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This page contains information about each property aggregated from public data sources, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more.

1553 Berryman Ave South Park, PA 15129

3 Beds 1 Baths 1,639 sqft Built 1957
Last updated:  Oct 23, 2019

INVESTimate

$207,444

$187K - $228K

Price Est.

$1,418

$1.2K - $1.6K

Rent Est.

$213,647  ( +2.99%)   1 YR EST. FORECAST

1553 Berryman Ave PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $126.57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,639 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
1553 Berryman Ave, South Park, PA 15129 is a single family home of 1,639 sqft. HomeUnion estimate for 1553 Berryman Ave includes a Price Estimate of $207,444 and a Rent Estimate of $1,418. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 8.20% and Total Return of 13.47%. The estimated 1 year forecast in home value for 1553 Berryman Ave is 2.99%.
  
  
  

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1553 Berryman Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SOUTH PARK ELEMENTARY CENTER Primary Regular 702 43 8
SOUTH PARK SENIOR HIGH SCHOOL High Regular 744 47 9

SOUTH PARK ELEMENTARY CENTER

  • Education Level: Primary
  • # of students: 702
  • # of teachers: 43
8
GreatSchools Rating

SOUTH PARK SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 744
  • # of teachers: 47
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Bethel Park

  • 30,996

    POPULATION
  • 12,832

    HOUSEHOLDS
  • 76.3%

    WHITE COLLAR

Neighborhood : Bethel Park

HOUSEHOLDS
12,832
POPULATION

30,996

22.0%Renters
78.0%Home Owners
LABOR FORCE

 

76.3%White Collar
23.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 57% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,418 per month.

MY RENT : $1,418 MEDIAN RENT : $1,489

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 51.1%
>=$1,500 48.9%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,418 would therefore be considered affordable for annual household incomes greater than $56,720 (12 months x 3.333 x $1,418).

Rent % Affordability
Above $500 90.9%
Above $700 84.2%
Above $1,100 69.9%
Above $1,500 58.3%
Above $1,900 46.1%
HOUSEHOLD INCOME RANGE

Approximately 7,615 of households in this neighborhood have a total annual income of $56,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,418 per month.

MINIMUM INCOME RANGE : $56,720

Income % Distribution
<$20K 9.1%
$20K-$35K 13.9%
$35K-$60K 18.6%
$60K-$100K 26.3%
>=$100K 32.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 7.4%
10-14 mins 9.7%
15-19 mins 10.8%
20-29 mins 18.5%
30-44 mins 25.5%
45-59 mins 15.3%
>60 mins 11.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 57% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,418 per month.

MY RENT : $1,418 MEDIAN RENT : $1,489

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 51.1%
>=$1,500 48.9%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $1,418 would therefore be considered affordable for annual household incomes greater than $56,720 (12 months x 3.333 x $1,418).

Rent % Affordability
Above $500 90.9%
Above $700 84.2%
Above $1,100 69.9%
Above $1,500 58.3%
Above $1,900 46.1%
HOUSEHOLD INCOME RANGE

Approximately 7,615 of households in this neighborhood have a total annual income of $56,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,418 per month.

MINIMUM INCOME RANGE : $56,720

Income % Distribution
<$20K 9.1%
$20K-$35K 13.9%
$35K-$60K 18.6%
$60K-$100K 26.3%
>=$100K 32.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 7.4%
10-14 mins 9.7%
15-19 mins 10.8%
20-29 mins 18.5%
30-44 mins 25.5%
45-59 mins 15.3%
>60 mins 11.1%

Bethel Park Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.0%
Educational Services 9.1%
Financial Industries 10.1%
Health Care & Social Assistance 15.1%
Professional & Scientific Tech Services 11.7%
Retail & Wholesale Trader 15.1%
Other 30.9%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 26% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 16.2%
15-19 5.8%
20-24 4.2%
25-44 22.7%
45-65 30.8%
66+ 20.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.9%
Healthcare 7.5%
Management, Business, & Financial 25.1%
Natural Resources Maintenance 6.4%
Production & Transportation 6.5%
Sales & Office 27.4%
Other 16.1%
HIGHEST EDUCATION LEVEL

25% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.9%
High School 26.7%
Masters Degree 12.0%
Some College 14.2%
Some High School 4.2%
Other 34.0%

1553 Berryman Ave Comps

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