Financial Details16454 Whitesville Rd PROPERTY INFO
FACTS
- Built In 2009
- Price/Sqft : $225.06
CONSTRUCTION
- Beds : 0
- Floor Size : 1,344 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
16454 Whitesville Rd, Delmar, DE 19940 is a single family home of 1,344 sqft. HomeUnion estimate for 16454 Whitesville Rd includes a Price Estimate of $302,475 and a Rent Estimate of $893. This single family home has 0 bedrooms, 0 bathrooms, and was built in 2009. This property has an estimated 15 year annualized Yield of 3.54% and Total Return of 4.78%. The estimated 1 year forecast in home value for 16454 Whitesville Rd is 4.41%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
16454 Whitesville Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
DELMAR
Neighborhood : DELMAR
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $893 per month.
MY RENT : $893 MEDIAN RENT : $918
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 $893 would therefore be considered affordable for annual household incomes greater than $35,720 (12 months x 3.333 x $893).
HOUSEHOLD INCOME RANGE
Approximately 1,087 of households in this neighborhood have a total annual income of $35,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $893 per month.
MINIMUM INCOME RANGE : $35,720
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
DELMAR Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 6.9% |
| Construction | 9.2% |
| Educational Services | 8.1% |
| Health Care & Social Assistance | 19.4% |
| Manufacturing | 10.5% |
| Retail & Wholesale Trader | 16.0% |
| Other | 29.8% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 30% is 24 or younger and 20% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.6% |
| 15-19 | 7.4% |
| 20-24 | 3.6% |
| 25-44 | 24.9% |
| 45-65 | 25.6% |
| 66+ | 19.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.3% |
| Healthcare | 9.3% |
| Management, Business, & Financial | 16.4% |
| Natural Resources Maintenance | 12.8% |
| Production & Transportation | 13.5% |
| Sales & Office | 21.9% |
| Other | 19.8% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.7% |
| High School | 43.3% |
| Masters Degree | 4.9% |
| Some College | 19.6% |
| Some High School | 15.2% |
| Other | 8.2% |
16454 Whitesville Rd Comps
Sorry, we do not have sufficient data available.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in DE , SUSSEX County , or the 19940 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
