Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
This page contains aggregated information about each property, 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 about INVESTimate

...MORE

This page contains aggregated information about each property, 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 about INVESTimate

172 Hellmers Hill Rd Equinunk, PA 18417

5 Beds 3 Baths 3,315 sqft Built 2003
Last updated:  Dec 26, 2019

INVESTimate

$535,496

$498K - $573K

Price Est.

$2,155

$1.8K - $2.5K

Rent Est.

$537,692  ( +0.41%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

172 Hellmers Hill Rd PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $161.54
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,315 sqft
  • Baths : 2 Full 1 Half

172 Hellmers Hill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HONESDALE HIGH SCHOOL High Regular 969 66 8

HONESDALE HIGH SCHOOL

  • Education Level: High
  • # of students: 969
  • # of teachers: 66
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

EQUINUNK

  • 1,084

    POPULATION
  • 420

    HOUSEHOLDS
  • 49.5%

    WHITE COLLAR

Neighborhood : EQUINUNK

HOUSEHOLDS
420
POPULATION

1,084

13.9%Renters
86.1%Home Owners
LABOR FORCE

 

49.5%White Collar
50.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,155 per month.

MY RENT : $2,155 MEDIAN RENT : $1,226

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 12.9%
$900-999 14.4%
$1,000-1,499 44.9%
>=$1,500 27.8%
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 $2,155 would therefore be considered affordable for annual household incomes greater than $86,200 (12 months x 3.333 x $2,155).

Rent % Affordability
Above $500 85.5%
Above $700 77.1%
Above $1,100 59.6%
Above $1,500 45.2%
Above $1,900 30.5%
HOUSEHOLD INCOME RANGE

Approximately 77 of households in this neighborhood have a total annual income of $86,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,155 per month.

MINIMUM INCOME RANGE : $86,200

Income % Distribution
<$20K 14.5%
$20K-$35K 17.9%
$35K-$60K 22.4%
$60K-$100K 31.2%
>=$100K 14.0%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.5%
5-9 mins 10.8%
10-14 mins 10.8%
15-19 mins 8.4%
20-29 mins 16.9%
30-44 mins 28.0%
45-59 mins 6.3%
>60 mins 14.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,155 per month.

MY RENT : $2,155 MEDIAN RENT : $1,226

Rent % Distribution
$500-699 0.0%
$700-899 12.9%
$900-999 14.4%
$1,000-1,499 44.9%
>=$1,500 27.8%
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 $2,155 would therefore be considered affordable for annual household incomes greater than $86,200 (12 months x 3.333 x $2,155).

Rent % Affordability
Above $500 85.5%
Above $700 77.1%
Above $1,100 59.6%
Above $1,500 45.2%
Above $1,900 30.5%
HOUSEHOLD INCOME RANGE

Approximately 77 of households in this neighborhood have a total annual income of $86,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,155 per month.

MINIMUM INCOME RANGE : $86,200

Income % Distribution
<$20K 14.5%
$20K-$35K 17.9%
$35K-$60K 22.4%
$60K-$100K 31.2%
>=$100K 14.0%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.5%
5-9 mins 10.8%
10-14 mins 10.8%
15-19 mins 8.4%
20-29 mins 16.9%
30-44 mins 28.0%
45-59 mins 6.3%
>60 mins 14.2%

EQUINUNK Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Construction 15.9%
Educational Services 9.1%
Health Care & Social Assistance 14.6%
Manufacturing 8.0%
Retail & Wholesale Trader 15.2%
Other 27.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 27% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 19.1%
15-19 4.0%
20-24 3.5%
25-44 23.1%
45-65 25.0%
66+ 25.4%
OCCUPATION

Occupation % Distribution
Clean 4.7%
Healthcare 6.5%
Management, Business, & Financial 14.3%
Natural Resources Maintenance 21.1%
Production & Transportation 15.1%
Sales & Office 21.1%
Other 17.2%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.6%
High School 48.6%
Masters Degree 8.4%
Some College 15.4%
Some High School 10.3%
Other 10.7%

172 Hellmers Hill Rd Comps

Sorry, we do not have sufficient data available.

172 Hellmers Hill Rd, Equinunk, PA 18417 is a single family home of 3,315 sqft. HomeUnion INVESTimateĀ® for 172 Hellmers Hill Rd includes a Price Estimate of $535,496 and a Rent Estimate of $2,155. This single family home has 5 bedrooms,3 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 4.83% and Total Return of 6.21%. The estimated 1 year forecast in home value for 172 Hellmers Hill Rd is 0.41%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , WAYNE County , or the 18417 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

  1. 57 Lester Rd A

Nearest zipcodes within 2 miles

  1. 18415