INVESTimate
$48,406
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1775 Verona Dr PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $177.64
CONSTRUCTION
- Beds : 1
- Floor Size : 784 sqft
- Baths : 1 Full
1775 Verona Dr SCHOOLS
Financial Details
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PEN ARGYL
Neighborhood : PEN ARGYL
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,044 per month.
MY RENT : $1,044 MEDIAN RENT : $1,324
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 $1,044 would therefore be considered affordable for annual household incomes greater than $41,760 (12 months x 3.333 x $1,044).
HOUSEHOLD INCOME RANGE
Approximately 1,495 of households in this neighborhood have a total annual income of $41,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,044 per month.
MINIMUM INCOME RANGE : $41,760
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
PEN ARGYL Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 7.8% |
Educational Services | 9.3% |
Health Care & Social Assistance | 16.9% |
Manufacturing | 10.6% |
Retail & Wholesale Trader | 19.2% |
Transportation | 6.1% |
Other | 30.1% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.3% |
15-19 | 6.7% |
20-24 | 8.9% |
25-44 | 22.9% |
45-65 | 27.7% |
66+ | 17.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.3% |
Healthcare | 11.2% |
Management, Business, & Financial | 14.1% |
Natural Resources Maintenance | 9.4% |
Production & Transportation | 16.4% |
Sales & Office | 21.8% |
Other | 21.9% |
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 | 8.7% |
High School | 41.6% |
Masters Degree | 6.4% |
Some College | 15.8% |
Some High School | 10.9% |
Other | 16.5% |
1775 Verona Dr Comps
1775 Verona Dr, Pen Argyl, PA 18072 is a single family home of 784 sqft. HomeUnion INVESTimateĀ® for 1775 Verona Dr includes a Price Estimate of $139,269 and a Rent Estimate of $1,044. This single family home has 1 bedrooms,1 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 9.00% and Total Return of 1.91%. The estimated 1 year forecast in home value for 1775 Verona Dr is 1.79%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , NORTHAMPTON County , or the 18072 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2