1. < Chicopee Rd

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

180 Chicopee Rd Damascus, PA 18415

3 Beds 3 Baths 2,622 sqft Built 1972
Last updated:  Nov 28, 2019

INVESTimate

$264,227

$246K - $283K

Price Est.

$1,958

$1.6K - $2.3K

Rent Est.

$81,520

Investment Est.

$291,522  ( +10.33%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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
  • 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
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 3870 MARTIN DRIVE Ellenwood, GA
    • 3 beds 2 baths ∙ 2,160 Sqft ∙ Built 1979 ∙ 1units 3 beds 2 baths ∙ 2,160 Sqft ∙ Built 1979 ∙ 1units
    AVAILABLE fmls
    • 13.21% GROSS YIELD
    • $9,524 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $139,000
    • $42,585
    • $1,530

180 Chicopee Rd PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $100.77
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,622 sqft
  • Baths : 3 Full

180 Chicopee 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

DAMASCUS

  • 1,072

    POPULATION

  • 496

    HOUSEHOLDS

  • 50.9%

    WHITE COLLAR

Neighborhood : DAMASCUS

HOUSEHOLDS
496
POPULATION

1,072

24.8%Renters
75.2%Home Owners
LABOR FORCE

 

50.9%White Collar
49.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,958 per month.

MY RENT : $1,958 MEDIAN RENT : $1,475

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 4.5%
$1,000-1,499 47.3%
>=$1,500 48.2%
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 $1,958 would therefore be considered affordable for annual household incomes greater than $78,320 (12 months x 3.333 x $1,958).

Rent % Affordability
Above $500 86.5%
Above $700 81.1%
Above $1,100 66.1%
Above $1,500 47.3%
Above $1,900 36.3%
HOUSEHOLD INCOME RANGE

Approximately 110 of households in this neighborhood have a total annual income of $78,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,958 per month.

MINIMUM INCOME RANGE : $78,320

Income % Distribution
<$20K 13.5%
$20K-$35K 13.7%
$35K-$60K 25.5%
$60K-$100K 31.9%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 1.1%
10-14 mins 20.7%
15-19 mins 7.2%
20-29 mins 13.5%
30-44 mins 33.2%
45-59 mins 3.9%
>60 mins 16.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,958 per month.

MY RENT : $1,958 MEDIAN RENT : $1,475

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 4.5%
$1,000-1,499 47.3%
>=$1,500 48.2%
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 $1,958 would therefore be considered affordable for annual household incomes greater than $78,320 (12 months x 3.333 x $1,958).

Rent % Affordability
Above $500 86.5%
Above $700 81.1%
Above $1,100 66.1%
Above $1,500 47.3%
Above $1,900 36.3%
HOUSEHOLD INCOME RANGE

Approximately 110 of households in this neighborhood have a total annual income of $78,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,958 per month.

MINIMUM INCOME RANGE : $78,320

Income % Distribution
<$20K 13.5%
$20K-$35K 13.7%
$35K-$60K 25.5%
$60K-$100K 31.9%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 1.1%
10-14 mins 20.7%
15-19 mins 7.2%
20-29 mins 13.5%
30-44 mins 33.2%
45-59 mins 3.9%
>60 mins 16.2%
DAMASCUS Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 16.8%
Construction 6.1%
Educational Services 8.6%
Health Care & Social Assistance 10.0%
Professional & Scientific Tech Services 11.5%
Retail & Wholesale Trader 13.1%
Other 33.9%
OCCUPATION

           

Occupation % Distribution
Education 7.5%
Management, Business, & Financial 13.6%
Natural Resources Maintenance 19.7%
Production & Transportation 13.2%
Protect 5.4%
Sales & Office 27.5%
Other 13.2%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 13.9%
15-19 1.9%
20-24 6.7%
25-44 22.2%
45-65 26.3%
66+ 29.0%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 38.6%
Masters Degree 9.4%
Some College 17.0%
Some High School 7.3%
Other 22.7%

DAMASCUS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 16.8%
Construction 6.1%
Educational Services 8.6%
Health Care & Social Assistance 10.0%
Professional & Scientific Tech Services 11.5%
Retail & Wholesale Trader 13.1%
Other 33.9%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 22% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 13.9%
15-19 1.9%
20-24 6.7%
25-44 22.2%
45-65 26.3%
66+ 29.0%
OCCUPATION

Occupation % Distribution
Education 7.5%
Management, Business, & Financial 13.6%
Natural Resources Maintenance 19.7%
Production & Transportation 13.2%
Protect 5.4%
Sales & Office 27.5%
Other 13.2%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 38.6%
Masters Degree 9.4%
Some College 17.0%
Some High School 7.3%
Other 22.7%

180 Chicopee Rd Comps

Sorry, we do not have sufficient data available.

180 Chicopee Rd, Damascus, PA 18415 is a single family home of 2,622 sqft. HomeUnion INVESTimateĀ® for 180 Chicopee Rd includes a Price Estimate of $264,227 and a Rent Estimate of $1,958. This single family home has 3 bedrooms,3 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 8.89% and Total Return of 30.89%. The estimated 1 year forecast in home value for 180 Chicopee Rd is 10.33%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , WAYNE County , or the 18415 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Chicopee Rd

  1. 108 Chicopee Rd
  2. 119 Chicopee Rd
  3. 157 Chicopee Rd
  4. 180 Chicopee Rd
  5. 190 Chicopee Rd
  6. 20 Chicopee Rd
  7. 200 Chicopee Rd
  8. 201 Chicopee Rd
  9. 206 Chicopee Rd
  10. 239 Chicopee Rd
  11. 272 Chicopee Rd
  12. 34 Chicopee Rd
  13. 62 Chicopee Rd
  14. 74 Chicopee Rd
  15. 92 Chicopee Rd

Similar Investment Properties By Bed/Bath within 2 miles

  1. 206 Chicopee Rd
  2. 47 Summit Dr
  3. 58 Lakeview Dr
  4. 72 Stonefence Rd
  5. 168 Church Rd
  6. 55 Church Rd
  7. 17 Katie Ln
  8. 39 Gaiser Dr
  9. 19 Cemetery Rd
  10. 125 Cemetery Rd
  11. 23 Cemetery Rd
  12. 11 Hull Pl
  13. 59 Schuman Rd
  14. 12 Gelbhaus Ln
  15. 73 Clover Hill Rd
  16. 59 Delaware Dr
  17. 60 Delaware Dr
  18. 22 Weeks Mt

Similar Investment Properties By List Price within 2 miles

  1. 25 Summit Dr
  2. 200 Chicopee Rd
  3. 14 Beaver Ln
  4. 206 Chicopee Rd
  5. 17 Meadowland Dr
  6. 71 Meadowland Dr
  7. 59 Meadowland Dr
  8. 22 Meadowland Dr
  9. 32 Lakeview Dr
  10. 80 Lakeview Dr
  11. 22 Paradise Ln
  12. 14 Excursion Dr
  13. 431 Galilee Rd
  14. 397 Galilee Rd
  15. 41 Pflaster Rd
  16. 436 Galilee Rd
  17. 18 Turkey Run
  18. 4 Church Rd
  19. 149 Pflaster Rd
  20. 389 Church Rd

Nearest zipcodes within 2 miles

  1. 18469
  2. 18417
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.