INVESTimate
$63,173
183 Cooley Rd PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $145.08
CONSTRUCTION
- Beds : 3
- Floor Size : 1,344 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
183 Cooley Rd, Allenwood, PA 17810 is a single family home of 1,344 sqft. HomeUnion estimate for 183 Cooley Rd includes a Price Estimate of $194,991 and a Rent Estimate of $1,414. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 8.70% and Total Return of 24.84%. The estimated 1 year forecast in home value for 183 Cooley Rd is 6.36%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
183 Cooley Rd SCHOOLS
Financial Details
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ALLENWOOD
Neighborhood : ALLENWOOD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,414 per month.
MY RENT : $1,414 MEDIAN RENT : $1,027
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 $1,414 would therefore be considered affordable for annual household incomes greater than $56,560 (12 months x 3.333 x $1,414).
HOUSEHOLD INCOME RANGE
Approximately 377 of households in this neighborhood have a total annual income of $56,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,414 per month.
MINIMUM INCOME RANGE : $56,560
COMMUTE TIME DISTRIBUTION
67% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
ALLENWOOD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 9.1% |
Health Care & Social Assistance | 18.1% |
Manufacturing | 13.8% |
Public Administration | 6.1% |
Retail & Wholesale Trader | 15.1% |
Transportation | 9.3% |
Other | 28.6% |
AGE DISTRIBUTION
77% of the population is between the ages of 25 and 64, 15% is 24 or younger and 7% is 65 or older.
Age | % Distribution |
---|---|
<15 | 8.4% |
15-19 | 2.2% |
20-24 | 4.8% |
25-44 | 48.2% |
45-65 | 29.1% |
66+ | 7.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 8.4% |
Management, Business, & Financial | 13.7% |
Natural Resources Maintenance | 14.9% |
Production & Transportation | 25.2% |
Protect | 6.9% |
Sales & Office | 20.1% |
Other | 10.8% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.1% |
High School | 48.4% |
Masters Degree | 2.7% |
Some College | 24.1% |
Some High School | 13.0% |
Other | 5.8% |
183 Cooley Rd Comps
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