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

1951 Shin Hollow Rd Westfield, PA 16950

2 Beds 0 Baths 868 sqft Built 1985
Last updated:  Nov 28, 2019

INVESTimate

$67,129

$57.8K - $76.5K

Price Est.

$826

695 - 957

Rent Est.

$68,223  ( +1.63%)   1 YR EST. FORECAST
  
  
  

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

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 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
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

1951 Shin Hollow Rd PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $77.34
CONSTRUCTION
  • Beds : 2
  • Floor Size : 868 sqft
  • Baths : 0 Full

1951 Shin Hollow Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GALETON AREA SCHOOL Primary Regular 355 42 5
GALETON AREA SCHOOL Middle Regular 355 42 5
GALETON AREA SCHOOL High Regular 355 42 5

GALETON AREA SCHOOL

  • Education Level: Primary
  • # of students: 355
  • # of teachers: 42
5
GreatSchools Rating

GALETON AREA SCHOOL

  • Education Level: Middle
  • # of students: 355
  • # of teachers: 42
5
GreatSchools Rating

GALETON AREA SCHOOL

  • Education Level: High
  • # of students: 355
  • # of teachers: 42
5
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

WESTFIELD

  • 3,423

    POPULATION
  • 1,336

    HOUSEHOLDS
  • 46.4%

    WHITE COLLAR

Neighborhood : WESTFIELD

HOUSEHOLDS
1,336
POPULATION

3,423

25.0%Renters
75.0%Home Owners
LABOR FORCE

 

46.4%White Collar
53.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $826 per month.

MY RENT : $826 MEDIAN RENT : $914

Rent % Distribution LEVEL
$500-699 1.0%
$700-899 44.9%
$900-999 24.7%
$1,000-1,499 27.4%
>=$1,500 2.0%
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 $826 would therefore be considered affordable for annual household incomes greater than $33,040 (12 months x 3.333 x $826).

Rent % Affordability
Above $500 75.2%
Above $700 64.8%
Above $1,100 44.8%
Above $1,500 28.7%
Above $1,900 18.5%
HOUSEHOLD INCOME RANGE

Approximately 3,025 of households in this neighborhood have a total annual income of $33,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $826 per month.

MINIMUM INCOME RANGE : $33,040

Income % Distribution
<$20K 24.8%
$20K-$35K 18.8%
$35K-$60K 27.8%
$60K-$100K 20.0%
>=$100K 8.7%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.5%
5-9 mins 17.8%
10-14 mins 9.7%
15-19 mins 7.6%
20-29 mins 10.2%
30-44 mins 18.1%
45-59 mins 13.1%
>60 mins 12.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $826 per month.

MY RENT : $826 MEDIAN RENT : $914

Rent % Distribution
$500-699 1.0%
$700-899 44.9%
$900-999 24.7%
$1,000-1,499 27.4%
>=$1,500 2.0%
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 $826 would therefore be considered affordable for annual household incomes greater than $33,040 (12 months x 3.333 x $826).

Rent % Affordability
Above $500 75.2%
Above $700 64.8%
Above $1,100 44.8%
Above $1,500 28.7%
Above $1,900 18.5%
HOUSEHOLD INCOME RANGE

Approximately 3,025 of households in this neighborhood have a total annual income of $33,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $826 per month.

MINIMUM INCOME RANGE : $33,040

Income % Distribution
<$20K 24.8%
$20K-$35K 18.8%
$35K-$60K 27.8%
$60K-$100K 20.0%
>=$100K 8.7%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.5%
5-9 mins 17.8%
10-14 mins 9.7%
15-19 mins 7.6%
20-29 mins 10.2%
30-44 mins 18.1%
45-59 mins 13.1%
>60 mins 12.9%

WESTFIELD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.4%
Educational Services 7.0%
Health Care & Social Assistance 15.7%
Manufacturing 23.5%
Retail & Wholesale Trader 9.3%
Transportation 6.5%
Other 31.6%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 24% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 14.7%
15-19 6.1%
20-24 3.0%
25-44 21.9%
45-65 31.5%
66+ 22.8%
OCCUPATION

Occupation % Distribution
Construction 5.3%
Healthcare 6.6%
Management, Business, & Financial 9.1%
Natural Resources Maintenance 14.0%
Production & Transportation 28.7%
Sales & Office 17.6%
Other 18.7%
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 7.1%
High School 51.7%
Masters Degree 3.7%
Some College 13.7%
Some High School 17.0%
Other 6.9%

1951 Shin Hollow Rd Comps

Sorry, we do not have sufficient data available.

1951 Shin Hollow Rd, Westfield, PA 16950 is a single family home of 868 sqft. HomeUnion INVESTimateĀ® for 1951 Shin Hollow Rd includes a Price Estimate of $67,129 and a Rent Estimate of $826. This single family home has 2 bedrooms,0 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 14.77% and Total Return of 22.66%. The estimated 1 year forecast in home value for 1951 Shin Hollow Rd is 1.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , TIOGA County , or the 16950 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. 1933 Shin Hollow Rd
  2. 49 Bingaman Ln
  3. 2217 Shin Hollow Rd

Nearest zipcodes within 2 miles

  1. 16946
  2. 16914
  3. 16921
  4. 16942