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

2056 Milk Plant Rd Liberty, PA 16930

3 Beds 3 Baths 2,240 sqft Built 1996
Last updated:  Nov 28, 2019

INVESTimate

$228,198

$196K - $260K

Price Est.

$1,290

$1.1K - $1.5K

Rent Est.

$231,918  ( +1.63%)   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 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 8816 MONTERY COURT Indianapolis, IN
    • 3 beds 1 baths ∙ 1,300 Sqft ∙ Built 1962 ∙ 1units 3 beds 1 baths ∙ 1,300 Sqft ∙ Built 1962 ∙ 1units
    AVAILABLE
    • 14.24% GROSS YIELD
    • $5,490 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $75,000
    • $25,625
    • $890
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450
  • 1141 NORTH SHADELAND AVENUE Indianapolis, IN
    • 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units
    AVAILABLE
    • 13.78% GROSS YIELD
    • $6,875 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $94,900
    • $30,898
    • $1,090

2056 Milk Plant Rd PROPERTY INFO

FACTS
  • Built In 1996
  • Price/Sqft : $101.87
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,240 sqft
  • Baths : 2 Full 1 Half

2056 Milk Plant Rd SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

LIBERTY

  • 1,353

    POPULATION
  • 457

    HOUSEHOLDS
  • 56.8%

    WHITE COLLAR

Neighborhood : LIBERTY

HOUSEHOLDS
457
POPULATION

1,353

21.3%Renters
78.7%Home Owners
LABOR FORCE

 

56.8%White Collar
43.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,290 per month.

MY RENT : $1,290 MEDIAN RENT : $1,036

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 20.2%
$900-999 22.1%
$1,000-1,499 53.9%
>=$1,500 3.7%
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 $1,290 would therefore be considered affordable for annual household incomes greater than $51,600 (12 months x 3.333 x $1,290).

Rent % Affordability
Above $500 87.1%
Above $700 76.5%
Above $1,100 55.4%
Above $1,500 42.8%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 212 of households in this neighborhood have a total annual income of $51,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,290 per month.

MINIMUM INCOME RANGE : $51,600

Income % Distribution
<$20K 12.9%
$20K-$35K 19.9%
$35K-$60K 24.5%
$60K-$100K 26.9%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 10.4%
10-14 mins 8.9%
15-19 mins 5.7%
20-29 mins 14.0%
30-44 mins 37.6%
45-59 mins 7.9%
>60 mins 9.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,290 per month.

MY RENT : $1,290 MEDIAN RENT : $1,036

Rent % Distribution
$500-699 0.0%
$700-899 20.2%
$900-999 22.1%
$1,000-1,499 53.9%
>=$1,500 3.7%
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 $1,290 would therefore be considered affordable for annual household incomes greater than $51,600 (12 months x 3.333 x $1,290).

Rent % Affordability
Above $500 87.1%
Above $700 76.5%
Above $1,100 55.4%
Above $1,500 42.8%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 212 of households in this neighborhood have a total annual income of $51,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,290 per month.

MINIMUM INCOME RANGE : $51,600

Income % Distribution
<$20K 12.9%
$20K-$35K 19.9%
$35K-$60K 24.5%
$60K-$100K 26.9%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 10.4%
10-14 mins 8.9%
15-19 mins 5.7%
20-29 mins 14.0%
30-44 mins 37.6%
45-59 mins 7.9%
>60 mins 9.1%

LIBERTY Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.4%
Construction 9.8%
Educational Services 8.7%
Health Care & Social Assistance 9.8%
Manufacturing 12.4%
Retail & Wholesale Trader 12.4%
Other 37.6%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 35% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 24.6%
15-19 7.1%
20-24 3.5%
25-44 21.4%
45-65 25.4%
66+ 18.0%
OCCUPATION

Occupation % Distribution
Clean 6.8%
Healthcare 6.8%
Management, Business, & Financial 9.6%
Natural Resources Maintenance 17.0%
Production & Transportation 19.7%
Sales & Office 20.0%
Other 20.0%
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 10.6%
High School 45.3%
Masters Degree 5.0%
Some College 17.8%
Some High School 7.0%
Other 14.3%

2056 Milk Plant Rd Comps

Sorry, we do not have sufficient data available.

2056 Milk Plant Rd, Liberty, PA 16930 is a single family home of 2,240 sqft. HomeUnion INVESTimateĀ® for 2056 Milk Plant Rd includes a Price Estimate of $228,198 and a Rent Estimate of $1,290. This single family home has 3 bedrooms,3 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 6.78% and Total Return of 11.21%. The estimated 1 year forecast in home value for 2056 Milk Plant 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 16930 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 8727 Route 414
  2. 106 Roaring Branch Rd

Nearest zipcodes within 2 miles

  1. 16912
  2. 17765