INVESTimate
$68,820
207 Gary St PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $111.15
CONSTRUCTION
- Beds : 0
- Floor Size : 1,946 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
207 Gary St, Cleona, PA 17042 is a single family home of 1,946 sqft. HomeUnion estimate for 207 Gary St includes a Price Estimate of $216,302 and a Rent Estimate of $1,096. This single family home has 0 bedrooms, 3 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 6.08% and Total Return of 9.38%. The estimated 1 year forecast in home value for 207 Gary St is 1.64%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
207 Gary St SCHOOLS
Financial Details
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LEBANON
Neighborhood : LEBANON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,096 per month.
MY RENT : $1,096 MEDIAN RENT : $1,061
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 $1,096 would therefore be considered affordable for annual household incomes greater than $43,840 (12 months x 3.333 x $1,096).
HOUSEHOLD INCOME RANGE
Approximately 8,394 of households in this neighborhood have a total annual income of $43,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,096 per month.
MINIMUM INCOME RANGE : $43,840
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
LEBANON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.6% |
Educational Services | 8.5% |
Health Care & Social Assistance | 18.6% |
Manufacturing | 15.2% |
Retail & Wholesale Trader | 14.5% |
Transportation | 5.2% |
Other | 28.5% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.5% |
15-19 | 5.6% |
20-24 | 5.7% |
25-44 | 22.8% |
45-65 | 28.3% |
66+ | 20.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.1% |
Healthcare | 10.1% |
Management, Business, & Financial | 15.2% |
Natural Resources Maintenance | 8.5% |
Production & Transportation | 18.1% |
Sales & Office | 21.5% |
Other | 21.4% |
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 | 6.8% |
High School | 42.4% |
Masters Degree | 6.6% |
Some College | 16.2% |
Some High School | 10.7% |
Other | 17.3% |
207 Gary St Comps
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