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

21 W Main St Brownstown, PA 17508

3 Beds 2 Baths 1,404 sqft Built 2012
Last updated:  Oct 23, 2019

INVESTimate

$221,822

$207K - $237K

Price Est.

$1,272

$1.2K - $1.4K

Rent Est.

$230,207  ( +3.78%)   1 YR EST. FORECAST
  
  
  

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

  • 1927 MACONDRAY DRIVE Humble, TX
    • 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units
    AVAILABLE
    • 19.65% GROSS YIELD
    • $7,394 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $95,900
    • $31,164
    • $1,570
  • 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
  • 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
  • 1810 Ashborough Rd Apt E Marietta, GA
    • 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1973
    AVAILABLE
    • 13.55% GROSS YIELD
    • $5,993 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,400

21 W Main St PROPERTY INFO

FACTS
  • Built In 2012
  • Price/Sqft : $157.99
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,404 sqft
  • Baths : 2 Full

21 W Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CONESTOGA VALLEY MIDDLE SCHOOL Middle Regular 683 43 8
CONESTOGA VALLEY HIGH SCHOOL High Regular 1,378 82 9

CONESTOGA VALLEY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 683
  • # of teachers: 43
8
GreatSchools Rating

CONESTOGA VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,378
  • # of teachers: 82
9
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

Brownstown

  • 2,498

    POPULATION
  • 904

    HOUSEHOLDS
  • 60.5%

    WHITE COLLAR

Neighborhood : Brownstown

HOUSEHOLDS
904
POPULATION

2,498

16.8%Renters
83.2%Home Owners
LABOR FORCE

 

60.5%White Collar
39.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,272 per month.

MY RENT : $1,272 MEDIAN RENT : $1,316

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 3.3%
$1,000-1,499 67.2%
>=$1,500 29.5%
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 $1,272 would therefore be considered affordable for annual household incomes greater than $50,880 (12 months x 3.333 x $1,272).

Rent % Affordability
Above $500 88.2%
Above $700 80.5%
Above $1,100 60.2%
Above $1,500 44.2%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 428 of households in this neighborhood have a total annual income of $50,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,272 per month.

MINIMUM INCOME RANGE : $50,880

Income % Distribution
<$20K 11.8%
$20K-$35K 21.9%
$35K-$60K 22.2%
$60K-$100K 27.1%
>=$100K 17.1%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 9.4%
10-14 mins 26.6%
15-19 mins 22.0%
20-29 mins 26.5%
30-44 mins 10.9%
45-59 mins 0.7%
>60 mins 2.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,272 per month.

MY RENT : $1,272 MEDIAN RENT : $1,316

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 3.3%
$1,000-1,499 67.2%
>=$1,500 29.5%
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 $1,272 would therefore be considered affordable for annual household incomes greater than $50,880 (12 months x 3.333 x $1,272).

Rent % Affordability
Above $500 88.2%
Above $700 80.5%
Above $1,100 60.2%
Above $1,500 44.2%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 428 of households in this neighborhood have a total annual income of $50,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,272 per month.

MINIMUM INCOME RANGE : $50,880

Income % Distribution
<$20K 11.8%
$20K-$35K 21.9%
$35K-$60K 22.2%
$60K-$100K 27.1%
>=$100K 17.1%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 9.4%
10-14 mins 26.6%
15-19 mins 22.0%
20-29 mins 26.5%
30-44 mins 10.9%
45-59 mins 0.7%
>60 mins 2.8%

Brownstown Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 6.4%
Educational Services 8.2%
Health Care & Social Assistance 6.1%
Manufacturing 23.7%
Retail & Wholesale Trader 20.1%
Transportation 7.1%
Other 28.5%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 19.0%
15-19 7.6%
20-24 4.6%
25-44 15.6%
45-65 35.8%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.8%
Management, Business, & Financial 27.5%
Natural Resources Maintenance 7.7%
PCare 8.2%
Production & Transportation 22.1%
Sales & Office 21.0%
Other 8.9%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.7%
High School 33.9%
Masters Degree 3.4%
Some College 14.6%
Some High School 25.0%
Other 19.2%

21 W Main St Comps

Sorry, we do not have sufficient data available.

21 W Main St, Brownstown, PA 17508 is a single family home of 1,404 sqft. HomeUnion INVESTimateĀ® for 21 W Main St includes a Price Estimate of $221,822 and a Rent Estimate of $1,272. This single family home has 3 bedrooms,2 bathrooms, and was built in 2012. This property has an estimated 15 year annualized Yield of 6.88% and Total Return of 16.27%. The estimated 1 year forecast in home value for 21 W Main St is 3.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LANCASTER County , or the 17508 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2