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

217 Grandview Rd Elwyn, PA 19063

4 Beds 3 Baths 2,805 sqft Built 1955
Last updated:  Nov 28, 2019

INVESTimate

$432,643

$397K - $468K

Price Est.

$2,718

$2.4K - $3.0K

Rent Est.

$444,065  ( +2.64%)   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 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
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

217 Grandview Rd PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $154.24
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,805 sqft
  • Baths : 2 Full 1 Half

217 Grandview Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALLINGFORD ELEMENTARY SCHOOL Primary Regular 404 34 NA
STRATH HAVEN MIDDLE SCHOOL Middle Regular 804 67 NA
STRATH HAVEN HIGH SCHOOL High Regular 1,212 92 9

WALLINGFORD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 404
  • # of teachers: 34
-1
GreatSchools Rating

STRATH HAVEN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 804
  • # of teachers: 67
-1
GreatSchools Rating

STRATH HAVEN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,212
  • # of teachers: 92
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

MEDIA

  • 35,485

    POPULATION
  • 14,340

    HOUSEHOLDS
  • 81.6%

    WHITE COLLAR

Neighborhood : MEDIA

HOUSEHOLDS
14,340
POPULATION

35,485

28.1%Renters
71.9%Home Owners
LABOR FORCE

 

81.6%White Collar
18.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,718 per month.

MY RENT : $2,718 MEDIAN RENT : $2,373

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 9.2%
>=$1,500 90.2%
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 $2,718 would therefore be considered affordable for annual household incomes greater than $108,720 (12 months x 3.333 x $2,718).

Rent % Affordability
Above $500 92.8%
Above $700 86.7%
Above $1,100 77.5%
Above $1,500 68.8%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 3,848 of households in this neighborhood have a total annual income of $108,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,718 per month.

MINIMUM INCOME RANGE : $108,720

Income % Distribution
<$20K 7.2%
$20K-$35K 10.6%
$35K-$60K 13.4%
$60K-$100K 21.3%
>=$100K 47.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.0%
10-14 mins 12.0%
15-19 mins 11.0%
20-29 mins 16.4%
30-44 mins 27.5%
45-59 mins 13.7%
>60 mins 8.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,718 per month.

MY RENT : $2,718 MEDIAN RENT : $2,373

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 9.2%
>=$1,500 90.2%
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 $2,718 would therefore be considered affordable for annual household incomes greater than $108,720 (12 months x 3.333 x $2,718).

Rent % Affordability
Above $500 92.8%
Above $700 86.7%
Above $1,100 77.5%
Above $1,500 68.8%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 3,848 of households in this neighborhood have a total annual income of $108,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,718 per month.

MINIMUM INCOME RANGE : $108,720

Income % Distribution
<$20K 7.2%
$20K-$35K 10.6%
$35K-$60K 13.4%
$60K-$100K 21.3%
>=$100K 47.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.0%
10-14 mins 12.0%
15-19 mins 11.0%
20-29 mins 16.4%
30-44 mins 27.5%
45-59 mins 13.7%
>60 mins 8.1%

MEDIA Demographics

INDUSTRY

Industry % Distribution
Educational Services 13.9%
Financial Industries 7.7%
Health Care & Social Assistance 16.0%
Manufacturing 7.5%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 9.5%
Other 32.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 26% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 15.7%
15-19 5.5%
20-24 5.2%
25-44 22.5%
45-65 30.2%
66+ 20.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.9%
Construction 6.8%
Healthcare 10.7%
Management, Business, & Financial 29.6%
Natural Resources Maintenance 5.7%
Sales & Office 18.7%
Other 17.5%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.9%
High School 20.4%
Masters Degree 17.1%
Professional 5.2%
Some College 15.1%
Other 35.3%

217 Grandview Rd Comps

Sorry, we do not have sufficient data available.

217 Grandview Rd, Elwyn, PA 19063 is a single family home of 2,805 sqft. HomeUnion INVESTimateĀ® for 217 Grandview Rd includes a Price Estimate of $432,643 and a Rent Estimate of $2,718. This single family home has 4 bedrooms,3 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 7.54% and Total Return of 10.59%. The estimated 1 year forecast in home value for 217 Grandview Rd is 2.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , DELAWARE County , or the 19063 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2