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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

2172 2174 Smithdale Rd West Newton, PA 15089

4 Beds 2 Baths 2,032 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$189,884

$176K - $203K

Price Est.

$1,211

$1.1K - $1.4K

Rent Est.

$196,606  ( +3.54%)   1 YR EST. FORECAST
  
  
  

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2172 2174 Smithdale Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $93.45
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,032 sqft
  • Baths : 2 Full

2172 2174 Smithdale Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ELIZABETH FORWARD SENIOR HIGH SCHOOL High Regular 867 58 6

ELIZABETH FORWARD SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 867
  • # of teachers: 58
6
GreatSchools Rating
 

Financial Details

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Neighborhood

WEST NEWTON

  • 6,747

    POPULATION
  • 2,865

    HOUSEHOLDS
  • 54.9%

    WHITE COLLAR

Neighborhood : WEST NEWTON

HOUSEHOLDS
2,865
POPULATION

6,747

22.1%Renters
77.9%Home Owners
LABOR FORCE

 

54.9%White Collar
45.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 2% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,211 per month.

MY RENT : $1,211 MEDIAN RENT : $759

Rent % Distribution LEVEL
$500-699 12.3%
$700-899 72.8%
$900-999 11.5%
$1,000-1,499 3.3%
>=$1,500 0.0%
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 $1,211 would therefore be considered affordable for annual household incomes greater than $48,440 (12 months x 3.333 x $1,211).

Rent % Affordability
Above $500 80.0%
Above $700 71.8%
Above $1,100 58.4%
Above $1,500 44.8%
Above $1,900 34.6%
HOUSEHOLD INCOME RANGE

Approximately 1,395 of households in this neighborhood have a total annual income of $48,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,211 per month.

MINIMUM INCOME RANGE : $48,440

Income % Distribution
<$20K 20.0%
$20K-$35K 14.6%
$35K-$60K 20.7%
$60K-$100K 21.5%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 21% 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 4.6%
5-9 mins 10.1%
10-14 mins 6.6%
15-19 mins 11.6%
20-29 mins 29.1%
30-44 mins 21.0%
45-59 mins 7.4%
>60 mins 9.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 2% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,211 per month.

MY RENT : $1,211 MEDIAN RENT : $759

Rent % Distribution
$500-699 12.3%
$700-899 72.8%
$900-999 11.5%
$1,000-1,499 3.3%
>=$1,500 0.0%
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 $1,211 would therefore be considered affordable for annual household incomes greater than $48,440 (12 months x 3.333 x $1,211).

Rent % Affordability
Above $500 80.0%
Above $700 71.8%
Above $1,100 58.4%
Above $1,500 44.8%
Above $1,900 34.6%
HOUSEHOLD INCOME RANGE

Approximately 1,395 of households in this neighborhood have a total annual income of $48,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,211 per month.

MINIMUM INCOME RANGE : $48,440

Income % Distribution
<$20K 20.0%
$20K-$35K 14.6%
$35K-$60K 20.7%
$60K-$100K 21.5%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 21% 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 4.6%
5-9 mins 10.1%
10-14 mins 6.6%
15-19 mins 11.6%
20-29 mins 29.1%
30-44 mins 21.0%
45-59 mins 7.4%
>60 mins 9.6%

WEST NEWTON Demographics

INDUSTRY

Industry % Distribution
Construction 7.0%
Educational Services 8.7%
Health Care & Social Assistance 17.7%
Manufacturing 12.6%
Retail & Wholesale Trader 15.1%
Transportation 8.1%
Other 30.7%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 28% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 12.2%
15-19 6.9%
20-24 9.0%
25-44 19.6%
45-65 31.2%
66+ 21.1%
OCCUPATION

Occupation % Distribution
Clean 4.0%
Healthcare 10.1%
Management, Business, & Financial 19.4%
Natural Resources Maintenance 14.2%
Production & Transportation 17.4%
Sales & Office 21.1%
Other 13.8%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.2%
High School 43.7%
Masters Degree 5.6%
Some College 17.3%
Some High School 6.2%
Other 16.0%

2172 2174 Smithdale Rd Comps

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2172 2174 Smithdale Rd, West Newton, PA 15089 is a single family home of 2,032 sqft. HomeUnion INVESTimateĀ® for 2172 2174 Smithdale Rd includes a Price Estimate of $189,884 and a Rent Estimate of $1,211. This single family home has 4 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 7.65% and Total Return of 11.77%. The estimated 1 year forecast in home value for 2172 2174 Smithdale Rd is 3.54%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15089 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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