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

236 Edwards Rd New Galilee, PA 16141

3 Beds 1 Baths 1,320 sqft Built 1982
Last updated:  Jan 23, 2020

INVESTimate

$117,181

$111K - $123K

Price Est.

$983

866 - $1.1K

Rent Est.

$121,329  ( +3.54%)   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
  • 1312 CAMELOT DRIVE Atlanta, GA
    • 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 1970 ∙ 1units 4 beds 3 baths ∙ 2,110 Sqft ∙ Built 1970 ∙ 1units
    AVAILABLE fmls
    • 15.34% GROSS YIELD
    • $8,581 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $115,000
    • $36,225
    • $1,470
  • 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
  • 2753 WHITEWATER COURT Austell, GA
    • 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1973 ∙ 1units 3 beds 2 baths ∙ 1,413 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 13.53% GROSS YIELD
    • $7,498 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,240

236 Edwards Rd PROPERTY INFO

FACTS
  • Built In 1982
  • Price/Sqft : $88.77
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,320 sqft
  • Baths : 1 Full

236 Edwards 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

NEW GALILEE

  • 1,677

    POPULATION
  • 698

    HOUSEHOLDS
  • 51.8%

    WHITE COLLAR

Neighborhood : NEW GALILEE

HOUSEHOLDS
698
POPULATION

1,677

14.1%Renters
85.9%Home Owners
LABOR FORCE

 

51.8%White Collar
48.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $983 per month.

MY RENT : $983 MEDIAN RENT : $1,056

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.8%
$900-999 24.5%
$1,000-1,499 57.5%
>=$1,500 10.2%
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 $983 would therefore be considered affordable for annual household incomes greater than $39,320 (12 months x 3.333 x $983).

Rent % Affordability
Above $500 85.1%
Above $700 73.6%
Above $1,100 55.1%
Above $1,500 42.2%
Above $1,900 29.1%
HOUSEHOLD INCOME RANGE

Approximately 351 of households in this neighborhood have a total annual income of $39,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $983 per month.

MINIMUM INCOME RANGE : $39,320

Income % Distribution
<$20K 14.9%
$20K-$35K 19.7%
$35K-$60K 23.2%
$60K-$100K 25.3%
>=$100K 16.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 7.7%
10-14 mins 10.5%
15-19 mins 15.6%
20-29 mins 22.8%
30-44 mins 23.5%
45-59 mins 10.7%
>60 mins 8.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $983 per month.

MY RENT : $983 MEDIAN RENT : $1,056

Rent % Distribution
$500-699 0.0%
$700-899 7.8%
$900-999 24.5%
$1,000-1,499 57.5%
>=$1,500 10.2%
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 $983 would therefore be considered affordable for annual household incomes greater than $39,320 (12 months x 3.333 x $983).

Rent % Affordability
Above $500 85.1%
Above $700 73.6%
Above $1,100 55.1%
Above $1,500 42.2%
Above $1,900 29.1%
HOUSEHOLD INCOME RANGE

Approximately 351 of households in this neighborhood have a total annual income of $39,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $983 per month.

MINIMUM INCOME RANGE : $39,320

Income % Distribution
<$20K 14.9%
$20K-$35K 19.7%
$35K-$60K 23.2%
$60K-$100K 25.3%
>=$100K 16.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 7.7%
10-14 mins 10.5%
15-19 mins 15.6%
20-29 mins 22.8%
30-44 mins 23.5%
45-59 mins 10.7%
>60 mins 8.1%

NEW GALILEE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.8%
Construction 8.9%
Health Care & Social Assistance 16.7%
Manufacturing 14.3%
Retail & Wholesale Trader 10.8%
Transportation 7.8%
Other 31.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 27% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 15.1%
15-19 4.8%
20-24 7.3%
25-44 18.9%
45-65 33.1%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.6%
Healthcare 10.9%
Management, Business, & Financial 15.5%
Natural Resources Maintenance 17.1%
Production & Transportation 17.7%
Sales & Office 17.9%
Other 16.4%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.5%
High School 47.6%
Masters Degree 5.1%
Some College 15.0%
Some High School 10.9%
Other 12.9%

236 Edwards Rd Comps

Sorry, we do not have sufficient data available.

236 Edwards Rd, New Galilee, PA 16141 is a single family home of 1,320 sqft. HomeUnion INVESTimateĀ® for 236 Edwards Rd includes a Price Estimate of $117,181 and a Rent Estimate of $983. This single family home has 3 bedrooms,1 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 10.07% and Total Return of 14.72%. The estimated 1 year forecast in home value for 236 Edwards Rd is 3.54%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LAWRENCE County , or the 16141 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Edwards Rd

  1. 160 Edwards Rd
  2. 236 Edwards Rd
  3. 328 Edwards Rd
  4. 757 Edwards Rd

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available