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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

245 Ponderosa Rd Schellsburg, PA 15559

0 Beds 0 Baths 720 sqft Built 1994
Last updated:  Dec 26, 2019

INVESTimate

$122,760

$114K - $132K

Price Est.

$761

641 - 881

Rent Est.

$125,252  ( +2.03%)   1 YR EST. FORECAST
  
  
  

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245 Ponderosa Rd PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $170.50
CONSTRUCTION
  • Beds : 0
  • Floor Size : 720 sqft
  • Baths : 0 Full

245 Ponderosa Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NEW PARIS CENTER ELEMENTARY SCHOOL Primary Regular 242 15 6
CHESTNUT RIDGE MIDDLE SCHOOL Middle Regular 516 29 5
CHESTNUT RIDGE HIGH SCHOOL High Regular 477 30 6

NEW PARIS CENTER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 242
  • # of teachers: 15
6
GreatSchools Rating

CHESTNUT RIDGE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 516
  • # of teachers: 29
5
GreatSchools Rating

CHESTNUT RIDGE HIGH SCHOOL

  • Education Level: High
  • # of students: 477
  • # of teachers: 30
6
GreatSchools Rating
 

Financial Details

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Neighborhood

SCHELLSBURG

  • 1,932

    POPULATION
  • 786

    HOUSEHOLDS
  • 47.0%

    WHITE COLLAR

Neighborhood : SCHELLSBURG

HOUSEHOLDS
786
POPULATION

1,932

18.1%Renters
81.9%Home Owners
LABOR FORCE

 

47.0%White Collar
53.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $761 per month.

MY RENT : $761 MEDIAN RENT : $928

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 40.2%
$900-999 33.5%
$1,000-1,499 26.3%
>=$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 $761 would therefore be considered affordable for annual household incomes greater than $30,440 (12 months x 3.333 x $761).

Rent % Affordability
Above $500 83.4%
Above $700 76.0%
Above $1,100 55.5%
Above $1,500 43.6%
Above $1,900 30.7%
HOUSEHOLD INCOME RANGE

Approximately 1,761 of households in this neighborhood have a total annual income of $30,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $761 per month.

MINIMUM INCOME RANGE : $30,440

Income % Distribution
<$20K 16.6%
$20K-$35K 17.3%
$35K-$60K 22.5%
$60K-$100K 27.6%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 15% 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 2.8%
5-9 mins 2.5%
10-14 mins 10.0%
15-19 mins 22.4%
20-29 mins 26.2%
30-44 mins 16.8%
45-59 mins 10.0%
>60 mins 9.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $761 per month.

MY RENT : $761 MEDIAN RENT : $928

Rent % Distribution
$500-699 0.0%
$700-899 40.2%
$900-999 33.5%
$1,000-1,499 26.3%
>=$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 $761 would therefore be considered affordable for annual household incomes greater than $30,440 (12 months x 3.333 x $761).

Rent % Affordability
Above $500 83.4%
Above $700 76.0%
Above $1,100 55.5%
Above $1,500 43.6%
Above $1,900 30.7%
HOUSEHOLD INCOME RANGE

Approximately 1,761 of households in this neighborhood have a total annual income of $30,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $761 per month.

MINIMUM INCOME RANGE : $30,440

Income % Distribution
<$20K 16.6%
$20K-$35K 17.3%
$35K-$60K 22.5%
$60K-$100K 27.6%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 15% 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 2.8%
5-9 mins 2.5%
10-14 mins 10.0%
15-19 mins 22.4%
20-29 mins 26.2%
30-44 mins 16.8%
45-59 mins 10.0%
>60 mins 9.2%

SCHELLSBURG Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Construction 9.3%
Health Care & Social Assistance 15.3%
Manufacturing 15.5%
Retail & Wholesale Trader 10.8%
Transportation 8.9%
Other 30.6%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 23% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.2%
15-19 5.3%
20-24 3.9%
25-44 21.0%
45-65 34.3%
66+ 21.3%
OCCUPATION

Occupation % Distribution
Education 5.8%
Healthcare 8.3%
Management, Business, & Financial 11.6%
Natural Resources Maintenance 12.4%
Production & Transportation 23.0%
Sales & Office 21.4%
Other 17.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.8%
High School 53.4%
Masters Degree 4.5%
Some College 13.5%
Some High School 12.4%
Other 7.5%

245 Ponderosa Rd Comps

Sorry, we do not have sufficient data available.

245 Ponderosa Rd, Schellsburg, PA 15559 is a single family home of 720 sqft. HomeUnion INVESTimateĀ® for 245 Ponderosa Rd includes a Price Estimate of $122,760 and a Rent Estimate of $761. This single family home has 0 bedrooms,0 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 7.44% and Total Return of 14.68%. The estimated 1 year forecast in home value for 245 Ponderosa Rd is 2.03%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BEDFORD County , or the 15559 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 15522
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  5. 15554