2516 Starbrush Dr PROPERTY INFO
FACTS
- Built In 2013
- Price/Sqft : $129.96
CONSTRUCTION
- Beds : 4
- Floor Size : 3,499 sqft
- Baths : 3 Full 1 Half
PROPERTY DESCRIPTION
2516 Starbrush Dr, East Petersburg, PA 17520 is a single family home of 3,499 sqft. HomeUnion estimate for 2516 Starbrush Dr includes a Price Estimate of $454,728 and a Rent Estimate of $3,069. This single family home has 4 bedrooms, 4 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 8.10% and Total Return of 12.12%. The estimated 1 year forecast in home value for 2516 Starbrush Dr is 3.28%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2516 Starbrush Dr SCHOOLS
Financial Details
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East Petersburg
Neighborhood : East Petersburg
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,069 per month.
MY RENT : $3,069 MEDIAN RENT : $1,336
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 $3,069 would therefore be considered affordable for annual household incomes greater than $122,760 (12 months x 3.333 x $3,069).
HOUSEHOLD INCOME RANGE
Approximately 200 of households in this neighborhood have a total annual income of $122,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,069 per month.
MINIMUM INCOME RANGE : $122,760
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
East Petersburg Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 5.7% |
Educational Services | 9.8% |
Financial Industries | 5.6% |
Health Care & Social Assistance | 15.5% |
Manufacturing | 21.4% |
Retail & Wholesale Trader | 16.0% |
Other | 26.0% |
AGE DISTRIBUTION
58% of the population is between the ages of 25 and 64, 29% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.5% |
15-19 | 4.9% |
20-24 | 5.7% |
25-44 | 24.8% |
45-65 | 33.4% |
66+ | 12.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.4% |
Healthcare | 13.2% |
Management, Business, & Financial | 20.5% |
Natural Resources Maintenance | 6.6% |
Production & Transportation | 17.0% |
Sales & Office | 23.6% |
Other | 14.7% |
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 | 9.3% |
High School | 37.5% |
Masters Degree | 7.1% |
Some College | 19.2% |
Some High School | 5.7% |
Other | 21.1% |
2516 Starbrush Dr Comps
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