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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

291 Forgedale Rd Barto, PA 19504

4 Beds 4 Baths 4,619 sqft Built 2007
Last updated:  Jan 23, 2020

INVESTimate

$629,000

$575K - $683K

Price Est.

$2,625

$2.3K - $2.9K

Rent Est.

$625,981  ( -0.48%)   1 YR EST. FORECAST
  
  
  

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291 Forgedale Rd PROPERTY INFO

FACTS
  • Built In 2007
  • Price/Sqft : $136.18
CONSTRUCTION
  • Beds : 4
  • Floor Size : 4,619 sqft
  • Baths : 2 Full 2 Half

291 Forgedale Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BRANDYWINE HEIGHTS ELEMENTARY SCHOOL Primary Regular 437 31 7
BRANDYWINE HEIGHTS MIDDLE SCHOOL Middle Regular 409 37 7
BRANDYWINE HEIGHTS HIGH SCHOOL High Regular 569 47 8

BRANDYWINE HEIGHTS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 437
  • # of teachers: 31
7
GreatSchools Rating

BRANDYWINE HEIGHTS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 409
  • # of teachers: 37
7
GreatSchools Rating

BRANDYWINE HEIGHTS HIGH SCHOOL

  • Education Level: High
  • # of students: 569
  • # of teachers: 47
8
GreatSchools Rating
 

Financial Details

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Neighborhood

BARTO

  • 5,047

    POPULATION
  • 1,914

    HOUSEHOLDS
  • 62.7%

    WHITE COLLAR

Neighborhood : BARTO

HOUSEHOLDS
1,914
POPULATION

5,047

12.6%Renters
87.4%Home Owners
LABOR FORCE

 

62.7%White Collar
37.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,625 per month.

MY RENT : $2,625 MEDIAN RENT : $1,704

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 33.6%
>=$1,500 66.3%
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 $2,625 would therefore be considered affordable for annual household incomes greater than $105,000 (12 months x 3.333 x $2,625).

Rent % Affordability
Above $500 94.5%
Above $700 89.8%
Above $1,100 76.1%
Above $1,500 66.3%
Above $1,900 52.4%
HOUSEHOLD INCOME RANGE

Approximately 406 of households in this neighborhood have a total annual income of $105,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,625 per month.

MINIMUM INCOME RANGE : $105,000

Income % Distribution
<$20K 5.5%
$20K-$35K 10.1%
$35K-$60K 18.1%
$60K-$100K 29.7%
>=$100K 36.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 7.7%
10-14 mins 6.8%
15-19 mins 14.7%
20-29 mins 23.6%
30-44 mins 20.6%
45-59 mins 10.3%
>60 mins 13.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,625 per month.

MY RENT : $2,625 MEDIAN RENT : $1,704

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 33.6%
>=$1,500 66.3%
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 $2,625 would therefore be considered affordable for annual household incomes greater than $105,000 (12 months x 3.333 x $2,625).

Rent % Affordability
Above $500 94.5%
Above $700 89.8%
Above $1,100 76.1%
Above $1,500 66.3%
Above $1,900 52.4%
HOUSEHOLD INCOME RANGE

Approximately 406 of households in this neighborhood have a total annual income of $105,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,625 per month.

MINIMUM INCOME RANGE : $105,000

Income % Distribution
<$20K 5.5%
$20K-$35K 10.1%
$35K-$60K 18.1%
$60K-$100K 29.7%
>=$100K 36.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 7.7%
10-14 mins 6.8%
15-19 mins 14.7%
20-29 mins 23.6%
30-44 mins 20.6%
45-59 mins 10.3%
>60 mins 13.3%

BARTO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.3%
Construction 8.2%
Educational Services 10.3%
Health Care & Social Assistance 11.6%
Manufacturing 19.4%
Retail & Wholesale Trader 11.4%
Other 31.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 25% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 13.3%
15-19 7.2%
20-24 4.1%
25-44 20.7%
45-65 34.7%
66+ 20.1%
OCCUPATION

Occupation % Distribution
Construction 5.0%
Healthcare 7.1%
Management, Business, & Financial 20.8%
Natural Resources Maintenance 12.1%
Production & Transportation 17.2%
Sales & Office 23.1%
Other 14.7%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.7%
High School 45.0%
Masters Degree 7.0%
Some College 15.9%
Some High School 7.9%
Other 15.5%

291 Forgedale Rd Comps

Sorry, we do not have sufficient data available.

291 Forgedale Rd, Barto, PA 19504 is a single family home of 4,619 sqft. HomeUnion INVESTimateĀ® for 291 Forgedale Rd includes a Price Estimate of $629,000 and a Rent Estimate of $2,625. This single family home has 4 bedrooms,4 bathrooms, and was built in 2007. This property has an estimated 15 year annualized Yield of 5.01% and Total Return of -6.00%. The estimated 1 year forecast in home value for 291 Forgedale Rd is -0.48%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BERKS County , or the 19504 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Similar Investment Properties By List Price within 2 miles

  1. 278 Forgedale Rd
  2. 280 Dale Rd

Nearest zipcodes within 2 miles

  1. 19505
  2. 19512
  3. 18011
  4. 19525