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

310 N Lang Ave Pittsburgh, PA 15208

8 Beds 3 Baths 4,203 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$194,797

$181K - $208K

Price Est.

$2,428

$2.0K - $2.8K

Rent Est.

$209,991  ( +7.8%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 1927 MACONDRAY DRIVE Humble, TX
    • 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units
    AVAILABLE
    • 19.65% GROSS YIELD
    • $7,394 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $95,900
    • $31,164
    • $1,570
  • 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
  • 4338 KENMORE ROAD Indianapolis, IN
    • 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units
    AVAILABLE
    • 14.13% GROSS YIELD
    • $6,112 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,000
    • $26,685
    • $930
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450

310 N Lang Ave PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $46.35
CONSTRUCTION
  • Beds : 8
  • Floor Size : 4,203 sqft
  • Baths : 3 Full

310 N Lang Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MINADEO K-5 SCHOOL Primary Regular 550 34 3
STERRETT MIDDLE SCHOOL Middle Magnet 399 26 4
ALLDERDICE HIGH SCHOOL High Magnet 1,352 100 5

MINADEO K-5 SCHOOL

  • Education Level: Primary
  • # of students: 550
  • # of teachers: 34
3
GreatSchools Rating

STERRETT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 399
  • # of teachers: 26
4
GreatSchools Rating

ALLDERDICE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,352
  • # of teachers: 100
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Point Breeze North

  • 1,731

    POPULATION
  • 995

    HOUSEHOLDS
  • 82.0%

    WHITE COLLAR

Neighborhood : Point Breeze North

HOUSEHOLDS
995
POPULATION

1,731

66.3%Renters
33.7%Home Owners
LABOR FORCE

 

82.0%White Collar
18.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,428 per month.

MY RENT : $2,428 MEDIAN RENT : $1,675

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.6%
$900-999 3.9%
$1,000-1,499 36.7%
>=$1,500 58.8%
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 $2,428 would therefore be considered affordable for annual household incomes greater than $97,120 (12 months x 3.333 x $2,428).

Rent % Affordability
Above $500 75.8%
Above $700 70.9%
Above $1,100 55.5%
Above $1,500 40.9%
Above $1,900 33.4%
HOUSEHOLD INCOME RANGE

Approximately 196 of households in this neighborhood have a total annual income of $97,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,428 per month.

MINIMUM INCOME RANGE : $97,120

Income % Distribution
<$20K 24.2%
$20K-$35K 12.0%
$35K-$60K 22.9%
$60K-$100K 21.8%
>=$100K 19.1%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 14.2%
10-14 mins 15.0%
15-19 mins 14.0%
20-29 mins 25.9%
30-44 mins 15.7%
45-59 mins 7.2%
>60 mins 3.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,428 per month.

MY RENT : $2,428 MEDIAN RENT : $1,675

Rent % Distribution
$500-699 0.0%
$700-899 0.6%
$900-999 3.9%
$1,000-1,499 36.7%
>=$1,500 58.8%
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 $2,428 would therefore be considered affordable for annual household incomes greater than $97,120 (12 months x 3.333 x $2,428).

Rent % Affordability
Above $500 75.8%
Above $700 70.9%
Above $1,100 55.5%
Above $1,500 40.9%
Above $1,900 33.4%
HOUSEHOLD INCOME RANGE

Approximately 196 of households in this neighborhood have a total annual income of $97,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,428 per month.

MINIMUM INCOME RANGE : $97,120

Income % Distribution
<$20K 24.2%
$20K-$35K 12.0%
$35K-$60K 22.9%
$60K-$100K 21.8%
>=$100K 19.1%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 14.2%
10-14 mins 15.0%
15-19 mins 14.0%
20-29 mins 25.9%
30-44 mins 15.7%
45-59 mins 7.2%
>60 mins 3.1%

Point Breeze North Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Educational Services 18.0%
Health Care & Social Assistance 26.9%
Professional & Scientific Tech Services 13.9%
Real Estate 4.9%
Retail & Wholesale Trader 8.1%
Other 19.5%
AGE DISTRIBUTION

71% of the population is between the ages of 25 and 64, 16% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 6.4%
15-19 3.8%
20-24 6.1%
25-44 41.8%
45-65 29.5%
66+ 12.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.9%
Construction 8.5%
Healthcare 11.1%
Management, Business, & Financial 27.0%
Sales & Office 17.2%
Social 6.1%
Other 20.2%
HIGHEST EDUCATION LEVEL

45% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.0%
Doctorate 10.5%
High School 10.3%
Masters Degree 17.0%
Some College 10.4%
Other 37.7%

310 N Lang Ave Comps

Sorry, we do not have sufficient data available.

310 N Lang Ave, Pittsburgh, PA 15208 is a single family home of 4,203 sqft. HomeUnion INVESTimateĀ® for 310 N Lang Ave includes a Price Estimate of $194,797 and a Rent Estimate of $2,428. This single family home has 8 bedrooms,3 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 14.96% and Total Return of 33.40%. The estimated 1 year forecast in home value for 310 N Lang Ave is 7.8%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15208 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available