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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

318 Kertis Ave New Kensington, PA 15068

2 Beds 1 Baths 935 sqft Built 1920
Last updated:  Oct 23, 2019

INVESTimate

$72,012

$67.9K - $76.1K

Price Est.

$747

674 - 820

Rent Est.

$73,351  ( +1.86%)   1 YR EST. FORECAST
  
  
  

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318 Kertis Ave PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $77.02
CONSTRUCTION
  • Beds : 2
  • Floor Size : 935 sqft
  • Baths : 1 Full

318 Kertis Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PLUM SENIOR HIGH SCHOOL High Regular 1,360 85 9

PLUM SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,360
  • # of teachers: 85
9
GreatSchools Rating
 

Financial Details

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Neighborhood

NEW KENSINGTON

  • 38,535

    POPULATION
  • 16,808

    HOUSEHOLDS
  • 63.0%

    WHITE COLLAR

Neighborhood : NEW KENSINGTON

HOUSEHOLDS
16,808
POPULATION

38,535

31.1%Renters
68.9%Home Owners
LABOR FORCE

 

63.0%White Collar
37.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $747 per month.

MY RENT : $747 MEDIAN RENT : $775

Rent % Distribution LEVEL
$400-699 14.9%
$700-899 67.6%
$900-999 7.4%
$1,000-1,499 6.4%
>=$1,500 3.7%
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 $747 would therefore be considered affordable for annual household incomes greater than $29,880 (12 months x 3.333 x $747).

Rent % Affordability
Above $500 80.6%
Above $700 71.6%
Above $1,100 56.6%
Above $1,500 44.5%
Above $1,900 33.8%
HOUSEHOLD INCOME RANGE

Approximately 36,127 of households in this neighborhood have a total annual income of $29,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $747 per month.

MINIMUM INCOME RANGE : $29,880

Income % Distribution
<$20K 19.4%
$20K-$35K 16.5%
$35K-$60K 19.6%
$60K-$100K 22.7%
>=$100K 21.8%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 24% 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 2.4%
5-9 mins 9.1%
10-14 mins 12.6%
15-19 mins 16.0%
20-29 mins 20.1%
30-44 mins 20.3%
45-59 mins 9.8%
>60 mins 9.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $747 per month.

MY RENT : $747 MEDIAN RENT : $775

Rent % Distribution
$400-699 14.9%
$700-899 67.6%
$900-999 7.4%
$1,000-1,499 6.4%
>=$1,500 3.7%
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 $747 would therefore be considered affordable for annual household incomes greater than $29,880 (12 months x 3.333 x $747).

Rent % Affordability
Above $500 80.6%
Above $700 71.6%
Above $1,100 56.6%
Above $1,500 44.5%
Above $1,900 33.8%
HOUSEHOLD INCOME RANGE

Approximately 36,127 of households in this neighborhood have a total annual income of $29,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $747 per month.

MINIMUM INCOME RANGE : $29,880

Income % Distribution
<$20K 19.4%
$20K-$35K 16.5%
$35K-$60K 19.6%
$60K-$100K 22.7%
>=$100K 21.8%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 24% 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 2.4%
5-9 mins 9.1%
10-14 mins 12.6%
15-19 mins 16.0%
20-29 mins 20.1%
30-44 mins 20.3%
45-59 mins 9.8%
>60 mins 9.7%

NEW KENSINGTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.5%
Educational Services 7.5%
Health Care & Social Assistance 16.9%
Manufacturing 15.8%
Professional & Scientific Tech Services 5.3%
Retail & Wholesale Trader 17.5%
Other 28.5%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 26% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 15.8%
15-19 5.7%
20-24 4.3%
25-44 22.2%
45-65 31.7%
66+ 20.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.0%
Healthcare 9.9%
Management, Business, & Financial 15.9%
Natural Resources Maintenance 7.3%
Production & Transportation 16.2%
Sales & Office 25.1%
Other 17.5%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.8%
High School 39.2%
Masters Degree 7.0%
Some College 17.0%
Some High School 7.8%
Other 18.2%

318 Kertis Ave Comps

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318 Kertis Ave, New Kensington, PA 15068 is a single family home of 935 sqft. HomeUnion INVESTimateĀ® for 318 Kertis Ave includes a Price Estimate of $72,012 and a Rent Estimate of $747. This single family home has 2 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 12.45% and Total Return of 15.49%. The estimated 1 year forecast in home value for 318 Kertis Ave is 1.86%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15068 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 15144
  2. 15084
  3. 15030