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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

328 W Fourth St Elwyn, PA 19063

4 Beds 2 Baths 2,037 sqft Built 1920
Last updated:  Nov 28, 2019

INVESTimate

$562,821

$517K - $609K

Price Est.

$2,923

$2.6K - $3.2K

Rent Est.

$577,679  ( +2.64%)   1 YR EST. FORECAST
  
  
  

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328 W Fourth St PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $276.30
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,037 sqft
  • Baths : 2 Full

328 W Fourth St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MEDIA ELEMENTARY SCHOOL Primary Regular 434 30 NA
SPRINGTON LAKE MIDDLE SCHOOL Middle Regular 847 76 NA
PENNCREST HIGH SCHOOL High Regular 1,340 104 10

MEDIA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 434
  • # of teachers: 30
-1
GreatSchools Rating

SPRINGTON LAKE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 847
  • # of teachers: 76
-1
GreatSchools Rating

PENNCREST HIGH SCHOOL

  • Education Level: High
  • # of students: 1,340
  • # of teachers: 104
10
GreatSchools Rating
 

Financial Details

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Neighborhood

MEDIA

  • 35,485

    POPULATION
  • 14,340

    HOUSEHOLDS
  • 81.6%

    WHITE COLLAR

Neighborhood : MEDIA

HOUSEHOLDS
14,340
POPULATION

35,485

28.1%Renters
71.9%Home Owners
LABOR FORCE

 

81.6%White Collar
18.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,923 per month.

MY RENT : $2,923 MEDIAN RENT : $2,373

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 9.2%
>=$1,500 90.2%
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 $2,923 would therefore be considered affordable for annual household incomes greater than $116,920 (12 months x 3.333 x $2,923).

Rent % Affordability
Above $500 92.8%
Above $700 86.7%
Above $1,100 77.5%
Above $1,500 68.8%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 3,625 of households in this neighborhood have a total annual income of $116,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,923 per month.

MINIMUM INCOME RANGE : $116,920

Income % Distribution
<$20K 7.2%
$20K-$35K 10.6%
$35K-$60K 13.4%
$60K-$100K 21.3%
>=$100K 47.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.0%
10-14 mins 12.0%
15-19 mins 11.0%
20-29 mins 16.4%
30-44 mins 27.5%
45-59 mins 13.7%
>60 mins 8.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,923 per month.

MY RENT : $2,923 MEDIAN RENT : $2,373

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 9.2%
>=$1,500 90.2%
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 $2,923 would therefore be considered affordable for annual household incomes greater than $116,920 (12 months x 3.333 x $2,923).

Rent % Affordability
Above $500 92.8%
Above $700 86.7%
Above $1,100 77.5%
Above $1,500 68.8%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 3,625 of households in this neighborhood have a total annual income of $116,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,923 per month.

MINIMUM INCOME RANGE : $116,920

Income % Distribution
<$20K 7.2%
$20K-$35K 10.6%
$35K-$60K 13.4%
$60K-$100K 21.3%
>=$100K 47.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.0%
10-14 mins 12.0%
15-19 mins 11.0%
20-29 mins 16.4%
30-44 mins 27.5%
45-59 mins 13.7%
>60 mins 8.1%

MEDIA Demographics

INDUSTRY

Industry % Distribution
Educational Services 13.9%
Financial Industries 7.7%
Health Care & Social Assistance 16.0%
Manufacturing 7.5%
Professional & Scientific Tech Services 12.9%
Retail & Wholesale Trader 9.5%
Other 32.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 26% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 15.7%
15-19 5.5%
20-24 5.2%
25-44 22.5%
45-65 30.2%
66+ 20.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.9%
Construction 6.8%
Healthcare 10.7%
Management, Business, & Financial 29.6%
Natural Resources Maintenance 5.7%
Sales & Office 18.7%
Other 17.5%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.9%
High School 20.4%
Masters Degree 17.1%
Professional 5.2%
Some College 15.1%
Other 35.3%

328 W Fourth St Comps

Sorry, we do not have sufficient data available.

328 W Fourth St, Elwyn, PA 19063 is a single family home of 2,037 sqft. HomeUnion INVESTimateĀ® for 328 W Fourth St includes a Price Estimate of $562,821 and a Rent Estimate of $2,923. This single family home has 4 bedrooms,2 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 6.23% and Total Return of 15.47%. The estimated 1 year forecast in home value for 328 W Fourth St is 2.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , DELAWARE County , or the 19063 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2