Financial Details331 Horatio St PROPERTY INFO
FACTS
- Built In 1972
- Price/Sqft : $69.88
CONSTRUCTION
- Beds : 0
- Floor Size : 1,080 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
331 Horatio St, Punxsutawney, PA 15767 is a single family home of 1,080 sqft. HomeUnion estimate for 331 Horatio St includes a Price Estimate of $75,471 and a Rent Estimate of $813. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 12.93% and Total Return of 8.79%. The estimated 1 year forecast in home value for 331 Horatio St is 2.71%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
331 Horatio St SCHOOLS
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Financial Details
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PUNXSUTAWNEY
Neighborhood : PUNXSUTAWNEY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $813 per month.
MY RENT : $813 MEDIAN RENT : $804
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 $813 would therefore be considered affordable for annual household incomes greater than $32,520 (12 months x 3.333 x $813).
HOUSEHOLD INCOME RANGE
Approximately 14,809 of households in this neighborhood have a total annual income of $32,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $813 per month.
MINIMUM INCOME RANGE : $32,520
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.
PUNXSUTAWNEY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 8.9% |
| Construction | 7.7% |
| Educational Services | 7.6% |
| Health Care & Social Assistance | 17.4% |
| Manufacturing | 14.0% |
| Retail & Wholesale Trader | 14.1% |
| Other | 30.3% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.4% |
| 15-19 | 6.1% |
| 20-24 | 5.7% |
| 25-44 | 22.2% |
| 45-65 | 28.4% |
| 66+ | 19.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 4.7% |
| Healthcare | 9.6% |
| Management, Business, & Financial | 10.8% |
| Natural Resources Maintenance | 17.4% |
| Production & Transportation | 25.0% |
| Sales & Office | 19.8% |
| Other | 12.8% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.2% |
| High School | 47.9% |
| Masters Degree | 3.7% |
| Some College | 13.1% |
| Some High School | 13.5% |
| Other | 12.6% |
331 Horatio St Comps
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