1. < Morningside Ave

Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

34 Morningside Ave Cleona, PA 17042

0 Beds 2 Baths 1,322 sqft Built 1925
Last updated:  Jan 23, 2020

INVESTimate

$160,036

$154K - $166K

Price Est.

$898

834 - 962

Rent Est.

$53,910

Investment Est.

$162,661  ( +1.64%)   1 YR EST. FORECAST

34 Morningside Ave PROPERTY INFO

FACTS
  • Built In 1925
  • Price/Sqft : $121.06
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,322 sqft
  • Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
34 Morningside Ave, Cleona, PA 17042 is a single family home of 1,322 sqft. HomeUnion estimate for 34 Morningside Ave includes a Price Estimate of $160,036 and a Rent Estimate of $898. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1925. This property has an estimated 15 year annualized Yield of 6.73% and Total Return of 11.66%. The estimated 1 year forecast in home value for 34 Morningside Ave is 1.64%.

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $169,900
    • $50,774
    • $1,980
  • 6830 AGUA CALIENTES San Antonio, TX
    • 3 beds 2 baths ∙ 1,666 Sqft ∙ Built 1979 ∙ 1units 3 beds 2 baths ∙ 1,666 Sqft ∙ Built 1979 ∙ 1units
    AVAILABLE
    • 12.80% GROSS YIELD
    • $6,808 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,280
  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 3622 MIDDLEFIELD ROAD Dallas, TX
    • 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2001 ∙ 1units 3 beds 2 baths ∙ 1,450 Sqft ∙ Built 2001 ∙ 1units
    AVAILABLE
    • 12.43% GROSS YIELD
    • $8,343 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $139,000
    • $42,585
    • $1,440

34 Morningside Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CLEONA ELEMENTARY SCHOOL Primary Regular 302 16 NA

CLEONA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 302
  • # of teachers: 16
0
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

LEBANON

  • 38,320

    POPULATION

  • 14,830

    HOUSEHOLDS

  • 56.7%

    WHITE COLLAR

Neighborhood : LEBANON

HOUSEHOLDS
14,830
POPULATION

38,320

33.3%Renters
66.7%Home Owners
LABOR FORCE

 

56.7%White Collar
43.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $898 per month.

MY RENT : $898 MEDIAN RENT : $1,061

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 21.9%
$900-999 19.5%
$1,000-1,499 40.9%
>=$1,500 17.6%
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 $898 would therefore be considered affordable for annual household incomes greater than $35,920 (12 months x 3.333 x $898).

Rent % Affordability
Above $500 88.0%
Above $700 80.8%
Above $1,100 65.4%
Above $1,500 50.3%
Above $1,900 37.7%
HOUSEHOLD INCOME RANGE

Approximately 8,853 of households in this neighborhood have a total annual income of $35,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $898 per month.

MINIMUM INCOME RANGE : $35,920

Income % Distribution
<$20K 12.0%
$20K-$35K 14.2%
$35K-$60K 23.5%
$60K-$100K 28.0%
>=$100K 22.3%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 15.2%
10-14 mins 19.7%
15-19 mins 13.5%
20-29 mins 16.0%
30-44 mins 18.8%
45-59 mins 7.3%
>60 mins 4.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $898 per month.

MY RENT : $898 MEDIAN RENT : $1,061

Rent % Distribution
$500-699 0.0%
$700-899 21.9%
$900-999 19.5%
$1,000-1,499 40.9%
>=$1,500 17.6%
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 $898 would therefore be considered affordable for annual household incomes greater than $35,920 (12 months x 3.333 x $898).

Rent % Affordability
Above $500 88.0%
Above $700 80.8%
Above $1,100 65.4%
Above $1,500 50.3%
Above $1,900 37.7%
HOUSEHOLD INCOME RANGE

Approximately 8,853 of households in this neighborhood have a total annual income of $35,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $898 per month.

MINIMUM INCOME RANGE : $35,920

Income % Distribution
<$20K 12.0%
$20K-$35K 14.2%
$35K-$60K 23.5%
$60K-$100K 28.0%
>=$100K 22.3%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 15.2%
10-14 mins 19.7%
15-19 mins 13.5%
20-29 mins 16.0%
30-44 mins 18.8%
45-59 mins 7.3%
>60 mins 4.0%
LEBANON Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 9.6%
Educational Services 8.5%
Health Care & Social Assistance 18.6%
Manufacturing 15.2%
Retail & Wholesale Trader 14.5%
Transportation 5.2%
Other 28.5%
OCCUPATION

           

Occupation % Distribution
Construction 5.1%
Healthcare 10.1%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 8.5%
Production & Transportation 18.1%
Sales & Office 21.5%
Other 21.4%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 17.5%
15-19 5.6%
20-24 5.7%
25-44 22.8%
45-65 28.3%
66+ 20.0%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorâ??s degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 42.4%
Masters Degree 6.6%
Some College 16.2%
Some High School 10.7%
Other 17.3%

LEBANON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Educational Services 8.5%
Health Care & Social Assistance 18.6%
Manufacturing 15.2%
Retail & Wholesale Trader 14.5%
Transportation 5.2%
Other 28.5%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 17.5%
15-19 5.6%
20-24 5.7%
25-44 22.8%
45-65 28.3%
66+ 20.0%
OCCUPATION

Occupation % Distribution
Construction 5.1%
Healthcare 10.1%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 8.5%
Production & Transportation 18.1%
Sales & Office 21.5%
Other 21.4%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 42.4%
Masters Degree 6.6%
Some College 16.2%
Some High School 10.7%
Other 17.3%

34 Morningside Ave Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LEBANON County , or the 17042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Morningside Ave

  1. 17 Morningside Ave
  2. 24 Morningside Ave
  3. 27 Morningside Ave
  4. 31 Morningside Ave
  5. 32 Morningside Ave
  6. 34 Morningside Ave
  7. 37 Morningside Ave
  8. 43 Morningside Ave
  9. 44 Morningside Ave
  10. 49 Morningside Ave
  11. 50 Morningside Ave
  12. 56 Morningside Ave
  13. 57 Morningside Ave
  14. 58 Morningside Ave

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

  1. 44 Morningside Ave
  2. 24 Morningside Ave
  3. 37 Morningside Ave
  4. 17 Morningside Ave
  5. 58 Morningside Ave
  6. 57 Morningside Ave
  7. 34 Willow Ave
  8. 22 Willow Ave
  9. 801 E Pine St
  10. 31 Willow Ave
  11. 25 Willow Ave
  12. 21 Willow Ave
  13. 43 Willow Ave
  14. 55 Willow Ave
  15. 41 Rosemont Ave
  16. 49 Rosemont Ave
  17. 55 Rosemont Ave
  18. 556 E Maple St
  19. 555 E Maple St
  20. 555 E Pine St

Nearest zipcodes within 2 miles

  1. 17046
  2. 17003
  3. 17517
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.