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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

3700 Meadow Ln South Park, PA 15129

2 Beds 1 Baths 1,152 sqft Built 1880
Last updated:  Oct 23, 2019

INVESTimate

$78,527

$70.9K - $86.2K

Price Est.

$1,043

909 - $1.2K

Rent Est.

$80,184  ( +2.11%)   1 YR EST. FORECAST
  
  
  

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3700 Meadow Ln PROPERTY INFO

FACTS
  • Built In 1880
  • Price/Sqft : $68.17
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,152 sqft
  • Baths : 1 Full

3700 Meadow Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SOUTH PARK ELEMENTARY CENTER Primary Regular 702 43 8
SOUTH PARK MIDDLE SCHOOL Middle Regular 633 40 7
SOUTH PARK SENIOR HIGH SCHOOL High Regular 744 47 9

SOUTH PARK ELEMENTARY CENTER

  • Education Level: Primary
  • # of students: 702
  • # of teachers: 43
8
GreatSchools Rating

SOUTH PARK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 633
  • # of teachers: 40
7
GreatSchools Rating

SOUTH PARK SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 744
  • # of teachers: 47
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Jefferson Hills

  • 10,954

    POPULATION
  • 4,340

    HOUSEHOLDS
  • 74.2%

    WHITE COLLAR

Neighborhood : Jefferson Hills

HOUSEHOLDS
4,340
POPULATION

10,954

17.7%Renters
82.3%Home Owners
LABOR FORCE

 

74.2%White Collar
25.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,043 per month.

MY RENT : $1,043 MEDIAN RENT : $1,412

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 4.4%
$900-999 10.3%
$1,000-1,499 39.1%
>=$1,500 46.2%
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 $1,043 would therefore be considered affordable for annual household incomes greater than $41,720 (12 months x 3.333 x $1,043).

Rent % Affordability
Above $500 89.3%
Above $700 83.9%
Above $1,100 72.8%
Above $1,500 62.2%
Above $1,900 50.6%
HOUSEHOLD INCOME RANGE

Approximately 2,923 of households in this neighborhood have a total annual income of $41,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,043 per month.

MINIMUM INCOME RANGE : $41,720

Income % Distribution
<$20K 10.7%
$20K-$35K 10.3%
$35K-$60K 16.8%
$60K-$100K 24.7%
>=$100K 37.6%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 5.8%
10-14 mins 11.0%
15-19 mins 14.5%
20-29 mins 16.7%
30-44 mins 24.9%
45-59 mins 14.8%
>60 mins 10.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,043 per month.

MY RENT : $1,043 MEDIAN RENT : $1,412

Rent % Distribution
$500-699 0.0%
$700-899 4.4%
$900-999 10.3%
$1,000-1,499 39.1%
>=$1,500 46.2%
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 $1,043 would therefore be considered affordable for annual household incomes greater than $41,720 (12 months x 3.333 x $1,043).

Rent % Affordability
Above $500 89.3%
Above $700 83.9%
Above $1,100 72.8%
Above $1,500 62.2%
Above $1,900 50.6%
HOUSEHOLD INCOME RANGE

Approximately 2,923 of households in this neighborhood have a total annual income of $41,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,043 per month.

MINIMUM INCOME RANGE : $41,720

Income % Distribution
<$20K 10.7%
$20K-$35K 10.3%
$35K-$60K 16.8%
$60K-$100K 24.7%
>=$100K 37.6%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 5.8%
10-14 mins 11.0%
15-19 mins 14.5%
20-29 mins 16.7%
30-44 mins 24.9%
45-59 mins 14.8%
>60 mins 10.9%

Jefferson Hills Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.0%
Educational Services 9.0%
Health Care & Social Assistance 17.3%
Manufacturing 9.1%
Professional & Scientific Tech Services 11.2%
Retail & Wholesale Trader 15.9%
Other 30.5%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 17.5%
15-19 6.3%
20-24 4.1%
25-44 22.3%
45-65 31.4%
66+ 18.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.7%
Healthcare 10.1%
Management, Business, & Financial 22.8%
Natural Resources Maintenance 8.0%
Production & Transportation 5.3%
Sales & Office 28.5%
Other 16.4%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.4%
High School 29.7%
Masters Degree 12.4%
Some College 14.5%
Some High School 4.2%
Other 27.8%

3700 Meadow Ln Comps

Sorry, we do not have sufficient data available.

3700 Meadow Ln, South Park, PA 15129 is a single family home of 1,152 sqft. HomeUnion INVESTimateĀ® for 3700 Meadow Ln includes a Price Estimate of $78,527 and a Rent Estimate of $1,043. This single family home has 2 bedrooms,1 bathrooms, and was built in 1880. This property has an estimated 15 year annualized Yield of 15.94% and Total Return of 19.89%. The estimated 1 year forecast in home value for 3700 Meadow Ln is 2.11%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15129 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 15025
  2. 15332
  3. 15301