Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

3715 Pitt St Schellsburg, PA 15559

0 Beds 0 Baths 2,086 sqft Built 1905
Last updated:  Nov 28, 2019

INVESTimate

$71,394

$66.1K - $76.7K

Price Est.

$922

764 - $1.1K

Rent Est.

$72,843  ( +2.03%)   1 YR EST. FORECAST
  
  
  

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

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450
  • 1141 North Shadeland Avenue Indianapolis, IN
    • 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units
    AVAILABLE
    • 13.78% GROSS YIELD
    • $6,875 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $94,900
    • $30,898
    • $1,090
  • 1810 Ashborough Rd Apt E Marietta, GA
    • 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1973 3 beds 2 baths ∙ 1,296 Sqft ∙ Built 1973
    AVAILABLE
    • 13.55% GROSS YIELD
    • $5,993 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,400

3715 Pitt St PROPERTY INFO

FACTS
  • Built In 1905
  • Price/Sqft : $34.23
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,086 sqft
  • Baths : 0 Full

3715 Pitt St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NEW PARIS CENTER ELEMENTARY SCHOOL Primary Regular 242 15 6

NEW PARIS CENTER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 242
  • # of teachers: 15
6
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

SCHELLSBURG

  • 1,932

    POPULATION
  • 786

    HOUSEHOLDS
  • 47.0%

    WHITE COLLAR

Neighborhood : SCHELLSBURG

HOUSEHOLDS
786
POPULATION

1,932

18.1%Renters
81.9%Home Owners
LABOR FORCE

 

47.0%White Collar
53.0%Blue Collar
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 $922 per month.

MY RENT : $922 MEDIAN RENT : $929

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 39.9%
$900-999 33.3%
$1,000-1,499 26.7%
>=$1,500 0.0%
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 $922 would therefore be considered affordable for annual household incomes greater than $36,880 (12 months x 3.333 x $922).

Rent % Affordability
Above $500 83.4%
Above $700 76.0%
Above $1,100 55.5%
Above $1,500 43.6%
Above $1,900 30.7%
HOUSEHOLD INCOME RANGE

Approximately 410 of households in this neighborhood have a total annual income of $36,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $922 per month.

MINIMUM INCOME RANGE : $36,880

Income % Distribution
<$20K 16.6%
$20K-$35K 17.3%
$35K-$60K 22.5%
$60K-$100K 27.6%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 15% 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 2.8%
5-9 mins 2.5%
10-14 mins 10.0%
15-19 mins 22.4%
20-29 mins 26.2%
30-44 mins 16.8%
45-59 mins 10.0%
>60 mins 9.2%
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 $922 per month.

MY RENT : $922 MEDIAN RENT : $929

Rent % Distribution
$500-699 0.0%
$700-899 39.9%
$900-999 33.3%
$1,000-1,499 26.7%
>=$1,500 0.0%
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 $922 would therefore be considered affordable for annual household incomes greater than $36,880 (12 months x 3.333 x $922).

Rent % Affordability
Above $500 83.4%
Above $700 76.0%
Above $1,100 55.5%
Above $1,500 43.6%
Above $1,900 30.7%
HOUSEHOLD INCOME RANGE

Approximately 410 of households in this neighborhood have a total annual income of $36,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $922 per month.

MINIMUM INCOME RANGE : $36,880

Income % Distribution
<$20K 16.6%
$20K-$35K 17.3%
$35K-$60K 22.5%
$60K-$100K 27.6%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 15% 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 2.8%
5-9 mins 2.5%
10-14 mins 10.0%
15-19 mins 22.4%
20-29 mins 26.2%
30-44 mins 16.8%
45-59 mins 10.0%
>60 mins 9.2%

SCHELLSBURG Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Construction 9.3%
Health Care & Social Assistance 15.3%
Manufacturing 15.5%
Retail & Wholesale Trader 10.8%
Transportation 8.9%
Other 30.6%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 23% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.2%
15-19 5.3%
20-24 3.9%
25-44 21.0%
45-65 34.3%
66+ 21.3%
OCCUPATION

Occupation % Distribution
Education 5.8%
Healthcare 8.3%
Management, Business, & Financial 11.6%
Natural Resources Maintenance 12.4%
Production & Transportation 23.0%
Sales & Office 21.4%
Other 17.5%
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 8.8%
High School 53.4%
Masters Degree 4.5%
Some College 13.5%
Some High School 12.4%
Other 7.5%

3715 Pitt St Comps

Sorry, we do not have sufficient data available.

3715 Pitt St, Schellsburg, PA 15559 is a single family home of 2,086 sqft. HomeUnion INVESTimateĀ® for 3715 Pitt St includes a Price Estimate of $71,394 and a Rent Estimate of $922. This single family home has 0 bedrooms,0 bathrooms, and was built in 1905. This property has an estimated 15 year annualized Yield of 15.50% and Total Return of 25.46%. The estimated 1 year forecast in home value for 3715 Pitt St is 2.03%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BEDFORD County , or the 15559 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By List Price within 2 miles

  1. 116 Maple Ln
  2. 279 Ponderosa Rd

Nearest zipcodes within 2 miles

  1. 15537
  2. 16650
  3. 15522
  4. 15554