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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.

372 Ellis Rd Schellsburg, PA 15559

0 Beds 0 Baths 906 sqft Built 1968
Last updated:  Nov 28, 2019

INVESTimate

$99,339

$92.0K - $107K

Price Est.

$767

646 - 888

Rent Est.

$101,356  ( +2.03%)   1 YR EST. FORECAST

372 Ellis Rd PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $109.65
CONSTRUCTION
  • Beds : 0
  • Floor Size : 906 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
372 Ellis Rd, Schellsburg, PA 15559 is a single family home of 906 sqft. HomeUnion estimate for 372 Ellis Rd includes a Price Estimate of $99,339 and a Rent Estimate of $767. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 9.27% and Total Return of 17.53%. The estimated 1 year forecast in home value for 372 Ellis Rd is 2.03%.
  
  
  

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372 Ellis Rd 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

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Neighborhood

SCHELLSBURG

  • 1,979

    POPULATION
  • 806

    HOUSEHOLDS
  • 45.6%

    WHITE COLLAR

Neighborhood : SCHELLSBURG

HOUSEHOLDS
806
POPULATION

1,979

16.6%Renters
83.4%Home Owners
LABOR FORCE

 

45.6%White Collar
54.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $767 per month.

MY RENT : $767 MEDIAN RENT : $925

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 41.5%
$900-999 32.3%
$1,000-1,499 26.2%
>=$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 $767 would therefore be considered affordable for annual household incomes greater than $30,680 (12 months x 3.333 x $767).

Rent % Affordability
Above $500 82.6%
Above $700 75.2%
Above $1,100 54.1%
Above $1,500 41.1%
Above $1,900 30.0%
HOUSEHOLD INCOME RANGE

Approximately 1,786 of households in this neighborhood have a total annual income of $30,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $767 per month.

MINIMUM INCOME RANGE : $30,680

Income % Distribution
<$20K 17.4%
$20K-$35K 17.1%
$35K-$60K 24.3%
$60K-$100K 28.4%
>=$100K 12.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 3.3%
10-14 mins 9.3%
15-19 mins 21.9%
20-29 mins 27.3%
30-44 mins 18.6%
45-59 mins 8.8%
>60 mins 7.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $767 per month.

MY RENT : $767 MEDIAN RENT : $925

Rent % Distribution
$500-699 0.0%
$700-899 41.5%
$900-999 32.3%
$1,000-1,499 26.2%
>=$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 $767 would therefore be considered affordable for annual household incomes greater than $30,680 (12 months x 3.333 x $767).

Rent % Affordability
Above $500 82.6%
Above $700 75.2%
Above $1,100 54.1%
Above $1,500 41.1%
Above $1,900 30.0%
HOUSEHOLD INCOME RANGE

Approximately 1,786 of households in this neighborhood have a total annual income of $30,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $767 per month.

MINIMUM INCOME RANGE : $30,680

Income % Distribution
<$20K 17.4%
$20K-$35K 17.1%
$35K-$60K 24.3%
$60K-$100K 28.4%
>=$100K 12.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 3.3%
10-14 mins 9.3%
15-19 mins 21.9%
20-29 mins 27.3%
30-44 mins 18.6%
45-59 mins 8.8%
>60 mins 7.5%

SCHELLSBURG Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.8%
Construction 8.8%
Health Care & Social Assistance 15.4%
Manufacturing 16.4%
Retail & Wholesale Trader 11.6%
Transportation 8.0%
Other 30.0%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 22% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 13.8%
15-19 5.3%
20-24 3.0%
25-44 21.7%
45-65 34.5%
66+ 21.7%
OCCUPATION

Occupation % Distribution
Education 5.6%
Healthcare 7.8%
Management, Business, & Financial 11.1%
Natural Resources Maintenance 12.6%
Production & Transportation 25.1%
Sales & Office 21.1%
Other 16.7%
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 8.2%
High School 51.8%
Masters Degree 4.9%
Some College 15.1%
Some High School 12.1%
Other 7.9%

372 Ellis Rd Comps

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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

Nearest zipcodes within 2 miles

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