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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

3849 Long Run Rd Lehighton, PA 18235

2 Beds 1 Baths 1,200 sqft Built 1975
Last updated:  Jan 23, 2020

INVESTimate

$206,491

$195K - $218K

Price Est.

$962

882 - $1.0K

Rent Est.

$207,771  ( +0.62%)   1 YR EST. FORECAST
  
  
  

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3849 Long Run Rd PROPERTY INFO

FACTS
  • Built In 1975
  • Price/Sqft : $172.08
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,200 sqft
  • Baths : 1 Full

3849 Long Run Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LEHIGHTON AREA HIGH SCHOOL High Regular 726 50 6

LEHIGHTON AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 726
  • # of teachers: 50
6
GreatSchools Rating
 

Financial Details

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Neighborhood

LEHIGHTON

  • 18,950

    POPULATION
  • 7,716

    HOUSEHOLDS
  • 52.7%

    WHITE COLLAR

Neighborhood : LEHIGHTON

HOUSEHOLDS
7,716
POPULATION

18,950

21.5%Renters
78.5%Home Owners
LABOR FORCE

 

52.7%White Collar
47.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $962 per month.

MY RENT : $962 MEDIAN RENT : $1,038

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.8%
$900-999 31.4%
$1,000-1,499 51.7%
>=$1,500 9.2%
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 $962 would therefore be considered affordable for annual household incomes greater than $38,480 (12 months x 3.333 x $962).

Rent % Affordability
Above $500 84.1%
Above $700 76.3%
Above $1,100 60.4%
Above $1,500 44.2%
Above $1,900 31.4%
HOUSEHOLD INCOME RANGE

Approximately 4,112 of households in this neighborhood have a total annual income of $38,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $962 per month.

MINIMUM INCOME RANGE : $38,480

Income % Distribution
<$20K 15.9%
$20K-$35K 14.7%
$35K-$60K 25.2%
$60K-$100K 28.2%
>=$100K 16.0%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 9.8%
10-14 mins 10.8%
15-19 mins 10.9%
20-29 mins 13.4%
30-44 mins 21.3%
45-59 mins 17.3%
>60 mins 13.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $962 per month.

MY RENT : $962 MEDIAN RENT : $1,038

Rent % Distribution
$500-699 0.0%
$700-899 7.8%
$900-999 31.4%
$1,000-1,499 51.7%
>=$1,500 9.2%
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 $962 would therefore be considered affordable for annual household incomes greater than $38,480 (12 months x 3.333 x $962).

Rent % Affordability
Above $500 84.1%
Above $700 76.3%
Above $1,100 60.4%
Above $1,500 44.2%
Above $1,900 31.4%
HOUSEHOLD INCOME RANGE

Approximately 4,112 of households in this neighborhood have a total annual income of $38,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $962 per month.

MINIMUM INCOME RANGE : $38,480

Income % Distribution
<$20K 15.9%
$20K-$35K 14.7%
$35K-$60K 25.2%
$60K-$100K 28.2%
>=$100K 16.0%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.3%
5-9 mins 9.8%
10-14 mins 10.8%
15-19 mins 10.9%
20-29 mins 13.4%
30-44 mins 21.3%
45-59 mins 17.3%
>60 mins 13.1%

LEHIGHTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.8%
Construction 6.9%
Health Care & Social Assistance 16.5%
Manufacturing 13.3%
Retail & Wholesale Trader 17.6%
Transportation 7.1%
Other 30.7%
AGE DISTRIBUTION

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

Age % Distribution
<15 15.1%
15-19 4.5%
20-24 4.2%
25-44 22.5%
45-65 32.2%
66+ 21.5%
OCCUPATION

Occupation % Distribution
Construction 3.8%
Healthcare 11.3%
Management, Business, & Financial 10.2%
Natural Resources Maintenance 13.8%
Production & Transportation 22.8%
Sales & Office 25.1%
Other 13.1%
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 10.8%
High School 47.5%
Masters Degree 3.8%
Some College 14.0%
Some High School 12.3%
Other 11.6%

3849 Long Run Rd Comps

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3849 Long Run Rd, Lehighton, PA 18235 is a single family home of 1,200 sqft. HomeUnion INVESTimateĀ® for 3849 Long Run Rd includes a Price Estimate of $206,491 and a Rent Estimate of $962. This single family home has 2 bedrooms,1 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 5.59% and Total Return of -3.90%. The estimated 1 year forecast in home value for 3849 Long Run Rd is 0.62%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , CARBON County , or the 18235 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 18211
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  5. 18210
  6. 18071