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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

41 Joy Cir Barto, PA 19504

4 Beds 3 Baths 3,796 sqft Built 2012
Last updated:  Jan 23, 2020

INVESTimate

$378,433

$346K - $411K

Price Est.

$2,539

$2.2K - $2.8K

Rent Est.

$376,617  ( -0.48%)   1 YR EST. FORECAST
  
  
  

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41 Joy Cir PROPERTY INFO

FACTS
  • Built In 2012
  • Price/Sqft : $99.69
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,796 sqft
  • Baths : 2 Full 1 Half

41 Joy Cir SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BOYERTOWN AREA SENIOR HIGH SCHOOL High Regular 1,733 107 7

BOYERTOWN AREA SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,733
  • # of teachers: 107
7
GreatSchools Rating
 

Financial Details

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Neighborhood

BARTO

  • 5,047

    POPULATION
  • 1,914

    HOUSEHOLDS
  • 62.7%

    WHITE COLLAR

Neighborhood : BARTO

HOUSEHOLDS
1,914
POPULATION

5,047

12.6%Renters
87.4%Home Owners
LABOR FORCE

 

62.7%White Collar
37.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,539 per month.

MY RENT : $2,539 MEDIAN RENT : $1,704

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 33.6%
>=$1,500 66.3%
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 $2,539 would therefore be considered affordable for annual household incomes greater than $101,560 (12 months x 3.333 x $2,539).

Rent % Affordability
Above $500 94.5%
Above $700 89.8%
Above $1,100 76.1%
Above $1,500 66.3%
Above $1,900 52.4%
HOUSEHOLD INCOME RANGE

Approximately 416 of households in this neighborhood have a total annual income of $101,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,539 per month.

MINIMUM INCOME RANGE : $101,560

Income % Distribution
<$20K 5.5%
$20K-$35K 10.1%
$35K-$60K 18.1%
$60K-$100K 29.7%
>=$100K 36.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 7.7%
10-14 mins 6.8%
15-19 mins 14.7%
20-29 mins 23.6%
30-44 mins 20.6%
45-59 mins 10.3%
>60 mins 13.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,539 per month.

MY RENT : $2,539 MEDIAN RENT : $1,704

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 33.6%
>=$1,500 66.3%
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 $2,539 would therefore be considered affordable for annual household incomes greater than $101,560 (12 months x 3.333 x $2,539).

Rent % Affordability
Above $500 94.5%
Above $700 89.8%
Above $1,100 76.1%
Above $1,500 66.3%
Above $1,900 52.4%
HOUSEHOLD INCOME RANGE

Approximately 416 of households in this neighborhood have a total annual income of $101,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,539 per month.

MINIMUM INCOME RANGE : $101,560

Income % Distribution
<$20K 5.5%
$20K-$35K 10.1%
$35K-$60K 18.1%
$60K-$100K 29.7%
>=$100K 36.6%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 7.7%
10-14 mins 6.8%
15-19 mins 14.7%
20-29 mins 23.6%
30-44 mins 20.6%
45-59 mins 10.3%
>60 mins 13.3%

BARTO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.3%
Construction 8.2%
Educational Services 10.3%
Health Care & Social Assistance 11.6%
Manufacturing 19.4%
Retail & Wholesale Trader 11.4%
Other 31.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 25% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 13.3%
15-19 7.2%
20-24 4.1%
25-44 20.7%
45-65 34.7%
66+ 20.1%
OCCUPATION

Occupation % Distribution
Construction 5.0%
Healthcare 7.1%
Management, Business, & Financial 20.8%
Natural Resources Maintenance 12.1%
Production & Transportation 17.2%
Sales & Office 23.1%
Other 14.7%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.7%
High School 45.0%
Masters Degree 7.0%
Some College 15.9%
Some High School 7.9%
Other 15.5%

41 Joy Cir Comps

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41 Joy Cir, Barto, PA 19504 is a single family home of 3,796 sqft. HomeUnion INVESTimateĀ® for 41 Joy Cir includes a Price Estimate of $378,433 and a Rent Estimate of $2,539. This single family home has 4 bedrooms,3 bathrooms, and was built in 2012. This property has an estimated 15 year annualized Yield of 8.05% and Total Return of 5.67%. The estimated 1 year forecast in home value for 41 Joy Cir is -0.48%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BERKS County , or the 19504 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2