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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

439 2nd St Lamberton, PA 15458

4 Beds 1 Baths 1,920 sqft Built 1905
Last updated:  Jan 23, 2020

INVESTimate

$176,062

$164K - $188K

Price Est.

$1,090

903 - $1.3K

Rent Est.

$179,795  ( +2.12%)   1 YR EST. FORECAST
  
  
  

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439 2nd St PROPERTY INFO

FACTS
  • Built In 1905
  • Price/Sqft : $91.70
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,920 sqft
  • Baths : 1 Full

439 2nd St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ALBERT GALLATIN AREA SHS High Regular 1,090 68 3

ALBERT GALLATIN AREA SHS

  • Education Level: High
  • # of students: 1,090
  • # of teachers: 68
3
GreatSchools Rating
 

Financial Details

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Neighborhood

MC CLELLANDTOWN

  • 2,486

    POPULATION
  • 1,052

    HOUSEHOLDS
  • 56.2%

    WHITE COLLAR

Neighborhood : MC CLELLANDTOWN

HOUSEHOLDS
1,052
POPULATION

2,486

15.2%Renters
84.8%Home Owners
LABOR FORCE

 

56.2%White Collar
43.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,090 per month.

MY RENT : $1,090 MEDIAN RENT : $981

Rent % Distribution LEVEL
$500-699 0.1%
$700-899 29.5%
$900-999 26.1%
$1,000-1,499 41.0%
>=$1,500 3.3%
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 $1,090 would therefore be considered affordable for annual household incomes greater than $43,600 (12 months x 3.333 x $1,090).

Rent % Affordability
Above $500 68.2%
Above $700 57.4%
Above $1,100 40.2%
Above $1,500 31.4%
Above $1,900 25.3%
HOUSEHOLD INCOME RANGE

Approximately 371 of households in this neighborhood have a total annual income of $43,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,090 per month.

MINIMUM INCOME RANGE : $43,600

Income % Distribution
<$20K 31.8%
$20K-$35K 22.5%
$35K-$60K 14.3%
$60K-$100K 20.0%
>=$100K 11.4%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 4.0%
10-14 mins 28.1%
15-19 mins 16.4%
20-29 mins 16.9%
30-44 mins 17.3%
45-59 mins 11.4%
>60 mins 5.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,090 per month.

MY RENT : $1,090 MEDIAN RENT : $981

Rent % Distribution
$500-699 0.1%
$700-899 29.5%
$900-999 26.1%
$1,000-1,499 41.0%
>=$1,500 3.3%
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 $1,090 would therefore be considered affordable for annual household incomes greater than $43,600 (12 months x 3.333 x $1,090).

Rent % Affordability
Above $500 68.2%
Above $700 57.4%
Above $1,100 40.2%
Above $1,500 31.4%
Above $1,900 25.3%
HOUSEHOLD INCOME RANGE

Approximately 371 of households in this neighborhood have a total annual income of $43,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,090 per month.

MINIMUM INCOME RANGE : $43,600

Income % Distribution
<$20K 31.8%
$20K-$35K 22.5%
$35K-$60K 14.3%
$60K-$100K 20.0%
>=$100K 11.4%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 4.0%
10-14 mins 28.1%
15-19 mins 16.4%
20-29 mins 16.9%
30-44 mins 17.3%
45-59 mins 11.4%
>60 mins 5.3%

MC CLELLANDTOWN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.5%
Construction 7.6%
Educational Services 13.0%
Health Care & Social Assistance 19.9%
Manufacturing 9.2%
Retail & Wholesale Trader 13.1%
Other 24.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.3%
15-19 5.7%
20-24 6.1%
25-44 21.3%
45-65 30.6%
66+ 19.1%
OCCUPATION

Occupation % Distribution
Clean 13.7%
Healthcare 18.0%
Management, Business, & Financial 8.5%
Natural Resources Maintenance 6.0%
Production & Transportation 17.7%
Sales & Office 19.5%
Other 16.5%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.1%
High School 51.1%
Masters Degree 4.7%
Some College 12.4%
Some High School 15.7%
Other 7.0%

439 2nd St Comps

Sorry, we do not have sufficient data available.

439 2nd St, Lamberton, PA 15458 is a single family home of 1,920 sqft. HomeUnion INVESTimateĀ® for 439 2nd St includes a Price Estimate of $176,062 and a Rent Estimate of $1,090. This single family home has 4 bedrooms,1 bathrooms, and was built in 1905. This property has an estimated 15 year annualized Yield of 7.43% and Total Return of 15.26%. The estimated 1 year forecast in home value for 439 2nd St is 2.12%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , FAYETTE County , or the 15458 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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