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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

497 N Courtland St East Stroudsburg, PA 18301

3 Beds 2 Baths 1,642 sqft Built 1923
Last updated:  Jan 23, 2020

INVESTimate

$146,585

$142K - $151K

Price Est.

$1,319

$1.2K - $1.4K

Rent Est.

$149,561  ( +2.03%)   1 YR EST. FORECAST
  
  
  

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497 N Courtland St PROPERTY INFO

FACTS
  • Built In 1923
  • Price/Sqft : $89.27
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,642 sqft
  • Baths : 1 Full 1 Half

497 N Courtland St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
J M HILL ELEMENTARY SCHOOL Primary Regular 397 29 NA
J T LAMBERT INTERMEDIATE SCHOOL Middle Regular 995 76 NA
EAST STROUDSBURG HIGH SCHOOL SOUTH High Regular 1,494 103 NA

J M HILL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 397
  • # of teachers: 29
-1
GreatSchools Rating

J T LAMBERT INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 995
  • # of teachers: 76
-1
GreatSchools Rating

EAST STROUDSBURG HIGH SCHOOL SOUTH

  • Education Level: High
  • # of students: 1,494
  • # of teachers: 103
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

East Stroudsburg

  • 10,323

    POPULATION
  • 3,157

    HOUSEHOLDS
  • 55.1%

    WHITE COLLAR

Neighborhood : East Stroudsburg

HOUSEHOLDS
3,157
POPULATION

10,323

48.3%Renters
51.7%Home Owners
LABOR FORCE

 

55.1%White Collar
44.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,319 per month.

MY RENT : $1,319 MEDIAN RENT : $1,336

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.8%
$900-999 2.3%
$1,000-1,499 66.3%
>=$1,500 30.6%
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 $1,319 would therefore be considered affordable for annual household incomes greater than $52,760 (12 months x 3.333 x $1,319).

Rent % Affordability
Above $500 73.6%
Above $700 63.4%
Above $1,100 47.6%
Above $1,500 34.5%
Above $1,900 22.8%
HOUSEHOLD INCOME RANGE

Approximately 1,176 of households in this neighborhood have a total annual income of $52,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,319 per month.

MINIMUM INCOME RANGE : $52,760

Income % Distribution
<$20K 26.4%
$20K-$35K 16.7%
$35K-$60K 22.3%
$60K-$100K 24.0%
>=$100K 10.5%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 24.9%
10-14 mins 11.0%
15-19 mins 15.0%
20-29 mins 9.9%
30-44 mins 15.3%
45-59 mins 5.6%
>60 mins 14.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,319 per month.

MY RENT : $1,319 MEDIAN RENT : $1,336

Rent % Distribution
$500-699 0.0%
$700-899 0.8%
$900-999 2.3%
$1,000-1,499 66.3%
>=$1,500 30.6%
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 $1,319 would therefore be considered affordable for annual household incomes greater than $52,760 (12 months x 3.333 x $1,319).

Rent % Affordability
Above $500 73.6%
Above $700 63.4%
Above $1,100 47.6%
Above $1,500 34.5%
Above $1,900 22.8%
HOUSEHOLD INCOME RANGE

Approximately 1,176 of households in this neighborhood have a total annual income of $52,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,319 per month.

MINIMUM INCOME RANGE : $52,760

Income % Distribution
<$20K 26.4%
$20K-$35K 16.7%
$35K-$60K 22.3%
$60K-$100K 24.0%
>=$100K 10.5%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 24.9%
10-14 mins 11.0%
15-19 mins 15.0%
20-29 mins 9.9%
30-44 mins 15.3%
45-59 mins 5.6%
>60 mins 14.5%

East Stroudsburg Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.6%
Arts & Entertainment 16.3%
Educational Services 15.4%
Health Care & Social Assistance 16.6%
Manufacturing 7.3%
Retail & Wholesale Trader 18.8%
Other 19.9%
AGE DISTRIBUTION

37% of the population is between the ages of 25 and 64, 50% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 12.8%
15-19 15.2%
20-24 21.9%
25-44 14.4%
45-65 22.7%
66+ 13.0%
OCCUPATION

Occupation % Distribution
Clean 5.9%
Construction 5.8%
Healthcare 13.1%
Management, Business, & Financial 12.6%
Production & Transportation 17.9%
Sales & Office 19.6%
Other 25.0%
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 5.2%
High School 31.9%
Masters Degree 7.6%
Some College 22.8%
Some High School 14.7%
Other 17.8%

497 N Courtland St Comps

Sorry, we do not have sufficient data available.

497 N Courtland St, East Stroudsburg, PA 18301 is a single family home of 1,642 sqft. HomeUnion INVESTimateĀ® for 497 N Courtland St includes a Price Estimate of $146,585 and a Rent Estimate of $1,319. This single family home has 3 bedrooms,2 bathrooms, and was built in 1923. This property has an estimated 15 year annualized Yield of 10.80% and Total Return of 4.67%. The estimated 1 year forecast in home value for 497 N Courtland St is 2.03%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , MONROE County , or the 18301 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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