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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

505 Water St Ulysses, PA 16948

0 Beds 0 Baths 1,568 sqft Built 1992
Last updated:  Jan 23, 2020

INVESTimate

$91,799

$88.9K - $94.7K

Price Est.

$899

757 - $1.0K

Rent Est.

$94,883  ( +3.36%)   1 YR EST. FORECAST
  
  
  

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505 Water St PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $58.55
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,568 sqft
  • Baths : 0 Full

505 Water St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORTHERN POTTER CHILDRENS SCHOOL Primary Regular 301 20 5
NORTHERN POTTER CHILDRENS SCHOOL Middle Regular 301 20 5
NORTHERN POTTER SENIOR HIGH SCHOOL High Regular 276 24 4

NORTHERN POTTER CHILDRENS SCHOOL

  • Education Level: Primary
  • # of students: 301
  • # of teachers: 20
5
GreatSchools Rating

NORTHERN POTTER CHILDRENS SCHOOL

  • Education Level: Middle
  • # of students: 301
  • # of teachers: 20
5
GreatSchools Rating

NORTHERN POTTER SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 276
  • # of teachers: 24
4
GreatSchools Rating
 

Financial Details

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Neighborhood

ULYSSES

  • 1,689

    POPULATION
  • 621

    HOUSEHOLDS
  • 40.4%

    WHITE COLLAR

Neighborhood : ULYSSES

HOUSEHOLDS
621
POPULATION

1,689

21.9%Renters
78.1%Home Owners
LABOR FORCE

 

40.4%White Collar
59.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $899 per month.

MY RENT : $899 MEDIAN RENT : $805

Rent % Distribution LEVEL
$500-699 3.7%
$700-899 80.1%
$900-999 11.9%
$1,000-1,499 4.0%
>=$1,500 0.2%
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 $899 would therefore be considered affordable for annual household incomes greater than $35,960 (12 months x 3.333 x $899).

Rent % Affordability
Above $500 76.6%
Above $700 64.2%
Above $1,100 46.7%
Above $1,500 29.0%
Above $1,900 17.2%
HOUSEHOLD INCOME RANGE

Approximately 249 of households in this neighborhood have a total annual income of $35,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $899 per month.

MINIMUM INCOME RANGE : $35,960

Income % Distribution
<$20K 23.4%
$20K-$35K 19.7%
$35K-$60K 27.9%
$60K-$100K 20.5%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.8%
5-9 mins 9.7%
10-14 mins 9.0%
15-19 mins 12.2%
20-29 mins 23.3%
30-44 mins 22.4%
45-59 mins 6.1%
>60 mins 6.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $899 per month.

MY RENT : $899 MEDIAN RENT : $805

Rent % Distribution
$500-699 3.7%
$700-899 80.1%
$900-999 11.9%
$1,000-1,499 4.0%
>=$1,500 0.2%
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 $899 would therefore be considered affordable for annual household incomes greater than $35,960 (12 months x 3.333 x $899).

Rent % Affordability
Above $500 76.6%
Above $700 64.2%
Above $1,100 46.7%
Above $1,500 29.0%
Above $1,900 17.2%
HOUSEHOLD INCOME RANGE

Approximately 249 of households in this neighborhood have a total annual income of $35,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $899 per month.

MINIMUM INCOME RANGE : $35,960

Income % Distribution
<$20K 23.4%
$20K-$35K 19.7%
$35K-$60K 27.9%
$60K-$100K 20.5%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.8%
5-9 mins 9.7%
10-14 mins 9.0%
15-19 mins 12.2%
20-29 mins 23.3%
30-44 mins 22.4%
45-59 mins 6.1%
>60 mins 6.6%

ULYSSES Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.8%
Construction 10.4%
Health Care & Social Assistance 13.3%
Manufacturing 17.4%
Retail & Wholesale Trader 11.1%
Transportation 8.7%
Other 29.4%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 18.8%
15-19 6.2%
20-24 8.2%
25-44 17.1%
45-65 29.1%
66+ 20.7%
OCCUPATION

Occupation % Distribution
Clean 4.9%
Management, Business, & Financial 11.6%
Natural Resources Maintenance 15.1%
PCare 7.0%
Production & Transportation 30.2%
Sales & Office 16.7%
Other 14.4%
HIGHEST EDUCATION LEVEL

13% 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 46.4%
Masters Degree 4.4%
Some College 15.6%
Some High School 17.3%
Other 8.1%

505 Water St Comps

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505 Water St, Ulysses, PA 16948 is a single family home of 1,568 sqft. HomeUnion INVESTimateĀ® for 505 Water St includes a Price Estimate of $91,799 and a Rent Estimate of $899. This single family home has 0 bedrooms,0 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 11.75% and Total Return of 18.92%. The estimated 1 year forecast in home value for 505 Water St is 3.36%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , POTTER County , or the 16948 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 16748
  2. 16915