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515 Springdale Ave PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $160.95
CONSTRUCTION
- Beds : 2
- Floor Size : 1,452 sqft
- Baths : 2 Full 1 Half
515 Springdale Ave SCHOOLS
Financial Details
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Star City
Neighborhood : Star City
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,191 per month.
MY RENT : $1,191 MEDIAN RENT : $1,179
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 $1,191 would therefore be considered affordable for annual household incomes greater than $47,640 (12 months x 3.333 x $1,191).
HOUSEHOLD INCOME RANGE
Approximately 316 of households in this neighborhood have a total annual income of $47,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,191 per month.
MINIMUM INCOME RANGE : $47,640
COMMUTE TIME DISTRIBUTION
42% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.
Star City Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 6.8% |
| Arts & Entertainment | 10.0% |
| Educational Services | 21.4% |
| Health Care & Social Assistance | 23.8% |
| Manufacturing | 7.5% |
| Retail & Wholesale Trader | 8.9% |
| Other | 21.6% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 31% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 9.8% |
| 15-19 | 2.7% |
| 20-24 | 18.8% |
| 25-44 | 31.3% |
| 45-65 | 22.1% |
| 66+ | 15.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 7.5% |
| Construction | 9.3% |
| Healthcare | 9.7% |
| Management, Business, & Financial | 16.0% |
| Production & Transportation | 10.2% |
| Sales & Office | 24.2% |
| Other | 23.0% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.2% |
| High School | 27.8% |
| Masters Degree | 11.6% |
| Some College | 20.1% |
| Some High School | 9.4% |
| Other | 26.9% |
515 Springdale Ave Comps
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515 Springdale Ave, Star City, WV 26505 is a single family home of 1,452 sqft. HomeUnion INVESTimateĀ® for 515 Springdale Ave includes a Price Estimate of $233,703 and a Rent Estimate of $1,191. This single family home has 2 bedrooms,3 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 6.12% and Total Return of 9.33%. The estimated 1 year forecast in home value for 515 Springdale Ave is 2.09%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , MONONGALIA County , or the 26505 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
