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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

531 Lincoln Ave Heidelberg, PA 15106

2 Beds 1 Baths 893 sqft Built 1946
Last updated:  Oct 23, 2019

INVESTimate

$134,407

$125K - $144K

Price Est.

$1,053

$1.0K - $1.1K

Rent Est.

$140,939  ( +4.86%)   1 YR EST. FORECAST
  
  
  

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531 Lincoln Ave PROPERTY INFO

FACTS
  • Built In 1946
  • Price/Sqft : $150.51
CONSTRUCTION
  • Beds : 2
  • Floor Size : 893 sqft
  • Baths : 1 Full

531 Lincoln Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CHARTIERS VALLEY INTERMEDIATE SCHOOL Primary Regular 731 50 6
CHARTIERS VALLEY MIDDLE SCHOOL Middle Regular 790 60 7
CHARTIERS VALLEY HIGH SCHOOL High Regular 1,135 79 6

CHARTIERS VALLEY INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 731
  • # of teachers: 50
6
GreatSchools Rating

CHARTIERS VALLEY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 790
  • # of teachers: 60
7
GreatSchools Rating

CHARTIERS VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,135
  • # of teachers: 79
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Heidelberg

  • 1,324

    POPULATION
  • 645

    HOUSEHOLDS
  • 62.0%

    WHITE COLLAR

Neighborhood : Heidelberg

HOUSEHOLDS
645
POPULATION

1,324

36.3%Renters
63.7%Home Owners
LABOR FORCE

 

62.0%White Collar
38.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,053 per month.

MY RENT : $1,053 MEDIAN RENT : $1,121

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 6.2%
$900-999 6.9%
$1,000-1,499 79.3%
>=$1,500 7.5%
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 $1,053 would therefore be considered affordable for annual household incomes greater than $42,120 (12 months x 3.333 x $1,053).

Rent % Affordability
Above $500 82.8%
Above $700 75.1%
Above $1,100 52.4%
Above $1,500 32.5%
Above $1,900 18.8%
HOUSEHOLD INCOME RANGE

Approximately 276 of households in this neighborhood have a total annual income of $42,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,053 per month.

MINIMUM INCOME RANGE : $42,120

Income % Distribution
<$20K 17.2%
$20K-$35K 16.3%
$35K-$60K 34.1%
$60K-$100K 23.4%
>=$100K 9.1%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 25% 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 0.8%
5-9 mins 12.1%
10-14 mins 12.5%
15-19 mins 15.5%
20-29 mins 27.9%
30-44 mins 17.8%
45-59 mins 7.8%
>60 mins 5.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,053 per month.

MY RENT : $1,053 MEDIAN RENT : $1,121

Rent % Distribution
$500-699 0.0%
$700-899 6.2%
$900-999 6.9%
$1,000-1,499 79.3%
>=$1,500 7.5%
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 $1,053 would therefore be considered affordable for annual household incomes greater than $42,120 (12 months x 3.333 x $1,053).

Rent % Affordability
Above $500 82.8%
Above $700 75.1%
Above $1,100 52.4%
Above $1,500 32.5%
Above $1,900 18.8%
HOUSEHOLD INCOME RANGE

Approximately 276 of households in this neighborhood have a total annual income of $42,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,053 per month.

MINIMUM INCOME RANGE : $42,120

Income % Distribution
<$20K 17.2%
$20K-$35K 16.3%
$35K-$60K 34.1%
$60K-$100K 23.4%
>=$100K 9.1%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 25% 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 0.8%
5-9 mins 12.1%
10-14 mins 12.5%
15-19 mins 15.5%
20-29 mins 27.9%
30-44 mins 17.8%
45-59 mins 7.8%
>60 mins 5.6%

Heidelberg Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.5%
Construction 10.4%
Health Care & Social Assistance 10.0%
Manufacturing 9.7%
Professional & Scientific Tech Services 10.0%
Retail & Wholesale Trader 17.3%
Other 31.0%
AGE DISTRIBUTION

61% of the population is between the ages of 25 and 64, 21% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 13.3%
15-19 4.2%
20-24 3.8%
25-44 29.4%
45-65 32.1%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.8%
Healthcare 9.8%
Management, Business, & Financial 14.6%
Natural Resources Maintenance 10.2%
Production & Transportation 14.6%
Sales & Office 28.5%
Other 17.5%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.4%
High School 46.1%
Masters Degree 3.5%
Some College 13.4%
Some High School 8.7%
Other 14.9%

531 Lincoln Ave Comps

Sorry, we do not have sufficient data available.

531 Lincoln Ave, Heidelberg, PA 15106 is a single family home of 893 sqft. HomeUnion INVESTimateĀ® for 531 Lincoln Ave includes a Price Estimate of $134,407 and a Rent Estimate of $1,053. This single family home has 2 bedrooms,1 bathrooms, and was built in 1946. This property has an estimated 15 year annualized Yield of 9.40% and Total Return of 17.52%. The estimated 1 year forecast in home value for 531 Lincoln Ave is 4.86%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15106 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

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