INVESTimate
$55,109
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586 Knipe Rd PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $128.37
CONSTRUCTION
- Beds : 3
- Floor Size : 1,282 sqft
- Baths : 2 Full
586 Knipe Rd SCHOOLS
Financial Details
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LIBERTY
Neighborhood : LIBERTY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,251 per month.
MY RENT : $1,251 MEDIAN RENT : $1,036
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 $1,251 would therefore be considered affordable for annual household incomes greater than $50,040 (12 months x 3.333 x $1,251).
HOUSEHOLD INCOME RANGE
Approximately 215 of households in this neighborhood have a total annual income of $50,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,251 per month.
MINIMUM INCOME RANGE : $50,040
COMMUTE TIME DISTRIBUTION
57% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
LIBERTY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 9.4% |
Construction | 9.8% |
Educational Services | 8.7% |
Health Care & Social Assistance | 9.8% |
Manufacturing | 12.4% |
Retail & Wholesale Trader | 12.4% |
Other | 37.6% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 35% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 24.6% |
15-19 | 7.1% |
20-24 | 3.5% |
25-44 | 21.4% |
45-65 | 25.4% |
66+ | 18.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 6.8% |
Healthcare | 6.8% |
Management, Business, & Financial | 9.6% |
Natural Resources Maintenance | 17.0% |
Production & Transportation | 19.7% |
Sales & Office | 20.0% |
Other | 20.0% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.6% |
High School | 45.3% |
Masters Degree | 5.0% |
Some College | 17.8% |
Some High School | 7.0% |
Other | 14.3% |
586 Knipe Rd Comps
586 Knipe Rd, Liberty, PA 16930 is a single family home of 1,282 sqft. HomeUnion INVESTimateĀ® for 586 Knipe Rd includes a Price Estimate of $164,564 and a Rent Estimate of $1,251. This single family home has 3 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 9.12% and Total Return of 15.27%. The estimated 1 year forecast in home value for 586 Knipe Rd is 1.63%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LYCOMING County , or the 16930 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2