1. < Delaware Dr

Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

59 Delaware Dr Damascus, PA 18415

4 Beds 3 Baths 3,485 sqft Built 1990
Last updated:  Nov 28, 2019

INVESTimate

$300,841

$280K - $322K

Price Est.

$2,259

$1.9K - $2.6K

Rent Est.

$91,223

Investment Est.

$331,918  ( +10.33%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 1927 MACONDRAY DRIVE Humble, TX
    • 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units
    AVAILABLE
    • 19.65% GROSS YIELD
    • $7,394 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $95,900
    • $31,164
    • $1,570
  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 4338 KENMORE ROAD Indianapolis, IN
    • 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units
    AVAILABLE
    • 14.13% GROSS YIELD
    • $6,112 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,000
    • $26,685
    • $930
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450

59 Delaware Dr PROPERTY INFO

FACTS
  • Built In 1990
  • Price/Sqft : $86.32
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,485 sqft
  • Baths : 3 Full

59 Delaware Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HONESDALE HIGH SCHOOL High Regular 969 66 8

HONESDALE HIGH SCHOOL

  • Education Level: High
  • # of students: 969
  • # of teachers: 66
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

DAMASCUS

  • 1,072

    POPULATION

  • 496

    HOUSEHOLDS

  • 50.9%

    WHITE COLLAR

Neighborhood : DAMASCUS

HOUSEHOLDS
496
POPULATION

1,072

24.8%Renters
75.2%Home Owners
LABOR FORCE

 

50.9%White Collar
49.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,259 per month.

MY RENT : $2,259 MEDIAN RENT : $1,475

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 4.5%
$1,000-1,499 47.3%
>=$1,500 48.2%
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 $2,259 would therefore be considered affordable for annual household incomes greater than $90,360 (12 months x 3.333 x $2,259).

Rent % Affordability
Above $500 86.5%
Above $700 81.1%
Above $1,100 66.1%
Above $1,500 47.3%
Above $1,900 36.3%
HOUSEHOLD INCOME RANGE

Approximately 91 of households in this neighborhood have a total annual income of $90,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,259 per month.

MINIMUM INCOME RANGE : $90,360

Income % Distribution
<$20K 13.5%
$20K-$35K 13.7%
$35K-$60K 25.5%
$60K-$100K 31.9%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 26% 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 4.1%
5-9 mins 1.1%
10-14 mins 20.7%
15-19 mins 7.2%
20-29 mins 13.5%
30-44 mins 33.2%
45-59 mins 3.9%
>60 mins 16.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,259 per month.

MY RENT : $2,259 MEDIAN RENT : $1,475

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 4.5%
$1,000-1,499 47.3%
>=$1,500 48.2%
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 $2,259 would therefore be considered affordable for annual household incomes greater than $90,360 (12 months x 3.333 x $2,259).

Rent % Affordability
Above $500 86.5%
Above $700 81.1%
Above $1,100 66.1%
Above $1,500 47.3%
Above $1,900 36.3%
HOUSEHOLD INCOME RANGE

Approximately 91 of households in this neighborhood have a total annual income of $90,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,259 per month.

MINIMUM INCOME RANGE : $90,360

Income % Distribution
<$20K 13.5%
$20K-$35K 13.7%
$35K-$60K 25.5%
$60K-$100K 31.9%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 26% 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 4.1%
5-9 mins 1.1%
10-14 mins 20.7%
15-19 mins 7.2%
20-29 mins 13.5%
30-44 mins 33.2%
45-59 mins 3.9%
>60 mins 16.2%
DAMASCUS Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 16.8%
Construction 6.1%
Educational Services 8.6%
Health Care & Social Assistance 10.0%
Professional & Scientific Tech Services 11.5%
Retail & Wholesale Trader 13.1%
Other 33.9%
OCCUPATION

           

Occupation % Distribution
Education 7.5%
Management, Business, & Financial 13.6%
Natural Resources Maintenance 19.7%
Production & Transportation 13.2%
Protect 5.4%
Sales & Office 27.5%
Other 13.2%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 13.9%
15-19 1.9%
20-24 6.7%
25-44 22.2%
45-65 26.3%
66+ 29.0%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 38.6%
Masters Degree 9.4%
Some College 17.0%
Some High School 7.3%
Other 22.7%

DAMASCUS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 16.8%
Construction 6.1%
Educational Services 8.6%
Health Care & Social Assistance 10.0%
Professional & Scientific Tech Services 11.5%
Retail & Wholesale Trader 13.1%
Other 33.9%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 22% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 13.9%
15-19 1.9%
20-24 6.7%
25-44 22.2%
45-65 26.3%
66+ 29.0%
OCCUPATION

Occupation % Distribution
Education 7.5%
Management, Business, & Financial 13.6%
Natural Resources Maintenance 19.7%
Production & Transportation 13.2%
Protect 5.4%
Sales & Office 27.5%
Other 13.2%
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 5.0%
High School 38.6%
Masters Degree 9.4%
Some College 17.0%
Some High School 7.3%
Other 22.7%

59 Delaware Dr Comps

Sorry, we do not have sufficient data available.

59 Delaware Dr, Damascus, PA 18415 is a single family home of 3,485 sqft. HomeUnion INVESTimateĀ® for 59 Delaware Dr includes a Price Estimate of $300,841 and a Rent Estimate of $2,259. This single family home has 4 bedrooms,3 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 9.01% and Total Return of 31.11%. The estimated 1 year forecast in home value for 59 Delaware Dr is 10.33%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , WAYNE County , or the 18415 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Delaware Dr

  1. 104 Delaware Dr
  2. 111 Delaware Dr
  3. 127 Delaware Dr
  4. 136 Delaware Dr
  5. 147 Delaware Dr
  6. 155 Delaware Dr
  7. 160 Delaware Dr
  8. 168 Delaware Dr
  9. 169 Delaware Dr
  10. 172 Delaware Dr
  11. 179 Delaware Dr
  12. 183 Delaware Dr
  13. 41 Delaware Dr
  14. 59 Delaware Dr
  15. 60 Delaware Dr
  16. 80 Delaware Dr

Similar Investment Properties By Bed/Bath within 2 miles

  1. 230 Baker Hill Rd
  2. 62 Steiner Rd
  3. 348 Steiner Rd

Similar Investment Properties By List Price within 2 miles

  1. 80 Delaware Dr
  2. 41 Delaware Dr
  3. 60 Delaware Dr
  4. 155 Delaware Dr
  5. 147 Delaware Dr
  6. 127 Delaware Dr
  7. 318 Cemetery Rd
  8. 199 Marks Rd
  9. 69 Boyce Rd
  10. 38 Boyce Rd
  11. 5 Steiner Rd
  12. 77 Stone House Rd
  13. 841 Callicoon Rd A
  14. 59 Marks Rd
  15. 862 Callicoon Rd
  16. 101 Stone House Rd
  17. 54 Steiner Rd
  18. 251 Baker Hill Rd
  19. 527 Callicoon Rd
  20. 20 Grammies Blvd

Nearest zipcodes within 2 miles

No Zipcodes available
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.