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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

598 Rockdale Rd Emlenton, PA 16373

3 Beds 2 Baths 1,945 sqft Built 1860
Last updated:  Nov 28, 2019

INVESTimate

$63,813

$58.7K - $68.9K

Price Est.

$1,013

840 - $1.2K

Rent Est.

$64,043  ( +0.36%)   1 YR EST. FORECAST
  
  
  

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598 Rockdale Rd PROPERTY INFO

FACTS
  • Built In 1860
  • Price/Sqft : $32.81
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,945 sqft
  • Baths : 1 Full 1 Half

598 Rockdale Rd SCHOOLS

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Financial Details

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Neighborhood

EMLENTON

  • 3,571

    POPULATION
  • 1,453

    HOUSEHOLDS
  • 51.8%

    WHITE COLLAR

Neighborhood : EMLENTON

HOUSEHOLDS
1,453
POPULATION

3,571

17.1%Renters
82.9%Home Owners
LABOR FORCE

 

51.8%White Collar
48.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,013 per month.

MY RENT : $1,013 MEDIAN RENT : $835

Rent % Distribution LEVEL
$500-699 7.0%
$700-899 56.5%
$900-999 15.7%
$1,000-1,499 19.1%
>=$1,500 1.7%
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 $1,013 would therefore be considered affordable for annual household incomes greater than $40,520 (12 months x 3.333 x $1,013).

Rent % Affordability
Above $500 85.5%
Above $700 75.2%
Above $1,100 56.7%
Above $1,500 42.9%
Above $1,900 32.2%
HOUSEHOLD INCOME RANGE

Approximately 742 of households in this neighborhood have a total annual income of $40,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,013 per month.

MINIMUM INCOME RANGE : $40,520

Income % Distribution
<$20K 14.5%
$20K-$35K 17.7%
$35K-$60K 24.9%
$60K-$100K 24.6%
>=$100K 18.4%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 10.7%
10-14 mins 11.7%
15-19 mins 9.4%
20-29 mins 21.3%
30-44 mins 25.0%
45-59 mins 8.1%
>60 mins 7.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,013 per month.

MY RENT : $1,013 MEDIAN RENT : $835

Rent % Distribution
$500-699 7.0%
$700-899 56.5%
$900-999 15.7%
$1,000-1,499 19.1%
>=$1,500 1.7%
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 $1,013 would therefore be considered affordable for annual household incomes greater than $40,520 (12 months x 3.333 x $1,013).

Rent % Affordability
Above $500 85.5%
Above $700 75.2%
Above $1,100 56.7%
Above $1,500 42.9%
Above $1,900 32.2%
HOUSEHOLD INCOME RANGE

Approximately 742 of households in this neighborhood have a total annual income of $40,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,013 per month.

MINIMUM INCOME RANGE : $40,520

Income % Distribution
<$20K 14.5%
$20K-$35K 17.7%
$35K-$60K 24.9%
$60K-$100K 24.6%
>=$100K 18.4%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 10.7%
10-14 mins 11.7%
15-19 mins 9.4%
20-29 mins 21.3%
30-44 mins 25.0%
45-59 mins 8.1%
>60 mins 7.6%

EMLENTON Demographics

INDUSTRY

Industry % Distribution
Construction 7.1%
Educational Services 7.4%
Health Care & Social Assistance 12.1%
Manufacturing 19.6%
Retail & Wholesale Trader 13.4%
Transportation 8.1%
Other 32.2%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 27% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.0%
15-19 5.5%
20-24 4.8%
25-44 21.3%
45-65 32.1%
66+ 19.4%
OCCUPATION

Occupation % Distribution
Construction 3.9%
Healthcare 6.1%
Management, Business, & Financial 15.1%
Natural Resources Maintenance 13.2%
Production & Transportation 23.7%
Sales & Office 21.8%
Other 16.3%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.6%
High School 45.1%
Masters Degree 5.3%
Some College 17.5%
Some High School 10.1%
Other 13.3%

598 Rockdale Rd Comps

Sorry, we do not have sufficient data available.

598 Rockdale Rd, Emlenton, PA 16373 is a single family home of 1,945 sqft. HomeUnion INVESTimateĀ® for 598 Rockdale Rd includes a Price Estimate of $63,813 and a Rent Estimate of $1,013. This single family home has 3 bedrooms,2 bathrooms, and was built in 1860. This property has an estimated 15 year annualized Yield of 19.05% and Total Return of 27.26%. The estimated 1 year forecast in home value for 598 Rockdale Rd is 0.36%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , VENANGO County , or the 16373 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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