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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

604 Palmer Rd Adah, PA 15410

2 Beds 1 Baths 896 sqft Built 1900
Last updated:  Jan 23, 2020

INVESTimate

$124,053

$116K - $132K

Price Est.

$946

796 - $1.1K

Rent Est.

$126,683  ( +2.12%)   1 YR EST. FORECAST
  
  
  

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604 Palmer Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $138.45
CONSTRUCTION
  • Beds : 2
  • Floor Size : 896 sqft
  • Baths : 1 Full

604 Palmer Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ALBERT GALLATIN AREA SHS High Regular 1,090 68 3

ALBERT GALLATIN AREA SHS

  • Education Level: High
  • # of students: 1,090
  • # of teachers: 68
3
GreatSchools Rating
 

Financial Details

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Neighborhood

ADAH

  • 952

    POPULATION
  • 387

    HOUSEHOLDS
  • 54.6%

    WHITE COLLAR

Neighborhood : ADAH

HOUSEHOLDS
387
POPULATION

952

13.0%Renters
87.0%Home Owners
LABOR FORCE

 

54.6%White Collar
45.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $946 per month.

MY RENT : $946 MEDIAN RENT : $961

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 35.5%
$900-999 24.8%
$1,000-1,499 37.9%
>=$1,500 1.8%
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 $946 would therefore be considered affordable for annual household incomes greater than $37,840 (12 months x 3.333 x $946).

Rent % Affordability
Above $500 77.3%
Above $700 68.9%
Above $1,100 52.6%
Above $1,500 42.8%
Above $1,900 35.8%
HOUSEHOLD INCOME RANGE

Approximately 186 of households in this neighborhood have a total annual income of $37,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $946 per month.

MINIMUM INCOME RANGE : $37,840

Income % Distribution
<$20K 22.7%
$20K-$35K 20.4%
$35K-$60K 14.2%
$60K-$100K 26.8%
>=$100K 16.0%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 6.2%
10-14 mins 18.9%
15-19 mins 11.9%
20-29 mins 14.6%
30-44 mins 29.4%
45-59 mins 15.4%
>60 mins 3.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $946 per month.

MY RENT : $946 MEDIAN RENT : $961

Rent % Distribution
$500-699 0.0%
$700-899 35.5%
$900-999 24.8%
$1,000-1,499 37.9%
>=$1,500 1.8%
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 $946 would therefore be considered affordable for annual household incomes greater than $37,840 (12 months x 3.333 x $946).

Rent % Affordability
Above $500 77.3%
Above $700 68.9%
Above $1,100 52.6%
Above $1,500 42.8%
Above $1,900 35.8%
HOUSEHOLD INCOME RANGE

Approximately 186 of households in this neighborhood have a total annual income of $37,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $946 per month.

MINIMUM INCOME RANGE : $37,840

Income % Distribution
<$20K 22.7%
$20K-$35K 20.4%
$35K-$60K 14.2%
$60K-$100K 26.8%
>=$100K 16.0%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.8%
5-9 mins 6.2%
10-14 mins 18.9%
15-19 mins 11.9%
20-29 mins 14.6%
30-44 mins 29.4%
45-59 mins 15.4%
>60 mins 3.0%

ADAH Demographics

INDUSTRY

Industry % Distribution
Construction 9.3%
Educational Services 12.2%
Health Care & Social Assistance 14.1%
Manufacturing 13.8%
Retail & Wholesale Trader 18.8%
Transportation 9.8%
Other 22.0%
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 20.5%
15-19 2.6%
20-24 4.3%
25-44 26.6%
45-65 26.9%
66+ 19.1%
OCCUPATION

Occupation % Distribution
Clean 8.0%
Healthcare 15.0%
Management, Business, & Financial 10.1%
Natural Resources Maintenance 9.2%
Production & Transportation 21.8%
Sales & Office 22.1%
Other 13.8%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 47.5%
Masters Degree 6.1%
Some College 17.4%
Some High School 11.4%
Other 10.2%

604 Palmer Rd Comps

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604 Palmer Rd, Adah, PA 15410 is a single family home of 896 sqft. HomeUnion INVESTimateĀ® for 604 Palmer Rd includes a Price Estimate of $124,053 and a Rent Estimate of $946. This single family home has 2 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 9.15% and Total Return of 14.06%. The estimated 1 year forecast in home value for 604 Palmer Rd is 2.12%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , FAYETTE County , or the 15410 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 15458