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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

605 Hummel Ave Lemoyne, PA 17043

3 Beds 2 Baths 1,760 sqft Built 1905
Last updated:  Nov 28, 2019

INVESTimate

$86,141

$73.4K - $98.9K

Price Est.

$1,084

$1.0K - $1.2K

Rent Est.

$87,321  ( +1.37%)   1 YR EST. FORECAST
  
  
  

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605 Hummel Ave PROPERTY INFO

FACTS
  • Built In 1905
  • Price/Sqft : $48.94
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,760 sqft
  • Baths : 1 Full 1 Half

605 Hummel Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WASHINGTON HEIGHTS ELEMENTARY SCHOOL Primary Regular 360 26 5
NEW CUMBERLAND MIDDLE SCHOOL Middle Regular 373 34 5
CEDAR CLIFF HIGH SCHOOL High Regular 1,275 88 6

WASHINGTON HEIGHTS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 360
  • # of teachers: 26
5
GreatSchools Rating

NEW CUMBERLAND MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 373
  • # of teachers: 34
5
GreatSchools Rating

CEDAR CLIFF HIGH SCHOOL

  • Education Level: High
  • # of students: 1,275
  • # of teachers: 88
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Lemoyne

  • 4,630

    POPULATION
  • 2,155

    HOUSEHOLDS
  • 67.4%

    WHITE COLLAR

Neighborhood : Lemoyne

HOUSEHOLDS
2,155
POPULATION

4,630

42.9%Renters
57.1%Home Owners
LABOR FORCE

 

67.4%White Collar
32.6%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 $1,084 per month.

MY RENT : $1,084 MEDIAN RENT : $1,187

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 2.1%
$900-999 9.5%
$1,000-1,499 59.0%
>=$1,500 29.4%
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 $1,084 would therefore be considered affordable for annual household incomes greater than $43,360 (12 months x 3.333 x $1,084).

Rent % Affordability
Above $500 76.1%
Above $700 66.5%
Above $1,100 49.3%
Above $1,500 38.2%
Above $1,900 29.7%
HOUSEHOLD INCOME RANGE

Approximately 947 of households in this neighborhood have a total annual income of $43,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,084 per month.

MINIMUM INCOME RANGE : $43,360

Income % Distribution
<$20K 23.9%
$20K-$35K 17.4%
$35K-$60K 20.5%
$60K-$100K 16.0%
>=$100K 22.3%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 14.6%
10-14 mins 20.4%
15-19 mins 30.5%
20-29 mins 18.4%
30-44 mins 3.7%
45-59 mins 7.1%
>60 mins 2.3%
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 $1,084 per month.

MY RENT : $1,084 MEDIAN RENT : $1,187

Rent % Distribution
$500-699 0.0%
$700-899 2.1%
$900-999 9.5%
$1,000-1,499 59.0%
>=$1,500 29.4%
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 $1,084 would therefore be considered affordable for annual household incomes greater than $43,360 (12 months x 3.333 x $1,084).

Rent % Affordability
Above $500 76.1%
Above $700 66.5%
Above $1,100 49.3%
Above $1,500 38.2%
Above $1,900 29.7%
HOUSEHOLD INCOME RANGE

Approximately 947 of households in this neighborhood have a total annual income of $43,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,084 per month.

MINIMUM INCOME RANGE : $43,360

Income % Distribution
<$20K 23.9%
$20K-$35K 17.4%
$35K-$60K 20.5%
$60K-$100K 16.0%
>=$100K 22.3%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 14.6%
10-14 mins 20.4%
15-19 mins 30.5%
20-29 mins 18.4%
30-44 mins 3.7%
45-59 mins 7.1%
>60 mins 2.3%

Lemoyne Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 13.2%
Educational Services 8.9%
Financial Industries 9.5%
Health Care & Social Assistance 12.6%
Professional & Scientific Tech Services 11.5%
Retail & Wholesale Trader 10.9%
Other 33.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 31% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 20.2%
15-19 4.0%
20-24 6.8%
25-44 27.9%
45-65 25.6%
66+ 15.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.4%
Healthcare 5.1%
Management, Business, & Financial 26.0%
Natural Resources Maintenance 5.6%
Production & Transportation 12.2%
Sales & Office 26.5%
Other 17.3%
HIGHEST EDUCATION LEVEL

27% 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 28.5%
Masters Degree 9.1%
Some College 19.7%
Some High School 6.1%
Other 23.3%

605 Hummel Ave Comps

Sorry, we do not have sufficient data available.

605 Hummel Ave, Lemoyne, PA 17043 is a single family home of 1,760 sqft. HomeUnion INVESTimateĀ® for 605 Hummel Ave includes a Price Estimate of $86,141 and a Rent Estimate of $1,084. This single family home has 3 bedrooms,2 bathrooms, and was built in 1905. This property has an estimated 15 year annualized Yield of 15.10% and Total Return of 24.42%. The estimated 1 year forecast in home value for 605 Hummel Ave is 1.37%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , CUMBERLAND County , or the 17043 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2