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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

614 Parkview Blvd Pittsburgh, PA 15215

3 Beds 3 Baths 1,490 sqft Built 1975
Last updated:  Oct 23, 2019

INVESTimate

$218,704

$203K - $234K

Price Est.

$1,732

$1.5K - $1.9K

Rent Est.

$229,005  ( +4.71%)   1 YR EST. FORECAST
  
  
  

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614 Parkview Blvd PROPERTY INFO

FACTS
  • Built In 1975
  • Price/Sqft : $146.78
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,490 sqft
  • Baths : 2 Full 1 Half

614 Parkview Blvd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FOX CHAPEL AREA HIGH SCHOOL High Regular 1,429 120 10

FOX CHAPEL AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 1,429
  • # of teachers: 120
10
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

PITTSBURGH

  • 12,453

    POPULATION
  • 5,363

    HOUSEHOLDS
  • 79.5%

    WHITE COLLAR

Neighborhood : PITTSBURGH

HOUSEHOLDS
5,363
POPULATION

12,453

31.0%Renters
69.0%Home Owners
LABOR FORCE

 

79.5%White Collar
20.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,732 per month.

MY RENT : $1,732 MEDIAN RENT : $1,558

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.0%
$900-999 4.6%
$1,000-1,499 40.9%
>=$1,500 53.6%
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 $1,732 would therefore be considered affordable for annual household incomes greater than $69,280 (12 months x 3.333 x $1,732).

Rent % Affordability
Above $500 85.6%
Above $700 79.7%
Above $1,100 68.2%
Above $1,500 56.3%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 2,105 of households in this neighborhood have a total annual income of $69,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,732 per month.

MINIMUM INCOME RANGE : $69,280

Income % Distribution
<$20K 14.4%
$20K-$35K 11.1%
$35K-$60K 18.1%
$60K-$100K 24.6%
>=$100K 31.7%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 10.2%
10-14 mins 13.1%
15-19 mins 14.3%
20-29 mins 26.3%
30-44 mins 23.3%
45-59 mins 6.5%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,732 per month.

MY RENT : $1,732 MEDIAN RENT : $1,558

Rent % Distribution
$500-699 0.0%
$700-899 1.0%
$900-999 4.6%
$1,000-1,499 40.9%
>=$1,500 53.6%
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 $1,732 would therefore be considered affordable for annual household incomes greater than $69,280 (12 months x 3.333 x $1,732).

Rent % Affordability
Above $500 85.6%
Above $700 79.7%
Above $1,100 68.2%
Above $1,500 56.3%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 2,105 of households in this neighborhood have a total annual income of $69,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,732 per month.

MINIMUM INCOME RANGE : $69,280

Income % Distribution
<$20K 14.4%
$20K-$35K 11.1%
$35K-$60K 18.1%
$60K-$100K 24.6%
>=$100K 31.7%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.8%
5-9 mins 10.2%
10-14 mins 13.1%
15-19 mins 14.3%
20-29 mins 26.3%
30-44 mins 23.3%
45-59 mins 6.5%
>60 mins 4.4%

PITTSBURGH Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.8%
Financial Industries 7.6%
Health Care & Social Assistance 19.3%
Manufacturing 9.7%
Professional & Scientific Tech Services 12.0%
Retail & Wholesale Trader 14.3%
Other 28.3%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 27% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 17.4%
15-19 5.1%
20-24 4.1%
25-44 23.8%
45-65 32.6%
66+ 17.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.8%
Healthcare 9.7%
Legal 6.2%
Management, Business, & Financial 24.6%
Production & Transportation 7.9%
Sales & Office 23.2%
Other 20.7%
HIGHEST EDUCATION LEVEL

32% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.3%
High School 23.2%
Masters Degree 14.1%
Professional 7.6%
Some College 13.9%
Other 33.8%

614 Parkview Blvd Comps

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614 Parkview Blvd, Pittsburgh, PA 15215 is a single family home of 1,490 sqft. HomeUnion INVESTimateĀ® for 614 Parkview Blvd includes a Price Estimate of $218,704 and a Rent Estimate of $1,732. This single family home has 3 bedrooms,3 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 9.50% and Total Return of 20.65%. The estimated 1 year forecast in home value for 614 Parkview Blvd is 4.71%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15215 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2