INVESTimate
$72,802
62 S Main St PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $76.17
CONSTRUCTION
- Beds : 5
- Floor Size : 3,037 sqft
- Baths : 3 Full 2 Half
PROPERTY DESCRIPTION
62 S Main St, Biglerville, PA 17307 is a single family home of 3,037 sqft. HomeUnion estimate for 62 S Main St includes a Price Estimate of $231,327 and a Rent Estimate of $1,790. This single family home has 5 bedrooms, 5 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 9.29% and Total Return of 17.12%. The estimated 1 year forecast in home value for 62 S Main St is 0.95%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
62 S Main St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BIGLERVILLE
Neighborhood : BIGLERVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,790 per month.
MY RENT : $1,790 MEDIAN RENT : $1,309
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 $1,790 would therefore be considered affordable for annual household incomes greater than $71,600 (12 months x 3.333 x $1,790).
HOUSEHOLD INCOME RANGE
Approximately 712 of households in this neighborhood have a total annual income of $71,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,790 per month.
MINIMUM INCOME RANGE : $71,600
COMMUTE TIME DISTRIBUTION
51% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
BIGLERVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 7.8% |
Construction | 5.6% |
Educational Services | 10.0% |
Health Care & Social Assistance | 12.1% |
Manufacturing | 17.3% |
Retail & Wholesale Trader | 14.5% |
Other | 32.9% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.7% |
15-19 | 6.4% |
20-24 | 6.0% |
25-44 | 23.3% |
45-65 | 30.6% |
66+ | 16.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.4% |
Healthcare | 6.7% |
Management, Business, & Financial | 17.2% |
Natural Resources Maintenance | 15.6% |
Production & Transportation | 22.1% |
Sales & Office | 18.4% |
Other | 14.5% |
HIGHEST EDUCATION LEVEL
17% 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 | 43.9% |
Masters Degree | 8.0% |
Some College | 14.3% |
Some High School | 12.6% |
Other | 13.8% |
62 S Main St Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ADAMS County , or the 17307 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2