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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

630 Painter Ave Ford Cliff, PA 16228

3 Beds 1 Baths 1,216 sqft Built 1920
Last updated:  Jan 23, 2020

INVESTimate

$75,014

$68.6K - $81.5K

Price Est.

$894

753 - $1.0K

Rent Est.

$76,604  ( +2.12%)   1 YR EST. FORECAST
  
  
  

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630 Painter Ave PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $61.69
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,216 sqft
  • Baths : 1 Full

630 Painter Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LENAPE ELEMENTARY SCHOOL Primary Regular 720 48 NA
LENAPE ELEMENTARY SCHOOL Middle Regular 720 48 NA

LENAPE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 720
  • # of teachers: 48
-1
GreatSchools Rating

LENAPE ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 720
  • # of teachers: 48
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

FORD CLIFF

  • 516

    POPULATION
  • 200

    HOUSEHOLDS
  • 41.8%

    WHITE COLLAR

Neighborhood : FORD CLIFF

HOUSEHOLDS
200
POPULATION

516

19.6%Renters
80.4%Home Owners
LABOR FORCE

 

41.8%White Collar
58.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $894 per month.

MY RENT : $894 MEDIAN RENT : $870

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 61.3%
$900-999 23.3%
$1,000-1,499 14.7%
>=$1,500 0.6%
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 $894 would therefore be considered affordable for annual household incomes greater than $35,760 (12 months x 3.333 x $894).

Rent % Affordability
Above $500 92.5%
Above $700 82.0%
Above $1,100 62.9%
Above $1,500 48.8%
Above $1,900 31.7%
HOUSEHOLD INCOME RANGE

Approximately 121 of households in this neighborhood have a total annual income of $35,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $894 per month.

MINIMUM INCOME RANGE : $35,760

Income % Distribution
<$20K 7.5%
$20K-$35K 15.9%
$35K-$60K 27.9%
$60K-$100K 33.3%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 39% 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 2.6%
5-9 mins 14.1%
10-14 mins 22.5%
15-19 mins 7.9%
20-29 mins 5.7%
30-44 mins 35.7%
45-59 mins 7.0%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 40% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $894 per month.

MY RENT : $894 MEDIAN RENT : $870

Rent % Distribution
$500-699 0.0%
$700-899 61.3%
$900-999 23.3%
$1,000-1,499 14.7%
>=$1,500 0.6%
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 $894 would therefore be considered affordable for annual household incomes greater than $35,760 (12 months x 3.333 x $894).

Rent % Affordability
Above $500 92.5%
Above $700 82.0%
Above $1,100 62.9%
Above $1,500 48.8%
Above $1,900 31.7%
HOUSEHOLD INCOME RANGE

Approximately 121 of households in this neighborhood have a total annual income of $35,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $894 per month.

MINIMUM INCOME RANGE : $35,760

Income % Distribution
<$20K 7.5%
$20K-$35K 15.9%
$35K-$60K 27.9%
$60K-$100K 33.3%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 39% 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 2.6%
5-9 mins 14.1%
10-14 mins 22.5%
15-19 mins 7.9%
20-29 mins 5.7%
30-44 mins 35.7%
45-59 mins 7.0%
>60 mins 4.4%

FORD CLIFF Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 4.5%
Financial Industries 4.5%
Health Care & Social Assistance 19.4%
Manufacturing 34.3%
Public Administration 5.8%
Retail & Wholesale Trader 13.2%
Other 18.2%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 29% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 19.8%
15-19 6.4%
20-24 2.7%
25-44 25.4%
45-65 28.9%
66+ 16.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.6%
Healthcare 12.4%
Management, Business, & Financial 11.5%
Production & Transportation 22.0%
Protect 9.6%
Sales & Office 16.7%
Other 18.2%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.2%
High School 51.2%
Masters Degree 2.7%
Some College 12.7%
Some High School 7.2%
Other 10.1%

630 Painter Ave Comps

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630 Painter Ave, Ford Cliff, PA 16228 is a single family home of 1,216 sqft. HomeUnion INVESTimateĀ® for 630 Painter Ave includes a Price Estimate of $75,014 and a Rent Estimate of $894. This single family home has 3 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 14.30% and Total Return of 22.18%. The estimated 1 year forecast in home value for 630 Painter Ave is 2.12%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ARMSTRONG County , or the 16228 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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