INVESTimate
$61,487
6305 Helen St PROPERTY INFO
FACTS
- Built In 1960
- Price/Sqft : $101.03
CONSTRUCTION
- Beds : 3
- Floor Size : 1,867 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
6305 Helen St, South Park, PA 15129 is a single family home of 1,867 sqft. HomeUnion estimate for 6305 Helen St includes a Price Estimate of $188,631 and a Rent Estimate of $1,365. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1960. This property has an estimated 15 year annualized Yield of 8.68% and Total Return of 16.07%. The estimated 1 year forecast in home value for 6305 Helen St is 3.96%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
6305 Helen St SCHOOLS
Financial Details
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South Park Township
Neighborhood : South Park Township
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,365 per month.
MY RENT : $1,365 MEDIAN RENT : $1,362
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 $1,365 would therefore be considered affordable for annual household incomes greater than $54,600 (12 months x 3.333 x $1,365).
HOUSEHOLD INCOME RANGE
Approximately 2,874 of households in this neighborhood have a total annual income of $54,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,365 per month.
MINIMUM INCOME RANGE : $54,600
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.
South Park Township Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.9% |
Educational Services | 9.0% |
Financial Industries | 7.9% |
Health Care & Social Assistance | 17.3% |
Professional & Scientific Tech Services | 8.9% |
Retail & Wholesale Trader | 14.9% |
Other | 34.0% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 28% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.1% |
15-19 | 6.5% |
20-24 | 4.3% |
25-44 | 23.8% |
45-65 | 32.3% |
66+ | 16.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 9.4% |
Healthcare | 10.9% |
Management, Business, & Financial | 22.2% |
Natural Resources Maintenance | 5.9% |
Production & Transportation | 7.9% |
Sales & Office | 24.0% |
Other | 19.7% |
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 | 14.9% |
High School | 28.8% |
Masters Degree | 9.4% |
Some College | 17.2% |
Some High School | 3.5% |
Other | 26.2% |
6305 Helen St Comps
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