Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

699 Fairlane Blvd 351 New Galilee, PA 16141

3 Beds 3 Baths 2,292 sqft Built 2003
Last updated:  Oct 23, 2019

INVESTimate

$149,471

$140K - $159K

Price Est.

$1,835

$1.6K - $2.1K

Rent Est.

$154,762  ( +3.54%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

699 Fairlane Blvd 351 PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $65.21
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,292 sqft
  • Baths : 2 Full 1 Half

699 Fairlane Blvd 351 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BEAVER FALLS MIDDLE SCHOOL Middle Regular 347 27 NA
BEAVER FALLS AREA SHS High Regular 502 36 3

BEAVER FALLS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 347
  • # of teachers: 27
-1
GreatSchools Rating

BEAVER FALLS AREA SHS

  • Education Level: High
  • # of students: 502
  • # of teachers: 36
3
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

NEW GALILEE

  • 1,677

    POPULATION
  • 698

    HOUSEHOLDS
  • 51.8%

    WHITE COLLAR

Neighborhood : NEW GALILEE

HOUSEHOLDS
698
POPULATION

1,677

14.1%Renters
85.9%Home Owners
LABOR FORCE

 

51.8%White Collar
48.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,835 per month.

MY RENT : $1,835 MEDIAN RENT : $1,056

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.8%
$900-999 24.4%
$1,000-1,499 57.1%
>=$1,500 10.7%
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 $1,835 would therefore be considered affordable for annual household incomes greater than $73,400 (12 months x 3.333 x $1,835).

Rent % Affordability
Above $500 85.1%
Above $700 73.6%
Above $1,100 55.1%
Above $1,500 42.2%
Above $1,900 29.1%
HOUSEHOLD INCOME RANGE

Approximately 165 of households in this neighborhood have a total annual income of $73,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,835 per month.

MINIMUM INCOME RANGE : $73,400

Income % Distribution
<$20K 14.9%
$20K-$35K 19.7%
$35K-$60K 23.2%
$60K-$100K 25.3%
>=$100K 16.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 7.7%
10-14 mins 10.5%
15-19 mins 15.6%
20-29 mins 22.8%
30-44 mins 23.5%
45-59 mins 10.7%
>60 mins 8.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,835 per month.

MY RENT : $1,835 MEDIAN RENT : $1,056

Rent % Distribution
$500-699 0.0%
$700-899 7.8%
$900-999 24.4%
$1,000-1,499 57.1%
>=$1,500 10.7%
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 $1,835 would therefore be considered affordable for annual household incomes greater than $73,400 (12 months x 3.333 x $1,835).

Rent % Affordability
Above $500 85.1%
Above $700 73.6%
Above $1,100 55.1%
Above $1,500 42.2%
Above $1,900 29.1%
HOUSEHOLD INCOME RANGE

Approximately 165 of households in this neighborhood have a total annual income of $73,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,835 per month.

MINIMUM INCOME RANGE : $73,400

Income % Distribution
<$20K 14.9%
$20K-$35K 19.7%
$35K-$60K 23.2%
$60K-$100K 25.3%
>=$100K 16.9%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 7.7%
10-14 mins 10.5%
15-19 mins 15.6%
20-29 mins 22.8%
30-44 mins 23.5%
45-59 mins 10.7%
>60 mins 8.1%

NEW GALILEE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.8%
Construction 8.9%
Health Care & Social Assistance 16.7%
Manufacturing 14.3%
Retail & Wholesale Trader 10.8%
Transportation 7.8%
Other 31.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 27% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 15.1%
15-19 4.8%
20-24 7.3%
25-44 18.9%
45-65 33.1%
66+ 20.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.6%
Healthcare 10.9%
Management, Business, & Financial 15.5%
Natural Resources Maintenance 17.1%
Production & Transportation 17.7%
Sales & Office 17.9%
Other 16.4%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.5%
High School 47.6%
Masters Degree 5.1%
Some College 15.0%
Some High School 10.9%
Other 12.9%

699 Fairlane Blvd 351 Comps

Sorry, we do not have sufficient data available.

699 Fairlane Blvd 351, New Galilee, PA 16141 is a single family home of 2,292 sqft. HomeUnion INVESTimate¬ģ for 699 Fairlane Blvd 351 includes a Price Estimate of $149,471 and a Rent Estimate of $1,835. This single family home has 3 bedrooms,3 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 14.73% and Total Return of 13.34%. The estimated 1 year forecast in home value for 699 Fairlane Blvd 351 is 3.54%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , BEAVER County , or the 16141 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 462 Fairlane Blvd