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70 Lackawanna Ave PROPERTY INFO
FACTS
- Built In 1910
- Price/Sqft : $51.72
CONSTRUCTION
- Beds : 8
- Floor Size : 3,230 sqft
- Baths : 2 Full
70 Lackawanna Ave SCHOOLS
Financial Details
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East Stroudsburg
Neighborhood : East Stroudsburg
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,757 per month.
MY RENT : $2,757 MEDIAN RENT : $1,335
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 $2,757 would therefore be considered affordable for annual household incomes greater than $110,280 (12 months x 3.333 x $2,757).
HOUSEHOLD INCOME RANGE
Approximately 186 of households in this neighborhood have a total annual income of $110,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,757 per month.
MINIMUM INCOME RANGE : $110,280
COMMUTE TIME DISTRIBUTION
40% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
East Stroudsburg Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 5.6% |
| Arts & Entertainment | 16.3% |
| Educational Services | 15.4% |
| Health Care & Social Assistance | 16.6% |
| Manufacturing | 7.3% |
| Retail & Wholesale Trader | 18.8% |
| Other | 19.9% |
AGE DISTRIBUTION
37% of the population is between the ages of 25 and 64, 50% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 12.8% |
| 15-19 | 15.2% |
| 20-24 | 21.9% |
| 25-44 | 14.4% |
| 45-65 | 22.7% |
| 66+ | 13.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 5.9% |
| Construction | 5.8% |
| Healthcare | 13.1% |
| Management, Business, & Financial | 12.6% |
| Production & Transportation | 17.9% |
| Sales & Office | 19.6% |
| Other | 25.0% |
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 | 5.2% |
| High School | 31.9% |
| Masters Degree | 7.6% |
| Some College | 22.8% |
| Some High School | 14.7% |
| Other | 17.8% |
70 Lackawanna Ave Comps
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70 Lackawanna Ave, East Stroudsburg, PA 18301 is a single family home of 3,230 sqft. HomeUnion INVESTimateĀ® for 70 Lackawanna Ave includes a Price Estimate of $167,056 and a Rent Estimate of $2,757. This single family home has 8 bedrooms,2 bathrooms, and was built in 1910. This property has an estimated 15 year annualized Yield of 19.80% and Total Return of 7.40%. The estimated 1 year forecast in home value for 70 Lackawanna Ave is 2.03%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , MONROE County , or the 18301 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
