INVESTimate
$206,714
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700 Woodcrest Cir PROPERTY INFO
FACTS
- Built In 1962
- Price/Sqft : $249.29
CONSTRUCTION
- Beds : 4
- Floor Size : 2,955 sqft
- Baths : 3 Full 1 Half
700 Woodcrest Cir SCHOOLS
Financial Details
See Financial Details
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WAYNE
Neighborhood : WAYNE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,676 per month.
MY RENT : $3,676 MEDIAN RENT : $2,783
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 $3,676 would therefore be considered affordable for annual household incomes greater than $147,040 (12 months x 3.333 x $3,676).
HOUSEHOLD INCOME RANGE
Approximately 2,941 of households in this neighborhood have a total annual income of $147,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,676 per month.
MINIMUM INCOME RANGE : $147,040
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
WAYNE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.1% |
Educational Services | 13.2% |
Financial Industries | 13.2% |
Health Care & Social Assistance | 13.4% |
Professional & Scientific Tech Services | 16.1% |
Retail & Wholesale Trader | 10.7% |
Other | 26.4% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 35% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.2% |
15-19 | 9.5% |
20-24 | 7.0% |
25-44 | 19.9% |
45-65 | 30.2% |
66+ | 15.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 15.7% |
Construction | 5.6% |
Healthcare | 7.3% |
Legal | 4.8% |
Management, Business, & Financial | 36.8% |
Sales & Office | 18.2% |
Other | 11.7% |
HIGHEST EDUCATION LEVEL
41% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Doctorate | 4.8% |
High School | 8.9% |
Masters Degree | 25.3% |
Professional | 7.6% |
Some College | 9.5% |
Other | 43.9% |
700 Woodcrest Cir Comps
700 Woodcrest Cir, Wayne, PA 19087 is a single family home of 2,955 sqft. HomeUnion INVESTimateĀ® for 700 Woodcrest Cir includes a Price Estimate of $736,656 and a Rent Estimate of $3,676. This single family home has 4 bedrooms,4 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 5.99% and Total Return of 11.50%. The estimated 1 year forecast in home value for 700 Woodcrest Cir is 1.56%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , DELAWARE County , or the 19087 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2