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7423 Penfield Ct PROPERTY INFO
FACTS
- Built In 1920
- Price/Sqft : $122.30
CONSTRUCTION
- Beds : 3
- Floor Size : 1,246 sqft
- Baths : 1 Full
7423 Penfield Ct SCHOOLS
Financial Details
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Point Breeze North
Neighborhood : Point Breeze North
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,076 per month.
MY RENT : $1,076 MEDIAN RENT : $1,675
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 $1,076 would therefore be considered affordable for annual household incomes greater than $43,040 (12 months x 3.333 x $1,076).
HOUSEHOLD INCOME RANGE
Approximately 471 of households in this neighborhood have a total annual income of $43,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,076 per month.
MINIMUM INCOME RANGE : $43,040
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
Point Breeze North Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.6% |
| Educational Services | 18.0% |
| Health Care & Social Assistance | 26.9% |
| Professional & Scientific Tech Services | 13.9% |
| Real Estate | 4.9% |
| Retail & Wholesale Trader | 8.1% |
| Other | 19.5% |
AGE DISTRIBUTION
71% of the population is between the ages of 25 and 64, 16% is 24 or younger and 12% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 6.4% |
| 15-19 | 3.8% |
| 20-24 | 6.1% |
| 25-44 | 41.8% |
| 45-65 | 29.5% |
| 66+ | 12.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 9.9% |
| Construction | 8.5% |
| Healthcare | 11.1% |
| Management, Business, & Financial | 27.0% |
| Sales & Office | 17.2% |
| Social | 6.1% |
| Other | 20.2% |
HIGHEST EDUCATION LEVEL
45% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 14.0% |
| Doctorate | 10.5% |
| High School | 10.3% |
| Masters Degree | 17.0% |
| Some College | 10.4% |
| Other | 37.7% |
7423 Penfield Ct Comps
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7423 Penfield Ct, Pittsburgh, PA 15208 is a single family home of 1,246 sqft. HomeUnion INVESTimateĀ® for 7423 Penfield Ct includes a Price Estimate of $152,382 and a Rent Estimate of $1,076. This single family home has 3 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 8.47% and Total Return of 21.72%. The estimated 1 year forecast in home value for 7423 Penfield Ct is 7.8%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , ALLEGHENY County , or the 15208 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
