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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

7725 Hamilton Ave Pittsburgh, PA 15208

3 Beds 3 Baths 1,566 sqft Built 1920
Last updated:  Oct 23, 2019

INVESTimate

$33,778

$31.4K - $36.1K

Price Est.

$1,091

991 - $1.2K

Rent Est.

$34,896  ( +3.31%)   1 YR EST. FORECAST
  
  
  

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7725 Hamilton Ave PROPERTY INFO

FACTS
  • Built In 1920
  • Price/Sqft : $21.57
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,566 sqft
  • Baths : 1 Full 2 Half

7725 Hamilton Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FAISON K-5 SCHOOL Primary Regular 713 35 NA

FAISON K-5 SCHOOL

  • Education Level: Primary
  • # of students: 713
  • # of teachers: 35
0
GreatSchools Rating
 

Financial Details

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Neighborhood

Homewood South

  • 1,600

    POPULATION
  • 676

    HOUSEHOLDS
  • 54.4%

    WHITE COLLAR

Neighborhood : Homewood South

HOUSEHOLDS
676
POPULATION

1,600

55.7%Renters
44.3%Home Owners
LABOR FORCE

 

54.4%White Collar
45.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,091 per month.

MY RENT : $1,091 MEDIAN RENT : $1,001

Rent % Distribution LEVEL
$500-699 0.3%
$700-899 28.2%
$900-999 20.8%
$1,000-1,499 36.5%
>=$1,500 14.2%
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 $1,091 would therefore be considered affordable for annual household incomes greater than $43,640 (12 months x 3.333 x $1,091).

Rent % Affordability
Above $500 50.2%
Above $700 40.1%
Above $1,100 27.7%
Above $1,500 14.5%
Above $1,900 7.4%
HOUSEHOLD INCOME RANGE

Approximately 130 of households in this neighborhood have a total annual income of $43,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,091 per month.

MINIMUM INCOME RANGE : $43,640

Income % Distribution
<$20K 49.8%
$20K-$35K 18.2%
$35K-$60K 17.5%
$60K-$100K 11.0%
>=$100K 3.6%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 10.2%
10-14 mins 3.2%
15-19 mins 11.5%
20-29 mins 46.0%
30-44 mins 17.2%
45-59 mins 4.8%
>60 mins 5.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,091 per month.

MY RENT : $1,091 MEDIAN RENT : $1,001

Rent % Distribution
$500-699 0.3%
$700-899 28.2%
$900-999 20.8%
$1,000-1,499 36.5%
>=$1,500 14.2%
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 $1,091 would therefore be considered affordable for annual household incomes greater than $43,640 (12 months x 3.333 x $1,091).

Rent % Affordability
Above $500 50.2%
Above $700 40.1%
Above $1,100 27.7%
Above $1,500 14.5%
Above $1,900 7.4%
HOUSEHOLD INCOME RANGE

Approximately 130 of households in this neighborhood have a total annual income of $43,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,091 per month.

MINIMUM INCOME RANGE : $43,640

Income % Distribution
<$20K 49.8%
$20K-$35K 18.2%
$35K-$60K 17.5%
$60K-$100K 11.0%
>=$100K 3.6%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 10.2%
10-14 mins 3.2%
15-19 mins 11.5%
20-29 mins 46.0%
30-44 mins 17.2%
45-59 mins 4.8%
>60 mins 5.5%

Homewood South Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 19.9%
Educational Services 12.5%
Health Care & Social Assistance 25.3%
Manufacturing 11.2%
Public Administration 7.1%
Retail & Wholesale Trader 7.1%
Other 16.8%
AGE DISTRIBUTION

40% of the population is between the ages of 25 and 64, 41% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 23.6%
15-19 6.3%
20-24 10.8%
25-44 19.7%
45-65 19.9%
66+ 19.7%
OCCUPATION

Occupation % Distribution
Construction 5.7%
Healthcare 21.2%
Management, Business, & Financial 11.0%
Production & Transportation 14.3%
Protect 6.5%
Sales & Office 25.3%
Other 15.9%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.4%
High School 29.4%
Masters Degree 7.9%
Some College 20.5%
Some High School 21.0%
Other 11.8%

7725 Hamilton Ave Comps

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7725 Hamilton Ave, Pittsburgh, PA 15208 is a single family home of 1,566 sqft. HomeUnion INVESTimateĀ® for 7725 Hamilton Ave includes a Price Estimate of $33,778 and a Rent Estimate of $1,091. This single family home has 3 bedrooms,3 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 38.76% and Total Return of 29.43%. The estimated 1 year forecast in home value for 7725 Hamilton Ave is 3.31%.

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