INVESTimate
$49,251
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784 First Gap Rd PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $296.78
CONSTRUCTION
- Beds : 1
- Floor Size : 480 sqft
- Baths : 0 Full
784 First Gap Rd SCHOOLS
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Financial Details
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ALLENWOOD
Neighborhood : ALLENWOOD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $728 per month.
MY RENT : $728 MEDIAN RENT : $1,027
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 $728 would therefore be considered affordable for annual household incomes greater than $29,120 (12 months x 3.333 x $728).
HOUSEHOLD INCOME RANGE
Approximately 1,990 of households in this neighborhood have a total annual income of $29,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $728 per month.
MINIMUM INCOME RANGE : $29,120
COMMUTE TIME DISTRIBUTION
67% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
ALLENWOOD Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 9.1% |
| Health Care & Social Assistance | 18.1% |
| Manufacturing | 13.8% |
| Public Administration | 6.1% |
| Retail & Wholesale Trader | 15.1% |
| Transportation | 9.3% |
| Other | 28.6% |
AGE DISTRIBUTION
77% of the population is between the ages of 25 and 64, 15% is 24 or younger and 7% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 8.4% |
| 15-19 | 2.2% |
| 20-24 | 4.8% |
| 25-44 | 48.2% |
| 45-65 | 29.1% |
| 66+ | 7.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 8.4% |
| Management, Business, & Financial | 13.7% |
| Natural Resources Maintenance | 14.9% |
| Production & Transportation | 25.2% |
| Protect | 6.9% |
| Sales & Office | 20.1% |
| Other | 10.8% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 6.1% |
| High School | 48.4% |
| Masters Degree | 2.7% |
| Some College | 24.1% |
| Some High School | 13.0% |
| Other | 5.8% |
784 First Gap Rd Comps
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784 First Gap Rd, Allenwood, PA 17810 is a single family home of 480 sqft. HomeUnion INVESTimateĀ® for 784 First Gap Rd includes a Price Estimate of $142,456 and a Rent Estimate of $728. This single family home has 1 bedrooms,0 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 6.13% and Total Return of 13.60%. The estimated 1 year forecast in home value for 784 First Gap Rd is 6.36%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , LYCOMING County , or the 17810 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
