INVESTimate
$24,307
96 3rd PROPERTY INFO
FACTS
- Built In 1894
- Price/Sqft : $41.92
CONSTRUCTION
- Beds : 3
- Floor Size : 1,153 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
96 3rd, Oneida, PA 18242 is a single family home of 1,153 sqft. HomeUnion estimate for 96 3rd includes a Price Estimate of $48,330 and a Rent Estimate of $697. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1894. This property has an estimated 15 year annualized Yield of 17.31% and Total Return of 21.87%. The estimated 1 year forecast in home value for 96 3rd is 1.73%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
96 3rd SCHOOLS
Financial Details
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ONEIDA
Neighborhood : ONEIDA
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 $697 per month.
MY RENT : $697 MEDIAN RENT : $677
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 $697 would therefore be considered affordable for annual household incomes greater than $27,880 (12 months x 3.333 x $697).
HOUSEHOLD INCOME RANGE
Approximately 96 of households in this neighborhood have a total annual income of $27,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $697 per month.
MINIMUM INCOME RANGE : $27,880
COMMUTE TIME DISTRIBUTION
43% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
ONEIDA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 11.5% |
Health Care & Social Assistance | 11.5% |
Manufacturing | 19.2% |
Real Estate | 3.8% |
Retail & Wholesale Trader | 26.9% |
Transportation | 3.8% |
Other | 23.1% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 23% is 24 or younger and 23% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.3% |
15-19 | 5.0% |
20-24 | 5.0% |
25-44 | 20.0% |
45-65 | 33.3% |
66+ | 23.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 4.8% |
Management, Business, & Financial | 19.0% |
Natural Resources Maintenance | 9.5% |
Production & Transportation | 28.6% |
Sales & Office | 23.8% |
Social | 4.8% |
Other | 9.5% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.3% |
High School | 48.8% |
Professional | 2.3% |
Some College | 16.3% |
Some High School | 9.3% |
Other | 14.0% |
96 3rd Comps
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