Financial DetailsBuckhannon Pike PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $116.65
CONSTRUCTION
- Beds : 3
- Floor Size : 1,230 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
Buckhannon Pike, Mount Clare, WV 26408 is a single family home of 1,230 sqft. HomeUnion estimate for Buckhannon Pike includes a Price Estimate of $143,478 and a Rent Estimate of $1,053. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 8.81% and Total Return of 22.76%. The estimated 1 year forecast in home value for Buckhannon Pike is 5.07%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
Buckhannon Pike SCHOOLS
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Financial Details
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MOUNT CLARE
Neighborhood : MOUNT CLARE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,053 per month.
MY RENT : $1,053 MEDIAN RENT : $1,154
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 $1,053 would therefore be considered affordable for annual household incomes greater than $42,120 (12 months x 3.333 x $1,053).
HOUSEHOLD INCOME RANGE
Approximately 684 of households in this neighborhood have a total annual income of $42,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,053 per month.
MINIMUM INCOME RANGE : $42,120
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
MOUNT CLARE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.2% |
| Construction | 5.8% |
| Health Care & Social Assistance | 16.4% |
| Professional & Scientific Tech Services | 9.1% |
| Public Administration | 12.4% |
| Retail & Wholesale Trader | 16.6% |
| Other | 31.5% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 27% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.6% |
| 15-19 | 5.3% |
| 20-24 | 4.4% |
| 25-44 | 24.3% |
| 45-65 | 31.0% |
| 66+ | 17.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 10.6% |
| Healthcare | 10.3% |
| Management, Business, & Financial | 15.2% |
| Natural Resources Maintenance | 11.3% |
| Production & Transportation | 11.6% |
| Sales & Office | 22.6% |
| Other | 18.3% |
HIGHEST EDUCATION LEVEL
17% 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 | 36.0% |
| Masters Degree | 6.5% |
| Some College | 21.0% |
| Some High School | 9.2% |
| Other | 17.9% |
Buckhannon Pike Comps
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