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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

Off Route 25 Mount Clare, WV 26408

3 Beds 1 Baths 1,273 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$153,338

$140K - $167K

Price Est.

$972

876 - $1.1K

Rent Est.

$161,112  ( +5.07%)   1 YR EST. FORECAST
  
  
  

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Off Route 25 PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $120.45
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,273 sqft
  • Baths : 1 Full

Off Route 25 SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

MOUNT CLARE

  • 2,983

    POPULATION
  • 1,163

    HOUSEHOLDS
  • 59.6%

    WHITE COLLAR

Neighborhood : MOUNT CLARE

HOUSEHOLDS
1,163
POPULATION

2,983

15.4%Renters
84.6%Home Owners
LABOR FORCE

 

59.6%White Collar
40.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $972 per month.

MY RENT : $972 MEDIAN RENT : $1,154

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 16.1%
$900-999 14.6%
$1,000-1,499 36.1%
>=$1,500 33.2%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 87.4%
Above $700 81.7%
Above $1,100 64.5%
Above $1,500 51.9%
Above $1,900 40.7%
HOUSEHOLD INCOME RANGE

Approximately 698 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 12.6%
$20K-$35K 11.9%
$35K-$60K 23.6%
$60K-$100K 24.5%
>=$100K 27.4%
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.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 9.6%
10-14 mins 15.1%
15-19 mins 18.6%
20-29 mins 34.5%
30-44 mins 12.0%
45-59 mins 1.4%
>60 mins 5.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $972 per month.

MY RENT : $972 MEDIAN RENT : $1,154

Rent % Distribution
$500-699 0.0%
$700-899 16.1%
$900-999 14.6%
$1,000-1,499 36.1%
>=$1,500 33.2%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 87.4%
Above $700 81.7%
Above $1,100 64.5%
Above $1,500 51.9%
Above $1,900 40.7%
HOUSEHOLD INCOME RANGE

Approximately 698 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 12.6%
$20K-$35K 11.9%
$35K-$60K 23.6%
$60K-$100K 24.5%
>=$100K 27.4%
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.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 9.6%
10-14 mins 15.1%
15-19 mins 18.6%
20-29 mins 34.5%
30-44 mins 12.0%
45-59 mins 1.4%
>60 mins 5.3%

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%

Off Route 25 Comps

Sorry, we do not have sufficient data available.

Off Route 25, Mount Clare, WV 26408 is a single family home of 1,273 sqft. HomeUnion INVESTimateĀ® for Off Route 25 includes a Price Estimate of $153,338 and a Rent Estimate of $972. This single family home has 3 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 7.61% and Total Return of 20.94%. The estimated 1 year forecast in home value for Off Route 25 is 5.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , HARRISON County , or the 26408 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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