INVESTimate
$70,986
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1 Highview Rd PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $113.26
CONSTRUCTION
- Beds : 0
- Floor Size : 1,982 sqft
- Baths : 3 Full
1 Highview Rd SCHOOLS
Financial Details
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CONOWINGO
Neighborhood : CONOWINGO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,540 per month.
MY RENT : $1,540 MEDIAN RENT : $1,321
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 $1,540 would therefore be considered affordable for annual household incomes greater than $61,600 (12 months x 3.333 x $1,540).
HOUSEHOLD INCOME RANGE
Approximately 588 of households in this neighborhood have a total annual income of $61,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,540 per month.
MINIMUM INCOME RANGE : $61,600
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.
CONOWINGO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.7% |
Construction | 9.3% |
Educational Services | 9.2% |
Health Care & Social Assistance | 13.5% |
Manufacturing | 11.6% |
Retail & Wholesale Trader | 12.6% |
Other | 35.1% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 16.1% |
15-19 | 7.2% |
20-24 | 7.4% |
25-44 | 19.8% |
45-65 | 36.2% |
66+ | 13.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 11.2% |
Healthcare | 7.5% |
Management, Business, & Financial | 13.8% |
Natural Resources Maintenance | 18.2% |
Production & Transportation | 14.4% |
Sales & Office | 16.4% |
Other | 18.5% |
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 | 8.0% |
High School | 46.4% |
Masters Degree | 3.6% |
Some College | 18.1% |
Some High School | 10.6% |
Other | 13.2% |
1 Highview Rd Comps
1 Highview Rd, Conowingo, MD 21918 is a single family home of 1,982 sqft. HomeUnion INVESTimateĀ® for 1 Highview Rd includes a Price Estimate of $224,476 and a Rent Estimate of $1,602. This single family home has 0 bedrooms,3 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 8.56% and Total Return of 24.61%. The estimated 1 year forecast in home value for 1 Highview Rd is 5.58%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , CECIL County , or the 21918 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2