OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1596 Thomas Ct PROPERTY INFO
FACTS
- Built In 1968
- Price/Sqft : $177.56
CONSTRUCTION
- Beds : 0
- Floor Size : 900 sqft
- Baths : 1 Full
1596 Thomas Ct SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
POINT OF ROCKS
Neighborhood : POINT OF ROCKS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,069 per month.
MY RENT : $1,069 MEDIAN RENT : $1,847
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 $1,069 would therefore be considered affordable for annual household incomes greater than $42,760 (12 months x 3.333 x $1,069).
HOUSEHOLD INCOME RANGE
Approximately 490 of households in this neighborhood have a total annual income of $42,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,069 per month.
MINIMUM INCOME RANGE : $42,760
COMMUTE TIME DISTRIBUTION
51% of the working population has a commute time of 15 to 44 minutes, 4% has a commute time of 14 minutes or less and 44% has a commute time of 45 minutes or longer.
POINT OF ROCKS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 8.1% |
Educational Services | 9.1% |
Health Care & Social Assistance | 7.0% |
Manufacturing | 9.2% |
Professional & Scientific Tech Services | 10.8% |
Public Administration | 17.4% |
Other | 38.3% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 32% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.7% |
15-19 | 10.2% |
20-24 | 2.4% |
25-44 | 26.1% |
45-65 | 28.9% |
66+ | 12.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 13.2% |
Construction | 8.4% |
Healthcare | 5.9% |
Management, Business, & Financial | 28.8% |
Natural Resources Maintenance | 10.6% |
Sales & Office | 14.6% |
Other | 18.3% |
HIGHEST EDUCATION LEVEL
24% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.8% |
High School | 25.7% |
Masters Degree | 14.9% |
Some College | 15.1% |
Some High School | 7.4% |
Other | 30.1% |
1596 Thomas Ct Comps
1596 Thomas Ct, Point Of Rocks, MD 21777 is a single family home of 900 sqft. HomeUnion INVESTimateĀ® for 1596 Thomas Ct includes a Price Estimate of $159,807 and a Rent Estimate of $978. This single family home has 0 bedrooms,1 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 7.34% and Total Return of 15.53%. The estimated 1 year forecast in home value for 1596 Thomas Ct is 2.13%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , FREDERICK County , or the 21777 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2