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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

22580 Pot Pie Rd Wittman, MD 21676

0 Beds 1 Baths 1,810 sqft Built 1895
Last updated:  May 30, 2018

INVESTimate

$123,374

$115K - $132K

Price Est.

$1,424

$1.3K - $1.5K

Rent Est.

$129,518  ( +4.98%)   1 YR EST. FORECAST
  
  
  

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22580 Pot Pie Rd PROPERTY INFO

FACTS
  • Built In 1895
  • Price/Sqft : $68.16
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,810 sqft
  • Baths : 1 Full

22580 Pot Pie Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TILGHMAN ELEMENTARY SCHOOL Primary Regular 95 6 NA
ST. MICHAELS MIDDLE-HIGH SCHOOL Middle Regular 389 31 NA
EASTON HIGH SCHOOL High Regular 1,103 68 NA

TILGHMAN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 95
  • # of teachers: 6
-1
GreatSchools Rating

ST. MICHAELS MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 389
  • # of teachers: 31
-1
GreatSchools Rating

EASTON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,103
  • # of teachers: 68
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

WITTMAN

  • 377

    POPULATION
  • 154

    HOUSEHOLDS
  • 50.1%

    WHITE COLLAR

Neighborhood : WITTMAN

HOUSEHOLDS
154
POPULATION

377

18.1%Renters
81.9%Home Owners
LABOR FORCE

 

50.1%White Collar
49.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,524 per month.

MY RENT : $1,524 MEDIAN RENT : $1,243

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 60.9%
>=$1,500 39.1%
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 $1,524 would therefore be considered affordable for annual household incomes greater than $60,960 (12 months x 3.333 x $1,524).

Rent % Affordability
Above $500 92.2%
Above $700 82.9%
Above $1,100 69.7%
Above $1,500 61.0%
Above $1,900 49.9%
HOUSEHOLD INCOME RANGE

Approximately 67 of households in this neighborhood have a total annual income of $60,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,524 per month.

MINIMUM INCOME RANGE : $60,960

Income % Distribution
<$20K 7.8%
$20K-$35K 14.9%
$35K-$60K 16.2%
$60K-$100K 29.2%
>=$100K 31.8%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 10.8%
10-14 mins 14.4%
15-19 mins 15.8%
20-29 mins 15.8%
30-44 mins 30.2%
45-59 mins 9.4%
>60 mins 1.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,524 per month.

MY RENT : $1,524 MEDIAN RENT : $1,243

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 60.9%
>=$1,500 39.1%
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 $1,524 would therefore be considered affordable for annual household incomes greater than $60,960 (12 months x 3.333 x $1,524).

Rent % Affordability
Above $500 92.2%
Above $700 82.9%
Above $1,100 69.7%
Above $1,500 61.0%
Above $1,900 49.9%
HOUSEHOLD INCOME RANGE

Approximately 67 of households in this neighborhood have a total annual income of $60,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,524 per month.

MINIMUM INCOME RANGE : $60,960

Income % Distribution
<$20K 7.8%
$20K-$35K 14.9%
$35K-$60K 16.2%
$60K-$100K 29.2%
>=$100K 31.8%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 10.8%
10-14 mins 14.4%
15-19 mins 15.8%
20-29 mins 15.8%
30-44 mins 30.2%
45-59 mins 9.4%
>60 mins 1.4%

WITTMAN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.1%
Arts & Entertainment 16.4%
Construction 14.5%
Health Care & Social Assistance 16.4%
Professional & Scientific Tech Services 6.7%
Retail & Wholesale Trader 13.3%
Other 23.6%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 25% is 24 or younger and 30% is 65 or older.

Age % Distribution
<15 19.4%
15-19 1.9%
20-24 3.4%
25-44 18.8%
45-65 26.8%
66+ 29.7%
OCCUPATION

Occupation % Distribution
Adesm 8.9%
Healthcare 14.9%
Management, Business, & Financial 10.9%
Natural Resources Maintenance 29.7%
PCare 9.9%
Sales & Office 8.9%
Other 16.8%
HIGHEST EDUCATION LEVEL

25% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 30.2%
Masters Degree 12.6%
Professional 4.2%
Some College 20.4%
Some High School 8.1%
Other 24.6%

22580 Pot Pie Rd Comps

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22580 Pot Pie Rd, Wittman, MD 21676 is a single family home of 1,810 sqft. HomeUnion INVESTimateĀ® for 22580 Pot Pie Rd includes a Price Estimate of $123,374 and a Rent Estimate of $1,424. This single family home has 0 bedrooms,1 bathrooms, and was built in 1895. This property has an estimated 15 year annualized Yield of 13.85% and Total Return of 33.75%. The estimated 1 year forecast in home value for 22580 Pot Pie Rd is 4.98%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , TALBOT County , or the 21676 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2