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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

23264 Hilltop Dr Bushwood, MD 20618

0 Beds 2 Baths 1,008 sqft Built 2006
Last updated:  May 30, 2018

INVESTimate

$144,563

$136K - $153K

Price Est.

$1,319

$1.2K - $1.4K

Rent Est.

$152,745  ( +5.66%)   1 YR EST. FORECAST
  
  
  

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23264 Hilltop Dr PROPERTY INFO

FACTS
  • Built In 2006
  • Price/Sqft : $143.42
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,008 sqft
  • Baths : 2 Full

23264 Hilltop Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DYNARD ELEMENTARY SCHOOL Primary Regular 503 26 5
CHICKERING ELEMENTARY SCHOOL Middle Regular 986 59 7
CHOPTICON HIGH SCHOOL High Regular 1,624 78 6

DYNARD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 503
  • # of teachers: 26
5
GreatSchools Rating

CHICKERING ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 986
  • # of teachers: 59
7
GreatSchools Rating

CHOPTICON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,624
  • # of teachers: 78
6
GreatSchools Rating
 

Financial Details

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Neighborhood

BUSHWOOD

  • 846

    POPULATION
  • 338

    HOUSEHOLDS
  • 62.3%

    WHITE COLLAR

Neighborhood : BUSHWOOD

HOUSEHOLDS
338
POPULATION

846

27.4%Renters
72.6%Home Owners
LABOR FORCE

 

62.3%White Collar
37.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,272 per month.

MY RENT : $1,272 MEDIAN RENT : $1,357

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.2%
$900-999 2.7%
$1,000-1,499 65.2%
>=$1,500 31.9%
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 $1,272 would therefore be considered affordable for annual household incomes greater than $50,880 (12 months x 3.333 x $1,272).

Rent % Affordability
Above $500 79.0%
Above $700 68.5%
Above $1,100 55.9%
Above $1,500 47.9%
Above $1,900 34.2%
HOUSEHOLD INCOME RANGE

Approximately 171 of households in this neighborhood have a total annual income of $50,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,272 per month.

MINIMUM INCOME RANGE : $50,880

Income % Distribution
<$20K 21.0%
$20K-$35K 14.2%
$35K-$60K 16.9%
$60K-$100K 24.6%
>=$100K 23.4%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 2.2%
10-14 mins 10.6%
15-19 mins 4.4%
20-29 mins 21.8%
30-44 mins 19.9%
45-59 mins 23.4%
>60 mins 17.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,272 per month.

MY RENT : $1,272 MEDIAN RENT : $1,357

Rent % Distribution
$500-699 0.0%
$700-899 0.2%
$900-999 2.7%
$1,000-1,499 65.2%
>=$1,500 31.9%
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 $1,272 would therefore be considered affordable for annual household incomes greater than $50,880 (12 months x 3.333 x $1,272).

Rent % Affordability
Above $500 79.0%
Above $700 68.5%
Above $1,100 55.9%
Above $1,500 47.9%
Above $1,900 34.2%
HOUSEHOLD INCOME RANGE

Approximately 171 of households in this neighborhood have a total annual income of $50,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,272 per month.

MINIMUM INCOME RANGE : $50,880

Income % Distribution
<$20K 21.0%
$20K-$35K 14.2%
$35K-$60K 16.9%
$60K-$100K 24.6%
>=$100K 23.4%
COMMUTE TIME DISTRIBUTION

46% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 2.2%
10-14 mins 10.6%
15-19 mins 4.4%
20-29 mins 21.8%
30-44 mins 19.9%
45-59 mins 23.4%
>60 mins 17.1%

BUSHWOOD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.2%
Educational Services 15.5%
Health Care & Social Assistance 5.7%
Professional & Scientific Tech Services 10.1%
Public Administration 12.8%
Retail & Wholesale Trader 8.6%
Other 32.1%
AGE DISTRIBUTION

42% of the population is between the ages of 25 and 64, 32% is 24 or younger and 27% is 65 or older.

Age % Distribution
<15 14.9%
15-19 8.0%
20-24 8.6%
25-44 11.9%
45-65 29.7%
66+ 26.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 18.2%
Management, Business, & Financial 24.1%
Natural Resources Maintenance 17.3%
PCare 8.2%
Production & Transportation 10.0%
Sales & Office 8.2%
Other 14.1%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.5%
High School 47.0%
Masters Degree 4.2%
Some College 20.0%
Some High School 12.7%
Other 7.7%

23264 Hilltop Dr Comps

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23264 Hilltop Dr, Bushwood, MD 20618 is a single family home of 1,008 sqft. HomeUnion INVESTimateĀ® for 23264 Hilltop Dr includes a Price Estimate of $144,563 and a Rent Estimate of $1,319. This single family home has 0 bedrooms,2 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 10.95% and Total Return of 27.64%. The estimated 1 year forecast in home value for 23264 Hilltop Dr is 5.66%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , SAINT MARYS County , or the 20618 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2