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2511 S Snyder Ave PROPERTY INFO
FACTS
- Built In 1922
- Price/Sqft : $115.50
CONSTRUCTION
- Beds : 0
- Floor Size : 1,612 sqft
- Baths : 2 Full
2511 S Snyder Ave SCHOOLS
Financial Details
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SPARROWS POINT
Neighborhood : SPARROWS POINT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,498 per month.
MY RENT : $1,498 MEDIAN RENT : $1,490
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 $1,498 would therefore be considered affordable for annual household incomes greater than $59,920 (12 months x 3.333 x $1,498).
HOUSEHOLD INCOME RANGE
Approximately 1,999 of households in this neighborhood have a total annual income of $59,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,498 per month.
MINIMUM INCOME RANGE : $59,920
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
SPARROWS POINT Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.7% |
Educational Services | 9.5% |
Health Care & Social Assistance | 14.9% |
Public Administration | 8.3% |
Retail & Wholesale Trader | 15.6% |
Transportation | 8.5% |
Other | 32.5% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 27% is 24 or younger and 22% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.7% |
15-19 | 6.9% |
20-24 | 5.4% |
25-44 | 19.9% |
45-65 | 31.6% |
66+ | 21.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.2% |
Healthcare | 7.6% |
Management, Business, & Financial | 20.9% |
Natural Resources Maintenance | 13.8% |
Production & Transportation | 12.4% |
Sales & Office | 25.2% |
Other | 13.0% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.7% |
High School | 36.9% |
Masters Degree | 5.4% |
Some College | 23.7% |
Some High School | 13.7% |
Other | 10.6% |
2511 S Snyder Ave Comps
2511 S Snyder Ave, Sparrows Point, MD 21219 is a single family home of 1,612 sqft. HomeUnion INVESTimateĀ® for 2511 S Snyder Ave includes a Price Estimate of $186,187 and a Rent Estimate of $1,514. This single family home has 0 bedrooms,2 bathrooms, and was built in 1922. This property has an estimated 15 year annualized Yield of 9.76% and Total Return of 25.56%. The estimated 1 year forecast in home value for 2511 S Snyder Ave is 4.06%.
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