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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

345 Vista Ridge Dr Friendsville, MD 21531

0 Beds 4 Baths 2,128 sqft Built 2000
Last updated:  May 30, 2018

INVESTimate

$275,359

$231K - $319K

Price Est.

$1,614

$1.4K - $1.8K

Rent Est.

$281,252  ( +2.14%)   1 YR EST. FORECAST
  
  
  

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345 Vista Ridge Dr PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $129.40
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,128 sqft
  • Baths : 4 Full

345 Vista Ridge Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FRIENDSVILLE ELEMENTARY SCHOOL Primary Regular 117 8 NA
NORTHERN MIDDLE SCHOOL Middle Regular 368 28 NA
NORTHERN GARRETT HIGH SCHOOL High Regular 482 40 NA

FRIENDSVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 117
  • # of teachers: 8
-1
GreatSchools Rating

NORTHERN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 368
  • # of teachers: 28
-1
GreatSchools Rating

NORTHERN GARRETT HIGH SCHOOL

  • Education Level: High
  • # of students: 482
  • # of teachers: 40
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

FRIENDSVILLE

  • 2,107

    POPULATION
  • 868

    HOUSEHOLDS
  • 47.5%

    WHITE COLLAR

Neighborhood : FRIENDSVILLE

HOUSEHOLDS
868
POPULATION

2,107

21.3%Renters
78.7%Home Owners
LABOR FORCE

 

47.5%White Collar
52.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,663 per month.

MY RENT : $1,663 MEDIAN RENT : $1,025

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 31.1%
$900-999 11.9%
$1,000-1,499 48.3%
>=$1,500 8.7%
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 $1,663 would therefore be considered affordable for annual household incomes greater than $66,520 (12 months x 3.333 x $1,663).

Rent % Affordability
Above $500 78.5%
Above $700 68.9%
Above $1,100 50.7%
Above $1,500 36.5%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 180 of households in this neighborhood have a total annual income of $66,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,663 per month.

MINIMUM INCOME RANGE : $66,520

Income % Distribution
<$20K 21.5%
$20K-$35K 19.4%
$35K-$60K 22.5%
$60K-$100K 23.7%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 13.5%
10-14 mins 6.2%
15-19 mins 13.3%
20-29 mins 27.9%
30-44 mins 20.6%
45-59 mins 8.8%
>60 mins 8.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,663 per month.

MY RENT : $1,663 MEDIAN RENT : $1,025

Rent % Distribution
$500-699 0.0%
$700-899 31.1%
$900-999 11.9%
$1,000-1,499 48.3%
>=$1,500 8.7%
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 $1,663 would therefore be considered affordable for annual household incomes greater than $66,520 (12 months x 3.333 x $1,663).

Rent % Affordability
Above $500 78.5%
Above $700 68.9%
Above $1,100 50.7%
Above $1,500 36.5%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 180 of households in this neighborhood have a total annual income of $66,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,663 per month.

MINIMUM INCOME RANGE : $66,520

Income % Distribution
<$20K 21.5%
$20K-$35K 19.4%
$35K-$60K 22.5%
$60K-$100K 23.7%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 13.5%
10-14 mins 6.2%
15-19 mins 13.3%
20-29 mins 27.9%
30-44 mins 20.6%
45-59 mins 8.8%
>60 mins 8.8%

FRIENDSVILLE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.1%
Arts & Entertainment 8.2%
Construction 10.6%
Educational Services 11.5%
Health Care & Social Assistance 7.7%
Retail & Wholesale Trader 13.5%
Other 39.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 27% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 14.7%
15-19 7.6%
20-24 4.3%
25-44 22.6%
45-65 30.8%
66+ 19.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.8%
Healthcare 5.7%
Management, Business, & Financial 12.5%
Natural Resources Maintenance 26.8%
Production & Transportation 21.4%
Sales & Office 9.8%
Other 16.1%
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 7.0%
High School 43.8%
Masters Degree 6.6%
Some College 18.6%
Some High School 15.1%
Other 9.0%

345 Vista Ridge Dr Comps

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345 Vista Ridge Dr, Friendsville, MD 21531 is a single family home of 2,128 sqft. HomeUnion INVESTimateĀ® for 345 Vista Ridge Dr includes a Price Estimate of $275,359 and a Rent Estimate of $1,614. This single family home has 0 bedrooms,4 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 7.03% and Total Return of 13.87%. The estimated 1 year forecast in home value for 345 Vista Ridge Dr is 2.14%.

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