INVESTimate
$83,673
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4730 Mayfield Pl PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $218.23
CONSTRUCTION
- Beds : 0
- Floor Size : 1,248 sqft
- Baths : 2 Full
4730 Mayfield Pl SCHOOLS
Financial Details
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POMFRET
Neighborhood : POMFRET
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,803 per month.
MY RENT : $1,803 MEDIAN RENT : $1,923
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 $1,803 would therefore be considered affordable for annual household incomes greater than $72,120 (12 months x 3.333 x $1,803).
HOUSEHOLD INCOME RANGE
Approximately 423 of households in this neighborhood have a total annual income of $72,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,803 per month.
MINIMUM INCOME RANGE : $72,120
COMMUTE TIME DISTRIBUTION
36% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 52% has a commute time of 45 minutes or longer.
POMFRET Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 9.6% |
Educational Services | 11.1% |
Health Care & Social Assistance | 10.2% |
Professional & Scientific Tech Services | 8.5% |
Public Administration | 22.7% |
Retail & Wholesale Trader | 10.4% |
Other | 27.5% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.0% |
15-19 | 6.4% |
20-24 | 4.4% |
25-44 | 23.5% |
45-65 | 30.4% |
66+ | 16.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 11.5% |
Construction | 6.1% |
Management, Business, & Financial | 26.3% |
Natural Resources Maintenance | 8.9% |
Protect | 8.0% |
Sales & Office | 23.6% |
Other | 15.7% |
HIGHEST EDUCATION LEVEL
23% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.3% |
High School | 28.1% |
Masters Degree | 10.9% |
Some College | 21.0% |
Some High School | 6.9% |
Other | 23.7% |
4730 Mayfield Pl Comps
4730 Mayfield Pl, Pomfret, MD 20675 is a single family home of 1,248 sqft. HomeUnion INVESTimateĀ® for 4730 Mayfield Pl includes a Price Estimate of $272,352 and a Rent Estimate of $1,755. This single family home has 0 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 7.73% and Total Return of 17.73%. The estimated 1 year forecast in home value for 4730 Mayfield Pl is 2.54%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , CHARLES County , or the 20675 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2