Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

5646 Eldorado Sharptown Rd Rhodesdale, MD 21659

0 Beds 1 Baths 672 sqft Built 1990
Last updated:  Jul 30, 2018

INVESTimate

$68,107

$63.8K - $72.4K

Price Est.

$987

862 - $1.1K

Rent Est.

$67,256  ( -1.25%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

5646 Eldorado Sharptown Rd PROPERTY INFO

FACTS
  • Built In 1990
  • Price/Sqft : $101.35
CONSTRUCTION
  • Beds : 0
  • Floor Size : 672 sqft
  • Baths : 1 Full

5646 Eldorado Sharptown Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VIENNA ELEMENTARY SCHOOL Primary Regular 189 14 NA
NORTH DORCHESTER MIDDLE SCHOOL Middle Regular 412 31 NA
NORTH DORCHESTER HIGH SCHOOL High Regular 539 37 NA

VIENNA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 189
  • # of teachers: 14
-1
GreatSchools Rating

NORTH DORCHESTER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 412
  • # of teachers: 31
-1
GreatSchools Rating

NORTH DORCHESTER HIGH SCHOOL

  • Education Level: High
  • # of students: 539
  • # of teachers: 37
-1
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

RHODESDALE

  • 1,063

    POPULATION
  • 428

    HOUSEHOLDS
  • 65.0%

    WHITE COLLAR

Neighborhood : RHODESDALE

HOUSEHOLDS
428
POPULATION

1,063

17.8%Renters
82.2%Home Owners
LABOR FORCE

 

65.0%White Collar
35.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,024 per month.

MY RENT : $1,024 MEDIAN RENT : $1,232

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 6.2%
$1,000-1,499 74.1%
>=$1,500 19.7%
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 $1,024 would therefore be considered affordable for annual household incomes greater than $40,960 (12 months x 3.333 x $1,024).

Rent % Affordability
Above $500 89.8%
Above $700 81.3%
Above $1,100 62.6%
Above $1,500 52.7%
Above $1,900 47.6%
HOUSEHOLD INCOME RANGE

Approximately 255 of households in this neighborhood have a total annual income of $40,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,024 per month.

MINIMUM INCOME RANGE : $40,960

Income % Distribution
<$20K 10.2%
$20K-$35K 13.0%
$35K-$60K 24.1%
$60K-$100K 14.2%
>=$100K 38.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 5.5%
10-14 mins 4.6%
15-19 mins 5.3%
20-29 mins 27.9%
30-44 mins 30.6%
45-59 mins 17.6%
>60 mins 5.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 90% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,024 per month.

MY RENT : $1,024 MEDIAN RENT : $1,232

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 6.2%
$1,000-1,499 74.1%
>=$1,500 19.7%
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 $1,024 would therefore be considered affordable for annual household incomes greater than $40,960 (12 months x 3.333 x $1,024).

Rent % Affordability
Above $500 89.8%
Above $700 81.3%
Above $1,100 62.6%
Above $1,500 52.7%
Above $1,900 47.6%
HOUSEHOLD INCOME RANGE

Approximately 255 of households in this neighborhood have a total annual income of $40,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,024 per month.

MINIMUM INCOME RANGE : $40,960

Income % Distribution
<$20K 10.2%
$20K-$35K 13.0%
$35K-$60K 24.1%
$60K-$100K 14.2%
>=$100K 38.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 5.5%
10-14 mins 4.6%
15-19 mins 5.3%
20-29 mins 27.9%
30-44 mins 30.6%
45-59 mins 17.6%
>60 mins 5.7%

RHODESDALE Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.3%
Agriculture, Fishing & Game 6.7%
Educational Services 9.5%
Health Care & Social Assistance 17.9%
Manufacturing 7.8%
Retail & Wholesale Trader 19.7%
Other 31.1%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 22% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 13.4%
15-19 5.7%
20-24 3.3%
25-44 16.8%
45-65 41.3%
66+ 19.5%
OCCUPATION

Occupation % Distribution
Construction 7.9%
Healthcare 11.5%
Management, Business, & Financial 10.8%
Natural Resources Maintenance 12.0%
Production & Transportation 8.4%
Sales & Office 28.3%
Other 21.1%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.0%
High School 42.9%
Masters Degree 4.4%
Some College 17.7%
Some High School 14.1%
Other 12.9%

5646 Eldorado Sharptown Rd Comps

Sorry, we do not have sufficient data available.

5646 Eldorado Sharptown Rd, Rhodesdale, MD 21659 is a single family home of 672 sqft. HomeUnion INVESTimateĀ® for 5646 Eldorado Sharptown Rd includes a Price Estimate of $68,107 and a Rent Estimate of $987. This single family home has 0 bedrooms,1 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 17.39% and Total Return of 26.90%. The estimated 1 year forecast in home value for 5646 Eldorado Sharptown Rd is -1.25%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , DORCHESTER County , or the 21659 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2