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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

6008 Jefferson Heights Dr Fairmount Heights, MD 20743

0 Beds 2 Baths 912 sqft Built 1938
Last updated:  May 30, 2018

INVESTimate

$157,299

$148K - $166K

Price Est.

$1,326

$1.2K - $1.4K

Rent Est.

$167,571  ( +6.53%)   1 YR EST. FORECAST
  
  
  

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6008 Jefferson Heights Dr PROPERTY INFO

FACTS
  • Built In 1938
  • Price/Sqft : $172.48
CONSTRUCTION
  • Beds : 0
  • Floor Size : 912 sqft
  • Baths : 1 Full 1 Half

6008 Jefferson Heights Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROBERT R. GRAY ELEMENTARY SCHOOL Primary Regular 408 27 3
G. JAMES GHOLSON MIDDLE SCHOOL Middle Regular 715 47 3
FAIRMONT HEIGHTS HIGH SCHOOL High Magnet 752 46 3

ROBERT R. GRAY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 408
  • # of teachers: 27
3
GreatSchools Rating

G. JAMES GHOLSON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 715
  • # of teachers: 47
3
GreatSchools Rating

FAIRMONT HEIGHTS HIGH SCHOOL

  • Education Level: High
  • # of students: 752
  • # of teachers: 46
3
GreatSchools Rating
 

Financial Details

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Neighborhood

CAPITOL HEIGHTS

  • 39,762

    POPULATION
  • 14,261

    HOUSEHOLDS
  • 53.3%

    WHITE COLLAR

Neighborhood : CAPITOL HEIGHTS

HOUSEHOLDS
14,261
POPULATION

39,762

38.2%Renters
61.8%Home Owners
LABOR FORCE

 

53.3%White Collar
46.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,165 per month.

MY RENT : $1,165 MEDIAN RENT : $1,205

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 4.2%
$1,000-1,499 80.8%
>=$1,500 15.0%
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 $1,165 would therefore be considered affordable for annual household incomes greater than $46,600 (12 months x 3.333 x $1,165).

Rent % Affordability
Above $500 85.5%
Above $700 78.5%
Above $1,100 65.3%
Above $1,500 50.0%
Above $1,900 37.9%
HOUSEHOLD INCOME RANGE

Approximately 7,847 of households in this neighborhood have a total annual income of $46,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,165 per month.

MINIMUM INCOME RANGE : $46,600

Income % Distribution
<$20K 14.5%
$20K-$35K 12.9%
$35K-$60K 22.6%
$60K-$100K 26.3%
>=$100K 23.6%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.1%
10-14 mins 6.3%
15-19 mins 10.4%
20-29 mins 16.9%
30-44 mins 27.7%
45-59 mins 14.9%
>60 mins 19.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,165 per month.

MY RENT : $1,165 MEDIAN RENT : $1,205

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 4.2%
$1,000-1,499 80.8%
>=$1,500 15.0%
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 $1,165 would therefore be considered affordable for annual household incomes greater than $46,600 (12 months x 3.333 x $1,165).

Rent % Affordability
Above $500 85.5%
Above $700 78.5%
Above $1,100 65.3%
Above $1,500 50.0%
Above $1,900 37.9%
HOUSEHOLD INCOME RANGE

Approximately 7,847 of households in this neighborhood have a total annual income of $46,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,165 per month.

MINIMUM INCOME RANGE : $46,600

Income % Distribution
<$20K 14.5%
$20K-$35K 12.9%
$35K-$60K 22.6%
$60K-$100K 26.3%
>=$100K 23.6%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.1%
10-14 mins 6.3%
15-19 mins 10.4%
20-29 mins 16.9%
30-44 mins 27.7%
45-59 mins 14.9%
>60 mins 19.6%

CAPITOL HEIGHTS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Educational Services 8.9%
Health Care & Social Assistance 10.9%
Public Administration 14.6%
Retail & Wholesale Trader 11.7%
Transportation 8.9%
Other 36.4%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 32% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 19.5%
15-19 6.1%
20-24 6.4%
25-44 28.2%
45-65 26.3%
66+ 13.4%
OCCUPATION

Occupation % Distribution
Healthcare 5.6%
Management, Business, & Financial 14.0%
Natural Resources Maintenance 9.4%
Production & Transportation 12.5%
Protect 7.2%
Sales & Office 26.9%
Other 24.4%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.2%
High School 37.4%
Masters Degree 6.3%
Some College 24.9%
Some High School 14.8%
Other 11.3%

6008 Jefferson Heights Dr Comps

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6008 Jefferson Heights Dr, Fairmount Heights, MD 20743 is a single family home of 912 sqft. HomeUnion INVESTimateĀ® for 6008 Jefferson Heights Dr includes a Price Estimate of $157,299 and a Rent Estimate of $1,326. This single family home has 0 bedrooms,2 bathrooms, and was built in 1938. This property has an estimated 15 year annualized Yield of 10.12% and Total Return of 27.23%. The estimated 1 year forecast in home value for 6008 Jefferson Heights Dr is 6.53%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , PRINCE GEORGES County , or the 20743 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2