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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

Glade Rd Friendsville, MD 21531

0 Beds 1 Baths 500 sqft Built 1965
Last updated:  May 30, 2018

INVESTimate

$227,364

$191K - $264K

Price Est.

$805

703 - 907

Rent Est.

$232,230  ( +2.14%)   1 YR EST. FORECAST
  
  
  

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Glade Rd PROPERTY INFO

FACTS
  • Built In 1965
  • Price/Sqft : $454.73
CONSTRUCTION
  • Beds : 0
  • Floor Size : 500 sqft
  • Baths : 1 Full

Glade Rd 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 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $847 per month.

MY RENT : $847 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 $847 would therefore be considered affordable for annual household incomes greater than $33,880 (12 months x 3.333 x $847).

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 2,028 of households in this neighborhood have a total annual income of $33,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $847 per month.

MINIMUM INCOME RANGE : $33,880

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 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $847 per month.

MY RENT : $847 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 $847 would therefore be considered affordable for annual household incomes greater than $33,880 (12 months x 3.333 x $847).

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 2,028 of households in this neighborhood have a total annual income of $33,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $847 per month.

MINIMUM INCOME RANGE : $33,880

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%

Glade Rd Comps

Sorry, we do not have sufficient data available.

Glade Rd, Friendsville, MD 21531 is a single family home of 500 sqft. HomeUnion INVESTimateĀ® for Glade Rd includes a Price Estimate of $227,364 and a Rent Estimate of $805. This single family home has 0 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 4.25% and Total Return of 6.60%. The estimated 1 year forecast in home value for Glade Rd is 2.14%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , GARRETT County , or the 21531 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2