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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

925 Litchfield Rd Idlewylde, MD 21239

0 Beds 2 Baths 2,100 sqft Built 1948
Last updated:  Jun 30, 2018

INVESTimate

$361,762

$338K - $386K

Price Est.

$1,812

$1.7K - $2.0K

Rent Est.

$380,646  ( +5.22%)   1 YR EST. FORECAST
  
  
  

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925 Litchfield Rd PROPERTY INFO

FACTS
  • Built In 1948
  • Price/Sqft : $172.27
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,100 sqft
  • Baths : 2 Full

925 Litchfield Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
STONELEIGH ELEMENTARY SCHOOL Primary Regular 676 39 10
DUMBARTON MIDDLE SCHOOL Middle Regular 915 57 9
TOWSON HIGH SCHOOL LAW AND PUBLIC POLICY High Magnet 1,415 82 9

STONELEIGH ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 676
  • # of teachers: 39
10
GreatSchools Rating

DUMBARTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 915
  • # of teachers: 57
9
GreatSchools Rating

TOWSON HIGH SCHOOL LAW AND PUBLIC POLICY

  • Education Level: High
  • # of students: 1,415
  • # of teachers: 82
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Idlewydle

  • 2,420

    POPULATION
  • 822

    HOUSEHOLDS
  • 85.2%

    WHITE COLLAR

Neighborhood : Idlewydle

HOUSEHOLDS
822
POPULATION

2,420

18.5%Renters
81.5%Home Owners
LABOR FORCE

 

85.2%White Collar
14.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,972 per month.

MY RENT : $1,972 MEDIAN RENT : $1,539

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 34.4%
>=$1,500 65.5%
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 $1,972 would therefore be considered affordable for annual household incomes greater than $78,880 (12 months x 3.333 x $1,972).

Rent % Affordability
Above $500 92.8%
Above $700 85.7%
Above $1,100 72.1%
Above $1,500 66.4%
Above $1,900 59.7%
HOUSEHOLD INCOME RANGE

Approximately 422 of households in this neighborhood have a total annual income of $78,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,972 per month.

MINIMUM INCOME RANGE : $78,880

Income % Distribution
<$20K 7.2%
$20K-$35K 10.8%
$35K-$60K 15.6%
$60K-$100K 19.0%
>=$100K 47.4%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 2.9%
10-14 mins 8.6%
15-19 mins 12.7%
20-29 mins 22.3%
30-44 mins 27.2%
45-59 mins 16.3%
>60 mins 8.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,972 per month.

MY RENT : $1,972 MEDIAN RENT : $1,539

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 34.4%
>=$1,500 65.5%
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 $1,972 would therefore be considered affordable for annual household incomes greater than $78,880 (12 months x 3.333 x $1,972).

Rent % Affordability
Above $500 92.8%
Above $700 85.7%
Above $1,100 72.1%
Above $1,500 66.4%
Above $1,900 59.7%
HOUSEHOLD INCOME RANGE

Approximately 422 of households in this neighborhood have a total annual income of $78,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,972 per month.

MINIMUM INCOME RANGE : $78,880

Income % Distribution
<$20K 7.2%
$20K-$35K 10.8%
$35K-$60K 15.6%
$60K-$100K 19.0%
>=$100K 47.4%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 2.9%
10-14 mins 8.6%
15-19 mins 12.7%
20-29 mins 22.3%
30-44 mins 27.2%
45-59 mins 16.3%
>60 mins 8.6%

Idlewydle Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Educational Services 25.0%
Health Care & Social Assistance 13.7%
Professional & Scientific Tech Services 8.1%
Public Administration 10.2%
Retail & Wholesale Trader 9.7%
Other 24.9%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 40% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 23.7%
15-19 7.6%
20-24 8.8%
25-44 26.0%
45-65 23.3%
66+ 10.7%
OCCUPATION

Occupation % Distribution
Adesm 6.0%
Computer Engineering 13.9%
Construction 12.6%
Healthcare 9.2%
Management, Business, & Financial 26.5%
Sales & Office 12.6%
Other 19.1%
HIGHEST EDUCATION LEVEL

44% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 7.3%
High School 18.5%
Masters Degree 25.7%
Professional 6.5%
Some College 12.0%
Other 29.9%

925 Litchfield Rd Comps

Sorry, we do not have sufficient data available.

925 Litchfield Rd, Idlewylde, MD 21239 is a single family home of 2,100 sqft. HomeUnion INVESTimateĀ® for 925 Litchfield Rd includes a Price Estimate of $361,762 and a Rent Estimate of $1,812. This single family home has 0 bedrooms,2 bathrooms, and was built in 1948. This property has an estimated 15 year annualized Yield of 6.01% and Total Return of 15.57%. The estimated 1 year forecast in home value for 925 Litchfield Rd is 5.22%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , BALTIMORE County , or the 21239 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2