INVESTimate
$38,422
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9832 Smith Rd PROPERTY INFO
FACTS
- Built In 1956
- Price/Sqft : $111.64
CONSTRUCTION
- Beds : 0
- Floor Size : 910 sqft
- Baths : 1 Full
9832 Smith Rd SCHOOLS
Financial Details
See Financial Details
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WOODSBORO
Neighborhood : WOODSBORO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,023 per month.
MY RENT : $1,023 MEDIAN RENT : $1,578
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 $1,023 would therefore be considered affordable for annual household incomes greater than $40,920 (12 months x 3.333 x $1,023).
HOUSEHOLD INCOME RANGE
Approximately 559 of households in this neighborhood have a total annual income of $40,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,023 per month.
MINIMUM INCOME RANGE : $40,920
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.
WOODSBORO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.4% |
Construction | 8.9% |
Educational Services | 8.7% |
Health Care & Social Assistance | 10.9% |
Professional & Scientific Tech Services | 10.3% |
Retail & Wholesale Trader | 12.1% |
Other | 40.8% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.8% |
15-19 | 7.3% |
20-24 | 4.8% |
25-44 | 20.3% |
45-65 | 33.5% |
66+ | 18.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.6% |
Healthcare | 5.1% |
Management, Business, & Financial | 22.6% |
Natural Resources Maintenance | 18.9% |
Production & Transportation | 12.0% |
Sales & Office | 19.3% |
Other | 14.5% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.3% |
High School | 35.2% |
Masters Degree | 10.0% |
Some College | 18.9% |
Some High School | 12.5% |
Other | 17.0% |
9832 Smith Rd Comps
9832 Smith Rd, Woodsboro, MD 21798 is a single family home of 910 sqft. HomeUnion INVESTimateĀ® for 9832 Smith Rd includes a Price Estimate of $101,592 and a Rent Estimate of $1,168. This single family home has 0 bedrooms,1 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 13.80% and Total Return of 28.47%. The estimated 1 year forecast in home value for 9832 Smith Rd is 2.11%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , FREDERICK County , or the 21798 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2