Property Management in Devon, Pennsylvania
Located over 20 miles from the heart of Philadelphia, Pennsylvania, Devon is a census-designed place (CDP) that is home to over 1,560 residents as of July 1, 2016. Development in the area began in the 19th century. Since the Revolutionary War era, this stretch of land was mostly uninhabited. There was only one road, Conestoga Road, which spanned from Lancaster to what is now Philadelphia. There are still several pre-Revolutionary War homes standing in the area and are considered important historical landmarks.
Devon, Pennsylvania Details
Philadelphia and outlying areas provide much to do in the way of entertainment, enrichment, and restaurants. Valley Forge National Historical Park is a Revolutionary War site that, in the winter 1777 and 1778, functioned as the encampment for the Continental Army. Here, visitors can learn about the people of the Revolutionary War, explore collections of historical documents and other artifacts, and witness Pennsylvania wildlife at its finest.
There is an annual Horse Show & Country Fair that runs from the last week of May through the first week of June. The first Horse Show was held for one day in 1896, and it gained so much popularity over the years that, in 1919, it was made into a county fair. The event has grown so much that it now lasts two weeks and is staffed by over 2,000 volunteers. The beneficiary of the Horse Show & Country Fair is Bryn Mawr Hospital.
Nearby Philly also hosts a number of restaurants and breweries. There are brewery tours available for those who are interested in tasting the night life in and around Philly.
Here, annual crime is 90 percent lower than the national average, making this area safer than 93 percent of cities in the United States. Citizens only have a 1 in 335 chance of becoming a victim of any type of crime. The most prevalent type of crime is property crime, which is estimated to have about 254 cases per year, which is minimal compared to the national annual average of 2,487. Residents can rest easy knowing that they have an incredibly low chance of being victims of violent crimes.
Devon Property Manager
In this small but slowly growing community, the median income for households is $104,745. This is significantly higher than the United States’ national median household income of $55,775 in 2015. On the average, a household income in Devon hovers around $137,000. There is a per capita income of $53,040. While the area has a small population, it boasts a total of 582 households and a total of 596 housing units, the majority of which (432 housing units) are owned as opposed to rented. The median home value is $477,344 with the average home valuing at around $557,000.
Most of the families who live in this area are small in number of members per family. The average family size is three people per family household. The majority of residents are children between the ages of 5 and 17 years of age. The majority (about 83 percent) of residents are White. 2 percent are black, 5 percent are Asian, 7 percent are Latino or Hispanic, and 3 percent identify as another race or as being bi- or multi-racial.
Education is a major aspect of life in this area. 99 percent of adults are high school graduates, and 84 percent have received a Bachelor’s degree. In terms of elementary and secondary education, there are currently 450 students enrolled in area schools. High school students can attend nearby Coatesville Senior High school, which is the largest public high school in the area. The largest public middle school is Lionville Middle School. The largest public elementary school is Penn London Elementary School. There are also private school options, including multiple religiously-based schools.
Housing in the area is not by any means cheap. Home owners with mortgages face a monthly cost of around $2,859; this is much higher than the national average of just over $1,000 per month for those with home loans. Approximately 25 percent of renters and 68.5 percent of owners pay less than 30 percent of their earned income to household expenses. Some of the more expensive homes on the market price at over $1,000,000.
Most homes in the area are relatively new. In fact, 78.9 percent of homes were built after 1990. Most housing units are fit for small to medium sized families, as 95.4 percent of all homes have at least three bedrooms.
Devon Property Management
Our property management team specializes in residential areas throughout Devon, PA. We offer multiple services to take your rental property and convert it into reliable income. We have a thorough screening process that helps to identify the right tenants for your property. Our team works hard to keep both parties happy through effective communication, bullet proof lease agreements, and timely monthly rent collection. We offer maintenance services to enhance the property and ensure that it will retain or increase in value. We oversee everything, allowing you to sit back and relax and know that your property and your tenants are in good hands.
Contact us today if you are ready to receive a comprehensive analysis of your rental property and to inquire about our Devon area property management services.
I have been so impressed with not only the quality of service, but the punctual service and communication skills that I have seen through Keyrenter. I would absolutely recommend using Keyrenter.
Kimber C., Satisfied Client
Keyrenter is very organized. I have had several problems with my condo, and Keyrenter has been on top of everything. I can’t say enough good things about the company.
Steve S., Satisfied Client
I'm absolutely delighted with how easy Keyrenter made everything for me. From start to getting a renter into my house, it's all been convenient and simple. Great company, great service, great people!
Lorrie M., Satisfied Client
I've been a tenant with Keyrenter for the past 5 years. They have always been prompt in dealing with issues I've raised up and in responding to my requests for repairs and maintenance.
Tadd D., Satisfied Tenant
PROVEN AND TRUSTED