Debt service ratio is essentially the ratio between your income and your debt payments. This ratio is important because it’s a simple way to measure how effectively you can handle your payments.
Cascumpec Home Price
The median asking price in Cascumpec is $186,200, less than the median three months ago which was $152,325 .
When our research team crunched the numbers we calculated that Cascumpec has a median home price of $186,200.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
From our data, it appears that neighbourhood is number 2634th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.
Is Cascumpec a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Cascumpec there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Cascumpec will hopefully provide an indicator to help you where to research in-depth
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