INVESTimate
$51,238
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1294 Sw 12th St PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $113.34
CONSTRUCTION
- Beds : 0
- Floor Size : 1,323 sqft
- Baths : 0 Full
1294 Sw 12th St SCHOOLS
Financial Details
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ONTARIO
Neighborhood : ONTARIO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 73% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,043 per month.
MY RENT : $1,043 MEDIAN RENT : $1,077
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 $1,043 would therefore be considered affordable for annual household incomes greater than $41,720 (12 months x 3.333 x $1,043).
HOUSEHOLD INCOME RANGE
Approximately 2,206 of households in this neighborhood have a total annual income of $41,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,043 per month.
MINIMUM INCOME RANGE : $41,720
COMMUTE TIME DISTRIBUTION
33% of the working population has a commute time of 15 to 44 minutes, 56% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
ONTARIO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.3% |
Arts & Entertainment | 14.6% |
Educational Services | 7.0% |
Health Care & Social Assistance | 13.6% |
Manufacturing | 9.9% |
Retail & Wholesale Trader | 16.3% |
Other | 30.3% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 34% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.6% |
15-19 | 5.7% |
20-24 | 8.7% |
25-44 | 26.7% |
45-65 | 23.2% |
66+ | 16.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 8.8% |
Healthcare | 6.7% |
Management, Business, & Financial | 14.2% |
Natural Resources Maintenance | 16.9% |
Production & Transportation | 14.3% |
Sales & Office | 19.2% |
Other | 20.0% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.7% |
High School | 30.0% |
Masters Degree | 3.5% |
Some College | 29.5% |
Some High School | 18.8% |
Other | 9.5% |
1294 Sw 12th St Comps
1294 Sw 12th St, Ontario, OR 97914 is a single family home of 1,323 sqft. HomeUnion INVESTimateĀ® for 1294 Sw 12th St includes a Price Estimate of $149,955 and a Rent Estimate of $1,043. This single family home has 0 bedrooms,0 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 8.35% and Total Return of 16.94%. The estimated 1 year forecast in home value for 1294 Sw 12th St is 2.06%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , MALHEUR County , or the 97914 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2