INVESTimate
$40,297
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219 W 11th St PROPERTY INFO
FACTS
- Built In 1996
- Price/Sqft : $88.21
CONSTRUCTION
- Beds : 3
- Floor Size : 1,232 sqft
- Baths : 1 Full
219 W 11th St SCHOOLS
Financial Details
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WELLSTON
Neighborhood : WELLSTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $870 per month.
MY RENT : $870 MEDIAN RENT : $728
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 $870 would therefore be considered affordable for annual household incomes greater than $34,800 (12 months x 3.333 x $870).
HOUSEHOLD INCOME RANGE
Approximately 6,857 of households in this neighborhood have a total annual income of $34,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $870 per month.
MINIMUM INCOME RANGE : $34,800
COMMUTE TIME DISTRIBUTION
43% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
WELLSTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 6.9% |
Educational Services | 9.0% |
Financial Industries | 5.2% |
Health Care & Social Assistance | 20.7% |
Manufacturing | 28.6% |
Retail & Wholesale Trader | 11.3% |
Other | 18.2% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 33% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.3% |
15-19 | 5.1% |
20-24 | 6.0% |
25-44 | 26.4% |
45-65 | 23.7% |
66+ | 16.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.5% |
Healthcare | 13.9% |
Management, Business, & Financial | 11.3% |
Natural Resources Maintenance | 11.1% |
Production & Transportation | 28.5% |
Sales & Office | 15.0% |
Other | 14.5% |
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 | 40.1% |
Masters Degree | 4.4% |
Some College | 16.0% |
Some High School | 20.7% |
Other | 10.1% |
219 W 11th St Comps
219 W 11th St, Wellston, OH 45692 is a single family home of 1,232 sqft. HomeUnion INVESTimate® for 219 W 11th St includes a Price Estimate of $108,669 and a Rent Estimate of $870. This single family home has 3 bedrooms,1 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 9.61% and Total Return of 16.14%. The estimated 1 year forecast in home value for 219 W 11th St is 2.5%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, JACKSON County, or the 45692 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2