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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

249 N Main St Ostrander, OH 43061

3 Beds 1 Baths 1,176 sqft Built 1970
Last updated:  May 30, 2018

INVESTimate

$150,982

$143K - $159K

Price Est.

$1,210

$1.1K - $1.3K

Rent Est.

$160,720  ( +6.45%)   1 YR EST. FORECAST
  
  
  

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249 N Main St PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $128.39
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,176 sqft
  • Baths : 1 Full

249 N Main St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BUCKEYE VALLEY LOCAL HIGH SCHOOL High Regular 662 42 7

BUCKEYE VALLEY LOCAL HIGH SCHOOL

  • Education Level: High
  • # of students: 662
  • # of teachers: 42
7
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

OSTRANDER

  • 4,247

    POPULATION
  • 1,561

    HOUSEHOLDS
  • 70.6%

    WHITE COLLAR

Neighborhood : OSTRANDER

HOUSEHOLDS
1,561
POPULATION

4,247

9.8%Renters
90.2%Home Owners
LABOR FORCE

 

70.6%White Collar
29.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,210 per month.

MY RENT : $1,210 MEDIAN RENT : $1,723

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.8%
$900-999 1.4%
$1,000-1,499 28.0%
>=$1,500 69.8%
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 $1,210 would therefore be considered affordable for annual household incomes greater than $48,400 (12 months x 3.333 x $1,210).

Rent % Affordability
Above $500 96.9%
Above $700 91.5%
Above $1,100 75.7%
Above $1,500 65.9%
Above $1,900 54.0%
HOUSEHOLD INCOME RANGE

Approximately 1,091 of households in this neighborhood have a total annual income of $48,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,210 per month.

MINIMUM INCOME RANGE : $48,400

Income % Distribution
<$20K 3.1%
$20K-$35K 11.0%
$35K-$60K 20.0%
$60K-$100K 25.9%
>=$100K 40.0%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 4.8%
10-14 mins 6.8%
15-19 mins 16.2%
20-29 mins 21.8%
30-44 mins 31.2%
45-59 mins 11.6%
>60 mins 5.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,210 per month.

MY RENT : $1,210 MEDIAN RENT : $1,723

Rent % Distribution
$500-699 0.0%
$700-899 0.8%
$900-999 1.4%
$1,000-1,499 28.0%
>=$1,500 69.8%
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 $1,210 would therefore be considered affordable for annual household incomes greater than $48,400 (12 months x 3.333 x $1,210).

Rent % Affordability
Above $500 96.9%
Above $700 91.5%
Above $1,100 75.7%
Above $1,500 65.9%
Above $1,900 54.0%
HOUSEHOLD INCOME RANGE

Approximately 1,091 of households in this neighborhood have a total annual income of $48,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,210 per month.

MINIMUM INCOME RANGE : $48,400

Income % Distribution
<$20K 3.1%
$20K-$35K 11.0%
$35K-$60K 20.0%
$60K-$100K 25.9%
>=$100K 40.0%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 4.8%
10-14 mins 6.8%
15-19 mins 16.2%
20-29 mins 21.8%
30-44 mins 31.2%
45-59 mins 11.6%
>60 mins 5.6%

OSTRANDER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.4%
Financial Industries 10.5%
Health Care & Social Assistance 11.1%
Manufacturing 16.2%
Professional & Scientific Tech Services 6.9%
Retail & Wholesale Trader 11.0%
Other 36.9%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 28% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 18.2%
15-19 6.1%
20-24 3.7%
25-44 24.3%
45-65 32.6%
66+ 15.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.2%
Construction 5.2%
Management, Business, & Financial 28.3%
Natural Resources Maintenance 9.3%
Production & Transportation 11.5%
Sales & Office 20.7%
Other 15.8%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.9%
High School 35.2%
Masters Degree 7.9%
Some College 20.3%
Some High School 3.0%
Other 27.7%

249 N Main St Comps

Sorry, we do not have sufficient data available.

249 N Main St, Ostrander, OH 43061 is a single family home of 1,176 sqft. HomeUnion INVESTimate® for 249 N Main St includes a Price Estimate of $150,982 and a Rent Estimate of $1,210. This single family home has 3 bedrooms,1 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 9.62% and Total Return of 24.20%. The estimated 1 year forecast in home value for 249 N Main St is 6.45%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, DELAWARE County, or the 43061 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2