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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

25 Alma Ln North Lewisburg, OH 43060

3 Beds 2 Baths 1,486 sqft Built 1973
Last updated:  Jun 30, 2018

INVESTimate

$118,707

$113K - $125K

Price Est.

$1,113

950 - $1.3K

Rent Est.

$121,675  ( +2.5%)   1 YR EST. FORECAST

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25 Alma Ln PROPERTY INFO

FACTS
  • Built In 1973
  • Price/Sqft : $79.88
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,486 sqft
  • Baths : 2 Full

25 Alma Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TRIAD MIDDLE SCHOOL Primary Regular 343 19 6
TRIAD MIDDLE SCHOOL Middle Regular 343 19 6
TRIAD HIGH SCHOOL High Regular 293 21 7

TRIAD MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 343
  • # of teachers: 19
6
GreatSchools Rating

TRIAD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 343
  • # of teachers: 19
6
GreatSchools Rating

TRIAD HIGH SCHOOL

  • Education Level: High
  • # of students: 293
  • # of teachers: 21
7
GreatSchools Rating
 

Financial Details

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Neighborhood

NORTH LEWISBURG

  • 2,506

    POPULATION
  • 901

    HOUSEHOLDS
  • 44.0%

    WHITE COLLAR

Neighborhood : NORTH LEWISBURG

HOUSEHOLDS
901
POPULATION

2,506

23.2%Renters
76.8%Home Owners
LABOR FORCE

 

44.0%White Collar
56.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,113 per month.

MY RENT : $1,113 MEDIAN RENT : $994

Rent % Distribution LEVEL
$500-699 8.1%
$700-899 21.8%
$900-999 21.2%
$1,000-1,499 44.8%
>=$1,500 4.1%
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 $1,113 would therefore be considered affordable for annual household incomes greater than $44,520 (12 months x 3.333 x $1,113).

Rent % Affordability
Above $500 90.6%
Above $700 85.3%
Above $1,100 68.0%
Above $1,500 50.6%
Above $1,900 36.7%
HOUSEHOLD INCOME RANGE

Approximately 525 of households in this neighborhood have a total annual income of $44,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,113 per month.

MINIMUM INCOME RANGE : $44,520

Income % Distribution
<$20K 9.4%
$20K-$35K 9.6%
$35K-$60K 30.5%
$60K-$100K 32.1%
>=$100K 18.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.3%
5-9 mins 6.4%
10-14 mins 13.1%
15-19 mins 18.7%
20-29 mins 23.8%
30-44 mins 17.6%
45-59 mins 8.0%
>60 mins 5.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,113 per month.

MY RENT : $1,113 MEDIAN RENT : $994

Rent % Distribution
$500-699 8.1%
$700-899 21.8%
$900-999 21.2%
$1,000-1,499 44.8%
>=$1,500 4.1%
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 $1,113 would therefore be considered affordable for annual household incomes greater than $44,520 (12 months x 3.333 x $1,113).

Rent % Affordability
Above $500 90.6%
Above $700 85.3%
Above $1,100 68.0%
Above $1,500 50.6%
Above $1,900 36.7%
HOUSEHOLD INCOME RANGE

Approximately 525 of households in this neighborhood have a total annual income of $44,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,113 per month.

MINIMUM INCOME RANGE : $44,520

Income % Distribution
<$20K 9.4%
$20K-$35K 9.6%
$35K-$60K 30.5%
$60K-$100K 32.1%
>=$100K 18.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.3%
5-9 mins 6.4%
10-14 mins 13.1%
15-19 mins 18.7%
20-29 mins 23.8%
30-44 mins 17.6%
45-59 mins 8.0%
>60 mins 5.1%

NORTH LEWISBURG Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.7%
Construction 6.3%
Health Care & Social Assistance 13.6%
Manufacturing 30.8%
Retail & Wholesale Trader 9.3%
Transportation 9.3%
Other 24.9%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 34% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 23.7%
15-19 6.3%
20-24 4.5%
25-44 27.0%
45-65 27.2%
66+ 11.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.5%
Healthcare 8.6%
Management, Business, & Financial 11.4%
Natural Resources Maintenance 8.8%
Production & Transportation 37.7%
Sales & Office 16.5%
Other 11.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.0%
High School 50.5%
Masters Degree 2.2%
Some College 17.6%
Some High School 8.1%
Other 10.5%

25 Alma Ln Comps

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25 Alma Ln, North Lewisburg, OH 43060 is a single family home of 1,486 sqft. HomeUnion INVESTimate® for 25 Alma Ln includes a Price Estimate of $118,707 and a Rent Estimate of $1,113. This single family home has 3 bedrooms,2 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 11.25% and Total Return of 19.99%. The estimated 1 year forecast in home value for 25 Alma Ln is 2.5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, CHAMPAIGN County, or the 43060 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2