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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

6231 Greenfield Dr Mason, OH 45040

2 Beds 2 Baths 1,519 sqft Built 1957
Last updated:  Jul 30, 2018

INVESTimate

$165,901

$159K - $173K

Price Est.

$1,493

$1.4K - $1.6K

Rent Est.

$174,279  ( +5.05%)   1 YR EST. FORECAST
  
  
  

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6231 Greenfield Dr PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $109.22
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,519 sqft
  • Baths : 1 Full 1 Half

6231 Greenfield Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MASON INTERMEDIATE ELEMENTARY SCHOOL Primary Regular 2,673 129 10
MASON INTERMEDIATE ELEMENTARY SCHOOL Middle Regular 2,673 129 10
MASON MIDDLE SCHOOL High Regular 1,798 103 10

MASON INTERMEDIATE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 2,673
  • # of teachers: 129
10
GreatSchools Rating

MASON INTERMEDIATE ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 2,673
  • # of teachers: 129
10
GreatSchools Rating

MASON MIDDLE SCHOOL

  • Education Level: High
  • # of students: 1,798
  • # of teachers: 103
10
GreatSchools Rating
 

Financial Details

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Neighborhood

MASON

  • 53,816

    POPULATION
  • 19,498

    HOUSEHOLDS
  • 83.0%

    WHITE COLLAR

Neighborhood : MASON

HOUSEHOLDS
19,498
POPULATION

53,816

20.7%Renters
79.3%Home Owners
LABOR FORCE

 

83.0%White Collar
17.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,493 per month.

MY RENT : $1,493 MEDIAN RENT : $1,963

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 20.9%
>=$1,500 79.1%
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 $1,493 would therefore be considered affordable for annual household incomes greater than $59,720 (12 months x 3.333 x $1,493).

Rent % Affordability
Above $500 94.8%
Above $700 90.5%
Above $1,100 80.2%
Above $1,500 71.2%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 13,904 of households in this neighborhood have a total annual income of $59,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,493 per month.

MINIMUM INCOME RANGE : $59,720

Income % Distribution
<$20K 5.2%
$20K-$35K 8.4%
$35K-$60K 15.1%
$60K-$100K 22.2%
>=$100K 49.0%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 9.0%
10-14 mins 14.7%
15-19 mins 14.4%
20-29 mins 26.9%
30-44 mins 22.8%
45-59 mins 8.2%
>60 mins 2.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,493 per month.

MY RENT : $1,493 MEDIAN RENT : $1,963

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 20.9%
>=$1,500 79.1%
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 $1,493 would therefore be considered affordable for annual household incomes greater than $59,720 (12 months x 3.333 x $1,493).

Rent % Affordability
Above $500 94.8%
Above $700 90.5%
Above $1,100 80.2%
Above $1,500 71.2%
Above $1,900 60.2%
HOUSEHOLD INCOME RANGE

Approximately 13,904 of households in this neighborhood have a total annual income of $59,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,493 per month.

MINIMUM INCOME RANGE : $59,720

Income % Distribution
<$20K 5.2%
$20K-$35K 8.4%
$35K-$60K 15.1%
$60K-$100K 22.2%
>=$100K 49.0%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 9.0%
10-14 mins 14.7%
15-19 mins 14.4%
20-29 mins 26.9%
30-44 mins 22.8%
45-59 mins 8.2%
>60 mins 2.8%

MASON Demographics

INDUSTRY

Industry % Distribution
Educational Services 8.9%
Financial Industries 8.3%
Health Care & Social Assistance 11.9%
Manufacturing 18.9%
Professional & Scientific Tech Services 13.4%
Retail & Wholesale Trader 13.5%
Other 25.2%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 34% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 21.4%
15-19 9.0%
20-24 3.9%
25-44 24.3%
45-65 29.5%
66+ 11.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 14.7%
Construction 5.6%
Healthcare 7.3%
Management, Business, & Financial 31.0%
Production & Transportation 8.0%
Sales & Office 19.9%
Other 13.6%
HIGHEST EDUCATION LEVEL

31% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.6%
High School 17.1%
Masters Degree 17.9%
Professional 3.6%
Some College 12.1%
Other 41.7%

6231 Greenfield Dr Comps

Sorry, we do not have sufficient data available.

6231 Greenfield Dr, Mason, OH 45040 is a single family home of 1,519 sqft. HomeUnion INVESTimate® for 6231 Greenfield Dr includes a Price Estimate of $165,901 and a Rent Estimate of $1,493. This single family home has 2 bedrooms,2 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 10.80% and Total Return of 26.85%. The estimated 1 year forecast in home value for 6231 Greenfield Dr is 5.05%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, WARREN County, or the 45040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2