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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

8348 State Route 559 East Liberty, OH 43319

3 Beds 2 Baths 1,545 sqft Built 1988
Last updated:  May 30, 2018

INVESTimate

$168,714

$157K - $181K

Price Est.

$1,253

$1.1K - $1.4K

Rent Est.

$172,932  ( +2.5%)   1 YR EST. FORECAST

Browse real estate investments on State Route 559

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8348 State Route 559 PROPERTY INFO

FACTS
  • Built In 1988
  • Price/Sqft : $109.20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,545 sqft
  • Baths : 2 Full

8348 State Route 559 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BENJAMIN LOGAN MIDDLE SCHOOL Primary Regular 577 37 8
BENJAMIN LOGAN MIDDLE SCHOOL Middle Regular 577 37 8
BENJAMIN LOGAN HIGH SCHOOL High Regular 541 36 5

BENJAMIN LOGAN MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 577
  • # of teachers: 37
8
GreatSchools Rating

BENJAMIN LOGAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 577
  • # of teachers: 37
8
GreatSchools Rating

BENJAMIN LOGAN HIGH SCHOOL

  • Education Level: High
  • # of students: 541
  • # of teachers: 36
5
GreatSchools Rating
 

Financial Details

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Neighborhood

EAST LIBERTY

  • 1,061

    POPULATION
  • 447

    HOUSEHOLDS
  • 44.7%

    WHITE COLLAR

Neighborhood : EAST LIBERTY

HOUSEHOLDS
447
POPULATION

1,061

8.4%Renters
91.6%Home Owners
LABOR FORCE

 

44.7%White Collar
55.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,253 per month.

MY RENT : $1,253 MEDIAN RENT : $1,094

Rent % Distribution LEVEL
$500-699 11.0%
$700-899 17.4%
$900-999 9.8%
$1,000-1,499 47.3%
>=$1,500 14.6%
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 $1,253 would therefore be considered affordable for annual household incomes greater than $50,120 (12 months x 3.333 x $1,253).

Rent % Affordability
Above $500 91.7%
Above $700 88.3%
Above $1,100 80.0%
Above $1,500 68.1%
Above $1,900 48.8%
HOUSEHOLD INCOME RANGE

Approximately 317 of households in this neighborhood have a total annual income of $50,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,253 per month.

MINIMUM INCOME RANGE : $50,120

Income % Distribution
<$20K 8.3%
$20K-$35K 4.7%
$35K-$60K 18.9%
$60K-$100K 33.5%
>=$100K 34.6%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 13.7%
10-14 mins 16.2%
15-19 mins 17.4%
20-29 mins 27.0%
30-44 mins 13.5%
45-59 mins 8.1%
>60 mins 2.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,253 per month.

MY RENT : $1,253 MEDIAN RENT : $1,094

Rent % Distribution
$500-699 11.0%
$700-899 17.4%
$900-999 9.8%
$1,000-1,499 47.3%
>=$1,500 14.6%
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 $1,253 would therefore be considered affordable for annual household incomes greater than $50,120 (12 months x 3.333 x $1,253).

Rent % Affordability
Above $500 91.7%
Above $700 88.3%
Above $1,100 80.0%
Above $1,500 68.1%
Above $1,900 48.8%
HOUSEHOLD INCOME RANGE

Approximately 317 of households in this neighborhood have a total annual income of $50,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,253 per month.

MINIMUM INCOME RANGE : $50,120

Income % Distribution
<$20K 8.3%
$20K-$35K 4.7%
$35K-$60K 18.9%
$60K-$100K 33.5%
>=$100K 34.6%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 13.7%
10-14 mins 16.2%
15-19 mins 17.4%
20-29 mins 27.0%
30-44 mins 13.5%
45-59 mins 8.1%
>60 mins 2.1%

EAST LIBERTY Demographics

INDUSTRY

Industry % Distribution
Administrative Support 4.1%
Health Care & Social Assistance 15.5%
Manufacturing 35.8%
Professional & Scientific Tech Services 7.6%
Retail & Wholesale Trader 9.9%
Transportation 7.2%
Other 19.9%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 28% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 17.7%
15-19 6.1%
20-24 4.3%
25-44 20.7%
45-65 36.7%
66+ 14.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.0%
Healthcare 13.1%
Management, Business, & Financial 11.0%
Natural Resources Maintenance 10.6%
Production & Transportation 36.9%
Sales & Office 15.3%
Other 8.1%
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 9.3%
High School 50.8%
Masters Degree 4.6%
Some College 19.2%
Some High School 2.3%
Other 13.8%

8348 State Route 559 Comps

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8348 State Route 559, East Liberty, OH 43319 is a single family home of 1,545 sqft. HomeUnion INVESTimate® for 8348 State Route 559 includes a Price Estimate of $168,714 and a Rent Estimate of $1,253. This single family home has 3 bedrooms,2 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 8.91% and Total Return of 21.02%. The estimated 1 year forecast in home value for 8348 State Route 559 is 2.5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, LOGAN County, or the 43319 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2