INVESTimate
$40,171
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1004 Emerald Rd PROPERTY INFO
FACTS
- Built In 1962
- Price/Sqft : $62.61
CONSTRUCTION
- Beds : 3
- Floor Size : 1,728 sqft
- Baths : 2 Full
1004 Emerald Rd SCHOOLS
Financial Details
See Financial Details
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PAULDING
Neighborhood : PAULDING
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,059 per month.
MY RENT : $1,059 MEDIAN RENT : $917
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 $1,059 would therefore be considered affordable for annual household incomes greater than $42,360 (12 months x 3.333 x $1,059).
HOUSEHOLD INCOME RANGE
Approximately 1,119 of households in this neighborhood have a total annual income of $42,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,059 per month.
MINIMUM INCOME RANGE : $42,360
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
PAULDING Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 5.7% |
Health Care & Social Assistance | 14.8% |
Manufacturing | 27.1% |
Professional & Scientific Tech Services | 5.6% |
Retail & Wholesale Trader | 12.0% |
Transportation | 5.6% |
Other | 29.3% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.1% |
15-19 | 5.0% |
20-24 | 5.4% |
25-44 | 22.1% |
45-65 | 27.9% |
66+ | 18.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 7.1% |
Management, Business, & Financial | 10.3% |
Natural Resources Maintenance | 14.2% |
PCare | 4.5% |
Production & Transportation | 33.2% |
Sales & Office | 16.4% |
Other | 14.3% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.0% |
High School | 49.0% |
Masters Degree | 3.5% |
Some College | 17.8% |
Some High School | 13.3% |
Other | 9.5% |
1004 Emerald Rd Comps
1004 Emerald Rd, Paulding, OH 45879 is a single family home of 1,728 sqft. HomeUnion INVESTimateĀ® for 1004 Emerald Rd includes a Price Estimate of $108,191 and a Rent Estimate of $1,045. This single family home has 3 bedrooms,2 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 11.59% and Total Return of 20.55%. The estimated 1 year forecast in home value for 1004 Emerald Rd is 1.46%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , PAULDING County , or the 45879 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2