Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

107 S Jackson St Spencer, OH 44275

2 Beds 2 Baths 1,356 sqft Built 1900
Last updated:  Jul 30, 2018

INVESTimate

$80,534

$75.4K - $85.6K

Price Est.

$1,176

$1.1K - $1.2K

Rent Est.

$82,958  ( +3.01%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

107 S Jackson St PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $59.39
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,356 sqft
  • Baths : 1 Full 1 Half

107 S Jackson St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BLACK RIVER EDUCATION CENTER ELEMENTARY SCHOOL Primary Regular 607 34 4
BLACK RIVER EDUCATION CENTER MIDDLE SCHOOL Middle Regular 350 22 8
BLACK RIVER HIGH SCHOOL High Regular 370 25 8

BLACK RIVER EDUCATION CENTER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 607
  • # of teachers: 34
4
GreatSchools Rating

BLACK RIVER EDUCATION CENTER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 350
  • # of teachers: 22
8
GreatSchools Rating

BLACK RIVER HIGH SCHOOL

  • Education Level: High
  • # of students: 370
  • # of teachers: 25
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

SPENCER

  • 3,206

    POPULATION
  • 1,183

    HOUSEHOLDS
  • 61.5%

    WHITE COLLAR

Neighborhood : SPENCER

HOUSEHOLDS
1,183
POPULATION

3,206

14.9%Renters
85.1%Home Owners
LABOR FORCE

 

61.5%White Collar
38.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,097 per month.

MY RENT : $1,097 MEDIAN RENT : $1,518

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.1%
$900-999 1.9%
$1,000-1,499 46.1%
>=$1,500 51.9%
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 $1,097 would therefore be considered affordable for annual household incomes greater than $43,880 (12 months x 3.333 x $1,097).

Rent % Affordability
Above $500 90.1%
Above $700 83.4%
Above $1,100 69.3%
Above $1,500 55.0%
Above $1,900 42.0%
HOUSEHOLD INCOME RANGE

Approximately 730 of households in this neighborhood have a total annual income of $43,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,097 per month.

MINIMUM INCOME RANGE : $43,880

Income % Distribution
<$20K 9.9%
$20K-$35K 9.9%
$35K-$60K 25.2%
$60K-$100K 28.1%
>=$100K 26.9%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 1.5%
10-14 mins 9.0%
15-19 mins 9.6%
20-29 mins 22.6%
30-44 mins 23.9%
45-59 mins 19.9%
>60 mins 11.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,097 per month.

MY RENT : $1,097 MEDIAN RENT : $1,518

Rent % Distribution
$500-699 0.0%
$700-899 0.1%
$900-999 1.9%
$1,000-1,499 46.1%
>=$1,500 51.9%
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 $1,097 would therefore be considered affordable for annual household incomes greater than $43,880 (12 months x 3.333 x $1,097).

Rent % Affordability
Above $500 90.1%
Above $700 83.4%
Above $1,100 69.3%
Above $1,500 55.0%
Above $1,900 42.0%
HOUSEHOLD INCOME RANGE

Approximately 730 of households in this neighborhood have a total annual income of $43,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,097 per month.

MINIMUM INCOME RANGE : $43,880

Income % Distribution
<$20K 9.9%
$20K-$35K 9.9%
$35K-$60K 25.2%
$60K-$100K 28.1%
>=$100K 26.9%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 1.5%
10-14 mins 9.0%
15-19 mins 9.6%
20-29 mins 22.6%
30-44 mins 23.9%
45-59 mins 19.9%
>60 mins 11.3%

SPENCER Demographics

INDUSTRY

Industry % Distribution
Construction 6.8%
Educational Services 6.3%
Health Care & Social Assistance 17.9%
Manufacturing 17.5%
Retail & Wholesale Trader 12.1%
Transportation 8.2%
Other 31.2%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 18.2%
15-19 5.3%
20-24 7.3%
25-44 22.6%
45-65 30.0%
66+ 16.6%
OCCUPATION

Occupation % Distribution
Healthcare 7.0%
Management, Business, & Financial 21.3%
Natural Resources Maintenance 7.5%
PCare 5.7%
Production & Transportation 17.6%
Sales & Office 22.9%
Other 18.1%
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 9.8%
High School 48.0%
Masters Degree 5.1%
Some College 16.3%
Some High School 10.4%
Other 10.4%

107 S Jackson St Comps

Sorry, we do not have sufficient data available.

107 S Jackson St, Spencer, OH 44275 is a single family home of 1,356 sqft. HomeUnion INVESTimateĀ® for 107 S Jackson St includes a Price Estimate of $80,534 and a Rent Estimate of $1,176. This single family home has 2 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 17.52% and Total Return of 33.40%. The estimated 1 year forecast in home value for 107 S Jackson St is 3.01%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , MEDINA County , or the 44275 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Jackson S St

  1. 107 S Jackson St