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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

1087 Section Line Road 30 Bellevue, OH 44811

4 Beds 2 Baths 2,490 sqft Built 1865
Last updated:  May 30, 2018

INVESTimate

$136,364

$117K - $156K

Price Est.

$1,293

$1.1K - $1.5K

Rent Est.

$141,587  ( +3.83%)   1 YR EST. FORECAST
  
  
  

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1087 Section Line Road 30 PROPERTY INFO

FACTS
  • Built In 1865
  • Price/Sqft : $54.76
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,490 sqft
  • Baths : 2 Full

1087 Section Line Road 30 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SENECA EAST ELEMENTARY SCHOOL Primary Regular 523 25 6
SENECA EAST ELEMENTARY SCHOOL Middle Regular 523 25 6
SENECA EAST MIDDLE-HIGH SCHOOL High Regular 302 16 8

SENECA EAST ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 523
  • # of teachers: 25
6
GreatSchools Rating

SENECA EAST ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 523
  • # of teachers: 25
6
GreatSchools Rating

SENECA EAST MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 302
  • # of teachers: 16
8
GreatSchools Rating
 

Financial Details

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Neighborhood

BELLEVUE

  • 12,481

    POPULATION
  • 4,950

    HOUSEHOLDS
  • 43.1%

    WHITE COLLAR

Neighborhood : BELLEVUE

HOUSEHOLDS
4,950
POPULATION

12,481

27.3%Renters
72.7%Home Owners
LABOR FORCE

 

43.1%White Collar
56.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,249 per month.

MY RENT : $1,249 MEDIAN RENT : $980

Rent % Distribution LEVEL
$500-699 5.4%
$700-899 29.7%
$900-999 19.0%
$1,000-1,499 43.4%
>=$1,500 2.5%
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 $1,249 would therefore be considered affordable for annual household incomes greater than $49,960 (12 months x 3.333 x $1,249).

Rent % Affordability
Above $500 87.7%
Above $700 79.5%
Above $1,100 60.9%
Above $1,500 47.1%
Above $1,900 30.3%
HOUSEHOLD INCOME RANGE

Approximately 2,532 of households in this neighborhood have a total annual income of $49,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,249 per month.

MINIMUM INCOME RANGE : $49,960

Income % Distribution
<$20K 12.3%
$20K-$35K 16.0%
$35K-$60K 24.7%
$60K-$100K 31.1%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 16.7%
10-14 mins 17.2%
15-19 mins 14.0%
20-29 mins 21.2%
30-44 mins 15.1%
45-59 mins 2.0%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,249 per month.

MY RENT : $1,249 MEDIAN RENT : $980

Rent % Distribution
$500-699 5.4%
$700-899 29.7%
$900-999 19.0%
$1,000-1,499 43.4%
>=$1,500 2.5%
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 $1,249 would therefore be considered affordable for annual household incomes greater than $49,960 (12 months x 3.333 x $1,249).

Rent % Affordability
Above $500 87.7%
Above $700 79.5%
Above $1,100 60.9%
Above $1,500 47.1%
Above $1,900 30.3%
HOUSEHOLD INCOME RANGE

Approximately 2,532 of households in this neighborhood have a total annual income of $49,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,249 per month.

MINIMUM INCOME RANGE : $49,960

Income % Distribution
<$20K 12.3%
$20K-$35K 16.0%
$35K-$60K 24.7%
$60K-$100K 31.1%
>=$100K 15.9%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.6%
5-9 mins 16.7%
10-14 mins 17.2%
15-19 mins 14.0%
20-29 mins 21.2%
30-44 mins 15.1%
45-59 mins 2.0%
>60 mins 5.2%

BELLEVUE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.9%
Construction 7.1%
Health Care & Social Assistance 13.1%
Manufacturing 29.0%
Retail & Wholesale Trader 10.6%
Transportation 7.6%
Other 21.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 17.2%
15-19 7.1%
20-24 7.9%
25-44 22.7%
45-65 28.6%
66+ 16.5%
OCCUPATION

Occupation % Distribution
Construction 4.6%
Healthcare 7.5%
Management, Business, & Financial 11.4%
Natural Resources Maintenance 11.9%
Production & Transportation 35.3%
Sales & Office 14.6%
Other 14.7%
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 10.3%
High School 45.8%
Masters Degree 4.3%
Some College 22.1%
Some High School 7.1%
Other 10.4%

1087 Section Line Road 30 Comps

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1087 Section Line Road 30, Bellevue, OH 44811 is a single family home of 2,490 sqft. HomeUnion INVESTimateĀ® for 1087 Section Line Road 30 includes a Price Estimate of $136,364 and a Rent Estimate of $1,293. This single family home has 4 bedrooms,2 bathrooms, and was built in 1865. This property has an estimated 15 year annualized Yield of 11.38% and Total Return of 25.21%. The estimated 1 year forecast in home value for 1087 Section Line Road 30 is 3.83%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , HURON County , or the 44811 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2