INVESTimate
$35,422
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117 Walnut St PROPERTY INFO
FACTS
- Built In 1920
- Price/Sqft : $96.03
CONSTRUCTION
- Beds : 2
- Floor Size : 940 sqft
- Baths : 1 Full
117 Walnut St SCHOOLS
Financial Details
See Financial Details
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PORT CLINTON
Neighborhood : PORT CLINTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $772 per month.
MY RENT : $772 MEDIAN RENT : $1,030
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 $772 would therefore be considered affordable for annual household incomes greater than $30,880 (12 months x 3.333 x $772).
HOUSEHOLD INCOME RANGE
Approximately 14,723 of households in this neighborhood have a total annual income of $30,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $772 per month.
MINIMUM INCOME RANGE : $30,880
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
PORT CLINTON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 15.9% |
Construction | 7.3% |
Educational Services | 6.9% |
Health Care & Social Assistance | 13.6% |
Manufacturing | 17.9% |
Retail & Wholesale Trader | 12.0% |
Other | 26.4% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 24% is 24 or younger and 25% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.5% |
15-19 | 5.6% |
20-24 | 5.2% |
25-44 | 19.2% |
45-65 | 31.9% |
66+ | 24.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.4% |
Healthcare | 7.5% |
Management, Business, & Financial | 19.2% |
Natural Resources Maintenance | 10.6% |
Production & Transportation | 20.9% |
Sales & Office | 18.1% |
Other | 18.5% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.7% |
High School | 34.3% |
Masters Degree | 6.4% |
Some College | 23.9% |
Some High School | 8.7% |
Other | 17.0% |
117 Walnut St Comps
117 Walnut St, Port Clinton, OH 43452 is a single family home of 940 sqft. HomeUnion INVESTimateĀ® for 117 Walnut St includes a Price Estimate of $90,271 and a Rent Estimate of $781. This single family home has 2 bedrooms,1 bathrooms, and was built in 1920. This property has an estimated 15 year annualized Yield of 10.38% and Total Return of 20.21%. The estimated 1 year forecast in home value for 117 Walnut St is 3.68%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , OTTAWA County , or the 43452 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2