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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

11868 Us Highway 62 Winchester, OH 45697

3 Beds 1 Baths 1,532 sqft Built 0
Last updated:  Jul 30, 2018

INVESTimate

$82,613

$72.9K - $92.4K

Price Est.

$827

706 - 948

Rent Est.

$89,123  ( +7.88%)   1 YR EST. FORECAST
  
  
  

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11868 Us Highway 62 PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $53.92
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,532 sqft
  • Baths : 1 Full

11868 Us Highway 62 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
RUSSELLVILLE ELEMENTARY SCHOOL Primary Regular 314 17 8
EASTERN MIDDLE SCHOOL Middle Regular 313 18 6
EASTERN HIGH SCHOOL High Regular 344 20 7

RUSSELLVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 314
  • # of teachers: 17
8
GreatSchools Rating

EASTERN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 313
  • # of teachers: 18
6
GreatSchools Rating

EASTERN HIGH SCHOOL

  • Education Level: High
  • # of students: 344
  • # of teachers: 20
7
GreatSchools Rating
 

Financial Details

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Neighborhood

WINCHESTER

  • 5,046

    POPULATION
  • 1,854

    HOUSEHOLDS
  • 58.9%

    WHITE COLLAR

Neighborhood : WINCHESTER

HOUSEHOLDS
1,854
POPULATION

5,046

24.8%Renters
75.2%Home Owners
LABOR FORCE

 

58.9%White Collar
41.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 70% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $768 per month.

MY RENT : $768 MEDIAN RENT : $903

Rent % Distribution LEVEL
$500-699 20.4%
$700-899 28.8%
$900-999 12.5%
$1,000-1,499 33.4%
>=$1,500 4.9%
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 $768 would therefore be considered affordable for annual household incomes greater than $30,720 (12 months x 3.333 x $768).

Rent % Affordability
Above $500 77.4%
Above $700 68.7%
Above $1,100 56.3%
Above $1,500 43.2%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 3,788 of households in this neighborhood have a total annual income of $30,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $768 per month.

MINIMUM INCOME RANGE : $30,720

Income % Distribution
<$20K 22.6%
$20K-$35K 15.7%
$35K-$60K 18.6%
$60K-$100K 25.6%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 7.9%
10-14 mins 9.1%
15-19 mins 5.3%
20-29 mins 16.2%
30-44 mins 23.5%
45-59 mins 13.2%
>60 mins 23.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 70% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $768 per month.

MY RENT : $768 MEDIAN RENT : $903

Rent % Distribution
$500-699 20.4%
$700-899 28.8%
$900-999 12.5%
$1,000-1,499 33.4%
>=$1,500 4.9%
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 $768 would therefore be considered affordable for annual household incomes greater than $30,720 (12 months x 3.333 x $768).

Rent % Affordability
Above $500 77.4%
Above $700 68.7%
Above $1,100 56.3%
Above $1,500 43.2%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 3,788 of households in this neighborhood have a total annual income of $30,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $768 per month.

MINIMUM INCOME RANGE : $30,720

Income % Distribution
<$20K 22.6%
$20K-$35K 15.7%
$35K-$60K 18.6%
$60K-$100K 25.6%
>=$100K 17.6%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 7.9%
10-14 mins 9.1%
15-19 mins 5.3%
20-29 mins 16.2%
30-44 mins 23.5%
45-59 mins 13.2%
>60 mins 23.9%

WINCHESTER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.1%
Construction 8.9%
Educational Services 10.3%
Health Care & Social Assistance 12.8%
Manufacturing 16.1%
Retail & Wholesale Trader 15.6%
Other 25.2%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 20.0%
15-19 5.2%
20-24 6.4%
25-44 21.5%
45-65 32.3%
66+ 14.7%
OCCUPATION

Occupation % Distribution
Construction 6.3%
Healthcare 9.9%
Management, Business, & Financial 20.7%
Natural Resources Maintenance 14.5%
Production & Transportation 19.2%
Sales & Office 12.0%
Other 17.4%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.4%
High School 46.4%
Masters Degree 2.6%
Some College 13.7%
Some High School 17.5%
Other 10.4%

11868 Us Highway 62 Comps

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11868 Us Highway 62, Winchester, OH 45697 is a single family home of 1,532 sqft. HomeUnion INVESTimateĀ® for 11868 Us Highway 62 includes a Price Estimate of $82,613 and a Rent Estimate of $827. This single family home has 3 bedrooms,1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 12.01% and Total Return of 30.05%. The estimated 1 year forecast in home value for 11868 Us Highway 62 is 7.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , BROWN County , or the 45697 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2