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

120 Monroe St Port Clinton, OH 43452

2 Beds 1 Baths 1,032 sqft Built 1941
Last updated:  May 30, 2018

INVESTimate

$100,473

$85.4K - $116K

Price Est.

$830

709 - 951

Rent Est.

$104,170  ( +3.68%)   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

120 Monroe St PROPERTY INFO

FACTS
  • Built In 1941
  • Price/Sqft : $97.36
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,032 sqft
  • Baths : 1 Full

120 Monroe St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BATAAN MEMORIAL INTERMEDIATE SCHOOL Primary Regular 416 26 4
PORT CLINTON MIDDLE SCHOOL Middle Regular 415 23 7
PORT CLINTON HIGH SCHOOL High Regular 514 37 7

BATAAN MEMORIAL INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 26
4
GreatSchools Rating

PORT CLINTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 415
  • # of teachers: 23
7
GreatSchools Rating

PORT CLINTON HIGH SCHOOL

  • Education Level: High
  • # of students: 514
  • # of teachers: 37
7
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

PORT CLINTON

  • 13,630

    POPULATION
  • 6,223

    HOUSEHOLDS
  • 57.3%

    WHITE COLLAR

Neighborhood : PORT CLINTON

HOUSEHOLDS
6,223
POPULATION

13,630

25.8%Renters
74.2%Home Owners
LABOR FORCE

 

57.3%White Collar
42.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $808 per month.

MY RENT : $808 MEDIAN RENT : $1,030

Rent % Distribution LEVEL
$500-699 6.9%
$700-899 29.0%
$900-999 11.1%
$1,000-1,499 34.2%
>=$1,500 18.8%
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 $808 would therefore be considered affordable for annual household incomes greater than $32,320 (12 months x 3.333 x $808).

Rent % Affordability
Above $500 86.7%
Above $700 76.1%
Above $1,100 56.4%
Above $1,500 41.3%
Above $1,900 32.4%
HOUSEHOLD INCOME RANGE

Approximately 14,676 of households in this neighborhood have a total annual income of $32,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $808 per month.

MINIMUM INCOME RANGE : $32,320

Income % Distribution
<$20K 13.3%
$20K-$35K 18.5%
$35K-$60K 27.0%
$60K-$100K 20.1%
>=$100K 21.2%
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.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 18.2%
10-14 mins 19.1%
15-19 mins 15.3%
20-29 mins 13.9%
30-44 mins 15.2%
45-59 mins 4.8%
>60 mins 7.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 77% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $808 per month.

MY RENT : $808 MEDIAN RENT : $1,030

Rent % Distribution
$500-699 6.9%
$700-899 29.0%
$900-999 11.1%
$1,000-1,499 34.2%
>=$1,500 18.8%
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 $808 would therefore be considered affordable for annual household incomes greater than $32,320 (12 months x 3.333 x $808).

Rent % Affordability
Above $500 86.7%
Above $700 76.1%
Above $1,100 56.4%
Above $1,500 41.3%
Above $1,900 32.4%
HOUSEHOLD INCOME RANGE

Approximately 14,676 of households in this neighborhood have a total annual income of $32,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $808 per month.

MINIMUM INCOME RANGE : $32,320

Income % Distribution
<$20K 13.3%
$20K-$35K 18.5%
$35K-$60K 27.0%
$60K-$100K 20.1%
>=$100K 21.2%
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.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 18.2%
10-14 mins 19.1%
15-19 mins 15.3%
20-29 mins 13.9%
30-44 mins 15.2%
45-59 mins 4.8%
>60 mins 7.9%

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%

120 Monroe St Comps

Sorry, we do not have sufficient data available.

120 Monroe St, Port Clinton, OH 43452 is a single family home of 1,032 sqft. HomeUnion INVESTimateĀ® for 120 Monroe St includes a Price Estimate of $100,473 and a Rent Estimate of $830. This single family home has 2 bedrooms,1 bathrooms, and was built in 1941. This property has an estimated 15 year annualized Yield of 9.91% and Total Return of 20.34%. The estimated 1 year forecast in home value for 120 Monroe 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