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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

12618 Township Road 178 Bellevue, OH 44811

2 Beds 2 Baths 2,184 sqft Built 1992
Last updated:  Jul 30, 2018

INVESTimate

$143,078

$123K - $163K

Price Est.

$960

802 - $1.1K

Rent Est.

$148,558  ( +3.83%)   1 YR EST. FORECAST
  
  
  

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12618 Township Road 178 PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $65.51
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,184 sqft
  • Baths : 1 Full 1 Half

12618 Township Road 178 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BELLEVUE ELEMENTARY SCHOOL Primary Unknown NA
BELLEVUE MIDDLE SCHOOL Middle Regular 483 26 7
BELLEVUE HIGH SCHOOL High Regular 647 44 4

BELLEVUE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

BELLEVUE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 483
  • # of teachers: 26
7
GreatSchools Rating

BELLEVUE HIGH SCHOOL

  • Education Level: High
  • # of students: 647
  • # of teachers: 44
4
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 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $980 per month.

MY RENT : $980 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 $980 would therefore be considered affordable for annual household incomes greater than $39,200 (12 months x 3.333 x $980).

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 2,751 of households in this neighborhood have a total annual income of $39,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $980 per month.

MINIMUM INCOME RANGE : $39,200

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 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $980 per month.

MY RENT : $980 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 $980 would therefore be considered affordable for annual household incomes greater than $39,200 (12 months x 3.333 x $980).

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 2,751 of households in this neighborhood have a total annual income of $39,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $980 per month.

MINIMUM INCOME RANGE : $39,200

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%

12618 Township Road 178 Comps

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12618 Township Road 178, Bellevue, OH 44811 is a single family home of 2,184 sqft. HomeUnion INVESTimateĀ® for 12618 Township Road 178 includes a Price Estimate of $143,078 and a Rent Estimate of $960. This single family home has 2 bedrooms,2 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 8.05% and Total Return of 16.37%. The estimated 1 year forecast in home value for 12618 Township Road 178 is 3.83%.

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