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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

13 E Schaaf Rd Brooklyn Heights, OH 44131

3 Beds 1 Baths 1,186 sqft Built 1959
Last updated:  Jun 30, 2018

INVESTimate

$153,159

$143K - $163K

Price Est.

$1,343

$1.2K - $1.5K

Rent Est.

$160,848  ( +5.02%)   1 YR EST. FORECAST
  
  
  

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13 E Schaaf Rd PROPERTY INFO

FACTS
  • Built In 1959
  • Price/Sqft : $129.14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,186 sqft
  • Baths : 1 Full

13 E Schaaf Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CUYAHOGA HEIGHTS ELEMENTARY SCHOOL Primary Regular 405 23 10
CUYAHOGA HEIGHTS MIDDLE SCHOOL Middle Regular 211 12 10
CUYAHOGA HEIGHTS HIGH SCHOOL High Regular 312 18 10

CUYAHOGA HEIGHTS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 405
  • # of teachers: 23
10
GreatSchools Rating

CUYAHOGA HEIGHTS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 211
  • # of teachers: 12
10
GreatSchools Rating

CUYAHOGA HEIGHTS HIGH SCHOOL

  • Education Level: High
  • # of students: 312
  • # of teachers: 18
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Brooklyn Heights

  • 1,591

    POPULATION
  • 613

    HOUSEHOLDS
  • 59.4%

    WHITE COLLAR

Neighborhood : Brooklyn Heights

HOUSEHOLDS
613
POPULATION

1,591

13.7%Renters
86.3%Home Owners
LABOR FORCE

 

59.4%White Collar
40.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,298 per month.

MY RENT : $1,298 MEDIAN RENT : $1,456

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 53.7%
>=$1,500 46.3%
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 $1,298 would therefore be considered affordable for annual household incomes greater than $51,920 (12 months x 3.333 x $1,298).

Rent % Affordability
Above $500 92.8%
Above $700 83.0%
Above $1,100 70.6%
Above $1,500 49.4%
Above $1,900 41.0%
HOUSEHOLD INCOME RANGE

Approximately 326 of households in this neighborhood have a total annual income of $51,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,298 per month.

MINIMUM INCOME RANGE : $51,920

Income % Distribution
<$20K 7.2%
$20K-$35K 16.4%
$35K-$60K 27.0%
$60K-$100K 26.7%
>=$100K 22.8%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 13.0%
10-14 mins 13.5%
15-19 mins 14.9%
20-29 mins 29.9%
30-44 mins 20.8%
45-59 mins 1.5%
>60 mins 0.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,298 per month.

MY RENT : $1,298 MEDIAN RENT : $1,456

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 53.7%
>=$1,500 46.3%
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 $1,298 would therefore be considered affordable for annual household incomes greater than $51,920 (12 months x 3.333 x $1,298).

Rent % Affordability
Above $500 92.8%
Above $700 83.0%
Above $1,100 70.6%
Above $1,500 49.4%
Above $1,900 41.0%
HOUSEHOLD INCOME RANGE

Approximately 326 of households in this neighborhood have a total annual income of $51,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,298 per month.

MINIMUM INCOME RANGE : $51,920

Income % Distribution
<$20K 7.2%
$20K-$35K 16.4%
$35K-$60K 27.0%
$60K-$100K 26.7%
>=$100K 22.8%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 13.0%
10-14 mins 13.5%
15-19 mins 14.9%
20-29 mins 29.9%
30-44 mins 20.8%
45-59 mins 1.5%
>60 mins 0.6%

Brooklyn Heights Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.6%
Arts & Entertainment 11.2%
Health Care & Social Assistance 10.6%
Manufacturing 14.2%
Public Administration 8.9%
Retail & Wholesale Trader 13.1%
Other 34.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 29% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 17.2%
15-19 6.3%
20-24 5.8%
25-44 20.4%
45-65 32.9%
66+ 17.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.9%
Healthcare 8.2%
Management, Business, & Financial 15.5%
Natural Resources Maintenance 8.7%
Production & Transportation 13.2%
Sales & Office 27.7%
Other 20.7%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.2%
High School 36.2%
Masters Degree 6.6%
Some College 22.6%
Some High School 7.0%
Other 19.3%

13 E Schaaf Rd Comps

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13 E Schaaf Rd, Brooklyn Heights, OH 44131 is a single family home of 1,186 sqft. HomeUnion INVESTimateĀ® for 13 E Schaaf Rd includes a Price Estimate of $153,159 and a Rent Estimate of $1,343. This single family home has 3 bedrooms,1 bathrooms, and was built in 1959. This property has an estimated 15 year annualized Yield of 10.52% and Total Return of 23.81%. The estimated 1 year forecast in home value for 13 E Schaaf Rd is 5.02%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , CUYAHOGA County , or the 44131 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2