INVESTimate
$34,790
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140 E Main St PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $62.46
CONSTRUCTION
- Beds : 2
- Floor Size : 1,407 sqft
- Baths : 1 Full
140 E Main St SCHOOLS
Financial Details
See Financial Details
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WAYNE
Neighborhood : WAYNE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,081 per month.
MY RENT : $1,081 MEDIAN RENT : $1,256
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 $1,081 would therefore be considered affordable for annual household incomes greater than $43,240 (12 months x 3.333 x $1,081).
HOUSEHOLD INCOME RANGE
Approximately 442 of households in this neighborhood have a total annual income of $43,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,081 per month.
MINIMUM INCOME RANGE : $43,240
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
WAYNE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.9% |
Construction | 8.9% |
Health Care & Social Assistance | 13.3% |
Manufacturing | 22.1% |
Retail & Wholesale Trader | 12.0% |
Transportation | 8.0% |
Other | 24.8% |
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 | 17.7% |
15-19 | 7.5% |
20-24 | 6.4% |
25-44 | 26.5% |
45-65 | 27.1% |
66+ | 14.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 6.9% |
Management, Business, & Financial | 12.4% |
Natural Resources Maintenance | 15.9% |
Production & Transportation | 30.4% |
Protect | 3.0% |
Sales & Office | 19.3% |
Other | 12.2% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.6% |
High School | 48.7% |
Masters Degree | 3.1% |
Some College | 21.9% |
Some High School | 8.5% |
Other | 10.3% |
140 E Main St Comps
140 E Main St, Wayne, OH 43466 is a single family home of 1,407 sqft. HomeUnion INVESTimateĀ® for 140 E Main St includes a Price Estimate of $87,885 and a Rent Estimate of $897. This single family home has 2 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 12.25% and Total Return of 22.96%. The estimated 1 year forecast in home value for 140 E Main St is 3.5%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , WOOD County , or the 43466 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2