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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

14012 Pershing Ave Newcomerstown, OH 43832

3 Beds 2 Baths 1,104 sqft Built 1972
Last updated:  Jul 30, 2018

INVESTimate

$63,072

$57.7K - $68.4K

Price Est.

$810

710 - 910

Rent Est.

$64,649  ( +2.5%)   1 YR EST. FORECAST
  
  
  

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14012 Pershing Ave PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $57.13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,104 sqft
  • Baths : 2 Full

14012 Pershing Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WEST ELEMENTARY SCHOOL Primary Regular 399 25 5
NEWCOMERSTOWN MIDDLE SCHOOL Middle Regular 241 19 5
NEWCOMERSTOWN HIGH SCHOOL High Regular 299 25 4

WEST ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 399
  • # of teachers: 25
5
GreatSchools Rating

NEWCOMERSTOWN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 241
  • # of teachers: 19
5
GreatSchools Rating

NEWCOMERSTOWN HIGH SCHOOL

  • Education Level: High
  • # of students: 299
  • # of teachers: 25
4
GreatSchools Rating
 

Financial Details

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Neighborhood

NEWCOMERSTOWN

  • 7,619

    POPULATION
  • 2,954

    HOUSEHOLDS
  • 48.7%

    WHITE COLLAR

Neighborhood : NEWCOMERSTOWN

HOUSEHOLDS
2,954
POPULATION

7,619

26.4%Renters
73.6%Home Owners
LABOR FORCE

 

48.7%White Collar
51.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $810 per month.

MY RENT : $810 MEDIAN RENT : $826

Rent % Distribution LEVEL
$500-699 15.0%
$700-899 54.6%
$900-999 13.5%
$1,000-1,499 16.4%
>=$1,500 0.5%
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 $810 would therefore be considered affordable for annual household incomes greater than $32,400 (12 months x 3.333 x $810).

Rent % Affordability
Above $500 83.0%
Above $700 70.2%
Above $1,100 52.6%
Above $1,500 38.5%
Above $1,900 26.9%
HOUSEHOLD INCOME RANGE

Approximately 7,702 of households in this neighborhood have a total annual income of $32,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $810 per month.

MINIMUM INCOME RANGE : $32,400

Income % Distribution
<$20K 17.0%
$20K-$35K 22.0%
$35K-$60K 22.6%
$60K-$100K 27.1%
>=$100K 11.3%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 11.9%
10-14 mins 8.0%
15-19 mins 9.9%
20-29 mins 25.2%
30-44 mins 22.7%
45-59 mins 7.9%
>60 mins 9.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $810 per month.

MY RENT : $810 MEDIAN RENT : $826

Rent % Distribution
$500-699 15.0%
$700-899 54.6%
$900-999 13.5%
$1,000-1,499 16.4%
>=$1,500 0.5%
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 $810 would therefore be considered affordable for annual household incomes greater than $32,400 (12 months x 3.333 x $810).

Rent % Affordability
Above $500 83.0%
Above $700 70.2%
Above $1,100 52.6%
Above $1,500 38.5%
Above $1,900 26.9%
HOUSEHOLD INCOME RANGE

Approximately 7,702 of households in this neighborhood have a total annual income of $32,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $810 per month.

MINIMUM INCOME RANGE : $32,400

Income % Distribution
<$20K 17.0%
$20K-$35K 22.0%
$35K-$60K 22.6%
$60K-$100K 27.1%
>=$100K 11.3%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 11.9%
10-14 mins 8.0%
15-19 mins 9.9%
20-29 mins 25.2%
30-44 mins 22.7%
45-59 mins 7.9%
>60 mins 9.5%

NEWCOMERSTOWN Demographics

INDUSTRY

Industry % Distribution
Construction 7.6%
Educational Services 5.9%
Health Care & Social Assistance 18.5%
Manufacturing 24.5%
Retail & Wholesale Trader 10.5%
Transportation 9.4%
Other 23.6%
AGE DISTRIBUTION

52% 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 23.0%
15-19 5.0%
20-24 4.0%
25-44 24.7%
45-65 26.9%
66+ 16.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.2%
Healthcare 14.0%
Management, Business, & Financial 8.7%
Natural Resources Maintenance 15.2%
Production & Transportation 21.7%
Sales & Office 21.7%
Other 13.5%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.3%
High School 49.9%
Masters Degree 3.3%
Some College 13.8%
Some High School 14.3%
Other 10.3%

14012 Pershing Ave Comps

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14012 Pershing Ave, Newcomerstown, OH 43832 is a single family home of 1,104 sqft. HomeUnion INVESTimate® for 14012 Pershing Ave includes a Price Estimate of $63,072 and a Rent Estimate of $810. This single family home has 3 bedrooms,2 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 15.41% and Total Return of 29.25%. The estimated 1 year forecast in home value for 14012 Pershing Ave is 2.5%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, TUSCARAWAS County, or the 43832 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2