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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

109 1/2 -109 Patterson St Forest, OH 45843

2 Beds 2 Baths 2,184 sqft Built 0
Last updated:  Jul 30, 2018

INVESTimate

$79,904

$72.3K - $87.6K

Price Est.

$959

801 - $1.1K

Rent Est.

$85,737  ( +7.3%)   1 YR EST. FORECAST
  
  
  

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109 1/2 -109 Patterson St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $36.59
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,184 sqft
  • Baths : 2 Full

109 1/2 -109 Patterson St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
RIVERDALE JUNIOR HIGH SCHOOL Middle Regular 236 15 6
RIVERDALE HIGH SCHOOL High Regular 303 20 3

RIVERDALE JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 236
  • # of teachers: 15
6
GreatSchools Rating

RIVERDALE HIGH SCHOOL

  • Education Level: High
  • # of students: 303
  • # of teachers: 20
3
GreatSchools Rating
 

Financial Details

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Neighborhood

FOREST

  • 3,772

    POPULATION
  • 1,319

    HOUSEHOLDS
  • 48.0%

    WHITE COLLAR

Neighborhood : FOREST

HOUSEHOLDS
1,319
POPULATION

3,772

23.4%Renters
76.6%Home Owners
LABOR FORCE

 

48.0%White Collar
52.0%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 $951 per month.

MY RENT : $951 MEDIAN RENT : $946

Rent % Distribution LEVEL
$500-699 9.2%
$700-899 32.8%
$900-999 16.3%
$1,000-1,499 38.8%
>=$1,500 2.8%
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 $951 would therefore be considered affordable for annual household incomes greater than $38,040 (12 months x 3.333 x $951).

Rent % Affordability
Above $500 89.5%
Above $700 80.4%
Above $1,100 61.9%
Above $1,500 44.9%
Above $1,900 33.6%
HOUSEHOLD INCOME RANGE

Approximately 716 of households in this neighborhood have a total annual income of $38,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $951 per month.

MINIMUM INCOME RANGE : $38,040

Income % Distribution
<$20K 10.5%
$20K-$35K 18.9%
$35K-$60K 25.7%
$60K-$100K 25.3%
>=$100K 19.6%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% 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 5.4%
5-9 mins 7.4%
10-14 mins 8.4%
15-19 mins 12.3%
20-29 mins 21.9%
30-44 mins 31.3%
45-59 mins 7.4%
>60 mins 5.9%
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 $951 per month.

MY RENT : $951 MEDIAN RENT : $946

Rent % Distribution
$500-699 9.2%
$700-899 32.8%
$900-999 16.3%
$1,000-1,499 38.8%
>=$1,500 2.8%
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 $951 would therefore be considered affordable for annual household incomes greater than $38,040 (12 months x 3.333 x $951).

Rent % Affordability
Above $500 89.5%
Above $700 80.4%
Above $1,100 61.9%
Above $1,500 44.9%
Above $1,900 33.6%
HOUSEHOLD INCOME RANGE

Approximately 716 of households in this neighborhood have a total annual income of $38,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $951 per month.

MINIMUM INCOME RANGE : $38,040

Income % Distribution
<$20K 10.5%
$20K-$35K 18.9%
$35K-$60K 25.7%
$60K-$100K 25.3%
>=$100K 19.6%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% 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 5.4%
5-9 mins 7.4%
10-14 mins 8.4%
15-19 mins 12.3%
20-29 mins 21.9%
30-44 mins 31.3%
45-59 mins 7.4%
>60 mins 5.9%

FOREST Demographics

INDUSTRY

Industry % Distribution
Construction 8.1%
Educational Services 9.2%
Health Care & Social Assistance 11.7%
Manufacturing 30.6%
Retail & Wholesale Trader 13.5%
Transportation 7.4%
Other 19.5%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 38% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 25.1%
15-19 7.1%
20-24 5.5%
25-44 25.4%
45-65 24.1%
66+ 12.7%
OCCUPATION

Occupation % Distribution
Construction 5.4%
Healthcare 4.4%
Management, Business, & Financial 13.3%
Natural Resources Maintenance 12.7%
Production & Transportation 35.0%
Sales & Office 16.6%
Other 12.5%
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 8.8%
High School 48.8%
Masters Degree 5.3%
Some College 20.2%
Some High School 8.8%
Other 8.0%

109 1/2 -109 Patterson St Comps

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109 1/2 -109 Patterson St, Forest, OH 45843 is a single family home of 2,184 sqft. HomeUnion INVESTimateĀ® for 109 1/2 -109 Patterson St includes a Price Estimate of $79,904 and a Rent Estimate of $959. This single family home has 2 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 14.40% and Total Return of 31.10%. The estimated 1 year forecast in home value for 109 1/2 -109 Patterson St is 7.3%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , HARDIN County , or the 45843 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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