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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

1440 E Fish Lake Rd Champion, MI 49814

2 Beds 1 Baths 632 sqft Built 1955
Last updated:  Jun 30, 2018

INVESTimate

$117,490

$110K - $125K

Price Est.

$814

730 - 898

Rent Est.

$120,744  ( +2.77%)   1 YR EST. FORECAST
  
  
  

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1440 E Fish Lake Rd PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $185.90
CONSTRUCTION
  • Beds : 2
  • Floor Size : 632 sqft
  • Baths : 1 Full

1440 E Fish Lake Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ASPEN RIDGE SCHOOL Primary Magnet 809 47 5
ASPEN RIDGE SCHOOL Middle Magnet 809 47 5
WESTWOOD HIGH SCHOOL High Magnet 365 21 7

ASPEN RIDGE SCHOOL

  • Education Level: Primary
  • # of students: 809
  • # of teachers: 47
5
GreatSchools Rating

ASPEN RIDGE SCHOOL

  • Education Level: Middle
  • # of students: 809
  • # of teachers: 47
5
GreatSchools Rating

WESTWOOD HIGH SCHOOL

  • Education Level: High
  • # of students: 365
  • # of teachers: 21
7
GreatSchools Rating
 

Financial Details

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Neighborhood

CHAMPION

  • 1,160

    POPULATION
  • 498

    HOUSEHOLDS
  • 41.6%

    WHITE COLLAR

Neighborhood : CHAMPION

HOUSEHOLDS
498
POPULATION

1,160

9.8%Renters
90.2%Home Owners
LABOR FORCE

 

41.6%White Collar
58.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $811 per month.

MY RENT : $811 MEDIAN RENT : $973

Rent % Distribution LEVEL
$500-699 1.7%
$700-899 35.7%
$900-999 16.6%
$1,000-1,499 43.6%
>=$1,500 2.4%
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 $811 would therefore be considered affordable for annual household incomes greater than $32,440 (12 months x 3.333 x $811).

Rent % Affordability
Above $500 79.8%
Above $700 72.6%
Above $1,100 55.3%
Above $1,500 39.0%
Above $1,900 23.5%
HOUSEHOLD INCOME RANGE

Approximately 1,004 of households in this neighborhood have a total annual income of $32,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $811 per month.

MINIMUM INCOME RANGE : $32,440

Income % Distribution
<$20K 20.2%
$20K-$35K 15.0%
$35K-$60K 25.8%
$60K-$100K 27.2%
>=$100K 11.8%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 10.9%
10-14 mins 12.8%
15-19 mins 10.7%
20-29 mins 13.9%
30-44 mins 24.4%
45-59 mins 14.8%
>60 mins 7.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $811 per month.

MY RENT : $811 MEDIAN RENT : $973

Rent % Distribution
$500-699 1.7%
$700-899 35.7%
$900-999 16.6%
$1,000-1,499 43.6%
>=$1,500 2.4%
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 $811 would therefore be considered affordable for annual household incomes greater than $32,440 (12 months x 3.333 x $811).

Rent % Affordability
Above $500 79.8%
Above $700 72.6%
Above $1,100 55.3%
Above $1,500 39.0%
Above $1,900 23.5%
HOUSEHOLD INCOME RANGE

Approximately 1,004 of households in this neighborhood have a total annual income of $32,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $811 per month.

MINIMUM INCOME RANGE : $32,440

Income % Distribution
<$20K 20.2%
$20K-$35K 15.0%
$35K-$60K 25.8%
$60K-$100K 27.2%
>=$100K 11.8%
COMMUTE TIME DISTRIBUTION

49% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.6%
5-9 mins 10.9%
10-14 mins 12.8%
15-19 mins 10.7%
20-29 mins 13.9%
30-44 mins 24.4%
45-59 mins 14.8%
>60 mins 7.9%

CHAMPION Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 13.1%
Construction 10.0%
Health Care & Social Assistance 14.8%
Manufacturing 10.7%
Public Administration 6.8%
Retail & Wholesale Trader 11.8%
Other 32.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 23% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 15.3%
15-19 4.6%
20-24 3.6%
25-44 19.9%
45-65 31.6%
66+ 25.0%
OCCUPATION

Occupation % Distribution
Healthcare 10.6%
Management, Business, & Financial 8.8%
Natural Resources Maintenance 28.2%
Production & Transportation 15.8%
Protect 2.8%
Sales & Office 21.5%
Other 12.3%
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 8.1%
High School 38.9%
Masters Degree 2.2%
Some College 27.6%
Some High School 6.6%
Other 16.6%

1440 E Fish Lake Rd Comps

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1440 E Fish Lake Rd, Champion, MI 49814 is a single family home of 632 sqft. HomeUnion INVESTimateĀ® for 1440 E Fish Lake Rd includes a Price Estimate of $117,490 and a Rent Estimate of $814. This single family home has 2 bedrooms,1 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 8.31% and Total Return of 16.78%. The estimated 1 year forecast in home value for 1440 E Fish Lake Rd is 2.77%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MI , MARQUETTE County , or the 49814 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2