1. < Locust St

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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

20440 Locust St Weston, OH 43569

4 Beds 3 Baths 1,489 sqft Built 1900
Last updated:  Jul 30, 2018

INVESTimate

$80,124

$74.7K - $85.5K

Price Est.

$1,154

$1.0K - $1.3K

Rent Est.

$32,733

Investment Est.

$84,018  ( +4.86%)   1 YR EST. FORECAST

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20440 Locust St PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $53.81
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,489 sqft
  • Baths : 3 Full

20440 Locust St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GRAND RAPIDS ELEMENTARY SCHOOL Primary Regular 369 17 NA
OSTEGO JUNIOR HIGH SCHOOL Middle Regular 368 16 NA
OTSEGO HIGH SCHOOL High Regular 439 20 5

GRAND RAPIDS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 369
  • # of teachers: 17
-1
GreatSchools Rating

OSTEGO JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 368
  • # of teachers: 16
-1
GreatSchools Rating

OTSEGO HIGH SCHOOL

  • Education Level: High
  • # of students: 439
  • # of teachers: 20
5
GreatSchools Rating
 

Financial Details

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Neighborhood

WESTON

  • 2,968

    POPULATION

  • 1,093

    HOUSEHOLDS

  • 47.9%

    WHITE COLLAR

Neighborhood : WESTON

HOUSEHOLDS
1,093
POPULATION

2,968

16.7%Renters
83.3%Home Owners
LABOR FORCE

 

47.9%White Collar
52.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,319 per month.

MY RENT : $1,319 MEDIAN RENT : $1,287

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 12.0%
$900-999 8.6%
$1,000-1,499 70.2%
>=$1,500 9.3%
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 $1,319 would therefore be considered affordable for annual household incomes greater than $52,760 (12 months x 3.333 x $1,319).

Rent % Affordability
Above $500 87.8%
Above $700 81.8%
Above $1,100 66.7%
Above $1,500 50.9%
Above $1,900 35.5%
HOUSEHOLD INCOME RANGE

Approximately 587 of households in this neighborhood have a total annual income of $52,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,319 per month.

MINIMUM INCOME RANGE : $52,760

Income % Distribution
<$20K 12.2%
$20K-$35K 13.7%
$35K-$60K 23.2%
$60K-$100K 28.2%
>=$100K 22.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 5.6%
10-14 mins 7.6%
15-19 mins 19.7%
20-29 mins 23.1%
30-44 mins 24.9%
45-59 mins 10.2%
>60 mins 5.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,319 per month.

MY RENT : $1,319 MEDIAN RENT : $1,287

Rent % Distribution
$500-699 0.0%
$700-899 12.0%
$900-999 8.6%
$1,000-1,499 70.2%
>=$1,500 9.3%
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 $1,319 would therefore be considered affordable for annual household incomes greater than $52,760 (12 months x 3.333 x $1,319).

Rent % Affordability
Above $500 87.8%
Above $700 81.8%
Above $1,100 66.7%
Above $1,500 50.9%
Above $1,900 35.5%
HOUSEHOLD INCOME RANGE

Approximately 587 of households in this neighborhood have a total annual income of $52,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,319 per month.

MINIMUM INCOME RANGE : $52,760

Income % Distribution
<$20K 12.2%
$20K-$35K 13.7%
$35K-$60K 23.2%
$60K-$100K 28.2%
>=$100K 22.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.8%
5-9 mins 5.6%
10-14 mins 7.6%
15-19 mins 19.7%
20-29 mins 23.1%
30-44 mins 24.9%
45-59 mins 10.2%
>60 mins 5.1%
WESTON Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 8.4%
Construction 7.5%
Educational Services 7.3%
Health Care & Social Assistance 10.8%
Manufacturing 24.3%
Retail & Wholesale Trader 12.7%
Other 28.9%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 4.5%
Construction 4.9%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 17.9%
Production & Transportation 26.2%
Sales & Office 16.4%
Other 15.1%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 18.7%
15-19 9.2%
20-24 6.1%
25-44 24.6%
45-65 26.9%
66+ 14.4%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 9.9%
High School 39.0%
Masters Degree 3.5%
Some College 25.9%
Some High School 10.3%
Other 11.3%

WESTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Construction 7.5%
Educational Services 7.3%
Health Care & Social Assistance 10.8%
Manufacturing 24.3%
Retail & Wholesale Trader 12.7%
Other 28.9%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 18.7%
15-19 9.2%
20-24 6.1%
25-44 24.6%
45-65 26.9%
66+ 14.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.5%
Construction 4.9%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 17.9%
Production & Transportation 26.2%
Sales & Office 16.4%
Other 15.1%
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 9.9%
High School 39.0%
Masters Degree 3.5%
Some College 25.9%
Some High School 10.3%
Other 11.3%

20440 Locust St Comps

Sorry, we do not have sufficient data available.

20440 Locust St, Weston, OH 43569 is a single family home of 1,489 sqft. HomeUnion INVESTimateĀ® for 20440 Locust St includes a Price Estimate of $80,124 and a Rent Estimate of $1,154. This single family home has 4 bedrooms,3 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 17.28% and Total Return of 35.23%. The estimated 1 year forecast in home value for 20440 Locust St is 4.86%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , WOOD County , or the 43569 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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