INVESTimate
$34,623
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
205 S Main St PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $57.79
CONSTRUCTION
- Beds : 3
- Floor Size : 1,510 sqft
- Baths : 1 Full
205 S Main St SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
BOTKINS
Neighborhood : BOTKINS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $939 per month.
MY RENT : $939 MEDIAN RENT : $1,113
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 $939 would therefore be considered affordable for annual household incomes greater than $37,560 (12 months x 3.333 x $939).
HOUSEHOLD INCOME RANGE
Approximately 583 of households in this neighborhood have a total annual income of $37,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $939 per month.
MINIMUM INCOME RANGE : $37,560
COMMUTE TIME DISTRIBUTION
58% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
BOTKINS Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 7.9% |
| Educational Services | 8.3% |
| Health Care & Social Assistance | 8.9% |
| Manufacturing | 31.5% |
| Retail & Wholesale Trader | 13.1% |
| Transportation | 5.2% |
| Other | 25.1% |
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 | 23.9% |
| 15-19 | 5.8% |
| 20-24 | 4.3% |
| 25-44 | 24.4% |
| 45-65 | 27.8% |
| 66+ | 13.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.4% |
| Healthcare | 5.2% |
| Management, Business, & Financial | 14.5% |
| Natural Resources Maintenance | 14.7% |
| Production & Transportation | 31.3% |
| Sales & Office | 15.2% |
| Other | 13.7% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 12.0% |
| High School | 44.3% |
| Masters Degree | 7.5% |
| Some College | 16.4% |
| Some High School | 5.0% |
| Other | 14.7% |
205 S Main St Comps
Sorry, we do not have sufficient data available.
205 S Main St, Botkins, OH 45306 is a single family home of 1,510 sqft. HomeUnion INVESTimateĀ® for 205 S Main St includes a Price Estimate of $87,256 and a Rent Estimate of $942. This single family home has 3 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 12.95% and Total Return of 35.02%. The estimated 1 year forecast in home value for 205 S Main St is 10.05%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , SHELBY County , or the 45306 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
