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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

2136 W Willard Rd Clio, MI 48420

2 Beds 1 Baths 728 sqft Built 1963
Last updated:  Jul 30, 2018

INVESTimate

$63,792

$61.3K - $66.2K

Price Est.

$726

663 - 789

Rent Est.

$68,666  ( +7.64%)   1 YR EST. FORECAST
  
  
  

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2136 W Willard Rd PROPERTY INFO

FACTS
  • Built In 1963
  • Price/Sqft : $87.63
CONSTRUCTION
  • Beds : 2
  • Floor Size : 728 sqft
  • Baths : 1 Full

2136 W Willard Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MARSHALL GREENE MIDDLE SCHOOL Primary Regular 577 30 7
MARSHALL GREENE MIDDLE SCHOOL Middle Regular 577 30 7
BIRCH RUN HIGH SCHOOL High Regular 594 26 7

MARSHALL GREENE MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 577
  • # of teachers: 30
7
GreatSchools Rating

MARSHALL GREENE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 577
  • # of teachers: 30
7
GreatSchools Rating

BIRCH RUN HIGH SCHOOL

  • Education Level: High
  • # of students: 594
  • # of teachers: 26
7
GreatSchools Rating
 

Financial Details

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Neighborhood

CLIO

  • 21,628

    POPULATION
  • 8,863

    HOUSEHOLDS
  • 57.1%

    WHITE COLLAR

Neighborhood : CLIO

HOUSEHOLDS
8,863
POPULATION

21,628

19.9%Renters
80.1%Home Owners
LABOR FORCE

 

57.1%White Collar
42.9%Blue Collar
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 $841 per month.

MY RENT : $841 MEDIAN RENT : $933

Rent % Distribution LEVEL
$500-699 1.4%
$700-899 26.3%
$900-999 61.2%
$1,000-1,499 11.0%
>=$1,500 0.1%
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 $841 would therefore be considered affordable for annual household incomes greater than $33,640 (12 months x 3.333 x $841).

Rent % Affordability
Above $500 84.7%
Above $700 76.6%
Above $1,100 58.1%
Above $1,500 40.6%
Above $1,900 29.8%
HOUSEHOLD INCOME RANGE

Approximately 18,535 of households in this neighborhood have a total annual income of $33,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $841 per month.

MINIMUM INCOME RANGE : $33,640

Income % Distribution
<$20K 15.3%
$20K-$35K 15.5%
$35K-$60K 28.6%
$60K-$100K 24.4%
>=$100K 16.2%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 20% 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 2.3%
5-9 mins 7.7%
10-14 mins 10.3%
15-19 mins 15.2%
20-29 mins 30.6%
30-44 mins 18.7%
45-59 mins 5.5%
>60 mins 9.7%
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 $841 per month.

MY RENT : $841 MEDIAN RENT : $933

Rent % Distribution
$500-699 1.4%
$700-899 26.3%
$900-999 61.2%
$1,000-1,499 11.0%
>=$1,500 0.1%
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 $841 would therefore be considered affordable for annual household incomes greater than $33,640 (12 months x 3.333 x $841).

Rent % Affordability
Above $500 84.7%
Above $700 76.6%
Above $1,100 58.1%
Above $1,500 40.6%
Above $1,900 29.8%
HOUSEHOLD INCOME RANGE

Approximately 18,535 of households in this neighborhood have a total annual income of $33,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $841 per month.

MINIMUM INCOME RANGE : $33,640

Income % Distribution
<$20K 15.3%
$20K-$35K 15.5%
$35K-$60K 28.6%
$60K-$100K 24.4%
>=$100K 16.2%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 20% 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 2.3%
5-9 mins 7.7%
10-14 mins 10.3%
15-19 mins 15.2%
20-29 mins 30.6%
30-44 mins 18.7%
45-59 mins 5.5%
>60 mins 9.7%

CLIO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.8%
Construction 9.0%
Educational Services 6.3%
Health Care & Social Assistance 17.4%
Manufacturing 16.4%
Retail & Wholesale Trader 18.3%
Other 25.8%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 28% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 14.7%
15-19 7.2%
20-24 5.7%
25-44 22.9%
45-65 29.6%
66+ 19.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.5%
Healthcare 11.3%
Management, Business, & Financial 13.7%
Natural Resources Maintenance 12.3%
Production & Transportation 18.4%
Sales & Office 25.3%
Other 14.5%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.3%
High School 36.9%
Masters Degree 3.6%
Some College 26.5%
Some High School 9.3%
Other 11.5%

2136 W Willard Rd Comps

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2136 W Willard Rd, Clio, MI 48420 is a single family home of 728 sqft. HomeUnion INVESTimate¬ģ for 2136 W Willard Rd includes a Price Estimate of $63,792 and a Rent Estimate of $726. This single family home has 2 bedrooms,1 bathrooms, and was built in 1963. This property has an estimated 15 year annualized Yield of 13.66% and Total Return of 28.20%. The estimated 1 year forecast in home value for 2136 W Willard Rd is 7.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MI , SAGINAW County , or the 48420 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2