Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

21611 State Route 2 Stryker, OH 43557

3 Beds 2 Baths 2,340 sqft Built 1960
Last updated:  Jul 30, 2018

INVESTimate

$164,463

$150K - $179K

Price Est.

$1,168

975 - $1.4K

Rent Est.

$175,910  ( +6.96%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

21611 State Route 2 PROPERTY INFO

FACTS
  • Built In 1960
  • Price/Sqft : $70.28
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,340 sqft
  • Baths : 1 Full 1 Half

21611 State Route 2 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
STRYKER ELEMENTARY SCHOOL Primary Regular 234 27 4
STRYKER HIGH SCHOOL Middle Regular 190 15 7
STRYKER HIGH SCHOOL High Regular 190 15 7

STRYKER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 234
  • # of teachers: 27
4
GreatSchools Rating

STRYKER HIGH SCHOOL

  • Education Level: Middle
  • # of students: 190
  • # of teachers: 15
7
GreatSchools Rating

STRYKER HIGH SCHOOL

  • Education Level: High
  • # of students: 190
  • # of teachers: 15
7
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

STRYKER

  • 3,296

    POPULATION
  • 963

    HOUSEHOLDS
  • 42.0%

    WHITE COLLAR

Neighborhood : STRYKER

HOUSEHOLDS
963
POPULATION

3,296

16.7%Renters
83.3%Home Owners
LABOR FORCE

 

42.0%White Collar
58.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,170 per month.

MY RENT : $1,170 MEDIAN RENT : $989

Rent % Distribution LEVEL
$500-699 6.5%
$700-899 29.0%
$900-999 16.0%
$1,000-1,499 44.3%
>=$1,500 4.1%
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 $1,170 would therefore be considered affordable for annual household incomes greater than $46,800 (12 months x 3.333 x $1,170).

Rent % Affordability
Above $500 92.7%
Above $700 84.8%
Above $1,100 65.7%
Above $1,500 44.8%
Above $1,900 28.1%
HOUSEHOLD INCOME RANGE

Approximately 501 of households in this neighborhood have a total annual income of $46,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,170 per month.

MINIMUM INCOME RANGE : $46,800

Income % Distribution
<$20K 7.3%
$20K-$35K 15.4%
$35K-$60K 32.5%
$60K-$100K 30.1%
>=$100K 14.7%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.2%
5-9 mins 14.6%
10-14 mins 20.2%
15-19 mins 23.7%
20-29 mins 16.8%
30-44 mins 10.8%
45-59 mins 2.6%
>60 mins 4.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,170 per month.

MY RENT : $1,170 MEDIAN RENT : $989

Rent % Distribution
$500-699 6.5%
$700-899 29.0%
$900-999 16.0%
$1,000-1,499 44.3%
>=$1,500 4.1%
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 $1,170 would therefore be considered affordable for annual household incomes greater than $46,800 (12 months x 3.333 x $1,170).

Rent % Affordability
Above $500 92.7%
Above $700 84.8%
Above $1,100 65.7%
Above $1,500 44.8%
Above $1,900 28.1%
HOUSEHOLD INCOME RANGE

Approximately 501 of households in this neighborhood have a total annual income of $46,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,170 per month.

MINIMUM INCOME RANGE : $46,800

Income % Distribution
<$20K 7.3%
$20K-$35K 15.4%
$35K-$60K 32.5%
$60K-$100K 30.1%
>=$100K 14.7%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 42% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.2%
5-9 mins 14.6%
10-14 mins 20.2%
15-19 mins 23.7%
20-29 mins 16.8%
30-44 mins 10.8%
45-59 mins 2.6%
>60 mins 4.2%

STRYKER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.8%
Construction 5.1%
Health Care & Social Assistance 14.5%
Manufacturing 32.6%
Public Administration 6.8%
Retail & Wholesale Trader 11.9%
Other 21.3%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 29% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 14.4%
15-19 5.9%
20-24 8.5%
25-44 31.5%
45-65 27.2%
66+ 12.5%
OCCUPATION

Occupation % Distribution
Healthcare 5.7%
Management, Business, & Financial 7.0%
Natural Resources Maintenance 15.1%
Production & Transportation 28.9%
Protect 3.0%
Sales & Office 26.1%
Other 14.2%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.4%
High School 41.9%
Masters Degree 2.3%
Some College 22.1%
Some High School 15.6%
Other 8.7%

21611 State Route 2 Comps

Sorry, we do not have sufficient data available.

21611 State Route 2, Stryker, OH 43557 is a single family home of 2,340 sqft. HomeUnion INVESTimateĀ® for 21611 State Route 2 includes a Price Estimate of $164,463 and a Rent Estimate of $1,168. This single family home has 3 bedrooms,2 bathrooms, and was built in 1960. This property has an estimated 15 year annualized Yield of 8.52% and Total Return of 23.38%. The estimated 1 year forecast in home value for 21611 State Route 2 is 6.96%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , WILLIAMS County , or the 43557 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2