INVESTimate
$58,757
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230 N Ewen St PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $256.22
CONSTRUCTION
- Beds : 0
- Floor Size : 696 sqft
- Baths : 1 Full
230 N Ewen St SCHOOLS
Financial Details
See Financial Details
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MAPLE RAPIDS
Neighborhood : MAPLE RAPIDS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $762 per month.
MY RENT : $762 MEDIAN RENT : $1,030
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 $762 would therefore be considered affordable for annual household incomes greater than $30,480 (12 months x 3.333 x $762).
HOUSEHOLD INCOME RANGE
Approximately 441 of households in this neighborhood have a total annual income of $30,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $762 per month.
MINIMUM INCOME RANGE : $30,480
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
MAPLE RAPIDS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.7% |
Financial Industries | 6.8% |
Health Care & Social Assistance | 10.0% |
Manufacturing | 19.9% |
Public Administration | 8.5% |
Retail & Wholesale Trader | 14.2% |
Other | 29.9% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.7% |
15-19 | 5.5% |
20-24 | 9.5% |
25-44 | 25.5% |
45-65 | 27.1% |
66+ | 16.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 4.1% |
Healthcare | 6.0% |
Management, Business, & Financial | 13.8% |
Natural Resources Maintenance | 19.4% |
Production & Transportation | 24.4% |
Sales & Office | 21.7% |
Other | 10.6% |
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 | 7.9% |
High School | 39.0% |
Masters Degree | 3.3% |
Some College | 29.2% |
Some High School | 7.7% |
Other | 12.8% |
230 N Ewen St Comps
230 N Ewen St, Maple Rapids, MI 48853 is a single family home of 696 sqft. HomeUnion INVESTimateĀ® for 230 N Ewen St includes a Price Estimate of $178,329 and a Rent Estimate of $718. This single family home has 0 bedrooms,1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 4.83% and Total Return of 13.96%. The estimated 1 year forecast in home value for 230 N Ewen St is 4.37%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MI , CLINTON County , or the 48853 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2