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27091 Sanctuary Ln PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $104.91
CONSTRUCTION
- Beds : 4
- Floor Size : 3,340 sqft
- Baths : 2 Full 1 Half
27091 Sanctuary Ln SCHOOLS
Financial Details
See Financial Details
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OLMSTED FALLS
Neighborhood : OLMSTED FALLS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,280 per month.
MY RENT : $2,280 MEDIAN RENT : $1,542
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 $2,280 would therefore be considered affordable for annual household incomes greater than $91,200 (12 months x 3.333 x $2,280).
HOUSEHOLD INCOME RANGE
Approximately 3,064 of households in this neighborhood have a total annual income of $91,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,280 per month.
MINIMUM INCOME RANGE : $91,200
COMMUTE TIME DISTRIBUTION
64% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
OLMSTED FALLS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Educational Services | 9.3% |
Financial Industries | 7.0% |
Health Care & Social Assistance | 16.5% |
Manufacturing | 14.8% |
Professional & Scientific Tech Services | 8.6% |
Retail & Wholesale Trader | 12.6% |
Other | 31.2% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 29% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.8% |
15-19 | 6.8% |
20-24 | 4.5% |
25-44 | 23.3% |
45-65 | 29.4% |
66+ | 18.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.1% |
Healthcare | 9.1% |
Management, Business, & Financial | 28.5% |
Natural Resources Maintenance | 6.9% |
Production & Transportation | 11.1% |
Sales & Office | 22.9% |
Other | 15.2% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.8% |
High School | 28.5% |
Masters Degree | 10.3% |
Some College | 22.6% |
Some High School | 3.6% |
Other | 26.3% |
27091 Sanctuary Ln Comps
27091 Sanctuary Ln, Olmsted Twp, OH 44138 is a single family home of 3,340 sqft. HomeUnion INVESTimateĀ® for 27091 Sanctuary Ln includes a Price Estimate of $350,388 and a Rent Estimate of $2,165. This single family home has 4 bedrooms,3 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 7.41% and Total Return of 9.08%. The estimated 1 year forecast in home value for 27091 Sanctuary Ln is 3.44%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , CUYAHOGA County , or the 44138 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2