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2907 County Highway 56 PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $61.58
CONSTRUCTION
- Beds : 4
- Floor Size : 2,487 sqft
- Baths : 1 Full
2907 County Highway 56 SCHOOLS
Financial Details
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NEVADA
Neighborhood : NEVADA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 22% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,202 per month.
MY RENT : $1,202 MEDIAN RENT : $898
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 $1,202 would therefore be considered affordable for annual household incomes greater than $48,080 (12 months x 3.333 x $1,202).
HOUSEHOLD INCOME RANGE
Approximately 412 of households in this neighborhood have a total annual income of $48,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,202 per month.
MINIMUM INCOME RANGE : $48,080
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
NEVADA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 5.4% |
Construction | 7.0% |
Health Care & Social Assistance | 13.4% |
Manufacturing | 28.8% |
Professional & Scientific Tech Services | 5.4% |
Retail & Wholesale Trader | 12.5% |
Other | 27.7% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.1% |
15-19 | 4.4% |
20-24 | 3.0% |
25-44 | 23.9% |
45-65 | 30.6% |
66+ | 18.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 5.1% |
Healthcare | 9.1% |
Management, Business, & Financial | 17.9% |
Natural Resources Maintenance | 11.1% |
Production & Transportation | 30.0% |
Sales & Office | 14.7% |
Other | 12.1% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.8% |
High School | 44.1% |
Masters Degree | 3.5% |
Some College | 17.9% |
Some High School | 10.7% |
Other | 11.0% |
2907 County Highway 56 Comps
2907 County Highway 56, Nevada, OH 44849 is a single family home of 2,487 sqft. HomeUnion INVESTimateĀ® for 2907 County Highway 56 includes a Price Estimate of $153,152 and a Rent Estimate of $1,253. This single family home has 4 bedrooms,1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 9.82% and Total Return of 23.06%. The estimated 1 year forecast in home value for 2907 County Highway 56 is 3.78%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , WYANDOT County , or the 44849 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2