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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

325 S Main St Botkins, OH 45306

3 Beds 2 Baths 1,188 sqft Built 1977
Last updated:  Jun 30, 2018

INVESTimate

$112,861

$102K - $123K

Price Est.

$997

851 - $1.1K

Rent Est.

$124,204  ( +10.05%)   1 YR EST. FORECAST
  
  
  

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325 S Main St PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $95.00
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,188 sqft
  • Baths : 1 Full 1 Half

325 S Main St SCHOOLS

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Financial Details

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Neighborhood

BOTKINS

  • 2,373

    POPULATION
  • 933

    HOUSEHOLDS
  • 50.5%

    WHITE COLLAR

Neighborhood : BOTKINS

HOUSEHOLDS
933
POPULATION

2,373

22.4%Renters
77.6%Home Owners
LABOR FORCE

 

50.5%White Collar
49.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $984 per month.

MY RENT : $984 MEDIAN RENT : $1,113

Rent % Distribution LEVEL
$500-699 3.6%
$700-899 10.8%
$900-999 14.2%
$1,000-1,499 58.6%
>=$1,500 12.8%
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 $984 would therefore be considered affordable for annual household incomes greater than $39,360 (12 months x 3.333 x $984).

Rent % Affordability
Above $500 91.9%
Above $700 85.9%
Above $1,100 69.6%
Above $1,500 52.4%
Above $1,900 40.5%
HOUSEHOLD INCOME RANGE

Approximately 575 of households in this neighborhood have a total annual income of $39,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $984 per month.

MINIMUM INCOME RANGE : $39,360

Income % Distribution
<$20K 8.1%
$20K-$35K 12.2%
$35K-$60K 27.3%
$60K-$100K 26.6%
>=$100K 25.8%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.6%
5-9 mins 16.3%
10-14 mins 9.3%
15-19 mins 22.2%
20-29 mins 23.8%
30-44 mins 12.3%
45-59 mins 2.7%
>60 mins 2.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $984 per month.

MY RENT : $984 MEDIAN RENT : $1,113

Rent % Distribution
$500-699 3.6%
$700-899 10.8%
$900-999 14.2%
$1,000-1,499 58.6%
>=$1,500 12.8%
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 $984 would therefore be considered affordable for annual household incomes greater than $39,360 (12 months x 3.333 x $984).

Rent % Affordability
Above $500 91.9%
Above $700 85.9%
Above $1,100 69.6%
Above $1,500 52.4%
Above $1,900 40.5%
HOUSEHOLD INCOME RANGE

Approximately 575 of households in this neighborhood have a total annual income of $39,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $984 per month.

MINIMUM INCOME RANGE : $39,360

Income % Distribution
<$20K 8.1%
$20K-$35K 12.2%
$35K-$60K 27.3%
$60K-$100K 26.6%
>=$100K 25.8%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.6%
5-9 mins 16.3%
10-14 mins 9.3%
15-19 mins 22.2%
20-29 mins 23.8%
30-44 mins 12.3%
45-59 mins 2.7%
>60 mins 2.8%

BOTKINS Demographics

INDUSTRY

Industry % Distribution
Construction 7.9%
Educational Services 8.3%
Health Care & Social Assistance 8.9%
Manufacturing 31.5%
Retail & Wholesale Trader 13.1%
Transportation 5.2%
Other 25.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 23.9%
15-19 5.8%
20-24 4.3%
25-44 24.4%
45-65 27.8%
66+ 13.8%
OCCUPATION

Occupation % Distribution
Construction 5.4%
Healthcare 5.2%
Management, Business, & Financial 14.5%
Natural Resources Maintenance 14.7%
Production & Transportation 31.3%
Sales & Office 15.2%
Other 13.7%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.0%
High School 44.3%
Masters Degree 7.5%
Some College 16.4%
Some High School 5.0%
Other 14.7%

325 S Main St Comps

Sorry, we do not have sufficient data available.

325 S Main St, Botkins, OH 45306 is a single family home of 1,188 sqft. HomeUnion INVESTimateĀ® for 325 S Main St includes a Price Estimate of $112,861 and a Rent Estimate of $997. This single family home has 3 bedrooms,2 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 10.60% and Total Return of 33.19%. The estimated 1 year forecast in home value for 325 S Main St is 10.05%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , SHELBY County , or the 45306 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2