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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

3362 State Route 164 Leetonia, OH 44431

1 Beds 2 Baths 1,528 sqft Built 1981
Last updated:  Jun 30, 2018

INVESTimate

$143,244

$131K - $155K

Price Est.

$698

596 - 800

Rent Est.

$143,287  ( +0.03%)   1 YR EST. FORECAST
  
  
  

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3362 State Route 164 PROPERTY INFO

FACTS
  • Built In 1981
  • Price/Sqft : $93.75
CONSTRUCTION
  • Beds : 1
  • Floor Size : 1,528 sqft
  • Baths : 1 Full 1 Half

3362 State Route 164 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CRESTVIEW ELEMENTARY SCHOOL Primary Regular 477 25 7
CRESTVIEW HIGH SCHOOL High Regular 341 21 7

CRESTVIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 477
  • # of teachers: 25
7
GreatSchools Rating

CRESTVIEW HIGH SCHOOL

  • Education Level: High
  • # of students: 341
  • # of teachers: 21
7
GreatSchools Rating
 

Financial Details

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Neighborhood

LEETONIA

  • 4,870

    POPULATION
  • 1,887

    HOUSEHOLDS
  • 45.5%

    WHITE COLLAR

Neighborhood : LEETONIA

HOUSEHOLDS
1,887
POPULATION

4,870

20.6%Renters
79.4%Home Owners
LABOR FORCE

 

45.5%White Collar
54.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $719 per month.

MY RENT : $719 MEDIAN RENT : $908

Rent % Distribution LEVEL
$500-699 16.3%
$700-899 32.4%
$900-999 17.7%
$1,000-1,499 28.0%
>=$1,500 5.6%
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 $719 would therefore be considered affordable for annual household incomes greater than $28,760 (12 months x 3.333 x $719).

Rent % Affordability
Above $500 84.6%
Above $700 73.3%
Above $1,100 56.4%
Above $1,500 43.2%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 4,378 of households in this neighborhood have a total annual income of $28,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $719 per month.

MINIMUM INCOME RANGE : $28,760

Income % Distribution
<$20K 15.4%
$20K-$35K 18.0%
$35K-$60K 23.4%
$60K-$100K 25.9%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 13.2%
10-14 mins 19.8%
15-19 mins 12.4%
20-29 mins 19.5%
30-44 mins 17.7%
45-59 mins 4.8%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $719 per month.

MY RENT : $719 MEDIAN RENT : $908

Rent % Distribution
$500-699 16.3%
$700-899 32.4%
$900-999 17.7%
$1,000-1,499 28.0%
>=$1,500 5.6%
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 $719 would therefore be considered affordable for annual household incomes greater than $28,760 (12 months x 3.333 x $719).

Rent % Affordability
Above $500 84.6%
Above $700 73.3%
Above $1,100 56.4%
Above $1,500 43.2%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 4,378 of households in this neighborhood have a total annual income of $28,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $719 per month.

MINIMUM INCOME RANGE : $28,760

Income % Distribution
<$20K 15.4%
$20K-$35K 18.0%
$35K-$60K 23.4%
$60K-$100K 25.9%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 13.2%
10-14 mins 19.8%
15-19 mins 12.4%
20-29 mins 19.5%
30-44 mins 17.7%
45-59 mins 4.8%
>60 mins 5.0%

LEETONIA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.1%
Construction 7.1%
Health Care & Social Assistance 12.2%
Manufacturing 18.7%
Retail & Wholesale Trader 15.5%
Transportation 9.7%
Other 28.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.3%
15-19 6.3%
20-24 5.1%
25-44 22.4%
45-65 29.5%
66+ 19.3%
OCCUPATION

Occupation % Distribution
Clean 4.4%
Healthcare 8.1%
Management, Business, & Financial 11.6%
Natural Resources Maintenance 15.3%
Production & Transportation 28.1%
Sales & Office 21.0%
Other 11.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.9%
High School 46.6%
Masters Degree 3.6%
Some College 17.7%
Some High School 10.8%
Other 11.3%

3362 State Route 164 Comps

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3362 State Route 164, Leetonia, OH 44431 is a single family home of 1,528 sqft. HomeUnion INVESTimateĀ® for 3362 State Route 164 includes a Price Estimate of $143,244 and a Rent Estimate of $698. This single family home has 1 bedrooms,2 bathrooms, and was built in 1981. This property has an estimated 15 year annualized Yield of 5.85% and Total Return of 5.99%. The estimated 1 year forecast in home value for 3362 State Route 164 is 0.03%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , COLUMBIANA County , or the 44431 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2