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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

33723 State Route 78 Lewisville, OH 43754

3 Beds 1 Baths 1,420 sqft Built 0
Last updated:  Jun 30, 2018

INVESTimate

$75,431

$68.9K - $82.0K

Price Est.

$911

778 - $1.0K

Rent Est.

$75,431  ( 0%)   1 YR EST. FORECAST
  
  
  

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33723 State Route 78 PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $53.12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,420 sqft
  • Baths : 1 Full

33723 State Route 78 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WOODSFIELD ELEMENTARY SCHOOL Primary Regular 463 24 NA
WOODSFIELD ELEMENTARY SCHOOL Middle Regular 463 24 NA
MONROE CENTRAL HIGH SCHOOL High Regular 284 16 NA

WOODSFIELD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 463
  • # of teachers: 24
-1
GreatSchools Rating

WOODSFIELD ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 463
  • # of teachers: 24
-1
GreatSchools Rating

MONROE CENTRAL HIGH SCHOOL

  • Education Level: High
  • # of students: 284
  • # of teachers: 16
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

LEWISVILLE

  • 1,489

    POPULATION
  • 592

    HOUSEHOLDS
  • 40.7%

    WHITE COLLAR

Neighborhood : LEWISVILLE

HOUSEHOLDS
592
POPULATION

1,489

25.3%Renters
74.7%Home Owners
LABOR FORCE

 

40.7%White Collar
59.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $937 per month.

MY RENT : $937 MEDIAN RENT : $916

Rent % Distribution LEVEL
$500-699 1.0%
$700-899 45.2%
$900-999 19.1%
$1,000-1,499 34.2%
>=$1,500 0.5%
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 $937 would therefore be considered affordable for annual household incomes greater than $37,480 (12 months x 3.333 x $937).

Rent % Affordability
Above $500 82.3%
Above $700 76.5%
Above $1,100 58.1%
Above $1,500 43.9%
Above $1,900 33.5%
HOUSEHOLD INCOME RANGE

Approximately 313 of households in this neighborhood have a total annual income of $37,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $937 per month.

MINIMUM INCOME RANGE : $37,480

Income % Distribution
<$20K 17.7%
$20K-$35K 14.4%
$35K-$60K 24.0%
$60K-$100K 28.7%
>=$100K 15.2%
COMMUTE TIME DISTRIBUTION

34% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.2%
5-9 mins 5.6%
10-14 mins 7.3%
15-19 mins 12.3%
20-29 mins 5.9%
30-44 mins 16.1%
45-59 mins 11.9%
>60 mins 30.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $937 per month.

MY RENT : $937 MEDIAN RENT : $916

Rent % Distribution
$500-699 1.0%
$700-899 45.2%
$900-999 19.1%
$1,000-1,499 34.2%
>=$1,500 0.5%
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 $937 would therefore be considered affordable for annual household incomes greater than $37,480 (12 months x 3.333 x $937).

Rent % Affordability
Above $500 82.3%
Above $700 76.5%
Above $1,100 58.1%
Above $1,500 43.9%
Above $1,900 33.5%
HOUSEHOLD INCOME RANGE

Approximately 313 of households in this neighborhood have a total annual income of $37,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $937 per month.

MINIMUM INCOME RANGE : $37,480

Income % Distribution
<$20K 17.7%
$20K-$35K 14.4%
$35K-$60K 24.0%
$60K-$100K 28.7%
>=$100K 15.2%
COMMUTE TIME DISTRIBUTION

34% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 43% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 10.2%
5-9 mins 5.6%
10-14 mins 7.3%
15-19 mins 12.3%
20-29 mins 5.9%
30-44 mins 16.1%
45-59 mins 11.9%
>60 mins 30.8%

LEWISVILLE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.2%
Construction 13.2%
Health Care & Social Assistance 16.4%
Professional & Scientific Tech Services 10.5%
Retail & Wholesale Trader 10.7%
Transportation 8.6%
Other 31.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 30% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 22.5%
15-19 3.9%
20-24 3.9%
25-44 26.7%
45-65 24.8%
66+ 18.2%
OCCUPATION

Occupation % Distribution
Clean 2.7%
Healthcare 5.9%
Management, Business, & Financial 9.6%
Natural Resources Maintenance 21.6%
Production & Transportation 22.1%
Sales & Office 28.5%
Other 9.6%
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 13.6%
High School 53.2%
Masters Degree 2.5%
Some College 13.7%
Some High School 9.5%
Other 7.4%

33723 State Route 78 Comps

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33723 State Route 78, Lewisville, OH 43754 is a single family home of 1,420 sqft. HomeUnion INVESTimateĀ® for 33723 State Route 78 includes a Price Estimate of $75,431 and a Rent Estimate of $911. This single family home has 3 bedrooms,1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 14.49% and Total Return of 23.64%. The estimated 1 year forecast in home value for 33723 State Route 78 is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , MONROE County , or the 43754 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2