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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

3411 Pennsylvania Ave Ne Zoarville, OH 44656

3 Beds 1 Baths 1,476 sqft Built 1942
Last updated:  Jul 30, 2018

INVESTimate

$118,764

$109K - $129K

Price Est.

$833

731 - 935

Rent Est.

$126,365  ( +6.4%)   1 YR EST. FORECAST
  
  
  

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3411 Pennsylvania Ave Ne PROPERTY INFO

FACTS
  • Built In 1942
  • Price/Sqft : $80.46
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,476 sqft
  • Baths : 1 Full

3411 Pennsylvania Ave Ne SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TUSCARAWAS VALLEY PRIMARY SCHOOL Primary Regular 224 12 NA

TUSCARAWAS VALLEY PRIMARY SCHOOL

  • Education Level: Primary
  • # of students: 224
  • # of teachers: 12
0
GreatSchools Rating
 

Financial Details

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Neighborhood

MINERAL CITY

  • 3,040

    POPULATION
  • 1,253

    HOUSEHOLDS
  • 47.6%

    WHITE COLLAR

Neighborhood : MINERAL CITY

HOUSEHOLDS
1,253
POPULATION

3,040

18.3%Renters
81.7%Home Owners
LABOR FORCE

 

47.6%White Collar
52.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $972 per month.

MY RENT : $972 MEDIAN RENT : $939

Rent % Distribution LEVEL
$500-699 6.9%
$700-899 36.6%
$900-999 17.3%
$1,000-1,499 35.5%
>=$1,500 3.8%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 86.1%
Above $700 74.7%
Above $1,100 56.8%
Above $1,500 43.2%
Above $1,900 34.7%
HOUSEHOLD INCOME RANGE

Approximately 652 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 13.9%
$20K-$35K 17.9%
$35K-$60K 25.0%
$60K-$100K 21.6%
>=$100K 21.6%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 3.8%
10-14 mins 7.7%
15-19 mins 18.4%
20-29 mins 26.5%
30-44 mins 29.3%
45-59 mins 6.5%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $972 per month.

MY RENT : $972 MEDIAN RENT : $939

Rent % Distribution
$500-699 6.9%
$700-899 36.6%
$900-999 17.3%
$1,000-1,499 35.5%
>=$1,500 3.8%
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 $972 would therefore be considered affordable for annual household incomes greater than $38,880 (12 months x 3.333 x $972).

Rent % Affordability
Above $500 86.1%
Above $700 74.7%
Above $1,100 56.8%
Above $1,500 43.2%
Above $1,900 34.7%
HOUSEHOLD INCOME RANGE

Approximately 652 of households in this neighborhood have a total annual income of $38,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $972 per month.

MINIMUM INCOME RANGE : $38,880

Income % Distribution
<$20K 13.9%
$20K-$35K 17.9%
$35K-$60K 25.0%
$60K-$100K 21.6%
>=$100K 21.6%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 3.8%
10-14 mins 7.7%
15-19 mins 18.4%
20-29 mins 26.5%
30-44 mins 29.3%
45-59 mins 6.5%
>60 mins 4.8%

MINERAL CITY Demographics

INDUSTRY

Industry % Distribution
Administrative Support 9.9%
Arts & Entertainment 10.3%
Construction 9.6%
Health Care & Social Assistance 12.1%
Manufacturing 21.5%
Retail & Wholesale Trader 11.8%
Other 24.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 23% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 12.3%
15-19 7.9%
20-24 3.0%
25-44 20.4%
45-65 35.1%
66+ 21.2%
OCCUPATION

Occupation % Distribution
Healthcare 6.3%
Management, Business, & Financial 10.7%
Natural Resources Maintenance 14.0%
Production & Transportation 33.5%
Sales & Office 17.9%
Social 9.3%
Other 8.3%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.8%
High School 57.4%
Masters Degree 3.6%
Some College 18.1%
Some High School 7.4%
Other 6.7%

3411 Pennsylvania Ave Ne Comps

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3411 Pennsylvania Ave Ne, Zoarville, OH 44656 is a single family home of 1,476 sqft. HomeUnion INVESTimateĀ® for 3411 Pennsylvania Ave Ne includes a Price Estimate of $118,764 and a Rent Estimate of $833. This single family home has 3 bedrooms,1 bathrooms, and was built in 1942. This property has an estimated 15 year annualized Yield of 8.42% and Total Return of 20.33%. The estimated 1 year forecast in home value for 3411 Pennsylvania Ave Ne is 6.4%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , TUSCARAWAS County , or the 44656 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2