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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

3835 Mac Nicholas Ave Cincinnati, OH 45236

4 Beds 1 Baths 1,220 sqft Built 1946
Last updated:  Jul 30, 2018

INVESTimate

$133,179

$125K - $141K

Price Est.

$1,406

$1.3K - $1.5K

Rent Est.

$139,905  ( +5.05%)   1 YR EST. FORECAST
  
  
  

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3835 Mac Nicholas Ave PROPERTY INFO

FACTS
  • Built In 1946
  • Price/Sqft : $109.16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,220 sqft
  • Baths : 1 Full

3835 Mac Nicholas Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HOLMES PRIMARY SCHOOL Primary Regular 385 16 9
AMITY ELEMENTARY SCHOOL Middle Regular 290 15 8
DEER PARK JR-SR HIGH SCHOOL High Regular 548 35 7

HOLMES PRIMARY SCHOOL

  • Education Level: Primary
  • # of students: 385
  • # of teachers: 16
9
GreatSchools Rating

AMITY ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 290
  • # of teachers: 15
8
GreatSchools Rating

DEER PARK JR-SR HIGH SCHOOL

  • Education Level: High
  • # of students: 548
  • # of teachers: 35
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Brockell Park

  • 255

    POPULATION
  • 115

    HOUSEHOLDS
  • 65.0%

    WHITE COLLAR

Neighborhood : Brockell Park

HOUSEHOLDS
115
POPULATION

255

48.6%Renters
51.4%Home Owners
LABOR FORCE

 

65.0%White Collar
35.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,406 per month.

MY RENT : $1,406 MEDIAN RENT : $1,023

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 2.7%
$900-999 37.5%
$1,000-1,499 59.8%
>=$1,500 0.0%
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 $1,406 would therefore be considered affordable for annual household incomes greater than $56,240 (12 months x 3.333 x $1,406).

Rent % Affordability
Above $500 63.6%
Above $700 58.5%
Above $1,100 44.7%
Above $1,500 27.3%
Above $1,900 19.6%
HOUSEHOLD INCOME RANGE

Approximately 32 of households in this neighborhood have a total annual income of $56,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,406 per month.

MINIMUM INCOME RANGE : $56,240

Income % Distribution
<$20K 36.4%
$20K-$35K 10.9%
$35K-$60K 25.5%
$60K-$100K 16.4%
>=$100K 10.9%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 21% 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 3.9%
5-9 mins 6.9%
10-14 mins 9.8%
15-19 mins 25.5%
20-29 mins 27.5%
30-44 mins 21.6%
45-59 mins 2.9%
>60 mins 2.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 11% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,406 per month.

MY RENT : $1,406 MEDIAN RENT : $1,023

Rent % Distribution
$500-699 0.0%
$700-899 2.7%
$900-999 37.5%
$1,000-1,499 59.8%
>=$1,500 0.0%
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 $1,406 would therefore be considered affordable for annual household incomes greater than $56,240 (12 months x 3.333 x $1,406).

Rent % Affordability
Above $500 63.6%
Above $700 58.5%
Above $1,100 44.7%
Above $1,500 27.3%
Above $1,900 19.6%
HOUSEHOLD INCOME RANGE

Approximately 32 of households in this neighborhood have a total annual income of $56,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,406 per month.

MINIMUM INCOME RANGE : $56,240

Income % Distribution
<$20K 36.4%
$20K-$35K 10.9%
$35K-$60K 25.5%
$60K-$100K 16.4%
>=$100K 10.9%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 21% 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 3.9%
5-9 mins 6.9%
10-14 mins 9.8%
15-19 mins 25.5%
20-29 mins 27.5%
30-44 mins 21.6%
45-59 mins 2.9%
>60 mins 2.0%

Brockell Park Demographics

INDUSTRY

Industry % Distribution
Health Care & Social Assistance 9.7%
Information 8.8%
Manufacturing 16.8%
Professional & Scientific Tech Services 8.8%
Retail & Wholesale Trader 17.7%
Transportation 10.6%
Other 27.4%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 15% is 24 or younger and 35% is 65 or older.

Age % Distribution
<15 13.7%
15-19 1.2%
20-24 0.4%
25-44 28.6%
45-65 20.8%
66+ 35.3%
OCCUPATION

Occupation % Distribution
Clean 3.4%
Computer Engineering 14.8%
Education 4.5%
Management, Business, & Financial 11.4%
Production & Transportation 14.8%
Sales & Office 42.0%
Other 9.1%
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 4.6%
High School 41.0%
Masters Degree 3.6%
Some College 22.6%
Some High School 8.7%
Other 19.5%

3835 Mac Nicholas Ave Comps

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3835 Mac Nicholas Ave, Cincinnati, OH 45236 is a single family home of 1,220 sqft. HomeUnion INVESTimate® for 3835 Mac Nicholas Ave includes a Price Estimate of $133,179 and a Rent Estimate of $1,406. This single family home has 4 bedrooms,1 bathrooms, and was built in 1946. This property has an estimated 15 year annualized Yield of 12.67% and Total Return of 28.75%. The estimated 1 year forecast in home value for 3835 Mac Nicholas Ave is 5.05%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH, HAMILTON County, or the 45236 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2