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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

4004 Smith Rd Cheviot, OH 45211

3 Beds 2 Baths 1,555 sqft Built 1952
Last updated:  Jul 30, 2018

INVESTimate

$125,196

$116K - $135K

Price Est.

$1,158

$1.1K - $1.2K

Rent Est.

$130,667  ( +4.37%)   1 YR EST. FORECAST
  
  
  

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4004 Smith Rd PROPERTY INFO

FACTS
  • Built In 1952
  • Price/Sqft : $80.51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,555 sqft
  • Baths : 1 Full 1 Half

4004 Smith Rd SCHOOLS

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Financial Details

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Neighborhood

Cheviot

  • 8,391

    POPULATION
  • 3,853

    HOUSEHOLDS
  • 61.5%

    WHITE COLLAR

Neighborhood : Cheviot

HOUSEHOLDS
3,853
POPULATION

8,391

46.8%Renters
53.2%Home Owners
LABOR FORCE

 

61.5%White Collar
38.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,015

Rent % Distribution LEVEL
$500-699 0.1%
$700-899 16.7%
$900-999 29.3%
$1,000-1,499 51.7%
>=$1,500 2.2%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 72.0%
Above $700 64.4%
Above $1,100 44.0%
Above $1,500 27.0%
Above $1,900 18.4%
HOUSEHOLD INCOME RANGE

Approximately 1,266 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 28.0%
$20K-$35K 17.1%
$35K-$60K 27.8%
$60K-$100K 16.5%
>=$100K 10.5%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 5.0%
10-14 mins 9.4%
15-19 mins 15.2%
20-29 mins 36.3%
30-44 mins 23.7%
45-59 mins 5.5%
>60 mins 2.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,015

Rent % Distribution
$500-699 0.1%
$700-899 16.7%
$900-999 29.3%
$1,000-1,499 51.7%
>=$1,500 2.2%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 72.0%
Above $700 64.4%
Above $1,100 44.0%
Above $1,500 27.0%
Above $1,900 18.4%
HOUSEHOLD INCOME RANGE

Approximately 1,266 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 28.0%
$20K-$35K 17.1%
$35K-$60K 27.8%
$60K-$100K 16.5%
>=$100K 10.5%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 5.0%
10-14 mins 9.4%
15-19 mins 15.2%
20-29 mins 36.3%
30-44 mins 23.7%
45-59 mins 5.5%
>60 mins 2.7%

Cheviot Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.4%
Financial Industries 7.4%
Health Care & Social Assistance 17.2%
Manufacturing 14.9%
Retail & Wholesale Trader 14.6%
Transportation 7.0%
Other 28.5%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 29% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 17.7%
15-19 4.0%
20-24 7.3%
25-44 32.6%
45-65 25.1%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.7%
Healthcare 10.8%
Management, Business, & Financial 14.7%
Natural Resources Maintenance 8.3%
Production & Transportation 17.3%
Sales & Office 27.4%
Other 15.7%
HIGHEST EDUCATION LEVEL

18% 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 33.4%
Masters Degree 3.8%
Some College 19.8%
Some High School 13.2%
Other 19.8%

4004 Smith Rd Comps

Sorry, we do not have sufficient data available.

4004 Smith Rd, Cheviot, OH 45211 is a single family home of 1,555 sqft. HomeUnion INVESTimateĀ® for 4004 Smith Rd includes a Price Estimate of $125,196 and a Rent Estimate of $1,158. This single family home has 3 bedrooms,2 bathrooms, and was built in 1952. This property has an estimated 15 year annualized Yield of 11.10% and Total Return of 21.91%. The estimated 1 year forecast in home value for 4004 Smith Rd is 4.37%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , HAMILTON County , or the 45211 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2