INVESTimate
$27,760
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
4027 Smith Rd PROPERTY INFO
FACTS
- Built In 1948
- Price/Sqft : $63.92
CONSTRUCTION
- Beds : 2
- Floor Size : 960 sqft
- Baths : 1 Full
4027 Smith Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Cheviot
Neighborhood : Cheviot
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $958 per month.
MY RENT : $958 MEDIAN RENT : $1,015
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 $958 would therefore be considered affordable for annual household incomes greater than $38,320 (12 months x 3.333 x $958).
HOUSEHOLD INCOME RANGE
Approximately 1,429 of households in this neighborhood have a total annual income of $38,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $958 per month.
MINIMUM INCOME RANGE : $38,320
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.
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% |
4027 Smith Rd Comps
4027 Smith Rd, Cheviot, OH 45211 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 4027 Smith Rd includes a Price Estimate of $61,360 and a Rent Estimate of $994. This single family home has 2 bedrooms,1 bathrooms, and was built in 1948. This property has an estimated 15 year annualized Yield of 19.44% and Total Return of 32.58%. The estimated 1 year forecast in home value for 4027 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