INVESTimate
$29,537
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416 N Goodbread St PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $60.13
CONSTRUCTION
- Beds : 2
- Floor Size : 1,132 sqft
- Baths : 2 Full
416 N Goodbread St SCHOOLS
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Financial Details
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NEVADA
Neighborhood : NEVADA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $884 per month.
MY RENT : $884 MEDIAN RENT : $898
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 $884 would therefore be considered affordable for annual household incomes greater than $35,360 (12 months x 3.333 x $884).
HOUSEHOLD INCOME RANGE
Approximately 463 of households in this neighborhood have a total annual income of $35,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $884 per month.
MINIMUM INCOME RANGE : $35,360
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
NEVADA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 5.4% |
| Construction | 7.0% |
| Health Care & Social Assistance | 13.4% |
| Manufacturing | 28.8% |
| Professional & Scientific Tech Services | 5.4% |
| Retail & Wholesale Trader | 12.5% |
| Other | 27.7% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 28% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.1% |
| 15-19 | 4.4% |
| 20-24 | 3.0% |
| 25-44 | 23.9% |
| 45-65 | 30.6% |
| 66+ | 18.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 5.1% |
| Healthcare | 9.1% |
| Management, Business, & Financial | 17.9% |
| Natural Resources Maintenance | 11.1% |
| Production & Transportation | 30.0% |
| Sales & Office | 14.7% |
| Other | 12.1% |
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 | 12.8% |
| High School | 44.1% |
| Masters Degree | 3.5% |
| Some College | 17.9% |
| Some High School | 10.7% |
| Other | 11.0% |
416 N Goodbread St Comps
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416 N Goodbread St, Nevada, OH 44849 is a single family home of 1,132 sqft. HomeUnion INVESTimateĀ® for 416 N Goodbread St includes a Price Estimate of $68,064 and a Rent Estimate of $934. This single family home has 2 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 16.47% and Total Return of 29.85%. The estimated 1 year forecast in home value for 416 N Goodbread St is 3.78%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , WYANDOT County , or the 44849 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
