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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

416 N Goodbread St Nevada, OH 44849

2 Beds 2 Baths 1,132 sqft Built 1974
Last updated:  Jul 30, 2018

INVESTimate

$68,064

$61.9K - $74.3K

Price Est.

$934

797 - $1.1K

Rent Est.

$70,637  ( +3.78%)   1 YR EST. FORECAST
  
  
  

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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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Neighborhood

NEVADA

  • 2,318

    POPULATION
  • 962

    HOUSEHOLDS
  • 48.9%

    WHITE COLLAR

Neighborhood : NEVADA

HOUSEHOLDS
962
POPULATION

2,318

27.1%Renters
72.9%Home Owners
LABOR FORCE

 

48.9%White Collar
51.1%Blue Collar
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

Rent % Distribution LEVEL
$500-699 17.6%
$700-899 32.6%
$900-999 14.1%
$1,000-1,499 33.7%
>=$1,500 1.9%
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).

Rent % Affordability
Above $500 85.1%
Above $700 70.8%
Above $1,100 50.3%
Above $1,500 37.9%
Above $1,900 25.0%
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

Income % Distribution
<$20K 14.9%
$20K-$35K 22.3%
$35K-$60K 24.8%
$60K-$100K 23.8%
>=$100K 14.1%
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.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 3.9%
10-14 mins 13.6%
15-19 mins 21.1%
20-29 mins 23.1%
30-44 mins 19.2%
45-59 mins 8.1%
>60 mins 6.0%
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

Rent % Distribution
$500-699 17.6%
$700-899 32.6%
$900-999 14.1%
$1,000-1,499 33.7%
>=$1,500 1.9%
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).

Rent % Affordability
Above $500 85.1%
Above $700 70.8%
Above $1,100 50.3%
Above $1,500 37.9%
Above $1,900 25.0%
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

Income % Distribution
<$20K 14.9%
$20K-$35K 22.3%
$35K-$60K 24.8%
$60K-$100K 23.8%
>=$100K 14.1%
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.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 3.9%
10-14 mins 13.6%
15-19 mins 21.1%
20-29 mins 23.1%
30-44 mins 19.2%
45-59 mins 8.1%
>60 mins 6.0%

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

Sorry, we do not have sufficient data available.

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