Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

4477 Grove Ave Cheviot, OH 45211

2 Beds 1 Baths 1,147 sqft Built 1948
Last updated:  Jul 30, 2018

INVESTimate

$115,677

$107K - $124K

Price Est.

$1,101

$1.0K - $1.2K

Rent Est.

$120,385  ( +4.07%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230

4477 Grove Ave PROPERTY INFO

FACTS
  • Built In 1948
  • Price/Sqft : $100.85
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,147 sqft
  • Baths : 1 Full

4477 Grove Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
OAKDALE ELEMENTARY SCHOOL Primary Regular 682 31 NA
BRIDGETOWN MIDDLE SCHOOL Middle Regular 606 33 NA
OAK HILLS HIGH SCHOOL High Regular 2,537 140 5

OAKDALE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 682
  • # of teachers: 31
-1
GreatSchools Rating

BRIDGETOWN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 606
  • # of teachers: 33
-1
GreatSchools Rating

OAK HILLS HIGH SCHOOL

  • Education Level: High
  • # of students: 2,537
  • # of teachers: 140
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Bridgetown North

  • 11,902

    POPULATION
  • 4,858

    HOUSEHOLDS
  • 62.0%

    WHITE COLLAR

Neighborhood : Bridgetown North

HOUSEHOLDS
4,858
POPULATION

11,902

21.0%Renters
79.0%Home Owners
LABOR FORCE

 

62.0%White Collar
38.0%Blue Collar
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 $1,035 per month.

MY RENT : $1,035 MEDIAN RENT : $1,087

Rent % Distribution LEVEL
$500-699 0.7%
$700-899 12.3%
$900-999 16.1%
$1,000-1,499 66.0%
>=$1,500 4.9%
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 $1,035 would therefore be considered affordable for annual household incomes greater than $41,400 (12 months x 3.333 x $1,035).

Rent % Affordability
Above $500 86.5%
Above $700 77.8%
Above $1,100 63.0%
Above $1,500 48.1%
Above $1,900 34.3%
HOUSEHOLD INCOME RANGE

Approximately 2,659 of households in this neighborhood have a total annual income of $41,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,035 per month.

MINIMUM INCOME RANGE : $41,400

Income % Distribution
<$20K 13.5%
$20K-$35K 17.0%
$35K-$60K 21.4%
$60K-$100K 31.7%
>=$100K 16.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.8%
10-14 mins 12.2%
15-19 mins 13.0%
20-29 mins 25.9%
30-44 mins 27.3%
45-59 mins 6.3%
>60 mins 3.2%
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 $1,035 per month.

MY RENT : $1,035 MEDIAN RENT : $1,087

Rent % Distribution
$500-699 0.7%
$700-899 12.3%
$900-999 16.1%
$1,000-1,499 66.0%
>=$1,500 4.9%
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 $1,035 would therefore be considered affordable for annual household incomes greater than $41,400 (12 months x 3.333 x $1,035).

Rent % Affordability
Above $500 86.5%
Above $700 77.8%
Above $1,100 63.0%
Above $1,500 48.1%
Above $1,900 34.3%
HOUSEHOLD INCOME RANGE

Approximately 2,659 of households in this neighborhood have a total annual income of $41,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,035 per month.

MINIMUM INCOME RANGE : $41,400

Income % Distribution
<$20K 13.5%
$20K-$35K 17.0%
$35K-$60K 21.4%
$60K-$100K 31.7%
>=$100K 16.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.8%
10-14 mins 12.2%
15-19 mins 13.0%
20-29 mins 25.9%
30-44 mins 27.3%
45-59 mins 6.3%
>60 mins 3.2%

Bridgetown North Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.7%
Construction 8.0%
Health Care & Social Assistance 20.0%
Manufacturing 12.9%
Professional & Scientific Tech Services 5.1%
Retail & Wholesale Trader 15.4%
Other 30.9%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 30% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.5%
15-19 6.9%
20-24 5.5%
25-44 25.9%
45-65 25.7%
66+ 18.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.6%
Healthcare 14.9%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 10.6%
Production & Transportation 12.1%
Sales & Office 29.1%
Other 13.6%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.1%
High School 40.0%
Masters Degree 5.3%
Some College 22.5%
Some High School 7.4%
Other 16.7%

4477 Grove Ave Comps

Sorry, we do not have sufficient data available.

4477 Grove Ave, Cheviot, OH 45211 is a single family home of 1,147 sqft. HomeUnion INVESTimateĀ® for 4477 Grove Ave includes a Price Estimate of $115,677 and a Rent Estimate of $1,101. This single family home has 2 bedrooms,1 bathrooms, and was built in 1948. This property has an estimated 15 year annualized Yield of 11.42% and Total Return of 23.88%. The estimated 1 year forecast in home value for 4477 Grove Ave is 4.07%.

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