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4779 Township Road 173 PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $74.28
CONSTRUCTION
- Beds : 1
- Floor Size : 2,576 sqft
- Baths : 1 Full 1 Half
4779 Township Road 173 SCHOOLS
Financial Details
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FOREST
Neighborhood : FOREST
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $802 per month.
MY RENT : $802 MEDIAN RENT : $946
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 $802 would therefore be considered affordable for annual household incomes greater than $32,080 (12 months x 3.333 x $802).
HOUSEHOLD INCOME RANGE
Approximately 3,193 of households in this neighborhood have a total annual income of $32,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $802 per month.
MINIMUM INCOME RANGE : $32,080
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
FOREST Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 8.1% |
Educational Services | 9.2% |
Health Care & Social Assistance | 11.7% |
Manufacturing | 30.6% |
Retail & Wholesale Trader | 13.5% |
Transportation | 7.4% |
Other | 19.5% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 38% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 25.1% |
15-19 | 7.1% |
20-24 | 5.5% |
25-44 | 25.4% |
45-65 | 24.1% |
66+ | 12.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.4% |
Healthcare | 4.4% |
Management, Business, & Financial | 13.3% |
Natural Resources Maintenance | 12.7% |
Production & Transportation | 35.0% |
Sales & Office | 16.6% |
Other | 12.5% |
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 | 8.8% |
High School | 48.8% |
Masters Degree | 5.3% |
Some College | 20.2% |
Some High School | 8.8% |
Other | 8.0% |
4779 Township Road 173 Comps
4779 Township Road 173, Forest, OH 45843 is a single family home of 2,576 sqft. HomeUnion INVESTimateĀ® for 4779 Township Road 173 includes a Price Estimate of $191,342 and a Rent Estimate of $771. This single family home has 1 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 4.84% and Total Return of 17.14%. The estimated 1 year forecast in home value for 4779 Township Road 173 is 7.3%.
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