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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

52 E Mitchell Ave Cincinnati, OH 45217

3 Beds 1 Baths 1,506 sqft Built 1914
Last updated:  Jul 30, 2018

INVESTimate

$96,330

$87.1K - $106K

Price Est.

$1,116

994 - $1.2K

Rent Est.

$101,590  ( +5.46%)   1 YR EST. FORECAST
  
  
  

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52 E Mitchell Ave PROPERTY INFO

FACTS
  • Built In 1914
  • Price/Sqft : $63.96
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,506 sqft
  • Baths : 1 Full

52 E Mitchell Ave SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

St. Bernard

  • 4,299

    POPULATION
  • 1,652

    HOUSEHOLDS
  • 54.9%

    WHITE COLLAR

Neighborhood : St. Bernard

HOUSEHOLDS
1,652
POPULATION

4,299

43.7%Renters
56.3%Home Owners
LABOR FORCE

 

54.9%White Collar
45.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,077 per month.

MY RENT : $1,077 MEDIAN RENT : $1,188

Rent % Distribution LEVEL
$500-699 2.7%
$700-899 9.2%
$900-999 8.0%
$1,000-1,499 61.3%
>=$1,500 18.8%
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 $1,077 would therefore be considered affordable for annual household incomes greater than $43,080 (12 months x 3.333 x $1,077).

Rent % Affordability
Above $500 83.6%
Above $700 69.9%
Above $1,100 54.4%
Above $1,500 33.3%
Above $1,900 25.1%
HOUSEHOLD INCOME RANGE

Approximately 688 of households in this neighborhood have a total annual income of $43,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,077 per month.

MINIMUM INCOME RANGE : $43,080

Income % Distribution
<$20K 16.4%
$20K-$35K 20.4%
$35K-$60K 29.9%
$60K-$100K 18.7%
>=$100K 14.6%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.9%
5-9 mins 7.2%
10-14 mins 16.0%
15-19 mins 18.8%
20-29 mins 32.6%
30-44 mins 12.2%
45-59 mins 0.8%
>60 mins 4.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,077 per month.

MY RENT : $1,077 MEDIAN RENT : $1,188

Rent % Distribution
$500-699 2.7%
$700-899 9.2%
$900-999 8.0%
$1,000-1,499 61.3%
>=$1,500 18.8%
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 $1,077 would therefore be considered affordable for annual household incomes greater than $43,080 (12 months x 3.333 x $1,077).

Rent % Affordability
Above $500 83.6%
Above $700 69.9%
Above $1,100 54.4%
Above $1,500 33.3%
Above $1,900 25.1%
HOUSEHOLD INCOME RANGE

Approximately 688 of households in this neighborhood have a total annual income of $43,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,077 per month.

MINIMUM INCOME RANGE : $43,080

Income % Distribution
<$20K 16.4%
$20K-$35K 20.4%
$35K-$60K 29.9%
$60K-$100K 18.7%
>=$100K 14.6%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.9%
5-9 mins 7.2%
10-14 mins 16.0%
15-19 mins 18.8%
20-29 mins 32.6%
30-44 mins 12.2%
45-59 mins 0.8%
>60 mins 4.5%

St. Bernard Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.3%
Educational Services 6.8%
Health Care & Social Assistance 20.8%
Manufacturing 15.0%
Retail & Wholesale Trader 15.6%
Transportation 5.8%
Other 26.8%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 18.5%
15-19 8.5%
20-24 7.5%
25-44 25.3%
45-65 27.9%
66+ 12.2%
OCCUPATION

Occupation % Distribution
Clean 5.3%
Healthcare 17.8%
Management, Business, & Financial 12.3%
Natural Resources Maintenance 10.2%
Production & Transportation 11.5%
Sales & Office 27.5%
Other 15.4%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.5%
High School 42.8%
Masters Degree 2.6%
Some College 23.1%
Some High School 11.4%
Other 12.7%

52 E Mitchell Ave Comps

Sorry, we do not have sufficient data available.

52 E Mitchell Ave, Cincinnati, OH 45217 is a single family home of 1,506 sqft. HomeUnion INVESTimateĀ® for 52 E Mitchell Ave includes a Price Estimate of $96,330 and a Rent Estimate of $1,116. This single family home has 3 bedrooms,1 bathrooms, and was built in 1914. This property has an estimated 15 year annualized Yield of 13.90% and Total Return of 30.04%. The estimated 1 year forecast in home value for 52 E Mitchell Ave is 5.46%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , HAMILTON County , or the 45217 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2