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5694 Ensign Rd PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $79.83
CONSTRUCTION
- Beds : 4
- Floor Size : 2,088 sqft
- Baths : 1 Full
5694 Ensign Rd SCHOOLS
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Financial Details
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WEST FARMINGTON
Neighborhood : WEST FARMINGTON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,034 per month.
MY RENT : $1,034 MEDIAN RENT : $888
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 $1,034 would therefore be considered affordable for annual household incomes greater than $41,360 (12 months x 3.333 x $1,034).
HOUSEHOLD INCOME RANGE
Approximately 618 of households in this neighborhood have a total annual income of $41,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,034 per month.
MINIMUM INCOME RANGE : $41,360
COMMUTE TIME DISTRIBUTION
59% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
WEST FARMINGTON Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 3.9% |
| Construction | 19.6% |
| Educational Services | 3.9% |
| Health Care & Social Assistance | 8.0% |
| Manufacturing | 26.8% |
| Retail & Wholesale Trader | 13.1% |
| Other | 24.8% |
AGE DISTRIBUTION
44% of the population is between the ages of 25 and 64, 43% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 31.7% |
| 15-19 | 6.8% |
| 20-24 | 4.6% |
| 25-44 | 23.0% |
| 45-65 | 21.1% |
| 66+ | 12.7% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 2.4% |
| Computer Engineering | 2.3% |
| Management, Business, & Financial | 11.8% |
| Natural Resources Maintenance | 26.1% |
| Production & Transportation | 32.8% |
| Sales & Office | 19.0% |
| Other | 5.5% |
HIGHEST EDUCATION LEVEL
8% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 4.7% |
| High School | 38.4% |
| Masters Degree | 2.4% |
| Some College | 14.0% |
| Some High School | 31.6% |
| Other | 8.8% |
5694 Ensign Rd Comps
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5694 Ensign Rd, West Farmington, OH 44491 is a single family home of 2,088 sqft. HomeUnion INVESTimateĀ® for 5694 Ensign Rd includes a Price Estimate of $166,679 and a Rent Estimate of $1,265. This single family home has 4 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 9.11% and Total Return of 17.13%. The estimated 1 year forecast in home value for 5694 Ensign Rd is 2.5%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , TRUMBULL County , or the 44491 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
