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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

59845 Us Highway 50 Mc Arthur, OH 45651

0 Beds 1 Baths 1,120 sqft Built 1980
Last updated:  Jun 30, 2018

INVESTimate

$88,700

$81.0K - $96.4K

Price Est.

$691

590 - 792

Rent Est.

$90,696  ( +2.25%)   1 YR EST. FORECAST
  
  
  

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59845 Us Highway 50 PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $79.20
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,120 sqft
  • Baths : 1 Full

59845 Us Highway 50 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VINTON COUNTY HIGH SCHOOL High Regular 631 48 4

VINTON COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 631
  • # of teachers: 48
4
GreatSchools Rating
 

Financial Details

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Neighborhood

MC ARTHUR

  • 5,771

    POPULATION
  • 2,223

    HOUSEHOLDS
  • 44.6%

    WHITE COLLAR

Neighborhood : MC ARTHUR

HOUSEHOLDS
2,223
POPULATION

5,771

30.4%Renters
69.6%Home Owners
LABOR FORCE

 

44.6%White Collar
55.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $699 per month.

MY RENT : $699 MEDIAN RENT : $763

Rent % Distribution LEVEL
$500-699 15.2%
$700-899 59.0%
$900-999 8.1%
$1,000-1,499 16.4%
>=$1,500 1.3%
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 $699 would therefore be considered affordable for annual household incomes greater than $27,960 (12 months x 3.333 x $699).

Rent % Affordability
Above $500 75.0%
Above $700 65.9%
Above $1,100 48.8%
Above $1,500 36.3%
Above $1,900 26.1%
HOUSEHOLD INCOME RANGE

Approximately 4,653 of households in this neighborhood have a total annual income of $27,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $699 per month.

MINIMUM INCOME RANGE : $27,960

Income % Distribution
<$20K 25.0%
$20K-$35K 16.4%
$35K-$60K 22.3%
$60K-$100K 20.9%
>=$100K 15.3%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 14.8%
10-14 mins 12.7%
15-19 mins 9.4%
20-29 mins 6.0%
30-44 mins 24.9%
45-59 mins 17.2%
>60 mins 8.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 85% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $699 per month.

MY RENT : $699 MEDIAN RENT : $763

Rent % Distribution
$500-699 15.2%
$700-899 59.0%
$900-999 8.1%
$1,000-1,499 16.4%
>=$1,500 1.3%
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 $699 would therefore be considered affordable for annual household incomes greater than $27,960 (12 months x 3.333 x $699).

Rent % Affordability
Above $500 75.0%
Above $700 65.9%
Above $1,100 48.8%
Above $1,500 36.3%
Above $1,900 26.1%
HOUSEHOLD INCOME RANGE

Approximately 4,653 of households in this neighborhood have a total annual income of $27,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $699 per month.

MINIMUM INCOME RANGE : $27,960

Income % Distribution
<$20K 25.0%
$20K-$35K 16.4%
$35K-$60K 22.3%
$60K-$100K 20.9%
>=$100K 15.3%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 14.8%
10-14 mins 12.7%
15-19 mins 9.4%
20-29 mins 6.0%
30-44 mins 24.9%
45-59 mins 17.2%
>60 mins 8.5%

MC ARTHUR Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.0%
Construction 7.4%
Educational Services 9.9%
Health Care & Social Assistance 16.9%
Manufacturing 20.6%
Retail & Wholesale Trader 11.2%
Other 27.0%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 18.9%
15-19 6.1%
20-24 5.2%
25-44 24.8%
45-65 29.5%
66+ 15.5%
OCCUPATION

Occupation % Distribution
Construction 6.4%
Healthcare 10.6%
Management, Business, & Financial 7.0%
Natural Resources Maintenance 18.4%
Production & Transportation 21.8%
Sales & Office 15.5%
Other 20.3%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.3%
High School 44.0%
Masters Degree 3.0%
Some College 18.3%
Some High School 17.7%
Other 8.8%

59845 Us Highway 50 Comps

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59845 Us Highway 50, Mc Arthur, OH 45651 is a single family home of 1,120 sqft. HomeUnion INVESTimateĀ® for 59845 Us Highway 50 includes a Price Estimate of $88,700 and a Rent Estimate of $691. This single family home has 0 bedrooms,1 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 9.35% and Total Return of 16.40%. The estimated 1 year forecast in home value for 59845 Us Highway 50 is 2.25%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , VINTON County , or the 45651 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2