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

6079 Leetonia Rd Leetonia, OH 44431

3 Beds 3 Baths 1,104 sqft Built 1978
Last updated:  Jun 30, 2018

INVESTimate

$127,601

$117K - $138K

Price Est.

$996

850 - $1.1K

Rent Est.

$127,639  ( +0.03%)   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
  • 142 Repose Ln San Antonio, TX
    • 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1973 ∙ 1units 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE
    • 15.59% GROSS YIELD
    • $7,378 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $97,000
    • $31,455
    • $1,260
  • 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
  • 1801 E 9th Avenue Corsicana, TX
    • 3 beds 2 baths ∙ 1,353 Sqft ∙ Built 2000 ∙ 1units 3 beds 2 baths ∙ 1,353 Sqft ∙ Built 2000 ∙ 1units
    AVAILABLE
    • 13.50% GROSS YIELD
    • $6,767 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $104,000
    • $33,310
    • $1,170

6079 Leetonia Rd PROPERTY INFO

FACTS
  • Built In 1978
  • Price/Sqft : $115.58
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,104 sqft
  • Baths : 1 Full 2 Half

6079 Leetonia Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCKINLEY ELEMENTARY SCHOOL Primary Regular 462 29 7

MCKINLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 462
  • # of teachers: 29
7
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

LEETONIA

  • 4,870

    POPULATION
  • 1,887

    HOUSEHOLDS
  • 45.5%

    WHITE COLLAR

Neighborhood : LEETONIA

HOUSEHOLDS
1,887
POPULATION

4,870

20.6%Renters
79.4%Home Owners
LABOR FORCE

 

45.5%White Collar
54.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $969 per month.

MY RENT : $969 MEDIAN RENT : $908

Rent % Distribution LEVEL
$500-699 16.3%
$700-899 32.4%
$900-999 17.7%
$1,000-1,499 28.0%
>=$1,500 5.6%
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 $969 would therefore be considered affordable for annual household incomes greater than $38,760 (12 months x 3.333 x $969).

Rent % Affordability
Above $500 84.6%
Above $700 73.3%
Above $1,100 56.4%
Above $1,500 43.2%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 971 of households in this neighborhood have a total annual income of $38,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $969 per month.

MINIMUM INCOME RANGE : $38,760

Income % Distribution
<$20K 15.4%
$20K-$35K 18.0%
$35K-$60K 23.4%
$60K-$100K 25.9%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 13.2%
10-14 mins 19.8%
15-19 mins 12.4%
20-29 mins 19.5%
30-44 mins 17.7%
45-59 mins 4.8%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $969 per month.

MY RENT : $969 MEDIAN RENT : $908

Rent % Distribution
$500-699 16.3%
$700-899 32.4%
$900-999 17.7%
$1,000-1,499 28.0%
>=$1,500 5.6%
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 $969 would therefore be considered affordable for annual household incomes greater than $38,760 (12 months x 3.333 x $969).

Rent % Affordability
Above $500 84.6%
Above $700 73.3%
Above $1,100 56.4%
Above $1,500 43.2%
Above $1,900 28.2%
HOUSEHOLD INCOME RANGE

Approximately 971 of households in this neighborhood have a total annual income of $38,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $969 per month.

MINIMUM INCOME RANGE : $38,760

Income % Distribution
<$20K 15.4%
$20K-$35K 18.0%
$35K-$60K 23.4%
$60K-$100K 25.9%
>=$100K 17.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 13.2%
10-14 mins 19.8%
15-19 mins 12.4%
20-29 mins 19.5%
30-44 mins 17.7%
45-59 mins 4.8%
>60 mins 5.0%

LEETONIA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.1%
Construction 7.1%
Health Care & Social Assistance 12.2%
Manufacturing 18.7%
Retail & Wholesale Trader 15.5%
Transportation 9.7%
Other 28.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 17.3%
15-19 6.3%
20-24 5.1%
25-44 22.4%
45-65 29.5%
66+ 19.3%
OCCUPATION

Occupation % Distribution
Clean 4.4%
Healthcare 8.1%
Management, Business, & Financial 11.6%
Natural Resources Maintenance 15.3%
Production & Transportation 28.1%
Sales & Office 21.0%
Other 11.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.9%
High School 46.6%
Masters Degree 3.6%
Some College 17.7%
Some High School 10.8%
Other 11.3%

6079 Leetonia Rd Comps

Sorry, we do not have sufficient data available.

6079 Leetonia Rd, Leetonia, OH 44431 is a single family home of 1,104 sqft. HomeUnion INVESTimateĀ® for 6079 Leetonia Rd includes a Price Estimate of $127,601 and a Rent Estimate of $996. This single family home has 3 bedrooms,3 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 9.37% and Total Return of 15.90%. The estimated 1 year forecast in home value for 6079 Leetonia Rd is 0.03%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , COLUMBIANA County , or the 44431 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2