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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

6767 Ensley Rd Coopersville, MI 49404

3 Beds 2 Baths 1,522 sqft Built 1998
Last updated:  Jul 30, 2018

INVESTimate

$125,984

$107K - $145K

Price Est.

$1,260

$1.1K - $1.4K

Rent Est.

$137,108  ( +8.83%)   1 YR EST. FORECAST
  
  
  

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6767 Ensley Rd PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $82.78
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,522 sqft
  • Baths : 1 Full 1 Half

6767 Ensley Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
COOPERSVILLE EAST ELEMENTARY SCHOOL Primary Regular 349 18 NA
COOPERSVILLE MIDDLE SCHOOL Middle Regular 601 25 8
COOPERSVILLE HIGH SCHOOL High Regular 786 37 8

COOPERSVILLE EAST ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 349
  • # of teachers: 18
0
GreatSchools Rating

COOPERSVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 601
  • # of teachers: 25
8
GreatSchools Rating

COOPERSVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 786
  • # of teachers: 37
8
GreatSchools Rating
 

Financial Details

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Neighborhood

COOPERSVILLE

  • 8,415

    POPULATION
  • 3,047

    HOUSEHOLDS
  • 58.4%

    WHITE COLLAR

Neighborhood : COOPERSVILLE

HOUSEHOLDS
3,047
POPULATION

8,415

17.6%Renters
82.4%Home Owners
LABOR FORCE

 

58.4%White Collar
41.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 49% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,255 per month.

MY RENT : $1,255 MEDIAN RENT : $1,178

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 98.6%
>=$1,500 1.1%
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 $1,255 would therefore be considered affordable for annual household incomes greater than $50,200 (12 months x 3.333 x $1,255).

Rent % Affordability
Above $500 87.1%
Above $700 77.3%
Above $1,100 64.2%
Above $1,500 50.6%
Above $1,900 37.8%
HOUSEHOLD INCOME RANGE

Approximately 1,646 of households in this neighborhood have a total annual income of $50,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,255 per month.

MINIMUM INCOME RANGE : $50,200

Income % Distribution
<$20K 12.9%
$20K-$35K 15.2%
$35K-$60K 21.2%
$60K-$100K 26.9%
>=$100K 23.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.4%
5-9 mins 11.4%
10-14 mins 7.8%
15-19 mins 9.2%
20-29 mins 29.4%
30-44 mins 28.9%
45-59 mins 4.4%
>60 mins 3.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 49% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,255 per month.

MY RENT : $1,255 MEDIAN RENT : $1,178

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 98.6%
>=$1,500 1.1%
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 $1,255 would therefore be considered affordable for annual household incomes greater than $50,200 (12 months x 3.333 x $1,255).

Rent % Affordability
Above $500 87.1%
Above $700 77.3%
Above $1,100 64.2%
Above $1,500 50.6%
Above $1,900 37.8%
HOUSEHOLD INCOME RANGE

Approximately 1,646 of households in this neighborhood have a total annual income of $50,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,255 per month.

MINIMUM INCOME RANGE : $50,200

Income % Distribution
<$20K 12.9%
$20K-$35K 15.2%
$35K-$60K 21.2%
$60K-$100K 26.9%
>=$100K 23.7%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.4%
5-9 mins 11.4%
10-14 mins 7.8%
15-19 mins 9.2%
20-29 mins 29.4%
30-44 mins 28.9%
45-59 mins 4.4%
>60 mins 3.5%

COOPERSVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.6%
Construction 8.5%
Educational Services 5.6%
Health Care & Social Assistance 10.3%
Manufacturing 28.0%
Retail & Wholesale Trader 13.2%
Other 28.8%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 37% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 22.2%
15-19 7.2%
20-24 7.9%
25-44 25.9%
45-65 23.4%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.3%
Healthcare 6.3%
Management, Business, & Financial 19.0%
Natural Resources Maintenance 8.7%
Production & Transportation 23.9%
Sales & Office 25.5%
Other 10.2%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.2%
High School 34.6%
Masters Degree 5.4%
Some College 22.8%
Some High School 7.8%
Other 17.1%

6767 Ensley Rd Comps

Sorry, we do not have sufficient data available.

6767 Ensley Rd, Coopersville, MI 49404 is a single family home of 1,522 sqft. HomeUnion INVESTimateĀ® for 6767 Ensley Rd includes a Price Estimate of $125,984 and a Rent Estimate of $1,260. This single family home has 3 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 12.00% and Total Return of 37.90%. The estimated 1 year forecast in home value for 6767 Ensley Rd is 8.83%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MI , MUSKEGON County , or the 49404 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2