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

710 N Warner St Bay City, MI 48706

2 Beds 1 Baths 1,312 sqft Built 1922
Last updated:  Jul 30, 2018

INVESTimate

$59,560

$56.6K - $62.5K

Price Est.

$754

638 - 870

Rent Est.

$60,888  ( +2.23%)   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 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 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
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

710 N Warner St PROPERTY INFO

FACTS
  • Built In 1922
  • Price/Sqft : $45.40
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,312 sqft
  • Baths : 1 Full

710 N Warner St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
KOLB ELEMENTARY SCHOOL Primary Regular 535 27 NA
HANDY MIDDLE SCHOOL Middle Regular 1,017 55 NA
BAY CITY CENTRAL HIGH SCHOOL High Regular 1,463 68 NA

KOLB ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 535
  • # of teachers: 27
-1
GreatSchools Rating

HANDY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,017
  • # of teachers: 55
-1
GreatSchools Rating

BAY CITY CENTRAL HIGH SCHOOL

  • Education Level: High
  • # of students: 1,463
  • # of teachers: 68
-1
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

BAY CITY

  • 39,368

    POPULATION
  • 16,402

    HOUSEHOLDS
  • 57.8%

    WHITE COLLAR

Neighborhood : BAY CITY

HOUSEHOLDS
16,402
POPULATION

39,368

20.9%Renters
79.1%Home Owners
LABOR FORCE

 

57.8%White Collar
42.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $720 per month.

MY RENT : $720 MEDIAN RENT : $617

Rent % Distribution LEVEL
$500-699 78.4%
$700-899 16.7%
$900-999 0.5%
$1,000-1,499 4.3%
>=$1,500 0.1%
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 $720 would therefore be considered affordable for annual household incomes greater than $28,800 (12 months x 3.333 x $720).

Rent % Affordability
Above $500 81.9%
Above $700 72.2%
Above $1,100 52.7%
Above $1,500 38.6%
Above $1,900 26.7%
HOUSEHOLD INCOME RANGE

Approximately 39,281 of households in this neighborhood have a total annual income of $28,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $720 per month.

MINIMUM INCOME RANGE : $28,800

Income % Distribution
<$20K 18.1%
$20K-$35K 19.3%
$35K-$60K 24.0%
$60K-$100K 23.2%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 38% 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 3.8%
5-9 mins 14.8%
10-14 mins 19.3%
15-19 mins 15.3%
20-29 mins 27.8%
30-44 mins 11.3%
45-59 mins 3.0%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $720 per month.

MY RENT : $720 MEDIAN RENT : $617

Rent % Distribution
$500-699 78.4%
$700-899 16.7%
$900-999 0.5%
$1,000-1,499 4.3%
>=$1,500 0.1%
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 $720 would therefore be considered affordable for annual household incomes greater than $28,800 (12 months x 3.333 x $720).

Rent % Affordability
Above $500 81.9%
Above $700 72.2%
Above $1,100 52.7%
Above $1,500 38.6%
Above $1,900 26.7%
HOUSEHOLD INCOME RANGE

Approximately 39,281 of households in this neighborhood have a total annual income of $28,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $720 per month.

MINIMUM INCOME RANGE : $28,800

Income % Distribution
<$20K 18.1%
$20K-$35K 19.3%
$35K-$60K 24.0%
$60K-$100K 23.2%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 38% 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 3.8%
5-9 mins 14.8%
10-14 mins 19.3%
15-19 mins 15.3%
20-29 mins 27.8%
30-44 mins 11.3%
45-59 mins 3.0%
>60 mins 4.8%

BAY CITY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.5%
Educational Services 7.5%
Health Care & Social Assistance 20.5%
Manufacturing 15.5%
Retail & Wholesale Trader 17.6%
Transportation 5.3%
Other 24.1%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 17.2%
15-19 5.2%
20-24 6.2%
25-44 24.1%
45-65 27.4%
66+ 20.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.4%
Healthcare 12.0%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 9.5%
Production & Transportation 19.0%
Sales & Office 23.2%
Other 18.0%
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 11.4%
High School 33.3%
Masters Degree 5.3%
Some College 25.4%
Some High School 10.1%
Other 14.5%

710 N Warner St Comps

Sorry, we do not have sufficient data available.

710 N Warner St, Bay City, MI 48706 is a single family home of 1,312 sqft. HomeUnion INVESTimateĀ® for 710 N Warner St includes a Price Estimate of $59,560 and a Rent Estimate of $754. This single family home has 2 bedrooms,1 bathrooms, and was built in 1922. This property has an estimated 15 year annualized Yield of 15.19% and Total Return of 21.80%. The estimated 1 year forecast in home value for 710 N Warner St is 2.23%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MI , BAY County , or the 48706 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2