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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

837 N Westedge Dr Tipp City, OH 45371

3 Beds 1 Baths 960 sqft Built 1955
Last updated:  Jul 30, 2018

INVESTimate

$99,706

$92.3K - $107K

Price Est.

$795

730 - 860

Rent Est.

$102,458  ( +2.76%)   1 YR EST. FORECAST
  
  
  

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837 N Westedge Dr PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $103.86
CONSTRUCTION
  • Beds : 3
  • Floor Size : 960 sqft
  • Baths : 1 Full

837 N Westedge Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
L. T. BALL INTERMEDIATE SCHOOL Primary Regular 388 22 9
TIPPECANOE MIDDLE SCHOOL Middle Regular 597 33 9
TIPPECANOE HIGH SCHOOL High Regular 784 45 9

L. T. BALL INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 388
  • # of teachers: 22
9
GreatSchools Rating

TIPPECANOE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 597
  • # of teachers: 33
9
GreatSchools Rating

TIPPECANOE HIGH SCHOOL

  • Education Level: High
  • # of students: 784
  • # of teachers: 45
9
GreatSchools Rating
 

Financial Details

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Neighborhood

TIPP CITY

  • 19,504

    POPULATION
  • 7,589

    HOUSEHOLDS
  • 63.1%

    WHITE COLLAR

Neighborhood : TIPP CITY

HOUSEHOLDS
7,589
POPULATION

19,504

24.9%Renters
75.1%Home Owners
LABOR FORCE

 

63.1%White Collar
36.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $841 per month.

MY RENT : $841 MEDIAN RENT : $1,379

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 15.6%
$900-999 5.1%
$1,000-1,499 50.4%
>=$1,500 28.8%
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 $841 would therefore be considered affordable for annual household incomes greater than $33,640 (12 months x 3.333 x $841).

Rent % Affordability
Above $500 91.0%
Above $700 84.4%
Above $1,100 68.6%
Above $1,500 56.0%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 14,575 of households in this neighborhood have a total annual income of $33,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $841 per month.

MINIMUM INCOME RANGE : $33,640

Income % Distribution
<$20K 9.0%
$20K-$35K 12.6%
$35K-$60K 22.4%
$60K-$100K 26.4%
>=$100K 29.7%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 15.1%
10-14 mins 13.1%
15-19 mins 17.1%
20-29 mins 23.3%
30-44 mins 20.7%
45-59 mins 3.0%
>60 mins 4.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $841 per month.

MY RENT : $841 MEDIAN RENT : $1,379

Rent % Distribution
$500-699 0.0%
$700-899 15.6%
$900-999 5.1%
$1,000-1,499 50.4%
>=$1,500 28.8%
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 $841 would therefore be considered affordable for annual household incomes greater than $33,640 (12 months x 3.333 x $841).

Rent % Affordability
Above $500 91.0%
Above $700 84.4%
Above $1,100 68.6%
Above $1,500 56.0%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 14,575 of households in this neighborhood have a total annual income of $33,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $841 per month.

MINIMUM INCOME RANGE : $33,640

Income % Distribution
<$20K 9.0%
$20K-$35K 12.6%
$35K-$60K 22.4%
$60K-$100K 26.4%
>=$100K 29.7%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 15.1%
10-14 mins 13.1%
15-19 mins 17.1%
20-29 mins 23.3%
30-44 mins 20.7%
45-59 mins 3.0%
>60 mins 4.1%

TIPP CITY Demographics

INDUSTRY

Industry % Distribution
Educational Services 7.7%
Health Care & Social Assistance 11.5%
Manufacturing 21.5%
Professional & Scientific Tech Services 8.7%
Public Administration 6.5%
Retail & Wholesale Trader 11.6%
Other 32.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 19.4%
15-19 5.7%
20-24 5.5%
25-44 22.0%
45-65 28.8%
66+ 18.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.0%
Healthcare 7.4%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 10.5%
Production & Transportation 16.9%
Sales & Office 21.2%
Other 17.3%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 32.9%
Masters Degree 9.5%
Some College 22.6%
Some High School 7.7%
Other 17.8%

837 N Westedge Dr Comps

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837 N Westedge Dr, Tipp City, OH 45371 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 837 N Westedge Dr includes a Price Estimate of $99,706 and a Rent Estimate of $795. This single family home has 3 bedrooms,1 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 9.57% and Total Return of 15.05%. The estimated 1 year forecast in home value for 837 N Westedge Dr is 2.76%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , MIAMI County , or the 45371 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2