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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

911 N Front St Alger, OH 45812

3 Beds 1 Baths 1,084 sqft Built 1942
Last updated:  Jul 30, 2018

INVESTimate

$64,518

$58.3K - $70.7K

Price Est.

$731

624 - 838

Rent Est.

$65,634  ( +1.73%)   1 YR EST. FORECAST
  
  
  

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911 N Front St PROPERTY INFO

FACTS
  • Built In 1942
  • Price/Sqft : $59.52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,084 sqft
  • Baths : 1 Full

911 N Front St SCHOOLS

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Financial Details

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Neighborhood

ALGER

  • 1,866

    POPULATION
  • 743

    HOUSEHOLDS
  • 39.5%

    WHITE COLLAR

Neighborhood : ALGER

HOUSEHOLDS
743
POPULATION

1,866

25.5%Renters
74.5%Home Owners
LABOR FORCE

 

39.5%White Collar
60.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $737 per month.

MY RENT : $737 MEDIAN RENT : $822

Rent % Distribution LEVEL
$500-699 27.9%
$700-899 32.6%
$900-999 12.7%
$1,000-1,499 23.0%
>=$1,500 3.7%
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 $737 would therefore be considered affordable for annual household incomes greater than $29,480 (12 months x 3.333 x $737).

Rent % Affordability
Above $500 76.3%
Above $700 66.2%
Above $1,100 44.8%
Above $1,500 31.1%
Above $1,900 18.0%
HOUSEHOLD INCOME RANGE

Approximately 1,709 of households in this neighborhood have a total annual income of $29,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $737 per month.

MINIMUM INCOME RANGE : $29,480

Income % Distribution
<$20K 23.7%
$20K-$35K 18.8%
$35K-$60K 26.4%
$60K-$100K 22.6%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 8.6%
10-14 mins 14.1%
15-19 mins 11.6%
20-29 mins 24.5%
30-44 mins 24.2%
45-59 mins 5.6%
>60 mins 6.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $737 per month.

MY RENT : $737 MEDIAN RENT : $822

Rent % Distribution
$500-699 27.9%
$700-899 32.6%
$900-999 12.7%
$1,000-1,499 23.0%
>=$1,500 3.7%
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 $737 would therefore be considered affordable for annual household incomes greater than $29,480 (12 months x 3.333 x $737).

Rent % Affordability
Above $500 76.3%
Above $700 66.2%
Above $1,100 44.8%
Above $1,500 31.1%
Above $1,900 18.0%
HOUSEHOLD INCOME RANGE

Approximately 1,709 of households in this neighborhood have a total annual income of $29,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $737 per month.

MINIMUM INCOME RANGE : $29,480

Income % Distribution
<$20K 23.7%
$20K-$35K 18.8%
$35K-$60K 26.4%
$60K-$100K 22.6%
>=$100K 8.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.9%
5-9 mins 8.6%
10-14 mins 14.1%
15-19 mins 11.6%
20-29 mins 24.5%
30-44 mins 24.2%
45-59 mins 5.6%
>60 mins 6.5%

ALGER Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.1%
Educational Services 5.5%
Health Care & Social Assistance 9.7%
Manufacturing 31.1%
Retail & Wholesale Trader 12.6%
Transportation 5.6%
Other 28.3%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 31% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 19.3%
15-19 6.6%
20-24 5.3%
25-44 24.0%
45-65 26.3%
66+ 18.5%
OCCUPATION

Occupation % Distribution
Clean 5.4%
Healthcare 7.3%
Management, Business, & Financial 9.6%
Natural Resources Maintenance 7.1%
Production & Transportation 40.3%
Sales & Office 17.9%
Other 12.5%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.9%
High School 50.7%
Masters Degree 1.2%
Some College 17.8%
Some High School 18.2%
Other 6.2%

911 N Front St Comps

Sorry, we do not have sufficient data available.

911 N Front St, Alger, OH 45812 is a single family home of 1,084 sqft. HomeUnion INVESTimateĀ® for 911 N Front St includes a Price Estimate of $64,518 and a Rent Estimate of $731. This single family home has 3 bedrooms,1 bathrooms, and was built in 1942. This property has an estimated 15 year annualized Yield of 13.60% and Total Return of 25.38%. The estimated 1 year forecast in home value for 911 N Front St is 1.73%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , HARDIN County , or the 45812 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2