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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

9226 Cleveland Rd Creston, OH 44217

3 Beds 1 Baths 1,056 sqft Built 1965
Last updated:  Jun 30, 2018

INVESTimate

$139,594

$130K - $149K

Price Est.

$954

908 - $1.0K

Rent Est.

$141,311  ( +1.23%)   1 YR EST. FORECAST
  
  
  

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9226 Cleveland Rd PROPERTY INFO

FACTS
  • Built In 1965
  • Price/Sqft : $132.19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,056 sqft
  • Baths : 1 Full

9226 Cleveland Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
NORWAYNE ELEMENTARY SCHOOL Primary Regular 701 29 9
NORWAYNE MIDDLE SCHOOL Middle Regular 307 19 10
NORWAYNE HIGH SCHOOL High Regular 380 21 9

NORWAYNE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 701
  • # of teachers: 29
9
GreatSchools Rating

NORWAYNE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 307
  • # of teachers: 19
10
GreatSchools Rating

NORWAYNE HIGH SCHOOL

  • Education Level: High
  • # of students: 380
  • # of teachers: 21
9
GreatSchools Rating
 

Financial Details

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Neighborhood

CRESTON

  • 4,329

    POPULATION
  • 1,588

    HOUSEHOLDS
  • 43.8%

    WHITE COLLAR

Neighborhood : CRESTON

HOUSEHOLDS
1,588
POPULATION

4,329

17.0%Renters
83.0%Home Owners
LABOR FORCE

 

43.8%White Collar
56.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,116 per month.

MY RENT : $1,116 MEDIAN RENT : $1,129

Rent % Distribution LEVEL
$500-699 3.2%
$700-899 14.4%
$900-999 10.6%
$1,000-1,499 58.3%
>=$1,500 13.4%
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 $1,116 would therefore be considered affordable for annual household incomes greater than $44,640 (12 months x 3.333 x $1,116).

Rent % Affordability
Above $500 88.0%
Above $700 79.3%
Above $1,100 63.4%
Above $1,500 48.7%
Above $1,900 33.3%
HOUSEHOLD INCOME RANGE

Approximately 863 of households in this neighborhood have a total annual income of $44,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,116 per month.

MINIMUM INCOME RANGE : $44,640

Income % Distribution
<$20K 12.0%
$20K-$35K 17.6%
$35K-$60K 21.6%
$60K-$100K 32.5%
>=$100K 16.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 22% 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 6.0%
5-9 mins 7.3%
10-14 mins 8.9%
15-19 mins 15.7%
20-29 mins 30.6%
30-44 mins 20.0%
45-59 mins 4.8%
>60 mins 6.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,116 per month.

MY RENT : $1,116 MEDIAN RENT : $1,129

Rent % Distribution
$500-699 3.2%
$700-899 14.4%
$900-999 10.6%
$1,000-1,499 58.3%
>=$1,500 13.4%
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 $1,116 would therefore be considered affordable for annual household incomes greater than $44,640 (12 months x 3.333 x $1,116).

Rent % Affordability
Above $500 88.0%
Above $700 79.3%
Above $1,100 63.4%
Above $1,500 48.7%
Above $1,900 33.3%
HOUSEHOLD INCOME RANGE

Approximately 863 of households in this neighborhood have a total annual income of $44,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,116 per month.

MINIMUM INCOME RANGE : $44,640

Income % Distribution
<$20K 12.0%
$20K-$35K 17.6%
$35K-$60K 21.6%
$60K-$100K 32.5%
>=$100K 16.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 22% 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 6.0%
5-9 mins 7.3%
10-14 mins 8.9%
15-19 mins 15.7%
20-29 mins 30.6%
30-44 mins 20.0%
45-59 mins 4.8%
>60 mins 6.7%

CRESTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.4%
Construction 8.7%
Educational Services 6.1%
Health Care & Social Assistance 13.7%
Manufacturing 22.2%
Retail & Wholesale Trader 13.1%
Other 26.9%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 35% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 21.6%
15-19 6.6%
20-24 7.0%
25-44 22.6%
45-65 27.0%
66+ 15.2%
OCCUPATION

Occupation % Distribution
Healthcare 5.8%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 17.7%
PCare 5.5%
Production & Transportation 26.8%
Sales & Office 19.1%
Other 13.8%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.3%
High School 52.2%
Masters Degree 2.2%
Some College 17.1%
Some High School 10.6%
Other 9.5%

9226 Cleveland Rd Comps

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9226 Cleveland Rd, Creston, OH 44217 is a single family home of 1,056 sqft. HomeUnion INVESTimateĀ® for 9226 Cleveland Rd includes a Price Estimate of $139,594 and a Rent Estimate of $954. This single family home has 3 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 8.20% and Total Return of 14.15%. The estimated 1 year forecast in home value for 9226 Cleveland Rd is 1.23%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , WAYNE County , or the 44217 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2