INVESTimate
$38,826
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State Rd 137 PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $71.31
CONSTRUCTION
- Beds : 3
- Floor Size : 1,446 sqft
- Baths : 1 Full
State Rd 137 SCHOOLS
Financial Details
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WINCHESTER
Neighborhood : WINCHESTER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $938 per month.
MY RENT : $938 MEDIAN RENT : $903
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 $938 would therefore be considered affordable for annual household incomes greater than $37,520 (12 months x 3.333 x $938).
HOUSEHOLD INCOME RANGE
Approximately 928 of households in this neighborhood have a total annual income of $37,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $938 per month.
MINIMUM INCOME RANGE : $37,520
COMMUTE TIME DISTRIBUTION
45% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.
WINCHESTER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 11.1% |
Construction | 8.9% |
Educational Services | 10.3% |
Health Care & Social Assistance | 12.8% |
Manufacturing | 16.1% |
Retail & Wholesale Trader | 15.6% |
Other | 25.2% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.0% |
15-19 | 5.2% |
20-24 | 6.4% |
25-44 | 21.5% |
45-65 | 32.3% |
66+ | 14.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.3% |
Healthcare | 9.9% |
Management, Business, & Financial | 20.7% |
Natural Resources Maintenance | 14.5% |
Production & Transportation | 19.2% |
Sales & Office | 12.0% |
Other | 17.4% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.4% |
High School | 46.4% |
Masters Degree | 2.6% |
Some College | 13.7% |
Some High School | 17.5% |
Other | 10.4% |
State Rd 137 Comps
State Rd 137, Winchester, OH 45697 is a single family home of 1,446 sqft. HomeUnion INVESTimateĀ® for State Rd 137 includes a Price Estimate of $103,116 and a Rent Estimate of $944. This single family home has 3 bedrooms,1 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 10.99% and Total Return of 28.75%. The estimated 1 year forecast in home value for State Rd 137 is 7.88%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OH , ADAMS County , or the 45697 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2