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

10 Lakeview Rd Mexico, NY 13114

3 Beds 1 Baths 720 sqft Built 1938
Last updated:  Nov 28, 2019

INVESTimate

$42,225

$40.3K - $44.1K

Price Est.

$833

720 - 946

Rent Est.

$45,240  ( +7.14%)   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

10 Lakeview Rd PROPERTY INFO

FACTS
  • Built In 1938
  • Price/Sqft : $58.65
CONSTRUCTION
  • Beds : 3
  • Floor Size : 720 sqft
  • Baths : 1 Full

10 Lakeview Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MEXICO HIGH SCHOOL High Regular 714 55 5

MEXICO HIGH SCHOOL

  • Education Level: High
  • # of students: 714
  • # of teachers: 55
5
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

MEXICO

  • 6,646

    POPULATION
  • 2,474

    HOUSEHOLDS
  • 51.0%

    WHITE COLLAR

Neighborhood : MEXICO

HOUSEHOLDS
2,474
POPULATION

6,646

22.0%Renters
78.0%Home Owners
LABOR FORCE

 

51.0%White Collar
49.0%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 $833 per month.

MY RENT : $833 MEDIAN RENT : $1,085

Rent % Distribution LEVEL
$500-699 0.1%
$700-899 15.9%
$900-999 17.3%
$1,000-1,499 60.0%
>=$1,500 6.8%
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 $833 would therefore be considered affordable for annual household incomes greater than $33,320 (12 months x 3.333 x $833).

Rent % Affordability
Above $500 84.9%
Above $700 78.2%
Above $1,100 63.6%
Above $1,500 48.3%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 4,497 of households in this neighborhood have a total annual income of $33,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $833 per month.

MINIMUM INCOME RANGE : $33,320

Income % Distribution
<$20K 15.1%
$20K-$35K 12.1%
$35K-$60K 24.5%
$60K-$100K 26.1%
>=$100K 22.2%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 27% 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 6.6%
5-9 mins 13.4%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 24.6%
30-44 mins 23.0%
45-59 mins 7.1%
>60 mins 5.4%
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 $833 per month.

MY RENT : $833 MEDIAN RENT : $1,085

Rent % Distribution
$500-699 0.1%
$700-899 15.9%
$900-999 17.3%
$1,000-1,499 60.0%
>=$1,500 6.8%
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 $833 would therefore be considered affordable for annual household incomes greater than $33,320 (12 months x 3.333 x $833).

Rent % Affordability
Above $500 84.9%
Above $700 78.2%
Above $1,100 63.6%
Above $1,500 48.3%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 4,497 of households in this neighborhood have a total annual income of $33,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $833 per month.

MINIMUM INCOME RANGE : $33,320

Income % Distribution
<$20K 15.1%
$20K-$35K 12.1%
$35K-$60K 24.5%
$60K-$100K 26.1%
>=$100K 22.2%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 27% 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 6.6%
5-9 mins 13.4%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 24.6%
30-44 mins 23.0%
45-59 mins 7.1%
>60 mins 5.4%

MEXICO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.8%
Construction 9.0%
Educational Services 11.0%
Health Care & Social Assistance 12.1%
Manufacturing 13.7%
Retail & Wholesale Trader 13.2%
Other 32.1%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 17.6%
15-19 8.2%
20-24 6.7%
25-44 24.3%
45-65 29.7%
66+ 13.6%
OCCUPATION

Occupation % Distribution
Healthcare 8.2%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 15.8%
Production & Transportation 16.5%
Protect 6.5%
Sales & Office 18.9%
Other 22.2%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.0%
High School 40.2%
Masters Degree 5.9%
Some College 18.0%
Some High School 10.2%
Other 11.7%

10 Lakeview Rd Comps

Sorry, we do not have sufficient data available.

10 Lakeview Rd, Mexico, NY 13114 is a single family home of 720 sqft. HomeUnion INVESTimateĀ® for 10 Lakeview Rd includes a Price Estimate of $42,225 and a Rent Estimate of $833. This single family home has 3 bedrooms,1 bathrooms, and was built in 1938. This property has an estimated 15 year annualized Yield of 23.67% and Total Return of 23.07%. The estimated 1 year forecast in home value for 10 Lakeview Rd is 7.14%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OSWEGO County , or the 13114 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

  1. 202 County Route 40
  2. 234 County Route 40
  3. 833 County Route 16
  4. 6 Dowie Dl
  5. 2 Dowie Dl

Nearest zipcodes within 2 miles

  1. 13069
  2. 13126
  3. 13142
  4. 13121