INVESTimate
$54,723
10797 Ryan Rd PROPERTY INFO
FACTS
- Built In 1976
- Price/Sqft : $116.50
CONSTRUCTION
- Beds : 3
- Floor Size : 1,400 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
10797 Ryan Rd, Medina, NY 14103 is a single family home of 1,400 sqft. HomeUnion estimate for 10797 Ryan Rd includes a Price Estimate of $163,104 and a Rent Estimate of $1,446. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 10.64% and Total Return of 15.83%. The estimated 1 year forecast in home value for 10797 Ryan Rd is 3.12%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
10797 Ryan Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
MEDINA
Neighborhood : MEDINA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,446 per month.
MY RENT : $1,446 MEDIAN RENT : $1,384
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 $1,446 would therefore be considered affordable for annual household incomes greater than $57,840 (12 months x 3.333 x $1,446).
HOUSEHOLD INCOME RANGE
Approximately 1,556 of households in this neighborhood have a total annual income of $57,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,446 per month.
MINIMUM INCOME RANGE : $57,840
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 46% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
MEDINA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.0% |
Educational Services | 8.0% |
Health Care & Social Assistance | 13.8% |
Manufacturing | 23.5% |
Public Administration | 5.5% |
Retail & Wholesale Trader | 13.5% |
Other | 27.8% |
AGE DISTRIBUTION
51% 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 | 18.7% |
15-19 | 7.2% |
20-24 | 5.5% |
25-44 | 23.7% |
45-65 | 27.3% |
66+ | 17.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.9% |
Healthcare | 6.0% |
Management, Business, & Financial | 17.4% |
Natural Resources Maintenance | 10.6% |
Production & Transportation | 23.4% |
Sales & Office | 18.7% |
Other | 19.0% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.5% |
High School | 37.7% |
Masters Degree | 7.2% |
Some College | 23.6% |
Some High School | 9.8% |
Other | 12.1% |
10797 Ryan Rd Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ORLEANS County , or the 14103 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2