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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

113 Drive Inn Ln Unadilla, NY 13849

0 Beds 2 Baths 1,416 sqft Built 1955
Last updated:  Jan 23, 2020

INVESTimate

$80,060

$75.1K - $85.0K

Price Est.

$1,115

923 - $1.3K

Rent Est.

$85,760  ( +7.12%)   1 YR EST. FORECAST
  
  
  

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113 Drive Inn Ln PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $56.54
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,416 sqft
  • Baths : 2 Full

113 Drive Inn Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
UNATEGO HIGH SCHOOL High Regular 310 20 6

UNATEGO HIGH SCHOOL

  • Education Level: High
  • # of students: 310
  • # of teachers: 20
6
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

UNADILLA

  • 4,151

    POPULATION
  • 1,813

    HOUSEHOLDS
  • 49.8%

    WHITE COLLAR

Neighborhood : UNADILLA

HOUSEHOLDS
1,813
POPULATION

4,151

15.1%Renters
84.9%Home Owners
LABOR FORCE

 

49.8%White Collar
50.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,115 per month.

MY RENT : $1,115 MEDIAN RENT : $1,018

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 13.8%
$900-999 29.9%
$1,000-1,499 48.7%
>=$1,500 7.6%
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 $1,115 would therefore be considered affordable for annual household incomes greater than $44,600 (12 months x 3.333 x $1,115).

Rent % Affordability
Above $500 80.3%
Above $700 68.8%
Above $1,100 51.3%
Above $1,500 39.8%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 825 of households in this neighborhood have a total annual income of $44,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,115 per month.

MINIMUM INCOME RANGE : $44,600

Income % Distribution
<$20K 19.7%
$20K-$35K 18.4%
$35K-$60K 22.1%
$60K-$100K 23.3%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 5.8%
10-14 mins 12.2%
15-19 mins 14.0%
20-29 mins 22.8%
30-44 mins 22.8%
45-59 mins 9.3%
>60 mins 9.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,115 per month.

MY RENT : $1,115 MEDIAN RENT : $1,018

Rent % Distribution
$500-699 0.0%
$700-899 13.8%
$900-999 29.9%
$1,000-1,499 48.7%
>=$1,500 7.6%
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 $1,115 would therefore be considered affordable for annual household incomes greater than $44,600 (12 months x 3.333 x $1,115).

Rent % Affordability
Above $500 80.3%
Above $700 68.8%
Above $1,100 51.3%
Above $1,500 39.8%
Above $1,900 27.4%
HOUSEHOLD INCOME RANGE

Approximately 825 of households in this neighborhood have a total annual income of $44,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,115 per month.

MINIMUM INCOME RANGE : $44,600

Income % Distribution
<$20K 19.7%
$20K-$35K 18.4%
$35K-$60K 22.1%
$60K-$100K 23.3%
>=$100K 16.5%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 5.8%
10-14 mins 12.2%
15-19 mins 14.0%
20-29 mins 22.8%
30-44 mins 22.8%
45-59 mins 9.3%
>60 mins 9.4%

UNADILLA Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.6%
Construction 7.1%
Educational Services 12.2%
Health Care & Social Assistance 14.2%
Manufacturing 20.1%
Retail & Wholesale Trader 14.3%
Other 26.5%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 25% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 15.8%
15-19 4.1%
20-24 5.3%
25-44 17.7%
45-65 31.6%
66+ 25.4%
OCCUPATION

Occupation % Distribution
Healthcare 6.9%
Management, Business, & Financial 16.1%
Natural Resources Maintenance 10.1%
PCare 7.2%
Production & Transportation 26.7%
Sales & Office 15.7%
Other 17.4%
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 11.9%
High School 40.6%
Masters Degree 4.8%
Some College 17.8%
Some High School 14.8%
Other 10.2%

113 Drive Inn Ln Comps

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113 Drive Inn Ln, Unadilla, NY 13849 is a single family home of 1,416 sqft. HomeUnion INVESTimateĀ® for 113 Drive Inn Ln includes a Price Estimate of $80,060 and a Rent Estimate of $1,115. This single family home has 0 bedrooms,2 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 16.71% and Total Return of 25.22%. The estimated 1 year forecast in home value for 113 Drive Inn Ln is 7.12%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OTSEGO County , or the 13849 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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