INVESTimate
$37,509
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12 Mona Ln PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $83.74
CONSTRUCTION
- Beds : 3
- Floor Size : 1,172 sqft
- Baths : 1 Full
12 Mona Ln SCHOOLS
Financial Details
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SANDY CREEK
Neighborhood : SANDY CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,027 per month.
MY RENT : $1,027 MEDIAN RENT : $1,023
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 $1,027 would therefore be considered affordable for annual household incomes greater than $41,080 (12 months x 3.333 x $1,027).
HOUSEHOLD INCOME RANGE
Approximately 443 of households in this neighborhood have a total annual income of $41,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,027 per month.
MINIMUM INCOME RANGE : $41,080
COMMUTE TIME DISTRIBUTION
45% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.
SANDY CREEK Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.0% |
Construction | 10.2% |
Educational Services | 11.1% |
Health Care & Social Assistance | 12.5% |
Manufacturing | 12.0% |
Retail & Wholesale Trader | 13.2% |
Other | 31.0% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 27% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.6% |
15-19 | 5.7% |
20-24 | 4.0% |
25-44 | 25.4% |
45-65 | 30.7% |
66+ | 16.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.0% |
Healthcare | 7.9% |
Management, Business, & Financial | 15.3% |
Natural Resources Maintenance | 14.4% |
Production & Transportation | 15.7% |
Sales & Office | 23.5% |
Other | 17.1% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.3% |
High School | 40.7% |
Masters Degree | 5.3% |
Some College | 24.1% |
Some High School | 10.5% |
Other | 8.0% |
12 Mona Ln Comps
12 Mona Ln, Sandy Creek, NY 13145 is a single family home of 1,172 sqft. HomeUnion INVESTimateĀ® for 12 Mona Ln includes a Price Estimate of $98,148 and a Rent Estimate of $1,027. This single family home has 3 bedrooms,1 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 12.56% and Total Return of 16.26%. The estimated 1 year forecast in home value for 12 Mona Ln is 1.21%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OSWEGO County , or the 13145 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2