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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

13120 Genesee Rd Chaffee, NY 14030

4 Beds 2 Baths 2,336 sqft Built 1986
Last updated:  Oct 23, 2019

INVESTimate

$220,588

$208K - $233K

Price Est.

$2,093

$1.9K - $2.3K

Rent Est.

$230,889  ( +4.67%)   1 YR EST. FORECAST
  
  
  

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13120 Genesee Rd PROPERTY INFO

FACTS
  • Built In 1986
  • Price/Sqft : $94.43
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,336 sqft
  • Baths : 1 Full 1 Half

13120 Genesee Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PIONEER SENIOR HIGH SCHOOL High Regular 769 68 5

PIONEER SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 769
  • # of teachers: 68
5
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

CHAFFEE

  • 1,906

    POPULATION
  • 695

    HOUSEHOLDS
  • 57.6%

    WHITE COLLAR

Neighborhood : CHAFFEE

HOUSEHOLDS
695
POPULATION

1,906

15.2%Renters
84.8%Home Owners
LABOR FORCE

 

57.6%White Collar
42.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,093 per month.

MY RENT : $2,093 MEDIAN RENT : $1,888

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.6%
>=$1,500 99.4%
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 $2,093 would therefore be considered affordable for annual household incomes greater than $83,720 (12 months x 3.333 x $2,093).

Rent % Affordability
Above $500 86.9%
Above $700 80.8%
Above $1,100 67.4%
Above $1,500 53.4%
Above $1,900 41.7%
HOUSEHOLD INCOME RANGE

Approximately 223 of households in this neighborhood have a total annual income of $83,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,093 per month.

MINIMUM INCOME RANGE : $83,720

Income % Distribution
<$20K 13.1%
$20K-$35K 11.8%
$35K-$60K 21.7%
$60K-$100K 25.5%
>=$100K 27.9%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.9%
5-9 mins 11.0%
10-14 mins 12.8%
15-19 mins 11.8%
20-29 mins 15.7%
30-44 mins 17.6%
45-59 mins 14.1%
>60 mins 13.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,093 per month.

MY RENT : $2,093 MEDIAN RENT : $1,888

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.6%
>=$1,500 99.4%
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 $2,093 would therefore be considered affordable for annual household incomes greater than $83,720 (12 months x 3.333 x $2,093).

Rent % Affordability
Above $500 86.9%
Above $700 80.8%
Above $1,100 67.4%
Above $1,500 53.4%
Above $1,900 41.7%
HOUSEHOLD INCOME RANGE

Approximately 223 of households in this neighborhood have a total annual income of $83,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,093 per month.

MINIMUM INCOME RANGE : $83,720

Income % Distribution
<$20K 13.1%
$20K-$35K 11.8%
$35K-$60K 21.7%
$60K-$100K 25.5%
>=$100K 27.9%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.9%
5-9 mins 11.0%
10-14 mins 12.8%
15-19 mins 11.8%
20-29 mins 15.7%
30-44 mins 17.6%
45-59 mins 14.1%
>60 mins 13.1%

CHAFFEE Demographics

INDUSTRY

Industry % Distribution
Construction 8.9%
Educational Services 10.9%
Health Care & Social Assistance 12.1%
Manufacturing 13.5%
Retail & Wholesale Trader 15.0%
Transportation 8.0%
Other 31.5%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 20.1%
15-19 7.1%
20-24 2.8%
25-44 21.4%
45-65 31.6%
66+ 17.1%
OCCUPATION

Occupation % Distribution
Construction 3.9%
Healthcare 7.4%
Management, Business, & Financial 14.7%
Natural Resources Maintenance 18.8%
Production & Transportation 16.7%
Sales & Office 26.2%
Other 12.3%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 18.1%
High School 37.5%
Masters Degree 4.1%
Some College 17.6%
Some High School 11.9%
Other 10.9%

13120 Genesee Rd Comps

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13120 Genesee Rd, Chaffee, NY 14030 is a single family home of 2,336 sqft. HomeUnion INVESTimateĀ® for 13120 Genesee Rd includes a Price Estimate of $220,588 and a Rent Estimate of $2,093. This single family home has 4 bedrooms,2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 11.39% and Total Return of 25.05%. The estimated 1 year forecast in home value for 13120 Genesee Rd is 4.67%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ERIE County , or the 14030 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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