INVESTimate
$73,463
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14556 Bagdad Rd PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $108.25
CONSTRUCTION
- Beds : 4
- Floor Size : 2,160 sqft
- Baths : 1 Full 1 Half
14556 Bagdad Rd SCHOOLS
Financial Details
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COLLINS
Neighborhood : COLLINS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,815 per month.
MY RENT : $1,815 MEDIAN RENT : $1,571
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 $1,815 would therefore be considered affordable for annual household incomes greater than $72,600 (12 months x 3.333 x $1,815).
HOUSEHOLD INCOME RANGE
Approximately 216 of households in this neighborhood have a total annual income of $72,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,815 per month.
MINIMUM INCOME RANGE : $72,600
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
COLLINS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.7% |
Educational Services | 10.2% |
Health Care & Social Assistance | 19.1% |
Manufacturing | 10.3% |
Public Administration | 7.5% |
Retail & Wholesale Trader | 10.2% |
Other | 33.1% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 22% is 24 or younger and 22% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.2% |
15-19 | 3.0% |
20-24 | 4.6% |
25-44 | 22.8% |
45-65 | 33.3% |
66+ | 22.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 17.6% |
Management, Business, & Financial | 7.7% |
Natural Resources Maintenance | 13.8% |
PCare | 8.9% |
Production & Transportation | 13.3% |
Sales & Office | 18.8% |
Other | 19.8% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 15.4% |
High School | 39.5% |
Masters Degree | 4.8% |
Some College | 17.8% |
Some High School | 9.3% |
Other | 13.2% |
14556 Bagdad Rd Comps
14556 Bagdad Rd, Collins, NY 14034 is a single family home of 2,160 sqft. HomeUnion INVESTimateĀ® for 14556 Bagdad Rd includes a Price Estimate of $233,822 and a Rent Estimate of $1,815. This single family home has 4 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 9.31% and Total Return of 20.21%. The estimated 1 year forecast in home value for 14556 Bagdad Rd is 3.75%.
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