OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
154 S Lake Club Rd PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $102.26
CONSTRUCTION
- Beds : 1
- Floor Size : 1,224 sqft
- Baths : 1 Full
154 S Lake Club Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
FORESTPORT
Neighborhood : FORESTPORT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,529 per month.
MY RENT : $1,529 MEDIAN RENT : $1,118
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 $1,529 would therefore be considered affordable for annual household incomes greater than $61,160 (12 months x 3.333 x $1,529).
HOUSEHOLD INCOME RANGE
Approximately 143 of households in this neighborhood have a total annual income of $61,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,529 per month.
MINIMUM INCOME RANGE : $61,160
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
FORESTPORT Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 16.1% |
Construction | 14.5% |
Educational Services | 8.6% |
Health Care & Social Assistance | 12.2% |
Public Administration | 9.9% |
Retail & Wholesale Trader | 11.1% |
Other | 27.5% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 15% is 24 or younger and 28% is 65 or older.
Age | % Distribution |
---|---|
<15 | 8.3% |
15-19 | 4.7% |
20-24 | 1.9% |
25-44 | 15.6% |
45-65 | 41.6% |
66+ | 28.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.7% |
Healthcare | 9.5% |
Management, Business, & Financial | 19.9% |
Natural Resources Maintenance | 18.2% |
Production & Transportation | 9.5% |
Sales & Office | 19.9% |
Other | 17.3% |
HIGHEST EDUCATION LEVEL
22% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.3% |
High School | 39.9% |
Masters Degree | 8.3% |
Some College | 16.3% |
Some High School | 8.3% |
Other | 14.9% |
154 S Lake Club Rd Comps
154 S Lake Club Rd, Forestport, NY 13338 is a single family home of 1,224 sqft. HomeUnion INVESTimateĀ® for 154 S Lake Club Rd includes a Price Estimate of $125,170 and a Rent Estimate of $1,529. This single family home has 1 bedrooms,1 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 14.66% and Total Return of 28.94%. The estimated 1 year forecast in home value for 154 S Lake Club Rd is 1.42%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , HERKIMER County , or the 13338 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2