Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

1743 Mill Rd West Falls, NY 14170

3 Beds 1 Baths 1,373 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$192,562

$179K - $206K

Price Est.

$2,065

$1.8K - $2.3K

Rent Est.

$207,755  ( +7.89%)   1 YR EST. FORECAST

1743 Mill Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $140.25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,373 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
1743 Mill Rd, West Falls, NY 14170 is a single family home of 1,373 sqft. HomeUnion estimate for 1743 Mill Rd includes a Price Estimate of $192,562 and a Rent Estimate of $2,065. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 12.87% and Total Return of 24.56%. The estimated 1 year forecast in home value for 1743 Mill Rd is 7.89%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 270 Barber Street Rock Hill, SC
    • 3 beds 1 baths ∙ 1,016 Sqft ∙ Built 1950 ∙ 1units 3 beds 1 baths ∙ 1,016 Sqft ∙ Built 1950 ∙ 1units
    AVAILABLE
    • 13.14% GROSS YIELD
    • $7,639 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $105,000
    • $33,575
    • $1,150
  • 2942 WALNUT SPRINGS DRIVE Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300

1743 Mill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PARKDALE ELEMENTARY SCHOOL Primary Regular 629 41 8
EAST AURORA HIGH SCHOOL High Regular 668 46 10

PARKDALE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 629
  • # of teachers: 41
8
GreatSchools Rating

EAST AURORA HIGH SCHOOL

  • Education Level: High
  • # of students: 668
  • # of teachers: 46
10
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

WEST FALLS

  • 2,215

    POPULATION
  • 872

    HOUSEHOLDS
  • 68.3%

    WHITE COLLAR

Neighborhood : WEST FALLS

HOUSEHOLDS
872
POPULATION

2,215

12.8%Renters
87.2%Home Owners
LABOR FORCE

 

68.3%White Collar
31.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,065 per month.

MY RENT : $2,065 MEDIAN RENT : $2,195

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.1%
>=$1,500 99.9%
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 $2,065 would therefore be considered affordable for annual household incomes greater than $82,600 (12 months x 3.333 x $2,065).

Rent % Affordability
Above $500 87.1%
Above $700 82.6%
Above $1,100 71.6%
Above $1,500 58.4%
Above $1,900 45.4%
HOUSEHOLD INCOME RANGE

Approximately 312 of households in this neighborhood have a total annual income of $82,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,065 per month.

MINIMUM INCOME RANGE : $82,600

Income % Distribution
<$20K 12.9%
$20K-$35K 9.1%
$35K-$60K 19.6%
$60K-$100K 27.3%
>=$100K 31.1%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 3.4%
10-14 mins 13.9%
15-19 mins 7.9%
20-29 mins 28.5%
30-44 mins 32.6%
45-59 mins 7.6%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,065 per month.

MY RENT : $2,065 MEDIAN RENT : $2,195

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.1%
>=$1,500 99.9%
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 $2,065 would therefore be considered affordable for annual household incomes greater than $82,600 (12 months x 3.333 x $2,065).

Rent % Affordability
Above $500 87.1%
Above $700 82.6%
Above $1,100 71.6%
Above $1,500 58.4%
Above $1,900 45.4%
HOUSEHOLD INCOME RANGE

Approximately 312 of households in this neighborhood have a total annual income of $82,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,065 per month.

MINIMUM INCOME RANGE : $82,600

Income % Distribution
<$20K 12.9%
$20K-$35K 9.1%
$35K-$60K 19.6%
$60K-$100K 27.3%
>=$100K 31.1%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.3%
5-9 mins 3.4%
10-14 mins 13.9%
15-19 mins 7.9%
20-29 mins 28.5%
30-44 mins 32.6%
45-59 mins 7.6%
>60 mins 4.8%

WEST FALLS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.0%
Construction 9.7%
Educational Services 9.5%
Health Care & Social Assistance 16.1%
Manufacturing 11.2%
Retail & Wholesale Trader 10.8%
Other 32.7%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 31% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 18.5%
15-19 7.5%
20-24 4.7%
25-44 19.1%
45-65 35.9%
66+ 14.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.3%
Healthcare 14.5%
Management, Business, & Financial 19.6%
Natural Resources Maintenance 12.1%
Production & Transportation 10.3%
Sales & Office 21.7%
Other 15.5%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.8%
High School 27.4%
Masters Degree 10.4%
Some College 20.1%
Some High School 6.8%
Other 24.5%

1743 Mill Rd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ERIE County , or the 14170 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 14052
  2. 14127