INVESTimate
$29,367
177 County Route 40 PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $95.23
CONSTRUCTION
- Beds : 0
- Floor Size : 708 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
177 County Route 40, Mexico, NY 13114 is a single family home of 708 sqft. HomeUnion estimate for 177 County Route 40 includes a Price Estimate of $67,421 and a Rent Estimate of $765. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 13.62% and Total Return of 23.65%. The estimated 1 year forecast in home value for 177 County Route 40 is 7.14%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
177 County Route 40 SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
MEXICO
Neighborhood : MEXICO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $765 per month.
MY RENT : $765 MEDIAN RENT : $1,083
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 $765 would therefore be considered affordable for annual household incomes greater than $30,600 (12 months x 3.333 x $765).
HOUSEHOLD INCOME RANGE
Approximately 4,519 of households in this neighborhood have a total annual income of $30,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $765 per month.
MINIMUM INCOME RANGE : $30,600
COMMUTE TIME DISTRIBUTION
56% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
MEXICO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 8.2% |
Educational Services | 10.3% |
Health Care & Social Assistance | 11.2% |
Manufacturing | 10.8% |
Retail & Wholesale Trader | 17.1% |
Transportation | 9.9% |
Other | 32.5% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 33% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.8% |
15-19 | 7.5% |
20-24 | 7.3% |
25-44 | 23.6% |
45-65 | 30.7% |
66+ | 13.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 6.9% |
Management, Business, & Financial | 12.3% |
Natural Resources Maintenance | 15.5% |
Production & Transportation | 16.3% |
Protect | 5.5% |
Sales & Office | 21.9% |
Other | 21.6% |
HIGHEST EDUCATION LEVEL
20% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 13.0% |
High School | 41.5% |
Masters Degree | 4.9% |
Some College | 20.3% |
Some High School | 9.1% |
Other | 11.1% |
177 County Route 40 Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OSWEGO County , or the 13114 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2