Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

1944 Youngstown Lockport Rd Ransomville, NY 14131

3 Beds 3 Baths 1,656 sqft Built 1996
Last updated:  Dec 26, 2019

INVESTimate

$219,085

$210K - $228K

Price Est.

$1,890

$1.4K - $2.3K

Rent Est.

$224,233  ( +2.35%)   1 YR EST. FORECAST
  
  
  

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

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

1944 Youngstown Lockport Rd PROPERTY INFO

FACTS
  • Built In 1996
  • Price/Sqft : $132.30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,656 sqft
  • Baths : 2 Full 1 Half

1944 Youngstown Lockport Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PRIMARY EDUCATION CENTER Primary Regular 493 34 9
LEWISTON PORTER MIDDLE SCHOOL Middle Regular 538 46 8
LEWISTON PORTER HIGH SCHOOL High Regular 752 66 8

PRIMARY EDUCATION CENTER

  • Education Level: Primary
  • # of students: 493
  • # of teachers: 34
9
GreatSchools Rating

LEWISTON PORTER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 538
  • # of teachers: 46
8
GreatSchools Rating

LEWISTON PORTER HIGH SCHOOL

  • Education Level: High
  • # of students: 752
  • # of teachers: 66
8
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

RANSOMVILLE

  • 5,109

    POPULATION
  • 2,049

    HOUSEHOLDS
  • 56.0%

    WHITE COLLAR

Neighborhood : RANSOMVILLE

HOUSEHOLDS
2,049
POPULATION

5,109

13.9%Renters
86.1%Home Owners
LABOR FORCE

 

56.0%White Collar
44.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,890 per month.

MY RENT : $1,890 MEDIAN RENT : $1,689

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 21.3%
>=$1,500 78.7%
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 $1,890 would therefore be considered affordable for annual household incomes greater than $75,600 (12 months x 3.333 x $1,890).

Rent % Affordability
Above $500 88.9%
Above $700 81.8%
Above $1,100 65.1%
Above $1,500 53.7%
Above $1,900 41.1%
HOUSEHOLD INCOME RANGE

Approximately 690 of households in this neighborhood have a total annual income of $75,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,890 per month.

MINIMUM INCOME RANGE : $75,600

Income % Distribution
<$20K 11.1%
$20K-$35K 15.6%
$35K-$60K 19.7%
$60K-$100K 26.5%
>=$100K 27.2%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 4.1%
10-14 mins 10.8%
15-19 mins 8.5%
20-29 mins 26.4%
30-44 mins 29.9%
45-59 mins 13.3%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 79% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,890 per month.

MY RENT : $1,890 MEDIAN RENT : $1,689

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 21.3%
>=$1,500 78.7%
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 $1,890 would therefore be considered affordable for annual household incomes greater than $75,600 (12 months x 3.333 x $1,890).

Rent % Affordability
Above $500 88.9%
Above $700 81.8%
Above $1,100 65.1%
Above $1,500 53.7%
Above $1,900 41.1%
HOUSEHOLD INCOME RANGE

Approximately 690 of households in this neighborhood have a total annual income of $75,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,890 per month.

MINIMUM INCOME RANGE : $75,600

Income % Distribution
<$20K 11.1%
$20K-$35K 15.6%
$35K-$60K 19.7%
$60K-$100K 26.5%
>=$100K 27.2%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 4.1%
10-14 mins 10.8%
15-19 mins 8.5%
20-29 mins 26.4%
30-44 mins 29.9%
45-59 mins 13.3%
>60 mins 5.0%

RANSOMVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.1%
Educational Services 8.8%
Health Care & Social Assistance 19.8%
Manufacturing 17.1%
Retail & Wholesale Trader 10.4%
Transportation 7.4%
Other 27.4%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 27% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 10.8%
15-19 10.6%
20-24 5.3%
25-44 18.6%
45-65 38.3%
66+ 16.5%
OCCUPATION

Occupation % Distribution
Education 4.4%
Healthcare 11.1%
Management, Business, & Financial 17.5%
Natural Resources Maintenance 11.8%
Production & Transportation 17.1%
Sales & Office 22.6%
Other 15.4%
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 13.2%
High School 37.5%
Masters Degree 6.5%
Some College 20.5%
Some High School 9.2%
Other 13.1%

1944 Youngstown Lockport Rd Comps

Sorry, we do not have sufficient data available.

1944 Youngstown Lockport Rd, Ransomville, NY 14131 is a single family home of 1,656 sqft. HomeUnion INVESTimateĀ® for 1944 Youngstown Lockport Rd includes a Price Estimate of $219,085 and a Rent Estimate of $1,890. This single family home has 3 bedrooms,3 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 10.35% and Total Return of 16.93%. The estimated 1 year forecast in home value for 1944 Youngstown Lockport Rd is 2.35%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , NIAGARA County , or the 14131 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 1788 Balmer Rd
  2. 2382 Braley Rd
  3. 2332 Balmer Rd
  4. 3939 Dickersonville Rd

Nearest zipcodes within 2 miles

  1. 14174