INVESTimate
$43,684
198 County Route 1 PROPERTY INFO
FACTS
- Built In 1930
- Price/Sqft : $238.14
CONSTRUCTION
- Beds : 1
- Floor Size : 510 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
198 County Route 1, Mexico, NY 13114 is a single family home of 510 sqft. HomeUnion estimate for 198 County Route 1 includes a Price Estimate of $121,449 and a Rent Estimate of $727. This single family home has 1 bedrooms, 1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 7.18% and Total Return of 15.75%. The estimated 1 year forecast in home value for 198 County Route 1 is 7.14%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
198 County Route 1 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 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $727 per month.
MY RENT : $727 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 $727 would therefore be considered affordable for annual household incomes greater than $29,080 (12 months x 3.333 x $727).
HOUSEHOLD INCOME RANGE
Approximately 4,532 of households in this neighborhood have a total annual income of $29,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $727 per month.
MINIMUM INCOME RANGE : $29,080
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% |
198 County Route 1 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