INVESTimate
$98,982
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20 Prospect Ave PROPERTY INFO
FACTS
- Built In 1946
- Price/Sqft : $159.63
CONSTRUCTION
- Beds : 5
- Floor Size : 2,068 sqft
- Baths : 1 Full 1 Half
20 Prospect Ave SCHOOLS
Financial Details
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AMENIA
Neighborhood : AMENIA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,775 per month.
MY RENT : $2,775 MEDIAN RENT : $2,221
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 $2,775 would therefore be considered affordable for annual household incomes greater than $111,000 (12 months x 3.333 x $2,775).
HOUSEHOLD INCOME RANGE
Approximately 162 of households in this neighborhood have a total annual income of $111,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,775 per month.
MINIMUM INCOME RANGE : $111,000
COMMUTE TIME DISTRIBUTION
49% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
AMENIA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 5.7% |
| Construction | 14.0% |
| Educational Services | 15.2% |
| Health Care & Social Assistance | 13.4% |
| Manufacturing | 6.2% |
| Retail & Wholesale Trader | 17.7% |
| Other | 27.7% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.4% |
| 15-19 | 9.0% |
| 20-24 | 9.9% |
| 25-44 | 20.5% |
| 45-65 | 31.3% |
| 66+ | 13.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 6.2% |
| Healthcare | 12.9% |
| Management, Business, & Financial | 10.0% |
| Natural Resources Maintenance | 15.7% |
| Production & Transportation | 17.8% |
| Sales & Office | 21.3% |
| Other | 15.9% |
HIGHEST EDUCATION LEVEL
24% 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 | 26.8% |
| Masters Degree | 8.0% |
| Some College | 20.6% |
| Some High School | 14.9% |
| Other | 16.5% |
20 Prospect Ave Comps
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20 Prospect Ave, Amenia, NY 12501 is a single family home of 2,068 sqft. HomeUnion INVESTimateĀ® for 20 Prospect Ave includes a Price Estimate of $330,122 and a Rent Estimate of $2,775. This single family home has 5 bedrooms,2 bathrooms, and was built in 1946. This property has an estimated 15 year annualized Yield of 10.09% and Total Return of 24.37%. The estimated 1 year forecast in home value for 20 Prospect Ave is 3.1%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , DUTCHESS County , or the 12501 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
