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211 W 17th St PROPERTY INFO
FACTS
- Built In 1940
- Price/Sqft : $75.68
CONSTRUCTION
- Beds : 3
- Floor Size : 1,593 sqft
- Baths : 2 Full
211 W 17th St SCHOOLS
Financial Details
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ELMIRA
Neighborhood : ELMIRA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,816 per month.
MY RENT : $1,816 MEDIAN RENT : $1,620
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 $1,816 would therefore be considered affordable for annual household incomes greater than $72,640 (12 months x 3.333 x $1,816).
HOUSEHOLD INCOME RANGE
Approximately 829 of households in this neighborhood have a total annual income of $72,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,816 per month.
MINIMUM INCOME RANGE : $72,640
COMMUTE TIME DISTRIBUTION
32% of the working population has a commute time of 15 to 44 minutes, 56% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
ELMIRA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.5% |
Educational Services | 10.9% |
Health Care & Social Assistance | 22.2% |
Manufacturing | 15.4% |
Public Administration | 4.9% |
Retail & Wholesale Trader | 11.7% |
Other | 27.5% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 29% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.3% |
15-19 | 5.7% |
20-24 | 4.0% |
25-44 | 25.7% |
45-65 | 27.8% |
66+ | 17.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.8% |
Healthcare | 13.1% |
Management, Business, & Financial | 11.6% |
Production & Transportation | 17.6% |
Protect | 5.9% |
Sales & Office | 22.5% |
Other | 23.3% |
HIGHEST EDUCATION LEVEL
25% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.3% |
High School | 34.7% |
Masters Degree | 10.2% |
Some College | 18.0% |
Some High School | 8.1% |
Other | 16.7% |
211 W 17th St Comps
211 W 17th St, Elmira Heights, NY 14903 is a single family home of 1,593 sqft. HomeUnion INVESTimateĀ® for 211 W 17th St includes a Price Estimate of $120,552 and a Rent Estimate of $1,816. This single family home has 3 bedrooms,2 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 18.08% and Total Return of 35.31%. The estimated 1 year forecast in home value for 211 W 17th St is 3.33%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , CHEMUNG County , or the 14903 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2