Financial Details212 County Route 40 PROPERTY INFO
FACTS
- Built In 1940
- Price/Sqft : $40.91
CONSTRUCTION
- Beds : 3
- Floor Size : 1,902 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
212 County Route 40, Mexico, NY 13114 is a single family home of 1,902 sqft. HomeUnion estimate for 212 County Route 40 includes a Price Estimate of $77,802 and a Rent Estimate of $1,128. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 17.40% and Total Return of 15.40%. The estimated 1 year forecast in home value for 212 County Route 40 is 7.14%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
212 County Route 40 SCHOOLS
Financial Details
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MEXICO
Neighborhood : MEXICO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,128 per month.
MY RENT : $1,128 MEDIAN RENT : $1,158
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 $1,128 would therefore be considered affordable for annual household incomes greater than $45,120 (12 months x 3.333 x $1,128).
HOUSEHOLD INCOME RANGE
Approximately 1,345 of households in this neighborhood have a total annual income of $45,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,128 per month.
MINIMUM INCOME RANGE : $45,120
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
MEXICO Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.8% |
| Construction | 9.0% |
| Educational Services | 11.0% |
| Health Care & Social Assistance | 12.1% |
| Manufacturing | 13.7% |
| Retail & Wholesale Trader | 13.2% |
| Other | 32.1% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 14% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.6% |
| 15-19 | 8.2% |
| 20-24 | 6.7% |
| 25-44 | 24.3% |
| 45-65 | 29.7% |
| 66+ | 13.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 8.2% |
| Management, Business, & Financial | 11.9% |
| Natural Resources Maintenance | 15.8% |
| Production & Transportation | 16.5% |
| Protect | 6.5% |
| Sales & Office | 18.9% |
| Other | 22.2% |
HIGHEST EDUCATION LEVEL
22% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 14.0% |
| High School | 40.2% |
| Masters Degree | 5.9% |
| Some College | 18.0% |
| Some High School | 10.2% |
| Other | 11.7% |
212 County Route 40 Comps
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