INVESTimate
$103,149
Financial Details2266 Grover Rd PROPERTY INFO
FACTS
- Built In 1972
- Price/Sqft : $177.63
CONSTRUCTION
- Beds : 3
- Floor Size : 1,947 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
2266 Grover Rd, West Falls, NY 14170 is a single family home of 1,947 sqft. HomeUnion estimate for 2266 Grover Rd includes a Price Estimate of $345,846 and a Rent Estimate of $2,168. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 7.52% and Total Return of 17.55%. The estimated 1 year forecast in home value for 2266 Grover Rd is 7.89%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2266 Grover Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
WEST FALLS
Neighborhood : WEST FALLS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,168 per month.
MY RENT : $2,168 MEDIAN RENT : $2,202
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 $2,168 would therefore be considered affordable for annual household incomes greater than $86,720 (12 months x 3.333 x $2,168).
HOUSEHOLD INCOME RANGE
Approximately 342 of households in this neighborhood have a total annual income of $86,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,168 per month.
MINIMUM INCOME RANGE : $86,720
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
WEST FALLS Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.5% |
| Construction | 7.9% |
| Educational Services | 7.8% |
| Health Care & Social Assistance | 15.1% |
| Manufacturing | 11.1% |
| Retail & Wholesale Trader | 9.6% |
| Other | 39.1% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 31% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.7% |
| 15-19 | 7.1% |
| 20-24 | 4.5% |
| 25-44 | 21.4% |
| 45-65 | 34.5% |
| 66+ | 12.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 9.1% |
| Healthcare | 17.2% |
| Management, Business, & Financial | 17.5% |
| Natural Resources Maintenance | 12.2% |
| Production & Transportation | 10.2% |
| Sales & Office | 19.7% |
| Other | 14.2% |
HIGHEST EDUCATION LEVEL
29% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 14.2% |
| High School | 26.5% |
| Masters Degree | 9.7% |
| Some College | 19.7% |
| Some High School | 6.1% |
| Other | 23.9% |
2266 Grover Rd Comps
Sorry, we do not have sufficient data available.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ERIE County , or the 14170 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
