Financial Details229 Seber Shores Rd PROPERTY INFO
FACTS
- Built In 1930
- Price/Sqft : $181.93
CONSTRUCTION
- Beds : 2
- Floor Size : 736 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
229 Seber Shores Rd, Sandy Creek, NY 13145 is a single family home of 736 sqft. HomeUnion estimate for 229 Seber Shores Rd includes a Price Estimate of $133,902 and a Rent Estimate of $792. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 7.10% and Total Return of 6.57%. The estimated 1 year forecast in home value for 229 Seber Shores Rd is 1.21%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
229 Seber Shores Rd SCHOOLS
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Financial Details
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SANDY CREEK
Neighborhood : SANDY CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 86% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $792 per month.
MY RENT : $792 MEDIAN RENT : $1,019
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 $792 would therefore be considered affordable for annual household incomes greater than $31,680 (12 months x 3.333 x $792).
HOUSEHOLD INCOME RANGE
Approximately 1,412 of households in this neighborhood have a total annual income of $31,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $792 per month.
MINIMUM INCOME RANGE : $31,680
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
SANDY CREEK Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 12.7% |
| Educational Services | 11.2% |
| Health Care & Social Assistance | 11.0% |
| Manufacturing | 11.3% |
| Retail & Wholesale Trader | 11.2% |
| Transportation | 8.8% |
| Other | 33.9% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 28% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.6% |
| 15-19 | 5.1% |
| 20-24 | 4.3% |
| 25-44 | 27.1% |
| 45-65 | 27.4% |
| 66+ | 17.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 6.8% |
| Management, Business, & Financial | 15.6% |
| Natural Resources Maintenance | 16.7% |
| Production & Transportation | 14.9% |
| Protect | 5.5% |
| Sales & Office | 22.4% |
| Other | 18.2% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 11.4% |
| High School | 39.4% |
| Masters Degree | 5.3% |
| Some College | 24.2% |
| Some High School | 11.0% |
| Other | 8.7% |
229 Seber Shores Rd Comps
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