INVESTimate
$40,291
23 Liberty St PROPERTY INFO
FACTS
- Built In 1930
- Price/Sqft : $124.03
CONSTRUCTION
- Beds : 2
- Floor Size : 876 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
23 Liberty St, Corinth, NY 12822 is a single family home of 876 sqft. HomeUnion estimate for 23 Liberty St includes a Price Estimate of $108,646 and a Rent Estimate of $1,156. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 12.77% and Total Return of 22.51%. The estimated 1 year forecast in home value for 23 Liberty St is -1.26%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
23 Liberty St SCHOOLS
Financial Details
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CORINTH
Neighborhood : CORINTH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,156 per month.
MY RENT : $1,156 MEDIAN RENT : $1,297
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 $1,156 would therefore be considered affordable for annual household incomes greater than $46,240 (12 months x 3.333 x $1,156).
HOUSEHOLD INCOME RANGE
Approximately 1,123 of households in this neighborhood have a total annual income of $46,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,156 per month.
MINIMUM INCOME RANGE : $46,240
COMMUTE TIME DISTRIBUTION
68% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
CORINTH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.4% |
Construction | 10.0% |
Educational Services | 9.6% |
Health Care & Social Assistance | 19.9% |
Manufacturing | 8.7% |
Retail & Wholesale Trader | 13.6% |
Other | 29.7% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.9% |
15-19 | 8.2% |
20-24 | 4.8% |
25-44 | 25.4% |
45-65 | 25.9% |
66+ | 16.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.5% |
Healthcare | 7.7% |
Management, Business, & Financial | 10.0% |
Natural Resources Maintenance | 12.6% |
Production & Transportation | 20.1% |
Sales & Office | 20.4% |
Other | 21.7% |
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 | 11.9% |
High School | 41.5% |
Masters Degree | 4.0% |
Some College | 17.0% |
Some High School | 11.6% |
Other | 14.0% |
23 Liberty St Comps
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