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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

285 State Route 104b Mexico, NY 13114

2 Beds 1 Baths 1,344 sqft Built 2004
Last updated:  Nov 28, 2019

INVESTimate

$123,496

$117K - $130K

Price Est.

$1,059

915 - $1.2K

Rent Est.

$132,314  ( +7.14%)   1 YR EST. FORECAST
  
  
  

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285 State Route 104b PROPERTY INFO

FACTS
  • Built In 2004
  • Price/Sqft : $91.89
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,344 sqft
  • Baths : 1 Full

285 State Route 104b SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MEXICO HIGH SCHOOL High Regular 714 55 5

MEXICO HIGH SCHOOL

  • Education Level: High
  • # of students: 714
  • # of teachers: 55
5
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

MEXICO

  • 6,646

    POPULATION
  • 2,474

    HOUSEHOLDS
  • 51.0%

    WHITE COLLAR

Neighborhood : MEXICO

HOUSEHOLDS
2,474
POPULATION

6,646

22.0%Renters
78.0%Home Owners
LABOR FORCE

 

51.0%White Collar
49.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,059 per month.

MY RENT : $1,059 MEDIAN RENT : $1,158

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.6%
$900-999 13.0%
$1,000-1,499 71.0%
>=$1,500 8.4%
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 $1,059 would therefore be considered affordable for annual household incomes greater than $42,360 (12 months x 3.333 x $1,059).

Rent % Affordability
Above $500 84.9%
Above $700 78.2%
Above $1,100 63.6%
Above $1,500 48.3%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 1,373 of households in this neighborhood have a total annual income of $42,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,059 per month.

MINIMUM INCOME RANGE : $42,360

Income % Distribution
<$20K 15.1%
$20K-$35K 12.1%
$35K-$60K 24.5%
$60K-$100K 26.1%
>=$100K 22.2%
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.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 13.4%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 24.6%
30-44 mins 23.0%
45-59 mins 7.1%
>60 mins 5.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,059 per month.

MY RENT : $1,059 MEDIAN RENT : $1,158

Rent % Distribution
$500-699 0.0%
$700-899 7.6%
$900-999 13.0%
$1,000-1,499 71.0%
>=$1,500 8.4%
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 $1,059 would therefore be considered affordable for annual household incomes greater than $42,360 (12 months x 3.333 x $1,059).

Rent % Affordability
Above $500 84.9%
Above $700 78.2%
Above $1,100 63.6%
Above $1,500 48.3%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 1,373 of households in this neighborhood have a total annual income of $42,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,059 per month.

MINIMUM INCOME RANGE : $42,360

Income % Distribution
<$20K 15.1%
$20K-$35K 12.1%
$35K-$60K 24.5%
$60K-$100K 26.1%
>=$100K 22.2%
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.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 13.4%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 24.6%
30-44 mins 23.0%
45-59 mins 7.1%
>60 mins 5.4%

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%

285 State Route 104b Comps

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285 State Route 104b, Mexico, NY 13114 is a single family home of 1,344 sqft. HomeUnion INVESTimateĀ® for 285 State Route 104b includes a Price Estimate of $123,496 and a Rent Estimate of $1,059. This single family home has 2 bedrooms,1 bathrooms, and was built in 2004. This property has an estimated 15 year annualized Yield of 10.29% and Total Return of 16.03%. The estimated 1 year forecast in home value for 285 State Route 104b is 7.14%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OSWEGO County , or the 13114 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 13069
  2. 13126
  3. 13121
  4. 13142