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3510 Gerry Levant Rd PROPERTY INFO
FACTS
- Built In 1987
- Price/Sqft : $99.43
CONSTRUCTION
- Beds : 3
- Floor Size : 2,700 sqft
- Baths : 2 Full
3510 Gerry Levant Rd SCHOOLS
Financial Details
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FALCONER
Neighborhood : FALCONER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,769 per month.
MY RENT : $2,769 MEDIAN RENT : $1,920
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 $2,769 would therefore be considered affordable for annual household incomes greater than $110,760 (12 months x 3.333 x $2,769).
HOUSEHOLD INCOME RANGE
Approximately 104 of households in this neighborhood have a total annual income of $110,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,769 per month.
MINIMUM INCOME RANGE : $110,760
COMMUTE TIME DISTRIBUTION
35% of the working population has a commute time of 15 to 44 minutes, 63% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.
FALCONER Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 10.2% |
| Educational Services | 7.0% |
| Health Care & Social Assistance | 17.7% |
| Manufacturing | 30.8% |
| Public Administration | 3.7% |
| Retail & Wholesale Trader | 11.2% |
| Other | 19.5% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 32% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.4% |
| 15-19 | 6.2% |
| 20-24 | 6.8% |
| 25-44 | 23.4% |
| 45-65 | 26.7% |
| 66+ | 17.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 8.8% |
| Management, Business, & Financial | 11.7% |
| Natural Resources Maintenance | 5.4% |
| Production & Transportation | 34.8% |
| Sales & Office | 18.6% |
| Social | 4.9% |
| Other | 15.8% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 15.0% |
| High School | 43.0% |
| Masters Degree | 5.5% |
| Some College | 19.3% |
| Some High School | 8.0% |
| Other | 9.3% |
3510 Gerry Levant Rd Comps
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3510 Gerry Levant Rd, Falconer, NY 14733 is a single family home of 2,700 sqft. HomeUnion INVESTimateĀ® for 3510 Gerry Levant Rd includes a Price Estimate of $268,458 and a Rent Estimate of $2,769. This single family home has 3 bedrooms,2 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 12.38% and Total Return of 23.09%. The estimated 1 year forecast in home value for 3510 Gerry Levant Rd is 0.41%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , CHAUTAUQUA County , or the 14733 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
