Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

3680 Gerry Levant Rd Falconer, NY 14733

3 Beds 2 Baths 1,980 sqft Built 1997
Last updated:  Jan 23, 2020

INVESTimate

$249,461

$228K - $271K

Price Est.

$2,503

$1.5K - $3.5K

Rent Est.

$250,484  ( +0.41%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

3680 Gerry Levant Rd PROPERTY INFO

FACTS
  • Built In 1997
  • Price/Sqft : $125.99
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,980 sqft
  • Baths : 1 Full 1 Half

3680 Gerry Levant Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HARVEY C. FENNER ELEMENTARY SCHOOL Primary Regular 274 19 5
FALCONER MIDDLE-HIGH SCHOOL Middle Regular 683 63 5
FALCONER MIDDLE-HIGH SCHOOL High Regular 683 63 5

HARVEY C. FENNER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 274
  • # of teachers: 19
5
GreatSchools Rating

FALCONER MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 683
  • # of teachers: 63
5
GreatSchools Rating

FALCONER MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 683
  • # of teachers: 63
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

FALCONER

  • 3,854

    POPULATION
  • 1,597

    HOUSEHOLDS
  • 48.3%

    WHITE COLLAR

Neighborhood : FALCONER

HOUSEHOLDS
1,597
POPULATION

3,854

34.4%Renters
65.6%Home Owners
LABOR FORCE

 

48.3%White Collar
51.7%Blue Collar
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 $2,503 per month.

MY RENT : $2,503 MEDIAN RENT : $1,919

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 2.9%
>=$1,500 97.1%
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 $2,503 would therefore be considered affordable for annual household incomes greater than $100,120 (12 months x 3.333 x $2,503).

Rent % Affordability
Above $500 80.3%
Above $700 69.9%
Above $1,100 51.7%
Above $1,500 32.4%
Above $1,900 21.1%
HOUSEHOLD INCOME RANGE

Approximately 112 of households in this neighborhood have a total annual income of $100,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,503 per month.

MINIMUM INCOME RANGE : $100,120

Income % Distribution
<$20K 19.7%
$20K-$35K 16.6%
$35K-$60K 31.3%
$60K-$100K 20.8%
>=$100K 11.7%
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.

Time (mins) % Distribution
<5 mins 9.0%
5-9 mins 26.3%
10-14 mins 27.5%
15-19 mins 14.5%
20-29 mins 14.5%
30-44 mins 5.5%
45-59 mins 1.8%
>60 mins 0.8%
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 $2,503 per month.

MY RENT : $2,503 MEDIAN RENT : $1,919

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 2.9%
>=$1,500 97.1%
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 $2,503 would therefore be considered affordable for annual household incomes greater than $100,120 (12 months x 3.333 x $2,503).

Rent % Affordability
Above $500 80.3%
Above $700 69.9%
Above $1,100 51.7%
Above $1,500 32.4%
Above $1,900 21.1%
HOUSEHOLD INCOME RANGE

Approximately 112 of households in this neighborhood have a total annual income of $100,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,503 per month.

MINIMUM INCOME RANGE : $100,120

Income % Distribution
<$20K 19.7%
$20K-$35K 16.6%
$35K-$60K 31.3%
$60K-$100K 20.8%
>=$100K 11.7%
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.

Time (mins) % Distribution
<5 mins 9.0%
5-9 mins 26.3%
10-14 mins 27.5%
15-19 mins 14.5%
20-29 mins 14.5%
30-44 mins 5.5%
45-59 mins 1.8%
>60 mins 0.8%

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%

3680 Gerry Levant Rd Comps

Sorry, we do not have sufficient data available.

3680 Gerry Levant Rd, Falconer, NY 14733 is a single family home of 1,980 sqft. HomeUnion INVESTimateĀ® for 3680 Gerry Levant Rd includes a Price Estimate of $249,461 and a Rent Estimate of $2,503. This single family home has 3 bedrooms,2 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 12.04% and Total Return of 20.64%. The estimated 1 year forecast in home value for 3680 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

Nearest zipcodes within 2 miles

  1. 14701
  2. 14740