INVESTimate
$77,742
395 Clark Rd PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $147.39
CONSTRUCTION
- Beds : 4
- Floor Size : 1,696 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
395 Clark Rd, Nineveh, NY 13813 is a single family home of 1,696 sqft. HomeUnion estimate for 395 Clark Rd includes a Price Estimate of $249,971 and a Rent Estimate of $1,910. This single family home has 4 bedrooms, 1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 9.17% and Total Return of 13.61%. The estimated 1 year forecast in home value for 395 Clark Rd is -0.97%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
395 Clark Rd SCHOOLS
Financial Details
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NINEVEH
Neighborhood : NINEVEH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,910 per month.
MY RENT : $1,910 MEDIAN RENT : $1,927
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 $1,910 would therefore be considered affordable for annual household incomes greater than $76,400 (12 months x 3.333 x $1,910).
HOUSEHOLD INCOME RANGE
Approximately 74 of households in this neighborhood have a total annual income of $76,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,910 per month.
MINIMUM INCOME RANGE : $76,400
COMMUTE TIME DISTRIBUTION
64% of the working population has a commute time of 15 to 44 minutes, 33% has a commute time of 14 minutes or less and 2% has a commute time of 45 minutes or longer.
NINEVEH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 17.0% |
Educational Services | 25.8% |
Health Care & Social Assistance | 12.1% |
Manufacturing | 8.2% |
Professional & Scientific Tech Services | 6.5% |
Retail & Wholesale Trader | 6.5% |
Other | 23.9% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 23.1% |
15-19 | 5.8% |
20-24 | 5.5% |
25-44 | 21.4% |
45-65 | 30.3% |
66+ | 13.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 2.9% |
Healthcare | 2.3% |
Management, Business, & Financial | 22.8% |
Natural Resources Maintenance | 22.8% |
Production & Transportation | 18.7% |
Sales & Office | 24.0% |
Other | 6.4% |
HIGHEST EDUCATION LEVEL
25% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.9% |
High School | 42.0% |
Masters Degree | 13.7% |
Some College | 8.1% |
Some High School | 20.4% |
Other | 6.8% |
395 Clark Rd Comps
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