Financial Details4066 Lakeview Rd PROPERTY INFO
FACTS
- Built In 1950
- Price/Sqft : $86.97
CONSTRUCTION
- Beds : 3
- Floor Size : 1,064 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
4066 Lakeview Rd, Forestport, NY 13338 is a single family home of 1,064 sqft. HomeUnion estimate for 4066 Lakeview Rd includes a Price Estimate of $92,535 and a Rent Estimate of $1,164. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 15.09% and Total Return of 27.54%. The estimated 1 year forecast in home value for 4066 Lakeview Rd is 1.42%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
4066 Lakeview Rd SCHOOLS
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Financial Details
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FORESTPORT
Neighborhood : FORESTPORT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,164 per month.
MY RENT : $1,164 MEDIAN RENT : $1,118
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 $1,164 would therefore be considered affordable for annual household incomes greater than $46,560 (12 months x 3.333 x $1,164).
HOUSEHOLD INCOME RANGE
Approximately 252 of households in this neighborhood have a total annual income of $46,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,164 per month.
MINIMUM INCOME RANGE : $46,560
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
FORESTPORT Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 16.1% |
| Construction | 14.5% |
| Educational Services | 8.6% |
| Health Care & Social Assistance | 12.2% |
| Public Administration | 9.9% |
| Retail & Wholesale Trader | 11.1% |
| Other | 27.5% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 15% is 24 or younger and 28% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 8.3% |
| 15-19 | 4.7% |
| 20-24 | 1.9% |
| 25-44 | 15.6% |
| 45-65 | 41.6% |
| 66+ | 28.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.7% |
| Healthcare | 9.5% |
| Management, Business, & Financial | 19.9% |
| Natural Resources Maintenance | 18.2% |
| Production & Transportation | 9.5% |
| Sales & Office | 19.9% |
| Other | 17.3% |
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 | 12.3% |
| High School | 39.9% |
| Masters Degree | 8.3% |
| Some College | 16.3% |
| Some High School | 8.3% |
| Other | 14.9% |
4066 Lakeview Rd Comps
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