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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

421 Pennsylvania Ave Waverly, NY 14892

3 Beds 1 Baths 1,712 sqft Built 1890
Last updated:  Dec 26, 2019

INVESTimate

$100,599

$86.0K - $115K

Price Est.

$1,601

$1.2K - $2.0K

Rent Est.

$100,468  ( -0.13%)   1 YR EST. FORECAST
  
  
  

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421 Pennsylvania Ave PROPERTY INFO

FACTS
  • Built In 1890
  • Price/Sqft : $58.76
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,712 sqft
  • Baths : 1 Full

421 Pennsylvania Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CHEMUNG ELEMENTARY SCHOOL Primary Regular 126 7 5
WAVERLY MIDDLE SCHOOL Middle Regular 395 20 5
WAVERLY HIGH SCHOOL High Regular 480 34 6

CHEMUNG ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 126
  • # of teachers: 7
5
GreatSchools Rating

WAVERLY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 395
  • # of teachers: 20
5
GreatSchools Rating

WAVERLY HIGH SCHOOL

  • Education Level: High
  • # of students: 480
  • # of teachers: 34
6
GreatSchools Rating
 

Financial Details

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Neighborhood

WAVERLY

  • 7,907

    POPULATION
  • 3,177

    HOUSEHOLDS
  • 48.1%

    WHITE COLLAR

Neighborhood : WAVERLY

HOUSEHOLDS
3,177
POPULATION

7,907

33.6%Renters
66.4%Home Owners
LABOR FORCE

 

48.1%White Collar
51.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,601 per month.

MY RENT : $1,601 MEDIAN RENT : $1,726

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 19.0%
>=$1,500 81.0%
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 $1,601 would therefore be considered affordable for annual household incomes greater than $64,040 (12 months x 3.333 x $1,601).

Rent % Affordability
Above $500 76.3%
Above $700 64.9%
Above $1,100 47.5%
Above $1,500 39.1%
Above $1,900 26.5%
HOUSEHOLD INCOME RANGE

Approximately 806 of households in this neighborhood have a total annual income of $64,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,601 per month.

MINIMUM INCOME RANGE : $64,040

Income % Distribution
<$20K 23.7%
$20K-$35K 21.6%
$35K-$60K 15.6%
$60K-$100K 21.4%
>=$100K 17.7%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.5%
5-9 mins 22.7%
10-14 mins 20.3%
15-19 mins 10.2%
20-29 mins 16.9%
30-44 mins 12.5%
45-59 mins 5.5%
>60 mins 3.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,601 per month.

MY RENT : $1,601 MEDIAN RENT : $1,726

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 19.0%
>=$1,500 81.0%
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 $1,601 would therefore be considered affordable for annual household incomes greater than $64,040 (12 months x 3.333 x $1,601).

Rent % Affordability
Above $500 76.3%
Above $700 64.9%
Above $1,100 47.5%
Above $1,500 39.1%
Above $1,900 26.5%
HOUSEHOLD INCOME RANGE

Approximately 806 of households in this neighborhood have a total annual income of $64,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,601 per month.

MINIMUM INCOME RANGE : $64,040

Income % Distribution
<$20K 23.7%
$20K-$35K 21.6%
$35K-$60K 15.6%
$60K-$100K 21.4%
>=$100K 17.7%
COMMUTE TIME DISTRIBUTION

40% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.5%
5-9 mins 22.7%
10-14 mins 20.3%
15-19 mins 10.2%
20-29 mins 16.9%
30-44 mins 12.5%
45-59 mins 5.5%
>60 mins 3.4%

WAVERLY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.9%
Construction 5.9%
Educational Services 7.0%
Health Care & Social Assistance 25.6%
Manufacturing 17.0%
Retail & Wholesale Trader 12.6%
Other 20.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 18.4%
15-19 6.4%
20-24 5.9%
25-44 23.8%
45-65 28.5%
66+ 17.0%
OCCUPATION

Occupation % Distribution
Education 5.2%
Healthcare 13.2%
Management, Business, & Financial 13.5%
Natural Resources Maintenance 8.1%
Production & Transportation 23.1%
Sales & Office 14.8%
Other 22.1%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.0%
High School 45.3%
Masters Degree 6.2%
Some College 18.1%
Some High School 11.5%
Other 9.9%

421 Pennsylvania Ave Comps

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421 Pennsylvania Ave, Waverly, NY 14892 is a single family home of 1,712 sqft. HomeUnion INVESTimateĀ® for 421 Pennsylvania Ave includes a Price Estimate of $100,599 and a Rent Estimate of $1,601. This single family home has 3 bedrooms,1 bathrooms, and was built in 1890. This property has an estimated 15 year annualized Yield of 19.10% and Total Return of 28.50%. The estimated 1 year forecast in home value for 421 Pennsylvania Ave is -0.13%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , TIOGA County , or the 14892 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 13760
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