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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

4593 Otisco Rd Otisco, NY 13159

3 Beds 2 Baths 2,120 sqft Built 1972
Last updated:  Nov 28, 2019

INVESTimate

$67,062

$61.1K - $73.1K

Price Est.

$1,339

$1.1K - $1.5K

Rent Est.

$69,121  ( +3.07%)   1 YR EST. FORECAST
  
  
  

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4593 Otisco Rd PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $31.63
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,120 sqft
  • Baths : 2 Full

4593 Otisco Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TULLY ELEMENTARY SCHOOL Primary Regular 478 40 6
TULLY JUNIOR-SENIOR HIGH SCHOOL Middle Regular 532 41 9
TULLY JUNIOR-SENIOR HIGH SCHOOL High Regular 532 41 9

TULLY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 478
  • # of teachers: 40
6
GreatSchools Rating

TULLY JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 532
  • # of teachers: 41
9
GreatSchools Rating

TULLY JUNIOR-SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 532
  • # of teachers: 41
9
GreatSchools Rating
 

Financial Details

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Neighborhood

TULLY

  • 5,291

    POPULATION
  • 1,999

    HOUSEHOLDS
  • 64.7%

    WHITE COLLAR

Neighborhood : TULLY

HOUSEHOLDS
1,999
POPULATION

5,291

21.3%Renters
78.7%Home Owners
LABOR FORCE

 

64.7%White Collar
35.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,339 per month.

MY RENT : $1,339 MEDIAN RENT : $1,318

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 6.0%
$900-999 10.0%
$1,000-1,499 49.6%
>=$1,500 34.4%
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 $1,339 would therefore be considered affordable for annual household incomes greater than $53,560 (12 months x 3.333 x $1,339).

Rent % Affordability
Above $500 90.2%
Above $700 84.3%
Above $1,100 70.9%
Above $1,500 55.9%
Above $1,900 44.0%
HOUSEHOLD INCOME RANGE

Approximately 1,168 of households in this neighborhood have a total annual income of $53,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,339 per month.

MINIMUM INCOME RANGE : $53,560

Income % Distribution
<$20K 9.8%
$20K-$35K 11.5%
$35K-$60K 22.7%
$60K-$100K 23.1%
>=$100K 32.8%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 9.4%
5-9 mins 10.7%
10-14 mins 11.1%
15-19 mins 6.1%
20-29 mins 26.5%
30-44 mins 25.9%
45-59 mins 5.4%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,339 per month.

MY RENT : $1,339 MEDIAN RENT : $1,318

Rent % Distribution
$500-699 0.0%
$700-899 6.0%
$900-999 10.0%
$1,000-1,499 49.6%
>=$1,500 34.4%
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 $1,339 would therefore be considered affordable for annual household incomes greater than $53,560 (12 months x 3.333 x $1,339).

Rent % Affordability
Above $500 90.2%
Above $700 84.3%
Above $1,100 70.9%
Above $1,500 55.9%
Above $1,900 44.0%
HOUSEHOLD INCOME RANGE

Approximately 1,168 of households in this neighborhood have a total annual income of $53,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,339 per month.

MINIMUM INCOME RANGE : $53,560

Income % Distribution
<$20K 9.8%
$20K-$35K 11.5%
$35K-$60K 22.7%
$60K-$100K 23.1%
>=$100K 32.8%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 9.4%
5-9 mins 10.7%
10-14 mins 11.1%
15-19 mins 6.1%
20-29 mins 26.5%
30-44 mins 25.9%
45-59 mins 5.4%
>60 mins 4.8%

TULLY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Construction 9.3%
Educational Services 14.7%
Health Care & Social Assistance 13.8%
Manufacturing 7.2%
Retail & Wholesale Trader 13.2%
Other 33.4%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 33% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 16.7%
15-19 9.1%
20-24 7.5%
25-44 16.9%
45-65 34.0%
66+ 15.8%
OCCUPATION

Occupation % Distribution
Construction 6.2%
Healthcare 10.0%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 15.2%
Production & Transportation 11.3%
Sales & Office 17.4%
Other 22.4%
HIGHEST EDUCATION LEVEL

31% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.5%
High School 26.2%
Masters Degree 11.8%
Some College 16.4%
Some High School 6.5%
Other 24.6%

4593 Otisco Rd Comps

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4593 Otisco Rd, Otisco, NY 13159 is a single family home of 2,120 sqft. HomeUnion INVESTimateĀ® for 4593 Otisco Rd includes a Price Estimate of $67,062 and a Rent Estimate of $1,339. This single family home has 3 bedrooms,2 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 23.96% and Total Return of 37.05%. The estimated 1 year forecast in home value for 4593 Otisco Rd is 3.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , ONONDAGA County , or the 13159 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 13084
  2. 13110