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

4666 Route 9n Corinth, NY 12822

2 Beds 1 Baths 896 sqft Built 1945
Last updated:  Jan 23, 2020

INVESTimate

$120,767

$114K - $128K

Price Est.

$1,187

$1.1K - $1.3K

Rent Est.

$119,245  ( -1.26%)   1 YR EST. FORECAST
  
  
  

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

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 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
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

4666 Route 9n PROPERTY INFO

FACTS
  • Built In 1945
  • Price/Sqft : $134.78
CONSTRUCTION
  • Beds : 2
  • Floor Size : 896 sqft
  • Baths : 1 Full

4666 Route 9n SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CORINTH CENTRAL MIDDLE SCHOOL Primary Regular 383 32 6
CORINTH CENTRAL MIDDLE SCHOOL Middle Regular 383 32 6
CORINTH CENTRAL HIGH SCHOOL High Regular 392 32 7

CORINTH CENTRAL MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 383
  • # of teachers: 32
6
GreatSchools Rating

CORINTH CENTRAL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 383
  • # of teachers: 32
6
GreatSchools Rating

CORINTH CENTRAL HIGH SCHOOL

  • Education Level: High
  • # of students: 392
  • # of teachers: 32
7
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

CORINTH

  • 6,290

    POPULATION
  • 2,415

    HOUSEHOLDS
  • 47.7%

    WHITE COLLAR

Neighborhood : CORINTH

HOUSEHOLDS
2,415
POPULATION

6,290

21.6%Renters
78.4%Home Owners
LABOR FORCE

 

47.7%White Collar
52.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,187 per month.

MY RENT : $1,187 MEDIAN RENT : $1,299

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 69.4%
>=$1,500 30.1%
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 $1,187 would therefore be considered affordable for annual household incomes greater than $47,480 (12 months x 3.333 x $1,187).

Rent % Affordability
Above $500 85.2%
Above $700 77.6%
Above $1,100 60.9%
Above $1,500 44.2%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 1,202 of households in this neighborhood have a total annual income of $47,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,187 per month.

MINIMUM INCOME RANGE : $47,480

Income % Distribution
<$20K 14.8%
$20K-$35K 14.4%
$35K-$60K 26.6%
$60K-$100K 23.0%
>=$100K 21.2%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 6.9%
10-14 mins 6.4%
15-19 mins 10.0%
20-29 mins 32.2%
30-44 mins 26.9%
45-59 mins 6.2%
>60 mins 7.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,187 per month.

MY RENT : $1,187 MEDIAN RENT : $1,299

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.5%
$1,000-1,499 69.4%
>=$1,500 30.1%
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 $1,187 would therefore be considered affordable for annual household incomes greater than $47,480 (12 months x 3.333 x $1,187).

Rent % Affordability
Above $500 85.2%
Above $700 77.6%
Above $1,100 60.9%
Above $1,500 44.2%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 1,202 of households in this neighborhood have a total annual income of $47,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,187 per month.

MINIMUM INCOME RANGE : $47,480

Income % Distribution
<$20K 14.8%
$20K-$35K 14.4%
$35K-$60K 26.6%
$60K-$100K 23.0%
>=$100K 21.2%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 6.9%
10-14 mins 6.4%
15-19 mins 10.0%
20-29 mins 32.2%
30-44 mins 26.9%
45-59 mins 6.2%
>60 mins 7.3%

CORINTH Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.6%
Construction 8.8%
Educational Services 8.6%
Health Care & Social Assistance 17.8%
Manufacturing 8.0%
Retail & Wholesale Trader 16.7%
Other 31.5%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 30% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 18.7%
15-19 7.5%
20-24 4.1%
25-44 25.3%
45-65 27.3%
66+ 17.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.6%
Healthcare 7.2%
Management, Business, & Financial 8.2%
Natural Resources Maintenance 11.4%
Production & Transportation 20.3%
Sales & Office 25.0%
Other 21.3%
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 11.0%
High School 41.8%
Masters Degree 3.9%
Some College 16.2%
Some High School 12.6%
Other 14.4%

4666 Route 9n Comps

Sorry, we do not have sufficient data available.

4666 Route 9n, Corinth, NY 12822 is a single family home of 896 sqft. HomeUnion INVESTimateĀ® for 4666 Route 9n includes a Price Estimate of $120,767 and a Rent Estimate of $1,187. This single family home has 2 bedrooms,1 bathrooms, and was built in 1945. This property has an estimated 15 year annualized Yield of 11.79% and Total Return of 18.61%. The estimated 1 year forecast in home value for 4666 Route 9n is -1.26%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , SARATOGA County , or the 12822 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 12833
  2. 12859