INVESTimate
$79,749
Financial Details5330 Graham Rd PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $95.81
CONSTRUCTION
- Beds : 4
- Floor Size : 2,688 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
5330 Graham Rd, Utica, NY 13502 is a single family home of 2,688 sqft. HomeUnion estimate for 5330 Graham Rd includes a Price Estimate of $257,545 and a Rent Estimate of $1,511. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 7.04% and Total Return of 11.95%. The estimated 1 year forecast in home value for 5330 Graham Rd is 4.07%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
5330 Graham Rd SCHOOLS
Financial Details
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UTICA
Neighborhood : UTICA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 4% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,511 per month.
MY RENT : $1,511 MEDIAN RENT : $1,154
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 $1,511 would therefore be considered affordable for annual household incomes greater than $60,440 (12 months x 3.333 x $1,511).
HOUSEHOLD INCOME RANGE
Approximately 2,900 of households in this neighborhood have a total annual income of $60,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,511 per month.
MINIMUM INCOME RANGE : $60,440
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 47% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.
UTICA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.8% |
| Educational Services | 11.5% |
| Financial Industries | 7.0% |
| Health Care & Social Assistance | 20.9% |
| Manufacturing | 9.2% |
| Retail & Wholesale Trader | 12.6% |
| Other | 29.1% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 33% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.9% |
| 15-19 | 8.0% |
| 20-24 | 7.3% |
| 25-44 | 23.6% |
| 45-65 | 26.0% |
| 66+ | 17.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.6% |
| Healthcare | 11.5% |
| Management, Business, & Financial | 12.4% |
| Natural Resources Maintenance | 8.6% |
| Production & Transportation | 12.9% |
| Sales & Office | 25.0% |
| Other | 24.0% |
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 | 13.7% |
| High School | 30.8% |
| Masters Degree | 6.7% |
| Some College | 21.7% |
| Some High School | 12.8% |
| Other | 14.3% |
5330 Graham Rd Comps
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