1. < County Route 16

Sell Your Property

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.

...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.

561 County Route 16 Mexico, NY 13114

3 Beds 2 Baths 1,820 sqft Built 2002
Last updated:  Nov 28, 2019

INVESTimate

$123,314

$117K - $130K

Price Est.

$1,134

972 - $1.3K

Rent Est.

$44,178

Investment Est.

$132,119  ( +7.14%)   1 YR EST. FORECAST

561 County Route 16 PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $67.75
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,820 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
561 County Route 16, Mexico, NY 13114 is a single family home of 1,820 sqft. HomeUnion estimate for 561 County Route 16 includes a Price Estimate of $123,314 and a Rent Estimate of $1,134. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 11.04% and Total Return of 8.79%. The estimated 1 year forecast in home value for 561 County Route 16 is 7.14%.

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $12,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 6980 MERRYWOOD DRIVE Fairburn, GA
    • 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1978 ∙ 1units 3 beds 2 baths ∙ 1,498 Sqft ∙ Built 1978 ∙ 1units
    AVAILABLE fmls
    • 12.00% GROSS YIELD
    • $10,782 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $140,000
    • $42,850
    • $1,400

561 County Route 16 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MEXICO HIGH SCHOOL High Regular 714 55 5

MEXICO HIGH SCHOOL

  • Education Level: High
  • # of students: 714
  • # of teachers: 55
5
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

MEXICO

  • 6,646

    POPULATION

  • 2,474

    HOUSEHOLDS

  • 51.0%

    WHITE COLLAR

Neighborhood : MEXICO

HOUSEHOLDS
2,474
POPULATION

6,646

22.0%Renters
78.0%Home Owners
LABOR FORCE

 

51.0%White Collar
49.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,134 per month.

MY RENT : $1,134 MEDIAN RENT : $1,158

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 7.6%
$900-999 13.0%
$1,000-1,499 71.0%
>=$1,500 8.4%
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 $1,134 would therefore be considered affordable for annual household incomes greater than $45,360 (12 months x 3.333 x $1,134).

Rent % Affordability
Above $500 84.9%
Above $700 78.2%
Above $1,100 63.6%
Above $1,500 48.3%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 1,343 of households in this neighborhood have a total annual income of $45,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,134 per month.

MINIMUM INCOME RANGE : $45,360

Income % Distribution
<$20K 15.1%
$20K-$35K 12.1%
$35K-$60K 24.5%
$60K-$100K 26.1%
>=$100K 22.2%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 13.4%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 24.6%
30-44 mins 23.0%
45-59 mins 7.1%
>60 mins 5.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,134 per month.

MY RENT : $1,134 MEDIAN RENT : $1,158

Rent % Distribution
$500-699 0.0%
$700-899 7.6%
$900-999 13.0%
$1,000-1,499 71.0%
>=$1,500 8.4%
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 $1,134 would therefore be considered affordable for annual household incomes greater than $45,360 (12 months x 3.333 x $1,134).

Rent % Affordability
Above $500 84.9%
Above $700 78.2%
Above $1,100 63.6%
Above $1,500 48.3%
Above $1,900 35.0%
HOUSEHOLD INCOME RANGE

Approximately 1,343 of households in this neighborhood have a total annual income of $45,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,134 per month.

MINIMUM INCOME RANGE : $45,360

Income % Distribution
<$20K 15.1%
$20K-$35K 12.1%
$35K-$60K 24.5%
$60K-$100K 26.1%
>=$100K 22.2%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.6%
5-9 mins 13.4%
10-14 mins 6.5%
15-19 mins 13.5%
20-29 mins 24.6%
30-44 mins 23.0%
45-59 mins 7.1%
>60 mins 5.4%
MEXICO Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 8.8%
Construction 9.0%
Educational Services 11.0%
Health Care & Social Assistance 12.1%
Manufacturing 13.7%
Retail & Wholesale Trader 13.2%
Other 32.1%
OCCUPATION

           

Occupation % Distribution
Healthcare 8.2%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 15.8%
Production & Transportation 16.5%
Protect 6.5%
Sales & Office 18.9%
Other 22.2%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 17.6%
15-19 8.2%
20-24 6.7%
25-44 24.3%
45-65 29.7%
66+ 13.6%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorâ??s degree or higher.

Education Level % Distribution
Associates Degree 14.0%
High School 40.2%
Masters Degree 5.9%
Some College 18.0%
Some High School 10.2%
Other 11.7%

MEXICO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.8%
Construction 9.0%
Educational Services 11.0%
Health Care & Social Assistance 12.1%
Manufacturing 13.7%
Retail & Wholesale Trader 13.2%
Other 32.1%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 17.6%
15-19 8.2%
20-24 6.7%
25-44 24.3%
45-65 29.7%
66+ 13.6%
OCCUPATION

Occupation % Distribution
Healthcare 8.2%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 15.8%
Production & Transportation 16.5%
Protect 6.5%
Sales & Office 18.9%
Other 22.2%
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 14.0%
High School 40.2%
Masters Degree 5.9%
Some College 18.0%
Some High School 10.2%
Other 11.7%

561 County Route 16 Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , OSWEGO County , or the 13114 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on County Route 16

  1. 315 County Route 16
  2. 329 County Route 16
  3. 369 County Route 16
  4. 482 County Route 16
  5. 490 County Route 16
  6. 531 County Route 16
  7. 532 County Route 16
  8. 537 County Route 16 41
  9. 546 County Route 16
  10. 556 County Route 16
  11. 561 County Route 16
  12. 562 County Route 16
  13. 565 County Route 16
  14. 569 County Route 16
  15. 573 County Route 16
  16. 696 County Route 16
  17. 725 County Route 16
  18. 739 County Route 16
  19. 764 County Route 16
  20. 770 County Route 16
  21. 771 County Route 16
  22. 781 County Route 16
  23. 782 County Route 16 84
  24. 789 County Route 16
  25. 794 County Route 16

Similar Investment Properties By Bed/Bath within 2 miles

  1. 405 Academy St
  2. 325 George Rd
  3. 394 Academy St
  4. 314 Fravor Rd
  5. 329 County Route 16
  6. 115 Kranz Rd
  7. 739 County Route 16
  8. 279 Academy St
  9. 53 Kranz Rd
  10. 290 Academy St
  11. 253 George Rd
  12. 239 Fravor Rd
  13. 251 Academy St
  14. 187 George Rd
  15. 18 Gill Dr
  16. 254 Academy St
  17. 232 Academy St
  18. 168 Fravor Rd
  19. 24 26 County Route 40
  20. 156 Fravor Rd

Similar Investment Properties By List Price within 2 miles

  1. 537 County Route 16 41
  2. 565 County Route 16
  3. 556 County Route 16
  4. 562 County Route 16
  5. 531 County Route 16
  6. 6 Chapman Rd
  7. 532 County Route 16
  8. 473 Academy St
  9. 7 Chapman Rd
  10. 304 County Route 43
  11. 6 Potter Rd
  12. 85 Clark Rd
  13. 490 County Route 16
  14. 441 Fravor Rd
  15. 482 County Route 16
  16. 469 Academy St
  17. 379 393 George Rd
  18. 419 Fravor Rd
  19. 461 Academy St
  20. 26 Potter Rd

Nearest zipcodes within 2 miles

No Zipcodes available
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.