INVESTimate
$37,464
Financial Details635 Main St PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $80.57
CONSTRUCTION
- Beds : 3
- Floor Size : 1,216 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
635 Main St, Breesport, NY 14816 is a single family home of 1,216 sqft. HomeUnion estimate for 635 Main St includes a Price Estimate of $97,978 and a Rent Estimate of $1,488. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 18.22% and Total Return of 33.48%. The estimated 1 year forecast in home value for 635 Main St is 0.51%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
635 Main St SCHOOLS
Financial Details
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BREESPORT
Neighborhood : BREESPORT
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,488 per month.
MY RENT : $1,488 MEDIAN RENT : $1,619
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 $1,488 would therefore be considered affordable for annual household incomes greater than $59,520 (12 months x 3.333 x $1,488).
HOUSEHOLD INCOME RANGE
Approximately 109 of households in this neighborhood have a total annual income of $59,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,488 per month.
MINIMUM INCOME RANGE : $59,520
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.
BREESPORT Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 5.9% |
| Educational Services | 12.3% |
| Health Care & Social Assistance | 13.1% |
| Manufacturing | 11.4% |
| Retail & Wholesale Trader | 26.7% |
| Transportation | 4.2% |
| Other | 26.3% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 24% is 24 or younger and 23% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.4% |
| 15-19 | 3.5% |
| 20-24 | 5.7% |
| 25-44 | 17.9% |
| 45-65 | 35.4% |
| 66+ | 23.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 7.4% |
| Healthcare | 14.3% |
| Management, Business, & Financial | 12.6% |
| Natural Resources Maintenance | 8.0% |
| Production & Transportation | 16.0% |
| Sales & Office | 25.1% |
| Other | 16.6% |
HIGHEST EDUCATION LEVEL
26% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 11.4% |
| High School | 35.3% |
| Masters Degree | 12.5% |
| Some College | 17.5% |
| Some High School | 5.2% |
| Other | 18.1% |
635 Main St Comps
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