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

6897 Austin Rd Glenfield, NY 13343

3 Beds 1 Baths 1,028 sqft Built 1962
Last updated:  Jan 23, 2020

INVESTimate

$141,919

$136K - $148K

Price Est.

$1,522

$1.2K - $1.9K

Rent Est.

$141,323  ( -0.42%)   1 YR EST. FORECAST
  
  
  

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

  • 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
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1924 Upland Drive Houston, TX
    • 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units
    AVAILABLE
    • 14.40% GROSS YIELD
    • $12,143 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,400

6897 Austin Rd PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $138.05
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,028 sqft
  • Baths : 1 Full

6897 Austin Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LOWVILLE ELEMENTARY SCHOOL Primary Regular 707 54 6
LOWVILLE MIDDLE SCHOOL Middle Regular 327 27 7
LOWVILLE HIGH SCHOOL High Regular 409 36 7

LOWVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 707
  • # of teachers: 54
6
GreatSchools Rating

LOWVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 327
  • # of teachers: 27
7
GreatSchools Rating

LOWVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 409
  • # of teachers: 36
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

GLENFIELD

  • 1,676

    POPULATION
  • 681

    HOUSEHOLDS
  • 50.7%

    WHITE COLLAR

Neighborhood : GLENFIELD

HOUSEHOLDS
681
POPULATION

1,676

13.2%Renters
86.8%Home Owners
LABOR FORCE

 

50.7%White Collar
49.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,522 per month.

MY RENT : $1,522 MEDIAN RENT : $1,475

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 52.5%
>=$1,500 46.9%
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 $1,522 would therefore be considered affordable for annual household incomes greater than $60,880 (12 months x 3.333 x $1,522).

Rent % Affordability
Above $500 87.6%
Above $700 83.2%
Above $1,100 63.2%
Above $1,500 47.2%
Above $1,900 33.9%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $60,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,522 per month.

MINIMUM INCOME RANGE : $60,880

Income % Distribution
<$20K 12.4%
$20K-$35K 12.4%
$35K-$60K 28.0%
$60K-$100K 29.2%
>=$100K 18.0%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 8.7%
10-14 mins 21.3%
15-19 mins 17.0%
20-29 mins 19.5%
30-44 mins 8.4%
45-59 mins 8.4%
>60 mins 11.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 47% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,522 per month.

MY RENT : $1,522 MEDIAN RENT : $1,475

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 52.5%
>=$1,500 46.9%
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 $1,522 would therefore be considered affordable for annual household incomes greater than $60,880 (12 months x 3.333 x $1,522).

Rent % Affordability
Above $500 87.6%
Above $700 83.2%
Above $1,100 63.2%
Above $1,500 47.2%
Above $1,900 33.9%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $60,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,522 per month.

MINIMUM INCOME RANGE : $60,880

Income % Distribution
<$20K 12.4%
$20K-$35K 12.4%
$35K-$60K 28.0%
$60K-$100K 29.2%
>=$100K 18.0%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.7%
5-9 mins 8.7%
10-14 mins 21.3%
15-19 mins 17.0%
20-29 mins 19.5%
30-44 mins 8.4%
45-59 mins 8.4%
>60 mins 11.1%

GLENFIELD Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 6.8%
Construction 19.6%
Educational Services 8.7%
Health Care & Social Assistance 11.1%
Manufacturing 15.5%
Retail & Wholesale Trader 12.2%
Other 26.2%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 27% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 17.5%
15-19 4.1%
20-24 5.4%
25-44 19.1%
45-65 36.3%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Clean 5.3%
Healthcare 7.3%
Management, Business, & Financial 17.2%
Natural Resources Maintenance 22.9%
Production & Transportation 14.9%
Sales & Office 16.4%
Other 16.0%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 49.8%
Masters Degree 4.2%
Some College 17.8%
Some High School 8.3%
Other 10.6%

6897 Austin Rd Comps

Sorry, we do not have sufficient data available.

6897 Austin Rd, Glenfield, NY 13343 is a single family home of 1,028 sqft. HomeUnion INVESTimateĀ® for 6897 Austin Rd includes a Price Estimate of $141,919 and a Rent Estimate of $1,522. This single family home has 3 bedrooms,1 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 12.87% and Total Return of 18.02%. The estimated 1 year forecast in home value for 6897 Austin Rd is -0.42%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , LEWIS County , or the 13343 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 13345
  2. 13367