INVESTimate
$31,163
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7264 Valley Rd PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $95.13
CONSTRUCTION
- Beds : 0
- Floor Size : 780 sqft
- Baths : 0 Full
7264 Valley Rd SCHOOLS
Financial Details
See Financial Details
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MADISON
Neighborhood : MADISON
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $970 per month.
MY RENT : $970 MEDIAN RENT : $1,440
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 $970 would therefore be considered affordable for annual household incomes greater than $38,800 (12 months x 3.333 x $970).
HOUSEHOLD INCOME RANGE
Approximately 316 of households in this neighborhood have a total annual income of $38,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $970 per month.
MINIMUM INCOME RANGE : $38,800
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
MADISON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 8.4% |
Educational Services | 10.5% |
Health Care & Social Assistance | 11.3% |
Manufacturing | 18.0% |
Professional & Scientific Tech Services | 7.0% |
Public Administration | 10.2% |
Other | 34.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 20% is 24 or younger and 29% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.8% |
15-19 | 2.0% |
20-24 | 4.3% |
25-44 | 19.5% |
45-65 | 31.0% |
66+ | 29.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 4.4% |
Healthcare | 15.0% |
Management, Business, & Financial | 15.0% |
Natural Resources Maintenance | 17.9% |
Production & Transportation | 26.8% |
Sales & Office | 13.3% |
Other | 7.5% |
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 | 56.1% |
Masters Degree | 3.9% |
Some College | 7.7% |
Some High School | 13.1% |
Other | 9.9% |
7264 Valley Rd Comps
7264 Valley Rd, Madison, NY 13402 is a single family home of 780 sqft. HomeUnion INVESTimateĀ® for 7264 Valley Rd includes a Price Estimate of $74,201 and a Rent Estimate of $970. This single family home has 0 bedrooms,0 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 15.69% and Total Return of 25.32%. The estimated 1 year forecast in home value for 7264 Valley Rd is 2.47%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , MADISON County , or the 13402 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2