INVESTimate
$55,252
OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
7461 West St PROPERTY INFO
FACTS
- Built In 2013
- Price/Sqft : $97.12
CONSTRUCTION
- Beds : 3
- Floor Size : 1,700 sqft
- Baths : 2 Full
7461 West St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
POLAND
Neighborhood : POLAND
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,477 per month.
MY RENT : $1,477 MEDIAN RENT : $1,419
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 $1,477 would therefore be considered affordable for annual household incomes greater than $59,080 (12 months x 3.333 x $1,477).
HOUSEHOLD INCOME RANGE
Approximately 381 of households in this neighborhood have a total annual income of $59,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,477 per month.
MINIMUM INCOME RANGE : $59,080
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
POLAND Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 10.5% |
Educational Services | 8.4% |
Health Care & Social Assistance | 18.5% |
Manufacturing | 8.2% |
Public Administration | 7.3% |
Retail & Wholesale Trader | 14.9% |
Other | 32.2% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.1% |
15-19 | 6.3% |
20-24 | 3.3% |
25-44 | 24.1% |
45-65 | 28.4% |
66+ | 15.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.4% |
Healthcare | 10.4% |
Management, Business, & Financial | 15.1% |
Natural Resources Maintenance | 12.2% |
Production & Transportation | 13.4% |
Sales & Office | 26.2% |
Other | 17.2% |
HIGHEST EDUCATION LEVEL
23% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.4% |
High School | 35.3% |
Masters Degree | 9.2% |
Some College | 16.7% |
Some High School | 8.0% |
Other | 18.3% |
7461 West St Comps
7461 West St, Poland, NY 13431 is a single family home of 1,700 sqft. HomeUnion INVESTimateĀ® for 7461 West St includes a Price Estimate of $165,101 and a Rent Estimate of $1,477. This single family home has 3 bedrooms,2 bathrooms, and was built in 2013. This property has an estimated 15 year annualized Yield of 10.74% and Total Return of 19.11%. The estimated 1 year forecast in home value for 7461 West St is 2.39%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , HERKIMER County , or the 13431 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2