1. < Lake Rd

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

7945 Lake Rd 11 Sodus Point, NY 14555

0 Beds 0 Baths 232 sqft Built 1980
Last updated:  Jan 23, 2020

INVESTimate

$34,564

$29.2K - $39.9K

Price Est.

$872

669 - $1.1K

Rent Est.

$20,659

Investment Est.

$36,403  ( +5.32%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    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
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1092 Rebel Forest DRIVE Atlanta, GA
    • 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990 3 beds 1 baths ∙ 960 Sqft ∙ Built 1990
    AVAILABLE
    • 14.18% GROSS YIELD
    • $10,195 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $62,150
    • $1,300
  • 12448 ROYAL LAKE DRIVE Conroe, TX
    • 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993 3 beds 2 baths ∙ 1,300 Sqft ∙ Built 1993
    AVAILABLE
    • 13.18% GROSS YIELD
    • $7,391 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $111,995
    • $35,429
    • $1,230

7945 Lake Rd 11 PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $148.98
CONSTRUCTION
  • Beds : 0
  • Floor Size : 232 sqft
  • Baths : 0 Full

7945 Lake Rd 11 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SODUS MIDDLE SCHOOL Primary Regular 353 23 7
SODUS MIDDLE SCHOOL Middle Regular 353 23 7
SODUS HIGH SCHOOL High Regular 365 23 5

SODUS MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 353
  • # of teachers: 23
7
GreatSchools Rating

SODUS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 353
  • # of teachers: 23
7
GreatSchools Rating

SODUS HIGH SCHOOL

  • Education Level: High
  • # of students: 365
  • # of teachers: 23
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

SODUS POINT

  • 1,004

    POPULATION

  • 473

    HOUSEHOLDS

  • 55.9%

    WHITE COLLAR

Neighborhood : SODUS POINT

HOUSEHOLDS
473
POPULATION

1,004

16.2%Renters
83.8%Home Owners
LABOR FORCE

 

55.9%White Collar
44.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $872 per month.

MY RENT : $872 MEDIAN RENT : $1,374

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 10.6%
$900-999 1.6%
$1,000-1,499 50.3%
>=$1,500 37.4%
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 $872 would therefore be considered affordable for annual household incomes greater than $34,880 (12 months x 3.333 x $872).

Rent % Affordability
Above $500 82.6%
Above $700 73.0%
Above $1,100 49.5%
Above $1,500 38.9%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 1,193 of households in this neighborhood have a total annual income of $34,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $872 per month.

MINIMUM INCOME RANGE : $34,880

Income % Distribution
<$20K 17.4%
$20K-$35K 21.0%
$35K-$60K 22.7%
$60K-$100K 17.4%
>=$100K 21.4%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 10.2%
10-14 mins 3.2%
15-19 mins 9.6%
20-29 mins 14.7%
30-44 mins 30.2%
45-59 mins 23.0%
>60 mins 6.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $872 per month.

MY RENT : $872 MEDIAN RENT : $1,374

Rent % Distribution
$500-699 0.0%
$700-899 10.6%
$900-999 1.6%
$1,000-1,499 50.3%
>=$1,500 37.4%
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 $872 would therefore be considered affordable for annual household incomes greater than $34,880 (12 months x 3.333 x $872).

Rent % Affordability
Above $500 82.6%
Above $700 73.0%
Above $1,100 49.5%
Above $1,500 38.9%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 1,193 of households in this neighborhood have a total annual income of $34,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $872 per month.

MINIMUM INCOME RANGE : $34,880

Income % Distribution
<$20K 17.4%
$20K-$35K 21.0%
$35K-$60K 22.7%
$60K-$100K 17.4%
>=$100K 21.4%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.9%
5-9 mins 10.2%
10-14 mins 3.2%
15-19 mins 9.6%
20-29 mins 14.7%
30-44 mins 30.2%
45-59 mins 23.0%
>60 mins 6.1%
SODUS POINT Demographics
INDUSTRY

           

Industry % Distribution
Administrative Support 5.6%
Educational Services 14.7%
Health Care & Social Assistance 9.8%
Manufacturing 13.4%
Retail & Wholesale Trader 25.7%
Transportation 9.8%
Other 21.0%
OCCUPATION

           

Occupation % Distribution
Construction 9.1%
Healthcare 8.3%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 11.0%
Production & Transportation 20.9%
Sales & Office 18.5%
Other 19.3%
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 17.3%
15-19 5.1%
20-24 3.2%
25-44 17.9%
45-65 26.0%
66+ 30.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 10.5%
High School 33.2%
Masters Degree 10.0%
Some College 26.8%
Some High School 4.3%
Other 15.3%

SODUS POINT Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.6%
Educational Services 14.7%
Health Care & Social Assistance 9.8%
Manufacturing 13.4%
Retail & Wholesale Trader 25.7%
Transportation 9.8%
Other 21.0%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 26% is 24 or younger and 30% is 65 or older.

Age % Distribution
<15 17.3%
15-19 5.1%
20-24 3.2%
25-44 17.9%
45-65 26.0%
66+ 30.5%
OCCUPATION

Occupation % Distribution
Construction 9.1%
Healthcare 8.3%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 11.0%
Production & Transportation 20.9%
Sales & Office 18.5%
Other 19.3%
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 10.5%
High School 33.2%
Masters Degree 10.0%
Some College 26.8%
Some High School 4.3%
Other 15.3%

7945 Lake Rd 11 Comps

Sorry, we do not have sufficient data available.

7945 Lake Rd 11, Sodus Point, NY 14555 is a single family home of 232 sqft. HomeUnion INVESTimateĀ® for 7945 Lake Rd 11 includes a Price Estimate of $34,564 and a Rent Estimate of $872. This single family home has 0 bedrooms,0 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 30.27% and Total Return of 38.78%. The estimated 1 year forecast in home value for 7945 Lake Rd 11 is 5.32%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , WAYNE County , or the 14555 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Lake Rd

  1. 7731 Lake Rd
  2. 7739 Lake Rd
  3. 7747 Lake Rd
  4. 7769 Lake Rd
  5. 7789 Lake Rd
  6. 7801 Lake Rd
  7. 7817 Lake Rd
  8. 7831 Lake Rd
  9. 7883 Lake Rd
  10. 7885 Lake Rd
  11. 7893 Lake Rd
  12. 7924 Lake Rd
  13. 7936 Lake Rd
  14. 7945 Lake Rd 1
  15. 7945 Lake Rd 101
  16. 7945 Lake Rd 103
  17. 7945 Lake Rd 104
  18. 7945 Lake Rd 105
  19. 7945 Lake Rd 109
  20. 7945 Lake Rd 11
  21. 7945 Lake Rd 110
  22. 7945 Lake Rd 112
  23. 7945 Lake Rd 113
  24. 7945 Lake Rd 116
  25. 7945 Lake Rd 117

Similar Investment Properties By Bed/Bath within 2 miles

  1. 7945 Lake Rd 153
  2. 7945 Lake Rd 9
  3. 7945 Lake Rd 13
  4. 7945 Lake Rd 23
  5. 7945 Lake Rd 154
  6. 7945 Lake Rd 24
  7. 7945 Lake Rd 152
  8. 7945 Lake Rd 22
  9. 7945 Lake Rd 25
  10. 7945 Lake Rd 21
  11. 7945 Lake Rd 8
  12. 7945 Lake Rd 26
  13. 7945 Lake Rd 30
  14. 7945 Lake Rd 145
  15. 7945 Lake Rd 31
  16. 7945 Lake Rd 29
  17. 7945 Lake Rd 15
  18. 7945 Lake Rd 28
  19. 7945 Lake Rd 33
  20. 7945 Lake Rd 144

Similar Investment Properties By List Price within 2 miles

  1. 7945 Lake Rd 153
  2. 7945 Lake Rd 9
  3. 7945 Lake Rd 23
  4. 7945 Lake Rd 154
  5. 7945 Lake Rd 24
  6. 7945 Lake Rd 152
  7. 7945 Lake Rd 22
  8. 7945 Lake Rd 25
  9. 7945 Lake Rd 21
  10. 7945 Lake Rd 8
  11. 7945 Lake Rd 26
  12. 7945 Lake Rd 30
  13. 7945 Lake Rd 145
  14. 7945 Lake Rd 31
  15. 7945 Lake Rd 29
  16. 7945 Lake Rd 15
  17. 7945 Lake Rd 28
  18. 7945 Lake Rd 33
  19. 7945 Lake Rd 144
  20. 7945 Lake Rd 148

Nearest zipcodes within 2 miles

  1. 14551
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.