ZIP Code: 12952 City: Lyon Mountain County: Clinton State: NY
Appreciation Rate: 12.9% for the last five years. This is number 3,570 in appreciation investment rank, out of 28,107 U.S. ZIP codes. $100,000 invested, at this rate, in 2001 would be $164,500 today.
House Price:$43,103 is the current average. The nationwide average is $262,000. Banks expect house debt payments to be under 30% of earnings and rent.
Rent: medians are, $278.94 for one bedroom, $336.24 for two bedrooms, $336.24 for three bedrooms, and $589.78 for four bedrooms.
Vacancy Rate: 11.11% for residential housing. Expect 41 days vacant and $506 lost when a rental property is vacated.
Housing Inventory: is 239 properties. Over 500 properties means real estate investment is more predictable. Under 500 properties means more risk and more opportunity.
Rental Income: Ranks 10,277 out of 28,107 ZIP Codes. The rent cashflow value is $134.02 per month per 2.5 bedroom property (10% downpayment and 6.5% mortgage rate).
Investment Grades
Capital appreciation: Voletus grade is C. It ranks 14,251 out of 28,107 ZIP Codes for total cash return.
Rent Income: Voletus grade is B. It ranks 10,277 out of 28,107 ZIP Codes for rental income.