INVESTimate
$45,560
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100 Rusty St PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $53.62
CONSTRUCTION
- Beds : 0
- Floor Size : 2,397 sqft
- Baths : 0 Full
100 Rusty St SCHOOLS
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Financial Details
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TABOR CITY
Neighborhood : TABOR CITY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 20% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,093 per month.
MY RENT : $1,093 MEDIAN RENT : $829
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 $1,093 would therefore be considered affordable for annual household incomes greater than $43,720 (12 months x 3.333 x $1,093).
HOUSEHOLD INCOME RANGE
Approximately 992 of households in this neighborhood have a total annual income of $43,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,093 per month.
MINIMUM INCOME RANGE : $43,720
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
TABOR CITY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.3% |
| Construction | 8.6% |
| Educational Services | 7.6% |
| Health Care & Social Assistance | 19.2% |
| Manufacturing | 10.9% |
| Retail & Wholesale Trader | 12.4% |
| Other | 32.0% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.9% |
| 15-19 | 6.2% |
| 20-24 | 7.5% |
| 25-44 | 29.4% |
| 45-65 | 25.9% |
| 66+ | 15.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 12.2% |
| Management, Business, & Financial | 6.8% |
| Natural Resources Maintenance | 15.8% |
| Production & Transportation | 21.0% |
| Protect | 6.8% |
| Sales & Office | 24.2% |
| Other | 13.1% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 7.4% |
| High School | 39.5% |
| Masters Degree | 3.4% |
| Some College | 20.0% |
| Some High School | 23.8% |
| Other | 5.9% |
100 Rusty St Comps
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100 Rusty St, Tabor City, NC 28463 is a single family home of 2,397 sqft. HomeUnion INVESTimateĀ® for 100 Rusty St includes a Price Estimate of $128,528 and a Rent Estimate of $1,093. This single family home has 0 bedrooms,0 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 10.20% and Total Return of 16.24%. The estimated 1 year forecast in home value for 100 Rusty St is -1.29%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , COLUMBUS County , or the 28463 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
