INVESTimate
$43,554
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
107 Us 301 PROPERTY INFO
FACTS
- Built In 1930
- Price/Sqft : $81.29
CONSTRUCTION
- Beds : 3
- Floor Size : 1,488 sqft
- Baths : 1 Full
107 Us 301 SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
MICRO
Neighborhood : MICRO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $938 per month.
MY RENT : $938 MEDIAN RENT : $805
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 $938 would therefore be considered affordable for annual household incomes greater than $37,520 (12 months x 3.333 x $938).
HOUSEHOLD INCOME RANGE
Approximately 7 of households in this neighborhood have a total annual income of $37,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $938 per month.
MINIMUM INCOME RANGE : $37,520
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.
MICRO Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 21.4% |
| Construction | 7.1% |
| Health Care & Social Assistance | 10.7% |
| Manufacturing | 25.0% |
| Retail & Wholesale Trader | 17.9% |
| Transportation | 3.6% |
| Other | 14.3% |
AGE DISTRIBUTION
44% of the population is between the ages of 25 and 64, 42% is 24 or younger and 15% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 27.4% |
| 15-19 | 3.2% |
| 20-24 | 11.3% |
| 25-44 | 27.4% |
| 45-65 | 16.1% |
| 66+ | 14.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 7.1% |
| Construction | 7.1% |
| Management, Business, & Financial | 7.1% |
| Production & Transportation | 35.7% |
| Sales & Office | 42.9% |
| Social | 0.0% |
| Other | 0.0% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 16.7% |
| High School | 44.4% |
| Professional | 0.0% |
| Some College | 22.2% |
| Some High School | 13.9% |
| Other | 2.8% |
107 Us 301 Comps
Sorry, we do not have sufficient data available.
107 Us 301, Micro, NC 27555 is a single family home of 1,488 sqft. HomeUnion INVESTimateĀ® for 107 Us 301 includes a Price Estimate of $120,959 and a Rent Estimate of $938. This single family home has 3 bedrooms,1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 9.31% and Total Return of 22.14%. The estimated 1 year forecast in home value for 107 Us 301 is 4.39%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , JOHNSTON County , or the 27555 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
