INVESTimate
$30,628
114 Walter Dr PROPERTY INFO
FACTS
- Built In 1980
- Price/Sqft : $63.93
CONSTRUCTION
- Beds : 3
- Floor Size : 1,129 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
114 Walter Dr, Battleboro, NC 27809 is a single family home of 1,129 sqft. HomeUnion estimate for 114 Walter Dr includes a Price Estimate of $72,182 and a Rent Estimate of $724. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 12.04% and Total Return of 18.43%. The estimated 1 year forecast in home value for 114 Walter Dr is 0.88%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
114 Walter Dr SCHOOLS
Financial Details
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BATTLEBORO
Neighborhood : BATTLEBORO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $724 per month.
MY RENT : $724 MEDIAN RENT : $769
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 $724 would therefore be considered affordable for annual household incomes greater than $28,960 (12 months x 3.333 x $724).
HOUSEHOLD INCOME RANGE
Approximately 3,610 of households in this neighborhood have a total annual income of $28,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $724 per month.
MINIMUM INCOME RANGE : $28,960
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.
BATTLEBORO Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 6.0% |
Arts & Entertainment | 11.1% |
Educational Services | 6.6% |
Health Care & Social Assistance | 11.6% |
Manufacturing | 17.9% |
Retail & Wholesale Trader | 17.2% |
Other | 29.6% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 18.9% |
15-19 | 6.7% |
20-24 | 4.7% |
25-44 | 21.8% |
45-65 | 31.8% |
66+ | 16.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.7% |
Healthcare | 9.3% |
Management, Business, & Financial | 13.4% |
Natural Resources Maintenance | 12.7% |
Production & Transportation | 18.8% |
Sales & Office | 17.9% |
Other | 21.2% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.5% |
High School | 34.6% |
Masters Degree | 4.8% |
Some College | 17.3% |
Some High School | 15.5% |
Other | 16.3% |
114 Walter Dr Comps
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