INVESTimate
$41,964
115 Gold St PROPERTY INFO
FACTS
- Built In 1958
- Price/Sqft : $126.05
CONSTRUCTION
- Beds : 0
- Floor Size : 912 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
115 Gold St, Grover, NC 28073 is a single family home of 912 sqft. HomeUnion estimate for 115 Gold St includes a Price Estimate of $114,958 and a Rent Estimate of $718. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 7.49% and Total Return of 14.48%. The estimated 1 year forecast in home value for 115 Gold St is 1.43%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
115 Gold St SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
GROVER
Neighborhood : GROVER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $718 per month.
MY RENT : $718 MEDIAN RENT : $737
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 $718 would therefore be considered affordable for annual household incomes greater than $28,720 (12 months x 3.333 x $718).
HOUSEHOLD INCOME RANGE
Approximately 4,817 of households in this neighborhood have a total annual income of $28,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $718 per month.
MINIMUM INCOME RANGE : $28,720
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.
GROVER Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 5.9% |
Construction | 6.3% |
Health Care & Social Assistance | 6.5% |
Manufacturing | 24.4% |
Retail & Wholesale Trader | 25.0% |
Transportation | 4.9% |
Other | 27.0% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.7% |
15-19 | 9.3% |
20-24 | 4.8% |
25-44 | 25.7% |
45-65 | 25.9% |
66+ | 14.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 5.0% |
Management, Business, & Financial | 13.7% |
Natural Resources Maintenance | 12.2% |
Production & Transportation | 31.2% |
Protect | 5.0% |
Sales & Office | 21.8% |
Other | 11.0% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.3% |
High School | 38.5% |
Masters Degree | 3.7% |
Some College | 25.7% |
Some High School | 17.1% |
Other | 5.6% |
115 Gold St Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CLEVELAND County , or the 28073 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2