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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

1171 Sunset Ave Jamesville, NC 27846

3 Beds 1 Baths 1,280 sqft Built 1937
Last updated:  Jan 23, 2020

INVESTimate

$51,256

$48.3K - $54.3K

Price Est.

$810

707 - 913

Rent Est.

$51,804  ( +1.07%)   1 YR EST. FORECAST
  
  
  

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1171 Sunset Ave PROPERTY INFO

FACTS
  • Built In 1937
  • Price/Sqft : $40.04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,280 sqft
  • Baths : 1 Full

1171 Sunset Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JAMESVILLE ELEMENTARY SCHOOL Primary Regular 261 17 NA
JAMESVILLE MIDDLE SCHOOL Middle Regular 122 8 NA
WILLIAMSTON HIGH SCHOOL High Regular 596 40 NA

JAMESVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 261
  • # of teachers: 17
-1
GreatSchools Rating

JAMESVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 122
  • # of teachers: 8
-1
GreatSchools Rating

WILLIAMSTON HIGH SCHOOL

  • Education Level: High
  • # of students: 596
  • # of teachers: 40
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

JAMESVILLE

  • 3,263

    POPULATION
  • 1,309

    HOUSEHOLDS
  • 53.7%

    WHITE COLLAR

Neighborhood : JAMESVILLE

HOUSEHOLDS
1,309
POPULATION

3,263

22.2%Renters
77.8%Home Owners
LABOR FORCE

 

53.7%White Collar
46.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $810 per month.

MY RENT : $810 MEDIAN RENT : $802

Rent % Distribution LEVEL
$500-699 23.2%
$700-899 44.5%
$900-999 10.9%
$1,000-1,499 20.1%
>=$1,500 1.3%
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 $810 would therefore be considered affordable for annual household incomes greater than $32,400 (12 months x 3.333 x $810).

Rent % Affordability
Above $500 79.0%
Above $700 69.0%
Above $1,100 53.0%
Above $1,500 44.0%
Above $1,900 25.1%
HOUSEHOLD INCOME RANGE

Approximately 2,940 of households in this neighborhood have a total annual income of $32,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $810 per month.

MINIMUM INCOME RANGE : $32,400

Income % Distribution
<$20K 21.0%
$20K-$35K 18.0%
$35K-$60K 17.0%
$60K-$100K 32.8%
>=$100K 11.2%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 6.1%
10-14 mins 14.9%
15-19 mins 20.8%
20-29 mins 16.1%
30-44 mins 23.1%
45-59 mins 5.4%
>60 mins 9.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $810 per month.

MY RENT : $810 MEDIAN RENT : $802

Rent % Distribution
$500-699 23.2%
$700-899 44.5%
$900-999 10.9%
$1,000-1,499 20.1%
>=$1,500 1.3%
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 $810 would therefore be considered affordable for annual household incomes greater than $32,400 (12 months x 3.333 x $810).

Rent % Affordability
Above $500 79.0%
Above $700 69.0%
Above $1,100 53.0%
Above $1,500 44.0%
Above $1,900 25.1%
HOUSEHOLD INCOME RANGE

Approximately 2,940 of households in this neighborhood have a total annual income of $32,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $810 per month.

MINIMUM INCOME RANGE : $32,400

Income % Distribution
<$20K 21.0%
$20K-$35K 18.0%
$35K-$60K 17.0%
$60K-$100K 32.8%
>=$100K 11.2%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 6.1%
10-14 mins 14.9%
15-19 mins 20.8%
20-29 mins 16.1%
30-44 mins 23.1%
45-59 mins 5.4%
>60 mins 9.7%

JAMESVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.5%
Educational Services 11.4%
Health Care & Social Assistance 13.0%
Manufacturing 15.6%
Public Administration 6.1%
Retail & Wholesale Trader 16.2%
Other 26.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 20.1%
15-19 5.7%
20-24 3.3%
25-44 20.4%
45-65 31.7%
66+ 18.7%
OCCUPATION

Occupation % Distribution
Construction 10.5%
Healthcare 10.0%
Management, Business, & Financial 12.3%
Natural Resources Maintenance 20.0%
Production & Transportation 17.2%
Sales & Office 14.7%
Other 15.4%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.7%
High School 32.8%
Masters Degree 3.4%
Some College 26.1%
Some High School 9.5%
Other 16.6%

1171 Sunset Ave Comps

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1171 Sunset Ave, Jamesville, NC 27846 is a single family home of 1,280 sqft. HomeUnion INVESTimateĀ® for 1171 Sunset Ave includes a Price Estimate of $51,256 and a Rent Estimate of $810. This single family home has 3 bedrooms,1 bathrooms, and was built in 1937. This property has an estimated 15 year annualized Yield of 18.96% and Total Return of 24.41%. The estimated 1 year forecast in home value for 1171 Sunset Ave is 1.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , MARTIN County , or the 27846 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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