Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

13026 Nc Highway 11 N Bethel, NC 27812

3 Beds 2 Baths 1,970 sqft Built 1949
Last updated:  Jan 23, 2020

INVESTimate

$235,886

$222K - $250K

Price Est.

$1,132

$1.0K - $1.2K

Rent Est.

$244,614  ( +3.7%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

13026 Nc Highway 11 N PROPERTY INFO

FACTS
  • Built In 1949
  • Price/Sqft : $119.74
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,970 sqft
  • Baths : 2 Full

13026 Nc Highway 11 N SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EDNA ANDREWS ELEMENTARY SCHOOL Primary Regular 162 12 NA
SOUTH CREEK HIGH SCHOOL High Regular 434 33 NA

EDNA ANDREWS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 162
  • # of teachers: 12
-1
GreatSchools Rating

SOUTH CREEK HIGH SCHOOL

  • Education Level: High
  • # of students: 434
  • # of teachers: 33
-1
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

BETHEL

  • 2,572

    POPULATION
  • 1,096

    HOUSEHOLDS
  • 55.8%

    WHITE COLLAR

Neighborhood : BETHEL

HOUSEHOLDS
1,096
POPULATION

2,572

26.7%Renters
73.3%Home Owners
LABOR FORCE

 

55.8%White Collar
44.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,132 per month.

MY RENT : $1,132 MEDIAN RENT : $938

Rent % Distribution LEVEL
$500-699 10.0%
$700-899 21.7%
$900-999 37.5%
$1,000-1,499 27.5%
>=$1,500 3.3%
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 $1,132 would therefore be considered affordable for annual household incomes greater than $45,280 (12 months x 3.333 x $1,132).

Rent % Affordability
Above $500 73.2%
Above $700 58.5%
Above $1,100 43.0%
Above $1,500 30.5%
Above $1,900 20.6%
HOUSEHOLD INCOME RANGE

Approximately 389 of households in this neighborhood have a total annual income of $45,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,132 per month.

MINIMUM INCOME RANGE : $45,280

Income % Distribution
<$20K 26.8%
$20K-$35K 22.2%
$35K-$60K 20.5%
$60K-$100K 21.5%
>=$100K 9.0%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.1%
5-9 mins 6.1%
10-14 mins 6.6%
15-19 mins 15.1%
20-29 mins 28.7%
30-44 mins 26.2%
45-59 mins 3.7%
>60 mins 8.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 24% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,132 per month.

MY RENT : $1,132 MEDIAN RENT : $938

Rent % Distribution
$500-699 10.0%
$700-899 21.7%
$900-999 37.5%
$1,000-1,499 27.5%
>=$1,500 3.3%
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 $1,132 would therefore be considered affordable for annual household incomes greater than $45,280 (12 months x 3.333 x $1,132).

Rent % Affordability
Above $500 73.2%
Above $700 58.5%
Above $1,100 43.0%
Above $1,500 30.5%
Above $1,900 20.6%
HOUSEHOLD INCOME RANGE

Approximately 389 of households in this neighborhood have a total annual income of $45,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,132 per month.

MINIMUM INCOME RANGE : $45,280

Income % Distribution
<$20K 26.8%
$20K-$35K 22.2%
$35K-$60K 20.5%
$60K-$100K 21.5%
>=$100K 9.0%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.1%
5-9 mins 6.1%
10-14 mins 6.6%
15-19 mins 15.1%
20-29 mins 28.7%
30-44 mins 26.2%
45-59 mins 3.7%
>60 mins 8.5%

BETHEL Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.4%
Construction 7.1%
Educational Services 13.2%
Health Care & Social Assistance 13.0%
Manufacturing 14.6%
Retail & Wholesale Trader 18.3%
Other 27.3%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 24% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 13.2%
15-19 4.4%
20-24 6.2%
25-44 18.5%
45-65 32.9%
66+ 24.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.2%
Construction 6.5%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 16.9%
Production & Transportation 19.3%
Sales & Office 28.1%
Other 13.1%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.0%
High School 30.1%
Masters Degree 3.1%
Some College 21.0%
Some High School 22.3%
Other 14.4%

13026 Nc Highway 11 N Comps

Sorry, we do not have sufficient data available.

13026 Nc Highway 11 N, Bethel, NC 27812 is a single family home of 1,970 sqft. HomeUnion INVESTimateĀ® for 13026 Nc Highway 11 N includes a Price Estimate of $235,886 and a Rent Estimate of $1,132. This single family home has 3 bedrooms,2 bathrooms, and was built in 1949. This property has an estimated 15 year annualized Yield of 5.76% and Total Return of 14.16%. The estimated 1 year forecast in home value for 13026 Nc Highway 11 N is 3.7%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , MARTIN County , or the 27812 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 14459 Nc Highway 11 N
  2. 17225 Nc 42

Nearest zipcodes within 2 miles

  1. 27857
  2. 27840
  3. 27841