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

1404 Jericho Rd Walker, WV 26180

3 Beds 3 Baths 1,776 sqft Built 1991
Last updated:  Jan 23, 2020

INVESTimate

$272,172

$249K - $295K

Price Est.

$1,060

951 - $1.2K

Rent Est.

$276,173  ( +1.47%)   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

1404 Jericho Rd PROPERTY INFO

FACTS
  • Built In 1991
  • Price/Sqft : $153.25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,776 sqft
  • Baths : 2 Full 1 Half

1404 Jericho Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JEFFERSON ELEMENTARY SCHOOL Primary Regular 476 47 NA
HAMILTON MIDDLE SCHOOL Middle Regular 616 35 NA
PARKERSBURG HIGH SCHOOL High Regular 1,829 105 NA

JEFFERSON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 476
  • # of teachers: 47
-1
GreatSchools Rating

HAMILTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 616
  • # of teachers: 35
-1
GreatSchools Rating

PARKERSBURG HIGH SCHOOL

  • Education Level: High
  • # of students: 1,829
  • # of teachers: 105
-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

WALKER

  • 2,591

    POPULATION
  • 1,056

    HOUSEHOLDS
  • 52.2%

    WHITE COLLAR

Neighborhood : WALKER

HOUSEHOLDS
1,056
POPULATION

2,591

13.7%Renters
86.3%Home Owners
LABOR FORCE

 

52.2%White Collar
47.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,060 per month.

MY RENT : $1,060 MEDIAN RENT : $857

Rent % Distribution LEVEL
$500-699 11.7%
$700-899 48.0%
$900-999 11.6%
$1,000-1,499 21.7%
>=$1,500 7.0%
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 $1,060 would therefore be considered affordable for annual household incomes greater than $42,400 (12 months x 3.333 x $1,060).

Rent % Affordability
Above $500 82.4%
Above $700 67.7%
Above $1,100 46.0%
Above $1,500 33.1%
Above $1,900 21.3%
HOUSEHOLD INCOME RANGE

Approximately 435 of households in this neighborhood have a total annual income of $42,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,060 per month.

MINIMUM INCOME RANGE : $42,400

Income % Distribution
<$20K 17.6%
$20K-$35K 22.1%
$35K-$60K 27.3%
$60K-$100K 19.0%
>=$100K 14.1%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.1%
5-9 mins 4.9%
10-14 mins 3.6%
15-19 mins 9.4%
20-29 mins 44.3%
30-44 mins 23.4%
45-59 mins 9.0%
>60 mins 5.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,060 per month.

MY RENT : $1,060 MEDIAN RENT : $857

Rent % Distribution
$500-699 11.7%
$700-899 48.0%
$900-999 11.6%
$1,000-1,499 21.7%
>=$1,500 7.0%
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 $1,060 would therefore be considered affordable for annual household incomes greater than $42,400 (12 months x 3.333 x $1,060).

Rent % Affordability
Above $500 82.4%
Above $700 67.7%
Above $1,100 46.0%
Above $1,500 33.1%
Above $1,900 21.3%
HOUSEHOLD INCOME RANGE

Approximately 435 of households in this neighborhood have a total annual income of $42,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,060 per month.

MINIMUM INCOME RANGE : $42,400

Income % Distribution
<$20K 17.6%
$20K-$35K 22.1%
$35K-$60K 27.3%
$60K-$100K 19.0%
>=$100K 14.1%
COMMUTE TIME DISTRIBUTION

77% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.1%
5-9 mins 4.9%
10-14 mins 3.6%
15-19 mins 9.4%
20-29 mins 44.3%
30-44 mins 23.4%
45-59 mins 9.0%
>60 mins 5.4%

WALKER Demographics

INDUSTRY

Industry % Distribution
Construction 12.4%
Educational Services 6.7%
Health Care & Social Assistance 14.2%
Manufacturing 9.2%
Retail & Wholesale Trader 24.3%
Transportation 9.7%
Other 23.4%
AGE DISTRIBUTION

60% of the population is between the ages of 25 and 64, 25% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 10.1%
15-19 10.4%
20-24 4.1%
25-44 18.6%
45-65 41.0%
66+ 15.8%
OCCUPATION

Occupation % Distribution
Clean 4.7%
Healthcare 7.8%
Management, Business, & Financial 20.1%
Natural Resources Maintenance 18.8%
Production & Transportation 19.1%
Sales & Office 14.9%
Other 14.7%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.3%
High School 43.4%
Masters Degree 3.3%
Some College 19.3%
Some High School 15.1%
Other 11.6%

1404 Jericho Rd Comps

Sorry, we do not have sufficient data available.

1404 Jericho Rd, Walker, WV 26180 is a single family home of 1,776 sqft. HomeUnion INVESTimateĀ® for 1404 Jericho Rd includes a Price Estimate of $272,172 and a Rent Estimate of $1,060. This single family home has 3 bedrooms,3 bathrooms, and was built in 1991. This property has an estimated 15 year annualized Yield of 4.67% and Total Return of 7.58%. The estimated 1 year forecast in home value for 1404 Jericho Rd is 1.47%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , WOOD County , or the 26180 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 26184