Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

1412 Black Ankle Rd Star, NC 27356

3 Beds 3 Baths 1,736 sqft Built 1978
Last updated:  Jan 23, 2020

INVESTimate

$112,201

$102K - $122K

Price Est.

$991

866 - $1.1K

Rent Est.

$132,072  ( +17.71%)   1 YR EST. FORECAST

1412 Black Ankle Rd PROPERTY INFO

FACTS
  • Built In 1978
  • Price/Sqft : $64.63
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,736 sqft
  • Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
1412 Black Ankle Rd, Star, NC 27356 is a single family home of 1,736 sqft. HomeUnion estimate for 1412 Black Ankle Rd includes a Price Estimate of $112,201 and a Rent Estimate of $991. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 10.60% and Total Return of 50.67%. The estimated 1 year forecast in home value for 1412 Black Ankle Rd is 17.71%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 2942 WALNUT SPRINGS DRIVE Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930

1412 Black Ankle Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MOUNT GILEAD ELEMENTARY SCHOOL Primary Regular 365 22 NA
EAST MIDDLE SCHOOL Middle Regular 530 31 NA
EAST MONTGOMERY HIGH SCHOOL High Regular 590 41 NA

MOUNT GILEAD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 365
  • # of teachers: 22
-1
GreatSchools Rating

EAST MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 530
  • # of teachers: 31
-1
GreatSchools Rating

EAST MONTGOMERY HIGH SCHOOL

  • Education Level: High
  • # of students: 590
  • # of teachers: 41
-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

STAR

  • 3,113

    POPULATION
  • 1,304

    HOUSEHOLDS
  • 41.6%

    WHITE COLLAR

Neighborhood : STAR

HOUSEHOLDS
1,304
POPULATION

3,113

32.4%Renters
67.6%Home Owners
LABOR FORCE

 

41.6%White Collar
58.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 13% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $991 per month.

MY RENT : $991 MEDIAN RENT : $756

Rent % Distribution LEVEL
$500-699 23.8%
$700-899 58.2%
$900-999 6.0%
$1,000-1,499 10.9%
>=$1,500 1.1%
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 $991 would therefore be considered affordable for annual household incomes greater than $39,640 (12 months x 3.333 x $991).

Rent % Affordability
Above $500 74.1%
Above $700 55.9%
Above $1,100 44.5%
Above $1,500 33.4%
Above $1,900 22.3%
HOUSEHOLD INCOME RANGE

Approximately 502 of households in this neighborhood have a total annual income of $39,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $991 per month.

MINIMUM INCOME RANGE : $39,640

Income % Distribution
<$20K 25.9%
$20K-$35K 25.6%
$35K-$60K 15.2%
$60K-$100K 20.3%
>=$100K 13.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 4.4%
10-14 mins 21.9%
15-19 mins 14.8%
20-29 mins 22.4%
30-44 mins 17.4%
45-59 mins 8.6%
>60 mins 2.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 13% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $991 per month.

MY RENT : $991 MEDIAN RENT : $756

Rent % Distribution
$500-699 23.8%
$700-899 58.2%
$900-999 6.0%
$1,000-1,499 10.9%
>=$1,500 1.1%
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 $991 would therefore be considered affordable for annual household incomes greater than $39,640 (12 months x 3.333 x $991).

Rent % Affordability
Above $500 74.1%
Above $700 55.9%
Above $1,100 44.5%
Above $1,500 33.4%
Above $1,900 22.3%
HOUSEHOLD INCOME RANGE

Approximately 502 of households in this neighborhood have a total annual income of $39,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $991 per month.

MINIMUM INCOME RANGE : $39,640

Income % Distribution
<$20K 25.9%
$20K-$35K 25.6%
$35K-$60K 15.2%
$60K-$100K 20.3%
>=$100K 13.0%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.6%
5-9 mins 4.4%
10-14 mins 21.9%
15-19 mins 14.8%
20-29 mins 22.4%
30-44 mins 17.4%
45-59 mins 8.6%
>60 mins 2.9%

STAR Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Construction 8.1%
Educational Services 7.8%
Health Care & Social Assistance 14.0%
Manufacturing 27.3%
Retail & Wholesale Trader 7.1%
Other 27.3%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 29% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 14.2%
15-19 8.2%
20-24 6.2%
25-44 26.0%
45-65 28.5%
66+ 16.9%
OCCUPATION

Occupation % Distribution
Clean 8.7%
Healthcare 11.3%
Management, Business, & Financial 12.0%
Natural Resources Maintenance 17.7%
Production & Transportation 23.3%
Sales & Office 14.2%
Other 12.8%
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 13.5%
High School 35.0%
Masters Degree 2.5%
Some College 15.8%
Some High School 25.8%
Other 7.5%

1412 Black Ankle Rd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , MONTGOMERY County , or the 27356 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 508 Little Rock Dr
  2. 111 Beane Country Rd

Nearest zipcodes within 2 miles

  1. 27205
  2. 27341