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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

145 Quail Ridge Rd Henrico, NC 27842

0 Beds 2 Baths 2,156 sqft Built 2000
Last updated:  Nov 28, 2019

INVESTimate

$48,988

$46.2K - $51.8K

Price Est.

$1,536

$1.3K - $1.7K

Rent Est.

$50,443  ( +2.97%)   1 YR EST. FORECAST
  
  
  

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145 Quail Ridge Rd PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $22.72
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,156 sqft
  • Baths : 2 Full

145 Quail Ridge Rd SCHOOLS

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Financial Details

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Neighborhood

HENRICO

  • 1,406

    POPULATION
  • 720

    HOUSEHOLDS
  • 83.8%

    WHITE COLLAR

Neighborhood : HENRICO

HOUSEHOLDS
720
POPULATION

1,406

17.9%Renters
82.1%Home Owners
LABOR FORCE

 

83.8%White Collar
16.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,536 per month.

MY RENT : $1,536 MEDIAN RENT : $1,391

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.3%
$900-999 3.7%
$1,000-1,499 60.1%
>=$1,500 35.0%
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 $1,536 would therefore be considered affordable for annual household incomes greater than $61,440 (12 months x 3.333 x $1,536).

Rent % Affordability
Above $500 77.2%
Above $700 70.0%
Above $1,100 53.2%
Above $1,500 41.2%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $61,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,536 per month.

MINIMUM INCOME RANGE : $61,440

Income % Distribution
<$20K 22.8%
$20K-$35K 16.2%
$35K-$60K 19.8%
$60K-$100K 22.0%
>=$100K 19.2%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 9.0%
10-14 mins 14.4%
15-19 mins 4.2%
20-29 mins 12.7%
30-44 mins 27.4%
45-59 mins 12.4%
>60 mins 16.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,536 per month.

MY RENT : $1,536 MEDIAN RENT : $1,391

Rent % Distribution
$500-699 0.0%
$700-899 1.3%
$900-999 3.7%
$1,000-1,499 60.1%
>=$1,500 35.0%
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 $1,536 would therefore be considered affordable for annual household incomes greater than $61,440 (12 months x 3.333 x $1,536).

Rent % Affordability
Above $500 77.2%
Above $700 70.0%
Above $1,100 53.2%
Above $1,500 41.2%
Above $1,900 32.5%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $61,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,536 per month.

MINIMUM INCOME RANGE : $61,440

Income % Distribution
<$20K 22.8%
$20K-$35K 16.2%
$35K-$60K 19.8%
$60K-$100K 22.0%
>=$100K 19.2%
COMMUTE TIME DISTRIBUTION

44% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.7%
5-9 mins 9.0%
10-14 mins 14.4%
15-19 mins 4.2%
20-29 mins 12.7%
30-44 mins 27.4%
45-59 mins 12.4%
>60 mins 16.1%

HENRICO Demographics

INDUSTRY

Industry % Distribution
Construction 10.7%
Educational Services 10.5%
Health Care & Social Assistance 18.3%
Professional & Scientific Tech Services 7.3%
Public Administration 11.3%
Retail & Wholesale Trader 12.3%
Other 29.6%
AGE DISTRIBUTION

41% of the population is between the ages of 25 and 64, 13% is 24 or younger and 46% is 65 or older.

Age % Distribution
<15 11.4%
15-19 0.8%
20-24 1.1%
25-44 13.4%
45-65 27.7%
66+ 45.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.7%
Healthcare 15.3%
Management, Business, & Financial 41.5%
Natural Resources Maintenance 5.2%
Protect 5.7%
Sales & Office 17.9%
Other 8.7%
HIGHEST EDUCATION LEVEL

24% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.0%
High School 22.7%
Masters Degree 10.9%
Some College 26.1%
Some High School 11.8%
Other 17.6%

145 Quail Ridge Rd Comps

Sorry, we do not have sufficient data available.

145 Quail Ridge Rd, Henrico, NC 27842 is a single family home of 2,156 sqft. HomeUnion INVESTimateĀ® for 145 Quail Ridge Rd includes a Price Estimate of $48,988 and a Rent Estimate of $1,536. This single family home has 0 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 37.63% and Total Return of 48.24%. The estimated 1 year forecast in home value for 145 Quail Ridge Rd is 2.97%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , WARREN County , or the 27842 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 27850
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  5. 27589
  6. 27869