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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

162 Bald Mountain Rd West Jefferson, NC 28694

0 Beds 0 Baths 1,107 sqft Built 2008
Last updated:  Nov 28, 2019

INVESTimate

$221,549

$199K - $244K

Price Est.

$954

833 - $1.1K

Rent Est.

$231,718  ( +4.59%)   1 YR EST. FORECAST
  
  
  

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162 Bald Mountain Rd PROPERTY INFO

FACTS
  • Built In 2008
  • Price/Sqft : $200.13
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,107 sqft
  • Baths : 0 Full

162 Bald Mountain Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ASHE COUNTY HIGH SCHOOL High Regular 905 65 6

ASHE COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 905
  • # of teachers: 65
6
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

Eau Claire

  • 38

    POPULATION
  • 14

    HOUSEHOLDS
  • 53.5%

    WHITE COLLAR

Neighborhood : Eau Claire

HOUSEHOLDS
14
POPULATION

38

22.2%Renters
77.8%Home Owners
LABOR FORCE

 

53.5%White Collar
46.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $954 per month.

MY RENT : $954 MEDIAN RENT : $968

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 8.9%
$900-999 84.4%
$1,000-1,499 6.7%
>=$1,500 0.0%
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 $954 would therefore be considered affordable for annual household incomes greater than $38,160 (12 months x 3.333 x $954).

Rent % Affordability
Above $500 72.7%
Above $700 49.1%
Above $1,100 29.1%
Above $1,500 18.2%
Above $1,900 17.8%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $38,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $954 per month.

MINIMUM INCOME RANGE : $38,160

Income % Distribution
<$20K 27.3%
$20K-$35K 36.4%
$35K-$60K 18.2%
$60K-$100K 9.1%
>=$100K 9.1%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.7%
10-14 mins 7.7%
15-19 mins 15.4%
20-29 mins 15.4%
30-44 mins 23.1%
45-59 mins 15.4%
>60 mins 15.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $954 per month.

MY RENT : $954 MEDIAN RENT : $968

Rent % Distribution
$500-699 0.0%
$700-899 8.9%
$900-999 84.4%
$1,000-1,499 6.7%
>=$1,500 0.0%
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 $954 would therefore be considered affordable for annual household incomes greater than $38,160 (12 months x 3.333 x $954).

Rent % Affordability
Above $500 72.7%
Above $700 49.1%
Above $1,100 29.1%
Above $1,500 18.2%
Above $1,900 17.8%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $38,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $954 per month.

MINIMUM INCOME RANGE : $38,160

Income % Distribution
<$20K 27.3%
$20K-$35K 36.4%
$35K-$60K 18.2%
$60K-$100K 9.1%
>=$100K 9.1%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 7.7%
10-14 mins 7.7%
15-19 mins 15.4%
20-29 mins 15.4%
30-44 mins 23.1%
45-59 mins 15.4%
>60 mins 15.4%

Eau Claire Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 6.7%
Arts & Entertainment 6.7%
Construction 13.3%
Financial Industries 13.3%
Health Care & Social Assistance 26.7%
Manufacturing 26.7%
Other 6.7%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 18% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 13.2%
15-19 2.6%
20-24 2.6%
25-44 23.7%
45-65 28.9%
66+ 28.9%
OCCUPATION

Occupation % Distribution
Clean 10.0%
Healthcare 30.0%
Management, Business, & Financial 10.0%
PCare 10.0%
Production & Transportation 30.0%
Sales & Office 10.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 33.3%
Masters Degree 7.4%
Some College 25.9%
Some High School 7.4%
Other 18.5%

162 Bald Mountain Rd Comps

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162 Bald Mountain Rd, West Jefferson, NC 28694 is a single family home of 1,107 sqft. HomeUnion INVESTimateĀ® for 162 Bald Mountain Rd includes a Price Estimate of $221,549 and a Rent Estimate of $954. This single family home has 0 bedrooms,0 bathrooms, and was built in 2008. This property has an estimated 15 year annualized Yield of 5.17% and Total Return of 14.80%. The estimated 1 year forecast in home value for 162 Bald Mountain Rd is 4.59%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , ASHE County , or the 28694 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 28626
  2. 28684
  3. 28698
  4. 28693
  5. 28631