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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

1637 Claybank Rd West Jefferson, NC 28694

0 Beds 0 Baths 1,104 sqft Built 1966
Last updated:  Dec 26, 2019

INVESTimate

$145,903

$131K - $161K

Price Est.

$754

659 - 849

Rent Est.

$152,600  ( +4.59%)   1 YR EST. FORECAST
  
  
  

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1637 Claybank Rd PROPERTY INFO

FACTS
  • Built In 1966
  • Price/Sqft : $132.16
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,104 sqft
  • Baths : 0 Full

1637 Claybank 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

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Neighborhood

WEST JEFFERSON

  • 7,641

    POPULATION
  • 3,539

    HOUSEHOLDS
  • 56.8%

    WHITE COLLAR

Neighborhood : WEST JEFFERSON

HOUSEHOLDS
3,539
POPULATION

7,641

26.3%Renters
73.7%Home Owners
LABOR FORCE

 

56.8%White Collar
43.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $754 per month.

MY RENT : $754 MEDIAN RENT : $879

Rent % Distribution LEVEL
$500-699 2.4%
$700-899 57.6%
$900-999 32.3%
$1,000-1,499 7.2%
>=$1,500 0.4%
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 $754 would therefore be considered affordable for annual household incomes greater than $30,160 (12 months x 3.333 x $754).

Rent % Affordability
Above $500 74.2%
Above $700 64.1%
Above $1,100 47.6%
Above $1,500 34.9%
Above $1,900 24.3%
HOUSEHOLD INCOME RANGE

Approximately 7,899 of households in this neighborhood have a total annual income of $30,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $754 per month.

MINIMUM INCOME RANGE : $30,160

Income % Distribution
<$20K 25.8%
$20K-$35K 18.3%
$35K-$60K 20.9%
$60K-$100K 22.1%
>=$100K 12.9%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 13.4%
10-14 mins 19.7%
15-19 mins 18.2%
20-29 mins 12.9%
30-44 mins 20.2%
45-59 mins 7.6%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $754 per month.

MY RENT : $754 MEDIAN RENT : $879

Rent % Distribution
$500-699 2.4%
$700-899 57.6%
$900-999 32.3%
$1,000-1,499 7.2%
>=$1,500 0.4%
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 $754 would therefore be considered affordable for annual household incomes greater than $30,160 (12 months x 3.333 x $754).

Rent % Affordability
Above $500 74.2%
Above $700 64.1%
Above $1,100 47.6%
Above $1,500 34.9%
Above $1,900 24.3%
HOUSEHOLD INCOME RANGE

Approximately 7,899 of households in this neighborhood have a total annual income of $30,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $754 per month.

MINIMUM INCOME RANGE : $30,160

Income % Distribution
<$20K 25.8%
$20K-$35K 18.3%
$35K-$60K 20.9%
$60K-$100K 22.1%
>=$100K 12.9%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 36% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 13.4%
10-14 mins 19.7%
15-19 mins 18.2%
20-29 mins 12.9%
30-44 mins 20.2%
45-59 mins 7.6%
>60 mins 5.2%

WEST JEFFERSON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.9%
Construction 10.5%
Educational Services 6.0%
Health Care & Social Assistance 17.0%
Manufacturing 11.2%
Retail & Wholesale Trader 12.0%
Other 32.4%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 25% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 16.1%
15-19 4.4%
20-24 4.1%
25-44 22.5%
45-65 30.7%
66+ 22.2%
OCCUPATION

Occupation % Distribution
Clean 6.8%
Healthcare 12.1%
Management, Business, & Financial 15.5%
Natural Resources Maintenance 12.3%
Production & Transportation 13.2%
Sales & Office 21.2%
Other 18.8%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.2%
High School 28.7%
Masters Degree 7.1%
Some College 23.5%
Some High School 12.8%
Other 13.7%

1637 Claybank Rd Comps

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1637 Claybank Rd, West Jefferson, NC 28694 is a single family home of 1,104 sqft. HomeUnion INVESTimateĀ® for 1637 Claybank Rd includes a Price Estimate of $145,903 and a Rent Estimate of $754. This single family home has 0 bedrooms,0 bathrooms, and was built in 1966. This property has an estimated 15 year annualized Yield of 6.20% and Total Return of 16.85%. The estimated 1 year forecast in home value for 1637 Claybank 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. 28693
  2. 28640