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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

168 Cardinal Crest Dr Wallace, NC 28466

3 Beds 0 Baths 2,263 sqft Built 2003
Last updated:  Jan 23, 2020

INVESTimate

$246,345

$232K - $260K

Price Est.

$1,203

$1.1K - $1.4K

Rent Est.

$216,020  ( -12.31%)   1 YR EST. FORECAST
  
  
  

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168 Cardinal Crest Dr PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $108.86
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,263 sqft
  • Baths : 0 Full

168 Cardinal Crest Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALLACE ELEMENTARY SCHOOL Primary Regular 743 45 4
CHARITY MIDDLE SCHOOL Middle Regular 519 30 4
WALLACE ROSE HILL HIGH SCHOOL High Regular 549 41 3

WALLACE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 743
  • # of teachers: 45
4
GreatSchools Rating

CHARITY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 519
  • # of teachers: 30
4
GreatSchools Rating

WALLACE ROSE HILL HIGH SCHOOL

  • Education Level: High
  • # of students: 549
  • # of teachers: 41
3
GreatSchools Rating
 

Financial Details

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Neighborhood

River Landing

  • 697

    POPULATION
  • 308

    HOUSEHOLDS
  • 52.3%

    WHITE COLLAR

Neighborhood : River Landing

HOUSEHOLDS
308
POPULATION

697

22.0%Renters
78.0%Home Owners
LABOR FORCE

 

52.3%White Collar
47.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,203 per month.

MY RENT : $1,203 MEDIAN RENT : $1,293

Rent % Distribution LEVEL
$500-699 1.4%
$700-899 5.1%
$900-999 8.3%
$1,000-1,499 77.0%
>=$1,500 8.3%
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 $1,203 would therefore be considered affordable for annual household incomes greater than $48,120 (12 months x 3.333 x $1,203).

Rent % Affordability
Above $500 84.6%
Above $700 65.9%
Above $1,100 56.5%
Above $1,500 43.1%
Above $1,900 37.9%
HOUSEHOLD INCOME RANGE

Approximately 142 of households in this neighborhood have a total annual income of $48,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,203 per month.

MINIMUM INCOME RANGE : $48,120

Income % Distribution
<$20K 15.4%
$20K-$35K 24.8%
$35K-$60K 16.7%
$60K-$100K 20.3%
>=$100K 22.9%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.4%
5-9 mins 8.7%
10-14 mins 11.9%
15-19 mins 11.2%
20-29 mins 15.0%
30-44 mins 14.3%
45-59 mins 1.7%
>60 mins 28.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,203 per month.

MY RENT : $1,203 MEDIAN RENT : $1,293

Rent % Distribution
$500-699 1.4%
$700-899 5.1%
$900-999 8.3%
$1,000-1,499 77.0%
>=$1,500 8.3%
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 $1,203 would therefore be considered affordable for annual household incomes greater than $48,120 (12 months x 3.333 x $1,203).

Rent % Affordability
Above $500 84.6%
Above $700 65.9%
Above $1,100 56.5%
Above $1,500 43.1%
Above $1,900 37.9%
HOUSEHOLD INCOME RANGE

Approximately 142 of households in this neighborhood have a total annual income of $48,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,203 per month.

MINIMUM INCOME RANGE : $48,120

Income % Distribution
<$20K 15.4%
$20K-$35K 24.8%
$35K-$60K 16.7%
$60K-$100K 20.3%
>=$100K 22.9%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.4%
5-9 mins 8.7%
10-14 mins 11.9%
15-19 mins 11.2%
20-29 mins 15.0%
30-44 mins 14.3%
45-59 mins 1.7%
>60 mins 28.7%

River Landing Demographics

INDUSTRY

Industry % Distribution
Construction 27.4%
Educational Services 6.4%
Financial Industries 7.1%
Health Care & Social Assistance 9.3%
Manufacturing 13.9%
Retail & Wholesale Trader 14.2%
Other 21.7%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 22% is 24 or younger and 27% is 65 or older.

Age % Distribution
<15 11.5%
15-19 3.0%
20-24 7.2%
25-44 21.8%
45-65 29.6%
66+ 27.0%
OCCUPATION

Occupation % Distribution
Adesm 5.0%
Management, Business, & Financial 12.7%
Natural Resources Maintenance 28.7%
Production & Transportation 13.8%
Sales & Office 26.5%
Social 5.5%
Other 7.7%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.3%
High School 27.4%
Masters Degree 5.7%
Some College 22.7%
Some High School 13.1%
Other 17.7%

168 Cardinal Crest Dr Comps

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168 Cardinal Crest Dr, Wallace, NC 28466 is a single family home of 2,263 sqft. HomeUnion INVESTimateĀ® for 168 Cardinal Crest Dr includes a Price Estimate of $246,345 and a Rent Estimate of $1,203. This single family home has 3 bedrooms,0 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 5.86% and Total Return of -5.48%. The estimated 1 year forecast in home value for 168 Cardinal Crest Dr is -12.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , DUPLIN County , or the 28466 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 28458
  2. 28398
  3. 28464