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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

188 Tanglewood Dr West Jefferson, NC 28694

0 Beds 0 Baths 975 sqft Built 1973
Last updated:  Jan 23, 2020

INVESTimate

$133,896

$120K - $147K

Price Est.

$886

774 - 998

Rent Est.

$140,042  ( +4.59%)   1 YR EST. FORECAST
  
  
  

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188 Tanglewood Dr PROPERTY INFO

FACTS
  • Built In 1973
  • Price/Sqft : $137.33
CONSTRUCTION
  • Beds : 0
  • Floor Size : 975 sqft
  • Baths : 0 Full

188 Tanglewood Dr 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

Blue Ridge Manor-Ashe Lake

  • 78

    POPULATION
  • 45

    HOUSEHOLDS
  • 64.3%

    WHITE COLLAR

Neighborhood : Blue Ridge Manor-Ashe Lake

HOUSEHOLDS
45
POPULATION

78

26.9%Renters
73.1%Home Owners
LABOR FORCE

 

64.3%White Collar
35.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $886 per month.

MY RENT : $886 MEDIAN RENT : $993

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.6%
$900-999 91.2%
$1,000-1,499 3.2%
>=$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 $886 would therefore be considered affordable for annual household incomes greater than $35,440 (12 months x 3.333 x $886).

Rent % Affordability
Above $500 77.3%
Above $700 73.2%
Above $1,100 55.0%
Above $1,500 22.7%
Above $1,900 15.7%
HOUSEHOLD INCOME RANGE

Approximately 18 of households in this neighborhood have a total annual income of $35,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $886 per month.

MINIMUM INCOME RANGE : $35,440

Income % Distribution
<$20K 22.7%
$20K-$35K 9.1%
$35K-$60K 45.5%
$60K-$100K 11.4%
>=$100K 11.4%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 8.8%
15-19 mins 14.7%
20-29 mins 26.5%
30-44 mins 26.5%
45-59 mins 8.8%
>60 mins 14.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $886 per month.

MY RENT : $886 MEDIAN RENT : $993

Rent % Distribution
$500-699 0.0%
$700-899 5.6%
$900-999 91.2%
$1,000-1,499 3.2%
>=$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 $886 would therefore be considered affordable for annual household incomes greater than $35,440 (12 months x 3.333 x $886).

Rent % Affordability
Above $500 77.3%
Above $700 73.2%
Above $1,100 55.0%
Above $1,500 22.7%
Above $1,900 15.7%
HOUSEHOLD INCOME RANGE

Approximately 18 of households in this neighborhood have a total annual income of $35,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $886 per month.

MINIMUM INCOME RANGE : $35,440

Income % Distribution
<$20K 22.7%
$20K-$35K 9.1%
$35K-$60K 45.5%
$60K-$100K 11.4%
>=$100K 11.4%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 8.8%
15-19 mins 14.7%
20-29 mins 26.5%
30-44 mins 26.5%
45-59 mins 8.8%
>60 mins 14.7%

Blue Ridge Manor-Ashe Lake Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.1%
Arts & Entertainment 8.1%
Construction 16.2%
Educational Services 5.4%
Health Care & Social Assistance 16.2%
Retail & Wholesale Trader 16.2%
Other 29.7%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 15% is 24 or younger and 36% is 65 or older.

Age % Distribution
<15 6.4%
15-19 0.0%
20-24 9.0%
25-44 12.8%
45-65 35.9%
66+ 35.9%
OCCUPATION

Occupation % Distribution
Healthcare 9.5%
Management, Business, & Financial 9.5%
Natural Resources Maintenance 19.0%
PCare 4.8%
Sales & Office 42.9%
Social 9.5%
Other 4.8%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.7%
High School 35.7%
Masters Degree 7.1%
Some College 12.9%
Some High School 4.3%
Other 24.3%

188 Tanglewood Dr Comps

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188 Tanglewood Dr, West Jefferson, NC 28694 is a single family home of 975 sqft. HomeUnion INVESTimateĀ® for 188 Tanglewood Dr includes a Price Estimate of $133,896 and a Rent Estimate of $886. This single family home has 0 bedrooms,0 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 7.94% and Total Return of 20.22%. The estimated 1 year forecast in home value for 188 Tanglewood Dr 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

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