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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

19296 Wayah Rd Topton, NC 28781

3 Beds 2 Baths 1,418 sqft Built 1986
Last updated:  Jan 23, 2020

INVESTimate

$229,741

$212K - $247K

Price Est.

$1,258

$1.1K - $1.4K

Rent Est.

$223,193  ( -2.85%)   1 YR EST. FORECAST
  
  
  

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19296 Wayah Rd PROPERTY INFO

FACTS
  • Built In 1986
  • Price/Sqft : $162.02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,418 sqft
  • Baths : 2 Full

19296 Wayah Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MOUNTAIN VIEW INTERMEDIATE SCHOOL Primary Regular 603 41 NA
MACON MIDDLE SCHOOL Middle Regular 592 43 NA
FRANKLIN HIGH SCHOOL High Regular 960 72 NA

MOUNTAIN VIEW INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 603
  • # of teachers: 41
-1
GreatSchools Rating

MACON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 592
  • # of teachers: 43
-1
GreatSchools Rating

FRANKLIN HIGH SCHOOL

  • Education Level: High
  • # of students: 960
  • # of teachers: 72
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

TOPTON

  • 981

    POPULATION
  • 402

    HOUSEHOLDS
  • 31.6%

    WHITE COLLAR

Neighborhood : TOPTON

HOUSEHOLDS
402
POPULATION

981

23.8%Renters
76.2%Home Owners
LABOR FORCE

 

31.6%White Collar
68.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,258 per month.

MY RENT : $1,258 MEDIAN RENT : $1,059

Rent % Distribution LEVEL
$500-699 3.0%
$700-899 28.3%
$900-999 12.0%
$1,000-1,499 36.8%
>=$1,500 20.0%
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 $1,258 would therefore be considered affordable for annual household incomes greater than $50,320 (12 months x 3.333 x $1,258).

Rent % Affordability
Above $500 70.8%
Above $700 62.1%
Above $1,100 44.4%
Above $1,500 35.5%
Above $1,900 34.8%
HOUSEHOLD INCOME RANGE

Approximately 149 of households in this neighborhood have a total annual income of $50,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,258 per month.

MINIMUM INCOME RANGE : $50,320

Income % Distribution
<$20K 29.2%
$20K-$35K 22.9%
$35K-$60K 12.3%
$60K-$100K 18.1%
>=$100K 17.4%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 5.3%
10-14 mins 13.2%
15-19 mins 0.2%
20-29 mins 28.5%
30-44 mins 9.1%
45-59 mins 17.0%
>60 mins 20.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,258 per month.

MY RENT : $1,258 MEDIAN RENT : $1,059

Rent % Distribution
$500-699 3.0%
$700-899 28.3%
$900-999 12.0%
$1,000-1,499 36.8%
>=$1,500 20.0%
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 $1,258 would therefore be considered affordable for annual household incomes greater than $50,320 (12 months x 3.333 x $1,258).

Rent % Affordability
Above $500 70.8%
Above $700 62.1%
Above $1,100 44.4%
Above $1,500 35.5%
Above $1,900 34.8%
HOUSEHOLD INCOME RANGE

Approximately 149 of households in this neighborhood have a total annual income of $50,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,258 per month.

MINIMUM INCOME RANGE : $50,320

Income % Distribution
<$20K 29.2%
$20K-$35K 22.9%
$35K-$60K 12.3%
$60K-$100K 18.1%
>=$100K 17.4%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 5.3%
10-14 mins 13.2%
15-19 mins 0.2%
20-29 mins 28.5%
30-44 mins 9.1%
45-59 mins 17.0%
>60 mins 20.1%

TOPTON Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.7%
Construction 11.1%
Educational Services 14.6%
Financial Industries 5.9%
Manufacturing 15.9%
Retail & Wholesale Trader 20.7%
Other 16.1%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 25% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 14.9%
15-19 3.7%
20-24 6.4%
25-44 26.6%
45-65 27.4%
66+ 21.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.1%
Construction 7.2%
Education 13.8%
Natural Resources Maintenance 11.8%
Production & Transportation 36.4%
Sales & Office 20.0%
Other 6.7%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.3%
High School 31.4%
Masters Degree 1.1%
Some College 21.8%
Some High School 8.5%
Other 21.9%

19296 Wayah Rd Comps

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19296 Wayah Rd, Topton, NC 28781 is a single family home of 1,418 sqft. HomeUnion INVESTimateĀ® for 19296 Wayah Rd includes a Price Estimate of $229,741 and a Rent Estimate of $1,258. This single family home has 3 bedrooms,2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 6.57% and Total Return of 8.17%. The estimated 1 year forecast in home value for 19296 Wayah Rd is -2.85%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , MACON County , or the 28781 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 28734
  2. 28741
  3. 28775