Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

205 Latham Ave Plymouth, NC 27962

0 Beds 1 Baths 1,040 sqft Built 1964
Last updated:  Jan 23, 2020

INVESTimate

$56,972

$53.6K - $60.3K

Price Est.

$589

514 - 664

Rent Est.

$59,371  ( +4.21%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1924 Upland Drive Houston, TX
    • 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units 3 beds 2 baths ∙ 2,652 Sqft ∙ Built 1980 ∙ 2units
    AVAILABLE
    • 14.40% GROSS YIELD
    • $12,143 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,400

205 Latham Ave PROPERTY INFO

FACTS
  • Built In 1964
  • Price/Sqft : $54.78
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,040 sqft
  • Baths : 1 Full

205 Latham Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PINES ELEMENTARY SCHOOL Primary Regular 602 36 NA
WASHINGTON COUNTY UNION MIDDLE SCHOOL Middle Regular 440 31 NA
PLYMOUTH HIGH SCHOOL High Regular 460 33 NA

PINES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 602
  • # of teachers: 36
-1
GreatSchools Rating

WASHINGTON COUNTY UNION MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 440
  • # of teachers: 31
-1
GreatSchools Rating

PLYMOUTH HIGH SCHOOL

  • Education Level: High
  • # of students: 460
  • # of teachers: 33
-1
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

PLYMOUTH

  • 7,581

    POPULATION
  • 3,151

    HOUSEHOLDS
  • 36.7%

    WHITE COLLAR

Neighborhood : PLYMOUTH

HOUSEHOLDS
3,151
POPULATION

7,581

45.1%Renters
54.9%Home Owners
LABOR FORCE

 

36.7%White Collar
63.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $589 per month.

MY RENT : $589 MEDIAN RENT : $721

Rent % Distribution LEVEL
$400-699 45.4%
$700-899 34.6%
$900-999 8.7%
$1,000-1,499 11.2%
>=$1,500 0.2%
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 $589 would therefore be considered affordable for annual household incomes greater than $23,560 (12 months x 3.333 x $589).

Rent % Affordability
Above $500 64.9%
Above $700 56.3%
Above $1,100 41.9%
Above $1,500 29.8%
Above $1,900 17.0%
HOUSEHOLD INCOME RANGE

Approximately 5,667 of households in this neighborhood have a total annual income of $23,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $589 per month.

MINIMUM INCOME RANGE : $23,560

Income % Distribution
<$20K 35.1%
$20K-$35K 13.8%
$35K-$60K 21.3%
$60K-$100K 23.1%
>=$100K 6.7%
COMMUTE TIME DISTRIBUTION

25% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 24.4%
10-14 mins 20.0%
15-19 mins 16.5%
20-29 mins 4.4%
30-44 mins 3.6%
45-59 mins 15.8%
>60 mins 10.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $589 per month.

MY RENT : $589 MEDIAN RENT : $721

Rent % Distribution
$400-699 45.4%
$700-899 34.6%
$900-999 8.7%
$1,000-1,499 11.2%
>=$1,500 0.2%
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 $589 would therefore be considered affordable for annual household incomes greater than $23,560 (12 months x 3.333 x $589).

Rent % Affordability
Above $500 64.9%
Above $700 56.3%
Above $1,100 41.9%
Above $1,500 29.8%
Above $1,900 17.0%
HOUSEHOLD INCOME RANGE

Approximately 5,667 of households in this neighborhood have a total annual income of $23,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $589 per month.

MINIMUM INCOME RANGE : $23,560

Income % Distribution
<$20K 35.1%
$20K-$35K 13.8%
$35K-$60K 21.3%
$60K-$100K 23.1%
>=$100K 6.7%
COMMUTE TIME DISTRIBUTION

25% of the working population has a commute time of 15 to 44 minutes, 49% has a commute time of 14 minutes or less and 26% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 24.4%
10-14 mins 20.0%
15-19 mins 16.5%
20-29 mins 4.4%
30-44 mins 3.6%
45-59 mins 15.8%
>60 mins 10.5%

PLYMOUTH Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.9%
Construction 5.7%
Health Care & Social Assistance 8.5%
Manufacturing 25.9%
Retail & Wholesale Trader 16.5%
Transportation 7.2%
Other 24.2%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 31% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 17.2%
15-19 6.3%
20-24 7.3%
25-44 21.9%
45-65 26.7%
66+ 20.6%
OCCUPATION

Occupation % Distribution
Clean 7.3%
Healthcare 4.7%
Management, Business, & Financial 8.8%
Natural Resources Maintenance 14.5%
Production & Transportation 24.6%
Sales & Office 24.1%
Other 16.1%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.1%
High School 34.9%
Masters Degree 2.0%
Some College 23.0%
Some High School 22.2%
Other 7.7%

205 Latham Ave Comps

Sorry, we do not have sufficient data available.

205 Latham Ave, Plymouth, NC 27962 is a single family home of 1,040 sqft. HomeUnion INVESTimateĀ® for 205 Latham Ave includes a Price Estimate of $56,972 and a Rent Estimate of $589. This single family home has 0 bedrooms,1 bathrooms, and was built in 1964. This property has an estimated 15 year annualized Yield of 12.41% and Total Return of 21.83%. The estimated 1 year forecast in home value for 205 Latham Ave is 4.21%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , WASHINGTON County , or the 27962 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 27928