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

206 Peartree Ln Peletier, NC 28584

5 Beds 3 Baths 2,052 sqft Built 2000
Last updated:  Nov 28, 2019

INVESTimate

$248,213

$238K - $258K

Price Est.

$1,306

$1.2K - $1.4K

Rent Est.

$252,904  ( +1.89%)   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
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

206 Peartree Ln PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $120.96
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,052 sqft
  • Baths : 3 Full

206 Peartree Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WHITE OAK ELEMENTARY SCHOOL Primary Regular 810 46 8
BROAD CREEK MIDDLE SCHOOL Middle Regular 644 38 9
CROATAN HIGH SCHOOL High Regular 870 53 8

WHITE OAK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 810
  • # of teachers: 46
8
GreatSchools Rating

BROAD CREEK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 644
  • # of teachers: 38
9
GreatSchools Rating

CROATAN HIGH SCHOOL

  • Education Level: High
  • # of students: 870
  • # of teachers: 53
8
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

SWANSBORO

  • 11,967

    POPULATION
  • 4,857

    HOUSEHOLDS
  • 71.1%

    WHITE COLLAR

Neighborhood : SWANSBORO

HOUSEHOLDS
4,857
POPULATION

11,967

28.3%Renters
71.7%Home Owners
LABOR FORCE

 

71.1%White Collar
28.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,306 per month.

MY RENT : $1,306 MEDIAN RENT : $1,280

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 9.3%
$900-999 6.3%
$1,000-1,499 51.3%
>=$1,500 33.0%
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 $1,306 would therefore be considered affordable for annual household incomes greater than $52,240 (12 months x 3.333 x $1,306).

Rent % Affordability
Above $500 85.2%
Above $700 77.8%
Above $1,100 61.3%
Above $1,500 47.7%
Above $1,900 36.3%
HOUSEHOLD INCOME RANGE

Approximately 2,462 of households in this neighborhood have a total annual income of $52,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,306 per month.

MINIMUM INCOME RANGE : $52,240

Income % Distribution
<$20K 14.8%
$20K-$35K 14.7%
$35K-$60K 22.8%
$60K-$100K 22.4%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 10.1%
10-14 mins 13.1%
15-19 mins 10.8%
20-29 mins 20.7%
30-44 mins 27.1%
45-59 mins 7.1%
>60 mins 4.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 53% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,306 per month.

MY RENT : $1,306 MEDIAN RENT : $1,280

Rent % Distribution
$500-699 0.0%
$700-899 9.3%
$900-999 6.3%
$1,000-1,499 51.3%
>=$1,500 33.0%
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 $1,306 would therefore be considered affordable for annual household incomes greater than $52,240 (12 months x 3.333 x $1,306).

Rent % Affordability
Above $500 85.2%
Above $700 77.8%
Above $1,100 61.3%
Above $1,500 47.7%
Above $1,900 36.3%
HOUSEHOLD INCOME RANGE

Approximately 2,462 of households in this neighborhood have a total annual income of $52,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,306 per month.

MINIMUM INCOME RANGE : $52,240

Income % Distribution
<$20K 14.8%
$20K-$35K 14.7%
$35K-$60K 22.8%
$60K-$100K 22.4%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 10.1%
10-14 mins 13.1%
15-19 mins 10.8%
20-29 mins 20.7%
30-44 mins 27.1%
45-59 mins 7.1%
>60 mins 4.6%

SWANSBORO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.5%
Construction 9.8%
Educational Services 10.6%
Health Care & Social Assistance 16.8%
Public Administration 7.0%
Retail & Wholesale Trader 15.1%
Other 28.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 17.6%
15-19 5.9%
20-24 4.9%
25-44 25.0%
45-65 26.8%
66+ 19.8%
OCCUPATION

Occupation % Distribution
Construction 9.7%
Healthcare 11.3%
Management, Business, & Financial 17.7%
Natural Resources Maintenance 9.4%
Production & Transportation 7.4%
Sales & Office 22.8%
Other 21.7%
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 9.7%
High School 25.3%
Masters Degree 9.0%
Some College 28.1%
Some High School 7.0%
Other 20.9%

206 Peartree Ln Comps

Sorry, we do not have sufficient data available.

206 Peartree Ln, Peletier, NC 28584 is a single family home of 2,052 sqft. HomeUnion INVESTimateĀ® for 206 Peartree Ln includes a Price Estimate of $248,213 and a Rent Estimate of $1,306. This single family home has 5 bedrooms,3 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 6.31% and Total Return of 13.46%. The estimated 1 year forecast in home value for 206 Peartree Ln is 1.89%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CARTERET County , or the 28584 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available