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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

218 Turner Rd Eure, NC 27935

2 Beds 2 Baths 1,314 sqft Built 1955
Last updated:  Dec 26, 2019

INVESTimate

$156,516

$147K - $166K

Price Est.

$1,075

939 - $1.2K

Rent Est.

$159,286  ( +1.77%)   1 YR EST. FORECAST
  
  
  

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218 Turner Rd PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $119.11
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,314 sqft
  • Baths : 2 Full

218 Turner Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GATES COUNTY SENIOR HIGH SCHOOL High Regular 573 43 5

GATES COUNTY SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 573
  • # of teachers: 43
5
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

EURE

  • 1,698

    POPULATION
  • 631

    HOUSEHOLDS
  • 58.0%

    WHITE COLLAR

Neighborhood : EURE

HOUSEHOLDS
631
POPULATION

1,698

13.2%Renters
86.8%Home Owners
LABOR FORCE

 

58.0%White Collar
42.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,075 per month.

MY RENT : $1,075 MEDIAN RENT : $1,010

Rent % Distribution LEVEL
$500-699 1.4%
$700-899 32.8%
$900-999 14.6%
$1,000-1,499 49.8%
>=$1,500 1.4%
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 $1,075 would therefore be considered affordable for annual household incomes greater than $43,000 (12 months x 3.333 x $1,075).

Rent % Affordability
Above $500 85.0%
Above $700 81.7%
Above $1,100 65.3%
Above $1,500 56.4%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 383 of households in this neighborhood have a total annual income of $43,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,075 per month.

MINIMUM INCOME RANGE : $43,000

Income % Distribution
<$20K 15.0%
$20K-$35K 14.2%
$35K-$60K 14.4%
$60K-$100K 36.3%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 12.8%
10-14 mins 6.4%
15-19 mins 13.1%
20-29 mins 21.8%
30-44 mins 17.3%
45-59 mins 10.1%
>60 mins 18.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,075 per month.

MY RENT : $1,075 MEDIAN RENT : $1,010

Rent % Distribution
$500-699 1.4%
$700-899 32.8%
$900-999 14.6%
$1,000-1,499 49.8%
>=$1,500 1.4%
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 $1,075 would therefore be considered affordable for annual household incomes greater than $43,000 (12 months x 3.333 x $1,075).

Rent % Affordability
Above $500 85.0%
Above $700 81.7%
Above $1,100 65.3%
Above $1,500 56.4%
Above $1,900 37.2%
HOUSEHOLD INCOME RANGE

Approximately 383 of households in this neighborhood have a total annual income of $43,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,075 per month.

MINIMUM INCOME RANGE : $43,000

Income % Distribution
<$20K 15.0%
$20K-$35K 14.2%
$35K-$60K 14.4%
$60K-$100K 36.3%
>=$100K 20.1%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 12.8%
10-14 mins 6.4%
15-19 mins 13.1%
20-29 mins 21.8%
30-44 mins 17.3%
45-59 mins 10.1%
>60 mins 18.5%

EURE Demographics

INDUSTRY

Industry % Distribution
Construction 7.8%
Educational Services 12.4%
Financial Industries 8.3%
Health Care & Social Assistance 10.7%
Manufacturing 17.3%
Retail & Wholesale Trader 15.2%
Other 28.2%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 17.7%
15-19 7.5%
20-24 7.2%
25-44 17.7%
45-65 34.9%
66+ 15.0%
OCCUPATION

Occupation % Distribution
Construction 4.7%
Healthcare 6.5%
Management, Business, & Financial 20.7%
Natural Resources Maintenance 12.3%
Production & Transportation 19.1%
Sales & Office 23.2%
Other 13.4%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 34.5%
Masters Degree 8.7%
Some College 20.7%
Some High School 14.0%
Other 12.8%

218 Turner Rd Comps

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218 Turner Rd, Eure, NC 27935 is a single family home of 1,314 sqft. HomeUnion INVESTimateĀ® for 218 Turner Rd includes a Price Estimate of $156,516 and a Rent Estimate of $1,075. This single family home has 2 bedrooms,2 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 8.24% and Total Return of 16.35%. The estimated 1 year forecast in home value for 218 Turner Rd is 1.77%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , GATES County , or the 27935 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 27938
  2. 27937