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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

2202 Cleveland Ave Grover, NC 28073

0 Beds 0 Baths 962 sqft Built 1962
Last updated:  Jan 23, 2020

INVESTimate

$43,177

$39.1K - $47.2K

Price Est.

$644

574 - 714

Rent Est.

$43,794  ( +1.43%)   1 YR EST. FORECAST
  
  
  

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2202 Cleveland Ave PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $44.88
CONSTRUCTION
  • Beds : 0
  • Floor Size : 962 sqft
  • Baths : 0 Full

2202 Cleveland Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TOWNSHIP THREE ELEMENTARY SCHOOL Primary Regular 757 45 5
CREST MIDDLE SCHOOL Middle Regular 988 63 6
CREST HIGH SCHOOL High Regular 1,213 83 5

TOWNSHIP THREE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 757
  • # of teachers: 45
5
GreatSchools Rating

CREST MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 988
  • # of teachers: 63
6
GreatSchools Rating

CREST HIGH SCHOOL

  • Education Level: High
  • # of students: 1,213
  • # of teachers: 83
5
GreatSchools Rating
 

Financial Details

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Neighborhood

GROVER

  • 5,368

    POPULATION
  • 1,933

    HOUSEHOLDS
  • 46.4%

    WHITE COLLAR

Neighborhood : GROVER

HOUSEHOLDS
1,933
POPULATION

5,368

34.6%Renters
65.4%Home Owners
LABOR FORCE

 

46.4%White Collar
53.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $644 per month.

MY RENT : $644 MEDIAN RENT : $737

Rent % Distribution LEVEL
$400-699 25.8%
$700-899 63.5%
$900-999 4.5%
$1,000-1,499 6.2%
>=$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 $644 would therefore be considered affordable for annual household incomes greater than $25,760 (12 months x 3.333 x $644).

Rent % Affordability
Above $500 80.5%
Above $700 66.1%
Above $1,100 50.1%
Above $1,500 31.5%
Above $1,900 20.2%
HOUSEHOLD INCOME RANGE

Approximately 4,850 of households in this neighborhood have a total annual income of $25,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $644 per month.

MINIMUM INCOME RANGE : $25,760

Income % Distribution
<$20K 19.5%
$20K-$35K 20.7%
$35K-$60K 28.4%
$60K-$100K 20.7%
>=$100K 10.7%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 7.3%
10-14 mins 9.3%
15-19 mins 22.3%
20-29 mins 19.9%
30-44 mins 19.4%
45-59 mins 10.4%
>60 mins 7.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $644 per month.

MY RENT : $644 MEDIAN RENT : $737

Rent % Distribution
$400-699 25.8%
$700-899 63.5%
$900-999 4.5%
$1,000-1,499 6.2%
>=$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 $644 would therefore be considered affordable for annual household incomes greater than $25,760 (12 months x 3.333 x $644).

Rent % Affordability
Above $500 80.5%
Above $700 66.1%
Above $1,100 50.1%
Above $1,500 31.5%
Above $1,900 20.2%
HOUSEHOLD INCOME RANGE

Approximately 4,850 of households in this neighborhood have a total annual income of $25,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $644 per month.

MINIMUM INCOME RANGE : $25,760

Income % Distribution
<$20K 19.5%
$20K-$35K 20.7%
$35K-$60K 28.4%
$60K-$100K 20.7%
>=$100K 10.7%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 7.3%
10-14 mins 9.3%
15-19 mins 22.3%
20-29 mins 19.9%
30-44 mins 19.4%
45-59 mins 10.4%
>60 mins 7.8%

GROVER Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.9%
Construction 6.3%
Health Care & Social Assistance 6.5%
Manufacturing 24.4%
Retail & Wholesale Trader 25.0%
Transportation 4.9%
Other 27.0%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 19.7%
15-19 9.3%
20-24 4.8%
25-44 25.7%
45-65 25.9%
66+ 14.5%
OCCUPATION

Occupation % Distribution
Healthcare 5.0%
Management, Business, & Financial 13.7%
Natural Resources Maintenance 12.2%
Production & Transportation 31.2%
Protect 5.0%
Sales & Office 21.8%
Other 11.0%
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 9.3%
High School 38.5%
Masters Degree 3.7%
Some College 25.7%
Some High School 17.1%
Other 5.6%

2202 Cleveland Ave Comps

Sorry, we do not have sufficient data available.

2202 Cleveland Ave, Grover, NC 28073 is a single family home of 962 sqft. HomeUnion INVESTimateĀ® for 2202 Cleveland Ave includes a Price Estimate of $43,177 and a Rent Estimate of $644. This single family home has 0 bedrooms,0 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 17.90% and Total Return of 23.14%. The estimated 1 year forecast in home value for 2202 Cleveland Ave is 1.43%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CLEVELAND County , or the 28073 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By List Price within 2 miles

  1. 233 Runyans Rd
  2. 2533 Cleveland Ave

Nearest zipcodes within 2 miles

  1. 28152
  2. 28150
  3. 28021
  4. 28038