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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

247 Scenic Dr West Jefferson, NC 28694

0 Beds 0 Baths 2,660 sqft Built 2003
Last updated:  Jan 23, 2020

INVESTimate

$204,156

$183K - $226K

Price Est.

$1,098

959 - $1.2K

Rent Est.

$213,527  ( +4.59%)   1 YR EST. FORECAST
  
  
  

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247 Scenic Dr PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $76.75
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,660 sqft
  • Baths : 0 Full

247 Scenic Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ASHE COUNTY HIGH SCHOOL High Regular 905 65 6

ASHE COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 905
  • # of teachers: 65
6
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

Fleetwood Falls

  • 57

    POPULATION
  • 23

    HOUSEHOLDS
  • 74.1%

    WHITE COLLAR

Neighborhood : Fleetwood Falls

HOUSEHOLDS
23
POPULATION

57

20.0%Renters
80.0%Home Owners
LABOR FORCE

 

74.1%White Collar
25.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,098 per month.

MY RENT : $1,098 MEDIAN RENT : $1,014

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 6.2%
$900-999 36.4%
$1,000-1,499 57.1%
>=$1,500 0.4%
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 $1,098 would therefore be considered affordable for annual household incomes greater than $43,920 (12 months x 3.333 x $1,098).

Rent % Affordability
Above $500 81.0%
Above $700 66.7%
Above $1,100 48.6%
Above $1,500 38.1%
Above $1,900 23.2%
HOUSEHOLD INCOME RANGE

Approximately 9 of households in this neighborhood have a total annual income of $43,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,098 per month.

MINIMUM INCOME RANGE : $43,920

Income % Distribution
<$20K 19.0%
$20K-$35K 23.8%
$35K-$60K 19.0%
$60K-$100K 28.6%
>=$100K 9.5%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 4.8%
10-14 mins 4.8%
15-19 mins 14.3%
20-29 mins 23.8%
30-44 mins 38.1%
45-59 mins 4.8%
>60 mins 9.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,098 per month.

MY RENT : $1,098 MEDIAN RENT : $1,014

Rent % Distribution
$500-699 0.0%
$700-899 6.2%
$900-999 36.4%
$1,000-1,499 57.1%
>=$1,500 0.4%
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 $1,098 would therefore be considered affordable for annual household incomes greater than $43,920 (12 months x 3.333 x $1,098).

Rent % Affordability
Above $500 81.0%
Above $700 66.7%
Above $1,100 48.6%
Above $1,500 38.1%
Above $1,900 23.2%
HOUSEHOLD INCOME RANGE

Approximately 9 of households in this neighborhood have a total annual income of $43,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,098 per month.

MINIMUM INCOME RANGE : $43,920

Income % Distribution
<$20K 19.0%
$20K-$35K 23.8%
$35K-$60K 19.0%
$60K-$100K 28.6%
>=$100K 9.5%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 4.8%
10-14 mins 4.8%
15-19 mins 14.3%
20-29 mins 23.8%
30-44 mins 38.1%
45-59 mins 4.8%
>60 mins 9.5%

Fleetwood Falls Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.1%
Construction 13.6%
Educational Services 13.6%
Health Care & Social Assistance 18.2%
Manufacturing 9.1%
Retail & Wholesale Trader 13.6%
Other 22.7%
AGE DISTRIBUTION

60% of the population is between the ages of 25 and 64, 28% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 21.1%
15-19 1.8%
20-24 5.3%
25-44 24.6%
45-65 35.1%
66+ 12.3%
OCCUPATION

Occupation % Distribution
Construction 11.1%
Management, Business, & Financial 22.2%
Natural Resources Maintenance 11.1%
Production & Transportation 11.1%
Sales & Office 16.7%
Social 5.6%
Other 22.2%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 37.2%
Masters Degree 7.0%
Professional 2.3%
Some College 23.3%
Other 23.3%

247 Scenic Dr Comps

Sorry, we do not have sufficient data available.

247 Scenic Dr, West Jefferson, NC 28694 is a single family home of 2,660 sqft. HomeUnion INVESTimateĀ® for 247 Scenic Dr includes a Price Estimate of $204,156 and a Rent Estimate of $1,098. This single family home has 0 bedrooms,0 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 6.45% and Total Return of 17.15%. The estimated 1 year forecast in home value for 247 Scenic Dr is 4.59%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , ASHE County , or the 28694 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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