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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

256 E Ricker Rd Chichester, NH 03258

3 Beds 2 Baths 1,417 sqft Built 1992
Last updated:  Oct 23, 2019

INVESTimate

$179,660

$163K - $196K

Price Est.

$1,547

$1.4K - $1.7K

Rent Est.

$180,055  ( +0.22%)   1 YR EST. FORECAST
  
  
  

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256 E Ricker Rd PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $126.79
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,417 sqft
  • Baths : 1 Full 1 Half

256 E Ricker Rd SCHOOLS

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Financial Details

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Neighborhood

CHICHESTER

  • 2,638

    POPULATION
  • 989

    HOUSEHOLDS
  • 68.4%

    WHITE COLLAR

Neighborhood : CHICHESTER

HOUSEHOLDS
989
POPULATION

2,638

9.1%Renters
90.9%Home Owners
LABOR FORCE

 

68.4%White Collar
31.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,547 per month.

MY RENT : $1,547 MEDIAN RENT : $1,824

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 10.9%
>=$1,500 89.1%
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 $1,547 would therefore be considered affordable for annual household incomes greater than $61,880 (12 months x 3.333 x $1,547).

Rent % Affordability
Above $500 94.1%
Above $700 90.2%
Above $1,100 82.8%
Above $1,500 68.1%
Above $1,900 53.6%
HOUSEHOLD INCOME RANGE

Approximately 467 of households in this neighborhood have a total annual income of $61,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,547 per month.

MINIMUM INCOME RANGE : $61,880

Income % Distribution
<$20K 5.9%
$20K-$35K 6.4%
$35K-$60K 19.7%
$60K-$100K 33.4%
>=$100K 34.7%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 3.1%
10-14 mins 8.3%
15-19 mins 24.2%
20-29 mins 21.9%
30-44 mins 22.6%
45-59 mins 10.8%
>60 mins 6.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,547 per month.

MY RENT : $1,547 MEDIAN RENT : $1,824

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 10.9%
>=$1,500 89.1%
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 $1,547 would therefore be considered affordable for annual household incomes greater than $61,880 (12 months x 3.333 x $1,547).

Rent % Affordability
Above $500 94.1%
Above $700 90.2%
Above $1,100 82.8%
Above $1,500 68.1%
Above $1,900 53.6%
HOUSEHOLD INCOME RANGE

Approximately 467 of households in this neighborhood have a total annual income of $61,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,547 per month.

MINIMUM INCOME RANGE : $61,880

Income % Distribution
<$20K 5.9%
$20K-$35K 6.4%
$35K-$60K 19.7%
$60K-$100K 33.4%
>=$100K 34.7%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 3.1%
10-14 mins 8.3%
15-19 mins 24.2%
20-29 mins 21.9%
30-44 mins 22.6%
45-59 mins 10.8%
>60 mins 6.3%

CHICHESTER Demographics

INDUSTRY

Industry % Distribution
Construction 8.2%
Educational Services 8.7%
Health Care & Social Assistance 16.8%
Manufacturing 10.4%
Public Administration 7.6%
Retail & Wholesale Trader 16.2%
Other 32.1%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 18.1%
15-19 6.4%
20-24 4.5%
25-44 22.6%
45-65 33.2%
66+ 15.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 11.5%
Healthcare 6.9%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 13.0%
Production & Transportation 13.4%
Sales & Office 25.2%
Other 12.4%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.1%
High School 29.0%
Masters Degree 9.7%
Some College 15.2%
Some High School 6.3%
Other 24.7%

256 E Ricker Rd Comps

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256 E Ricker Rd, Chichester, NH 03258 is a single family home of 1,417 sqft. HomeUnion INVESTimateĀ® for 256 E Ricker Rd includes a Price Estimate of $179,660 and a Rent Estimate of $1,547. This single family home has 3 bedrooms,2 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 10.33% and Total Return of 19.88%. The estimated 1 year forecast in home value for 256 E Ricker Rd is 0.22%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NH , MERRIMACK County , or the 03258 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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