INVESTimate
$53,588
265 Abner Rd PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $89.13
CONSTRUCTION
- Beds : 3
- Floor Size : 1,782 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
265 Abner Rd, Star, NC 27356 is a single family home of 1,782 sqft. HomeUnion estimate for 265 Abner Rd includes a Price Estimate of $158,823 and a Rent Estimate of $1,117. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 8.44% and Total Return of 48.60%. The estimated 1 year forecast in home value for 265 Abner Rd is 17.71%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
265 Abner Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
STAR
Neighborhood : STAR
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 10% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,117 per month.
MY RENT : $1,117 MEDIAN RENT : $760
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 $1,117 would therefore be considered affordable for annual household incomes greater than $44,680 (12 months x 3.333 x $1,117).
HOUSEHOLD INCOME RANGE
Approximately 519 of households in this neighborhood have a total annual income of $44,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,117 per month.
MINIMUM INCOME RANGE : $44,680
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
STAR Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.7% |
Construction | 8.5% |
Educational Services | 7.8% |
Health Care & Social Assistance | 12.9% |
Manufacturing | 28.6% |
Retail & Wholesale Trader | 5.8% |
Other | 27.8% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.3% |
15-19 | 7.2% |
20-24 | 7.8% |
25-44 | 24.3% |
45-65 | 28.0% |
66+ | 19.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 5.9% |
Healthcare | 12.5% |
Management, Business, & Financial | 14.0% |
Natural Resources Maintenance | 19.1% |
Production & Transportation | 24.1% |
Sales & Office | 11.8% |
Other | 12.6% |
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 | 13.5% |
High School | 37.2% |
Masters Degree | 2.5% |
Some College | 20.0% |
Some High School | 20.3% |
Other | 6.6% |
265 Abner Rd Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , MONTGOMERY County , or the 27356 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2