Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

317 Old Field Rd Chinquapin, NC 28521

3 Beds 0 Baths 1,176 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$142,210

$134K - $150K

Price Est.

$779

680 - 878

Rent Est.

$138,968  ( -2.28%)   1 YR EST. FORECAST

317 Old Field Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $120.93
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,176 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
317 Old Field Rd, Chinquapin, NC 28521 is a single family home of 1,176 sqft. HomeUnion estimate for 317 Old Field Rd includes a Price Estimate of $142,210 and a Rent Estimate of $779. This single family home has 3 bedrooms, 0 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 6.57% and Total Return of 8.57%. The estimated 1 year forecast in home value for 317 Old Field Rd is -2.28%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 724 HAMBY ROAD Clyde, TX
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1997 ∙ 1units 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 1997 ∙ 1units
    AVAILABLE
    • 12.30% GROSS YIELD
    • $7,139 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,230

317 Old Field Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EAST DUPLIN HIGH SCHOOL High Regular 871 55 3

EAST DUPLIN HIGH SCHOOL

  • Education Level: High
  • # of students: 871
  • # of teachers: 55
3
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

CHINQUAPIN

  • 2,420

    POPULATION
  • 923

    HOUSEHOLDS
  • 47.0%

    WHITE COLLAR

Neighborhood : CHINQUAPIN

HOUSEHOLDS
923
POPULATION

2,420

19.1%Renters
80.9%Home Owners
LABOR FORCE

 

47.0%White Collar
53.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $779 per month.

MY RENT : $779 MEDIAN RENT : $782

Rent % Distribution LEVEL
$500-699 20.0%
$700-899 53.0%
$900-999 16.2%
$1,000-1,499 10.8%
>=$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 $779 would therefore be considered affordable for annual household incomes greater than $31,160 (12 months x 3.333 x $779).

Rent % Affordability
Above $500 81.4%
Above $700 66.5%
Above $1,100 45.8%
Above $1,500 34.0%
Above $1,900 23.0%
HOUSEHOLD INCOME RANGE

Approximately 2,639 of households in this neighborhood have a total annual income of $31,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $779 per month.

MINIMUM INCOME RANGE : $31,160

Income % Distribution
<$20K 18.6%
$20K-$35K 25.3%
$35K-$60K 22.1%
$60K-$100K 26.7%
>=$100K 7.3%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.2%
5-9 mins 5.7%
10-14 mins 8.1%
15-19 mins 8.0%
20-29 mins 16.9%
30-44 mins 28.8%
45-59 mins 14.9%
>60 mins 12.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $779 per month.

MY RENT : $779 MEDIAN RENT : $782

Rent % Distribution
$500-699 20.0%
$700-899 53.0%
$900-999 16.2%
$1,000-1,499 10.8%
>=$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 $779 would therefore be considered affordable for annual household incomes greater than $31,160 (12 months x 3.333 x $779).

Rent % Affordability
Above $500 81.4%
Above $700 66.5%
Above $1,100 45.8%
Above $1,500 34.0%
Above $1,900 23.0%
HOUSEHOLD INCOME RANGE

Approximately 2,639 of households in this neighborhood have a total annual income of $31,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $779 per month.

MINIMUM INCOME RANGE : $31,160

Income % Distribution
<$20K 18.6%
$20K-$35K 25.3%
$35K-$60K 22.1%
$60K-$100K 26.7%
>=$100K 7.3%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.2%
5-9 mins 5.7%
10-14 mins 8.1%
15-19 mins 8.0%
20-29 mins 16.9%
30-44 mins 28.8%
45-59 mins 14.9%
>60 mins 12.3%

CHINQUAPIN Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.2%
Construction 9.5%
Educational Services 12.6%
Health Care & Social Assistance 12.4%
Manufacturing 15.4%
Retail & Wholesale Trader 12.2%
Other 26.7%
AGE DISTRIBUTION

45% of the population is between the ages of 25 and 64, 34% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 16.2%
15-19 11.0%
20-24 6.4%
25-44 19.6%
45-65 25.7%
66+ 21.0%
OCCUPATION

Occupation % Distribution
Clean 5.9%
Healthcare 5.9%
Management, Business, & Financial 16.1%
Natural Resources Maintenance 20.0%
Production & Transportation 22.9%
Sales & Office 20.2%
Other 9.1%
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 11.5%
High School 35.0%
Masters Degree 3.8%
Some College 21.5%
Some High School 22.9%
Other 5.4%

317 Old Field Rd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , DUPLIN County , or the 28521 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 28466