Financial Details3171 Wilmington Hwy PROPERTY INFO
FACTS
- Built In 1996
- Price/Sqft : $101.94
CONSTRUCTION
- Beds : 3
- Floor Size : 1,620 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
3171 Wilmington Hwy, Willard, NC 28478 is a single family home of 1,620 sqft. HomeUnion estimate for 3171 Wilmington Hwy includes a Price Estimate of $165,140 and a Rent Estimate of $902. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 6.55% and Total Return of 19.87%. The estimated 1 year forecast in home value for 3171 Wilmington Hwy is 5.04%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
3171 Wilmington Hwy SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
WILLARD
Neighborhood : WILLARD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $902 per month.
MY RENT : $902 MEDIAN RENT : $854
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 $902 would therefore be considered affordable for annual household incomes greater than $36,080 (12 months x 3.333 x $902).
HOUSEHOLD INCOME RANGE
Approximately 724 of households in this neighborhood have a total annual income of $36,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $902 per month.
MINIMUM INCOME RANGE : $36,080
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
WILLARD Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 7.8% |
| Educational Services | 8.1% |
| Health Care & Social Assistance | 20.7% |
| Manufacturing | 12.5% |
| Retail & Wholesale Trader | 12.0% |
| Transportation | 8.6% |
| Other | 30.3% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.1% |
| 15-19 | 6.7% |
| 20-24 | 6.2% |
| 25-44 | 21.0% |
| 45-65 | 30.4% |
| 66+ | 16.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 5.9% |
| Healthcare | 16.5% |
| Management, Business, & Financial | 12.0% |
| Natural Resources Maintenance | 22.6% |
| Production & Transportation | 12.1% |
| Sales & Office | 12.4% |
| Other | 18.7% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 14.0% |
| High School | 35.2% |
| Masters Degree | 2.9% |
| Some College | 25.0% |
| Some High School | 14.8% |
| Other | 8.2% |
3171 Wilmington Hwy 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 , SAMPSON County , or the 28478 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
