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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

366 Fletcher Rd Scott Depot, WV 25560

4 Beds 3 Baths 3,327 sqft Built 1980
Last updated:  Jan 23, 2020

INVESTimate

$325,085

$276K - $374K

Price Est.

$1,801

$1.7K - $1.9K

Rent Est.

$337,991  ( +3.97%)   1 YR EST. FORECAST
  
  
  

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366 Fletcher Rd PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $97.71
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,327 sqft
  • Baths : 3 Full

366 Fletcher Rd SCHOOLS

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Financial Details

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Neighborhood

SCOTT DEPOT

  • 8,207

    POPULATION
  • 3,055

    HOUSEHOLDS
  • 70.0%

    WHITE COLLAR

Neighborhood : SCOTT DEPOT

HOUSEHOLDS
3,055
POPULATION

8,207

20.1%Renters
79.9%Home Owners
LABOR FORCE

 

70.0%White Collar
30.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,801 per month.

MY RENT : $1,801 MEDIAN RENT : $1,442

Rent % Distribution LEVEL
$500-699 0.3%
$700-899 11.6%
$900-999 5.5%
$1,000-1,499 38.4%
>=$1,500 44.2%
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 $1,801 would therefore be considered affordable for annual household incomes greater than $72,040 (12 months x 3.333 x $1,801).

Rent % Affordability
Above $500 93.3%
Above $700 84.4%
Above $1,100 70.2%
Above $1,500 58.7%
Above $1,900 48.3%
HOUSEHOLD INCOME RANGE

Approximately 1,235 of households in this neighborhood have a total annual income of $72,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,801 per month.

MINIMUM INCOME RANGE : $72,040

Income % Distribution
<$20K 6.7%
$20K-$35K 16.3%
$35K-$60K 18.3%
$60K-$100K 25.3%
>=$100K 33.3%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 9.4%
10-14 mins 10.0%
15-19 mins 18.5%
20-29 mins 33.3%
30-44 mins 17.8%
45-59 mins 3.5%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,801 per month.

MY RENT : $1,801 MEDIAN RENT : $1,442

Rent % Distribution
$500-699 0.3%
$700-899 11.6%
$900-999 5.5%
$1,000-1,499 38.4%
>=$1,500 44.2%
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 $1,801 would therefore be considered affordable for annual household incomes greater than $72,040 (12 months x 3.333 x $1,801).

Rent % Affordability
Above $500 93.3%
Above $700 84.4%
Above $1,100 70.2%
Above $1,500 58.7%
Above $1,900 48.3%
HOUSEHOLD INCOME RANGE

Approximately 1,235 of households in this neighborhood have a total annual income of $72,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,801 per month.

MINIMUM INCOME RANGE : $72,040

Income % Distribution
<$20K 6.7%
$20K-$35K 16.3%
$35K-$60K 18.3%
$60K-$100K 25.3%
>=$100K 33.3%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 9.4%
10-14 mins 10.0%
15-19 mins 18.5%
20-29 mins 33.3%
30-44 mins 17.8%
45-59 mins 3.5%
>60 mins 4.4%

SCOTT DEPOT Demographics

INDUSTRY

Industry % Distribution
Construction 7.7%
Educational Services 9.0%
Health Care & Social Assistance 19.2%
Manufacturing 12.3%
Retail & Wholesale Trader 15.8%
Transportation 7.6%
Other 28.3%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 16.6%
15-19 5.3%
20-24 7.3%
25-44 27.0%
45-65 24.9%
66+ 18.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.5%
Healthcare 16.1%
Management, Business, & Financial 17.2%
Natural Resources Maintenance 6.5%
Production & Transportation 19.1%
Sales & Office 13.2%
Other 17.4%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 11.1%
High School 34.5%
Masters Degree 11.7%
Some College 18.9%
Some High School 4.5%
Other 19.4%

366 Fletcher Rd Comps

Sorry, we do not have sufficient data available.

366 Fletcher Rd, Scott Depot, WV 25560 is a single family home of 3,327 sqft. HomeUnion INVESTimateĀ® for 366 Fletcher Rd includes a Price Estimate of $325,085 and a Rent Estimate of $1,801. This single family home has 4 bedrooms,3 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 6.65% and Total Return of 16.26%. The estimated 1 year forecast in home value for 366 Fletcher Rd is 3.97%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , PUTNAM County , or the 25560 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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