1. < Shady Creek Rdg

Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

39 Shady Creek Rdg Marble, NC 28905

3 Beds 1 Baths 1,657 sqft Built 1980
Last updated:  Jan 23, 2020

INVESTimate

$139,310

$132K - $147K

Price Est.

$963

841 - $1.1K

Rent Est.

$48,417

Investment Est.

$147,794  ( +6.09%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

39 Shady Creek Rdg PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $84.07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,657 sqft
  • Baths : 1 Full

39 Shady Creek Rdg SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PEACHTREE ELEMENTARY SCHOOL Primary Regular 159 12 NA
MURPHY MIDDLE SCHOOL Middle Regular 343 19 NA
MURPHY HIGH SCHOOL High Regular 475 34 NA

PEACHTREE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 159
  • # of teachers: 12
-1
GreatSchools Rating

MURPHY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 343
  • # of teachers: 19
-1
GreatSchools Rating

MURPHY HIGH SCHOOL

  • Education Level: High
  • # of students: 475
  • # of teachers: 34
-1
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

MARBLE

  • 2,735

    POPULATION

  • 1,080

    HOUSEHOLDS

  • 57.5%

    WHITE COLLAR

Neighborhood : MARBLE

HOUSEHOLDS
1,080
POPULATION

2,735

19.5%Renters
80.5%Home Owners
LABOR FORCE

 

57.5%White Collar
42.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $963 per month.

MY RENT : $963 MEDIAN RENT : $896

Rent % Distribution LEVEL
$500-699 0.8%
$700-899 50.8%
$900-999 15.5%
$1,000-1,499 30.1%
>=$1,500 2.7%
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 $963 would therefore be considered affordable for annual household incomes greater than $38,520 (12 months x 3.333 x $963).

Rent % Affordability
Above $500 75.8%
Above $700 65.5%
Above $1,100 39.7%
Above $1,500 29.0%
Above $1,900 17.9%
HOUSEHOLD INCOME RANGE

Approximately 410 of households in this neighborhood have a total annual income of $38,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $963 per month.

MINIMUM INCOME RANGE : $38,520

Income % Distribution
<$20K 24.2%
$20K-$35K 22.0%
$35K-$60K 24.7%
$60K-$100K 19.3%
>=$100K 9.7%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 32% 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 3.7%
5-9 mins 4.0%
10-14 mins 24.6%
15-19 mins 29.4%
20-29 mins 17.8%
30-44 mins 12.4%
45-59 mins 2.3%
>60 mins 5.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 39% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $963 per month.

MY RENT : $963 MEDIAN RENT : $896

Rent % Distribution
$500-699 0.8%
$700-899 50.8%
$900-999 15.5%
$1,000-1,499 30.1%
>=$1,500 2.7%
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 $963 would therefore be considered affordable for annual household incomes greater than $38,520 (12 months x 3.333 x $963).

Rent % Affordability
Above $500 75.8%
Above $700 65.5%
Above $1,100 39.7%
Above $1,500 29.0%
Above $1,900 17.9%
HOUSEHOLD INCOME RANGE

Approximately 410 of households in this neighborhood have a total annual income of $38,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $963 per month.

MINIMUM INCOME RANGE : $38,520

Income % Distribution
<$20K 24.2%
$20K-$35K 22.0%
$35K-$60K 24.7%
$60K-$100K 19.3%
>=$100K 9.7%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 32% 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 3.7%
5-9 mins 4.0%
10-14 mins 24.6%
15-19 mins 29.4%
20-29 mins 17.8%
30-44 mins 12.4%
45-59 mins 2.3%
>60 mins 5.8%
MARBLE Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 14.5%
Construction 6.8%
Educational Services 6.9%
Health Care & Social Assistance 13.5%
Manufacturing 16.7%
Retail & Wholesale Trader 13.9%
Other 27.8%
OCCUPATION

           

Occupation % Distribution
Healthcare 12.2%
Management, Business, & Financial 17.3%
Natural Resources Maintenance 12.9%
PCare 8.4%
Production & Transportation 17.0%
Sales & Office 17.0%
Other 15.2%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 18.2%
15-19 5.6%
20-24 4.4%
25-44 16.6%
45-65 29.5%
66+ 25.7%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 10.3%
High School 32.8%
Masters Degree 6.0%
Some College 21.9%
Some High School 17.9%
Other 11.1%

MARBLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.5%
Construction 6.8%
Educational Services 6.9%
Health Care & Social Assistance 13.5%
Manufacturing 16.7%
Retail & Wholesale Trader 13.9%
Other 27.8%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 28% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 18.2%
15-19 5.6%
20-24 4.4%
25-44 16.6%
45-65 29.5%
66+ 25.7%
OCCUPATION

Occupation % Distribution
Healthcare 12.2%
Management, Business, & Financial 17.3%
Natural Resources Maintenance 12.9%
PCare 8.4%
Production & Transportation 17.0%
Sales & Office 17.0%
Other 15.2%
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 10.3%
High School 32.8%
Masters Degree 6.0%
Some College 21.9%
Some High School 17.9%
Other 11.1%

39 Shady Creek Rdg Comps

Sorry, we do not have sufficient data available.

39 Shady Creek Rdg, Marble, NC 28905 is a single family home of 1,657 sqft. HomeUnion INVESTimateĀ® for 39 Shady Creek Rdg includes a Price Estimate of $139,310 and a Rent Estimate of $963. This single family home has 3 bedrooms,1 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 8.30% and Total Return of 24.28%. The estimated 1 year forecast in home value for 39 Shady Creek Rdg is 6.09%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CHEROKEE County , or the 28905 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Shady Creek Rdg

  1. 135 Shady Creek Rdg
  2. 138 Shady Creek Rdg
  3. 155 Shady Creek Rdg
  4. 157 Shady Creek Rdg
  5. 221 Shady Creek Rdg
  6. 291 Shady Creek Rdg
  7. 329 Shady Creek Rdg
  8. 39 Shady Creek Rdg

Similar Investment Properties By Bed/Bath within 2 miles

  1. 1730 Old Peachtree Rd

Similar Investment Properties By List Price within 2 miles

  1. 157 Shady Creek Rdg
  2. 329 Shady Creek Rdg
  3. 155 Shady Creek Rdg
  4. 138 Shady Creek Rdg
  5. 221 Shady Creek Rdg
  6. 2178 Old Peachtree Rd
  7. 244 Lovingood Rd
  8. 1808 Old Peachtree Rd
  9. 2229 Old Peachtree Rd
  10. 2443 Old Peachtree Rd
  11. 2027 Old Peachtree Rd
  12. 2816 Old Peachtree Rd
  13. 30 Johnson Rdg
  14. 1700 Old Peachtree Rd
  15. 1641 Old Peachtree Rd
  16. 550 Goldie Garrett Rd
  17. 60 Cb Newton Rd
  18. 474 Mountain Top Rd
  19. 510 Mountain Top Rd
  20. 734 Mountain Top Rd

Nearest zipcodes within 2 miles

  1. 28906
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2010 Main Street, Suite #250, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

© 2018 HomeUnion, Inc. All Rights Reserved.