INVESTimate
$38,250
4303 Alligator Rd Nw PROPERTY INFO
FACTS
- Built In 1970
- Price/Sqft : $99.26
CONSTRUCTION
- Beds : 3
- Floor Size : 1,017 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
4303 Alligator Rd Nw, Ash, NC 28420 is a single family home of 1,017 sqft. HomeUnion estimate for 4303 Alligator Rd Nw includes a Price Estimate of $100,944 and a Rent Estimate of $1,009. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 11.99% and Total Return of 26.76%. The estimated 1 year forecast in home value for 4303 Alligator Rd Nw is 3.51%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
4303 Alligator Rd Nw SCHOOLS
Financial Details
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ASH
Neighborhood : ASH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,009 per month.
MY RENT : $1,009 MEDIAN RENT : $1,073
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 $1,009 would therefore be considered affordable for annual household incomes greater than $40,360 (12 months x 3.333 x $1,009).
HOUSEHOLD INCOME RANGE
Approximately 553 of households in this neighborhood have a total annual income of $40,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,009 per month.
MINIMUM INCOME RANGE : $40,360
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
ASH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 15.2% |
Arts & Entertainment | 11.3% |
Construction | 18.2% |
Health Care & Social Assistance | 13.6% |
Information | 4.5% |
Retail & Wholesale Trader | 14.0% |
Other | 23.1% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 25.3% |
15-19 | 6.0% |
20-24 | 2.3% |
25-44 | 28.8% |
45-65 | 24.0% |
66+ | 13.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 12.0% |
Healthcare | 13.3% |
Management, Business, & Financial | 11.8% |
Natural Resources Maintenance | 18.8% |
Protect | 9.0% |
Sales & Office | 19.7% |
Other | 15.5% |
HIGHEST EDUCATION LEVEL
7% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.6% |
High School | 42.4% |
Masters Degree | 1.8% |
Some College | 21.2% |
Some High School | 19.7% |
Other | 9.4% |
4303 Alligator Rd Nw Comps
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