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.

4303 Graysontown Rd Radford, VA 24141

2 Beds 1 Baths 1,364 sqft Built 1930
Last updated:  Oct 23, 2019

INVESTimate

$224,775

$218K - $232K

Price Est.

$927

816 - $1.0K

Rent Est.

$231,046  ( +2.79%)   1 YR EST. FORECAST

4303 Graysontown Rd PROPERTY INFO

FACTS
  • Built In 1930
  • Price/Sqft : $164.79
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,364 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
4303 Graysontown Rd, Radford, VA 24141 is a single family home of 1,364 sqft. HomeUnion estimate for 4303 Graysontown Rd includes a Price Estimate of $224,775 and a Rent Estimate of $927. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1930. This property has an estimated 15 year annualized Yield of 4.95% and Total Return of 12.32%. The estimated 1 year forecast in home value for 4303 Graysontown Rd is 2.79%.
  
  
  

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
  • 2942 WALNUT SPRINGS DRIVE Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300
  • 7953 SHADY OAK TRAIL #47 Charlotte, NC
    • 2 beds 2 baths ∙ 1,040 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,040 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE
    • 12.46% GROSS YIELD
    • $6,218 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $107,900
    • $34,344
    • $1,120
  • 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

4303 Graysontown Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
AUBURN ELEMENTARY SCHOOL Primary Regular 537 38 5
AUBURN MIDDLE SCHOOL Middle Regular 332 25 5
AUBURN HIGH SCHOOL High Regular 373 33 6

AUBURN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 537
  • # of teachers: 38
5
GreatSchools Rating

AUBURN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 332
  • # of teachers: 25
5
GreatSchools Rating

AUBURN HIGH SCHOOL

  • Education Level: High
  • # of students: 373
  • # of teachers: 33
6
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

RADFORD

  • 21,659

    POPULATION
  • 8,586

    HOUSEHOLDS
  • 66.6%

    WHITE COLLAR

Neighborhood : RADFORD

HOUSEHOLDS
8,586
POPULATION

21,659

40.9%Renters
59.1%Home Owners
LABOR FORCE

 

66.6%White Collar
33.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $927 per month.

MY RENT : $927 MEDIAN RENT : $983

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.4%
$900-999 49.9%
$1,000-1,499 41.7%
>=$1,500 3.1%
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 $927 would therefore be considered affordable for annual household incomes greater than $37,080 (12 months x 3.333 x $927).

Rent % Affordability
Above $500 73.1%
Above $700 65.6%
Above $1,100 49.1%
Above $1,500 34.1%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 3,760 of households in this neighborhood have a total annual income of $37,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $927 per month.

MINIMUM INCOME RANGE : $37,080

Income % Distribution
<$20K 26.9%
$20K-$35K 13.6%
$35K-$60K 25.5%
$60K-$100K 17.3%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 16.1%
10-14 mins 18.2%
15-19 mins 14.8%
20-29 mins 28.3%
30-44 mins 8.2%
45-59 mins 4.4%
>60 mins 6.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 81% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $927 per month.

MY RENT : $927 MEDIAN RENT : $983

Rent % Distribution
$500-699 0.0%
$700-899 5.4%
$900-999 49.9%
$1,000-1,499 41.7%
>=$1,500 3.1%
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 $927 would therefore be considered affordable for annual household incomes greater than $37,080 (12 months x 3.333 x $927).

Rent % Affordability
Above $500 73.1%
Above $700 65.6%
Above $1,100 49.1%
Above $1,500 34.1%
Above $1,900 25.9%
HOUSEHOLD INCOME RANGE

Approximately 3,760 of households in this neighborhood have a total annual income of $37,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $927 per month.

MINIMUM INCOME RANGE : $37,080

Income % Distribution
<$20K 26.9%
$20K-$35K 13.6%
$35K-$60K 25.5%
$60K-$100K 17.3%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

51% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 16.1%
10-14 mins 18.2%
15-19 mins 14.8%
20-29 mins 28.3%
30-44 mins 8.2%
45-59 mins 4.4%
>60 mins 6.3%

RADFORD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.3%
Construction 5.1%
Educational Services 17.5%
Health Care & Social Assistance 11.7%
Manufacturing 12.0%
Retail & Wholesale Trader 14.9%
Other 23.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 40% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 11.9%
15-19 7.2%
20-24 20.9%
25-44 22.6%
45-65 23.4%
66+ 14.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.4%
Healthcare 7.8%
Management, Business, & Financial 17.3%
Natural Resources Maintenance 8.4%
Production & Transportation 12.4%
Sales & Office 22.0%
Other 23.7%
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 11.8%
High School 25.9%
Masters Degree 8.7%
Some College 20.2%
Some High School 10.4%
Other 23.0%

4303 Graysontown 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 VA , MONTGOMERY County , or the 24141 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

  1. 5026 Indian Valley Rd
  2. 5105 Graysontown Rd
  3. 5140 Old Pagelyn Rd
  4. 3841 Dry Valley Rd

Nearest zipcodes within 2 miles

  1. 24073
  2. 24347
  3. 24149