INVESTimate
$46,050
4389 Alligator Rd Nw PROPERTY INFO
FACTS
- Built In 1997
- Price/Sqft : $71.01
CONSTRUCTION
- Beds : 3
- Floor Size : 1,836 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
4389 Alligator Rd Nw, Ash, NC 28420 is a single family home of 1,836 sqft. HomeUnion estimate for 4389 Alligator Rd Nw includes a Price Estimate of $130,379 and a Rent Estimate of $1,085. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 9.99% and Total Return of 23.04%. The estimated 1 year forecast in home value for 4389 Alligator Rd Nw is 3.51%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
4389 Alligator Rd Nw SCHOOLS
Financial Details
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ASH
Neighborhood : ASH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,085 per month.
MY RENT : $1,085 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 $1,085 would therefore be considered affordable for annual household incomes greater than $43,400 (12 months x 3.333 x $1,085).
HOUSEHOLD INCOME RANGE
Approximately 585 of households in this neighborhood have a total annual income of $43,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,085 per month.
MINIMUM INCOME RANGE : $43,400
COMMUTE TIME DISTRIBUTION
69% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
ASH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 9.7% |
Arts & Entertainment | 10.0% |
Construction | 19.5% |
Health Care & Social Assistance | 17.1% |
Information | 5.2% |
Retail & Wholesale Trader | 13.8% |
Other | 24.7% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.1% |
15-19 | 6.0% |
20-24 | 3.6% |
25-44 | 27.2% |
45-65 | 25.0% |
66+ | 17.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 12.9% |
Healthcare | 16.7% |
Management, Business, & Financial | 13.0% |
Natural Resources Maintenance | 20.8% |
Production & Transportation | 7.2% |
Sales & Office | 15.1% |
Other | 14.2% |
HIGHEST EDUCATION LEVEL
10% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.9% |
High School | 39.5% |
Masters Degree | 2.2% |
Some College | 19.9% |
Some High School | 20.5% |
Other | 9.9% |
4389 Alligator Rd Nw Comps
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