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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

4843 Shepherds Way Dr Battleboro, NC 27809

3 Beds 2 Baths 1,580 sqft Built 2000
Last updated:  Jan 23, 2020

INVESTimate

$196,038

$176K - $216K

Price Est.

$751

684 - 818

Rent Est.

$197,763  ( +0.88%)   1 YR EST. FORECAST
  
  
  

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4843 Shepherds Way Dr PROPERTY INFO

FACTS
  • Built In 2000
  • Price/Sqft : $124.07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,580 sqft
  • Baths : 2 Full

4843 Shepherds Way Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
RED OAK ELEMENTARY SCHOOL Primary Regular 299 22 NA
RED OAK MIDDLE SCHOOL Middle Regular 920 58 4
NORTHERN NASH HIGH SCHOOL High Regular 1,219 71 3

RED OAK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 299
  • # of teachers: 22
0
GreatSchools Rating

RED OAK MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 920
  • # of teachers: 58
4
GreatSchools Rating

NORTHERN NASH HIGH SCHOOL

  • Education Level: High
  • # of students: 1,219
  • # of teachers: 71
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Shepherds Way

  • 60

    POPULATION
  • 20

    HOUSEHOLDS
  • 71.4%

    WHITE COLLAR

Neighborhood : Shepherds Way

HOUSEHOLDS
20
POPULATION

60

19.0%Renters
81.0%Home Owners
LABOR FORCE

 

71.4%White Collar
28.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $751 per month.

MY RENT : $751 MEDIAN RENT : $801

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 100.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 0.0%
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 $751 would therefore be considered affordable for annual household incomes greater than $30,040 (12 months x 3.333 x $751).

Rent % Affordability
Above $500 69.6%
Above $700 67.0%
Above $1,100 60.9%
Above $1,500 39.1%
Above $1,900 34.4%
HOUSEHOLD INCOME RANGE

Approximately 24 of households in this neighborhood have a total annual income of $30,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $751 per month.

MINIMUM INCOME RANGE : $30,040

Income % Distribution
<$20K 30.4%
$20K-$35K 4.3%
$35K-$60K 26.1%
$60K-$100K 13.0%
>=$100K 26.1%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 10.0%
10-14 mins 5.0%
15-19 mins 30.0%
20-29 mins 20.0%
30-44 mins 10.0%
45-59 mins 20.0%
>60 mins 5.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $751 per month.

MY RENT : $751 MEDIAN RENT : $801

Rent % Distribution
$500-699 0.0%
$700-899 100.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 0.0%
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 $751 would therefore be considered affordable for annual household incomes greater than $30,040 (12 months x 3.333 x $751).

Rent % Affordability
Above $500 69.6%
Above $700 67.0%
Above $1,100 60.9%
Above $1,500 39.1%
Above $1,900 34.4%
HOUSEHOLD INCOME RANGE

Approximately 24 of households in this neighborhood have a total annual income of $30,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $751 per month.

MINIMUM INCOME RANGE : $30,040

Income % Distribution
<$20K 30.4%
$20K-$35K 4.3%
$35K-$60K 26.1%
$60K-$100K 13.0%
>=$100K 26.1%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 10.0%
10-14 mins 5.0%
15-19 mins 30.0%
20-29 mins 20.0%
30-44 mins 10.0%
45-59 mins 20.0%
>60 mins 5.0%

Shepherds Way Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.3%
Arts & Entertainment 8.3%
Health Care & Social Assistance 16.7%
Manufacturing 12.5%
Professional & Scientific Tech Services 12.5%
Retail & Wholesale Trader 16.7%
Other 25.0%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 32% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 20.0%
15-19 8.3%
20-24 3.3%
25-44 20.0%
45-65 26.7%
66+ 21.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 11.8%
Healthcare 17.6%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 29.4%
Production & Transportation 5.9%
Sales & Office 11.8%
Other 5.9%
HIGHEST EDUCATION LEVEL

32% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 21.1%
High School 15.8%
Masters Degree 5.3%
Some College 21.1%
Some High School 21.1%
Other 15.8%

4843 Shepherds Way Dr Comps

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4843 Shepherds Way Dr, Battleboro, NC 27809 is a single family home of 1,580 sqft. HomeUnion INVESTimateĀ® for 4843 Shepherds Way Dr includes a Price Estimate of $196,038 and a Rent Estimate of $751. This single family home has 3 bedrooms,2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 4.60% and Total Return of 6.24%. The estimated 1 year forecast in home value for 4843 Shepherds Way Dr is 0.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , NASH County , or the 27809 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 27804
  2. 27856
  3. 27891