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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

4898 Benigrass Dr Godwin, NC 28344

0 Beds 0 Baths 896 sqft Built 1959
Last updated:  Nov 28, 2019

INVESTimate

$72,977

$69.7K - $76.2K

Price Est.

$621

542 - 700

Rent Est.

$73,634  ( +0.9%)   1 YR EST. FORECAST
  
  
  

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4898 Benigrass Dr PROPERTY INFO

FACTS
  • Built In 1959
  • Price/Sqft : $81.45
CONSTRUCTION
  • Beds : 0
  • Floor Size : 896 sqft
  • Baths : 0 Full

4898 Benigrass Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DISTRICT NO 7 ELEMENTARY SCHOOL Primary Regular 281 20 10
MAC WILLIAMS MIDDLE SCHOOL Middle Regular 1,221 72 6
CAPE FEAR HIGH SCHOOL High Regular 1,575 93 6

DISTRICT NO 7 ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 281
  • # of teachers: 20
10
GreatSchools Rating

MAC WILLIAMS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,221
  • # of teachers: 72
6
GreatSchools Rating

CAPE FEAR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,575
  • # of teachers: 93
6
GreatSchools Rating
 

Financial Details

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Neighborhood

GODWIN

  • 3,922

    POPULATION
  • 1,219

    HOUSEHOLDS
  • 49.5%

    WHITE COLLAR

Neighborhood : GODWIN

HOUSEHOLDS
1,219
POPULATION

3,922

21.5%Renters
78.5%Home Owners
LABOR FORCE

 

49.5%White Collar
50.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $621 per month.

MY RENT : $621 MEDIAN RENT : $890

Rent % Distribution LEVEL
$500-699 4.3%
$700-899 47.5%
$900-999 12.6%
$1,000-1,499 33.0%
>=$1,500 2.6%
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 $621 would therefore be considered affordable for annual household incomes greater than $24,840 (12 months x 3.333 x $621).

Rent % Affordability
Above $500 84.0%
Above $700 73.5%
Above $1,100 51.0%
Above $1,500 35.1%
Above $1,900 24.3%
HOUSEHOLD INCOME RANGE

Approximately 3,533 of households in this neighborhood have a total annual income of $24,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $621 per month.

MINIMUM INCOME RANGE : $24,840

Income % Distribution
<$20K 16.0%
$20K-$35K 24.9%
$35K-$60K 24.0%
$60K-$100K 21.5%
>=$100K 13.6%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 4.8%
10-14 mins 9.5%
15-19 mins 8.5%
20-29 mins 29.6%
30-44 mins 26.4%
45-59 mins 8.8%
>60 mins 9.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $621 per month.

MY RENT : $621 MEDIAN RENT : $890

Rent % Distribution
$500-699 4.3%
$700-899 47.5%
$900-999 12.6%
$1,000-1,499 33.0%
>=$1,500 2.6%
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 $621 would therefore be considered affordable for annual household incomes greater than $24,840 (12 months x 3.333 x $621).

Rent % Affordability
Above $500 84.0%
Above $700 73.5%
Above $1,100 51.0%
Above $1,500 35.1%
Above $1,900 24.3%
HOUSEHOLD INCOME RANGE

Approximately 3,533 of households in this neighborhood have a total annual income of $24,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $621 per month.

MINIMUM INCOME RANGE : $24,840

Income % Distribution
<$20K 16.0%
$20K-$35K 24.9%
$35K-$60K 24.0%
$60K-$100K 21.5%
>=$100K 13.6%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 4.8%
10-14 mins 9.5%
15-19 mins 8.5%
20-29 mins 29.6%
30-44 mins 26.4%
45-59 mins 8.8%
>60 mins 9.3%

GODWIN Demographics

INDUSTRY

Industry % Distribution
Construction 13.4%
Educational Services 7.1%
Health Care & Social Assistance 11.7%
Manufacturing 11.0%
Retail & Wholesale Trader 18.2%
Transportation 8.1%
Other 30.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 37% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 24.6%
15-19 5.4%
20-24 6.6%
25-44 24.6%
45-65 21.6%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Construction 6.1%
Healthcare 8.6%
Management, Business, & Financial 11.3%
Natural Resources Maintenance 18.2%
Production & Transportation 18.3%
Sales & Office 22.7%
Other 14.8%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.9%
High School 37.4%
Masters Degree 2.8%
Some College 24.6%
Some High School 18.6%
Other 6.7%

4898 Benigrass Dr Comps

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4898 Benigrass Dr, Godwin, NC 28344 is a single family home of 896 sqft. HomeUnion INVESTimateĀ® for 4898 Benigrass Dr includes a Price Estimate of $72,977 and a Rent Estimate of $621. This single family home has 0 bedrooms,0 bathrooms, and was built in 1959. This property has an estimated 15 year annualized Yield of 10.21% and Total Return of 15.37%. The estimated 1 year forecast in home value for 4898 Benigrass Dr is 0.9%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CUMBERLAND County , or the 28344 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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