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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

5159 Miller Rd Tabor City, NC 28463

0 Beds 0 Baths 2,064 sqft Built 2008
Last updated:  Dec 26, 2019

INVESTimate

$183,502

$173K - $194K

Price Est.

$1,079

942 - $1.2K

Rent Est.

$181,135  ( -1.29%)   1 YR EST. FORECAST
  
  
  

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5159 Miller Rd PROPERTY INFO

FACTS
  • Built In 2008
  • Price/Sqft : $88.91
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,064 sqft
  • Baths : 0 Full

5159 Miller Rd SCHOOLS

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Financial Details

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Neighborhood

TABOR CITY

  • 9,707

    POPULATION
  • 3,477

    HOUSEHOLDS
  • 49.4%

    WHITE COLLAR

Neighborhood : TABOR CITY

HOUSEHOLDS
3,477
POPULATION

9,707

34.0%Renters
66.0%Home Owners
LABOR FORCE

 

49.4%White Collar
50.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,079 per month.

MY RENT : $1,079 MEDIAN RENT : $828

Rent % Distribution LEVEL
$500-699 19.3%
$700-899 44.5%
$900-999 11.4%
$1,000-1,499 24.7%
>=$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 $1,079 would therefore be considered affordable for annual household incomes greater than $43,160 (12 months x 3.333 x $1,079).

Rent % Affordability
Above $500 66.0%
Above $700 57.9%
Above $1,100 38.4%
Above $1,500 21.3%
Above $1,900 14.7%
HOUSEHOLD INCOME RANGE

Approximately 1,001 of households in this neighborhood have a total annual income of $43,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,079 per month.

MINIMUM INCOME RANGE : $43,160

Income % Distribution
<$20K 34.0%
$20K-$35K 17.9%
$35K-$60K 26.8%
$60K-$100K 11.8%
>=$100K 9.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 25% 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 2.8%
5-9 mins 12.4%
10-14 mins 10.2%
15-19 mins 12.4%
20-29 mins 17.9%
30-44 mins 32.8%
45-59 mins 5.6%
>60 mins 5.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,079 per month.

MY RENT : $1,079 MEDIAN RENT : $828

Rent % Distribution
$500-699 19.3%
$700-899 44.5%
$900-999 11.4%
$1,000-1,499 24.7%
>=$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 $1,079 would therefore be considered affordable for annual household incomes greater than $43,160 (12 months x 3.333 x $1,079).

Rent % Affordability
Above $500 66.0%
Above $700 57.9%
Above $1,100 38.4%
Above $1,500 21.3%
Above $1,900 14.7%
HOUSEHOLD INCOME RANGE

Approximately 1,001 of households in this neighborhood have a total annual income of $43,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,079 per month.

MINIMUM INCOME RANGE : $43,160

Income % Distribution
<$20K 34.0%
$20K-$35K 17.9%
$35K-$60K 26.8%
$60K-$100K 11.8%
>=$100K 9.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 25% 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 2.8%
5-9 mins 12.4%
10-14 mins 10.2%
15-19 mins 12.4%
20-29 mins 17.9%
30-44 mins 32.8%
45-59 mins 5.6%
>60 mins 5.7%

TABOR CITY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.3%
Construction 8.6%
Educational Services 7.6%
Health Care & Social Assistance 19.2%
Manufacturing 10.9%
Retail & Wholesale Trader 12.4%
Other 32.0%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 15.9%
15-19 6.2%
20-24 7.5%
25-44 29.4%
45-65 25.9%
66+ 15.1%
OCCUPATION

Occupation % Distribution
Healthcare 12.2%
Management, Business, & Financial 6.8%
Natural Resources Maintenance 15.8%
Production & Transportation 21.0%
Protect 6.8%
Sales & Office 24.2%
Other 13.1%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 39.5%
Masters Degree 3.4%
Some College 20.0%
Some High School 23.8%
Other 5.9%

5159 Miller Rd Comps

Sorry, we do not have sufficient data available.

5159 Miller Rd, Tabor City, NC 28463 is a single family home of 2,064 sqft. HomeUnion INVESTimateĀ® for 5159 Miller Rd includes a Price Estimate of $183,502 and a Rent Estimate of $1,079. This single family home has 0 bedrooms,0 bathrooms, and was built in 2008. This property has an estimated 15 year annualized Yield of 7.06% and Total Return of 8.63%. The estimated 1 year forecast in home value for 5159 Miller Rd is -1.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , COLUMBUS County , or the 28463 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

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