INVESTimate
$31,957
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52 Chestnut St PROPERTY INFO
FACTS
- Built In 1900
- Price/Sqft : $71.61
CONSTRUCTION
- Beds : 2
- Floor Size : 1,078 sqft
- Baths : 1 Full 1 Half
52 Chestnut St SCHOOLS
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Financial Details
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ENTERPRISE
Neighborhood : ENTERPRISE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $790 per month.
MY RENT : $790 MEDIAN RENT : $847
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 $790 would therefore be considered affordable for annual household incomes greater than $31,600 (12 months x 3.333 x $790).
HOUSEHOLD INCOME RANGE
Approximately 714 of households in this neighborhood have a total annual income of $31,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $790 per month.
MINIMUM INCOME RANGE : $31,600
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.
ENTERPRISE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 11.8% |
| Educational Services | 5.5% |
| Health Care & Social Assistance | 13.5% |
| Manufacturing | 5.9% |
| Retail & Wholesale Trader | 33.8% |
| Transportation | 6.8% |
| Other | 22.8% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 20% is 24 or younger and 24% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 6.9% |
| 15-19 | 10.6% |
| 20-24 | 2.4% |
| 25-44 | 21.0% |
| 45-65 | 35.1% |
| 66+ | 24.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 9.1% |
| Management, Business, & Financial | 8.5% |
| Natural Resources Maintenance | 16.4% |
| Production & Transportation | 23.0% |
| Protect | 4.8% |
| Sales & Office | 26.1% |
| Other | 12.1% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 11.1% |
| High School | 53.9% |
| Masters Degree | 0.9% |
| Some College | 12.8% |
| Some High School | 14.4% |
| Other | 6.9% |
52 Chestnut St Comps
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52 Chestnut St, Enterprise, WV 26568 is a single family home of 1,078 sqft. HomeUnion INVESTimateĀ® for 52 Chestnut St includes a Price Estimate of $77,195 and a Rent Estimate of $790. This single family home has 2 bedrooms,2 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 12.28% and Total Return of 17.81%. The estimated 1 year forecast in home value for 52 Chestnut St is 2.32%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , HARRISON County , or the 26568 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
