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523 Sunny Slope Rd PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $128.41
CONSTRUCTION
- Beds : 0
- Floor Size : 720 sqft
- Baths : 0 Full
523 Sunny Slope Rd SCHOOLS
Financial Details
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BEAR CREEK
Neighborhood : BEAR CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $748 per month.
MY RENT : $748 MEDIAN RENT : $1,162
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 $748 would therefore be considered affordable for annual household incomes greater than $29,920 (12 months x 3.333 x $748).
HOUSEHOLD INCOME RANGE
Approximately 3,569 of households in this neighborhood have a total annual income of $29,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $748 per month.
MINIMUM INCOME RANGE : $29,920
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
BEAR CREEK Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 13.5% |
| Educational Services | 8.2% |
| Health Care & Social Assistance | 14.3% |
| Manufacturing | 17.0% |
| Public Administration | 5.2% |
| Retail & Wholesale Trader | 10.7% |
| Other | 31.2% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.3% |
| 15-19 | 5.4% |
| 20-24 | 6.7% |
| 25-44 | 22.6% |
| 45-65 | 28.7% |
| 66+ | 19.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.5% |
| Healthcare | 12.0% |
| Management, Business, & Financial | 22.2% |
| Natural Resources Maintenance | 12.4% |
| Production & Transportation | 18.0% |
| Sales & Office | 13.9% |
| Other | 15.0% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 10.0% |
| High School | 26.8% |
| Masters Degree | 4.0% |
| Some College | 28.8% |
| Some High School | 15.2% |
| Other | 15.2% |
523 Sunny Slope Rd Comps
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523 Sunny Slope Rd, Bear Creek, NC 27207 is a single family home of 720 sqft. HomeUnion INVESTimateĀ® for 523 Sunny Slope Rd includes a Price Estimate of $92,457 and a Rent Estimate of $748. This single family home has 0 bedrooms,0 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 9.71% and Total Return of 21.65%. The estimated 1 year forecast in home value for 523 Sunny Slope Rd is 4.05%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CHATHAM County , or the 27207 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
