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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

53 Lennon St Fair Bluff, NC 28439

0 Beds 0 Baths 1,472 sqft Built 1970
Last updated:  Dec 26, 2019

INVESTimate

$109,521

$103K - $116K

Price Est.

$829

724 - 934

Rent Est.

$113,770  ( +3.88%)   1 YR EST. FORECAST
  
  
  

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53 Lennon St PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $74.40
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,472 sqft
  • Baths : 0 Full

53 Lennon St SCHOOLS

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Financial Details

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Neighborhood

FAIR BLUFF

  • 1,191

    POPULATION
  • 610

    HOUSEHOLDS
  • 44.8%

    WHITE COLLAR

Neighborhood : FAIR BLUFF

HOUSEHOLDS
610
POPULATION

1,191

25.0%Renters
75.0%Home Owners
LABOR FORCE

 

44.8%White Collar
55.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $829 per month.

MY RENT : $829 MEDIAN RENT : $810

Rent % Distribution LEVEL
$500-699 19.2%
$700-899 50.8%
$900-999 11.2%
$1,000-1,499 18.3%
>=$1,500 0.5%
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 $829 would therefore be considered affordable for annual household incomes greater than $33,160 (12 months x 3.333 x $829).

Rent % Affordability
Above $500 66.4%
Above $700 59.2%
Above $1,100 38.4%
Above $1,500 17.9%
Above $1,900 12.7%
HOUSEHOLD INCOME RANGE

Approximately 1,338 of households in this neighborhood have a total annual income of $33,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $829 per month.

MINIMUM INCOME RANGE : $33,160

Income % Distribution
<$20K 33.6%
$20K-$35K 19.1%
$35K-$60K 29.4%
$60K-$100K 12.2%
>=$100K 5.8%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 7.1%
10-14 mins 23.2%
15-19 mins 12.2%
20-29 mins 16.5%
30-44 mins 23.4%
45-59 mins 5.1%
>60 mins 10.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $829 per month.

MY RENT : $829 MEDIAN RENT : $810

Rent % Distribution
$500-699 19.2%
$700-899 50.8%
$900-999 11.2%
$1,000-1,499 18.3%
>=$1,500 0.5%
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 $829 would therefore be considered affordable for annual household incomes greater than $33,160 (12 months x 3.333 x $829).

Rent % Affordability
Above $500 66.4%
Above $700 59.2%
Above $1,100 38.4%
Above $1,500 17.9%
Above $1,900 12.7%
HOUSEHOLD INCOME RANGE

Approximately 1,338 of households in this neighborhood have a total annual income of $33,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $829 per month.

MINIMUM INCOME RANGE : $33,160

Income % Distribution
<$20K 33.6%
$20K-$35K 19.1%
$35K-$60K 29.4%
$60K-$100K 12.2%
>=$100K 5.8%
COMMUTE TIME DISTRIBUTION

52% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 7.1%
10-14 mins 23.2%
15-19 mins 12.2%
20-29 mins 16.5%
30-44 mins 23.4%
45-59 mins 5.1%
>60 mins 10.4%

FAIR BLUFF Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.6%
Construction 7.5%
Educational Services 9.0%
Health Care & Social Assistance 14.2%
Retail & Wholesale Trader 19.3%
Transportation 10.5%
Other 31.0%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 17% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 11.6%
15-19 2.9%
20-24 2.8%
25-44 18.3%
45-65 40.9%
66+ 23.6%
OCCUPATION

Occupation % Distribution
Clean 6.2%
Management, Business, & Financial 9.7%
Natural Resources Maintenance 15.4%
Production & Transportation 19.7%
Sales & Office 29.0%
Social 5.6%
Other 14.4%
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 11.4%
High School 35.4%
Masters Degree 3.0%
Some College 22.2%
Some High School 19.0%
Other 8.9%

53 Lennon St Comps

Sorry, we do not have sufficient data available.

53 Lennon St, Fair Bluff, NC 28439 is a single family home of 1,472 sqft. HomeUnion INVESTimateĀ® for 53 Lennon St includes a Price Estimate of $109,521 and a Rent Estimate of $829. This single family home has 0 bedrooms,0 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 9.08% and Total Return of 19.22%. The estimated 1 year forecast in home value for 53 Lennon St is 3.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , COLUMBUS County , or the 28439 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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