Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

5590 Morning Star Church Rd Battleboro, NC 27809

4 Beds 1 Baths 1,025 sqft Built 1971
Last updated:  Dec 26, 2019

INVESTimate

$60,459

$57.5K - $63.5K

Price Est.

$835

760 - 910

Rent Est.

$60,991  ( +0.88%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

5590 Morning Star Church Rd PROPERTY INFO

FACTS
  • Built In 1971
  • Price/Sqft : $58.98
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,025 sqft
  • Baths : 1 Full

5590 Morning Star Church Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
COKER-WIMBERLY ELEMENTARY SCHOOL Primary Regular 494 26 NA
PHILLIPS MIDDLE SCHOOL Middle Regular 180 12 NA
NORTH EDGECOMBE HIGH SCHOOL High Regular 357 29 NA

COKER-WIMBERLY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 494
  • # of teachers: 26
-1
GreatSchools Rating

PHILLIPS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 180
  • # of teachers: 12
-1
GreatSchools Rating

NORTH EDGECOMBE HIGH SCHOOL

  • Education Level: High
  • # of students: 357
  • # of teachers: 29
-1
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

BATTLEBORO

  • 4,582

    POPULATION
  • 1,834

    HOUSEHOLDS
  • 55.9%

    WHITE COLLAR

Neighborhood : BATTLEBORO

HOUSEHOLDS
1,834
POPULATION

4,582

23.9%Renters
76.1%Home Owners
LABOR FORCE

 

55.9%White Collar
44.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $835 per month.

MY RENT : $835 MEDIAN RENT : $769

Rent % Distribution LEVEL
$400-699 25.2%
$700-899 65.7%
$900-999 5.7%
$1,000-1,499 3.4%
>=$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 $835 would therefore be considered affordable for annual household incomes greater than $33,400 (12 months x 3.333 x $835).

Rent % Affordability
Above $500 73.9%
Above $700 63.1%
Above $1,100 50.3%
Above $1,500 35.2%
Above $1,900 25.2%
HOUSEHOLD INCOME RANGE

Approximately 3,575 of households in this neighborhood have a total annual income of $33,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $835 per month.

MINIMUM INCOME RANGE : $33,400

Income % Distribution
<$20K 26.1%
$20K-$35K 15.1%
$35K-$60K 23.6%
$60K-$100K 18.2%
>=$100K 17.0%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 7.1%
10-14 mins 24.9%
15-19 mins 32.1%
20-29 mins 17.0%
30-44 mins 11.3%
45-59 mins 3.2%
>60 mins 2.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $835 per month.

MY RENT : $835 MEDIAN RENT : $769

Rent % Distribution
$400-699 25.2%
$700-899 65.7%
$900-999 5.7%
$1,000-1,499 3.4%
>=$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 $835 would therefore be considered affordable for annual household incomes greater than $33,400 (12 months x 3.333 x $835).

Rent % Affordability
Above $500 73.9%
Above $700 63.1%
Above $1,100 50.3%
Above $1,500 35.2%
Above $1,900 25.2%
HOUSEHOLD INCOME RANGE

Approximately 3,575 of households in this neighborhood have a total annual income of $33,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $835 per month.

MINIMUM INCOME RANGE : $33,400

Income % Distribution
<$20K 26.1%
$20K-$35K 15.1%
$35K-$60K 23.6%
$60K-$100K 18.2%
>=$100K 17.0%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 7.1%
10-14 mins 24.9%
15-19 mins 32.1%
20-29 mins 17.0%
30-44 mins 11.3%
45-59 mins 3.2%
>60 mins 2.8%

BATTLEBORO Demographics

INDUSTRY

Industry % Distribution
Administrative Support 6.0%
Arts & Entertainment 11.1%
Educational Services 6.6%
Health Care & Social Assistance 11.6%
Manufacturing 17.9%
Retail & Wholesale Trader 17.2%
Other 29.6%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 30% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 18.9%
15-19 6.7%
20-24 4.7%
25-44 21.8%
45-65 31.8%
66+ 16.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.7%
Healthcare 9.3%
Management, Business, & Financial 13.4%
Natural Resources Maintenance 12.7%
Production & Transportation 18.8%
Sales & Office 17.9%
Other 21.2%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.5%
High School 34.6%
Masters Degree 4.8%
Some College 17.3%
Some High School 15.5%
Other 16.3%

5590 Morning Star Church Rd Comps

Sorry, we do not have sufficient data available.

5590 Morning Star Church Rd, Battleboro, NC 27809 is a single family home of 1,025 sqft. HomeUnion INVESTimateĀ® for 5590 Morning Star Church Rd includes a Price Estimate of $60,459 and a Rent Estimate of $835. This single family home has 4 bedrooms,1 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 16.57% and Total Return of 25.20%. The estimated 1 year forecast in home value for 5590 Morning Star Church Rd is 0.88%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , EDGECOMBE County , or the 27809 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available