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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

562 Nc Highway 142 W Bethel, NC 27812

3 Beds 2 Baths 1,768 sqft Built 1998
Last updated:  Oct 23, 2019

INVESTimate

$105,147

$99.6K - $111K

Price Est.

$944

879 - $1.0K

Rent Est.

$109,037  ( +3.7%)   1 YR EST. FORECAST
  
  
  

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562 Nc Highway 142 W PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $59.47
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,768 sqft
  • Baths : 2 Full

562 Nc Highway 142 W SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PRINCEVILLE ELEMENTARY SCHOOL Primary Regular 401 23 NA
W A PATTILLO SCHOOL Middle Regular 587 33 NA
NORTH EDGECOMBE HIGH SCHOOL High Regular 357 29 NA

PRINCEVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 401
  • # of teachers: 23
-1
GreatSchools Rating

W A PATTILLO SCHOOL

  • Education Level: Middle
  • # of students: 587
  • # of teachers: 33
-1
GreatSchools Rating

NORTH EDGECOMBE HIGH SCHOOL

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

Financial Details

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Neighborhood

BETHEL

  • 2,572

    POPULATION
  • 1,096

    HOUSEHOLDS
  • 55.8%

    WHITE COLLAR

Neighborhood : BETHEL

HOUSEHOLDS
1,096
POPULATION

2,572

26.7%Renters
73.3%Home Owners
LABOR FORCE

 

55.8%White Collar
44.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $944 per month.

MY RENT : $944 MEDIAN RENT : $938

Rent % Distribution LEVEL
$500-699 10.0%
$700-899 21.7%
$900-999 37.5%
$1,000-1,499 27.5%
>=$1,500 3.3%
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 $944 would therefore be considered affordable for annual household incomes greater than $37,760 (12 months x 3.333 x $944).

Rent % Affordability
Above $500 73.2%
Above $700 58.5%
Above $1,100 43.0%
Above $1,500 30.5%
Above $1,900 20.6%
HOUSEHOLD INCOME RANGE

Approximately 417 of households in this neighborhood have a total annual income of $37,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $944 per month.

MINIMUM INCOME RANGE : $37,760

Income % Distribution
<$20K 26.8%
$20K-$35K 22.2%
$35K-$60K 20.5%
$60K-$100K 21.5%
>=$100K 9.0%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.1%
5-9 mins 6.1%
10-14 mins 6.6%
15-19 mins 15.1%
20-29 mins 28.7%
30-44 mins 26.2%
45-59 mins 3.7%
>60 mins 8.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 52% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $944 per month.

MY RENT : $944 MEDIAN RENT : $938

Rent % Distribution
$500-699 10.0%
$700-899 21.7%
$900-999 37.5%
$1,000-1,499 27.5%
>=$1,500 3.3%
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 $944 would therefore be considered affordable for annual household incomes greater than $37,760 (12 months x 3.333 x $944).

Rent % Affordability
Above $500 73.2%
Above $700 58.5%
Above $1,100 43.0%
Above $1,500 30.5%
Above $1,900 20.6%
HOUSEHOLD INCOME RANGE

Approximately 417 of households in this neighborhood have a total annual income of $37,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $944 per month.

MINIMUM INCOME RANGE : $37,760

Income % Distribution
<$20K 26.8%
$20K-$35K 22.2%
$35K-$60K 20.5%
$60K-$100K 21.5%
>=$100K 9.0%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.1%
5-9 mins 6.1%
10-14 mins 6.6%
15-19 mins 15.1%
20-29 mins 28.7%
30-44 mins 26.2%
45-59 mins 3.7%
>60 mins 8.5%

BETHEL Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.4%
Construction 7.1%
Educational Services 13.2%
Health Care & Social Assistance 13.0%
Manufacturing 14.6%
Retail & Wholesale Trader 18.3%
Other 27.3%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 24% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 13.2%
15-19 4.4%
20-24 6.2%
25-44 18.5%
45-65 32.9%
66+ 24.7%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.2%
Construction 6.5%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 16.9%
Production & Transportation 19.3%
Sales & Office 28.1%
Other 13.1%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.0%
High School 30.1%
Masters Degree 3.1%
Some College 21.0%
Some High School 22.3%
Other 14.4%

562 Nc Highway 142 W Comps

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562 Nc Highway 142 W, Bethel, NC 27812 is a single family home of 1,768 sqft. HomeUnion INVESTimateĀ® for 562 Nc Highway 142 W includes a Price Estimate of $105,147 and a Rent Estimate of $944. This single family home has 3 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 10.77% and Total Return of 22.38%. The estimated 1 year forecast in home value for 562 Nc Highway 142 W is 3.7%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , EDGECOMBE County , or the 27812 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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