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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

5680 Mashoes Rd Manns Harbor, NC 27953

3 Beds 2 Baths 1,080 sqft Built 2005
Last updated:  Dec 26, 2019

INVESTimate

$184,394

$172K - $197K

Price Est.

$1,028

898 - $1.2K

Rent Est.

$191,069  ( +3.62%)   1 YR EST. FORECAST
  
  
  

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5680 Mashoes Rd PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $170.74
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,080 sqft
  • Baths : 2 Full

5680 Mashoes Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MANTEO ELEMENTARY SCHOOL Primary Regular 720 51 5
MANTEO MIDDLE SCHOOL Middle Regular 349 30 7
MANTEO HIGH SCHOOL High Regular 463 37 7

MANTEO ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 720
  • # of teachers: 51
5
GreatSchools Rating

MANTEO MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 349
  • # of teachers: 30
7
GreatSchools Rating

MANTEO HIGH SCHOOL

  • Education Level: High
  • # of students: 463
  • # of teachers: 37
7
GreatSchools Rating
 

Financial Details

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Neighborhood

MANNS HARBOR

  • 1,003

    POPULATION
  • 421

    HOUSEHOLDS
  • 47.7%

    WHITE COLLAR

Neighborhood : MANNS HARBOR

HOUSEHOLDS
421
POPULATION

1,003

39.6%Renters
60.4%Home Owners
LABOR FORCE

 

47.7%White Collar
52.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,028 per month.

MY RENT : $1,028 MEDIAN RENT : $945

Rent % Distribution LEVEL
$500-699 21.1%
$700-899 23.2%
$900-999 11.8%
$1,000-1,499 33.6%
>=$1,500 10.4%
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 $1,028 would therefore be considered affordable for annual household incomes greater than $41,120 (12 months x 3.333 x $1,028).

Rent % Affordability
Above $500 79.2%
Above $700 71.8%
Above $1,100 49.8%
Above $1,500 29.1%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 175 of households in this neighborhood have a total annual income of $41,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,028 per month.

MINIMUM INCOME RANGE : $41,120

Income % Distribution
<$20K 20.8%
$20K-$35K 9.8%
$35K-$60K 40.3%
$60K-$100K 15.5%
>=$100K 13.6%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.8%
5-9 mins 7.0%
10-14 mins 14.9%
15-19 mins 25.8%
20-29 mins 17.6%
30-44 mins 24.6%
45-59 mins 3.9%
>60 mins 0.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,028 per month.

MY RENT : $1,028 MEDIAN RENT : $945

Rent % Distribution
$500-699 21.1%
$700-899 23.2%
$900-999 11.8%
$1,000-1,499 33.6%
>=$1,500 10.4%
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 $1,028 would therefore be considered affordable for annual household incomes greater than $41,120 (12 months x 3.333 x $1,028).

Rent % Affordability
Above $500 79.2%
Above $700 71.8%
Above $1,100 49.8%
Above $1,500 29.1%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 175 of households in this neighborhood have a total annual income of $41,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,028 per month.

MINIMUM INCOME RANGE : $41,120

Income % Distribution
<$20K 20.8%
$20K-$35K 9.8%
$35K-$60K 40.3%
$60K-$100K 15.5%
>=$100K 13.6%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.8%
5-9 mins 7.0%
10-14 mins 14.9%
15-19 mins 25.8%
20-29 mins 17.6%
30-44 mins 24.6%
45-59 mins 3.9%
>60 mins 0.4%

MANNS HARBOR Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.0%
Construction 6.6%
Information 6.9%
Manufacturing 9.1%
Retail & Wholesale Trader 28.1%
Transportation 10.0%
Other 29.3%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 15.2%
15-19 11.3%
20-24 4.1%
25-44 25.7%
45-65 26.6%
66+ 17.1%
OCCUPATION

Occupation % Distribution
Education 5.3%
Healthcare 7.0%
Natural Resources Maintenance 16.1%
Production & Transportation 18.1%
Protect 5.0%
Sales & Office 41.2%
Other 7.3%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.4%
High School 40.9%
Masters Degree 0.3%
Some College 31.0%
Some High School 14.3%
Other 7.1%

5680 Mashoes Rd Comps

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5680 Mashoes Rd, Manns Harbor, NC 27953 is a single family home of 1,080 sqft. HomeUnion INVESTimateĀ® for 5680 Mashoes Rd includes a Price Estimate of $184,394 and a Rent Estimate of $1,028. This single family home has 3 bedrooms,2 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 6.69% and Total Return of 17.25%. The estimated 1 year forecast in home value for 5680 Mashoes Rd is 3.62%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , DARE County , or the 27953 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

No Zipcodes available