INVESTimate
$37,032
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6380 Stewart Rd PROPERTY INFO
FACTS
- Built In 1972
- Price/Sqft : $57.76
CONSTRUCTION
- Beds : 3
- Floor Size : 1,668 sqft
- Baths : 0 Full
6380 Stewart Rd SCHOOLS
Financial Details
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GODWIN
Neighborhood : GODWIN
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $892 per month.
MY RENT : $892 MEDIAN RENT : $890
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 $892 would therefore be considered affordable for annual household incomes greater than $35,680 (12 months x 3.333 x $892).
HOUSEHOLD INCOME RANGE
Approximately 544 of households in this neighborhood have a total annual income of $35,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $892 per month.
MINIMUM INCOME RANGE : $35,680
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.
GODWIN Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 13.4% |
| Educational Services | 7.1% |
| Health Care & Social Assistance | 11.7% |
| Manufacturing | 11.0% |
| Retail & Wholesale Trader | 18.2% |
| Transportation | 8.1% |
| Other | 30.5% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 37% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 24.6% |
| 15-19 | 5.4% |
| 20-24 | 6.6% |
| 25-44 | 24.6% |
| 45-65 | 21.6% |
| 66+ | 17.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 6.1% |
| Healthcare | 8.6% |
| Management, Business, & Financial | 11.3% |
| Natural Resources Maintenance | 18.2% |
| Production & Transportation | 18.3% |
| Sales & Office | 22.7% |
| Other | 14.8% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.9% |
| High School | 37.4% |
| Masters Degree | 2.8% |
| Some College | 24.6% |
| Some High School | 18.6% |
| Other | 6.7% |
6380 Stewart Rd Comps
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6380 Stewart Rd, Godwin, NC 28344 is a single family home of 1,668 sqft. HomeUnion INVESTimateĀ® for 6380 Stewart Rd includes a Price Estimate of $96,347 and a Rent Estimate of $892. This single family home has 3 bedrooms,0 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 11.11% and Total Return of 19.09%. The estimated 1 year forecast in home value for 6380 Stewart Rd is 0.9%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , CUMBERLAND County , or the 28344 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
