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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

6486 Route 47 Davisville, WV 26142

2 Beds 1 Baths 1,088 sqft Built 1950
Last updated:  Dec 26, 2019

INVESTimate

$108,768

$99.7K - $118K

Price Est.

$750

673 - 827

Rent Est.

$105,722  ( -2.8%)   1 YR EST. FORECAST
  
  
  

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6486 Route 47 PROPERTY INFO

FACTS
  • Built In 1950
  • Price/Sqft : $99.97
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,088 sqft
  • Baths : 1 Full

6486 Route 47 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
KANAWHA ELEMENTARY SCHOOL Primary Regular 310 20 NA
HAMILTON MIDDLE SCHOOL Middle Regular 616 35 NA
PARKERSBURG HIGH SCHOOL High Regular 1,829 105 NA

KANAWHA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 310
  • # of teachers: 20
-1
GreatSchools Rating

HAMILTON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 616
  • # of teachers: 35
-1
GreatSchools Rating

PARKERSBURG HIGH SCHOOL

  • Education Level: High
  • # of students: 1,829
  • # of teachers: 105
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

DAVISVILLE

  • 2,376

    POPULATION
  • 995

    HOUSEHOLDS
  • 56.7%

    WHITE COLLAR

Neighborhood : DAVISVILLE

HOUSEHOLDS
995
POPULATION

2,376

27.9%Renters
72.1%Home Owners
LABOR FORCE

 

56.7%White Collar
43.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $750 per month.

MY RENT : $750 MEDIAN RENT : $855

Rent % Distribution LEVEL
$500-699 4.2%
$700-899 53.9%
$900-999 9.7%
$1,000-1,499 19.1%
>=$1,500 13.1%
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 $750 would therefore be considered affordable for annual household incomes greater than $30,000 (12 months x 3.333 x $750).

Rent % Affordability
Above $500 85.7%
Above $700 71.3%
Above $1,100 55.4%
Above $1,500 38.7%
Above $1,900 22.0%
HOUSEHOLD INCOME RANGE

Approximately 2,522 of households in this neighborhood have a total annual income of $30,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $750 per month.

MINIMUM INCOME RANGE : $30,000

Income % Distribution
<$20K 14.3%
$20K-$35K 20.6%
$35K-$60K 26.4%
$60K-$100K 23.3%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 24% 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 0.9%
5-9 mins 10.1%
10-14 mins 13.3%
15-19 mins 19.6%
20-29 mins 40.0%
30-44 mins 12.4%
45-59 mins 3.7%
>60 mins 0.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $750 per month.

MY RENT : $750 MEDIAN RENT : $855

Rent % Distribution
$500-699 4.2%
$700-899 53.9%
$900-999 9.7%
$1,000-1,499 19.1%
>=$1,500 13.1%
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 $750 would therefore be considered affordable for annual household incomes greater than $30,000 (12 months x 3.333 x $750).

Rent % Affordability
Above $500 85.7%
Above $700 71.3%
Above $1,100 55.4%
Above $1,500 38.7%
Above $1,900 22.0%
HOUSEHOLD INCOME RANGE

Approximately 2,522 of households in this neighborhood have a total annual income of $30,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $750 per month.

MINIMUM INCOME RANGE : $30,000

Income % Distribution
<$20K 14.3%
$20K-$35K 20.6%
$35K-$60K 26.4%
$60K-$100K 23.3%
>=$100K 15.4%
COMMUTE TIME DISTRIBUTION

72% of the working population has a commute time of 15 to 44 minutes, 24% 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 0.9%
5-9 mins 10.1%
10-14 mins 13.3%
15-19 mins 19.6%
20-29 mins 40.0%
30-44 mins 12.4%
45-59 mins 3.7%
>60 mins 0.1%

DAVISVILLE Demographics

INDUSTRY

Industry % Distribution
Administrative Support 9.4%
Arts & Entertainment 12.5%
Health Care & Social Assistance 12.8%
Manufacturing 12.2%
Public Administration 9.8%
Retail & Wholesale Trader 13.6%
Other 29.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 26% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 14.1%
15-19 6.7%
20-24 5.0%
25-44 19.5%
45-65 33.0%
66+ 21.7%
OCCUPATION

Occupation % Distribution
Construction 10.7%
Healthcare 13.9%
Management, Business, & Financial 10.1%
Natural Resources Maintenance 14.7%
Production & Transportation 12.5%
Sales & Office 27.3%
Other 10.8%
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 7.9%
High School 35.5%
Masters Degree 4.5%
Some College 23.7%
Some High School 13.1%
Other 15.3%

6486 Route 47 Comps

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6486 Route 47, Davisville, WV 26142 is a single family home of 1,088 sqft. HomeUnion INVESTimateĀ® for 6486 Route 47 includes a Price Estimate of $108,768 and a Rent Estimate of $750. This single family home has 2 bedrooms,1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 8.27% and Total Return of 8.39%. The estimated 1 year forecast in home value for 6486 Route 47 is -2.8%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , WOOD County , or the 26142 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

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  5. 26104