1. < Nc 97

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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

6502 Nc 97 W Battleboro, NC 27809

3 Beds 2 Baths 1,728 sqft Built 1994
Last updated:  Oct 23, 2019

INVESTimate

$100,443

$95.2K - $106K

Price Est.

$903

822 - 984

Rent Est.

$38,117

Investment Est.

$101,327  ( +0.88%)   1 YR EST. FORECAST

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6502 Nc 97 W PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $58.13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,728 sqft
  • Baths : 2 Full

6502 Nc 97 W 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

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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 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $903 per month.

MY RENT : $903 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 $903 would therefore be considered affordable for annual household incomes greater than $36,120 (12 months x 3.333 x $903).

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 817 of households in this neighborhood have a total annual income of $36,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $903 per month.

MINIMUM INCOME RANGE : $36,120

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 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $903 per month.

MY RENT : $903 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 $903 would therefore be considered affordable for annual household incomes greater than $36,120 (12 months x 3.333 x $903).

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 817 of households in this neighborhood have a total annual income of $36,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $903 per month.

MINIMUM INCOME RANGE : $36,120

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%
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%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% 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%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??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%

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%

6502 Nc 97 W Comps

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6502 Nc 97 W, Battleboro, NC 27809 is a single family home of 1,728 sqft. HomeUnion INVESTimateĀ® for 6502 Nc 97 W includes a Price Estimate of $100,443 and a Rent Estimate of $903. This single family home has 3 bedrooms,2 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 10.79% and Total Return of 16.88%. The estimated 1 year forecast in home value for 6502 Nc 97 W 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

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