6791 Siler City Glendon Rd PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $64.31
CONSTRUCTION
- Beds : 0
- Floor Size : 2,128 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
6791 Siler City Glendon Rd, Bear Creek, NC 27207 is a single family home of 2,128 sqft. HomeUnion estimate for 6791 Siler City Glendon Rd includes a Price Estimate of $136,851 and a Rent Estimate of $1,062. This single family home has 0 bedrooms, 0 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 9.31% and Total Return of 23.38%. The estimated 1 year forecast in home value for 6791 Siler City Glendon Rd is 4.05%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
6791 Siler City Glendon Rd SCHOOLS
Financial Details
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BEAR CREEK
Neighborhood : BEAR CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,062 per month.
MY RENT : $1,062 MEDIAN RENT : $1,168
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 $1,062 would therefore be considered affordable for annual household incomes greater than $42,480 (12 months x 3.333 x $1,062).
HOUSEHOLD INCOME RANGE
Approximately 646 of households in this neighborhood have a total annual income of $42,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,062 per month.
MINIMUM INCOME RANGE : $42,480
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
BEAR CREEK Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 11.3% |
Educational Services | 8.4% |
Health Care & Social Assistance | 13.8% |
Manufacturing | 17.8% |
Public Administration | 6.0% |
Retail & Wholesale Trader | 11.9% |
Other | 30.9% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 20% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.0% |
15-19 | 5.2% |
20-24 | 5.8% |
25-44 | 23.2% |
45-65 | 28.4% |
66+ | 20.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.0% |
Healthcare | 11.1% |
Management, Business, & Financial | 18.9% |
Natural Resources Maintenance | 13.9% |
Production & Transportation | 18.7% |
Sales & Office | 14.2% |
Other | 17.2% |
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 | 7.8% |
High School | 27.4% |
Masters Degree | 6.4% |
Some College | 28.4% |
Some High School | 16.2% |
Other | 13.7% |
6791 Siler City Glendon Rd Comps
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