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This page contains information about each property aggregated from public data sources, 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.

6938 Maple Rd Nw Ash, NC 28420

3 Beds 2 Baths 1,152 sqft Built 1997
Last updated:  Jan 23, 2020

INVESTimate

$84,061

$80.2K - $87.9K

Price Est.

$995

921 - $1.1K

Rent Est.

$87,012  ( +3.51%)   1 YR EST. FORECAST

6938 Maple Rd Nw PROPERTY INFO

FACTS
  • Built In 1997
  • Price/Sqft : $72.97
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,152 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
6938 Maple Rd Nw, Ash, NC 28420 is a single family home of 1,152 sqft. HomeUnion estimate for 6938 Maple Rd Nw includes a Price Estimate of $84,061 and a Rent Estimate of $995. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1997. This property has an estimated 15 year annualized Yield of 14.20% and Total Return of 29.89%. The estimated 1 year forecast in home value for 6938 Maple Rd Nw is 3.51%.
  
  
  

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6938 Maple Rd Nw SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WEST BRUNSWICK HIGH SCHOOL High Regular 1,389 85 6

WEST BRUNSWICK HIGH SCHOOL

  • Education Level: High
  • # of students: 1,389
  • # of teachers: 85
6
GreatSchools Rating
 

Financial Details

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Neighborhood

ASH

  • 4,348

    POPULATION
  • 1,475

    HOUSEHOLDS
  • 46.4%

    WHITE COLLAR

Neighborhood : ASH

HOUSEHOLDS
1,475
POPULATION

4,348

40.6%Renters
59.4%Home Owners
LABOR FORCE

 

46.4%White Collar
53.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $995 per month.

MY RENT : $995 MEDIAN RENT : $1,073

Rent % Distribution LEVEL
$500-699 0.2%
$700-899 22.6%
$900-999 13.4%
$1,000-1,499 56.5%
>=$1,500 7.2%
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 $995 would therefore be considered affordable for annual household incomes greater than $39,800 (12 months x 3.333 x $995).

Rent % Affordability
Above $500 76.1%
Above $700 67.0%
Above $1,100 45.8%
Above $1,500 28.4%
Above $1,900 17.0%
HOUSEHOLD INCOME RANGE

Approximately 556 of households in this neighborhood have a total annual income of $39,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $995 per month.

MINIMUM INCOME RANGE : $39,800

Income % Distribution
<$20K 23.9%
$20K-$35K 20.0%
$35K-$60K 27.7%
$60K-$100K 19.7%
>=$100K 8.7%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 6.5%
10-14 mins 11.9%
15-19 mins 19.0%
20-29 mins 21.2%
30-44 mins 20.2%
45-59 mins 6.7%
>60 mins 12.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $995 per month.

MY RENT : $995 MEDIAN RENT : $1,073

Rent % Distribution
$500-699 0.2%
$700-899 22.6%
$900-999 13.4%
$1,000-1,499 56.5%
>=$1,500 7.2%
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 $995 would therefore be considered affordable for annual household incomes greater than $39,800 (12 months x 3.333 x $995).

Rent % Affordability
Above $500 76.1%
Above $700 67.0%
Above $1,100 45.8%
Above $1,500 28.4%
Above $1,900 17.0%
HOUSEHOLD INCOME RANGE

Approximately 556 of households in this neighborhood have a total annual income of $39,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $995 per month.

MINIMUM INCOME RANGE : $39,800

Income % Distribution
<$20K 23.9%
$20K-$35K 20.0%
$35K-$60K 27.7%
$60K-$100K 19.7%
>=$100K 8.7%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.0%
5-9 mins 6.5%
10-14 mins 11.9%
15-19 mins 19.0%
20-29 mins 21.2%
30-44 mins 20.2%
45-59 mins 6.7%
>60 mins 12.5%

ASH Demographics

INDUSTRY

Industry % Distribution
Administrative Support 15.2%
Arts & Entertainment 11.3%
Construction 18.2%
Health Care & Social Assistance 13.6%
Information 4.5%
Retail & Wholesale Trader 14.0%
Other 23.1%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 25.3%
15-19 6.0%
20-24 2.3%
25-44 28.8%
45-65 24.0%
66+ 13.6%
OCCUPATION

Occupation % Distribution
Clean 12.0%
Healthcare 13.3%
Management, Business, & Financial 11.8%
Natural Resources Maintenance 18.8%
Protect 9.0%
Sales & Office 19.7%
Other 15.5%
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 5.6%
High School 42.4%
Masters Degree 1.8%
Some College 21.2%
Some High School 19.7%
Other 9.4%

6938 Maple Rd Nw Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NC , BRUNSWICK County , or the 28420 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 28452
  2. 28469