Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

7 Country Rd Bradford, RI 02808

3 Beds 1 Baths 1,459 sqft Built 1900
Last updated:  Jan 23, 2020

INVESTimate

$266,598

$234K - $299K

Price Est.

$1,441

$1.3K - $1.6K

Rent Est.

$275,129  ( +3.2%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

7 Country Rd PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $182.73
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,459 sqft
  • Baths : 1 Full

7 Country Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WESTERLY HIGH SCHOOL High Regular 983 88 8

WESTERLY HIGH SCHOOL

  • Education Level: High
  • # of students: 983
  • # of teachers: 88
8
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

BRADFORD

  • 2,300

    POPULATION
  • 772

    HOUSEHOLDS
  • 68.8%

    WHITE COLLAR

Neighborhood : BRADFORD

HOUSEHOLDS
772
POPULATION

2,300

20.4%Renters
79.6%Home Owners
LABOR FORCE

 

68.8%White Collar
31.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.

MY RENT : $1,441 MEDIAN RENT : $1,483

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 51.3%
>=$1,500 48.5%
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).

Rent % Affordability
Above $500 89.9%
Above $700 81.9%
Above $1,100 78.6%
Above $1,500 68.4%
Above $1,900 54.4%
HOUSEHOLD INCOME RANGE

Approximately 531 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.

MINIMUM INCOME RANGE : $57,640

Income % Distribution
<$20K 10.1%
$20K-$35K 8.8%
$35K-$60K 12.7%
$60K-$100K 41.9%
>=$100K 26.5%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 3.1%
10-14 mins 15.9%
15-19 mins 20.7%
20-29 mins 25.6%
30-44 mins 20.3%
45-59 mins 9.1%
>60 mins 4.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,441 per month.

MY RENT : $1,441 MEDIAN RENT : $1,483

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.3%
$1,000-1,499 51.3%
>=$1,500 48.5%
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 $1,441 would therefore be considered affordable for annual household incomes greater than $57,640 (12 months x 3.333 x $1,441).

Rent % Affordability
Above $500 89.9%
Above $700 81.9%
Above $1,100 78.6%
Above $1,500 68.4%
Above $1,900 54.4%
HOUSEHOLD INCOME RANGE

Approximately 531 of households in this neighborhood have a total annual income of $57,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,441 per month.

MINIMUM INCOME RANGE : $57,640

Income % Distribution
<$20K 10.1%
$20K-$35K 8.8%
$35K-$60K 12.7%
$60K-$100K 41.9%
>=$100K 26.5%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.0%
5-9 mins 3.1%
10-14 mins 15.9%
15-19 mins 20.7%
20-29 mins 25.6%
30-44 mins 20.3%
45-59 mins 9.1%
>60 mins 4.2%

BRADFORD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 13.3%
Educational Services 13.1%
Health Care & Social Assistance 12.8%
Manufacturing 11.2%
Professional & Scientific Tech Services 17.9%
Retail & Wholesale Trader 13.8%
Other 18.0%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 16.6%
15-19 12.2%
20-24 6.3%
25-44 29.9%
45-65 23.4%
66+ 11.6%
OCCUPATION

Occupation % Distribution
Construction 9.0%
Healthcare 16.4%
Management, Business, & Financial 29.1%
Natural Resources Maintenance 7.9%
Production & Transportation 16.0%
Sales & Office 11.5%
Other 10.1%
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 6.6%
High School 33.3%
Masters Degree 7.8%
Some College 14.9%
Some High School 18.6%
Other 18.8%

7 Country Rd Comps

Sorry, we do not have sufficient data available.

7 Country Rd, Bradford, RI 02808 is a single family home of 1,459 sqft. HomeUnion INVESTimateĀ® for 7 Country Rd includes a Price Estimate of $266,598 and a Rent Estimate of $1,441. This single family home has 3 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 6.49% and Total Return of 16.38%. The estimated 1 year forecast in home value for 7 Country Rd is 3.2%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in RI , WASHINGTON County , or the 02808 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Country Rd

  1. 12 Country Rd
  2. 2 Country Rd
  3. 7 Country Rd

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 02891
  2. 02804
  3. 02813