Sell Your Property

Easily Access a network of motivated buyers
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.

...MORE

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.

7141 Old Oak Rd Nw Ash, NC 28420

3 Beds 2 Baths 2,389 sqft Built 2009
Last updated:  Jan 23, 2020

INVESTimate

$261,622

$250K - $273K

Price Est.

$1,526

$1.4K - $1.6K

Rent Est.

$270,805  ( +3.51%)   1 YR EST. FORECAST

7141 Old Oak Rd Nw PROPERTY INFO

FACTS
  • Built In 2009
  • Price/Sqft : $109.51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,389 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
7141 Old Oak Rd Nw, Ash, NC 28420 is a single family home of 2,389 sqft. HomeUnion estimate for 7141 Old Oak Rd Nw includes a Price Estimate of $261,622 and a Rent Estimate of $1,526. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2009. This property has an estimated 15 year annualized Yield of 7.00% and Total Return of 19.24%. The estimated 1 year forecast in home value for 7141 Old Oak Rd Nw is 3.51%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 2942 WALNUT SPRINGS DRIVE Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930

7141 Old Oak 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

See Financial Details

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

Already have an account?
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 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,526 per month.

MY RENT : $1,526 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 $1,526 would therefore be considered affordable for annual household incomes greater than $61,040 (12 months x 3.333 x $1,526).

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 241 of households in this neighborhood have a total annual income of $61,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,526 per month.

MINIMUM INCOME RANGE : $61,040

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 7% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,526 per month.

MY RENT : $1,526 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 $1,526 would therefore be considered affordable for annual household incomes greater than $61,040 (12 months x 3.333 x $1,526).

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 241 of households in this neighborhood have a total annual income of $61,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,526 per month.

MINIMUM INCOME RANGE : $61,040

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%

7141 Old Oak Rd Nw Comps

Sorry, we do not have sufficient data available.

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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 28452