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.

750 Matthews Rd Willard, NC 28478

3 Beds 2 Baths 1,372 sqft Built 2009
Last updated:  Jan 23, 2020

INVESTimate

$151,069

$141K - $161K

Price Est.

$894

845 - 943

Rent Est.

$158,683  ( +5.04%)   1 YR EST. FORECAST

750 Matthews Rd PROPERTY INFO

FACTS
  • Built In 2009
  • Price/Sqft : $110.11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,372 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
750 Matthews Rd, Willard, NC 28478 is a single family home of 1,372 sqft. HomeUnion estimate for 750 Matthews Rd includes a Price Estimate of $151,069 and a Rent Estimate of $894. This single family home has 3 bedrooms, 2 bathrooms, and was built in 2009. This property has an estimated 15 year annualized Yield of 7.10% and Total Return of 20.79%. The estimated 1 year forecast in home value for 750 Matthews Rd is 5.04%.
  
  
  

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
  • 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
  • 6714 W FUQUA DRIVE Houston, TX
    • 2 beds 2 baths ∙ 2,500 Sqft ∙ Built 1972 ∙ 2units 2 beds 2 baths ∙ 2,500 Sqft ∙ Built 1972 ∙ 2units
    AVAILABLE
    • 12.01% GROSS YIELD
    • $12,593 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $219,900
    • $69,774
    • $2,200
  • 2228 MEADOWLARK LANE Gainesville, TX
    • 3 beds 2 baths ∙ 1,404 Sqft ∙ Built 2001 ∙ 1units 3 beds 2 baths ∙ 1,404 Sqft ∙ Built 2001 ∙ 1units
    AVAILABLE
    • 11.91% GROSS YIELD
    • $7,753 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $135,000
    • $41,525
    • $1,340

750 Matthews Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
UNION ELEMENTARY SCHOOL Primary Regular 688 44 6
UNION MIDDLE SCHOOL Middle Regular 524 31 3
UNION HIGH SCHOOL High Regular 532 36 2

UNION ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 688
  • # of teachers: 44
6
GreatSchools Rating

UNION MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 524
  • # of teachers: 31
3
GreatSchools Rating

UNION HIGH SCHOOL

  • Education Level: High
  • # of students: 532
  • # of teachers: 36
2
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

WILLARD

  • 4,518

    POPULATION
  • 1,836

    HOUSEHOLDS
  • 48.3%

    WHITE COLLAR

Neighborhood : WILLARD

HOUSEHOLDS
1,836
POPULATION

4,518

16.5%Renters
83.5%Home Owners
LABOR FORCE

 

48.3%White Collar
51.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 29% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $894 per month.

MY RENT : $894 MEDIAN RENT : $858

Rent % Distribution LEVEL
$500-699 3.7%
$700-899 68.9%
$900-999 14.9%
$1,000-1,499 11.7%
>=$1,500 0.7%
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 $894 would therefore be considered affordable for annual household incomes greater than $35,760 (12 months x 3.333 x $894).

Rent % Affordability
Above $500 72.3%
Above $700 62.8%
Above $1,100 40.2%
Above $1,500 24.7%
Above $1,900 16.1%
HOUSEHOLD INCOME RANGE

Approximately 655 of households in this neighborhood have a total annual income of $35,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $894 per month.

MINIMUM INCOME RANGE : $35,760

Income % Distribution
<$20K 27.7%
$20K-$35K 20.5%
$35K-$60K 27.1%
$60K-$100K 16.0%
>=$100K 8.8%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 27% 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 6.0%
5-9 mins 8.2%
10-14 mins 13.1%
15-19 mins 14.1%
20-29 mins 18.0%
30-44 mins 21.4%
45-59 mins 14.5%
>60 mins 4.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 29% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $894 per month.

MY RENT : $894 MEDIAN RENT : $858

Rent % Distribution
$500-699 3.7%
$700-899 68.9%
$900-999 14.9%
$1,000-1,499 11.7%
>=$1,500 0.7%
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 $894 would therefore be considered affordable for annual household incomes greater than $35,760 (12 months x 3.333 x $894).

Rent % Affordability
Above $500 72.3%
Above $700 62.8%
Above $1,100 40.2%
Above $1,500 24.7%
Above $1,900 16.1%
HOUSEHOLD INCOME RANGE

Approximately 655 of households in this neighborhood have a total annual income of $35,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $894 per month.

MINIMUM INCOME RANGE : $35,760

Income % Distribution
<$20K 27.7%
$20K-$35K 20.5%
$35K-$60K 27.1%
$60K-$100K 16.0%
>=$100K 8.8%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 27% 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 6.0%
5-9 mins 8.2%
10-14 mins 13.1%
15-19 mins 14.1%
20-29 mins 18.0%
30-44 mins 21.4%
45-59 mins 14.5%
>60 mins 4.7%

WILLARD Demographics

INDUSTRY

Industry % Distribution
Construction 8.8%
Educational Services 7.2%
Health Care & Social Assistance 14.6%
Manufacturing 13.8%
Retail & Wholesale Trader 12.7%
Transportation 8.5%
Other 34.2%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 19.4%
15-19 6.0%
20-24 6.7%
25-44 18.9%
45-65 32.3%
66+ 16.7%
OCCUPATION

Occupation % Distribution
Construction 5.9%
Healthcare 12.5%
Management, Business, & Financial 9.3%
Natural Resources Maintenance 23.1%
Production & Transportation 17.3%
Sales & Office 12.9%
Other 19.0%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.2%
High School 36.9%
Masters Degree 3.5%
Some College 22.5%
Some High School 15.0%
Other 8.8%

750 Matthews Rd 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 , SAMPSON County , or the 28478 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 28444
  2. 28466