9050 Siler City Glendon Rd PROPERTY INFO
FACTS
- Built In 1986
- Price/Sqft : $168.11
CONSTRUCTION
- Beds : 0
- Floor Size : 812 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
9050 Siler City Glendon Rd, Bear Creek, NC 27207 is a single family home of 812 sqft. HomeUnion estimate for 9050 Siler City Glendon Rd includes a Price Estimate of $136,509 and a Rent Estimate of $781. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 6.87% and Total Return of 17.40%. The estimated 1 year forecast in home value for 9050 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.
9050 Siler City Glendon Rd SCHOOLS
Financial Details
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BEAR CREEK
Neighborhood : BEAR CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 92% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $781 per month.
MY RENT : $781 MEDIAN RENT : $1,162
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 $781 would therefore be considered affordable for annual household incomes greater than $31,240 (12 months x 3.333 x $781).
HOUSEHOLD INCOME RANGE
Approximately 3,558 of households in this neighborhood have a total annual income of $31,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $781 per month.
MINIMUM INCOME RANGE : $31,240
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
BEAR CREEK Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 13.5% |
Educational Services | 8.2% |
Health Care & Social Assistance | 14.3% |
Manufacturing | 17.0% |
Public Administration | 5.2% |
Retail & Wholesale Trader | 10.7% |
Other | 31.2% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 29% is 24 or younger and 19% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.3% |
15-19 | 5.4% |
20-24 | 6.7% |
25-44 | 22.6% |
45-65 | 28.7% |
66+ | 19.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.5% |
Healthcare | 12.0% |
Management, Business, & Financial | 22.2% |
Natural Resources Maintenance | 12.4% |
Production & Transportation | 18.0% |
Sales & Office | 13.9% |
Other | 15.0% |
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 | 10.0% |
High School | 26.8% |
Masters Degree | 4.0% |
Some College | 28.8% |
Some High School | 15.2% |
Other | 15.2% |
9050 Siler City Glendon Rd Comps
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