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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.

9164 Number 5 School Rd Nw Ash, NC 28420

3 Beds 2 Baths 1,152 sqft Built 1976
Last updated:  Jan 23, 2020

INVESTimate

$52,075

$49.7K - $54.5K

Price Est.

$947

877 - $1.0K

Rent Est.

$53,903  ( +3.51%)   1 YR EST. FORECAST

9164 Number 5 School Rd Nw PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $45.20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,152 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
9164 Number 5 School Rd Nw, Ash, NC 28420 is a single family home of 1,152 sqft. HomeUnion estimate for 9164 Number 5 School Rd Nw includes a Price Estimate of $52,075 and a Rent Estimate of $947. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 21.82% and Total Return of 35.91%. The estimated 1 year forecast in home value for 9164 Number 5 School Rd Nw is 3.51%.
  
  
  

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9164 Number 5 School Rd Nw SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JESSIE MAE MONROE ELEMENTARY SCHOOL Primary Regular 438 25 4
SHALLOTTE MIDDLE SCHOOL Middle Regular 617 37 7
WEST BRUNSWICK HIGH SCHOOL High Regular 1,389 85 6

JESSIE MAE MONROE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 438
  • # of teachers: 25
4
GreatSchools Rating

SHALLOTTE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 617
  • # of teachers: 37
7
GreatSchools Rating

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 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $947 per month.

MY RENT : $947 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 $947 would therefore be considered affordable for annual household incomes greater than $37,880 (12 months x 3.333 x $947).

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 569 of households in this neighborhood have a total annual income of $37,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $947 per month.

MINIMUM INCOME RANGE : $37,880

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 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $947 per month.

MY RENT : $947 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 $947 would therefore be considered affordable for annual household incomes greater than $37,880 (12 months x 3.333 x $947).

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 569 of households in this neighborhood have a total annual income of $37,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $947 per month.

MINIMUM INCOME RANGE : $37,880

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%

9164 Number 5 School 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. 28467
  2. 28452