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

First St Loc 102-28 Mount Clare, WV 26408

2 Beds 1 Baths 1,561 sqft Built 1900
Last updated:  Oct 23, 2019

INVESTimate

$164,120

$150K - $179K

Price Est.

$798

719 - 877

Rent Est.

$172,441  ( +5.07%)   1 YR EST. FORECAST
  
  
  

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

  • 1927 MACONDRAY DRIVE Humble, TX
    • 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units
    AVAILABLE
    • 19.65% GROSS YIELD
    • $7,394 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $95,900
    • $31,164
    • $1,570
  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 4338 KENMORE ROAD Indianapolis, IN
    • 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units
    AVAILABLE
    • 14.13% GROSS YIELD
    • $6,112 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,000
    • $26,685
    • $930
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450

First St Loc 102-28 PROPERTY INFO

FACTS
  • Built In 1900
  • Price/Sqft : $105.14
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,561 sqft
  • Baths : 1 Full

First St Loc 102-28 SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

MOUNT CLARE

  • 2,983

    POPULATION
  • 1,163

    HOUSEHOLDS
  • 59.6%

    WHITE COLLAR

Neighborhood : MOUNT CLARE

HOUSEHOLDS
1,163
POPULATION

2,983

15.4%Renters
84.6%Home Owners
LABOR FORCE

 

59.6%White Collar
40.4%Blue Collar
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 $798 per month.

MY RENT : $798 MEDIAN RENT : $1,154

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 16.1%
$900-999 14.6%
$1,000-1,499 36.1%
>=$1,500 33.2%
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 $798 would therefore be considered affordable for annual household incomes greater than $31,920 (12 months x 3.333 x $798).

Rent % Affordability
Above $500 87.4%
Above $700 81.7%
Above $1,100 64.5%
Above $1,500 51.9%
Above $1,900 40.7%
HOUSEHOLD INCOME RANGE

Approximately 2,130 of households in this neighborhood have a total annual income of $31,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $798 per month.

MINIMUM INCOME RANGE : $31,920

Income % Distribution
<$20K 12.6%
$20K-$35K 11.9%
$35K-$60K 23.6%
$60K-$100K 24.5%
>=$100K 27.4%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 9.6%
10-14 mins 15.1%
15-19 mins 18.6%
20-29 mins 34.5%
30-44 mins 12.0%
45-59 mins 1.4%
>60 mins 5.3%
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 $798 per month.

MY RENT : $798 MEDIAN RENT : $1,154

Rent % Distribution
$500-699 0.0%
$700-899 16.1%
$900-999 14.6%
$1,000-1,499 36.1%
>=$1,500 33.2%
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 $798 would therefore be considered affordable for annual household incomes greater than $31,920 (12 months x 3.333 x $798).

Rent % Affordability
Above $500 87.4%
Above $700 81.7%
Above $1,100 64.5%
Above $1,500 51.9%
Above $1,900 40.7%
HOUSEHOLD INCOME RANGE

Approximately 2,130 of households in this neighborhood have a total annual income of $31,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $798 per month.

MINIMUM INCOME RANGE : $31,920

Income % Distribution
<$20K 12.6%
$20K-$35K 11.9%
$35K-$60K 23.6%
$60K-$100K 24.5%
>=$100K 27.4%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.5%
5-9 mins 9.6%
10-14 mins 15.1%
15-19 mins 18.6%
20-29 mins 34.5%
30-44 mins 12.0%
45-59 mins 1.4%
>60 mins 5.3%

MOUNT CLARE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.2%
Construction 5.8%
Health Care & Social Assistance 16.4%
Professional & Scientific Tech Services 9.1%
Public Administration 12.4%
Retail & Wholesale Trader 16.6%
Other 31.5%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 27% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 17.6%
15-19 5.3%
20-24 4.4%
25-44 24.3%
45-65 31.0%
66+ 17.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.6%
Healthcare 10.3%
Management, Business, & Financial 15.2%
Natural Resources Maintenance 11.3%
Production & Transportation 11.6%
Sales & Office 22.6%
Other 18.3%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 36.0%
Masters Degree 6.5%
Some College 21.0%
Some High School 9.2%
Other 17.9%

First St Loc 102-28 Comps

Sorry, we do not have sufficient data available.

First St Loc 102-28, Mount Clare, WV 26408 is a single family home of 1,561 sqft. HomeUnion INVESTimateĀ® for First St Loc 102-28 includes a Price Estimate of $164,120 and a Rent Estimate of $798. This single family home has 2 bedrooms,1 bathrooms, and was built in 1900. This property has an estimated 15 year annualized Yield of 5.83% and Total Return of 15.78%. The estimated 1 year forecast in home value for First St Loc 102-28 is 5.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in WV , HARRISON County , or the 26408 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on First St Loc

  1. First St Loc 102-17
  2. First St Loc 102-28
  3. First St Loc 102-41
  4. First St Loc 102-45