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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

302 Mallard Dr Greensboro, MD 21639

0 Beds 3 Baths 1,904 sqft Built 2004
Last updated:  Jun 30, 2018

INVESTimate

$140,850

$131K - $151K

Price Est.

$1,459

$1.3K - $1.6K

Rent Est.

$142,822  ( +1.4%)   1 YR EST. FORECAST
  
  
  

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302 Mallard Dr PROPERTY INFO

FACTS
  • Built In 2004
  • Price/Sqft : $73.98
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,904 sqft
  • Baths : 2 Full 1 Half

302 Mallard Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GREENSBORO ELEMENTARY SCHOOL Primary Regular 724 54 NA
LOCKERMAN MIDDLE SCHOOL Middle Regular 773 56 NA
NORTH CAROLINE HIGH SCHOOL High Regular 1,049 65 NA

GREENSBORO ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 724
  • # of teachers: 54
-1
GreatSchools Rating

LOCKERMAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 773
  • # of teachers: 56
-1
GreatSchools Rating

NORTH CAROLINE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,049
  • # of teachers: 65
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

GREENSBORO

  • 4,472

    POPULATION
  • 1,581

    HOUSEHOLDS
  • 50.7%

    WHITE COLLAR

Neighborhood : GREENSBORO

HOUSEHOLDS
1,581
POPULATION

4,472

30.7%Renters
69.3%Home Owners
LABOR FORCE

 

50.7%White Collar
49.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,457 per month.

MY RENT : $1,457 MEDIAN RENT : $1,276

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.0%
$900-999 19.8%
$1,000-1,499 58.7%
>=$1,500 20.4%
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 $1,457 would therefore be considered affordable for annual household incomes greater than $58,280 (12 months x 3.333 x $1,457).

Rent % Affordability
Above $500 83.6%
Above $700 73.5%
Above $1,100 60.6%
Above $1,500 46.6%
Above $1,900 33.5%
HOUSEHOLD INCOME RANGE

Approximately 747 of households in this neighborhood have a total annual income of $58,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,457 per month.

MINIMUM INCOME RANGE : $58,280

Income % Distribution
<$20K 16.4%
$20K-$35K 15.7%
$35K-$60K 21.3%
$60K-$100K 25.4%
>=$100K 21.2%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 4.1%
10-14 mins 10.3%
15-19 mins 15.6%
20-29 mins 11.7%
30-44 mins 29.9%
45-59 mins 13.0%
>60 mins 14.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 26% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,457 per month.

MY RENT : $1,457 MEDIAN RENT : $1,276

Rent % Distribution
$500-699 0.0%
$700-899 1.0%
$900-999 19.8%
$1,000-1,499 58.7%
>=$1,500 20.4%
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 $1,457 would therefore be considered affordable for annual household incomes greater than $58,280 (12 months x 3.333 x $1,457).

Rent % Affordability
Above $500 83.6%
Above $700 73.5%
Above $1,100 60.6%
Above $1,500 46.6%
Above $1,900 33.5%
HOUSEHOLD INCOME RANGE

Approximately 747 of households in this neighborhood have a total annual income of $58,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,457 per month.

MINIMUM INCOME RANGE : $58,280

Income % Distribution
<$20K 16.4%
$20K-$35K 15.7%
$35K-$60K 21.3%
$60K-$100K 25.4%
>=$100K 21.2%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 4.1%
10-14 mins 10.3%
15-19 mins 15.6%
20-29 mins 11.7%
30-44 mins 29.9%
45-59 mins 13.0%
>60 mins 14.0%

GREENSBORO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.8%
Construction 14.1%
Educational Services 7.7%
Health Care & Social Assistance 14.3%
Manufacturing 8.1%
Retail & Wholesale Trader 16.3%
Other 30.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 35% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 22.8%
15-19 7.8%
20-24 4.5%
25-44 27.1%
45-65 25.3%
66+ 12.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.4%
Construction 5.4%
Management, Business, & Financial 12.2%
Natural Resources Maintenance 19.2%
Production & Transportation 14.4%
Sales & Office 23.1%
Other 19.4%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 45.8%
Masters Degree 5.9%
Some College 17.0%
Some High School 12.8%
Other 11.1%

302 Mallard Dr Comps

Sorry, we do not have sufficient data available.

302 Mallard Dr, Greensboro, MD 21639 is a single family home of 1,904 sqft. HomeUnion INVESTimateĀ® for 302 Mallard Dr includes a Price Estimate of $140,850 and a Rent Estimate of $1,459. This single family home has 0 bedrooms,3 bathrooms, and was built in 2004. This property has an estimated 15 year annualized Yield of 12.43% and Total Return of 22.60%. The estimated 1 year forecast in home value for 302 Mallard Dr is 1.4%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in MD , CAROLINE County , or the 21639 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2