INVESTimate
$35,952
34 Horseshoe Ln PROPERTY INFO
FACTS
- Built In 1971
- Price/Sqft : $97.85
CONSTRUCTION
- Beds : 3
- Floor Size : 943 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
34 Horseshoe Ln, Greenville, VA 24440 is a single family home of 943 sqft. HomeUnion estimate for 34 Horseshoe Ln includes a Price Estimate of $92,271 and a Rent Estimate of $986. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 12.82% and Total Return of 23.68%. The estimated 1 year forecast in home value for 34 Horseshoe Ln is 0%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
34 Horseshoe Ln SCHOOLS
Financial Details
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GREENVILLE
Neighborhood : GREENVILLE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $943 per month.
MY RENT : $943 MEDIAN RENT : $1,283
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 $943 would therefore be considered affordable for annual household incomes greater than $37,720 (12 months x 3.333 x $943).
HOUSEHOLD INCOME RANGE
Approximately 512 of households in this neighborhood have a total annual income of $37,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $943 per month.
MINIMUM INCOME RANGE : $37,720
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.
GREENVILLE Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.0% |
Educational Services | 10.7% |
Health Care & Social Assistance | 10.2% |
Manufacturing | 17.3% |
Public Administration | 10.7% |
Retail & Wholesale Trader | 17.7% |
Other | 23.5% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 29% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.9% |
15-19 | 4.3% |
20-24 | 9.0% |
25-44 | 22.2% |
45-65 | 32.9% |
66+ | 15.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 9.6% |
Management, Business, & Financial | 8.9% |
Natural Resources Maintenance | 13.6% |
Production & Transportation | 23.9% |
Protect | 9.0% |
Sales & Office | 16.9% |
Other | 18.0% |
HIGHEST EDUCATION LEVEL
9% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 4.5% |
High School | 46.6% |
Masters Degree | 2.4% |
Some College | 23.2% |
Some High School | 13.9% |
Other | 9.4% |
34 Horseshoe Ln Comps
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