Sell Your Property

Easily Access a network of motivated buyers
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.

...MORE

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.

4656 Crosier Rd Elliston, VA 24087

3 Beds 1 Baths 1,550 sqft Built 1978
Last updated:  Jun 30, 2018

INVESTimate

$171,269

$167K - $175K

Price Est.

$1,149

$1.1K - $1.2K

Rent Est.

$170,293  ( -0.57%)   1 YR EST. FORECAST

4656 Crosier Rd PROPERTY INFO

FACTS
  • Built In 1978
  • Price/Sqft : $110.50
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,550 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
4656 Crosier Rd, Elliston, VA 24087 is a single family home of 1,550 sqft. HomeUnion estimate for 4656 Crosier Rd includes a Price Estimate of $171,269 and a Rent Estimate of $1,149. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 8.05% and Total Return of 13.60%. The estimated 1 year forecast in home value for 4656 Crosier Rd is -0.57%.
  
  
  

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

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $170,000
    • $50,800
    • $1,980
  • 3530 PIEDMONT ROAD Atlanta, GA
    • 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units 2 beds 2 baths ∙ 1,527 Sqft ∙ Built 1976 ∙ 1units
    AVAILABLE fmls
    • 13.73% GROSS YIELD
    • $10,605 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $229,000
    • $66,435
    • $2,620
  • 2942 Walnut Springs Drive Katy, TX
    • 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units 3 beds 2 baths ∙ 1,256 Sqft ∙ Built 1984 ∙ 1units
    AVAILABLE
    • 13.00% GROSS YIELD
    • $6,229 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $120,000
    • $37,550
    • $1,300
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930

4656 Crosier Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EASTERN MONTGOMERY ELEMENTARY SCHOOL Primary Regular 524 33 2
SHAWSVILLE MIDDLE SCHOOL Middle Regular 219 21 3
EASTERN MONTGOMERY HIGH SCHOOL High Regular 284 28 4

EASTERN MONTGOMERY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 524
  • # of teachers: 33
2
GreatSchools Rating

SHAWSVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 219
  • # of teachers: 21
3
GreatSchools Rating

EASTERN MONTGOMERY HIGH SCHOOL

  • Education Level: High
  • # of students: 284
  • # of teachers: 28
4
GreatSchools Rating
 

Financial Details

See Financial Details

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

Already have an account?
Neighborhood

ELLISTON

  • 4,881

    POPULATION
  • 1,546

    HOUSEHOLDS
  • 58.1%

    WHITE COLLAR

Neighborhood : ELLISTON

HOUSEHOLDS
1,546
POPULATION

4,881

19.4%Renters
80.6%Home Owners
LABOR FORCE

 

58.1%White Collar
41.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,110

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.5%
$900-999 20.3%
$1,000-1,499 62.1%
>=$1,500 12.1%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 85.0%
Above $700 73.1%
Above $1,100 56.9%
Above $1,500 37.5%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 671 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 15.0%
$20K-$35K 19.9%
$35K-$60K 27.7%
$60K-$100K 18.3%
>=$100K 19.2%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.8%
10-14 mins 14.8%
15-19 mins 13.1%
20-29 mins 29.1%
30-44 mins 25.2%
45-59 mins 4.1%
>60 mins 8.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,185 per month.

MY RENT : $1,185 MEDIAN RENT : $1,110

Rent % Distribution
$500-699 0.0%
$700-899 5.5%
$900-999 20.3%
$1,000-1,499 62.1%
>=$1,500 12.1%
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 $1,185 would therefore be considered affordable for annual household incomes greater than $47,400 (12 months x 3.333 x $1,185).

Rent % Affordability
Above $500 85.0%
Above $700 73.1%
Above $1,100 56.9%
Above $1,500 37.5%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 671 of households in this neighborhood have a total annual income of $47,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,185 per month.

MINIMUM INCOME RANGE : $47,400

Income % Distribution
<$20K 15.0%
$20K-$35K 19.9%
$35K-$60K 27.7%
$60K-$100K 18.3%
>=$100K 19.2%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.1%
5-9 mins 3.8%
10-14 mins 14.8%
15-19 mins 13.1%
20-29 mins 29.1%
30-44 mins 25.2%
45-59 mins 4.1%
>60 mins 8.8%

ELLISTON Demographics

INDUSTRY

Industry % Distribution
Administrative Support 12.1%
Arts & Entertainment 15.3%
Construction 10.5%
Health Care & Social Assistance 9.5%
Professional & Scientific Tech Services 8.5%
Retail & Wholesale Trader 11.5%
Other 32.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 36% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.7%
15-19 6.4%
20-24 8.6%
25-44 28.8%
45-65 21.9%
66+ 13.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.2%
Healthcare 11.4%
Management, Business, & Financial 11.9%
Natural Resources Maintenance 8.3%
Production & Transportation 11.9%
Sales & Office 17.0%
Other 30.3%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.7%
High School 38.5%
Masters Degree 7.2%
Some College 11.7%
Some High School 24.3%
Other 12.6%

4656 Crosier Rd Comps

Sorry, we do not have sufficient data available.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in VA , MONTGOMERY County , or the 24087 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2