| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 47th | Best |
| Demographics | 18th | Poor |
| Amenities | 41st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1491 Nc Highway 86 N, Yanceyville, NC, 27379, US |
| Region / Metro | Yanceyville |
| Year of Construction | 1982 |
| Units | 20 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1491 NC Highway 86 N Yanceyville 1982, 20-Unit Multifamily
Neighborhood occupancy has trended upward with a high share of renter-occupied units, supporting stable demand, according to WDSuite’s CRE market data. These metrics reflect the surrounding neighborhood rather than the property itself.
Located in an inner-suburb setting of Yanceyville, the neighborhood rates strongly (A) and ranks 2nd among 18 neighborhoods in Caswell County, indicating competitive local fundamentals for workforce housing. Occupancy in the neighborhood has been improving and sits competitively among county neighborhoods, which can support steadier leasing and renewal activity at a 20-unit asset.
Renter-occupied housing comprises a large share of neighborhood units, reinforcing the depth of the tenant base and day-to-day leasing velocity for multifamily owners. Median contract rents in the area are comparatively low, and the rent-to-income relationship indicates manageable affordability pressure for many renters, which can aid retention even if it moderates near-term pricing power.
Within a 3-mile radius, population growth over the past five years combines with smaller average household sizes, a pattern that typically expands the renter pool and supports occupancy stability. Neighborhood home values are lower in absolute terms, but the value-to-income relationship is elevated compared with national norms, suggesting a high-cost ownership market relative to local incomes that can sustain reliance on rental housing.
Everyday convenience is serviceable: groceries and parks score above national midpoints, while cafes and pharmacies are limited. Average school ratings in the neighborhood are low, which investors should weigh in positioning and target renter profiles. Overall amenity depth is not urban-scaled, but the essentials are present for workforce households.
Comparable neighborhood crime data is not available in WDSuite for this location, so no direct safety ranking can be cited. Investors typically benchmark conditions against county and regional trends and evaluate on-the-ground indicators to contextualize leasing risk and retention.
Regional employment anchors within commuting distance include life sciences and apparel headquarters, supporting renter demand through stable administrative and operations roles.
- Laboratory Corp. of America — life sciences & diagnostics (22.5 miles) — HQ
- VF — apparel & lifestyle brands (32.3 miles) — HQ
This 1982 vintage, 20-unit asset aligns with a neighborhood that ranks 2nd of 18 in Caswell County and shows improving occupancy—factors that support durable leasing performance for workforce housing. Based on CRE market data from WDSuite, the surrounding area has a high share of renter-occupied units and manageable rent-to-income pressure, indicating a deep tenant base and potential for steady renewals even if rent growth remains measured.
The property’s vintage suggests room for targeted value-add—modernizations and system updates can enhance competitiveness versus older local stock while maintaining affordability positioning. Within a 3-mile radius, population growth alongside smaller households points to renter pool expansion, while elevated ownership costs relative to local incomes reinforce long-term reliance on rental options.
- Neighborhood ranks 2nd of 18 in the county, indicating competitive fundamentals and occupancy support.
- High renter-occupied share and manageable rent-to-income dynamics support retention and lease stability.
- 1982 vintage offers value-add potential through targeted renovations and system updates.
- 3-mile population growth with smaller households suggests a larger renter pool over time.
- Risks: modest amenity depth, low school ratings, and lower local incomes may temper rent growth.