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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

1111 Mount Lebanon Rd Pauline, SC 29374

2 Beds 1 Baths 1,006 sqft Built 0
Last updated:  Nov 28, 2019

INVESTimate

$170,880

$161K - $181K

Price Est.

$648

597 - 699

Rent Est.

$178,604  ( +4.52%)   1 YR EST. FORECAST
  
  
  

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1111 Mount Lebanon Rd PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $169.86
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,006 sqft
  • Baths : 1 Full

1111 Mount Lebanon Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DORMAN HIGH FRESHMAN CAMPUS High Regular 768 48 6

DORMAN HIGH FRESHMAN CAMPUS

  • Education Level: High
  • # of students: 768
  • # of teachers: 48
6
GreatSchools Rating
 

Financial Details

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Neighborhood

PAULINE

  • 3,870

    POPULATION
  • 1,489

    HOUSEHOLDS
  • 62.7%

    WHITE COLLAR

Neighborhood : PAULINE

HOUSEHOLDS
1,489
POPULATION

3,870

17.2%Renters
82.8%Home Owners
LABOR FORCE

 

62.7%White Collar
37.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $648 per month.

MY RENT : $648 MEDIAN RENT : $1,231

Rent % Distribution LEVEL
$500-699 3.5%
$700-899 23.4%
$900-999 13.3%
$1,000-1,499 41.4%
>=$1,500 18.4%
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 $648 would therefore be considered affordable for annual household incomes greater than $25,920 (12 months x 3.333 x $648).

Rent % Affordability
Above $500 84.6%
Above $700 75.7%
Above $1,100 56.7%
Above $1,500 46.7%
Above $1,900 31.6%
HOUSEHOLD INCOME RANGE

Approximately 3,277 of households in this neighborhood have a total annual income of $25,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $648 per month.

MINIMUM INCOME RANGE : $25,920

Income % Distribution
<$20K 15.4%
$20K-$35K 16.4%
$35K-$60K 21.6%
$60K-$100K 23.4%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 8% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 4.2%
10-14 mins 2.8%
15-19 mins 12.8%
20-29 mins 33.0%
30-44 mins 30.4%
45-59 mins 7.0%
>60 mins 8.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $648 per month.

MY RENT : $648 MEDIAN RENT : $1,231

Rent % Distribution
$500-699 3.5%
$700-899 23.4%
$900-999 13.3%
$1,000-1,499 41.4%
>=$1,500 18.4%
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 $648 would therefore be considered affordable for annual household incomes greater than $25,920 (12 months x 3.333 x $648).

Rent % Affordability
Above $500 84.6%
Above $700 75.7%
Above $1,100 56.7%
Above $1,500 46.7%
Above $1,900 31.6%
HOUSEHOLD INCOME RANGE

Approximately 3,277 of households in this neighborhood have a total annual income of $25,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $648 per month.

MINIMUM INCOME RANGE : $25,920

Income % Distribution
<$20K 15.4%
$20K-$35K 16.4%
$35K-$60K 21.6%
$60K-$100K 23.4%
>=$100K 23.3%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 8% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 4.2%
10-14 mins 2.8%
15-19 mins 12.8%
20-29 mins 33.0%
30-44 mins 30.4%
45-59 mins 7.0%
>60 mins 8.4%

PAULINE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.1%
Construction 8.0%
Educational Services 10.2%
Health Care & Social Assistance 12.9%
Manufacturing 22.0%
Retail & Wholesale Trader 15.1%
Other 25.5%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 29% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 15.8%
15-19 6.5%
20-24 7.1%
25-44 27.4%
45-65 29.1%
66+ 14.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.6%
Healthcare 10.6%
Management, Business, & Financial 12.7%
Natural Resources Maintenance 13.6%
Production & Transportation 17.9%
Sales & Office 19.4%
Other 17.2%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.0%
High School 30.9%
Masters Degree 4.8%
Some College 23.0%
Some High School 17.9%
Other 12.4%

1111 Mount Lebanon Rd Comps

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1111 Mount Lebanon Rd, Pauline, SC 29374 is a single family home of 1,006 sqft. HomeUnion INVESTimateĀ® for 1111 Mount Lebanon Rd includes a Price Estimate of $170,880 and a Rent Estimate of $648. This single family home has 2 bedrooms,1 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 4.55% and Total Return of 12.11%. The estimated 1 year forecast in home value for 1111 Mount Lebanon Rd is 4.52%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in SC , SPARTANBURG County , or the 29374 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 29353