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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

1338 Pelican Rd Turbeville, SC 29162

0 Beds 0 Baths 2,400 sqft Built 1980
Last updated:  Jan 23, 2020

INVESTimate

$132,654

$126K - $139K

Price Est.

$1,130

981 - $1.3K

Rent Est.

$132,362  ( -0.22%)   1 YR EST. FORECAST
  
  
  

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1338 Pelican Rd PROPERTY INFO

FACTS
  • Built In 1980
  • Price/Sqft : $55.27
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,400 sqft
  • Baths : 0 Full

1338 Pelican Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALKER-GAMBLE ELEMENTARY SCHOOL Primary Regular 604 38 8
EAST CLARENDON MIDDLE-HIGH SCHOOL Middle Unknown NA
EAST CLARENDON MIDDLE-HIGH SCHOOL High Unknown NA

WALKER-GAMBLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 38
8
GreatSchools Rating

EAST CLARENDON MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

EAST CLARENDON MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

TURBEVILLE

  • 3,665

    POPULATION
  • 1,199

    HOUSEHOLDS
  • 50.5%

    WHITE COLLAR

Neighborhood : TURBEVILLE

HOUSEHOLDS
1,199
POPULATION

3,665

28.0%Renters
72.0%Home Owners
LABOR FORCE

 

50.5%White Collar
49.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,130 per month.

MY RENT : $1,130 MEDIAN RENT : $869

Rent % Distribution LEVEL
$500-699 0.5%
$700-899 58.0%
$900-999 11.2%
$1,000-1,499 29.7%
>=$1,500 0.6%
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 $1,130 would therefore be considered affordable for annual household incomes greater than $45,200 (12 months x 3.333 x $1,130).

Rent % Affordability
Above $500 74.1%
Above $700 62.1%
Above $1,100 46.5%
Above $1,500 29.9%
Above $1,900 21.4%
HOUSEHOLD INCOME RANGE

Approximately 429 of households in this neighborhood have a total annual income of $45,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,130 per month.

MINIMUM INCOME RANGE : $45,200

Income % Distribution
<$20K 25.9%
$20K-$35K 20.4%
$35K-$60K 23.9%
$60K-$100K 17.0%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 7.5%
10-14 mins 9.5%
15-19 mins 12.1%
20-29 mins 31.7%
30-44 mins 21.4%
45-59 mins 6.7%
>60 mins 5.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,130 per month.

MY RENT : $1,130 MEDIAN RENT : $869

Rent % Distribution
$500-699 0.5%
$700-899 58.0%
$900-999 11.2%
$1,000-1,499 29.7%
>=$1,500 0.6%
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 $1,130 would therefore be considered affordable for annual household incomes greater than $45,200 (12 months x 3.333 x $1,130).

Rent % Affordability
Above $500 74.1%
Above $700 62.1%
Above $1,100 46.5%
Above $1,500 29.9%
Above $1,900 21.4%
HOUSEHOLD INCOME RANGE

Approximately 429 of households in this neighborhood have a total annual income of $45,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,130 per month.

MINIMUM INCOME RANGE : $45,200

Income % Distribution
<$20K 25.9%
$20K-$35K 20.4%
$35K-$60K 23.9%
$60K-$100K 17.0%
>=$100K 12.8%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 7.5%
10-14 mins 9.5%
15-19 mins 12.1%
20-29 mins 31.7%
30-44 mins 21.4%
45-59 mins 6.7%
>60 mins 5.8%

TURBEVILLE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.1%
Construction 9.1%
Health Care & Social Assistance 15.0%
Manufacturing 10.4%
Retail & Wholesale Trader 12.6%
Transportation 6.6%
Other 38.2%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 34% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 22.9%
15-19 4.8%
20-24 6.5%
25-44 23.7%
45-65 25.1%
66+ 17.0%
OCCUPATION

Occupation % Distribution
Construction 4.3%
Healthcare 10.0%
Management, Business, & Financial 8.8%
Natural Resources Maintenance 19.3%
Production & Transportation 15.2%
Sales & Office 23.7%
Other 18.8%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.6%
High School 34.6%
Masters Degree 3.6%
Some College 18.7%
Some High School 21.8%
Other 12.8%

1338 Pelican Rd Comps

Sorry, we do not have sufficient data available.

1338 Pelican Rd, Turbeville, SC 29162 is a single family home of 2,400 sqft. HomeUnion INVESTimateĀ® for 1338 Pelican Rd includes a Price Estimate of $132,654 and a Rent Estimate of $1,130. This single family home has 0 bedrooms,0 bathrooms, and was built in 1980. This property has an estimated 15 year annualized Yield of 10.22% and Total Return of 17.44%. The estimated 1 year forecast in home value for 1338 Pelican Rd is -0.22%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in SC , CLARENDON County , or the 29162 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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