INVESTimate
$19,916
204 Georgia St PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $26.75
CONSTRUCTION
- Beds : 2
- Floor Size : 1,187 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
204 Georgia St, Honea Path, SC 29654 is a single family home of 1,187 sqft. HomeUnion estimate for 204 Georgia St includes a Price Estimate of $31,757 and a Rent Estimate of $701. This single family home has 2 bedrooms, 0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 26.49% and Total Return of 11.69%. The estimated 1 year forecast in home value for 204 Georgia St is 6.41%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
204 Georgia St SCHOOLS
Financial Details
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HONEA PATH
Neighborhood : HONEA PATH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $701 per month.
MY RENT : $701 MEDIAN RENT : $820
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 $701 would therefore be considered affordable for annual household incomes greater than $28,040 (12 months x 3.333 x $701).
HOUSEHOLD INCOME RANGE
Approximately 9,484 of households in this neighborhood have a total annual income of $28,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $701 per month.
MINIMUM INCOME RANGE : $28,040
COMMUTE TIME DISTRIBUTION
54% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.
HONEA PATH Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 5.6% |
Construction | 6.2% |
Educational Services | 5.6% |
Health Care & Social Assistance | 16.6% |
Manufacturing | 21.0% |
Retail & Wholesale Trader | 18.9% |
Other | 26.2% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 17.7% |
15-19 | 8.6% |
20-24 | 5.8% |
25-44 | 23.8% |
45-65 | 27.0% |
66+ | 17.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.0% |
Healthcare | 10.1% |
Management, Business, & Financial | 12.5% |
Natural Resources Maintenance | 12.0% |
Production & Transportation | 23.3% |
Sales & Office | 20.2% |
Other | 16.9% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.3% |
High School | 38.2% |
Masters Degree | 2.2% |
Some College | 21.8% |
Some High School | 19.6% |
Other | 9.9% |
204 Georgia St Comps
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