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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.

223 Rice St Neeses, SC 29107

4 Beds 2 Baths 1,926 sqft Built 1968
Last updated:  Oct 23, 2019

INVESTimate

$56,157

$52.8K - $59.5K

Price Est.

$1,159

$1.0K - $1.3K

Rent Est.

$56,376  ( +0.39%)   1 YR EST. FORECAST

223 Rice St PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $29.16
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,926 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
223 Rice St, Neeses, SC 29107 is a single family home of 1,926 sqft. HomeUnion estimate for 223 Rice St includes a Price Estimate of $56,157 and a Rent Estimate of $1,159. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 24.77% and Total Return of 34.65%. The estimated 1 year forecast in home value for 223 Rice St is 0.39%.
  
  
  

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223 Rice St SCHOOLS

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Financial Details

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Neighborhood

NEESES

  • 2,957

    POPULATION
  • 1,190

    HOUSEHOLDS
  • 45.2%

    WHITE COLLAR

Neighborhood : NEESES

HOUSEHOLDS
1,190
POPULATION

2,957

26.4%Renters
73.6%Home Owners
LABOR FORCE

 

45.2%White Collar
54.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,159 per month.

MY RENT : $1,159 MEDIAN RENT : $889

Rent % Distribution LEVEL
$500-699 1.8%
$700-899 51.6%
$900-999 11.1%
$1,000-1,499 33.2%
>=$1,500 2.4%
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 $1,159 would therefore be considered affordable for annual household incomes greater than $46,360 (12 months x 3.333 x $1,159).

Rent % Affordability
Above $500 69.5%
Above $700 60.4%
Above $1,100 39.5%
Above $1,500 19.9%
Above $1,900 11.0%
HOUSEHOLD INCOME RANGE

Approximately 324 of households in this neighborhood have a total annual income of $46,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,159 per month.

MINIMUM INCOME RANGE : $46,360

Income % Distribution
<$20K 30.5%
$20K-$35K 17.5%
$35K-$60K 32.0%
$60K-$100K 14.5%
>=$100K 5.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 4.0%
10-14 mins 3.8%
15-19 mins 11.3%
20-29 mins 19.0%
30-44 mins 25.0%
45-59 mins 18.8%
>60 mins 15.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,159 per month.

MY RENT : $1,159 MEDIAN RENT : $889

Rent % Distribution
$500-699 1.8%
$700-899 51.6%
$900-999 11.1%
$1,000-1,499 33.2%
>=$1,500 2.4%
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 $1,159 would therefore be considered affordable for annual household incomes greater than $46,360 (12 months x 3.333 x $1,159).

Rent % Affordability
Above $500 69.5%
Above $700 60.4%
Above $1,100 39.5%
Above $1,500 19.9%
Above $1,900 11.0%
HOUSEHOLD INCOME RANGE

Approximately 324 of households in this neighborhood have a total annual income of $46,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,159 per month.

MINIMUM INCOME RANGE : $46,360

Income % Distribution
<$20K 30.5%
$20K-$35K 17.5%
$35K-$60K 32.0%
$60K-$100K 14.5%
>=$100K 5.5%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 4.0%
10-14 mins 3.8%
15-19 mins 11.3%
20-29 mins 19.0%
30-44 mins 25.0%
45-59 mins 18.8%
>60 mins 15.0%

NEESES Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Construction 9.4%
Health Care & Social Assistance 14.7%
Manufacturing 14.6%
Retail & Wholesale Trader 12.9%
Transportation 8.6%
Other 32.6%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 33% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 22.1%
15-19 5.3%
20-24 6.0%
25-44 23.2%
45-65 26.1%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Healthcare 7.6%
Management, Business, & Financial 4.2%
Natural Resources Maintenance 17.7%
Production & Transportation 24.4%
Sales & Office 24.4%
Social 5.4%
Other 16.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.7%
High School 40.6%
Masters Degree 2.2%
Some College 16.9%
Some High School 17.8%
Other 5.8%

223 Rice St Comps

Sorry, we do not have sufficient data available.

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