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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

2251 Steele Village Rd Rock Hill, SC 29730

3 Beds 2 Baths 1,026 sqft Built 2009
Last updated:  Nov 28, 2019

INVESTimate

$118,197

$112K - $124K

Price Est.

$1,068

$1.0K - $1.1K

Rent Est.

$126,282  ( +6.84%)   1 YR EST. FORECAST
  
  
  

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2251 Steele Village Rd PROPERTY INFO

FACTS
  • Built In 2009
  • Price/Sqft : $115.20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,026 sqft
  • Baths : 2 Full

2251 Steele Village Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LEWISVILLE ELEMENTARY SCHOOL Primary Regular 584 32 NA
LEWISVILLE MIDDLE SCHOOL Middle Regular 309 17 NA
LEWISVILLE HIGH SCHOOL High Regular 396 26 NA

LEWISVILLE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 584
  • # of teachers: 32
-1
GreatSchools Rating

LEWISVILLE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 309
  • # of teachers: 17
-1
GreatSchools Rating

LEWISVILLE HIGH SCHOOL

  • Education Level: High
  • # of students: 396
  • # of teachers: 26
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

ROCK HILL

  • 55,853

    POPULATION
  • 21,692

    HOUSEHOLDS
  • 53.3%

    WHITE COLLAR

Neighborhood : ROCK HILL

HOUSEHOLDS
21,692
POPULATION

55,853

43.1%Renters
56.9%Home Owners
LABOR FORCE

 

53.3%White Collar
46.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,068 per month.

MY RENT : $1,068 MEDIAN RENT : $1,249

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.3%
$900-999 10.4%
$1,000-1,499 73.3%
>=$1,500 15.0%
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 $1,068 would therefore be considered affordable for annual household incomes greater than $42,720 (12 months x 3.333 x $1,068).

Rent % Affordability
Above $500 76.8%
Above $700 67.8%
Above $1,100 50.7%
Above $1,500 35.2%
Above $1,900 25.4%
HOUSEHOLD INCOME RANGE

Approximately 9,185 of households in this neighborhood have a total annual income of $42,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,068 per month.

MINIMUM INCOME RANGE : $42,720

Income % Distribution
<$20K 23.2%
$20K-$35K 16.8%
$35K-$60K 24.9%
$60K-$100K 19.1%
>=$100K 16.1%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 9.4%
10-14 mins 13.8%
15-19 mins 17.2%
20-29 mins 20.4%
30-44 mins 23.5%
45-59 mins 9.4%
>60 mins 4.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 78% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,068 per month.

MY RENT : $1,068 MEDIAN RENT : $1,249

Rent % Distribution
$500-699 0.0%
$700-899 1.3%
$900-999 10.4%
$1,000-1,499 73.3%
>=$1,500 15.0%
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 $1,068 would therefore be considered affordable for annual household incomes greater than $42,720 (12 months x 3.333 x $1,068).

Rent % Affordability
Above $500 76.8%
Above $700 67.8%
Above $1,100 50.7%
Above $1,500 35.2%
Above $1,900 25.4%
HOUSEHOLD INCOME RANGE

Approximately 9,185 of households in this neighborhood have a total annual income of $42,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,068 per month.

MINIMUM INCOME RANGE : $42,720

Income % Distribution
<$20K 23.2%
$20K-$35K 16.8%
$35K-$60K 24.9%
$60K-$100K 19.1%
>=$100K 16.1%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 9.4%
10-14 mins 13.8%
15-19 mins 17.2%
20-29 mins 20.4%
30-44 mins 23.5%
45-59 mins 9.4%
>60 mins 4.4%

ROCK HILL Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.4%
Educational Services 7.4%
Health Care & Social Assistance 9.9%
Manufacturing 16.0%
Retail & Wholesale Trader 17.9%
Transportation 6.0%
Other 32.4%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 36% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 19.7%
15-19 7.2%
20-24 9.1%
25-44 26.6%
45-65 25.4%
66+ 12.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 4.6%
Healthcare 5.8%
Management, Business, & Financial 13.3%
Natural Resources Maintenance 9.0%
Production & Transportation 22.0%
Sales & Office 26.2%
Other 19.1%
HIGHEST EDUCATION LEVEL

16% 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 30.9%
Masters Degree 5.2%
Some College 22.6%
Some High School 15.8%
Other 16.9%

2251 Steele Village Rd Comps

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2251 Steele Village Rd, Rock Hill, SC 29730 is a single family home of 1,026 sqft. HomeUnion INVESTimateĀ® for 2251 Steele Village Rd includes a Price Estimate of $118,197 and a Rent Estimate of $1,068. This single family home has 3 bedrooms,2 bathrooms, and was built in 2009. This property has an estimated 15 year annualized Yield of 10.84% and Total Return of 16.86%. The estimated 1 year forecast in home value for 2251 Steele Village Rd is 6.84%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in SC , CHESTER County , or the 29730 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 29712
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