Financials
INVESTimate
$45,887
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248 Henry Rd PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $216.27
CONSTRUCTION
- Beds : 2
- Floor Size : 600 sqft
- Baths : 1 Full
248 Henry Rd SCHOOLS
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Financial Details
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NEESES
Neighborhood : NEESES
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 49% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $889 per month.
MY RENT : $889 MEDIAN RENT : $889
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 $889 would therefore be considered affordable for annual household incomes greater than $35,560 (12 months x 3.333 x $889).
HOUSEHOLD INCOME RANGE
Approximately 391 of households in this neighborhood have a total annual income of $35,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $889 per month.
MINIMUM INCOME RANGE : $35,560
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 35% has a commute time of 45 minutes or longer.
NEESES Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 13.3% |
| Educational Services | 6.7% |
| Health Care & Social Assistance | 12.2% |
| Manufacturing | 14.1% |
| Retail & Wholesale Trader | 13.4% |
| Transportation | 9.8% |
| Other | 30.5% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 32% is 24 or younger and 20% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.1% |
| 15-19 | 3.9% |
| 20-24 | 7.3% |
| 25-44 | 22.1% |
| 45-65 | 26.1% |
| 66+ | 19.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 4.4% |
| Healthcare | 6.8% |
| Natural Resources Maintenance | 23.9% |
| Production & Transportation | 24.0% |
| Protect | 3.9% |
| Sales & Office | 22.4% |
| Other | 14.6% |
HIGHEST EDUCATION LEVEL
19% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 15.5% |
| High School | 40.4% |
| Masters Degree | 3.0% |
| Some College | 18.1% |
| Some High School | 16.3% |
| Other | 6.6% |
248 Henry Rd Comps
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248 Henry Rd, Neeses, SC 29107 is a single family home of 600 sqft. HomeUnion INVESTimateĀ® for 248 Henry Rd includes a Price Estimate of $129,763 and a Rent Estimate of $889. This single family home has 2 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 8.22% and Total Return of 16.31%. The estimated 1 year forecast in home value for 248 Henry Rd is 2.5%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in SC , ORANGEBURG County , or the 29107 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
