INVESTimate
$49,897
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248 Henry Rd PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $241.49
CONSTRUCTION
- Beds : 2
- Floor Size : 600 sqft
- Baths : 1 Full
248 Henry Rd SCHOOLS
Financial Details
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NEESES
Neighborhood : NEESES
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $908 per month.
MY RENT : $908 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 $908 would therefore be considered affordable for annual household incomes greater than $36,320 (12 months x 3.333 x $908).
HOUSEHOLD INCOME RANGE
Approximately 388 of households in this neighborhood have a total annual income of $36,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $908 per month.
MINIMUM INCOME RANGE : $36,320
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
248 Henry Rd, Neeses, SC 29107 is a single family home of 600 sqft. HomeUnion INVESTimate® for 248 Henry Rd includes a Price Estimate of $144,894 and a Rent Estimate of $908. This single family home has 2 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 7.52% and Total Return of 11.47%. 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