INVESTimate
$42,851
253 Kirby Rd PROPERTY INFO
FACTS
- Built In 1955
- Price/Sqft : $68.11
CONSTRUCTION
- Beds : 3
- Floor Size : 1,737 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
253 Kirby Rd, Honea Path, SC 29654 is a single family home of 1,737 sqft. HomeUnion estimate for 253 Kirby Rd includes a Price Estimate of $118,304 and a Rent Estimate of $1,107. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 11.23% and Total Return of 25.29%. The estimated 1 year forecast in home value for 253 Kirby Rd is 6.41%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
253 Kirby Rd SCHOOLS
Financial Details
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HONEA PATH
Neighborhood : HONEA PATH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 17% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,107 per month.
MY RENT : $1,107 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 $1,107 would therefore be considered affordable for annual household incomes greater than $44,280 (12 months x 3.333 x $1,107).
HOUSEHOLD INCOME RANGE
Approximately 1,448 of households in this neighborhood have a total annual income of $44,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,107 per month.
MINIMUM INCOME RANGE : $44,280
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 |
---|---|
Construction | 7.6% |
Educational Services | 6.7% |
Health Care & Social Assistance | 14.5% |
Manufacturing | 20.1% |
Retail & Wholesale Trader | 19.7% |
Transportation | 7.4% |
Other | 24.1% |
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 | 17.6% |
15-19 | 8.4% |
20-24 | 5.9% |
25-44 | 22.8% |
45-65 | 27.9% |
66+ | 17.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 6.3% |
Healthcare | 7.6% |
Management, Business, & Financial | 11.1% |
Natural Resources Maintenance | 13.1% |
Production & Transportation | 24.2% |
Sales & Office | 19.7% |
Other | 18.1% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.8% |
High School | 35.7% |
Masters Degree | 2.4% |
Some College | 22.4% |
Some High School | 19.2% |
Other | 10.5% |
253 Kirby Rd Comps
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