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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

291 Elm St Bowman, SC 29018

5 Beds 2 Baths 1,330 sqft Built 1940
Last updated:  Oct 23, 2019

INVESTimate

$124,670

$117K - $132K

Price Est.

$1,041

895 - $1.2K

Rent Est.

$125,156  ( +0.39%)   1 YR EST. FORECAST
  
  
  

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291 Elm St PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $93.74
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,330 sqft
  • Baths : 2 Full

291 Elm St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BETHUNE-BOWMAN ELEMENTARY SCHOOL Primary Regular 343 19 4

BETHUNE-BOWMAN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 343
  • # of teachers: 19
4
GreatSchools Rating
 

Financial Details

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Neighborhood

BOWMAN

  • 3,220

    POPULATION
  • 1,260

    HOUSEHOLDS
  • 38.3%

    WHITE COLLAR

Neighborhood : BOWMAN

HOUSEHOLDS
1,260
POPULATION

3,220

18.9%Renters
81.1%Home Owners
LABOR FORCE

 

38.3%White Collar
61.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,041 per month.

MY RENT : $1,041 MEDIAN RENT : $890

Rent % Distribution LEVEL
$500-699 8.2%
$700-899 43.2%
$900-999 12.2%
$1,000-1,499 33.7%
>=$1,500 2.7%
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 $1,041 would therefore be considered affordable for annual household incomes greater than $41,640 (12 months x 3.333 x $1,041).

Rent % Affordability
Above $500 68.5%
Above $700 56.7%
Above $1,100 41.2%
Above $1,500 29.2%
Above $1,900 21.0%
HOUSEHOLD INCOME RANGE

Approximately 435 of households in this neighborhood have a total annual income of $41,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,041 per month.

MINIMUM INCOME RANGE : $41,640

Income % Distribution
<$20K 31.5%
$20K-$35K 21.8%
$35K-$60K 17.6%
$60K-$100K 15.1%
>=$100K 14.1%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 9.2%
5-9 mins 5.0%
10-14 mins 7.4%
15-19 mins 11.0%
20-29 mins 25.8%
30-44 mins 17.0%
45-59 mins 12.7%
>60 mins 11.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,041 per month.

MY RENT : $1,041 MEDIAN RENT : $890

Rent % Distribution
$500-699 8.2%
$700-899 43.2%
$900-999 12.2%
$1,000-1,499 33.7%
>=$1,500 2.7%
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 $1,041 would therefore be considered affordable for annual household incomes greater than $41,640 (12 months x 3.333 x $1,041).

Rent % Affordability
Above $500 68.5%
Above $700 56.7%
Above $1,100 41.2%
Above $1,500 29.2%
Above $1,900 21.0%
HOUSEHOLD INCOME RANGE

Approximately 435 of households in this neighborhood have a total annual income of $41,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,041 per month.

MINIMUM INCOME RANGE : $41,640

Income % Distribution
<$20K 31.5%
$20K-$35K 21.8%
$35K-$60K 17.6%
$60K-$100K 15.1%
>=$100K 14.1%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 9.2%
5-9 mins 5.0%
10-14 mins 7.4%
15-19 mins 11.0%
20-29 mins 25.8%
30-44 mins 17.0%
45-59 mins 12.7%
>60 mins 11.9%

BOWMAN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 8.8%
Health Care & Social Assistance 14.8%
Manufacturing 20.1%
Public Administration 6.4%
Retail & Wholesale Trader 9.4%
Transportation 11.1%
Other 29.5%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 26% is 24 or younger and 21% is 65 or older.

Age % Distribution
<15 17.3%
15-19 3.9%
20-24 4.7%
25-44 17.7%
45-65 35.3%
66+ 21.1%
OCCUPATION

Occupation % Distribution
Management, Business, & Financial 13.7%
Natural Resources Maintenance 9.4%
PCare 5.6%
Production & Transportation 36.0%
Protect 5.2%
Sales & Office 14.5%
Other 15.6%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.2%
High School 38.1%
Masters Degree 6.5%
Some College 16.9%
Some High School 18.3%
Other 10.0%

291 Elm St Comps

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291 Elm St, Bowman, SC 29018 is a single family home of 1,330 sqft. HomeUnion INVESTimateĀ® for 291 Elm St includes a Price Estimate of $124,670 and a Rent Estimate of $1,041. This single family home has 5 bedrooms,2 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 10.02% and Total Return of 18.32%. The estimated 1 year forecast in home value for 291 Elm St is 0.39%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in SC , ORANGEBURG County , or the 29018 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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