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This page contains information about each property aggregated from public data sources, 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.

316 Rice St Neeses, SC 29107

4 Beds 1 Baths 1,634 sqft Built 1940
Last updated:  Oct 23, 2019

INVESTimate

$51,430

$48.3K - $54.5K

Price Est.

$1,028

884 - $1.2K

Rent Est.

$51,631  ( +0.39%)   1 YR EST. FORECAST

316 Rice St PROPERTY INFO

FACTS
  • Built In 1940
  • Price/Sqft : $31.47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,634 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
316 Rice St, Neeses, SC 29107 is a single family home of 1,634 sqft. HomeUnion estimate for 316 Rice St includes a Price Estimate of $51,430 and a Rent Estimate of $1,028. This single family home has 4 bedrooms, 1 bathrooms, and was built in 1940. This property has an estimated 15 year annualized Yield of 23.99% and Total Return of 27.75%. The estimated 1 year forecast in home value for 316 Rice St is 0.39%.
  
  
  

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316 Rice St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

NEESES

  • 2,957

    POPULATION
  • 1,190

    HOUSEHOLDS
  • 45.2%

    WHITE COLLAR

Neighborhood : NEESES

HOUSEHOLDS
1,190
POPULATION

2,957

26.4%Renters
73.6%Home Owners
LABOR FORCE

 

45.2%White Collar
54.8%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 $1,028 per month.

MY RENT : $1,028 MEDIAN RENT : $889

Rent % Distribution LEVEL
$500-699 1.8%
$700-899 51.6%
$900-999 11.1%
$1,000-1,499 33.2%
>=$1,500 2.4%
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 $1,028 would therefore be considered affordable for annual household incomes greater than $41,120 (12 months x 3.333 x $1,028).

Rent % Affordability
Above $500 69.5%
Above $700 60.4%
Above $1,100 39.5%
Above $1,500 19.9%
Above $1,900 11.0%
HOUSEHOLD INCOME RANGE

Approximately 357 of households in this neighborhood have a total annual income of $41,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,028 per month.

MINIMUM INCOME RANGE : $41,120

Income % Distribution
<$20K 30.5%
$20K-$35K 17.5%
$35K-$60K 32.0%
$60K-$100K 14.5%
>=$100K 5.5%
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 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 4.0%
10-14 mins 3.8%
15-19 mins 11.3%
20-29 mins 19.0%
30-44 mins 25.0%
45-59 mins 18.8%
>60 mins 15.0%
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 $1,028 per month.

MY RENT : $1,028 MEDIAN RENT : $889

Rent % Distribution
$500-699 1.8%
$700-899 51.6%
$900-999 11.1%
$1,000-1,499 33.2%
>=$1,500 2.4%
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 $1,028 would therefore be considered affordable for annual household incomes greater than $41,120 (12 months x 3.333 x $1,028).

Rent % Affordability
Above $500 69.5%
Above $700 60.4%
Above $1,100 39.5%
Above $1,500 19.9%
Above $1,900 11.0%
HOUSEHOLD INCOME RANGE

Approximately 357 of households in this neighborhood have a total annual income of $41,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,028 per month.

MINIMUM INCOME RANGE : $41,120

Income % Distribution
<$20K 30.5%
$20K-$35K 17.5%
$35K-$60K 32.0%
$60K-$100K 14.5%
>=$100K 5.5%
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 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 4.0%
10-14 mins 3.8%
15-19 mins 11.3%
20-29 mins 19.0%
30-44 mins 25.0%
45-59 mins 18.8%
>60 mins 15.0%

NEESES Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Construction 9.4%
Health Care & Social Assistance 14.7%
Manufacturing 14.6%
Retail & Wholesale Trader 12.9%
Transportation 8.6%
Other 32.6%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 33% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 22.1%
15-19 5.3%
20-24 6.0%
25-44 23.2%
45-65 26.1%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Healthcare 7.6%
Management, Business, & Financial 4.2%
Natural Resources Maintenance 17.7%
Production & Transportation 24.4%
Sales & Office 24.4%
Social 5.4%
Other 16.2%
HIGHEST EDUCATION LEVEL

20% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.7%
High School 40.6%
Masters Degree 2.2%
Some College 16.9%
Some High School 17.8%
Other 5.8%

316 Rice St Comps

Sorry, we do not have sufficient data available.

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