Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

4040 Ninety Six Rd Neeses, SC 29107

3 Beds 1 Baths 1,132 sqft Built 1955
Last updated:  Nov 28, 2019

INVESTimate

$40,232

$37.8K - $42.7K

Price Est.

$840

722 - 958

Rent Est.

$40,389  ( +0.39%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 8925 CARLA DRIVE Indianapolis, IN
    • 3 beds 1 baths ∙ 1,501 Sqft ∙ Built 1961 3 beds 1 baths ∙ 1,501 Sqft ∙ Built 1961
    AVAILABLE
    • 15.04% GROSS YIELD
    • $6,307 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $75,000
    • $25,625
    • $940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,107 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3810 N LEE ST JACKSONVILLE, FL
    • 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,248 Sqft ∙ Built 2003
    AVAILABLE
    • 15.00% GROSS YIELD
    • $5,476 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $80,000
    • $32,700
    • $1,000
  • 6867 AVILA San Antonio, TX
    • 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1980 3 beds 2 baths ∙ 1,547 Sqft ∙ Built 1980
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,864 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

4040 Ninety Six Rd PROPERTY INFO

FACTS
  • Built In 1955
  • Price/Sqft : $35.54
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,132 sqft
  • Baths : 1 Full

4040 Ninety Six Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HUNTER-KINARD-TYLER ELEMENTARY SCHOOL Primary Regular 342 22 1
HUNTER-KINARD-TYLER HIGH SCHOOL Middle Regular 285 23 2
HUNTER-KINARD-TYLER HIGH SCHOOL High Regular 285 23 2

HUNTER-KINARD-TYLER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 342
  • # of teachers: 22
1
GreatSchools Rating

HUNTER-KINARD-TYLER HIGH SCHOOL

  • Education Level: Middle
  • # of students: 285
  • # of teachers: 23
2
GreatSchools Rating

HUNTER-KINARD-TYLER HIGH SCHOOL

  • Education Level: High
  • # of students: 285
  • # of teachers: 23
2
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

NEESES

  • 2,710

    POPULATION
  • 1,113

    HOUSEHOLDS
  • 40.6%

    WHITE COLLAR

Neighborhood : NEESES

HOUSEHOLDS
1,113
POPULATION

2,710

22.6%Renters
77.4%Home Owners
LABOR FORCE

 

40.6%White Collar
59.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $840 per month.

MY RENT : $840 MEDIAN RENT : $892

Rent % Distribution LEVEL
$500-699 1.5%
$700-899 50.9%
$900-999 11.5%
$1,000-1,499 33.7%
>=$1,500 2.3%
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 $840 would therefore be considered affordable for annual household incomes greater than $33,600 (12 months x 3.333 x $840).

Rent % Affordability
Above $500 69.5%
Above $700 59.7%
Above $1,100 37.9%
Above $1,500 24.6%
Above $1,900 14.5%
HOUSEHOLD INCOME RANGE

Approximately 2,497 of households in this neighborhood have a total annual income of $33,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $840 per month.

MINIMUM INCOME RANGE : $33,600

Income % Distribution
<$20K 30.5%
$20K-$35K 19.2%
$35K-$60K 25.8%
$60K-$100K 17.2%
>=$100K 7.3%
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.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 4.6%
10-14 mins 4.4%
15-19 mins 8.4%
20-29 mins 23.0%
30-44 mins 23.3%
45-59 mins 16.5%
>60 mins 18.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $840 per month.

MY RENT : $840 MEDIAN RENT : $892

Rent % Distribution
$500-699 1.5%
$700-899 50.9%
$900-999 11.5%
$1,000-1,499 33.7%
>=$1,500 2.3%
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 $840 would therefore be considered affordable for annual household incomes greater than $33,600 (12 months x 3.333 x $840).

Rent % Affordability
Above $500 69.5%
Above $700 59.7%
Above $1,100 37.9%
Above $1,500 24.6%
Above $1,900 14.5%
HOUSEHOLD INCOME RANGE

Approximately 2,497 of households in this neighborhood have a total annual income of $33,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $840 per month.

MINIMUM INCOME RANGE : $33,600

Income % Distribution
<$20K 30.5%
$20K-$35K 19.2%
$35K-$60K 25.8%
$60K-$100K 17.2%
>=$100K 7.3%
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.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 4.6%
10-14 mins 4.4%
15-19 mins 8.4%
20-29 mins 23.0%
30-44 mins 23.3%
45-59 mins 16.5%
>60 mins 18.0%

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%

4040 Ninety Six Rd Comps

Sorry, we do not have sufficient data available.

4040 Ninety Six Rd, Neeses, SC 29107 is a single family home of 1,132 sqft. HomeUnion INVESTimateĀ® for 4040 Ninety Six Rd includes a Price Estimate of $40,232 and a Rent Estimate of $840. This single family home has 3 bedrooms,1 bathrooms, and was built in 1955. This property has an estimated 15 year annualized Yield of 25.05% and Total Return of 28.29%. The estimated 1 year forecast in home value for 4040 Ninety Six Rd 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 29107 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 29018
  2. 29113
  3. 29112
  4. 29477