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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

423 Fire Tower Rd Neeses, SC 29107

2 Beds 1 Baths 1,189 sqft Built 1972
Last updated:  Oct 23, 2019

INVESTimate

$111,499

$105K - $118K

Price Est.

$827

711 - 943

Rent Est.

$114,286  ( +2.5%)   1 YR EST. FORECAST
  
  
  

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423 Fire Tower Rd PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $93.78
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,189 sqft
  • Baths : 1 Full

423 Fire Tower 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

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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 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $827 per month.

MY RENT : $827 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 $827 would therefore be considered affordable for annual household incomes greater than $33,080 (12 months x 3.333 x $827).

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 2,500 of households in this neighborhood have a total annual income of $33,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $827 per month.

MINIMUM INCOME RANGE : $33,080

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 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $827 per month.

MY RENT : $827 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 $827 would therefore be considered affordable for annual household incomes greater than $33,080 (12 months x 3.333 x $827).

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 2,500 of households in this neighborhood have a total annual income of $33,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $827 per month.

MINIMUM INCOME RANGE : $33,080

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%

423 Fire Tower Rd Comps

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423 Fire Tower Rd, Neeses, SC 29107 is a single family home of 1,189 sqft. HomeUnion INVESTimateĀ® for 423 Fire Tower Rd includes a Price Estimate of $111,499 and a Rent Estimate of $827. This single family home has 2 bedrooms,1 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 8.90% and Total Return of 18.43%. The estimated 1 year forecast in home value for 423 Fire Tower 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

Nearest zipcodes within 2 miles

  1. 29112
  2. 29117