438 Oliver Scotts Mill Rd PROPERTY INFO
FACTS
- Built In 2015
- Price/Sqft : $54.75
CONSTRUCTION
- Beds : 4
- Floor Size : 3,249 sqft
- Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
438 Oliver Scotts Mill Rd, Honea Path, SC 29654 is a single family home of 3,249 sqft. HomeUnion estimate for 438 Oliver Scotts Mill Rd includes a Price Estimate of $177,890 and a Rent Estimate of $1,904. This single family home has 4 bedrooms, 3 bathrooms, and was built in 2015. This property has an estimated 15 year annualized Yield of 12.84% and Total Return of 34.63%. The estimated 1 year forecast in home value for 438 Oliver Scotts Mill Rd is 6.41%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
438 Oliver Scotts Mill Rd SCHOOLS
Financial Details
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HONEA PATH
Neighborhood : HONEA PATH
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 4% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,904 per month.
MY RENT : $1,904 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 $1,904 would therefore be considered affordable for annual household incomes greater than $76,160 (12 months x 3.333 x $1,904).
HOUSEHOLD INCOME RANGE
Approximately 580 of households in this neighborhood have a total annual income of $76,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,904 per month.
MINIMUM INCOME RANGE : $76,160
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% |
438 Oliver Scotts Mill Rd Comps
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