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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

6437 Carolina Hwy Denmark, SC 29042

0 Beds 0 Baths 1,779 sqft Built 0
Last updated:  Jan 23, 2020

INVESTimate

$63,895

$60.7K - $67.1K

Price Est.

$941

809 - $1.1K

Rent Est.

$63,895  ( 0%)   1 YR EST. FORECAST
  
  
  

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6437 Carolina Hwy PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $35.92
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,779 sqft
  • Baths : 0 Full

6437 Carolina Hwy SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DENMARK-OLAR MIDDLE SCHOOL Middle Regular 185 12 3
DENMARK OLAR HIGH SCHOOL High Regular 237 2

DENMARK-OLAR MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 185
  • # of teachers: 12
3
GreatSchools Rating

DENMARK OLAR HIGH SCHOOL

  • Education Level: High
  • # of students: 237
  • # of teachers: 0
2
GreatSchools Rating
 

Financial Details

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Neighborhood

DENMARK

  • 5,249

    POPULATION
  • 1,845

    HOUSEHOLDS
  • 47.3%

    WHITE COLLAR

Neighborhood : DENMARK

HOUSEHOLDS
1,845
POPULATION

5,249

31.1%Renters
68.9%Home Owners
LABOR FORCE

 

47.3%White Collar
52.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 8% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $941 per month.

MY RENT : $941 MEDIAN RENT : $727

Rent % Distribution LEVEL
$500-699 30.1%
$700-899 60.6%
$900-999 2.9%
$1,000-1,499 6.1%
>=$1,500 0.3%
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 $941 would therefore be considered affordable for annual household incomes greater than $37,640 (12 months x 3.333 x $941).

Rent % Affordability
Above $500 63.7%
Above $700 48.0%
Above $1,100 32.9%
Above $1,500 25.9%
Above $1,900 18.9%
HOUSEHOLD INCOME RANGE

Approximately 578 of households in this neighborhood have a total annual income of $37,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $941 per month.

MINIMUM INCOME RANGE : $37,640

Income % Distribution
<$20K 36.3%
$20K-$35K 23.2%
$35K-$60K 14.6%
$60K-$100K 14.3%
>=$100K 11.6%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 22.5%
10-14 mins 15.3%
15-19 mins 9.8%
20-29 mins 16.0%
30-44 mins 11.9%
45-59 mins 16.3%
>60 mins 4.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 8% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $941 per month.

MY RENT : $941 MEDIAN RENT : $727

Rent % Distribution
$500-699 30.1%
$700-899 60.6%
$900-999 2.9%
$1,000-1,499 6.1%
>=$1,500 0.3%
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 $941 would therefore be considered affordable for annual household incomes greater than $37,640 (12 months x 3.333 x $941).

Rent % Affordability
Above $500 63.7%
Above $700 48.0%
Above $1,100 32.9%
Above $1,500 25.9%
Above $1,900 18.9%
HOUSEHOLD INCOME RANGE

Approximately 578 of households in this neighborhood have a total annual income of $37,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $941 per month.

MINIMUM INCOME RANGE : $37,640

Income % Distribution
<$20K 36.3%
$20K-$35K 23.2%
$35K-$60K 14.6%
$60K-$100K 14.3%
>=$100K 11.6%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 22.5%
10-14 mins 15.3%
15-19 mins 9.8%
20-29 mins 16.0%
30-44 mins 11.9%
45-59 mins 16.3%
>60 mins 4.7%

DENMARK Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 6.7%
Construction 9.2%
Educational Services 19.8%
Health Care & Social Assistance 6.8%
Manufacturing 24.0%
Retail & Wholesale Trader 13.1%
Other 20.3%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 38% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 13.3%
15-19 9.3%
20-24 15.8%
25-44 19.0%
45-65 23.5%
66+ 19.1%
OCCUPATION

Occupation % Distribution
Management, Business, & Financial 21.6%
Natural Resources Maintenance 13.9%
PCare 6.6%
Production & Transportation 21.2%
Protect 3.8%
Sales & Office 22.7%
Other 10.2%
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 13.0%
High School 32.9%
Masters Degree 3.7%
Some College 14.2%
Some High School 24.0%
Other 12.2%

6437 Carolina Hwy Comps

Sorry, we do not have sufficient data available.

6437 Carolina Hwy, Denmark, SC 29042 is a single family home of 1,779 sqft. HomeUnion INVESTimateĀ® for 6437 Carolina Hwy includes a Price Estimate of $63,895 and a Rent Estimate of $941. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 17.67% and Total Return of 22.15%. The estimated 1 year forecast in home value for 6437 Carolina Hwy is 0%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in SC , BAMBERG County , or the 29042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 29003