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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

101 Gum Rd Lake Alfred, FL 33850

3 Beds 2 Baths 1,392 sqft Built 1985
Last updated:  Jan 23, 2020

INVESTimate

$246,414

$224K - $269K

Price Est.

$1,263

$1.2K - $1.4K

Rent Est.

$266,842  ( +8.29%)   1 YR EST. FORECAST
  
  
  

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101 Gum Rd PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $177.02
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,392 sqft
  • Baths : 2 Full

101 Gum Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAKE ALFRED ELEMENTARY SCHOOL Primary Regular 527 36 5
JERE L. STAMBAUGH MIDDLE SCHOOL Middle Regular 879 54 3
AUBURNDALE SENIOR HIGH SCHOOL High Regular 1,475 91 4

LAKE ALFRED ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 527
  • # of teachers: 36
5
GreatSchools Rating

JERE L. STAMBAUGH MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 879
  • # of teachers: 54
3
GreatSchools Rating

AUBURNDALE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,475
  • # of teachers: 91
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Lake Gum Estates

  • 0

    POPULATION
  • 0

    HOUSEHOLDS
  • 41.0%

    WHITE COLLAR

Neighborhood : Lake Gum Estates

HOUSEHOLDS
0
POPULATION

0

?%Renters
?%Home Owners
LABOR FORCE

 

41.0%White Collar
59.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,263 per month.

MY RENT : $1,263 MEDIAN RENT : $1,343

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 75.0%
>=$1,500 25.0%
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 $1,263 would therefore be considered affordable for annual household incomes greater than $50,520 (12 months x 3.333 x $1,263).

Rent % Affordability
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $50,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,263 per month.

MINIMUM INCOME RANGE : $50,520

Income % Distribution
COMMUTE TIME DISTRIBUTION

0% of the working population has a commute time of 15 to 44 minutes, 0% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution

Lake Gum Estates Demographics

INDUSTRY

Industry % Distribution
Manufacturing ?%
Professional & Scientific Tech Services ?%
Public Administration ?%
Real Estate ?%
Retail & Wholesale Trader ?%
Transportation ?%
Other ?%
AGE DISTRIBUTION

0% of the population is between the ages of 25 and 64, 0% is 24 or younger and 0% is 65 or older.

Age % Distribution
OCCUPATION

Occupation % Distribution
Natural Resources Maintenance ?%
PCare ?%
Production & Transportation ?%
Protect ?%
Sales & Office ?%
Social ?%
Other ?%
HIGHEST EDUCATION LEVEL

0% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution

101 Gum Rd Comps

Sorry, we do not have sufficient data available.

101 Gum Rd, Lake Alfred, FL 33850 is a single family home of 1,392 sqft. HomeUnion INVESTimateĀ® for 101 Gum Rd includes a Price Estimate of $246,414 and a Rent Estimate of $1,263. This single family home has 3 bedrooms,2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 6.15% and Total Return of 21.00%. The estimated 1 year forecast in home value for 101 Gum Rd is 8.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , POLK County , or the 33850 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 33868
  2. 33844