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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

10517 Lake Iamonia Dr Tallahassee, FL 32312

0 Beds 0 Baths 2,741 sqft Built 1992
Last updated:  Jan 23, 2020

INVESTimate

$332,892

$325K - $341K

Price Est.

$2,289

$2.2K - $2.4K

Rent Est.

$348,305  ( +4.63%)   1 YR EST. FORECAST
  
  
  

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10517 Lake Iamonia Dr PROPERTY INFO

FACTS
  • Built In 1992
  • Price/Sqft : $121.45
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,741 sqft
  • Baths : 0 Full

10517 Lake Iamonia Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
KILLEARN LAKES ELEMENTARY SCHOOL Primary Regular 933 56 10
DEERLAKE MIDDLE SCHOOL Middle Regular 923 44 10
CHILES HIGH SCHOOL High Regular 1,972 90 9

KILLEARN LAKES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 933
  • # of teachers: 56
10
GreatSchools Rating

DEERLAKE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 923
  • # of teachers: 44
10
GreatSchools Rating

CHILES HIGH SCHOOL

  • Education Level: High
  • # of students: 1,972
  • # of teachers: 90
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Killearn Lakes

  • 11,042

    POPULATION
  • 3,863

    HOUSEHOLDS
  • 83.0%

    WHITE COLLAR

Neighborhood : Killearn Lakes

HOUSEHOLDS
3,863
POPULATION

11,042

16.7%Renters
83.3%Home Owners
LABOR FORCE

 

83.0%White Collar
17.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,289 per month.

MY RENT : $2,289 MEDIAN RENT : $1,675

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 31.2%
>=$1,500 68.6%
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 $2,289 would therefore be considered affordable for annual household incomes greater than $91,560 (12 months x 3.333 x $2,289).

Rent % Affordability
Above $500 95.4%
Above $700 92.7%
Above $1,100 86.7%
Above $1,500 77.9%
Above $1,900 62.4%
HOUSEHOLD INCOME RANGE

Approximately 1,797 of households in this neighborhood have a total annual income of $91,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,289 per month.

MINIMUM INCOME RANGE : $91,560

Income % Distribution
<$20K 4.6%
$20K-$35K 6.3%
$35K-$60K 11.2%
$60K-$100K 34.3%
>=$100K 43.6%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 5.8%
10-14 mins 9.2%
15-19 mins 8.2%
20-29 mins 30.5%
30-44 mins 35.7%
45-59 mins 6.9%
>60 mins 3.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 69% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,289 per month.

MY RENT : $2,289 MEDIAN RENT : $1,675

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 31.2%
>=$1,500 68.6%
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 $2,289 would therefore be considered affordable for annual household incomes greater than $91,560 (12 months x 3.333 x $2,289).

Rent % Affordability
Above $500 95.4%
Above $700 92.7%
Above $1,100 86.7%
Above $1,500 77.9%
Above $1,900 62.4%
HOUSEHOLD INCOME RANGE

Approximately 1,797 of households in this neighborhood have a total annual income of $91,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,289 per month.

MINIMUM INCOME RANGE : $91,560

Income % Distribution
<$20K 4.6%
$20K-$35K 6.3%
$35K-$60K 11.2%
$60K-$100K 34.3%
>=$100K 43.6%
COMMUTE TIME DISTRIBUTION

75% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 5.8%
10-14 mins 9.2%
15-19 mins 8.2%
20-29 mins 30.5%
30-44 mins 35.7%
45-59 mins 6.9%
>60 mins 3.6%

Killearn Lakes Demographics

INDUSTRY

Industry % Distribution
Educational Services 16.0%
Financial Industries 10.4%
Health Care & Social Assistance 9.3%
Professional & Scientific Tech Services 11.1%
Public Administration 12.9%
Retail & Wholesale Trader 15.8%
Other 24.5%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 36% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 24.1%
15-19 7.9%
20-24 3.8%
25-44 25.8%
45-65 27.6%
66+ 10.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 11.2%
Construction 9.2%
Healthcare 5.0%
Legal 3.3%
Management, Business, & Financial 26.0%
Sales & Office 27.7%
Other 17.4%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.7%
Doctorate 3.5%
High School 13.7%
Masters Degree 17.3%
Some College 15.9%
Other 39.9%

10517 Lake Iamonia Dr Comps

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10517 Lake Iamonia Dr, Tallahassee, FL 32312 is a single family home of 2,741 sqft. HomeUnion INVESTimateĀ® for 10517 Lake Iamonia Dr includes a Price Estimate of $332,892 and a Rent Estimate of $2,289. This single family home has 0 bedrooms,0 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 8.25% and Total Return of 17.58%. The estimated 1 year forecast in home value for 10517 Lake Iamonia Dr is 4.63%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , LEON County , or the 32312 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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