1. < Troon Dr

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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

1156 Troon Dr N Miramar Beach, FL 32550

4 Beds 4 Baths 2,669 sqft Built 2005
Last updated:  Jun 30, 2018

INVESTimate

$699,050

$674K - $724K

Price Est.

$3,134

$2.9K - $3.4K

Rent Est.

$196,748

Investment Est.

$738,057  ( +5.58%)   1 YR EST. FORECAST

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1156 Troon Dr N PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $261.91
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,669 sqft
  • Baths : 3 Full 1 Half

1156 Troon Dr N SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EMERALD COAST MIDDLE SCHOOL Primary Regular 525 32 NA
EMERALD COAST MIDDLE SCHOOL Middle Regular 525 32 NA
SOUTH WALTON HIGH SCHOOL High Regular 628 34 NA

EMERALD COAST MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 525
  • # of teachers: 32
-1
GreatSchools Rating

EMERALD COAST MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 525
  • # of teachers: 32
-1
GreatSchools Rating

SOUTH WALTON HIGH SCHOOL

  • Education Level: High
  • # of students: 628
  • # of teachers: 34
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

Sandestin

  • 2,502

    POPULATION

  • 1,181

    HOUSEHOLDS

  • 83.3%

    WHITE COLLAR

Neighborhood : Sandestin

HOUSEHOLDS
1,181
POPULATION

2,502

29.6%Renters
70.4%Home Owners
LABOR FORCE

 

83.3%White Collar
16.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,134 per month.

MY RENT : $3,134 MEDIAN RENT : $1,979

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 1.7%
>=$1,500 98.2%
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 $3,134 would therefore be considered affordable for annual household incomes greater than $125,360 (12 months x 3.333 x $3,134).

Rent % Affordability
Above $500 94.5%
Above $700 82.4%
Above $1,100 65.0%
Above $1,500 54.8%
Above $1,900 42.1%
HOUSEHOLD INCOME RANGE

Approximately 214 of households in this neighborhood have a total annual income of $125,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,134 per month.

MINIMUM INCOME RANGE : $125,360

Income % Distribution
<$20K 5.5%
$20K-$35K 21.8%
$35K-$60K 18.0%
$60K-$100K 18.5%
>=$100K 36.3%
COMMUTE TIME DISTRIBUTION

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

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 15.2%
10-14 mins 23.5%
15-19 mins 11.4%
20-29 mins 13.7%
30-44 mins 20.1%
45-59 mins 5.7%
>60 mins 8.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,134 per month.

MY RENT : $3,134 MEDIAN RENT : $1,979

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 1.7%
>=$1,500 98.2%
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 $3,134 would therefore be considered affordable for annual household incomes greater than $125,360 (12 months x 3.333 x $3,134).

Rent % Affordability
Above $500 94.5%
Above $700 82.4%
Above $1,100 65.0%
Above $1,500 54.8%
Above $1,900 42.1%
HOUSEHOLD INCOME RANGE

Approximately 214 of households in this neighborhood have a total annual income of $125,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,134 per month.

MINIMUM INCOME RANGE : $125,360

Income % Distribution
<$20K 5.5%
$20K-$35K 21.8%
$35K-$60K 18.0%
$60K-$100K 18.5%
>=$100K 36.3%
COMMUTE TIME DISTRIBUTION

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

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 15.2%
10-14 mins 23.5%
15-19 mins 11.4%
20-29 mins 13.7%
30-44 mins 20.1%
45-59 mins 5.7%
>60 mins 8.4%
Sandestin Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 15.4%
Construction 14.9%
Educational Services 9.1%
Health Care & Social Assistance 11.4%
Professional & Scientific Tech Services 11.3%
Retail & Wholesale Trader 14.9%
Other 23.0%
OCCUPATION

           

Occupation % Distribution
Clean 4.4%
Construction 8.0%
Healthcare 6.3%
Legal 6.8%
Management, Business, & Financial 29.9%
Sales & Office 28.1%
Other 16.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 13.7%
15-19 2.4%
20-24 1.4%
25-44 24.7%
45-65 28.4%
66+ 29.4%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor?s degree or higher.

Education Level % Distribution
Associates Degree 9.2%
High School 12.5%
Masters Degree 8.9%
Some College 23.9%
Some High School 4.7%
Other 40.8%

Sandestin Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.4%
Construction 14.9%
Educational Services 9.1%
Health Care & Social Assistance 11.4%
Professional & Scientific Tech Services 11.3%
Retail & Wholesale Trader 14.9%
Other 23.0%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 17% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 13.7%
15-19 2.4%
20-24 1.4%
25-44 24.7%
45-65 28.4%
66+ 29.4%
OCCUPATION

Occupation % Distribution
Clean 4.4%
Construction 8.0%
Healthcare 6.3%
Legal 6.8%
Management, Business, & Financial 29.9%
Sales & Office 28.1%
Other 16.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 9.2%
High School 12.5%
Masters Degree 8.9%
Some College 23.9%
Some High School 4.7%
Other 40.8%

1156 Troon Dr N Comps

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1156 Troon Dr N, Miramar Beach, FL 32550 is a single family home of 2,669 sqft. HomeUnion INVESTimate® for 1156 Troon Dr N includes a Price Estimate of $699,050 and a Rent Estimate of $3,134. This single family home has 4 bedrooms,4 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 5.38% and Total Return of 18.01%. The estimated 1 year forecast in home value for 1156 Troon Dr N is 5.58%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL, WALTON County, or the 32550 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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