INVESTimate
$97,559
1165 S 5th St PROPERTY INFO
FACTS
- Built In 1960
- Price/Sqft : $130.11
CONSTRUCTION
- Beds : 0
- Floor Size : 2,496 sqft
- Baths : 3 Full
PROPERTY DESCRIPTION
1165 S 5th St, Macclenny, FL 32063 is a single family home of 2,496 sqft. HomeUnion estimate for 1165 S 5th St includes a Price Estimate of $324,750 and a Rent Estimate of $1,591. This single family home has 0 bedrooms, 3 bathrooms, and was built in 1960. This property has an estimated 15 year annualized Yield of 5.88% and Total Return of 17.10%. The estimated 1 year forecast in home value for 1165 S 5th St is 5.67%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1165 S 5th St SCHOOLS
Financial Details
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MACCLENNY
Neighborhood : MACCLENNY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,591 per month.
MY RENT : $1,591 MEDIAN RENT : $1,299
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 $1,591 would therefore be considered affordable for annual household incomes greater than $63,640 (12 months x 3.333 x $1,591).
HOUSEHOLD INCOME RANGE
Approximately 1,290 of households in this neighborhood have a total annual income of $63,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,591 per month.
MINIMUM INCOME RANGE : $63,640
COMMUTE TIME DISTRIBUTION
40% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
MACCLENNY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 7.6% |
Educational Services | 7.0% |
Health Care & Social Assistance | 19.0% |
Public Administration | 13.4% |
Retail & Wholesale Trader | 16.7% |
Transportation | 8.5% |
Other | 27.9% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 33% is 24 or younger and 14% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.0% |
15-19 | 6.4% |
20-24 | 6.0% |
25-44 | 25.0% |
45-65 | 27.1% |
66+ | 14.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 13.8% |
Management, Business, & Financial | 10.1% |
Natural Resources Maintenance | 13.3% |
Production & Transportation | 12.6% |
Protect | 8.1% |
Sales & Office | 24.4% |
Other | 17.6% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.9% |
High School | 36.5% |
Masters Degree | 3.3% |
Some College | 22.1% |
Some High School | 17.3% |
Other | 11.9% |
1165 S 5th St Comps
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