Financial Details1166 Spring Garden Ranch Rd PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $113.11
CONSTRUCTION
- Beds : 3
- Floor Size : 1,529 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
1166 Spring Garden Ranch Rd, De Leon Springs, FL 32130 is a single family home of 1,529 sqft. HomeUnion estimate for 1166 Spring Garden Ranch Rd includes a Price Estimate of $172,940 and a Rent Estimate of $1,473. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 10.22% and Total Return of 27.47%. The estimated 1 year forecast in home value for 1166 Spring Garden Ranch Rd is 8.67%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1166 Spring Garden Ranch Rd SCHOOLS
Financial Details
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Spring Garden City
Neighborhood : Spring Garden City
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,473 per month.
MY RENT : $1,473 MEDIAN RENT : $1,719
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 $1,473 would therefore be considered affordable for annual household incomes greater than $58,920 (12 months x 3.333 x $1,473).
HOUSEHOLD INCOME RANGE
Approximately 17 of households in this neighborhood have a total annual income of $58,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,473 per month.
MINIMUM INCOME RANGE : $58,920
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
Spring Garden City Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 21.8% |
| Arts & Entertainment | 6.9% |
| Educational Services | 8.0% |
| Health Care & Social Assistance | 9.2% |
| Manufacturing | 9.2% |
| Retail & Wholesale Trader | 13.8% |
| Other | 31.0% |
AGE DISTRIBUTION
43% of the population is between the ages of 25 and 64, 28% is 24 or younger and 29% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.8% |
| 15-19 | 6.8% |
| 20-24 | 6.4% |
| 25-44 | 20.3% |
| 45-65 | 22.5% |
| 66+ | 29.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 20.0% |
| Computer Engineering | 8.3% |
| Management, Business, & Financial | 15.0% |
| Natural Resources Maintenance | 6.7% |
| Production & Transportation | 11.7% |
| Sales & Office | 13.3% |
| Other | 25.0% |
HIGHEST EDUCATION LEVEL
10% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.6% |
| High School | 40.7% |
| Masters Degree | 3.7% |
| Some College | 19.1% |
| Some High School | 16.7% |
| Other | 14.2% |
1166 Spring Garden Ranch Rd Comps
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