Financial Details1229 Spring Garden Ranch Rd PROPERTY INFO
FACTS
- Built In 1990
- Price/Sqft : $158.52
CONSTRUCTION
- Beds : 2
- Floor Size : 1,032 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
1229 Spring Garden Ranch Rd, De Leon Springs, FL 32130 is a single family home of 1,032 sqft. HomeUnion estimate for 1229 Spring Garden Ranch Rd includes a Price Estimate of $163,590 and a Rent Estimate of $1,210. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 8.88% and Total Return of 26.88%. The estimated 1 year forecast in home value for 1229 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.
1229 Spring Garden Ranch Rd SCHOOLS
Financial Details
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Ponce Deleon Springs Terrace
Neighborhood : Ponce Deleon Springs Terrace
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 57% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,210 per month.
MY RENT : $1,210 MEDIAN RENT : $1,297
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 $1,210 would therefore be considered affordable for annual household incomes greater than $48,400 (12 months x 3.333 x $1,210).
HOUSEHOLD INCOME RANGE
Approximately 1 of households in this neighborhood have a total annual income of $48,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,210 per month.
MINIMUM INCOME RANGE : $48,400
COMMUTE TIME DISTRIBUTION
70% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
Ponce Deleon Springs Terrace Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 16.7% |
| Health Care & Social Assistance | 8.3% |
| Manufacturing | 8.3% |
| Professional & Scientific Tech Services | 8.3% |
| Real Estate | 8.3% |
| Retail & Wholesale Trader | 16.7% |
| Other | 33.3% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 29% is 24 or younger and 14% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.0% |
| 15-19 | 4.8% |
| 20-24 | 4.8% |
| 25-44 | 19.0% |
| 45-65 | 38.1% |
| 66+ | 14.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 11.1% |
| Healthcare | 11.1% |
| Management, Business, & Financial | 22.2% |
| Natural Resources Maintenance | 11.1% |
| Production & Transportation | 11.1% |
| Sales & Office | 22.2% |
| Other | 11.1% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 15.4% |
| High School | 30.8% |
| Professional | 0.0% |
| Some College | 30.8% |
| Some High School | 7.7% |
| Other | 15.4% |
1229 Spring Garden Ranch Rd Comps
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