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This page contains information about each property aggregated from public data sources, 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.

1243 Spring Garden Ranch Rd De Leon Springs, FL 32130

3 Beds 2 Baths 1,331 sqft Built 1984
Last updated:  Jan 23, 2020

INVESTimate

$260,724

$234K - $288K

Price Est.

$1,370

$1.2K - $1.5K

Rent Est.

$283,329  ( +8.67%)   1 YR EST. FORECAST

1243 Spring Garden Ranch Rd PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $195.89
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,331 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
1243 Spring Garden Ranch Rd, De Leon Springs, FL 32130 is a single family home of 1,331 sqft. HomeUnion estimate for 1243 Spring Garden Ranch Rd includes a Price Estimate of $260,724 and a Rent Estimate of $1,370. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 6.31% and Total Return of 23.84%. The estimated 1 year forecast in home value for 1243 Spring Garden Ranch Rd is 8.67%.
  
  
  

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1243 Spring Garden Ranch Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCINNIS ELEMENTARY SCHOOL Primary Regular 395 36 4

MCINNIS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 395
  • # of teachers: 36
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Ponce Deleon Springs Terrace

  • 21

    POPULATION
  • 9

    HOUSEHOLDS
  • 65.1%

    WHITE COLLAR

Neighborhood : Ponce Deleon Springs Terrace

HOUSEHOLDS
9
POPULATION

21

10.0%Renters
90.0%Home Owners
LABOR FORCE

 

65.1%White Collar
34.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,370 per month.

MY RENT : $1,370 MEDIAN RENT : $1,370

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 70.6%
>=$1,500 29.4%
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 $1,370 would therefore be considered affordable for annual household incomes greater than $54,800 (12 months x 3.333 x $1,370).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 75.0%
Above $1,500 0.0%
Above $1,900 0.0%
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $54,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,370 per month.

MINIMUM INCOME RANGE : $54,800

Income % Distribution
<$20K 0.0%
$20K-$35K 25.0%
$35K-$60K 75.0%
$60K-$100K 0.0%
>=$100K 0.0%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 20.0%
15-19 mins 20.0%
20-29 mins 20.0%
30-44 mins 30.0%
45-59 mins 10.0%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,370 per month.

MY RENT : $1,370 MEDIAN RENT : $1,370

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 70.6%
>=$1,500 29.4%
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 $1,370 would therefore be considered affordable for annual household incomes greater than $54,800 (12 months x 3.333 x $1,370).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 75.0%
Above $1,500 0.0%
Above $1,900 0.0%
HOUSEHOLD INCOME RANGE

Approximately 0 of households in this neighborhood have a total annual income of $54,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,370 per month.

MINIMUM INCOME RANGE : $54,800

Income % Distribution
<$20K 0.0%
$20K-$35K 25.0%
$35K-$60K 75.0%
$60K-$100K 0.0%
>=$100K 0.0%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 20.0%
15-19 mins 20.0%
20-29 mins 20.0%
30-44 mins 30.0%
45-59 mins 10.0%
>60 mins 0.0%

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%

1243 Spring Garden Ranch Rd Comps

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