1266 Spring Garden Ranch Rd PROPERTY INFO
FACTS
- Built In 1962
- Price/Sqft : $134.84
CONSTRUCTION
- Beds : 3
- Floor Size : 1,224 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
1266 Spring Garden Ranch Rd, De Leon Springs, FL 32130 is a single family home of 1,224 sqft. HomeUnion estimate for 1266 Spring Garden Ranch Rd includes a Price Estimate of $165,048 and a Rent Estimate of $1,335. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 9.71% and Total Return of 29.20%. The estimated 1 year forecast in home value for 1266 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.
1266 Spring Garden Ranch Rd SCHOOLS
Financial Details
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Deleon Springs Heights
Neighborhood : Deleon Springs Heights
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,335 per month.
MY RENT : $1,335 MEDIAN RENT : $1,321
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 $1,335 would therefore be considered affordable for annual household incomes greater than $53,400 (12 months x 3.333 x $1,335).
HOUSEHOLD INCOME RANGE
Approximately 45 of households in this neighborhood have a total annual income of $53,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,335 per month.
MINIMUM INCOME RANGE : $53,400
COMMUTE TIME DISTRIBUTION
64% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
Deleon Springs Heights Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 12.9% |
Construction | 9.2% |
Educational Services | 11.7% |
Health Care & Social Assistance | 10.4% |
Manufacturing | 11.0% |
Retail & Wholesale Trader | 14.7% |
Other | 30.1% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 26% is 24 or younger and 22% is 65 or older.
Age | % Distribution |
---|---|
<15 | 15.3% |
15-19 | 6.0% |
20-24 | 4.5% |
25-44 | 21.0% |
45-65 | 30.7% |
66+ | 22.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 14.8% |
Construction | 9.8% |
Management, Business, & Financial | 16.4% |
Natural Resources Maintenance | 10.7% |
Production & Transportation | 8.2% |
Sales & Office | 22.1% |
Other | 18.0% |
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 | 10.7% |
High School | 33.6% |
Masters Degree | 2.0% |
Some College | 25.4% |
Some High School | 12.3% |
Other | 16.0% |
1266 Spring Garden Ranch Rd Comps
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