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This page contains aggregated information about each property, 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 about INVESTimate

1348 Riva Ct Callaway, FL 32404

3 Beds 2 Baths 1,399 sqft Built 1983
Last updated:  Jan 23, 2020

INVESTimate

$188,327

$178K - $199K

Price Est.

$1,169

$1.1K - $1.2K

Rent Est.

$198,911  ( +5.62%)   1 YR EST. FORECAST
  
  
  

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1348 Riva Ct PROPERTY INFO

FACTS
  • Built In 1983
  • Price/Sqft : $134.62
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,399 sqft
  • Baths : 2 Full

1348 Riva Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PARKER ELEMENTARY SCHOOL Primary Regular 646 45 3
EVERITT MIDDLE SCHOOL Middle Regular 845 46 3
RUTHERFORD HIGH SCHOOL High Regular 1,301 69 5

PARKER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 646
  • # of teachers: 45
3
GreatSchools Rating

EVERITT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 845
  • # of teachers: 46
3
GreatSchools Rating

RUTHERFORD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,301
  • # of teachers: 69
5
GreatSchools Rating
 

Financial Details

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Neighborhood

Forest Shores

  • 328

    POPULATION
  • 99

    HOUSEHOLDS
  • 50.5%

    WHITE COLLAR

Neighborhood : Forest Shores

HOUSEHOLDS
99
POPULATION

328

37.2%Renters
62.8%Home Owners
LABOR FORCE

 

50.5%White Collar
49.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,169 per month.

MY RENT : $1,169 MEDIAN RENT : $1,180

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.8%
$1,000-1,499 99.2%
>=$1,500 0.0%
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 $1,169 would therefore be considered affordable for annual household incomes greater than $46,760 (12 months x 3.333 x $1,169).

Rent % Affordability
Above $500 91.0%
Above $700 84.4%
Above $1,100 53.8%
Above $1,500 44.0%
Above $1,900 35.6%
HOUSEHOLD INCOME RANGE

Approximately 50 of households in this neighborhood have a total annual income of $46,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,169 per month.

MINIMUM INCOME RANGE : $46,760

Income % Distribution
<$20K 9.0%
$20K-$35K 18.0%
$35K-$60K 29.0%
$60K-$100K 19.0%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 13.3%
10-14 mins 9.4%
15-19 mins 28.9%
20-29 mins 18.0%
30-44 mins 13.3%
45-59 mins 14.1%
>60 mins 3.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,169 per month.

MY RENT : $1,169 MEDIAN RENT : $1,180

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.8%
$1,000-1,499 99.2%
>=$1,500 0.0%
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 $1,169 would therefore be considered affordable for annual household incomes greater than $46,760 (12 months x 3.333 x $1,169).

Rent % Affordability
Above $500 91.0%
Above $700 84.4%
Above $1,100 53.8%
Above $1,500 44.0%
Above $1,900 35.6%
HOUSEHOLD INCOME RANGE

Approximately 50 of households in this neighborhood have a total annual income of $46,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,169 per month.

MINIMUM INCOME RANGE : $46,760

Income % Distribution
<$20K 9.0%
$20K-$35K 18.0%
$35K-$60K 29.0%
$60K-$100K 19.0%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 13.3%
10-14 mins 9.4%
15-19 mins 28.9%
20-29 mins 18.0%
30-44 mins 13.3%
45-59 mins 14.1%
>60 mins 3.1%

Forest Shores Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.1%
Health Care & Social Assistance 14.5%
Professional & Scientific Tech Services 8.5%
Public Administration 17.1%
Retail & Wholesale Trader 16.2%
Transportation 6.8%
Other 25.6%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 36% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 22.9%
15-19 7.6%
20-24 5.5%
25-44 25.6%
45-65 23.2%
66+ 15.2%
OCCUPATION

Occupation % Distribution
Education 10.0%
Management, Business, & Financial 8.8%
Natural Resources Maintenance 13.8%
Production & Transportation 8.8%
Protect 11.2%
Sales & Office 11.2%
Other 36.2%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.3%
High School 36.8%
Masters Degree 7.6%
Some College 23.3%
Some High School 9.0%
Other 13.0%

1348 Riva Ct Comps

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1348 Riva Ct, Callaway, FL 32404 is a single family home of 1,399 sqft. HomeUnion INVESTimateĀ® for 1348 Riva Ct includes a Price Estimate of $188,327 and a Rent Estimate of $1,169. This single family home has 3 bedrooms,2 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 7.45% and Total Return of 18.80%. The estimated 1 year forecast in home value for 1348 Riva Ct is 5.62%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , BAY County , or the 32404 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32401