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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

1577 Windsor Dr Lake Alfred, FL 33850

3 Beds 1 Baths 960 sqft Built 1962
Last updated:  Jan 23, 2020

INVESTimate

$128,550

$112K - $145K

Price Est.

$1,096

999 - $1.2K

Rent Est.

$139,207  ( +8.29%)   1 YR EST. FORECAST
  
  
  

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1577 Windsor Dr PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $133.91
CONSTRUCTION
  • Beds : 3
  • Floor Size : 960 sqft
  • Baths : 1 Full

1577 Windsor Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALTER CALDWELL ELEMENTARY SCHOOL Primary Regular 621 41 3
JERE L. STAMBAUGH MIDDLE SCHOOL Middle Regular 879 54 3
AUBURNDALE SENIOR HIGH SCHOOL High Regular 1,475 91 4

WALTER CALDWELL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 41
3
GreatSchools Rating

JERE L. STAMBAUGH MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 879
  • # of teachers: 54
3
GreatSchools Rating

AUBURNDALE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,475
  • # of teachers: 91
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Lake Mariana Heights

  • 36

    POPULATION
  • 14

    HOUSEHOLDS
  • 37.7%

    WHITE COLLAR

Neighborhood : Lake Mariana Heights

HOUSEHOLDS
14
POPULATION

36

15.4%Renters
84.6%Home Owners
LABOR FORCE

 

37.7%White Collar
62.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,096 per month.

MY RENT : $1,096 MEDIAN RENT : $1,045

Rent % Distribution LEVEL
$500-699 7.7%
$700-899 0.0%
$900-999 23.1%
$1,000-1,499 69.2%
>=$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 $1,096 would therefore be considered affordable for annual household incomes greater than $43,840 (12 months x 3.333 x $1,096).

Rent % Affordability
Above $500 64.3%
Above $700 44.3%
Above $1,100 22.9%
Above $1,500 7.1%
Above $1,900 6.9%
HOUSEHOLD INCOME RANGE

Approximately 2 of households in this neighborhood have a total annual income of $43,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,096 per month.

MINIMUM INCOME RANGE : $43,840

Income % Distribution
<$20K 35.7%
$20K-$35K 35.7%
$35K-$60K 21.4%
$60K-$100K 7.1%
>=$100K -0.0%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 11.1%
15-19 mins 0.0%
20-29 mins 44.4%
30-44 mins 22.2%
45-59 mins 22.2%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,096 per month.

MY RENT : $1,096 MEDIAN RENT : $1,045

Rent % Distribution
$500-699 7.7%
$700-899 0.0%
$900-999 23.1%
$1,000-1,499 69.2%
>=$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 $1,096 would therefore be considered affordable for annual household incomes greater than $43,840 (12 months x 3.333 x $1,096).

Rent % Affordability
Above $500 64.3%
Above $700 44.3%
Above $1,100 22.9%
Above $1,500 7.1%
Above $1,900 6.9%
HOUSEHOLD INCOME RANGE

Approximately 2 of households in this neighborhood have a total annual income of $43,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,096 per month.

MINIMUM INCOME RANGE : $43,840

Income % Distribution
<$20K 35.7%
$20K-$35K 35.7%
$35K-$60K 21.4%
$60K-$100K 7.1%
>=$100K -0.0%
COMMUTE TIME DISTRIBUTION

67% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 11.1%
15-19 mins 0.0%
20-29 mins 44.4%
30-44 mins 22.2%
45-59 mins 22.2%
>60 mins 0.0%

Lake Mariana Heights Demographics

INDUSTRY

Industry % Distribution
Administrative Support 40.0%
Arts & Entertainment 10.0%
Educational Services 10.0%
Manufacturing 20.0%
Public Administration 10.0%
Transportation 0.0%
Other 10.0%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 17% is 24 or younger and 36% is 65 or older.

Age % Distribution
<15 0.0%
15-19 2.8%
20-24 13.9%
25-44 16.7%
45-65 30.6%
66+ 36.1%
OCCUPATION

Occupation % Distribution
Natural Resources Maintenance 14.3%
PCare 0.0%
Production & Transportation 28.6%
Protect 0.0%
Sales & Office 42.9%
Social 14.3%
Other -0.0%
HIGHEST EDUCATION LEVEL

4% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.7%
High School 48.1%
Professional 0.0%
Some College 14.8%
Some High School 22.2%
Other 11.1%

1577 Windsor Dr Comps

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1577 Windsor Dr, Lake Alfred, FL 33850 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 1577 Windsor Dr includes a Price Estimate of $128,550 and a Rent Estimate of $1,096. This single family home has 3 bedrooms,1 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 10.23% and Total Return of 25.82%. The estimated 1 year forecast in home value for 1577 Windsor Dr is 8.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , POLK County , or the 33850 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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