Financial Details1644 Jean Lafitte Dr PROPERTY INFO
FACTS
- Built In 1999
- Price/Sqft : $634.77
CONSTRUCTION
- Beds : 5
- Floor Size : 6,776 sqft
- Baths : 5 Full 1 Half
PROPERTY DESCRIPTION
1644 Jean Lafitte Dr, Boca Grande, FL 33921 is a single family home of 6,776 sqft. HomeUnion estimate for 1644 Jean Lafitte Dr includes a Price Estimate of $4,301,213 and a Rent Estimate of $8,359. This single family home has 5 bedrooms, 6 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 2.33% and Total Return of 13.35%. The estimated 1 year forecast in home value for 1644 Jean Lafitte Dr is 7.61%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1644 Jean Lafitte Dr SCHOOLS
Financial Details
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BOCA GRANDE
Neighborhood : BOCA GRANDE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $8,359 per month.
MY RENT : $8,359 MEDIAN RENT : $3,781
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 $8,359 would therefore be considered affordable for annual household incomes greater than $334,360 (12 months x 3.333 x $8,359).
HOUSEHOLD INCOME RANGE
Approximately -51 of households in this neighborhood have a total annual income of $334,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $8,359 per month.
MINIMUM INCOME RANGE : $334,360
COMMUTE TIME DISTRIBUTION
27% of the working population has a commute time of 15 to 44 minutes, 64% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.
BOCA GRANDE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 15.6% |
| Arts & Entertainment | 25.2% |
| Health Care & Social Assistance | 5.7% |
| Information | 6.7% |
| Retail & Wholesale Trader | 18.0% |
| Transportation | 6.2% |
| Other | 22.7% |
AGE DISTRIBUTION
43% of the population is between the ages of 25 and 64, 13% is 24 or younger and 43% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 2.6% |
| 15-19 | 6.9% |
| 20-24 | 3.7% |
| 25-44 | 25.8% |
| 45-65 | 17.6% |
| 66+ | 43.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 7.7% |
| Management, Business, & Financial | 26.6% |
| Natural Resources Maintenance | 17.5% |
| Production & Transportation | 10.6% |
| Sales & Office | 33.2% |
| Social | 4.0% |
| Other | 0.4% |
HIGHEST EDUCATION LEVEL
22% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 13.6% |
| High School | 9.3% |
| Masters Degree | 4.1% |
| Some College | 29.4% |
| Some High School | 5.9% |
| Other | 37.7% |
1644 Jean Lafitte Dr Comps
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