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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

16878 177th Rd Mcalpin, FL 32062

0 Beds 1 Baths 512 sqft Built 1984
Last updated:  Dec 26, 2019

INVESTimate

$57,060

$53.2K - $60.9K

Price Est.

$780

650 - 910

Rent Est.

$60,649  ( +6.29%)   1 YR EST. FORECAST
  
  
  

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16878 177th Rd PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $111.45
CONSTRUCTION
  • Beds : 0
  • Floor Size : 512 sqft
  • Baths : 1 Full

16878 177th Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SUWANNEE INTERMEDIATE SCHOOL Primary Regular 695 40 4
SUWANNEE MIDDLE SCHOOL Middle Regular 1,077 59 5
SUWANNEE HIGH SCHOOL High Regular 1,289 66 5

SUWANNEE INTERMEDIATE SCHOOL

  • Education Level: Primary
  • # of students: 695
  • # of teachers: 40
4
GreatSchools Rating

SUWANNEE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,077
  • # of teachers: 59
5
GreatSchools Rating

SUWANNEE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,289
  • # of teachers: 66
5
GreatSchools Rating
 

Financial Details

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Neighborhood

MC ALPIN

  • 2,522

    POPULATION
  • 902

    HOUSEHOLDS
  • 38.4%

    WHITE COLLAR

Neighborhood : MC ALPIN

HOUSEHOLDS
902
POPULATION

2,522

17.2%Renters
82.8%Home Owners
LABOR FORCE

 

38.4%White Collar
61.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $780 per month.

MY RENT : $780 MEDIAN RENT : $1,260

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 13.6%
$900-999 10.1%
$1,000-1,499 55.7%
>=$1,500 20.7%
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 $780 would therefore be considered affordable for annual household incomes greater than $31,200 (12 months x 3.333 x $780).

Rent % Affordability
Above $500 73.5%
Above $700 60.3%
Above $1,100 47.3%
Above $1,500 32.3%
Above $1,900 19.4%
HOUSEHOLD INCOME RANGE

Approximately 2,132 of households in this neighborhood have a total annual income of $31,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $780 per month.

MINIMUM INCOME RANGE : $31,200

Income % Distribution
<$20K 26.5%
$20K-$35K 20.0%
$35K-$60K 21.1%
$60K-$100K 22.1%
>=$100K 10.2%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 6.0%
10-14 mins 3.7%
15-19 mins 5.4%
20-29 mins 15.7%
30-44 mins 43.4%
45-59 mins 15.8%
>60 mins 8.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $780 per month.

MY RENT : $780 MEDIAN RENT : $1,260

Rent % Distribution
$500-699 0.0%
$700-899 13.6%
$900-999 10.1%
$1,000-1,499 55.7%
>=$1,500 20.7%
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 $780 would therefore be considered affordable for annual household incomes greater than $31,200 (12 months x 3.333 x $780).

Rent % Affordability
Above $500 73.5%
Above $700 60.3%
Above $1,100 47.3%
Above $1,500 32.3%
Above $1,900 19.4%
HOUSEHOLD INCOME RANGE

Approximately 2,132 of households in this neighborhood have a total annual income of $31,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $780 per month.

MINIMUM INCOME RANGE : $31,200

Income % Distribution
<$20K 26.5%
$20K-$35K 20.0%
$35K-$60K 21.1%
$60K-$100K 22.1%
>=$100K 10.2%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 6.0%
10-14 mins 3.7%
15-19 mins 5.4%
20-29 mins 15.7%
30-44 mins 43.4%
45-59 mins 15.8%
>60 mins 8.0%

MC ALPIN Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.9%
Construction 10.6%
Health Care & Social Assistance 10.2%
Manufacturing 11.0%
Public Administration 10.5%
Retail & Wholesale Trader 22.3%
Other 27.5%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 26% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 12.8%
15-19 5.2%
20-24 7.9%
25-44 17.8%
45-65 31.4%
66+ 24.8%
OCCUPATION

Occupation % Distribution
Healthcare 5.7%
Management, Business, & Financial 10.9%
Natural Resources Maintenance 23.1%
Production & Transportation 6.6%
Protect 14.9%
Sales & Office 27.8%
Other 11.0%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.0%
High School 44.1%
Masters Degree 3.4%
Some College 20.9%
Some High School 15.6%
Other 9.1%

16878 177th Rd Comps

Sorry, we do not have sufficient data available.

16878 177th Rd, Mcalpin, FL 32062 is a single family home of 512 sqft. HomeUnion INVESTimateĀ® for 16878 177th Rd includes a Price Estimate of $57,060 and a Rent Estimate of $780. This single family home has 0 bedrooms,1 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 16.40% and Total Return of 24.93%. The estimated 1 year forecast in home value for 16878 177th Rd is 6.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , SUWANNEE County , or the 32062 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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