INVESTimate
$127,238
Financial Details1850 Oak Ln PROPERTY INFO
FACTS
- Built In 2001
- Price/Sqft : $206.60
CONSTRUCTION
- Beds : 4
- Floor Size : 2,114 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
1850 Oak Ln, Orlando, FL 32803 is a single family home of 2,114 sqft. HomeUnion estimate for 1850 Oak Ln includes a Price Estimate of $436,746 and a Rent Estimate of $2,456. This single family home has 4 bedrooms, 2 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 6.75% and Total Return of 21.52%. The estimated 1 year forecast in home value for 1850 Oak Ln is 6.48%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1850 Oak Ln SCHOOLS
Financial Details
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Cypress Lakes East
Neighborhood : Cypress Lakes East
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 $2,456 per month.
MY RENT : $2,456 MEDIAN RENT : $2,201
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 $2,456 would therefore be considered affordable for annual household incomes greater than $98,240 (12 months x 3.333 x $2,456).
HOUSEHOLD INCOME RANGE
Approximately 264 of households in this neighborhood have a total annual income of $98,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,456 per month.
MINIMUM INCOME RANGE : $98,240
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 8% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.
Cypress Lakes East Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 8.4% |
| Arts & Entertainment | 11.9% |
| Educational Services | 7.5% |
| Health Care & Social Assistance | 13.6% |
| Professional & Scientific Tech Services | 8.0% |
| Retail & Wholesale Trader | 15.2% |
| Other | 35.3% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 38% is 24 or younger and 6% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 22.1% |
| 15-19 | 6.8% |
| 20-24 | 9.0% |
| 25-44 | 30.3% |
| 45-65 | 26.2% |
| 66+ | 5.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 10.2% |
| Healthcare | 10.5% |
| Management, Business, & Financial | 22.2% |
| Natural Resources Maintenance | 9.0% |
| Production & Transportation | 8.6% |
| Sales & Office | 20.4% |
| Other | 19.2% |
HIGHEST EDUCATION LEVEL
26% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 12.1% |
| High School | 21.8% |
| Masters Degree | 11.6% |
| Some College | 16.4% |
| Some High School | 16.2% |
| Other | 21.8% |
1850 Oak Ln Comps
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