Financial Details2042 Holley Timber Rd PROPERTY INFO
FACTS
- Built In 1995
- Price/Sqft : $58.78
CONSTRUCTION
- Beds : 3
- Floor Size : 924 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
2042 Holley Timber Rd, Cottondale, FL 32431 is a single family home of 924 sqft. HomeUnion estimate for 2042 Holley Timber Rd includes a Price Estimate of $54,309 and a Rent Estimate of $681. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 15.05% and Total Return of 19.66%. The estimated 1 year forecast in home value for 2042 Holley Timber Rd is 1.53%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2042 Holley Timber Rd SCHOOLS
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Financial Details
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COTTONDALE
Neighborhood : COTTONDALE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $681 per month.
MY RENT : $681 MEDIAN RENT : $730
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 $681 would therefore be considered affordable for annual household incomes greater than $27,240 (12 months x 3.333 x $681).
HOUSEHOLD INCOME RANGE
Approximately 4,107 of households in this neighborhood have a total annual income of $27,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $681 per month.
MINIMUM INCOME RANGE : $27,240
COMMUTE TIME DISTRIBUTION
62% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
COTTONDALE Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 9.5% |
| Educational Services | 9.6% |
| Health Care & Social Assistance | 15.4% |
| Public Administration | 9.9% |
| Retail & Wholesale Trader | 17.1% |
| Transportation | 9.5% |
| Other | 28.9% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 28% is 24 or younger and 20% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.1% |
| 15-19 | 5.0% |
| 20-24 | 4.2% |
| 25-44 | 23.4% |
| 45-65 | 28.1% |
| 66+ | 20.2% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 12.2% |
| Management, Business, & Financial | 9.8% |
| Natural Resources Maintenance | 15.3% |
| Production & Transportation | 12.3% |
| Protect | 6.3% |
| Sales & Office | 27.1% |
| Other | 16.9% |
HIGHEST EDUCATION LEVEL
10% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.9% |
| High School | 41.9% |
| Masters Degree | 2.7% |
| Some College | 22.7% |
| Some High School | 19.3% |
| Other | 7.6% |
2042 Holley Timber Rd Comps
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