Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

209 Lannie Rowe Dr Callaway, FL 32404

3 Beds 2 Baths 1,475 sqft Built 1968
Last updated:  Nov 28, 2019

INVESTimate

$163,182

$157K - $169K

Price Est.

$1,130

$1.1K - $1.2K

Rent Est.

$175,323  ( +7.44%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3349 JAPONICA RD N JACKSONVILLE, FL
    • 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955 4 beds 2 baths ∙ 1,872 Sqft ∙ Built 1955
    AVAILABLE
    • 14.68% GROSS YIELD
    • $6,334 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $85,000
    • $28,275
    • $1,040

209 Lannie Rowe Dr PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $110.63
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,475 sqft
  • Baths : 2 Full

209 Lannie Rowe Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PARKER ELEMENTARY SCHOOL Primary Regular 646 45 3
EVERITT MIDDLE SCHOOL Middle Regular 845 46 3
RUTHERFORD HIGH SCHOOL High Regular 1,301 69 5

PARKER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 646
  • # of teachers: 45
3
GreatSchools Rating

EVERITT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 845
  • # of teachers: 46
3
GreatSchools Rating

RUTHERFORD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,301
  • # of teachers: 69
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Lannie Rowe Lake Estates

  • 661

    POPULATION
  • 232

    HOUSEHOLDS
  • 56.7%

    WHITE COLLAR

Neighborhood : Lannie Rowe Lake Estates

HOUSEHOLDS
232
POPULATION

661

31.5%Renters
68.5%Home Owners
LABOR FORCE

 

56.7%White Collar
43.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,130 per month.

MY RENT : $1,130 MEDIAN RENT : $1,221

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 3.0%
$900-999 13.9%
$1,000-1,499 80.5%
>=$1,500 2.6%
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 $1,130 would therefore be considered affordable for annual household incomes greater than $45,200 (12 months x 3.333 x $1,130).

Rent % Affordability
Above $500 86.6%
Above $700 72.7%
Above $1,100 56.1%
Above $1,500 40.9%
Above $1,900 18.6%
HOUSEHOLD INCOME RANGE

Approximately 110 of households in this neighborhood have a total annual income of $45,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,130 per month.

MINIMUM INCOME RANGE : $45,200

Income % Distribution
<$20K 13.4%
$20K-$35K 19.0%
$35K-$60K 26.7%
$60K-$100K 31.0%
>=$100K 9.9%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 9.2%
10-14 mins 9.8%
15-19 mins 22.8%
20-29 mins 31.6%
30-44 mins 18.4%
45-59 mins 4.1%
>60 mins 3.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 62% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,130 per month.

MY RENT : $1,130 MEDIAN RENT : $1,221

Rent % Distribution
$500-699 0.0%
$700-899 3.0%
$900-999 13.9%
$1,000-1,499 80.5%
>=$1,500 2.6%
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 $1,130 would therefore be considered affordable for annual household incomes greater than $45,200 (12 months x 3.333 x $1,130).

Rent % Affordability
Above $500 86.6%
Above $700 72.7%
Above $1,100 56.1%
Above $1,500 40.9%
Above $1,900 18.6%
HOUSEHOLD INCOME RANGE

Approximately 110 of households in this neighborhood have a total annual income of $45,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,130 per month.

MINIMUM INCOME RANGE : $45,200

Income % Distribution
<$20K 13.4%
$20K-$35K 19.0%
$35K-$60K 26.7%
$60K-$100K 31.0%
>=$100K 9.9%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 9.2%
10-14 mins 9.8%
15-19 mins 22.8%
20-29 mins 31.6%
30-44 mins 18.4%
45-59 mins 4.1%
>60 mins 3.8%

Lannie Rowe Lake Estates Demographics

INDUSTRY

Industry % Distribution
Administrative Support 11.1%
Arts & Entertainment 15.7%
Health Care & Social Assistance 14.1%
Public Administration 8.2%
Retail & Wholesale Trader 14.4%
Transportation 8.2%
Other 28.4%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 26% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 13.6%
15-19 4.7%
20-24 7.9%
25-44 26.5%
45-65 28.1%
66+ 19.2%
OCCUPATION

Occupation % Distribution
Education 10.0%
Healthcare 10.0%
Management, Business, & Financial 10.0%
Natural Resources Maintenance 8.7%
Production & Transportation 9.1%
Sales & Office 31.5%
Other 20.5%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.9%
High School 40.2%
Masters Degree 3.5%
Some College 25.9%
Some High School 5.7%
Other 11.9%

209 Lannie Rowe Dr Comps

Sorry, we do not have sufficient data available.

209 Lannie Rowe Dr, Callaway, FL 32404 is a single family home of 1,475 sqft. HomeUnion INVESTimateĀ® for 209 Lannie Rowe Dr includes a Price Estimate of $163,182 and a Rent Estimate of $1,130. This single family home has 3 bedrooms,2 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 8.31% and Total Return of 24.23%. The estimated 1 year forecast in home value for 209 Lannie Rowe Dr is 7.44%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , BAY County , or the 32404 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32401