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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

213 N Summit Ave Lake Helen, FL 32744

2 Beds 2 Baths 1,233 sqft Built 1967
Last updated:  Jan 23, 2020

INVESTimate

$165,282

$157K - $174K

Price Est.

$1,235

$1.1K - $1.3K

Rent Est.

$182,868  ( +10.64%)   1 YR EST. FORECAST
  
  
  

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213 N Summit Ave PROPERTY INFO

FACTS
  • Built In 1967
  • Price/Sqft : $134.05
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,233 sqft
  • Baths : 2 Full

213 N Summit Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VOLUSIA PINES ELEMENTARY SCHOOL Primary Regular 624 49 4
DELAND MIDDLE SCHOOL Middle Regular 1,094 67 5
DELAND HIGH SCHOOL High Magnet 2,474 136 7

VOLUSIA PINES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 624
  • # of teachers: 49
4
GreatSchools Rating

DELAND MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,094
  • # of teachers: 67
5
GreatSchools Rating

DELAND HIGH SCHOOL

  • Education Level: High
  • # of students: 2,474
  • # of teachers: 136
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Blakewood

  • 130

    POPULATION
  • 57

    HOUSEHOLDS
  • 56.0%

    WHITE COLLAR

Neighborhood : Blakewood

HOUSEHOLDS
57
POPULATION

130

18.5%Renters
81.5%Home Owners
LABOR FORCE

 

56.0%White Collar
44.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,235 per month.

MY RENT : $1,235 MEDIAN RENT : $1,205

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 6.0%
$1,000-1,499 83.6%
>=$1,500 10.4%
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 $1,235 would therefore be considered affordable for annual household incomes greater than $49,400 (12 months x 3.333 x $1,235).

Rent % Affordability
Above $500 82.5%
Above $700 69.1%
Above $1,100 52.6%
Above $1,500 38.6%
Above $1,900 25.8%
HOUSEHOLD INCOME RANGE

Approximately 24 of households in this neighborhood have a total annual income of $49,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,235 per month.

MINIMUM INCOME RANGE : $49,400

Income % Distribution
<$20K 17.5%
$20K-$35K 21.1%
$35K-$60K 22.8%
$60K-$100K 26.3%
>=$100K 12.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 4.9%
10-14 mins 23.0%
15-19 mins 23.0%
20-29 mins 18.0%
30-44 mins 18.0%
45-59 mins 6.6%
>60 mins 4.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,235 per month.

MY RENT : $1,235 MEDIAN RENT : $1,205

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 6.0%
$1,000-1,499 83.6%
>=$1,500 10.4%
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 $1,235 would therefore be considered affordable for annual household incomes greater than $49,400 (12 months x 3.333 x $1,235).

Rent % Affordability
Above $500 82.5%
Above $700 69.1%
Above $1,100 52.6%
Above $1,500 38.6%
Above $1,900 25.8%
HOUSEHOLD INCOME RANGE

Approximately 24 of households in this neighborhood have a total annual income of $49,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,235 per month.

MINIMUM INCOME RANGE : $49,400

Income % Distribution
<$20K 17.5%
$20K-$35K 21.1%
$35K-$60K 22.8%
$60K-$100K 26.3%
>=$100K 12.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 4.9%
10-14 mins 23.0%
15-19 mins 23.0%
20-29 mins 18.0%
30-44 mins 18.0%
45-59 mins 6.6%
>60 mins 4.9%

Blakewood Demographics

INDUSTRY

Industry % Distribution
Administrative Support 9.5%
Arts & Entertainment 7.9%
Construction 12.7%
Educational Services 9.5%
Health Care & Social Assistance 7.9%
Retail & Wholesale Trader 19.0%
Other 33.3%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 24% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 13.8%
15-19 5.4%
20-24 4.6%
25-44 21.5%
45-65 37.7%
66+ 16.9%
OCCUPATION

Occupation % Distribution
Clean 8.1%
Healthcare 5.4%
Management, Business, & Financial 18.9%
Natural Resources Maintenance 18.9%
Production & Transportation 8.1%
Sales & Office 27.0%
Other 13.5%
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 10.6%
High School 36.5%
Masters Degree 4.8%
Some College 25.0%
Some High School 13.5%
Other 9.6%

213 N Summit Ave Comps

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213 N Summit Ave, Lake Helen, FL 32744 is a single family home of 1,233 sqft. HomeUnion INVESTimateĀ® for 213 N Summit Ave includes a Price Estimate of $165,282 and a Rent Estimate of $1,235. This single family home has 2 bedrooms,2 bathrooms, and was built in 1967. This property has an estimated 15 year annualized Yield of 8.97% and Total Return of 28.21%. The estimated 1 year forecast in home value for 213 N Summit Ave is 10.64%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , VOLUSIA County , or the 32744 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32724
  2. 32725