1. < Audubon Dr

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

223 Audubon Dr Miramar Beach, FL 32550

3 Beds 2 Baths 1,788 sqft Built 1982
Last updated:  Jun 30, 2018

INVESTimate

$394,648

$381K - $409K

Price Est.

$2,024

$1.7K - $2.3K

Rent Est.

$116,082

Investment Est.

$416,669  ( +5.58%)   1 YR EST. FORECAST

Browse real estate investments on Audubon Dr

  1. 193 Audubon Dr
  2. 194 Audubon Dr
  3. 195 Audubon Dr
  4. 199 Audubon Dr
  5. 215 Audubon Dr
  6. 216 Audubon Dr
  7. 217 Audubon Dr
  8. 218 Audubon Dr
  9. 219 Audubon Dr
  10. 220 Audubon Dr
  11. 221 Audubon Dr
  12. 222 Audubon Dr
  13. 223 Audubon Dr
  14. 224 Audubon Dr
  15. 225 Audubon Dr
  16. 226 Audubon Dr
  17. 227 Audubon Dr
  18. 228 Audubon Dr
  19. 229 Audubon Dr
  20. 230 Audubon Dr
  21. 231 Audubon Dr
  22. 232 Audubon Dr
  23. 233 Audubon Dr
  24. 234 Audubon Dr
  25. 235 Audubon Dr
  26. 236 Audubon Dr
  27. 237 Audubon Dr
  28. 238 Audubon Dr
  29. 239 Audubon Dr
  30. 240 Audubon Dr
  31. 241 Audubon Dr
  32. 242 Audubon Dr
  33. 243 Audubon Dr
  34. 244 Audubon Dr
  35. 245 Audubon Dr

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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

  • 7518 Morley STREET Houston, TX
    • 11 beds 6 baths ∙ 3,016 Sqft ∙ Built 1980 ∙ 6units 11 beds 6 baths ∙ 3,016 Sqft ∙ Built 1980 ∙ 6units
    AVAILABLE
    • 14.87% GROSS YIELD
    • $18,272 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $345,000
    • $116,425
    • $4,275
  • 3134 MARIBELLE San Antonio, TX
    • 3 beds 2 baths ∙ 2,033 Sqft ∙ Built 1973 3 beds 2 baths ∙ 2,033 Sqft ∙ Built 1973
    AVAILABLE
    • 13.85% GROSS YIELD
    • $6,149 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $40,650
    • $1,270
  • 175 SPUR 3007 Scroggins, TX
    • 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 1986 3 beds 3 baths ∙ 2,736 Sqft ∙ Built 1986
    AVAILABLE
    • 13.62% GROSS YIELD
    • $15,584 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $200,000
    • $64,500
    • $2,270
  • 8037 Roy Road Indianapolis, IN
    • 3 beds 1 baths ∙ 1,140 Sqft ∙ Built 1959 3 beds 1 baths ∙ 1,140 Sqft ∙ Built 1959
    AVAILABLE
    • 13.39% GROSS YIELD
    • $5,173 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $75,300
    • $31,454
    • $840

223 Audubon Dr PROPERTY INFO

FACTS
  • Built In 1982
  • Price/Sqft : $220.72
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,788 sqft
  • Baths : 2 Full

223 Audubon Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EMERALD COAST MIDDLE SCHOOL Primary Regular 525 32 NA
EMERALD COAST MIDDLE SCHOOL Middle Regular 525 32 NA
SOUTH WALTON HIGH SCHOOL High Regular 628 34 NA

EMERALD COAST MIDDLE SCHOOL

  • Education Level: Primary
  • # of students: 525
  • # of teachers: 32
-1
GreatSchools Rating

EMERALD COAST MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 525
  • # of teachers: 32
-1
GreatSchools Rating

SOUTH WALTON HIGH SCHOOL

  • Education Level: High
  • # of students: 628
  • # of teachers: 34
-1
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

Sandestin

  • 2,502

    POPULATION

  • 1,181

    HOUSEHOLDS

  • 83.3%

    WHITE COLLAR

Neighborhood : Sandestin

HOUSEHOLDS
1,181
POPULATION

2,502

29.6%Renters
70.4%Home Owners
LABOR FORCE

 

83.3%White Collar
16.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,024 per month.

MY RENT : $2,024 MEDIAN RENT : $1,979

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 1.7%
>=$1,500 98.2%
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 $2,024 would therefore be considered affordable for annual household incomes greater than $80,960 (12 months x 3.333 x $2,024).

Rent % Affordability
Above $500 94.5%
Above $700 82.4%
Above $1,100 65.0%
Above $1,500 54.8%
Above $1,900 42.1%
HOUSEHOLD INCOME RANGE

Approximately 471 of households in this neighborhood have a total annual income of $80,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,024 per month.

MINIMUM INCOME RANGE : $80,960

Income % Distribution
<$20K 5.5%
$20K-$35K 21.8%
$35K-$60K 18.0%
$60K-$100K 18.5%
>=$100K 36.3%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 15.2%
10-14 mins 23.5%
15-19 mins 11.4%
20-29 mins 13.7%
30-44 mins 20.1%
45-59 mins 5.7%
>60 mins 8.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,024 per month.

MY RENT : $2,024 MEDIAN RENT : $1,979

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.1%
$1,000-1,499 1.7%
>=$1,500 98.2%
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 $2,024 would therefore be considered affordable for annual household incomes greater than $80,960 (12 months x 3.333 x $2,024).

Rent % Affordability
Above $500 94.5%
Above $700 82.4%
Above $1,100 65.0%
Above $1,500 54.8%
Above $1,900 42.1%
HOUSEHOLD INCOME RANGE

Approximately 471 of households in this neighborhood have a total annual income of $80,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,024 per month.

MINIMUM INCOME RANGE : $80,960

Income % Distribution
<$20K 5.5%
$20K-$35K 21.8%
$35K-$60K 18.0%
$60K-$100K 18.5%
>=$100K 36.3%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.9%
5-9 mins 15.2%
10-14 mins 23.5%
15-19 mins 11.4%
20-29 mins 13.7%
30-44 mins 20.1%
45-59 mins 5.7%
>60 mins 8.4%
Sandestin Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 15.4%
Construction 14.9%
Educational Services 9.1%
Health Care & Social Assistance 11.4%
Professional & Scientific Tech Services 11.3%
Retail & Wholesale Trader 14.9%
Other 23.0%
OCCUPATION

           

Occupation % Distribution
Clean 4.4%
Construction 8.0%
Healthcare 6.3%
Legal 6.8%
Management, Business, & Financial 29.9%
Sales & Office 28.1%
Other 16.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 13.7%
15-19 2.4%
20-24 1.4%
25-44 24.7%
45-65 28.4%
66+ 29.4%
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 9.2%
High School 12.5%
Masters Degree 8.9%
Some College 23.9%
Some High School 4.7%
Other 40.8%

Sandestin Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.4%
Construction 14.9%
Educational Services 9.1%
Health Care & Social Assistance 11.4%
Professional & Scientific Tech Services 11.3%
Retail & Wholesale Trader 14.9%
Other 23.0%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 17% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 13.7%
15-19 2.4%
20-24 1.4%
25-44 24.7%
45-65 28.4%
66+ 29.4%
OCCUPATION

Occupation % Distribution
Clean 4.4%
Construction 8.0%
Healthcare 6.3%
Legal 6.8%
Management, Business, & Financial 29.9%
Sales & Office 28.1%
Other 16.5%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 9.2%
High School 12.5%
Masters Degree 8.9%
Some College 23.9%
Some High School 4.7%
Other 40.8%

223 Audubon Dr Comps

Sorry, we do not have sufficient data available.

223 Audubon Dr, Miramar Beach, FL 32550 is a single family home of 1,788 sqft. HomeUnion INVESTimate® for 223 Audubon Dr includes a Price Estimate of $394,648 and a Rent Estimate of $2,024. This single family home has 3 bedrooms,2 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 6.15% and Total Return of 16.10%. The estimated 1 year forecast in home value for 223 Audubon Dr is 5.58%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL, WALTON County, or the 32550 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2010 Main Street, Suite #250, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

© 2018 HomeUnion, Inc. All Rights Reserved.