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

226 Old Dixie Hwy Bowling Green, FL 33834

5 Beds 2 Baths 3,294 sqft Built 1962
Last updated:  Dec 26, 2019

INVESTimate

$151,653

$143K - $160K

Price Est.

$1,713

$1.4K - $2.0K

Rent Est.

$160,328  ( +5.72%)   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
  • 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
  • 1424 BRETON RD JACKSONVILLE, FL
    • 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950 3 beds 1 baths ∙ 1,337 Sqft ∙ Built 1950
    AVAILABLE
    • 14.27% GROSS YIELD
    • $5,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,900
    • $26,924
    • $950

226 Old Dixie Hwy PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $46.04
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,294 sqft
  • Baths : 2 Full

226 Old Dixie Hwy SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BOWLING GREEN ELEMENTARY SCHOOL Primary Regular 450 32 6
HARDEE JUNIOR HIGH SCHOOL Middle Regular 1,119 69 4
HARDEE JUNIOR HIGH SCHOOL High Regular 1,119 69 4

BOWLING GREEN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 450
  • # of teachers: 32
6
GreatSchools Rating

HARDEE JUNIOR HIGH SCHOOL

  • Education Level: Middle
  • # of students: 1,119
  • # of teachers: 69
4
GreatSchools Rating

HARDEE JUNIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,119
  • # of teachers: 69
4
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

BOWLING GREEN

  • 7,765

    POPULATION
  • 1,719

    HOUSEHOLDS
  • 41.6%

    WHITE COLLAR

Neighborhood : BOWLING GREEN

HOUSEHOLDS
1,719
POPULATION

7,765

30.4%Renters
69.6%Home Owners
LABOR FORCE

 

41.6%White Collar
58.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,713 per month.

MY RENT : $1,713 MEDIAN RENT : $1,153

Rent % Distribution LEVEL
$500-699 0.1%
$700-899 0.1%
$900-999 3.0%
$1,000-1,499 83.2%
>=$1,500 13.7%
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 $1,713 would therefore be considered affordable for annual household incomes greater than $68,520 (12 months x 3.333 x $1,713).

Rent % Affordability
Above $500 76.1%
Above $700 66.0%
Above $1,100 41.7%
Above $1,500 26.0%
Above $1,900 16.2%
HOUSEHOLD INCOME RANGE

Approximately 252 of households in this neighborhood have a total annual income of $68,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,713 per month.

MINIMUM INCOME RANGE : $68,520

Income % Distribution
<$20K 23.9%
$20K-$35K 24.6%
$35K-$60K 25.6%
$60K-$100K 16.5%
>=$100K 9.5%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 7.9%
10-14 mins 14.3%
15-19 mins 19.3%
20-29 mins 22.2%
30-44 mins 12.3%
45-59 mins 8.0%
>60 mins 9.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,713 per month.

MY RENT : $1,713 MEDIAN RENT : $1,153

Rent % Distribution
$500-699 0.1%
$700-899 0.1%
$900-999 3.0%
$1,000-1,499 83.2%
>=$1,500 13.7%
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 $1,713 would therefore be considered affordable for annual household incomes greater than $68,520 (12 months x 3.333 x $1,713).

Rent % Affordability
Above $500 76.1%
Above $700 66.0%
Above $1,100 41.7%
Above $1,500 26.0%
Above $1,900 16.2%
HOUSEHOLD INCOME RANGE

Approximately 252 of households in this neighborhood have a total annual income of $68,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,713 per month.

MINIMUM INCOME RANGE : $68,520

Income % Distribution
<$20K 23.9%
$20K-$35K 24.6%
$35K-$60K 25.6%
$60K-$100K 16.5%
>=$100K 9.5%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.4%
5-9 mins 7.9%
10-14 mins 14.3%
15-19 mins 19.3%
20-29 mins 22.2%
30-44 mins 12.3%
45-59 mins 8.0%
>60 mins 9.5%

BOWLING GREEN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 15.1%
Arts & Entertainment 7.0%
Construction 8.0%
Manufacturing 8.3%
Public Administration 6.1%
Retail & Wholesale Trader 21.1%
Other 34.3%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 35% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 20.9%
15-19 5.1%
20-24 8.9%
25-44 26.0%
45-65 25.7%
66+ 13.3%
OCCUPATION

Occupation % Distribution
Education 6.5%
Management, Business, & Financial 9.8%
Natural Resources Maintenance 21.8%
Production & Transportation 21.6%
Protect 4.6%
Sales & Office 18.3%
Other 17.3%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.2%
High School 41.1%
Masters Degree 2.2%
Some College 13.2%
Some High School 31.9%
Other 8.3%

226 Old Dixie Hwy Comps

Sorry, we do not have sufficient data available.

226 Old Dixie Hwy, Bowling Green, FL 33834 is a single family home of 3,294 sqft. HomeUnion INVESTimateĀ® for 226 Old Dixie Hwy includes a Price Estimate of $151,653 and a Rent Estimate of $1,713. This single family home has 5 bedrooms,2 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 13.55% and Total Return of 25.97%. The estimated 1 year forecast in home value for 226 Old Dixie Hwy is 5.72%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , HARDEE County , or the 33834 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 33873