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2270 Cypress Creek Rd PROPERTY INFO
FACTS
- Built In 1990
- Price/Sqft : $32.41
CONSTRUCTION
- Beds : 3
- Floor Size : 1,744 sqft
- Baths : 2 Full
2270 Cypress Creek Rd SCHOOLS
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Financial Details
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COTTONDALE
Neighborhood : COTTONDALE
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 37% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $838 per month.
MY RENT : $838 MEDIAN RENT : $731
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 $838 would therefore be considered affordable for annual household incomes greater than $33,520 (12 months x 3.333 x $838).
HOUSEHOLD INCOME RANGE
Approximately 4,309 of households in this neighborhood have a total annual income of $33,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $838 per month.
MINIMUM INCOME RANGE : $33,520
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 22% 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 | 9.9% |
| Educational Services | 8.3% |
| Health Care & Social Assistance | 17.6% |
| Public Administration | 8.8% |
| Retail & Wholesale Trader | 19.1% |
| Transportation | 8.3% |
| Other | 28.0% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 28% is 24 or younger and 22% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.5% |
| 15-19 | 4.5% |
| 20-24 | 5.0% |
| 25-44 | 23.2% |
| 45-65 | 27.3% |
| 66+ | 21.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 9.5% |
| Management, Business, & Financial | 10.8% |
| Natural Resources Maintenance | 13.7% |
| Production & Transportation | 12.2% |
| Protect | 5.5% |
| Sales & Office | 31.1% |
| Other | 17.1% |
HIGHEST EDUCATION LEVEL
9% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.7% |
| High School | 43.4% |
| Masters Degree | 2.4% |
| Some College | 22.9% |
| Some High School | 19.2% |
| Other | 6.5% |
2270 Cypress Creek Rd Comps
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2270 Cypress Creek Rd, Cottondale, FL 32431 is a single family home of 1,744 sqft. HomeUnion INVESTimateĀ® for 2270 Cypress Creek Rd includes a Price Estimate of $56,516 and a Rent Estimate of $838. This single family home has 3 bedrooms,2 bathrooms, and was built in 1990. This property has an estimated 15 year annualized Yield of 17.79% and Total Return of 22.32%. The estimated 1 year forecast in home value for 2270 Cypress Creek Rd is 1.53%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , JACKSON County , or the 32431 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
