INVESTimate
$186,548
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2302 Leu Rd PROPERTY INFO
FACTS
- Built In 1954
- Price/Sqft : $280.49
CONSTRUCTION
- Beds : 3
- Floor Size : 2,355 sqft
- Baths : 2 Full 1 Half
2302 Leu Rd SCHOOLS
Financial Details
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Rowena Gardens
Neighborhood : Rowena Gardens
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,560 per month.
MY RENT : $2,560 MEDIAN RENT : $2,542
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 $2,560 would therefore be considered affordable for annual household incomes greater than $102,400 (12 months x 3.333 x $2,560).
HOUSEHOLD INCOME RANGE
Approximately 42 of households in this neighborhood have a total annual income of $102,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,560 per month.
MINIMUM INCOME RANGE : $102,400
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 34% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.
Rowena Gardens Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 14.0% |
| Financial Industries | 12.7% |
| Health Care & Social Assistance | 15.9% |
| Professional & Scientific Tech Services | 14.0% |
| Real Estate | 7.6% |
| Retail & Wholesale Trader | 10.8% |
| Other | 24.8% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 20% is 24 or younger and 23% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.0% |
| 15-19 | 5.4% |
| 20-24 | 0.0% |
| 25-44 | 21.8% |
| 45-65 | 34.4% |
| 66+ | 23.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.8% |
| Construction | 12.8% |
| Legal | 9.4% |
| Management, Business, & Financial | 29.1% |
| Production & Transportation | 7.7% |
| Sales & Office | 14.5% |
| Other | 19.7% |
HIGHEST EDUCATION LEVEL
38% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.4% |
| High School | 11.3% |
| Masters Degree | 21.8% |
| Professional | 7.5% |
| Some College | 3.8% |
| Other | 47.3% |
2302 Leu Rd Comps
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2302 Leu Rd, Orlando, FL 32803 is a single family home of 2,355 sqft. HomeUnion INVESTimateĀ® for 2302 Leu Rd includes a Price Estimate of $660,560 and a Rent Estimate of $2,560. This single family home has 3 bedrooms,3 bathrooms, and was built in 1954. This property has an estimated 15 year annualized Yield of 4.65% and Total Return of 8.11%. The estimated 1 year forecast in home value for 2302 Leu Rd is 2.17%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , ORANGE County , or the 32803 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
