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

23032 Se 57th Ln Cross Creek, FL 32640

3 Beds 2 Baths 1,634 sqft Built 2005
Last updated:  Dec 26, 2019

INVESTimate

$133,694

$126K - $141K

Price Est.

$1,565

$1.4K - $1.7K

Rent Est.

$132,772  ( -0.69%)   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

23032 Se 57th Ln PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $81.82
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,634 sqft
  • Baths : 2 Full

23032 Se 57th Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CHESTER SHELL ELEMENTARY SCHOOL Primary Regular 203 15 3
HAWTHORNE MIDDLE-HIGH SCHOOL Middle Regular 310 17 1
HAWTHORNE MIDDLE-HIGH SCHOOL High Regular 310 17 1

CHESTER SHELL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 203
  • # of teachers: 15
3
GreatSchools Rating

HAWTHORNE MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 310
  • # of teachers: 17
1
GreatSchools Rating

HAWTHORNE MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 310
  • # of teachers: 17
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

HAWTHORNE

  • 10,669

    POPULATION
  • 4,310

    HOUSEHOLDS
  • 47.6%

    WHITE COLLAR

Neighborhood : HAWTHORNE

HOUSEHOLDS
4,310
POPULATION

10,669

22.7%Renters
77.3%Home Owners
LABOR FORCE

 

47.6%White Collar
52.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,565 per month.

MY RENT : $1,565 MEDIAN RENT : $1,159

Rent % Distribution LEVEL
$500-699 1.3%
$700-899 24.2%
$900-999 10.5%
$1,000-1,499 36.3%
>=$1,500 27.6%
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 $1,565 would therefore be considered affordable for annual household incomes greater than $62,600 (12 months x 3.333 x $1,565).

Rent % Affordability
Above $500 76.2%
Above $700 67.5%
Above $1,100 47.0%
Above $1,500 28.8%
Above $1,900 19.5%
HOUSEHOLD INCOME RANGE

Approximately 744 of households in this neighborhood have a total annual income of $62,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,565 per month.

MINIMUM INCOME RANGE : $62,600

Income % Distribution
<$20K 23.8%
$20K-$35K 19.5%
$35K-$60K 27.9%
$60K-$100K 18.5%
>=$100K 10.3%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 5.9%
10-14 mins 7.6%
15-19 mins 9.9%
20-29 mins 13.2%
30-44 mins 34.3%
45-59 mins 18.4%
>60 mins 8.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 28% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,565 per month.

MY RENT : $1,565 MEDIAN RENT : $1,159

Rent % Distribution
$500-699 1.3%
$700-899 24.2%
$900-999 10.5%
$1,000-1,499 36.3%
>=$1,500 27.6%
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 $1,565 would therefore be considered affordable for annual household incomes greater than $62,600 (12 months x 3.333 x $1,565).

Rent % Affordability
Above $500 76.2%
Above $700 67.5%
Above $1,100 47.0%
Above $1,500 28.8%
Above $1,900 19.5%
HOUSEHOLD INCOME RANGE

Approximately 744 of households in this neighborhood have a total annual income of $62,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,565 per month.

MINIMUM INCOME RANGE : $62,600

Income % Distribution
<$20K 23.8%
$20K-$35K 19.5%
$35K-$60K 27.9%
$60K-$100K 18.5%
>=$100K 10.3%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.2%
5-9 mins 5.9%
10-14 mins 7.6%
15-19 mins 9.9%
20-29 mins 13.2%
30-44 mins 34.3%
45-59 mins 18.4%
>60 mins 8.5%

HAWTHORNE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.2%
Construction 8.0%
Educational Services 10.1%
Health Care & Social Assistance 14.9%
Public Administration 6.2%
Retail & Wholesale Trader 17.4%
Other 36.2%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 24% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 15.0%
15-19 4.8%
20-24 4.5%
25-44 20.7%
45-65 32.8%
66+ 22.1%
OCCUPATION

Occupation % Distribution
Healthcare 11.1%
Management, Business, & Financial 12.0%
Natural Resources Maintenance 17.2%
Production & Transportation 11.7%
Protect 4.7%
Sales & Office 23.2%
Other 20.1%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.8%
High School 38.3%
Masters Degree 5.2%
Some College 20.6%
Some High School 15.2%
Other 10.9%

23032 Se 57th Ln Comps

Sorry, we do not have sufficient data available.

23032 Se 57th Ln, Cross Creek, FL 32640 is a single family home of 1,634 sqft. HomeUnion INVESTimateĀ® for 23032 Se 57th Ln includes a Price Estimate of $133,694 and a Rent Estimate of $1,565. This single family home has 3 bedrooms,2 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 14.05% and Total Return of 19.61%. The estimated 1 year forecast in home value for 23032 Se 57th Ln is -0.69%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , ALACHUA County , or the 32640 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

No Zipcodes available