Financial Details2449 County Road 1215 PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $72.62
CONSTRUCTION
- Beds : 0
- Floor Size : 1,344 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
2449 County Road 1215, Savoy, TX 75479 is a single family home of 1,344 sqft. HomeUnion estimate for 2449 County Road 1215 includes a Price Estimate of $97,596 and a Rent Estimate of $1,045. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 12.85% and Total Return of 23.61%. The estimated 1 year forecast in home value for 2449 County Road 1215 is 7.68%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2449 County Road 1215 SCHOOLS
Sorry, we do not have sufficient school data for this neighborhood.
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
SAVOY
Neighborhood : SAVOY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,045 per month.
MY RENT : $1,045 MEDIAN RENT : $1,113
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 $1,045 would therefore be considered affordable for annual household incomes greater than $41,800 (12 months x 3.333 x $1,045).
HOUSEHOLD INCOME RANGE
Approximately 287 of households in this neighborhood have a total annual income of $41,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,045 per month.
MINIMUM INCOME RANGE : $41,800
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
SAVOY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Construction | 5.9% |
| Educational Services | 16.1% |
| Health Care & Social Assistance | 14.9% |
| Manufacturing | 14.6% |
| Professional & Scientific Tech Services | 6.8% |
| Retail & Wholesale Trader | 13.4% |
| Other | 28.5% |
AGE DISTRIBUTION
48% of the population is between the ages of 25 and 64, 29% is 24 or younger and 23% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.7% |
| 15-19 | 7.7% |
| 20-24 | 6.8% |
| 25-44 | 19.5% |
| 45-65 | 28.2% |
| 66+ | 23.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 10.6% |
| Healthcare | 10.0% |
| Management, Business, & Financial | 12.3% |
| Natural Resources Maintenance | 11.2% |
| Production & Transportation | 19.6% |
| Sales & Office | 17.5% |
| Other | 18.9% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 9.4% |
| High School | 33.9% |
| Masters Degree | 5.2% |
| Some College | 27.5% |
| Some High School | 13.8% |
| Other | 10.1% |
2449 County Road 1215 Comps
Sorry, we do not have sufficient data available.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX , FANNIN County , or the 75479 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
