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25087 Hunt Ln PROPERTY INFO
FACTS
- Built In 1973
- Price/Sqft : $397.94
CONSTRUCTION
- Beds : 2
- Floor Size : 1,174 sqft
- Baths : 2 Full
25087 Hunt Ln SCHOOLS
Financial Details
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SUMMERLAND KEY
Neighborhood : SUMMERLAND KEY
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 $3,207 per month.
MY RENT : $3,207 MEDIAN RENT : $3,800
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 $3,207 would therefore be considered affordable for annual household incomes greater than $128,280 (12 months x 3.333 x $3,207).
HOUSEHOLD INCOME RANGE
Approximately 542 of households in this neighborhood have a total annual income of $128,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,207 per month.
MINIMUM INCOME RANGE : $128,280
COMMUTE TIME DISTRIBUTION
57% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
SUMMERLAND KEY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 16.5% |
Construction | 9.8% |
Health Care & Social Assistance | 9.1% |
Public Administration | 10.9% |
Retail & Wholesale Trader | 12.7% |
Transportation | 7.6% |
Other | 33.4% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 16% is 24 or younger and 26% is 65 or older.
Age | % Distribution |
---|---|
<15 | 10.0% |
15-19 | 2.4% |
20-24 | 3.9% |
25-44 | 23.6% |
45-65 | 33.9% |
66+ | 26.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.1% |
Healthcare | 7.8% |
Management, Business, & Financial | 20.6% |
Natural Resources Maintenance | 15.2% |
Production & Transportation | 7.8% |
Sales & Office | 20.1% |
Other | 23.4% |
HIGHEST EDUCATION LEVEL
21% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.8% |
High School | 25.1% |
Masters Degree | 8.1% |
Some College | 22.7% |
Some High School | 5.0% |
Other | 31.4% |
25087 Hunt Ln Comps
25087 Hunt Ln, Summerland Key, FL 33042 is a single family home of 1,174 sqft. HomeUnion INVESTimateĀ® for 25087 Hunt Ln includes a Price Estimate of $467,186 and a Rent Estimate of $3,207. This single family home has 2 bedrooms,2 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 8.24% and Total Return of 24.81%. The estimated 1 year forecast in home value for 25087 Hunt Ln is 5.31%.
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