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This page contains information about each property aggregated from public data sources, 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.

3486 Rostan Ln Village Of Palm Springs, FL 33461

0 Beds 0 Baths 2,544 sqft Built 1972
Last updated:  Dec 26, 2019

INVESTimate

$335,113

$324K - $346K

Price Est.

$2,368

$2.2K - $2.5K

Rent Est.

$370,434  ( +10.54%)   1 YR EST. FORECAST

3486 Rostan Ln PROPERTY INFO

FACTS
  • Built In 1972
  • Price/Sqft : $131.73
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,544 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
3486 Rostan Ln, Village Of Palm Springs, FL 33461 is a single family home of 2,544 sqft. HomeUnion estimate for 3486 Rostan Ln includes a Price Estimate of $335,113 and a Rent Estimate of $2,368. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 8.48% and Total Return of 30.55%. The estimated 1 year forecast in home value for 3486 Rostan Ln is 10.54%.
  
  
  

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3486 Rostan Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PALM SPRINGS ELEMENTARY SCHOOL Primary Regular 878 64 3
L.C. SWAIN MIDDLE SCHOOL Middle Regular 1,067 68 4
JOHN I. LEONARD HIGH SCHOOL High Magnet 2,499 135 4

PALM SPRINGS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 878
  • # of teachers: 64
3
GreatSchools Rating

L.C. SWAIN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,067
  • # of teachers: 68
4
GreatSchools Rating

JOHN I. LEONARD HIGH SCHOOL

  • Education Level: High
  • # of students: 2,499
  • # of teachers: 135
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Lakewood Gardens North

  • 502

    POPULATION
  • 154

    HOUSEHOLDS
  • 45.3%

    WHITE COLLAR

Neighborhood : Lakewood Gardens North

HOUSEHOLDS
154
POPULATION

502

48.4%Renters
51.6%Home Owners
LABOR FORCE

 

45.3%White Collar
54.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,368 per month.

MY RENT : $2,368 MEDIAN RENT : $1,713

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 32.6%
>=$1,500 67.4%
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 $2,368 would therefore be considered affordable for annual household incomes greater than $94,720 (12 months x 3.333 x $2,368).

Rent % Affordability
Above $500 74.5%
Above $700 63.5%
Above $1,100 44.4%
Above $1,500 29.4%
Above $1,900 13.5%
HOUSEHOLD INCOME RANGE

Approximately 13 of households in this neighborhood have a total annual income of $94,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,368 per month.

MINIMUM INCOME RANGE : $94,720

Income % Distribution
<$20K 25.5%
$20K-$35K 24.2%
$35K-$60K 20.9%
$60K-$100K 22.2%
>=$100K 7.2%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 8.4%
10-14 mins 20.5%
15-19 mins 11.4%
20-29 mins 26.0%
30-44 mins 15.4%
45-59 mins 2.2%
>60 mins 14.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 67% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,368 per month.

MY RENT : $2,368 MEDIAN RENT : $1,713

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 32.6%
>=$1,500 67.4%
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 $2,368 would therefore be considered affordable for annual household incomes greater than $94,720 (12 months x 3.333 x $2,368).

Rent % Affordability
Above $500 74.5%
Above $700 63.5%
Above $1,100 44.4%
Above $1,500 29.4%
Above $1,900 13.5%
HOUSEHOLD INCOME RANGE

Approximately 13 of households in this neighborhood have a total annual income of $94,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,368 per month.

MINIMUM INCOME RANGE : $94,720

Income % Distribution
<$20K 25.5%
$20K-$35K 24.2%
$35K-$60K 20.9%
$60K-$100K 22.2%
>=$100K 7.2%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 30% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 8.4%
10-14 mins 20.5%
15-19 mins 11.4%
20-29 mins 26.0%
30-44 mins 15.4%
45-59 mins 2.2%
>60 mins 14.7%

Lakewood Gardens North Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.7%
Arts & Entertainment 13.9%
Construction 14.7%
Financial Industries 7.0%
Health Care & Social Assistance 14.3%
Retail & Wholesale Trader 26.4%
Other 16.1%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 34% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 20.1%
15-19 7.2%
20-24 6.6%
25-44 44.2%
45-65 9.8%
66+ 12.2%
OCCUPATION

Occupation % Distribution
Clean 7.1%
Education 14.8%
Healthcare 8.2%
Management, Business, & Financial 13.1%
Natural Resources Maintenance 24.6%
Sales & Office 14.2%
Other 18.0%
HIGHEST EDUCATION LEVEL

12% 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 43.9%
Masters Degree 3.6%
Some College 16.1%
Some High School 10.1%
Other 18.5%

3486 Rostan Ln Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , PALM BEACH County , or the 33461 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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