Financial Details3905 Sw County Road 18a PROPERTY INFO
FACTS
- Built In 1971
- Price/Sqft : $165.28
CONSTRUCTION
- Beds : 5
- Floor Size : 952 sqft
- Baths : 3 Full
PROPERTY DESCRIPTION
3905 Sw County Road 18a, Lake Butler, FL 32054 is a single family home of 952 sqft. HomeUnion estimate for 3905 Sw County Road 18a includes a Price Estimate of $157,342 and a Rent Estimate of $1,408. This single family home has 5 bedrooms, 3 bathrooms, and was built in 1971. This property has an estimated 15 year annualized Yield of 10.74% and Total Return of 28.00%. The estimated 1 year forecast in home value for 3905 Sw County Road 18a is 7.82%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
3905 Sw County Road 18a SCHOOLS
Financial Details
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LAKE BUTLER
Neighborhood : LAKE BUTLER
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 29% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,408 per month.
MY RENT : $1,408 MEDIAN RENT : $1,239
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 $1,408 would therefore be considered affordable for annual household incomes greater than $56,320 (12 months x 3.333 x $1,408).
HOUSEHOLD INCOME RANGE
Approximately 1,061 of households in this neighborhood have a total annual income of $56,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,408 per month.
MINIMUM INCOME RANGE : $56,320
COMMUTE TIME DISTRIBUTION
49% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.
LAKE BUTLER Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Educational Services | 7.2% |
| Health Care & Social Assistance | 12.9% |
| Manufacturing | 6.0% |
| Public Administration | 17.6% |
| Retail & Wholesale Trader | 14.7% |
| Transportation | 7.9% |
| Other | 33.6% |
AGE DISTRIBUTION
58% of the population is between the ages of 25 and 64, 30% is 24 or younger and 12% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 18.0% |
| 15-19 | 5.8% |
| 20-24 | 6.1% |
| 25-44 | 30.9% |
| 45-65 | 27.5% |
| 66+ | 11.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 10.9% |
| Management, Business, & Financial | 11.0% |
| Natural Resources Maintenance | 11.0% |
| Production & Transportation | 18.8% |
| Protect | 14.3% |
| Sales & Office | 20.4% |
| Other | 13.7% |
HIGHEST EDUCATION LEVEL
9% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 7.0% |
| High School | 40.5% |
| Masters Degree | 1.8% |
| Some College | 20.0% |
| Some High School | 24.5% |
| Other | 6.3% |
3905 Sw County Road 18a Comps
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