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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

400 La Siesta Dr Mexico Beach, FL 32456

3 Beds 3 Baths 1,476 sqft Built 2003
Last updated:  Nov 28, 2019

INVESTimate

$309,237

$294K - $325K

Price Est.

$1,503

$1.3K - $1.8K

Rent Est.

$331,440  ( +7.18%)   1 YR EST. FORECAST
  
  
  

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400 La Siesta Dr PROPERTY INFO

FACTS
  • Built In 2003
  • Price/Sqft : $209.51
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,476 sqft
  • Baths : 2 Full 1 Half

400 La Siesta Dr SCHOOLS

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Financial Details

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Neighborhood

La Siesta

  • 37

    POPULATION
  • 15

    HOUSEHOLDS
  • 61.3%

    WHITE COLLAR

Neighborhood : La Siesta

HOUSEHOLDS
15
POPULATION

37

33.3%Renters
66.7%Home Owners
LABOR FORCE

 

61.3%White Collar
38.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,503 per month.

MY RENT : $1,503 MEDIAN RENT : $1,527

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 25.0%
>=$1,500 75.0%
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 $1,503 would therefore be considered affordable for annual household incomes greater than $60,120 (12 months x 3.333 x $1,503).

Rent % Affordability
Above $500 87.5%
Above $700 80.0%
Above $1,100 75.0%
Above $1,500 50.0%
Above $1,900 25.0%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $60,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,503 per month.

MINIMUM INCOME RANGE : $60,120

Income % Distribution
<$20K 12.5%
$20K-$35K 12.5%
$35K-$60K 25.0%
$60K-$100K 25.0%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 7.7%
10-14 mins 0.0%
15-19 mins 23.1%
20-29 mins 30.8%
30-44 mins 15.4%
45-59 mins 7.7%
>60 mins 7.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,503 per month.

MY RENT : $1,503 MEDIAN RENT : $1,527

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 25.0%
>=$1,500 75.0%
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 $1,503 would therefore be considered affordable for annual household incomes greater than $60,120 (12 months x 3.333 x $1,503).

Rent % Affordability
Above $500 87.5%
Above $700 80.0%
Above $1,100 75.0%
Above $1,500 50.0%
Above $1,900 25.0%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $60,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,503 per month.

MINIMUM INCOME RANGE : $60,120

Income % Distribution
<$20K 12.5%
$20K-$35K 12.5%
$35K-$60K 25.0%
$60K-$100K 25.0%
>=$100K 25.0%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.7%
5-9 mins 7.7%
10-14 mins 0.0%
15-19 mins 23.1%
20-29 mins 30.8%
30-44 mins 15.4%
45-59 mins 7.7%
>60 mins 7.7%

La Siesta Demographics

INDUSTRY

Industry % Distribution
Construction 8.3%
Educational Services 8.3%
Health Care & Social Assistance 25.0%
Professional & Scientific Tech Services 8.3%
Public Administration 8.3%
Retail & Wholesale Trader 16.7%
Other 25.0%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 14% is 24 or younger and 32% is 65 or older.

Age % Distribution
<15 5.4%
15-19 2.7%
20-24 5.4%
25-44 21.6%
45-65 32.4%
66+ 32.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 16.7%
Healthcare 33.3%
Management, Business, & Financial 16.7%
Natural Resources Maintenance 16.7%
Sales & Office 16.7%
Social 0.0%
Other -0.0%
HIGHEST EDUCATION LEVEL

31% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.3%
High School 20.7%
Masters Degree 13.8%
Some College 20.7%
Some High School 10.3%
Other 24.1%

400 La Siesta Dr Comps

Sorry, we do not have sufficient data available.

400 La Siesta Dr, Mexico Beach, FL 32456 is a single family home of 1,476 sqft. HomeUnion INVESTimateĀ® for 400 La Siesta Dr includes a Price Estimate of $309,237 and a Rent Estimate of $1,503. This single family home has 3 bedrooms,3 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 5.83% and Total Return of 19.85%. The estimated 1 year forecast in home value for 400 La Siesta Dr is 7.18%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , BAY County , or the 32456 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32410
  2. 32401
  3. 32312