407 Quebec Ave PROPERTY INFO
FACTS
- Built In 1985
- Price/Sqft : $151.80
CONSTRUCTION
- Beds : 2
- Floor Size : 1,026 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
407 Quebec Ave, De Leon Springs, FL 32130 is a single family home of 1,026 sqft. HomeUnion estimate for 407 Quebec Ave includes a Price Estimate of $155,748 and a Rent Estimate of $1,165. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 8.98% and Total Return of 29.42%. The estimated 1 year forecast in home value for 407 Quebec Ave is 8.67%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
407 Quebec Ave SCHOOLS
Financial Details
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Ponce de Leon Springs
Neighborhood : Ponce de Leon Springs
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,165 per month.
MY RENT : $1,165 MEDIAN RENT : $1,313
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 $1,165 would therefore be considered affordable for annual household incomes greater than $46,600 (12 months x 3.333 x $1,165).
HOUSEHOLD INCOME RANGE
Approximately 42 of households in this neighborhood have a total annual income of $46,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,165 per month.
MINIMUM INCOME RANGE : $46,600
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 46% has a commute time of 45 minutes or longer.
Ponce de Leon Springs Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 11.7% |
Agriculture, Fishing & Game | 10.0% |
Construction | 15.0% |
Educational Services | 10.0% |
Health Care & Social Assistance | 25.0% |
Professional & Scientific Tech Services | 11.7% |
Other | 16.7% |
AGE DISTRIBUTION
45% of the population is between the ages of 25 and 64, 30% is 24 or younger and 25% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.8% |
15-19 | 7.3% |
20-24 | 1.2% |
25-44 | 11.7% |
45-65 | 33.3% |
66+ | 24.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 12.1% |
Construction | 9.1% |
Healthcare | 9.1% |
Natural Resources Maintenance | 48.5% |
Sales & Office | 21.2% |
Social | 0.0% |
Other | 0.0% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
High School | 14.5% |
Masters Degree | 8.7% |
Professional | 3.5% |
Some College | 3.5% |
Some High School | 51.6% |
Other | 18.3% |
407 Quebec Ave Comps
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