417 La Siesta Dr PROPERTY INFO
FACTS
- Built In 2000
- Price/Sqft : $118.48
CONSTRUCTION
- Beds : 2
- Floor Size : 1,080 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
417 La Siesta Dr, Mexico Beach, FL 32456 is a single family home of 1,080 sqft. HomeUnion estimate for 417 La Siesta Dr includes a Price Estimate of $127,960 and a Rent Estimate of $1,110. This single family home has 2 bedrooms, 2 bathrooms, and was built in 2000. This property has an estimated 15 year annualized Yield of 10.41% and Total Return of 27.34%. The estimated 1 year forecast in home value for 417 La Siesta Dr is 7.18%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
417 La Siesta Dr SCHOOLS
Financial Details
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La Siesta
Neighborhood : La Siesta
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 94% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,110 per month.
MY RENT : $1,110 MEDIAN RENT : $1,527
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 $1,110 would therefore be considered affordable for annual household incomes greater than $44,400 (12 months x 3.333 x $1,110).
HOUSEHOLD INCOME RANGE
Approximately 5 of households in this neighborhood have a total annual income of $44,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,110 per month.
MINIMUM INCOME RANGE : $44,400
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.
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% |
417 La Siesta Dr Comps
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