Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

4215 Sally Ln Village Of Palm Springs, FL 33461

0 Beds 1 Baths 1,270 sqft Built 1957
Last updated:  Jan 23, 2020

INVESTimate

$240,884

$232K - $249K

Price Est.

$1,614

$1.5K - $1.7K

Rent Est.

$266,273  ( +10.54%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

4215 Sally Ln PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $189.67
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,270 sqft
  • Baths : 1 Full

4215 Sally 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

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
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 $1,614 per month.

MY RENT : $1,614 MEDIAN RENT : $1,748

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 32.9%
>=$1,500 67.1%
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 $1,614 would therefore be considered affordable for annual household incomes greater than $64,560 (12 months x 3.333 x $1,614).

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 23 of households in this neighborhood have a total annual income of $64,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,614 per month.

MINIMUM INCOME RANGE : $64,560

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 $1,614 per month.

MY RENT : $1,614 MEDIAN RENT : $1,748

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 32.9%
>=$1,500 67.1%
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 $1,614 would therefore be considered affordable for annual household incomes greater than $64,560 (12 months x 3.333 x $1,614).

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 23 of households in this neighborhood have a total annual income of $64,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,614 per month.

MINIMUM INCOME RANGE : $64,560

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%

4215 Sally Ln Comps

Sorry, we do not have sufficient data available.

4215 Sally Ln, Village Of Palm Springs, FL 33461 is a single family home of 1,270 sqft. HomeUnion INVESTimateĀ® for 4215 Sally Ln includes a Price Estimate of $240,884 and a Rent Estimate of $1,614. This single family home has 0 bedrooms,1 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 8.04% and Total Return of 28.52%. The estimated 1 year forecast in home value for 4215 Sally Ln is 10.54%.

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

Browse other real estate investments on Sally Ln

  1. 4107 Sally Ln
  2. 4215 Sally Ln

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 33406
  2. 33463
  3. 33415
  4. 05375
  5. 33462
  6. 33460