OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
453 Sw Rosemary Dr PROPERTY INFO
FACTS
- Built In 2008
- Price/Sqft : $143.69
CONSTRUCTION
- Beds : 4
- Floor Size : 3,001 sqft
- Baths : 2 Full 1 Half
453 Sw Rosemary Dr SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
LAKE CITY
Neighborhood : LAKE CITY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,256 per month.
MY RENT : $2,256 MEDIAN RENT : $1,420
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 $2,256 would therefore be considered affordable for annual household incomes greater than $90,240 (12 months x 3.333 x $2,256).
HOUSEHOLD INCOME RANGE
Approximately 1,481 of households in this neighborhood have a total annual income of $90,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,256 per month.
MINIMUM INCOME RANGE : $90,240
COMMUTE TIME DISTRIBUTION
61% of the working population has a commute time of 15 to 44 minutes, 20% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
LAKE CITY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.8% |
Construction | 9.6% |
Health Care & Social Assistance | 12.8% |
Public Administration | 10.1% |
Retail & Wholesale Trader | 16.4% |
Transportation | 7.6% |
Other | 35.7% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 32% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.5% |
15-19 | 6.3% |
20-24 | 5.9% |
25-44 | 21.7% |
45-65 | 28.4% |
66+ | 18.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 10.5% |
Management, Business, & Financial | 14.6% |
Natural Resources Maintenance | 14.2% |
Production & Transportation | 9.6% |
Protect | 5.2% |
Sales & Office | 25.5% |
Other | 20.4% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.6% |
High School | 37.9% |
Masters Degree | 3.5% |
Some College | 22.7% |
Some High School | 10.7% |
Other | 14.6% |
453 Sw Rosemary Dr Comps
453 Sw Rosemary Dr, Lake City, FL 32024 is a single family home of 3,001 sqft. HomeUnion INVESTimateĀ® for 453 Sw Rosemary Dr includes a Price Estimate of $431,205 and a Rent Estimate of $2,256. This single family home has 4 bedrooms,3 bathrooms, and was built in 2008. This property has an estimated 15 year annualized Yield of 6.28% and Total Return of 16.87%. The estimated 1 year forecast in home value for 453 Sw Rosemary Dr is 5.32%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , COLUMBIA County , or the 32024 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2