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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

4754 Merwin Ave De Leon Springs, FL 32130

2 Beds 1 Baths 624 sqft Built 1945
Last updated:  Jan 23, 2020

INVESTimate

$147,003

$125K - $169K

Price Est.

$965

878 - $1.1K

Rent Est.

$159,748  ( +8.67%)   1 YR EST. FORECAST
  
  
  

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4754 Merwin Ave PROPERTY INFO

FACTS
  • Built In 1945
  • Price/Sqft : $235.58
CONSTRUCTION
  • Beds : 2
  • Floor Size : 624 sqft
  • Baths : 1 Full

4754 Merwin Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCINNIS ELEMENTARY SCHOOL Primary Regular 395 36 4
T. DEWITT TAYLOR MIDDLE-HIGH SCHOOL Middle Regular 1,013 67 4
T. DEWITT TAYLOR MIDDLE-HIGH SCHOOL High Regular 1,013 67 4

MCINNIS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 395
  • # of teachers: 36
4
GreatSchools Rating

T. DEWITT TAYLOR MIDDLE-HIGH SCHOOL

  • Education Level: Middle
  • # of students: 1,013
  • # of teachers: 67
4
GreatSchools Rating

T. DEWITT TAYLOR MIDDLE-HIGH SCHOOL

  • Education Level: High
  • # of students: 1,013
  • # of teachers: 67
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Burwyn Park

  • 202

    POPULATION
  • 87

    HOUSEHOLDS
  • 54.9%

    WHITE COLLAR

Neighborhood : Burwyn Park

HOUSEHOLDS
87
POPULATION

202

10.1%Renters
89.9%Home Owners
LABOR FORCE

 

54.9%White Collar
45.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $965 per month.

MY RENT : $965 MEDIAN RENT : $1,490

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.9%
$1,000-1,499 50.9%
>=$1,500 48.1%
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 $965 would therefore be considered affordable for annual household incomes greater than $38,600 (12 months x 3.333 x $965).

Rent % Affordability
Above $500 94.3%
Above $700 91.3%
Above $1,100 75.6%
Above $1,500 54.0%
Above $1,900 23.6%
HOUSEHOLD INCOME RANGE

Approximately 58 of households in this neighborhood have a total annual income of $38,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $965 per month.

MINIMUM INCOME RANGE : $38,600

Income % Distribution
<$20K 5.7%
$20K-$35K 5.7%
$35K-$60K 34.5%
$60K-$100K 43.7%
>=$100K 10.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.5%
5-9 mins 6.2%
10-14 mins 7.5%
15-19 mins 32.5%
20-29 mins 7.5%
30-44 mins 18.8%
45-59 mins 12.5%
>60 mins 12.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 99% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $965 per month.

MY RENT : $965 MEDIAN RENT : $1,490

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.9%
$1,000-1,499 50.9%
>=$1,500 48.1%
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 $965 would therefore be considered affordable for annual household incomes greater than $38,600 (12 months x 3.333 x $965).

Rent % Affordability
Above $500 94.3%
Above $700 91.3%
Above $1,100 75.6%
Above $1,500 54.0%
Above $1,900 23.6%
HOUSEHOLD INCOME RANGE

Approximately 58 of households in this neighborhood have a total annual income of $38,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $965 per month.

MINIMUM INCOME RANGE : $38,600

Income % Distribution
<$20K 5.7%
$20K-$35K 5.7%
$35K-$60K 34.5%
$60K-$100K 43.7%
>=$100K 10.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.5%
5-9 mins 6.2%
10-14 mins 7.5%
15-19 mins 32.5%
20-29 mins 7.5%
30-44 mins 18.8%
45-59 mins 12.5%
>60 mins 12.5%

Burwyn Park Demographics

INDUSTRY

Industry % Distribution
Construction 19.5%
Educational Services 11.7%
Health Care & Social Assistance 6.5%
Manufacturing 26.0%
Retail & Wholesale Trader 10.4%
Transportation 7.8%
Other 18.2%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 27% is 24 or younger and 30% is 65 or older.

Age % Distribution
<15 8.4%
15-19 3.5%
20-24 14.9%
25-44 19.3%
45-65 24.3%
66+ 29.7%
OCCUPATION

Occupation % Distribution
Construction 13.8%
Healthcare 7.7%
Management, Business, & Financial 10.8%
Natural Resources Maintenance 24.6%
Production & Transportation 15.4%
Sales & Office 16.9%
Other 10.8%
HIGHEST EDUCATION LEVEL

16% 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 33.5%
Masters Degree 3.7%
Some College 21.1%
Some High School 20.5%
Other 10.6%

4754 Merwin Ave Comps

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4754 Merwin Ave, De Leon Springs, FL 32130 is a single family home of 624 sqft. HomeUnion INVESTimateĀ® for 4754 Merwin Ave includes a Price Estimate of $147,003 and a Rent Estimate of $965. This single family home has 2 bedrooms,1 bathrooms, and was built in 1945. This property has an estimated 15 year annualized Yield of 7.88% and Total Return of 25.67%. The estimated 1 year forecast in home value for 4754 Merwin Ave is 8.67%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , VOLUSIA County , or the 32130 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 32720
  2. 32724