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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

481 Teenie Ct Tallahassee, FL 32312

0 Beds 0 Baths 2,658 sqft Built 1994
Last updated:  Jan 23, 2020

INVESTimate

$527,801

$515K - $541K

Price Est.

$2,375

$2.3K - $2.5K

Rent Est.

$550,549  ( +4.31%)   1 YR EST. FORECAST
  
  
  

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481 Teenie Ct PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $198.57
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,658 sqft
  • Baths : 0 Full

481 Teenie Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GILCHRIST ELEMENTARY SCHOOL Primary Regular 910 59 10
RAA MIDDLE SCHOOL Middle Magnet 903 45 7
LEON HIGH SCHOOL High Regular 1,904 86 8

GILCHRIST ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 910
  • # of teachers: 59
10
GreatSchools Rating

RAA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 903
  • # of teachers: 45
7
GreatSchools Rating

LEON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,904
  • # of teachers: 86
8
GreatSchools Rating
 

Financial Details

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Neighborhood

TALLAHASSEE

  • 32,740

    POPULATION
  • 12,499

    HOUSEHOLDS
  • 85.0%

    WHITE COLLAR

Neighborhood : TALLAHASSEE

HOUSEHOLDS
12,499
POPULATION

32,740

18.6%Renters
81.4%Home Owners
LABOR FORCE

 

85.0%White Collar
15.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,375 per month.

MY RENT : $2,375 MEDIAN RENT : $1,911

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.9%
$900-999 1.2%
$1,000-1,499 22.9%
>=$1,500 74.9%
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 $2,375 would therefore be considered affordable for annual household incomes greater than $95,000 (12 months x 3.333 x $2,375).

Rent % Affordability
Above $500 92.6%
Above $700 88.8%
Above $1,100 80.2%
Above $1,500 70.1%
Above $1,900 60.8%
HOUSEHOLD INCOME RANGE

Approximately 5,898 of households in this neighborhood have a total annual income of $95,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,375 per month.

MINIMUM INCOME RANGE : $95,000

Income % Distribution
<$20K 7.4%
$20K-$35K 8.0%
$35K-$60K 14.6%
$60K-$100K 24.1%
>=$100K 46.0%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 7.1%
10-14 mins 9.9%
15-19 mins 15.3%
20-29 mins 31.1%
30-44 mins 27.8%
45-59 mins 5.2%
>60 mins 3.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 75% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,375 per month.

MY RENT : $2,375 MEDIAN RENT : $1,911

Rent % Distribution
$500-699 0.0%
$700-899 0.9%
$900-999 1.2%
$1,000-1,499 22.9%
>=$1,500 74.9%
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 $2,375 would therefore be considered affordable for annual household incomes greater than $95,000 (12 months x 3.333 x $2,375).

Rent % Affordability
Above $500 92.6%
Above $700 88.8%
Above $1,100 80.2%
Above $1,500 70.1%
Above $1,900 60.8%
HOUSEHOLD INCOME RANGE

Approximately 5,898 of households in this neighborhood have a total annual income of $95,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,375 per month.

MINIMUM INCOME RANGE : $95,000

Income % Distribution
<$20K 7.4%
$20K-$35K 8.0%
$35K-$60K 14.6%
$60K-$100K 24.1%
>=$100K 46.0%
COMMUTE TIME DISTRIBUTION

74% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 7.1%
10-14 mins 9.9%
15-19 mins 15.3%
20-29 mins 31.1%
30-44 mins 27.8%
45-59 mins 5.2%
>60 mins 3.1%

TALLAHASSEE Demographics

INDUSTRY

Industry % Distribution
Educational Services 15.0%
Financial Industries 7.0%
Health Care & Social Assistance 13.2%
Professional & Scientific Tech Services 13.3%
Public Administration 14.4%
Retail & Wholesale Trader 10.1%
Other 26.9%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 18.4%
15-19 7.8%
20-24 5.7%
25-44 21.0%
45-65 30.1%
66+ 17.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.4%
Construction 9.9%
Healthcare 9.6%
Legal 5.3%
Management, Business, & Financial 29.6%
Sales & Office 20.7%
Other 16.5%
HIGHEST EDUCATION LEVEL

38% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.5%
High School 11.1%
Masters Degree 16.1%
Professional 7.4%
Some College 15.3%
Other 41.5%

481 Teenie Ct Comps

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481 Teenie Ct, Tallahassee, FL 32312 is a single family home of 2,658 sqft. HomeUnion INVESTimateĀ® for 481 Teenie Ct includes a Price Estimate of $527,801 and a Rent Estimate of $2,375. This single family home has 0 bedrooms,0 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 5.40% and Total Return of 12.38%. The estimated 1 year forecast in home value for 481 Teenie Ct is 4.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , LEON County , or the 32312 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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