Financial Details485 Cordova Ave PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $110.24
CONSTRUCTION
- Beds : 3
- Floor Size : 1,698 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
485 Cordova Ave, De Leon Springs, FL 32130 is a single family home of 1,698 sqft. HomeUnion estimate for 485 Cordova Ave includes a Price Estimate of $187,195 and a Rent Estimate of $1,585. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 10.16% and Total Return of 28.97%. The estimated 1 year forecast in home value for 485 Cordova Ave is 8.67%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
485 Cordova Ave SCHOOLS
Financial Details
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Ponce de Leon Springs
Neighborhood : Ponce de Leon Springs
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 21% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,585 per month.
MY RENT : $1,585 MEDIAN RENT : $1,313
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 $1,585 would therefore be considered affordable for annual household incomes greater than $63,400 (12 months x 3.333 x $1,585).
HOUSEHOLD INCOME RANGE
Approximately 14 of households in this neighborhood have a total annual income of $63,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,585 per month.
MINIMUM INCOME RANGE : $63,400
COMMUTE TIME DISTRIBUTION
39% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 46% has a commute time of 45 minutes or longer.
Ponce de Leon Springs Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 11.7% |
| Agriculture, Fishing & Game | 10.0% |
| Construction | 15.0% |
| Educational Services | 10.0% |
| Health Care & Social Assistance | 25.0% |
| Professional & Scientific Tech Services | 11.7% |
| Other | 16.7% |
AGE DISTRIBUTION
45% of the population is between the ages of 25 and 64, 30% is 24 or younger and 25% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.8% |
| 15-19 | 7.3% |
| 20-24 | 1.2% |
| 25-44 | 11.7% |
| 45-65 | 33.3% |
| 66+ | 24.6% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 12.1% |
| Construction | 9.1% |
| Healthcare | 9.1% |
| Natural Resources Maintenance | 48.5% |
| Sales & Office | 21.2% |
| Social | 0.0% |
| Other | 0.0% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| High School | 14.5% |
| Masters Degree | 8.7% |
| Professional | 3.5% |
| Some College | 3.5% |
| Some High School | 51.6% |
| Other | 18.3% |
485 Cordova Ave Comps
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