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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

4975 N Tomoka Dr De Leon Springs, FL 32130

3 Beds 3 Baths 2,500 sqft Built 1987
Last updated:  Jan 23, 2020

INVESTimate

$266,213

$239K - $294K

Price Est.

$1,913

$1.7K - $2.1K

Rent Est.

$289,294  ( +8.67%)   1 YR EST. FORECAST
  
  
  

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4975 N Tomoka Dr PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $106.49
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,500 sqft
  • Baths : 2 Full 1 Half

4975 N Tomoka Dr 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

Tomoka Springs

  • 37

    POPULATION
  • 16

    HOUSEHOLDS
  • 65.1%

    WHITE COLLAR

Neighborhood : Tomoka Springs

HOUSEHOLDS
16
POPULATION

37

6.7%Renters
93.3%Home Owners
LABOR FORCE

 

65.1%White Collar
34.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,913 per month.

MY RENT : $1,913 MEDIAN RENT : $1,913

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $1,913 would therefore be considered affordable for annual household incomes greater than $76,520 (12 months x 3.333 x $1,913).

Rent % Affordability
Above $500 100.0%
Above $700 91.7%
Above $1,100 83.3%
Above $1,500 41.7%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $76,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,913 per month.

MINIMUM INCOME RANGE : $76,520

Income % Distribution
<$20K 0.0%
$20K-$35K 16.7%
$35K-$60K 41.7%
$60K-$100K 25.0%
>=$100K 16.7%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 4.8%
10-14 mins 14.3%
15-19 mins 19.0%
20-29 mins 14.3%
30-44 mins 23.8%
45-59 mins 9.5%
>60 mins 9.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,913 per month.

MY RENT : $1,913 MEDIAN RENT : $1,913

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $1,913 would therefore be considered affordable for annual household incomes greater than $76,520 (12 months x 3.333 x $1,913).

Rent % Affordability
Above $500 100.0%
Above $700 91.7%
Above $1,100 83.3%
Above $1,500 41.7%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $76,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,913 per month.

MINIMUM INCOME RANGE : $76,520

Income % Distribution
<$20K 0.0%
$20K-$35K 16.7%
$35K-$60K 41.7%
$60K-$100K 25.0%
>=$100K 16.7%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 4.8%
10-14 mins 14.3%
15-19 mins 19.0%
20-29 mins 14.3%
30-44 mins 23.8%
45-59 mins 9.5%
>60 mins 9.5%

Tomoka Springs Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.5%
Construction 10.5%
Educational Services 15.8%
Health Care & Social Assistance 10.5%
Manufacturing 10.5%
Retail & Wholesale Trader 15.8%
Other 26.3%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 24% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 16.2%
15-19 5.4%
20-24 2.7%
25-44 21.6%
45-65 37.8%
66+ 16.2%
OCCUPATION

Occupation % Distribution
Clean 12.5%
Construction 12.5%
Management, Business, & Financial 18.8%
Natural Resources Maintenance 12.5%
Production & Transportation 6.2%
Sales & Office 25.0%
Other 12.5%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.8%
High School 27.6%
Professional 3.4%
Some College 31.0%
Some High School 10.3%
Other 13.8%

4975 N Tomoka Dr Comps

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4975 N Tomoka Dr, De Leon Springs, FL 32130 is a single family home of 2,500 sqft. HomeUnion INVESTimateĀ® for 4975 N Tomoka Dr includes a Price Estimate of $266,213 and a Rent Estimate of $1,913. This single family home has 3 bedrooms,3 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 8.62% and Total Return of 24.35%. The estimated 1 year forecast in home value for 4975 N Tomoka Dr 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

Nearest zipcodes within 2 miles

  1. 32724