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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

501 Forest Creek Run De Leon Springs, FL 32130

3 Beds 2 Baths 2,486 sqft Built 1981
Last updated:  Jan 23, 2020

INVESTimate

$391,942

$333K - $451K

Price Est.

$2,242

$2.0K - $2.4K

Rent Est.

$425,923  ( +8.67%)   1 YR EST. FORECAST
  
  
  

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501 Forest Creek Run PROPERTY INFO

FACTS
  • Built In 1981
  • Price/Sqft : $157.66
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,486 sqft
  • Baths : 2 Full

501 Forest Creek Run 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

Winona Woods

  • 33

    POPULATION
  • 15

    HOUSEHOLDS
  • 65.1%

    WHITE COLLAR

Neighborhood : Winona Woods

HOUSEHOLDS
15
POPULATION

33

7.7%Renters
92.3%Home Owners
LABOR FORCE

 

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

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,242 per month.

MY RENT : $2,242 MEDIAN RENT : $1,941

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.7%
>=$1,500 96.3%
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 $2,242 would therefore be considered affordable for annual household incomes greater than $89,680 (12 months x 3.333 x $2,242).

Rent % Affordability
Above $500 100.0%
Above $700 90.9%
Above $1,100 81.8%
Above $1,500 45.5%
Above $1,900 26.9%
HOUSEHOLD INCOME RANGE

Approximately 2 of households in this neighborhood have a total annual income of $89,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,242 per month.

MINIMUM INCOME RANGE : $89,680

Income % Distribution
<$20K 0.0%
$20K-$35K 18.2%
$35K-$60K 36.4%
$60K-$100K 27.3%
>=$100K 18.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 5.3%
10-14 mins 15.8%
15-19 mins 15.8%
20-29 mins 15.8%
30-44 mins 26.3%
45-59 mins 10.5%
>60 mins 5.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,242 per month.

MY RENT : $2,242 MEDIAN RENT : $1,941

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.7%
>=$1,500 96.3%
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 $2,242 would therefore be considered affordable for annual household incomes greater than $89,680 (12 months x 3.333 x $2,242).

Rent % Affordability
Above $500 100.0%
Above $700 90.9%
Above $1,100 81.8%
Above $1,500 45.5%
Above $1,900 26.9%
HOUSEHOLD INCOME RANGE

Approximately 2 of households in this neighborhood have a total annual income of $89,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,242 per month.

MINIMUM INCOME RANGE : $89,680

Income % Distribution
<$20K 0.0%
$20K-$35K 18.2%
$35K-$60K 36.4%
$60K-$100K 27.3%
>=$100K 18.2%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 5.3%
10-14 mins 15.8%
15-19 mins 15.8%
20-29 mins 15.8%
30-44 mins 26.3%
45-59 mins 10.5%
>60 mins 5.3%

Winona Woods Demographics

INDUSTRY

Industry % Distribution
Construction 11.8%
Educational Services 11.8%
Health Care & Social Assistance 11.8%
Manufacturing 11.8%
Real Estate 5.9%
Retail & Wholesale Trader 17.6%
Other 29.4%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 27% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 18.2%
15-19 6.1%
20-24 3.0%
25-44 21.2%
45-65 36.4%
66+ 15.2%
OCCUPATION

Occupation % Distribution
Clean 14.3%
Construction 14.3%
Management, Business, & Financial 14.3%
Natural Resources Maintenance 14.3%
Production & Transportation 7.1%
Sales & Office 28.6%
Other 7.1%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 15.4%
High School 26.9%
Professional 3.8%
Some College 30.8%
Some High School 7.7%
Other 15.4%

501 Forest Creek Run Comps

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501 Forest Creek Run, De Leon Springs, FL 32130 is a single family home of 2,486 sqft. HomeUnion INVESTimateĀ® for 501 Forest Creek Run includes a Price Estimate of $391,942 and a Rent Estimate of $2,242. This single family home has 3 bedrooms,2 bathrooms, and was built in 1981. This property has an estimated 15 year annualized Yield of 6.86% and Total Return of 24.69%. The estimated 1 year forecast in home value for 501 Forest Creek Run is 8.67%.

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