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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

5531 East Ave De Leon Springs, FL 32130

3 Beds 3 Baths 3,334 sqft Built 1985
Last updated:  Jan 23, 2020

INVESTimate

$407,979

$347K - $469K

Price Est.

$2,748

$2.5K - $3.0K

Rent Est.

$443,351  ( +8.67%)   1 YR EST. FORECAST
  
  
  

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5531 East Ave PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $122.37
CONSTRUCTION
  • Beds : 3
  • Floor Size : 3,334 sqft
  • Baths : 3 Full

5531 East 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

Deleon Springs Heights

  • 352

    POPULATION
  • 129

    HOUSEHOLDS
  • 60.0%

    WHITE COLLAR

Neighborhood : Deleon Springs Heights

HOUSEHOLDS
129
POPULATION

352

9.2%Renters
90.8%Home Owners
LABOR FORCE

 

60.0%White Collar
40.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,748 per month.

MY RENT : $2,748 MEDIAN RENT : $1,321

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.6%
$900-999 2.5%
$1,000-1,499 59.2%
>=$1,500 37.6%
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 $2,748 would therefore be considered affordable for annual household incomes greater than $109,920 (12 months x 3.333 x $2,748).

Rent % Affordability
Above $500 91.5%
Above $700 79.8%
Above $1,100 59.1%
Above $1,500 31.0%
Above $1,900 21.5%
HOUSEHOLD INCOME RANGE

Approximately 11 of households in this neighborhood have a total annual income of $109,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,748 per month.

MINIMUM INCOME RANGE : $109,920

Income % Distribution
<$20K 8.5%
$20K-$35K 24.8%
$35K-$60K 35.7%
$60K-$100K 15.5%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 3.4%
10-14 mins 13.0%
15-19 mins 21.2%
20-29 mins 22.6%
30-44 mins 20.5%
45-59 mins 8.9%
>60 mins 6.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,748 per month.

MY RENT : $2,748 MEDIAN RENT : $1,321

Rent % Distribution
$500-699 0.0%
$700-899 0.6%
$900-999 2.5%
$1,000-1,499 59.2%
>=$1,500 37.6%
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 $2,748 would therefore be considered affordable for annual household incomes greater than $109,920 (12 months x 3.333 x $2,748).

Rent % Affordability
Above $500 91.5%
Above $700 79.8%
Above $1,100 59.1%
Above $1,500 31.0%
Above $1,900 21.5%
HOUSEHOLD INCOME RANGE

Approximately 11 of households in this neighborhood have a total annual income of $109,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,748 per month.

MINIMUM INCOME RANGE : $109,920

Income % Distribution
<$20K 8.5%
$20K-$35K 24.8%
$35K-$60K 35.7%
$60K-$100K 15.5%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 15% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 3.4%
10-14 mins 13.0%
15-19 mins 21.2%
20-29 mins 22.6%
30-44 mins 20.5%
45-59 mins 8.9%
>60 mins 6.2%

Deleon Springs Heights Demographics

INDUSTRY

Industry % Distribution
Administrative Support 12.9%
Construction 9.2%
Educational Services 11.7%
Health Care & Social Assistance 10.4%
Manufacturing 11.0%
Retail & Wholesale Trader 14.7%
Other 30.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 26% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 15.3%
15-19 6.0%
20-24 4.5%
25-44 21.0%
45-65 30.7%
66+ 22.4%
OCCUPATION

Occupation % Distribution
Clean 14.8%
Construction 9.8%
Management, Business, & Financial 16.4%
Natural Resources Maintenance 10.7%
Production & Transportation 8.2%
Sales & Office 22.1%
Other 18.0%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.7%
High School 33.6%
Masters Degree 2.0%
Some College 25.4%
Some High School 12.3%
Other 16.0%

5531 East Ave Comps

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5531 East Ave, De Leon Springs, FL 32130 is a single family home of 3,334 sqft. HomeUnion INVESTimateĀ® for 5531 East Ave includes a Price Estimate of $407,979 and a Rent Estimate of $2,748. This single family home has 3 bedrooms,3 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 8.08% and Total Return of 25.46%. The estimated 1 year forecast in home value for 5531 East 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

Nearest zipcodes within 2 miles

  1. 32724