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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

5675 Gray Rd De Leon Springs, FL 32130

3 Beds 2 Baths 1,605 sqft Built 1987
Last updated:  Jan 23, 2020

INVESTimate

$160,087

$136K - $184K

Price Est.

$1,413

$1.3K - $1.5K

Rent Est.

$173,967  ( +8.67%)   1 YR EST. FORECAST
  
  
  

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5675 Gray Rd PROPERTY INFO

FACTS
  • Built In 1987
  • Price/Sqft : $99.74
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,605 sqft
  • Baths : 2 Full

5675 Gray Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCINNIS ELEMENTARY SCHOOL Primary Regular 395 36 4

MCINNIS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 395
  • # of teachers: 36
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 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,413 per month.

MY RENT : $1,413 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 $1,413 would therefore be considered affordable for annual household incomes greater than $56,520 (12 months x 3.333 x $1,413).

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 43 of households in this neighborhood have a total annual income of $56,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,413 per month.

MINIMUM INCOME RANGE : $56,520

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 48% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,413 per month.

MY RENT : $1,413 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 $1,413 would therefore be considered affordable for annual household incomes greater than $56,520 (12 months x 3.333 x $1,413).

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 43 of households in this neighborhood have a total annual income of $56,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,413 per month.

MINIMUM INCOME RANGE : $56,520

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%

5675 Gray Rd Comps

Sorry, we do not have sufficient data available.

5675 Gray Rd, De Leon Springs, FL 32130 is a single family home of 1,605 sqft. HomeUnion INVESTimateĀ® for 5675 Gray Rd includes a Price Estimate of $160,087 and a Rent Estimate of $1,413. This single family home has 3 bedrooms,2 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 10.59% and Total Return of 27.98%. The estimated 1 year forecast in home value for 5675 Gray Rd 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

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Nearest zipcodes within 2 miles

  1. 32724