Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

6003 Howard Rd Callaway, FL 32404

3 Beds 2 Baths 1,522 sqft Built 1984
Last updated:  Nov 28, 2019

INVESTimate

$178,872

$173K - $185K

Price Est.

$1,336

$1.3K - $1.4K

Rent Est.

$190,946  ( +6.75%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190
  • 1348 JIMI LANE Conyers, GA
    • 3 beds 3 baths ∙ 1,728 Sqft ∙ Built 1986 ∙ 1units 3 beds 3 baths ∙ 1,728 Sqft ∙ Built 1986 ∙ 1units
    AVAILABLE fmls
    • 13.85% GROSS YIELD
    • $8,871 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,270

6003 Howard Rd PROPERTY INFO

FACTS
  • Built In 1984
  • Price/Sqft : $117.52
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,522 sqft
  • Baths : 2 Full

6003 Howard Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
TYNDALL ELEMENTARY SCHOOL Primary Regular 772 51 7
EVERITT MIDDLE SCHOOL Middle Regular 845 46 3
RUTHERFORD HIGH SCHOOL High Regular 1,301 69 5

TYNDALL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 772
  • # of teachers: 51
7
GreatSchools Rating

EVERITT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 845
  • # of teachers: 46
3
GreatSchools Rating

RUTHERFORD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,301
  • # of teachers: 69
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Bay Front

  • 376

    POPULATION
  • 123

    HOUSEHOLDS
  • 50.9%

    WHITE COLLAR

Neighborhood : Bay Front

HOUSEHOLDS
123
POPULATION

376

37.3%Renters
62.7%Home Owners
LABOR FORCE

 

50.9%White Collar
49.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,336 per month.

MY RENT : $1,336 MEDIAN RENT : $1,299

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 96.9%
>=$1,500 2.5%
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 $1,336 would therefore be considered affordable for annual household incomes greater than $53,440 (12 months x 3.333 x $1,336).

Rent % Affordability
Above $500 91.7%
Above $700 85.0%
Above $1,100 53.6%
Above $1,500 44.6%
Above $1,900 35.1%
HOUSEHOLD INCOME RANGE

Approximately 58 of households in this neighborhood have a total annual income of $53,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,336 per month.

MINIMUM INCOME RANGE : $53,440

Income % Distribution
<$20K 8.3%
$20K-$35K 19.0%
$35K-$60K 28.1%
$60K-$100K 19.8%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 13.2%
10-14 mins 9.9%
15-19 mins 28.5%
20-29 mins 17.9%
30-44 mins 13.2%
45-59 mins 13.9%
>60 mins 3.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 34% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,336 per month.

MY RENT : $1,336 MEDIAN RENT : $1,299

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.6%
$1,000-1,499 96.9%
>=$1,500 2.5%
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 $1,336 would therefore be considered affordable for annual household incomes greater than $53,440 (12 months x 3.333 x $1,336).

Rent % Affordability
Above $500 91.7%
Above $700 85.0%
Above $1,100 53.6%
Above $1,500 44.6%
Above $1,900 35.1%
HOUSEHOLD INCOME RANGE

Approximately 58 of households in this neighborhood have a total annual income of $53,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,336 per month.

MINIMUM INCOME RANGE : $53,440

Income % Distribution
<$20K 8.3%
$20K-$35K 19.0%
$35K-$60K 28.1%
$60K-$100K 19.8%
>=$100K 24.8%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 13.2%
10-14 mins 9.9%
15-19 mins 28.5%
20-29 mins 17.9%
30-44 mins 13.2%
45-59 mins 13.9%
>60 mins 3.3%

Bay Front Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.2%
Health Care & Social Assistance 14.2%
Professional & Scientific Tech Services 8.2%
Public Administration 17.2%
Retail & Wholesale Trader 16.4%
Transportation 6.7%
Other 26.1%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 35% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 22.3%
15-19 7.7%
20-24 5.3%
25-44 25.8%
45-65 23.1%
66+ 15.7%
OCCUPATION

Occupation % Distribution
Education 9.8%
Management, Business, & Financial 9.8%
Natural Resources Maintenance 13.0%
Production & Transportation 8.7%
Protect 12.0%
Sales & Office 12.0%
Other 34.8%
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 10.5%
High School 36.3%
Masters Degree 7.7%
Some College 23.4%
Some High School 9.3%
Other 12.9%

6003 Howard Rd Comps

Sorry, we do not have sufficient data available.

6003 Howard Rd, Callaway, FL 32404 is a single family home of 1,522 sqft. HomeUnion INVESTimateĀ® for 6003 Howard Rd includes a Price Estimate of $178,872 and a Rent Estimate of $1,336. This single family home has 3 bedrooms,2 bathrooms, and was built in 1984. This property has an estimated 15 year annualized Yield of 8.96% and Total Return of 23.57%. The estimated 1 year forecast in home value for 6003 Howard Rd is 6.75%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , BAY County , or the 32404 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32401