INVESTimate
$42,801
707 Shortputt Dr PROPERTY INFO
FACTS
- Built In 1975
- Price/Sqft : $121.52
CONSTRUCTION
- Beds : 0
- Floor Size : 972 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
707 Shortputt Dr, Macclenny, FL 32063 is a single family home of 972 sqft. HomeUnion estimate for 707 Shortputt Dr includes a Price Estimate of $118,116 and a Rent Estimate of $925. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1975. This property has an estimated 15 year annualized Yield of 9.40% and Total Return of 20.94%. The estimated 1 year forecast in home value for 707 Shortputt Dr is 5.67%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
707 Shortputt Dr SCHOOLS
Financial Details
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MACCLENNY
Neighborhood : MACCLENNY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 89% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $925 per month.
MY RENT : $925 MEDIAN RENT : $1,300
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 $925 would therefore be considered affordable for annual household incomes greater than $37,000 (12 months x 3.333 x $925).
HOUSEHOLD INCOME RANGE
Approximately 2,568 of households in this neighborhood have a total annual income of $37,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $925 per month.
MINIMUM INCOME RANGE : $37,000
COMMUTE TIME DISTRIBUTION
44% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.
MACCLENNY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Construction | 7.9% |
Educational Services | 7.7% |
Health Care & Social Assistance | 17.1% |
Public Administration | 13.1% |
Retail & Wholesale Trader | 16.6% |
Transportation | 9.8% |
Other | 27.7% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 31% is 24 or younger and 16% is 65 or older.
Age | % Distribution |
---|---|
<15 | 19.5% |
15-19 | 5.9% |
20-24 | 6.0% |
25-44 | 24.6% |
45-65 | 28.3% |
66+ | 15.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 13.5% |
Management, Business, & Financial | 10.6% |
Natural Resources Maintenance | 12.3% |
Production & Transportation | 13.5% |
Protect | 8.7% |
Sales & Office | 25.7% |
Other | 15.6% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.3% |
High School | 35.8% |
Masters Degree | 3.7% |
Some College | 25.2% |
Some High School | 14.1% |
Other | 11.9% |
707 Shortputt Dr Comps
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