INVESTimate
$48,690
708 Long Dr PROPERTY INFO
FACTS
- Built In 1988
- Price/Sqft : $118.43
CONSTRUCTION
- Beds : 0
- Floor Size : 1,185 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
708 Long Dr, Macclenny, FL 32063 is a single family home of 1,185 sqft. HomeUnion estimate for 708 Long Dr includes a Price Estimate of $140,339 and a Rent Estimate of $1,179. This single family home has 0 bedrooms, 2 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 10.08% and Total Return of 23.40%. The estimated 1 year forecast in home value for 708 Long Dr is 5.67%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
708 Long Dr SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
MACCLENNY
Neighborhood : MACCLENNY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 63% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,179 per month.
MY RENT : $1,179 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 $1,179 would therefore be considered affordable for annual household incomes greater than $47,160 (12 months x 3.333 x $1,179).
HOUSEHOLD INCOME RANGE
Approximately 2,461 of households in this neighborhood have a total annual income of $47,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,179 per month.
MINIMUM INCOME RANGE : $47,160
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% |
708 Long Dr Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , BAKER County , or the 32063 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2