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80 Toxaway Shrs 9 PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $326.85
CONSTRUCTION
- Beds : 3
- Floor Size : 1,971 sqft
- Baths : 2 Full
80 Toxaway Shrs 9 SCHOOLS
Financial Details
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LAKE TOXAWAY
Neighborhood : LAKE TOXAWAY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 50% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,735 per month.
MY RENT : $1,735 MEDIAN RENT : $1,495
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 $1,735 would therefore be considered affordable for annual household incomes greater than $69,400 (12 months x 3.333 x $1,735).
HOUSEHOLD INCOME RANGE
Approximately 157 of households in this neighborhood have a total annual income of $69,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,735 per month.
MINIMUM INCOME RANGE : $69,400
COMMUTE TIME DISTRIBUTION
59% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.
LAKE TOXAWAY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 7.6% |
Construction | 17.6% |
Educational Services | 8.1% |
Health Care & Social Assistance | 7.3% |
Professional & Scientific Tech Services | 10.9% |
Retail & Wholesale Trader | 14.7% |
Other | 33.8% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 19% is 24 or younger and 28% is 65 or older.
Age | % Distribution |
---|---|
<15 | 9.7% |
15-19 | 6.3% |
20-24 | 3.4% |
25-44 | 19.7% |
45-65 | 32.9% |
66+ | 28.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 6.6% |
Management, Business, & Financial | 17.2% |
Natural Resources Maintenance | 14.9% |
PCare | 10.0% |
Production & Transportation | 11.5% |
Sales & Office | 29.6% |
Other | 10.2% |
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 | 7.3% |
High School | 41.8% |
Masters Degree | 3.1% |
Some College | 21.6% |
Some High School | 12.0% |
Other | 14.3% |
80 Toxaway Shrs 9 Comps
80 Toxaway Shrs 9, Lake Toxaway, NC 28747 is a single family home of 1,971 sqft. HomeUnion INVESTimateĀ® for 80 Toxaway Shrs 9 includes a Price Estimate of $644,231 and a Rent Estimate of $1,735. This single family home has 3 bedrooms,2 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 3.23% and Total Return of 3.05%. The estimated 1 year forecast in home value for 80 Toxaway Shrs 9 is -0.99%.
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