109 Cedar Way, Yalaha Fl
Lake County Real Estate - Yalaha
Yalaha is in East Central Florida. It's population as recorded in the 2010 Census was 1,364. Yalaha is approximately 18 miles from The Villages (population 51,442) and around 18 miles from Apopka (population 41,542).
The median age for residents of Yalaha is 52.9. Around 19.4% of Yalaha households include school aged children and 45.4% of households include individuals aged 65 years or over. Census records indicate 86.8% of the Yalaha population are White, 9.2% are Black or African American, .2% American Indian, 1% Asian and 1.5% are Two or more Races.
There are 703 housing units in Yalaha. 111 (15.7%) of these were reported as vacant in the 2010 Census. Yalaha is a tourist destination, 36.9% (41) of it's vacant housing units were classed as seasonal, recreational or for occasional use. There are 82 residential rental units in Yalaha. 72 of them were occupied in 2010 providing a residential rental vacancy rate of 12.2%.
Yalaha links:
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Lake County
Lake County is located in the east central Florida region, along with Brevard, Orange, Volusia, Sumter, Seminole, and Osceola counties. Cities of Lake County include Astatula, Clermont, Eustis, Fruitland Park, Groveland, Lady Lake, Leesburg, Mascotte, Minneola, Montverde, Mount Dora, Tavares, and Umatilla. Lake County has approximately 1,400 named lakes. It is home to around 300,000 people. About one in four residents are over the age of 65.
Top industries in Lake County are retail, healthcare, construction, and food services. Major private sector employers for Lake County are Leesburg Regional Medical Center, Wal-Mart, Villages of Lake Sumter Inc., Florida Hospital-Waterman, and Publix Supermarkets. Top public sector employers are Lake County Public Schools, Lake County Government, and Lake County Sheriff's Department.
The county seat is Tavares, a city with a population over 12,000. A third of the people who live in Tavares are over age 65. The city?s economic strength lies in services, especially healthcare and retail.
Leesburg is a city of over 20,000. Nestled among the Harris Chain of Lakes, maritime recreational opportunities abound, including boating and fishing.The area hosts many full-service retirement communities. The Leesburg Regional Airport features two runways for general aviaion craft.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 108 Cedar Way | Single Family | 1,973 | B |
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| 110 Waterwood Dr | Undefined - Reserved for Use by Department of Revenue | 0 | L | |
| 101 Peppertree Ct | Single Family | 2,316 | B |
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| 107 Cedar Way | Single Family | 1,751 | B |
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| 112 Waterwood Dr | Single Family | 1,537 | B |
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| 111 Waterwood Dr | Single Family | 1,591 | B |
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| 110 Waterwood Dr | Single Family | 1,742 | B |
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| 101 Cedar Way | Single Family | 1,640 | B |
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| 102 Peppertree Ct | Single Family | 1,537 | B |
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| 109 Waterwood Dr | Single Family | 1,562 | B |
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| 102 Cedar Way | Single Family | 1,695 | B |
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| 101 Clusterwood Dr | Single Family | 1,414 | B |
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| 106 Cedar Way | Single Family | 2,029 | B |
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| 108 Waterwood Dr | Single Family | 1,472 | B |
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| 316 Waterwood Dr | Single Family | 1,712 | B |
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| 102 Clusterwood Dr | Single Family | 1,872 | B |
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| 105 Cedar Way | Single Family | 1,516 | B |
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| 103 Cedar Way | Single Family | 1,802 | B |
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| 103 Clusterwood Dr | Single Family | 1,928 | B |
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| 107 Waterwood Dr | Single Family | 1,524 | B |
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| 103 Peppertree Ct | Single Family | 2,515 | B |
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| 315 Waterwood Dr | Single Family | 1,658 | B |
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| 104 Clusterwood Dr | Single Family | 1,277 | B |
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| 104 Cedar Way | Single Family | 1,658 | B |
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| 107 Timber Ln | Single Family | 1,946 | B |
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| 106 Waterwood Dr | Single Family | 1,562 | B |
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| 106 Timber Ln | Single Family | 2,175 | B |
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| 201 Clusterwood Dr | Single Family | 1,414 | B |
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| 104 Peppertree Ct | Single Family | 2,131 | B |
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| 301 Clusterwood Dr | Single Family | 1,414 | B |
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| 202 Clusterwood Dr | Single Family | 1,872 | B |
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| 314 Waterwood Dr | Single Family | 1,682 | B |
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| 203 Clusterwood Dr | Single Family | 1,872 | B |
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| 105 Waterwood Dr | Single Family | 1,535 | B |
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| Spring Ct | Vacant Residential | 0 | L | |
| 302 Clusterwood Dr | Single Family | 1,872 | B |
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| 204 Clusterwood Dr | Single Family | 1,414 | B |
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| 5 Pine Ct | Single Family | 1,742 | B |
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| 105 Timber Ln | Single Family | 1,685 | B |
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| 201 Waterwood Dr | Single Family | 1,721 | B |
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| 303 Clusterwood Dr | Single Family | 1,872 | B |
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| 401 Clusterwood Dr | Single Family | 1,277 | B |
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| 9 Pine Ct | Single Family | 1,727 | B |
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| 313 Waterwood Dr | Single Family | 1,612 | B |
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| 104 Waterwood Dr | Single Family | 1,538 | B |
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| 402 Clusterwood Dr | Single Family | 1,928 | B |
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| 304 Clusterwood Dr | Single Family | 1,414 | B |
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| 3 Pine Ct | Single Family | 1,181 | B |
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Local Household Income
The median household income in this part of Florida is $59,480. The bottom 10% of the population earn less than $23,412 per year. The top 10% earn more than $133,921 per year. The top 1% earn more than $386,477 per year. Most renters earn between $26,916 (20th percentile) and $46,824 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $118,960 and $148,700.
The tax assessed value of this property places it in percentile 84 of all properties in this area. This suggests it would appeal to someone earning around $112,888 per year who should qualify for a mortgage between $225,776 and $282,220.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,014. Most renters earn between $2,243 and $3,902 per month. They typically spend 37% of their monthly income on rent. Most rents fall in the $752 (20th percentile) to $1,392 (80th percentile) range. The residential vacancy rate is 12%.
This property falls in percentile 84 of all properties in this area. This corresponds to a rent of $1,518 per month and a monthly household income of $4,263 ($51,156 per year)