INVESTimate
$74,747
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1053 Kit Ct PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $187.93
CONSTRUCTION
- Beds : 2
- Floor Size : 1,270 sqft
- Baths : 2 Full
1053 Kit Ct SCHOOLS
Financial Details
See Financial Details
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Foxwood
Neighborhood : Foxwood
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,462 per month.
MY RENT : $1,462 MEDIAN RENT : $1,372
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 $1,462 would therefore be considered affordable for annual household incomes greater than $58,480 (12 months x 3.333 x $1,462).
HOUSEHOLD INCOME RANGE
Approximately 36 of households in this neighborhood have a total annual income of $58,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,462 per month.
MINIMUM INCOME RANGE : $58,480
COMMUTE TIME DISTRIBUTION
71% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.
Foxwood Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.8% |
Educational Services | 8.8% |
Financial Industries | 8.8% |
Health Care & Social Assistance | 7.8% |
Professional & Scientific Tech Services | 9.8% |
Retail & Wholesale Trader | 16.7% |
Other | 38.2% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 20% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.4% |
15-19 | 3.2% |
20-24 | 3.2% |
25-44 | 25.0% |
45-65 | 34.3% |
66+ | 20.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Adesm | 13.8% |
Construction | 7.7% |
Management, Business, & Financial | 35.4% |
Production & Transportation | 4.6% |
Protect | 6.2% |
Sales & Office | 23.1% |
Other | 9.2% |
HIGHEST EDUCATION LEVEL
30% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.7% |
Doctorate | 1.2% |
High School | 12.3% |
Masters Degree | 16.0% |
Some College | 34.0% |
Other | 24.7% |
1053 Kit Ct Comps
1053 Kit Ct, Lutz, FL 33549 is a single family home of 1,270 sqft. HomeUnion INVESTimateĀ® for 1053 Kit Ct includes a Price Estimate of $238,667 and a Rent Estimate of $1,462. This single family home has 2 bedrooms,2 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 7.35% and Total Return of 24.36%. The estimated 1 year forecast in home value for 1053 Kit Ct is 6.93%.
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