Financial Details10961 Sw Cypress Bend Ave PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $153.87
CONSTRUCTION
- Beds : 3
- Floor Size : 2,627 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
10961 Sw Cypress Bend Ave, Arcadia, FL 34269 is a single family home of 2,627 sqft. HomeUnion estimate for 10961 Sw Cypress Bend Ave includes a Price Estimate of $404,217 and a Rent Estimate of $2,230. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 6.62% and Total Return of 19.50%. The estimated 1 year forecast in home value for 10961 Sw Cypress Bend Ave is 8.39%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
10961 Sw Cypress Bend Ave SCHOOLS
Financial Details
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ARCADIA
Neighborhood : ARCADIA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,230 per month.
MY RENT : $2,230 MEDIAN RENT : $1,536
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 $2,230 would therefore be considered affordable for annual household incomes greater than $89,200 (12 months x 3.333 x $2,230).
HOUSEHOLD INCOME RANGE
Approximately 303 of households in this neighborhood have a total annual income of $89,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,230 per month.
MINIMUM INCOME RANGE : $89,200
COMMUTE TIME DISTRIBUTION
64% of the working population has a commute time of 15 to 44 minutes, 22% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
ARCADIA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.7% |
| Construction | 8.5% |
| Educational Services | 8.0% |
| Health Care & Social Assistance | 7.6% |
| Retail & Wholesale Trader | 22.3% |
| Transportation | 8.0% |
| Other | 37.9% |
AGE DISTRIBUTION
38% of the population is between the ages of 25 and 64, 16% is 24 or younger and 46% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 9.8% |
| 15-19 | 2.7% |
| 20-24 | 3.3% |
| 25-44 | 13.7% |
| 45-65 | 24.4% |
| 66+ | 46.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 4.9% |
| Management, Business, & Financial | 7.6% |
| Natural Resources Maintenance | 17.4% |
| Production & Transportation | 11.8% |
| Protect | 8.3% |
| Sales & Office | 39.1% |
| Other | 10.9% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.2% |
| High School | 38.0% |
| Masters Degree | 5.8% |
| Some College | 21.1% |
| Some High School | 12.4% |
| Other | 17.5% |
10961 Sw Cypress Bend Ave Comps
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