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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

11315 Minaret Dr Tampa, FL 33626

4 Beds 3 Baths 3,075 sqft Built 2001
Last updated:  Apr 30, 2018

INVESTimate

$547,967

$466K - $630K

Price Est.

$3,309

$3.1K - $3.5K

Rent Est.

$599,531  ( +9.41%)   1 YR EST. FORECAST
  
  
  

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11315 Minaret Dr PROPERTY INFO

FACTS
  • Built In 2001
  • Price/Sqft : $178.20
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,075 sqft
  • Baths : 2 Full 1 Half

11315 Minaret Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DEER PARK ELEMENTARY SCHOOL Primary Regular 990 67 10
FARNELL MIDDLE SCHOOL Middle Regular 1,259 68 9
ALONSO HIGH SCHOOL High Regular 2,377 131 6

DEER PARK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 990
  • # of teachers: 67
10
GreatSchools Rating

FARNELL MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,259
  • # of teachers: 68
9
GreatSchools Rating

ALONSO HIGH SCHOOL

  • Education Level: High
  • # of students: 2,377
  • # of teachers: 131
6
GreatSchools Rating
 

Financial Details

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Neighborhood

Mandolin Estates

  • 292

    POPULATION
  • 80

    HOUSEHOLDS
  • 85.2%

    WHITE COLLAR

Neighborhood : Mandolin Estates

HOUSEHOLDS
80
POPULATION

292

50.7%Renters
49.3%Home Owners
LABOR FORCE

 

85.2%White Collar
14.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,309 per month.

MY RENT : $3,309 MEDIAN RENT : $3,179

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.4%
>=$1,500 96.6%
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 $3,309 would therefore be considered affordable for annual household incomes greater than $132,360 (12 months x 3.333 x $3,309).

Rent % Affordability
Above $500 95.1%
Above $700 89.9%
Above $1,100 84.2%
Above $1,500 74.1%
Above $1,900 65.8%
HOUSEHOLD INCOME RANGE

Approximately 17 of households in this neighborhood have a total annual income of $132,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,309 per month.

MINIMUM INCOME RANGE : $132,360

Income % Distribution
<$20K 4.9%
$20K-$35K 8.6%
$35K-$60K 12.3%
$60K-$100K 28.4%
>=$100K 45.7%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 6.0%
10-14 mins 4.3%
15-19 mins 12.0%
20-29 mins 16.2%
30-44 mins 32.5%
45-59 mins 14.5%
>60 mins 10.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,309 per month.

MY RENT : $3,309 MEDIAN RENT : $3,179

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.4%
>=$1,500 96.6%
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 $3,309 would therefore be considered affordable for annual household incomes greater than $132,360 (12 months x 3.333 x $3,309).

Rent % Affordability
Above $500 95.1%
Above $700 89.9%
Above $1,100 84.2%
Above $1,500 74.1%
Above $1,900 65.8%
HOUSEHOLD INCOME RANGE

Approximately 17 of households in this neighborhood have a total annual income of $132,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,309 per month.

MINIMUM INCOME RANGE : $132,360

Income % Distribution
<$20K 4.9%
$20K-$35K 8.6%
$35K-$60K 12.3%
$60K-$100K 28.4%
>=$100K 45.7%
COMMUTE TIME DISTRIBUTION

61% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 6.0%
10-14 mins 4.3%
15-19 mins 12.0%
20-29 mins 16.2%
30-44 mins 32.5%
45-59 mins 14.5%
>60 mins 10.3%

Mandolin Estates Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.1%
Financial Industries 10.3%
Health Care & Social Assistance 14.7%
Manufacturing 5.8%
Professional & Scientific Tech Services 15.4%
Retail & Wholesale Trader 19.9%
Other 26.9%
AGE DISTRIBUTION

59% of the population is between the ages of 25 and 64, 36% is 24 or younger and 5% is 65 or older.

Age % Distribution
<15 27.4%
15-19 2.7%
20-24 6.2%
25-44 35.6%
45-65 22.9%
66+ 5.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 17.7%
Healthcare 7.1%
Management, Business, & Financial 30.1%
Natural Resources Maintenance 4.4%
PCare 4.4%
Sales & Office 25.7%
Other 10.6%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.6%
High School 9.4%
Masters Degree 21.8%
Professional 2.4%
Some College 18.8%
Other 40.0%

11315 Minaret Dr Comps

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11315 Minaret Dr, Tampa, FL 33626 is a single family home of 3,075 sqft. HomeUnion INVESTimate® for 11315 Minaret Dr includes a Price Estimate of $547,967 and a Rent Estimate of $3,309. This single family home has 4 bedrooms,3 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 7.25% and Total Return of 24.57%. The estimated 1 year forecast in home value for 11315 Minaret Dr is 9.41%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL, HILLSBOROUGH County, or the 33626 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2