INVESTimate
$156,711
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OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
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
Financial Details
See Financial Details
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Mandolin Estates
Neighborhood : Mandolin Estates
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
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).
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
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.
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
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