Financials
INVESTimate
$213,764
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11740 Casa Lago Ln PROPERTY INFO
FACTS
- Built In 2006
- Price/Sqft : $135.31
CONSTRUCTION
- Beds : 0
- Floor Size : 5,641 sqft
- Baths : 0 Full
11740 Casa Lago Ln SCHOOLS
Financial Details
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Citrus Park Community
Neighborhood : Citrus Park Community
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $3,666 per month.
MY RENT : $3,666 MEDIAN RENT : $1,878
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 $3,666 would therefore be considered affordable for annual household incomes greater than $146,640 (12 months x 3.333 x $3,666).
HOUSEHOLD INCOME RANGE
Approximately 1,065 of households in this neighborhood have a total annual income of $146,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,666 per month.
MINIMUM INCOME RANGE : $146,640
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
Citrus Park Community Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 7.5% |
| Arts & Entertainment | 8.5% |
| Financial Industries | 10.2% |
| Health Care & Social Assistance | 15.0% |
| Professional & Scientific Tech Services | 11.4% |
| Retail & Wholesale Trader | 13.8% |
| Other | 33.6% |
AGE DISTRIBUTION
58% of the population is between the ages of 25 and 64, 32% is 24 or younger and 10% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.6% |
| 15-19 | 5.4% |
| 20-24 | 6.4% |
| 25-44 | 27.3% |
| 45-65 | 30.4% |
| 66+ | 10.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 7.8% |
| Construction | 4.9% |
| Healthcare | 12.9% |
| Management, Business, & Financial | 23.9% |
| Natural Resources Maintenance | 7.5% |
| Sales & Office | 24.9% |
| Other | 18.2% |
HIGHEST EDUCATION LEVEL
25% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 10.7% |
| High School | 23.0% |
| Masters Degree | 10.2% |
| Some College | 20.1% |
| Some High School | 6.8% |
| Other | 29.2% |
11740 Casa Lago Ln Comps
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11740 Casa Lago Ln, Tampa, FL 33626 is a single family home of 5,641 sqft. HomeUnion INVESTimate® for 11740 Casa Lago Ln includes a Price Estimate of $763,260 and a Rent Estimate of $3,666. This single family home has 0 bedrooms,0 bathrooms, and was built in 2006. This property has an estimated 15 year annualized Yield of 5.76% and Total Return of 21.55%. The estimated 1 year forecast in home value for 11740 Casa Lago Ln 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
