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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

12504 Loquat Way Tampa, FL 33626

4 Beds 2 Baths 1,794 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$403,793

$389K - $419K

Price Est.

$2,291

$2.2K - $2.4K

Rent Est.

$420,389  ( +4.11%)   1 YR EST. FORECAST
  
  
  

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12504 Loquat Way PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $225.08
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,794 sqft
  • Baths : 2 Full

12504 Loquat Way SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BRYANT ELEMENTARY SCHOOL Primary Regular 1,010 71 10
FARNELL MIDDLE SCHOOL Middle Regular 1,259 68 9
SICKLES HIGH SCHOOL High Regular 1,974 102 7

BRYANT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 1,010
  • # of teachers: 71
10
GreatSchools Rating

FARNELL MIDDLE SCHOOL

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

SICKLES HIGH SCHOOL

  • Education Level: High
  • # of students: 1,974
  • # of teachers: 102
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Westwood Lakes

  • 1,457

    POPULATION
  • 491

    HOUSEHOLDS
  • 87.9%

    WHITE COLLAR

Neighborhood : Westwood Lakes

HOUSEHOLDS
491
POPULATION

1,457

9.0%Renters
91.0%Home Owners
LABOR FORCE

 

87.9%White Collar
12.1%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 $2,291 per month.

MY RENT : $2,291 MEDIAN RENT : $2,393

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.1%
>=$1,500 96.9%
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 $2,291 would therefore be considered affordable for annual household incomes greater than $91,640 (12 months x 3.333 x $2,291).

Rent % Affordability
Above $500 98.2%
Above $700 96.5%
Above $1,100 91.8%
Above $1,500 83.1%
Above $1,900 69.8%
HOUSEHOLD INCOME RANGE

Approximately 313 of households in this neighborhood have a total annual income of $91,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,291 per month.

MINIMUM INCOME RANGE : $91,640

Income % Distribution
<$20K 1.8%
$20K-$35K 4.9%
$35K-$60K 10.2%
$60K-$100K 21.3%
>=$100K 61.8%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 13% 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 0.0%
5-9 mins 5.0%
10-14 mins 8.2%
15-19 mins 6.2%
20-29 mins 15.7%
30-44 mins 40.0%
45-59 mins 13.2%
>60 mins 11.7%
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 $2,291 per month.

MY RENT : $2,291 MEDIAN RENT : $2,393

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.1%
>=$1,500 96.9%
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 $2,291 would therefore be considered affordable for annual household incomes greater than $91,640 (12 months x 3.333 x $2,291).

Rent % Affordability
Above $500 98.2%
Above $700 96.5%
Above $1,100 91.8%
Above $1,500 83.1%
Above $1,900 69.8%
HOUSEHOLD INCOME RANGE

Approximately 313 of households in this neighborhood have a total annual income of $91,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,291 per month.

MINIMUM INCOME RANGE : $91,640

Income % Distribution
<$20K 1.8%
$20K-$35K 4.9%
$35K-$60K 10.2%
$60K-$100K 21.3%
>=$100K 61.8%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 13% 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 0.0%
5-9 mins 5.0%
10-14 mins 8.2%
15-19 mins 6.2%
20-29 mins 15.7%
30-44 mins 40.0%
45-59 mins 13.2%
>60 mins 11.7%

Westwood Lakes Demographics

INDUSTRY

Industry % Distribution
Educational Services 10.2%
Financial Industries 11.8%
Health Care & Social Assistance 10.7%
Manufacturing 8.9%
Professional & Scientific Tech Services 20.3%
Retail & Wholesale Trader 10.4%
Other 27.7%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 35% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 26.4%
15-19 5.1%
20-24 3.7%
25-44 28.3%
45-65 28.1%
66+ 8.5%
OCCUPATION

Occupation % Distribution
Clean 3.6%
Computer Engineering 22.0%
Construction 4.3%
Management, Business, & Financial 33.2%
Production & Transportation 5.1%
Sales & Office 19.4%
Other 12.5%
HIGHEST EDUCATION LEVEL

27% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.8%
High School 11.3%
Masters Degree 10.4%
Some College 22.1%
Some High School 3.5%
Other 40.9%

12504 Loquat Way Comps

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12504 Loquat Way, Tampa, FL 33626 is a single family home of 1,794 sqft. HomeUnion INVESTimateĀ® for 12504 Loquat Way includes a Price Estimate of $403,793 and a Rent Estimate of $2,291. This single family home has 4 bedrooms,2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 6.81% and Total Return of 19.85%. The estimated 1 year forecast in home value for 12504 Loquat Way is 4.11%.

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

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