Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

12903 Framingham Ct Tampa, FL 33626

5 Beds 3 Baths 3,036 sqft Built 2002
Last updated:  Apr 30, 2018

INVESTimate

$524,676

$446K - $603K

Price Est.

$3,019

$2.8K - $3.2K

Rent Est.

$574,048  ( +9.41%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 11726 GREENSBROOK FOREST DRIVE Houston, TX
    • 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003 3 beds 2 baths ∙ 1,188 Sqft ∙ Built 2003
    AVAILABLE
    • 15.88% GROSS YIELD
    • $4,163 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $89,900
    • $29,574
    • $1,190
  • 4513 LILAC RD South Euclid, OH
    • 3 beds 2 baths ∙ 1,283 Sqft ∙ Built 1930 3 beds 2 baths ∙ 1,283 Sqft ∙ Built 1930
    AVAILABLE
    • 15.69% GROSS YIELD
    • $5,208 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $84,900
    • $28,248
    • $1,110
  • 447 EAST 275TH ST Euclid, OH
    • 3 beds 1 baths ∙ 1,282 Sqft ∙ Built 1952 3 beds 1 baths ∙ 1,282 Sqft ∙ Built 1952
    AVAILABLE
    • 15.52% GROSS YIELD
    • $5,120 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $75,000
    • $25,625
    • $970
  • 4880 EAST 85TH ST Garfield Heights, OH
    • 3 beds 2 baths ∙ 2,238 Sqft ∙ Built 1924 3 beds 2 baths ∙ 2,238 Sqft ∙ Built 1924
    AVAILABLE
    • 15.41% GROSS YIELD
    • $5,434 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $81,000
    • $27,215
    • $1,040

12903 Framingham Ct PROPERTY INFO

FACTS
  • Built In 2002
  • Price/Sqft : $172.82
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,036 sqft
  • Baths : 3 Full

12903 Framingham Ct 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

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Keystone

  • 19,439

    POPULATION
  • 6,535

    HOUSEHOLDS
  • 83.3%

    WHITE COLLAR

Neighborhood : Keystone

HOUSEHOLDS
6,535
POPULATION

19,439

9.2%Renters
90.8%Home Owners
LABOR FORCE

 

83.3%White Collar
16.7%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 $3,019 per month.

MY RENT : $3,019 MEDIAN RENT : $2,708

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.2%
>=$1,500 96.8%
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 $3,019 would therefore be considered affordable for annual household incomes greater than $120,760 (12 months x 3.333 x $3,019).

Rent % Affordability
Above $500 96.0%
Above $700 92.6%
Above $1,100 85.2%
Above $1,500 77.9%
Above $1,900 69.3%
HOUSEHOLD INCOME RANGE

Approximately 1,893 of households in this neighborhood have a total annual income of $120,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,019 per month.

MINIMUM INCOME RANGE : $120,760

Income % Distribution
<$20K 4.0%
$20K-$35K 6.8%
$35K-$60K 11.3%
$60K-$100K 21.8%
>=$100K 56.1%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 3.5%
10-14 mins 6.1%
15-19 mins 9.2%
20-29 mins 21.4%
30-44 mins 35.7%
45-59 mins 13.8%
>60 mins 9.6%
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 $3,019 per month.

MY RENT : $3,019 MEDIAN RENT : $2,708

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 3.2%
>=$1,500 96.8%
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 $3,019 would therefore be considered affordable for annual household incomes greater than $120,760 (12 months x 3.333 x $3,019).

Rent % Affordability
Above $500 96.0%
Above $700 92.6%
Above $1,100 85.2%
Above $1,500 77.9%
Above $1,900 69.3%
HOUSEHOLD INCOME RANGE

Approximately 1,893 of households in this neighborhood have a total annual income of $120,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,019 per month.

MINIMUM INCOME RANGE : $120,760

Income % Distribution
<$20K 4.0%
$20K-$35K 6.8%
$35K-$60K 11.3%
$60K-$100K 21.8%
>=$100K 56.1%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 10% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.6%
5-9 mins 3.5%
10-14 mins 6.1%
15-19 mins 9.2%
20-29 mins 21.4%
30-44 mins 35.7%
45-59 mins 13.8%
>60 mins 9.6%

Keystone Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.3%
Educational Services 7.8%
Financial Industries 9.3%
Health Care & Social Assistance 9.5%
Professional & Scientific Tech Services 16.2%
Retail & Wholesale Trader 15.2%
Other 34.7%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 32% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 22.7%
15-19 5.5%
20-24 4.2%
25-44 21.7%
45-65 33.8%
66+ 12.1%
OCCUPATION

Occupation % Distribution
Computer Engineering 13.3%
Construction 4.5%
Healthcare 7.0%
Management, Business, & Financial 32.8%
Natural Resources Maintenance 5.7%
Sales & Office 21.0%
Other 15.7%
HIGHEST EDUCATION LEVEL

28% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.3%
High School 19.1%
Masters Degree 10.7%
Some College 19.1%
Some High School 4.0%
Other 35.9%

12903 Framingham Ct Comps

Sorry, we do not have sufficient data available.

12903 Framingham Ct, Tampa, FL 33626 is a single family home of 3,036 sqft. HomeUnion INVESTimateĀ® for 12903 Framingham Ct includes a Price Estimate of $524,676 and a Rent Estimate of $3,019. This single family home has 5 bedrooms,3 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 6.90% and Total Return of 27.76%. The estimated 1 year forecast in home value for 12903 Framingham Ct 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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 33556
  2. 34677