INVESTimate
$93,989
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16 S Primrose Dr PROPERTY INFO
FACTS
- Built In 1945
- Price/Sqft : $427.58
CONSTRUCTION
- Beds : 4
- Floor Size : 728 sqft
- Baths : 2 Full
16 S Primrose Dr SCHOOLS
Financial Details
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East Central Park
Neighborhood : East Central Park
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,821 per month.
MY RENT : $1,821 MEDIAN RENT : $1,551
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 $1,821 would therefore be considered affordable for annual household incomes greater than $72,840 (12 months x 3.333 x $1,821).
HOUSEHOLD INCOME RANGE
Approximately 85 of households in this neighborhood have a total annual income of $72,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,821 per month.
MINIMUM INCOME RANGE : $72,840
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.
East Central Park Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 14.9% |
Construction | 4.5% |
Educational Services | 12.7% |
Health Care & Social Assistance | 19.3% |
Professional & Scientific Tech Services | 14.0% |
Retail & Wholesale Trader | 7.2% |
Other | 27.5% |
AGE DISTRIBUTION
81% of the population is between the ages of 25 and 64, 17% is 24 or younger and 2% is 65 or older.
Age | % Distribution |
---|---|
<15 | 3.0% |
15-19 | 1.8% |
20-24 | 11.7% |
25-44 | 63.4% |
45-65 | 18.0% |
66+ | 2.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Adesm | 10.3% |
Education | 9.9% |
Healthcare | 12.8% |
Legal | 5.4% |
Management, Business, & Financial | 15.0% |
Sales & Office | 20.6% |
Other | 26.0% |
HIGHEST EDUCATION LEVEL
37% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 21.5% |
High School | 15.3% |
Masters Degree | 10.1% |
Professional | 4.2% |
Some College | 11.1% |
Other | 37.7% |
16 S Primrose Dr Comps
16 S Primrose Dr, Orlando, FL 32803 is a single family home of 728 sqft. HomeUnion INVESTimateĀ® for 16 S Primrose Dr includes a Price Estimate of $311,278 and a Rent Estimate of $1,821. This single family home has 4 bedrooms,2 bathrooms, and was built in 1945. This property has an estimated 15 year annualized Yield of 7.02% and Total Return of 32.19%. The estimated 1 year forecast in home value for 16 S Primrose Dr is 12.1%.
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