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

19492 38th Ct Golden Beach, FL 33160

5 Beds 4 Baths 4,168 sqft Built 1996
Last updated:  Oct 23, 2019

INVESTimate

$2,766,551

$2.65M - $2.88M

Price Est.

$13,218

$11.5K - $15.0K

Rent Est.

$2,867,530  ( +3.65%)   1 YR EST. FORECAST
  
  
  

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

  • 1927 MACONDRAY DRIVE Humble, TX
    • 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units 3 beds 2 baths ∙ 1,791 Sqft ∙ Built 2009 ∙ 1units
    AVAILABLE
    • 19.65% GROSS YIELD
    • $7,394 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $95,900
    • $31,164
    • $1,570
  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 4338 KENMORE ROAD Indianapolis, IN
    • 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units 4 beds 2 baths ∙ 1,300 Sqft ∙ Built 1959 ∙ 1units
    AVAILABLE
    • 14.13% GROSS YIELD
    • $6,112 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $79,000
    • $26,685
    • $930
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450

19492 38th Ct PROPERTY INFO

FACTS
  • Built In 1996
  • Price/Sqft : $663.76
CONSTRUCTION
  • Beds : 5
  • Floor Size : 4,168 sqft
  • Baths : 4 Full

19492 38th Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HIGHLAND OAKS MIDDLE SCHOOL Middle Regular 1,238 57 7
ALONZO AND TRACY MOURNING SENIOR HIGH SCHOOL High Unknown NA

HIGHLAND OAKS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,238
  • # of teachers: 57
7
GreatSchools Rating

ALONZO AND TRACY MOURNING SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 0
  • # of teachers: 0
-1
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

Golden Gate Estates and Marina

  • 289

    POPULATION
  • 85

    HOUSEHOLDS
  • 92.8%

    WHITE COLLAR

Neighborhood : Golden Gate Estates and Marina

HOUSEHOLDS
85
POPULATION

289

8.3%Renters
91.7%Home Owners
LABOR FORCE

 

92.8%White Collar
7.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $13,218 per month.

MY RENT : $13,218 MEDIAN RENT : $10,119

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $13,218 would therefore be considered affordable for annual household incomes greater than $528,720 (12 months x 3.333 x $13,218).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 100.0%
Above $1,500 95.2%
Above $1,900 83.1%
HOUSEHOLD INCOME RANGE

Approximately -46 of households in this neighborhood have a total annual income of $528,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $13,218 per month.

MINIMUM INCOME RANGE : $528,720

Income % Distribution
<$20K 0.0%
$20K-$35K 0.0%
$35K-$60K 4.8%
$60K-$100K 46.4%
>=$100K 48.8%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 14.6%
15-19 mins 6.7%
20-29 mins 29.2%
30-44 mins 27.0%
45-59 mins 22.5%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $13,218 per month.

MY RENT : $13,218 MEDIAN RENT : $10,119

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $13,218 would therefore be considered affordable for annual household incomes greater than $528,720 (12 months x 3.333 x $13,218).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 100.0%
Above $1,500 95.2%
Above $1,900 83.1%
HOUSEHOLD INCOME RANGE

Approximately -46 of households in this neighborhood have a total annual income of $528,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $13,218 per month.

MINIMUM INCOME RANGE : $528,720

Income % Distribution
<$20K 0.0%
$20K-$35K 0.0%
$35K-$60K 4.8%
$60K-$100K 46.4%
>=$100K 48.8%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 0.0%
10-14 mins 14.6%
15-19 mins 6.7%
20-29 mins 29.2%
30-44 mins 27.0%
45-59 mins 22.5%
>60 mins 0.0%

Golden Gate Estates and Marina Demographics

INDUSTRY

Industry % Distribution
Financial Industries 17.9%
Information 6.0%
Manufacturing 5.2%
Professional & Scientific Tech Services 13.4%
Real Estate 31.3%
Retail & Wholesale Trader 17.2%
Other 9.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 25% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 12.1%
15-19 12.8%
20-24 0.0%
25-44 13.8%
45-65 35.6%
66+ 25.6%
OCCUPATION

Occupation % Distribution
Adesm 6.7%
Clean 5.8%
Legal 5.8%
Management, Business, & Financial 14.4%
Sales & Office 67.3%
Social 0.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

46% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.1%
High School 10.4%
Masters Degree 23.9%
Professional 19.0%
Some College 5.5%
Other 38.0%

19492 38th Ct Comps

Sorry, we do not have sufficient data available.

19492 38th Ct, Golden Beach, FL 33160 is a single family home of 4,168 sqft. HomeUnion INVESTimateĀ® for 19492 38th Ct includes a Price Estimate of $2,766,551 and a Rent Estimate of $13,218. This single family home has 5 bedrooms,4 bathrooms, and was built in 1996. This property has an estimated 15 year annualized Yield of 5.73% and Total Return of 15.16%. The estimated 1 year forecast in home value for 19492 38th Ct is 3.65%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , MIAMI-DADE County , or the 33160 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. 33180
  2. 33149
  3. 33009
  4. 33316