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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

2003 Kay St Lake Alfred, FL 33850

0 Beds 0 Baths 840 sqft Built 1983
Last updated:  Jan 23, 2020

INVESTimate

$147,196

$128K - $166K

Price Est.

$712

649 - 775

Rent Est.

$159,399  ( +8.29%)   1 YR EST. FORECAST
  
  
  

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2003 Kay St PROPERTY INFO

FACTS
  • Built In 1983
  • Price/Sqft : $175.23
CONSTRUCTION
  • Beds : 0
  • Floor Size : 840 sqft
  • Baths : 0 Full

2003 Kay St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALTER CALDWELL ELEMENTARY SCHOOL Primary Regular 621 41 3
JERE L. STAMBAUGH MIDDLE SCHOOL Middle Regular 879 54 3
AUBURNDALE SENIOR HIGH SCHOOL High Regular 1,475 91 4

WALTER CALDWELL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 41
3
GreatSchools Rating

JERE L. STAMBAUGH MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 879
  • # of teachers: 54
3
GreatSchools Rating

AUBURNDALE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,475
  • # of teachers: 91
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Lake Mariana Acres

  • 303

    POPULATION
  • 160

    HOUSEHOLDS
  • 37.7%

    WHITE COLLAR

Neighborhood : Lake Mariana Acres

HOUSEHOLDS
160
POPULATION

303

17.3%Renters
82.7%Home Owners
LABOR FORCE

 

37.7%White Collar
62.3%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 $712 per month.

MY RENT : $712 MEDIAN RENT : $1,282

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 100.0%
>=$1,500 0.0%
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 $712 would therefore be considered affordable for annual household incomes greater than $28,480 (12 months x 3.333 x $712).

Rent % Affordability
Above $500 68.9%
Above $700 49.1%
Above $1,100 26.7%
Above $1,500 14.3%
Above $1,900 11.4%
HOUSEHOLD INCOME RANGE

Approximately 602 of households in this neighborhood have a total annual income of $28,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $712 per month.

MINIMUM INCOME RANGE : $28,480

Income % Distribution
<$20K 31.1%
$20K-$35K 37.3%
$35K-$60K 17.4%
$60K-$100K 12.4%
>=$100K 1.9%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 10% 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 3.0%
5-9 mins 0.0%
10-14 mins 7.0%
15-19 mins 3.0%
20-29 mins 40.0%
30-44 mins 25.0%
45-59 mins 19.0%
>60 mins 3.0%
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 $712 per month.

MY RENT : $712 MEDIAN RENT : $1,282

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 100.0%
>=$1,500 0.0%
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 $712 would therefore be considered affordable for annual household incomes greater than $28,480 (12 months x 3.333 x $712).

Rent % Affordability
Above $500 68.9%
Above $700 49.1%
Above $1,100 26.7%
Above $1,500 14.3%
Above $1,900 11.4%
HOUSEHOLD INCOME RANGE

Approximately 602 of households in this neighborhood have a total annual income of $28,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $712 per month.

MINIMUM INCOME RANGE : $28,480

Income % Distribution
<$20K 31.1%
$20K-$35K 37.3%
$35K-$60K 17.4%
$60K-$100K 12.4%
>=$100K 1.9%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 10% 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 3.0%
5-9 mins 0.0%
10-14 mins 7.0%
15-19 mins 3.0%
20-29 mins 40.0%
30-44 mins 25.0%
45-59 mins 19.0%
>60 mins 3.0%

Lake Mariana Acres Demographics

INDUSTRY

Industry % Distribution
Administrative Support 34.0%
Arts & Entertainment 11.3%
Educational Services 6.2%
Manufacturing 14.4%
Public Administration 10.3%
Retail & Wholesale Trader 3.1%
Other 20.6%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 19% is 24 or younger and 35% is 65 or older.

Age % Distribution
<15 0.7%
15-19 3.3%
20-24 14.9%
25-44 15.5%
45-65 31.0%
66+ 34.7%
OCCUPATION

Occupation % Distribution
Clean 4.5%
Construction 6.1%
Natural Resources Maintenance 13.6%
Production & Transportation 27.3%
Sales & Office 34.8%
Social 10.6%
Other 3.0%
HIGHEST EDUCATION LEVEL

5% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.7%
Doctorate 1.1%
High School 48.0%
Some College 14.0%
Some High School 23.2%
Other 10.0%

2003 Kay St Comps

Sorry, we do not have sufficient data available.

2003 Kay St, Lake Alfred, FL 33850 is a single family home of 840 sqft. HomeUnion INVESTimateĀ® for 2003 Kay St includes a Price Estimate of $147,196 and a Rent Estimate of $712. This single family home has 0 bedrooms,0 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 5.80% and Total Return of 13.15%. The estimated 1 year forecast in home value for 2003 Kay St is 8.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , POLK County , or the 33850 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 33881
  2. 33880
  3. 33823
  4. 33844