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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

2310 Ridge Ave Orlando, FL 32803

3 Beds 2 Baths 2,738 sqft Built 1956
Last updated:  Nov 28, 2019

INVESTimate

$468,142

$418K - $518K

Price Est.

$2,471

$2.3K - $2.6K

Rent Est.

$506,951  ( +8.29%)   1 YR EST. FORECAST
  
  
  

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2310 Ridge Ave PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $170.98
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,738 sqft
  • Baths : 2 Full

2310 Ridge Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
AUDUBON PARK SCHOOL Primary Unknown NA
AUDUBON PARK SCHOOL Middle Unknown NA
WINTER PARK HIGH SCHOOL High Magnet 3,387 177 8

AUDUBON PARK SCHOOL

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

AUDUBON PARK SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

WINTER PARK HIGH SCHOOL

  • Education Level: High
  • # of students: 3,387
  • # of teachers: 177
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Beeman Park

  • 180

    POPULATION
  • 72

    HOUSEHOLDS
  • 80.6%

    WHITE COLLAR

Neighborhood : Beeman Park

HOUSEHOLDS
72
POPULATION

180

25.0%Renters
75.0%Home Owners
LABOR FORCE

 

80.6%White Collar
19.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,471 per month.

MY RENT : $2,471 MEDIAN RENT : $2,166

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 9.5%
>=$1,500 90.5%
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 $2,471 would therefore be considered affordable for annual household incomes greater than $98,840 (12 months x 3.333 x $2,471).

Rent % Affordability
Above $500 90.0%
Above $700 76.9%
Above $1,100 68.6%
Above $1,500 64.3%
Above $1,900 59.2%
HOUSEHOLD INCOME RANGE

Approximately 28 of households in this neighborhood have a total annual income of $98,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,471 per month.

MINIMUM INCOME RANGE : $98,840

Income % Distribution
<$20K 10.0%
$20K-$35K 17.1%
$35K-$60K 8.6%
$60K-$100K 24.3%
>=$100K 40.0%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 2.4%
10-14 mins 26.2%
15-19 mins 29.8%
20-29 mins 22.6%
30-44 mins 17.9%
45-59 mins 1.2%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 91% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,471 per month.

MY RENT : $2,471 MEDIAN RENT : $2,166

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 9.5%
>=$1,500 90.5%
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 $2,471 would therefore be considered affordable for annual household incomes greater than $98,840 (12 months x 3.333 x $2,471).

Rent % Affordability
Above $500 90.0%
Above $700 76.9%
Above $1,100 68.6%
Above $1,500 64.3%
Above $1,900 59.2%
HOUSEHOLD INCOME RANGE

Approximately 28 of households in this neighborhood have a total annual income of $98,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,471 per month.

MINIMUM INCOME RANGE : $98,840

Income % Distribution
<$20K 10.0%
$20K-$35K 17.1%
$35K-$60K 8.6%
$60K-$100K 24.3%
>=$100K 40.0%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 2.4%
10-14 mins 26.2%
15-19 mins 29.8%
20-29 mins 22.6%
30-44 mins 17.9%
45-59 mins 1.2%
>60 mins 0.0%

Beeman Park Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 16.5%
Educational Services 12.1%
Information 7.7%
Professional & Scientific Tech Services 15.4%
Real Estate 7.7%
Retail & Wholesale Trader 11.0%
Other 29.7%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 33% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 25.6%
15-19 6.7%
20-24 1.1%
25-44 23.3%
45-65 29.4%
66+ 13.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.3%
Management, Business, & Financial 26.7%
Natural Resources Maintenance 6.7%
PCare 8.0%
Production & Transportation 8.0%
Sales & Office 17.3%
Other 24.0%
HIGHEST EDUCATION LEVEL

30% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.8%
High School 15.7%
Masters Degree 7.0%
Professional 8.7%
Some College 9.6%
Other 44.3%

2310 Ridge Ave Comps

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2310 Ridge Ave, Orlando, FL 32803 is a single family home of 2,738 sqft. HomeUnion INVESTimateĀ® for 2310 Ridge Ave includes a Price Estimate of $468,142 and a Rent Estimate of $2,471. This single family home has 3 bedrooms,2 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 6.33% and Total Return of 22.20%. The estimated 1 year forecast in home value for 2310 Ridge Ave is 8.29%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , ORANGE County , or the 32803 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 32789
  2. 32814
  3. 32804
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  5. 32801