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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

2416 S Goldenrod Rd Orlando, FL 32822

2 Beds 1 Baths 1,364 sqft Built 1969
Last updated:  Nov 28, 2019

INVESTimate

$277,292

$268K - $287K

Price Est.

$1,147

$1.1K - $1.2K

Rent Est.

$305,909  ( +10.32%)   1 YR EST. FORECAST
  
  
  

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2416 S Goldenrod Rd PROPERTY INFO

FACTS
  • Built In 1969
  • Price/Sqft : $203.29
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,364 sqft
  • Baths : 1 Full

2416 S Goldenrod Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PINAR ELEMENTARY SCHOOL Primary Regular 498 32 5
LIBERTY MIDDLE SCHOOL Middle Regular 1,108 67 4
COLONIAL HIGH SCHOOL High Magnet 3,282 151 4

PINAR ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 498
  • # of teachers: 32
5
GreatSchools Rating

LIBERTY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,108
  • # of teachers: 67
4
GreatSchools Rating

COLONIAL HIGH SCHOOL

  • Education Level: High
  • # of students: 3,282
  • # of teachers: 151
4
GreatSchools Rating
 

Financial Details

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Neighborhood

ORLANDO

  • 61,019

    POPULATION
  • 22,720

    HOUSEHOLDS
  • 52.2%

    WHITE COLLAR

Neighborhood : ORLANDO

HOUSEHOLDS
22,720
POPULATION

61,019

57.6%Renters
42.4%Home Owners
LABOR FORCE

 

52.2%White Collar
47.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,147 per month.

MY RENT : $1,147 MEDIAN RENT : $1,269

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 8.5%
$900-999 5.7%
$1,000-1,499 69.3%
>=$1,500 16.4%
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 $1,147 would therefore be considered affordable for annual household incomes greater than $45,880 (12 months x 3.333 x $1,147).

Rent % Affordability
Above $500 77.6%
Above $700 65.0%
Above $1,100 42.9%
Above $1,500 27.1%
Above $1,900 17.6%
HOUSEHOLD INCOME RANGE

Approximately 7,634 of households in this neighborhood have a total annual income of $45,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,147 per month.

MINIMUM INCOME RANGE : $45,880

Income % Distribution
<$20K 22.4%
$20K-$35K 23.0%
$35K-$60K 27.4%
$60K-$100K 18.0%
>=$100K 9.2%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 3.1%
10-14 mins 9.0%
15-19 mins 14.4%
20-29 mins 28.7%
30-44 mins 29.4%
45-59 mins 8.2%
>60 mins 5.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 65% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,147 per month.

MY RENT : $1,147 MEDIAN RENT : $1,269

Rent % Distribution
$500-699 0.0%
$700-899 8.5%
$900-999 5.7%
$1,000-1,499 69.3%
>=$1,500 16.4%
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 $1,147 would therefore be considered affordable for annual household incomes greater than $45,880 (12 months x 3.333 x $1,147).

Rent % Affordability
Above $500 77.6%
Above $700 65.0%
Above $1,100 42.9%
Above $1,500 27.1%
Above $1,900 17.6%
HOUSEHOLD INCOME RANGE

Approximately 7,634 of households in this neighborhood have a total annual income of $45,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,147 per month.

MINIMUM INCOME RANGE : $45,880

Income % Distribution
<$20K 22.4%
$20K-$35K 23.0%
$35K-$60K 27.4%
$60K-$100K 18.0%
>=$100K 9.2%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.5%
5-9 mins 3.1%
10-14 mins 9.0%
15-19 mins 14.4%
20-29 mins 28.7%
30-44 mins 29.4%
45-59 mins 8.2%
>60 mins 5.7%

ORLANDO Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.6%
Arts & Entertainment 16.7%
Construction 6.3%
Health Care & Social Assistance 11.0%
Retail & Wholesale Trader 17.6%
Transportation 9.2%
Other 30.5%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 33% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 19.4%
15-19 5.7%
20-24 7.7%
25-44 32.7%
45-65 23.0%
66+ 11.6%
OCCUPATION

Occupation % Distribution
Education 6.5%
Healthcare 7.7%
Management, Business, & Financial 10.0%
Natural Resources Maintenance 10.3%
Production & Transportation 13.9%
Sales & Office 28.6%
Other 22.9%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 12.2%
High School 30.6%
Masters Degree 4.1%
Some College 20.0%
Some High School 15.6%
Other 17.6%

2416 S Goldenrod Rd Comps

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2416 S Goldenrod Rd, Orlando, FL 32822 is a single family home of 1,364 sqft. HomeUnion INVESTimateĀ® for 2416 S Goldenrod Rd includes a Price Estimate of $277,292 and a Rent Estimate of $1,147. This single family home has 2 bedrooms,1 bathrooms, and was built in 1969. This property has an estimated 15 year annualized Yield of 4.96% and Total Return of 24.18%. The estimated 1 year forecast in home value for 2416 S Goldenrod Rd is 10.32%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , ORANGE County , or the 32822 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 32807
  2. 32829
  3. 32825
  4. 32812