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This page contains information about each property aggregated from public data sources, 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.

2491 Se Pointer Ave Arcadia, FL 34266

4 Beds 3 Baths 1,445 sqft Built 1983
Last updated:  Dec 26, 2019

INVESTimate

$88,317

$82.2K - $94.5K

Price Est.

$1,494

$1.2K - $1.7K

Rent Est.

$96,610  ( +9.39%)   1 YR EST. FORECAST

2491 Se Pointer Ave PROPERTY INFO

FACTS
  • Built In 1983
  • Price/Sqft : $61.12
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,445 sqft
  • Baths : 3 Full
PROPERTY DESCRIPTION
2491 Se Pointer Ave, Arcadia, FL 34266 is a single family home of 1,445 sqft. HomeUnion estimate for 2491 Se Pointer Ave includes a Price Estimate of $88,317 and a Rent Estimate of $1,494. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 20.30% and Total Return of 45.78%. The estimated 1 year forecast in home value for 2491 Se Pointer Ave is 9.39%.
  
  
  

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2491 Se Pointer Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MEMORIAL ELEMENTARY SCHOOL Primary Regular 890 58 NA
DESOTO MIDDLE SCHOOL Middle Regular 997 65 NA
DESOTO COUNTY HIGH SCHOOL High Regular 1,106 67 NA

MEMORIAL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 890
  • # of teachers: 58
-1
GreatSchools Rating

DESOTO MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 997
  • # of teachers: 65
-1
GreatSchools Rating

DESOTO COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,106
  • # of teachers: 67
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

ARCADIA

  • 30,715

    POPULATION
  • 9,285

    HOUSEHOLDS
  • 32.4%

    WHITE COLLAR

Neighborhood : ARCADIA

HOUSEHOLDS
9,285
POPULATION

30,715

35.5%Renters
64.5%Home Owners
LABOR FORCE

 

32.4%White Collar
67.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,494 per month.

MY RENT : $1,494 MEDIAN RENT : $1,308

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.5%
$1,000-1,499 68.4%
>=$1,500 30.1%
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 $1,494 would therefore be considered affordable for annual household incomes greater than $59,760 (12 months x 3.333 x $1,494).

Rent % Affordability
Above $500 73.2%
Above $700 58.7%
Above $1,100 38.1%
Above $1,500 21.7%
Above $1,900 13.6%
HOUSEHOLD INCOME RANGE

Approximately 2,027 of households in this neighborhood have a total annual income of $59,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,494 per month.

MINIMUM INCOME RANGE : $59,760

Income % Distribution
<$20K 26.8%
$20K-$35K 23.8%
$35K-$60K 27.7%
$60K-$100K 15.4%
>=$100K 6.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 9.6%
10-14 mins 18.9%
15-19 mins 16.4%
20-29 mins 14.8%
30-44 mins 19.2%
45-59 mins 5.8%
>60 mins 11.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,494 per month.

MY RENT : $1,494 MEDIAN RENT : $1,308

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.5%
$1,000-1,499 68.4%
>=$1,500 30.1%
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 $1,494 would therefore be considered affordable for annual household incomes greater than $59,760 (12 months x 3.333 x $1,494).

Rent % Affordability
Above $500 73.2%
Above $700 58.7%
Above $1,100 38.1%
Above $1,500 21.7%
Above $1,900 13.6%
HOUSEHOLD INCOME RANGE

Approximately 2,027 of households in this neighborhood have a total annual income of $59,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,494 per month.

MINIMUM INCOME RANGE : $59,760

Income % Distribution
<$20K 26.8%
$20K-$35K 23.8%
$35K-$60K 27.7%
$60K-$100K 15.4%
>=$100K 6.3%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 32% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.6%
5-9 mins 9.6%
10-14 mins 18.9%
15-19 mins 16.4%
20-29 mins 14.8%
30-44 mins 19.2%
45-59 mins 5.8%
>60 mins 11.8%

ARCADIA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 24.5%
Arts & Entertainment 7.2%
Construction 10.3%
Health Care & Social Assistance 7.4%
Public Administration 6.8%
Retail & Wholesale Trader 13.8%
Other 29.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 33% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 18.6%
15-19 7.0%
20-24 7.1%
25-44 27.4%
45-65 24.2%
66+ 15.7%
OCCUPATION

Occupation % Distribution
Clean 8.0%
Healthcare 5.7%
Management, Business, & Financial 6.2%
Natural Resources Maintenance 28.9%
Production & Transportation 14.1%
Sales & Office 17.5%
Other 19.5%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.2%
High School 40.5%
Masters Degree 2.1%
Some College 14.3%
Some High School 32.4%
Other 6.5%

2491 Se Pointer Ave Comps

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