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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

2609 Marble Ave Orlando, FL 32803

4 Beds 2 Baths 1,600 sqft Built 1957
Last updated:  Nov 28, 2019

INVESTimate

$314,348

$293K - $335K

Price Est.

$2,147

$2.0K - $2.3K

Rent Est.

$342,325  ( +8.9%)   1 YR EST. FORECAST
  
  
  

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2609 Marble Ave PROPERTY INFO

FACTS
  • Built In 1957
  • Price/Sqft : $196.47
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,600 sqft
  • Baths : 2 Full

2609 Marble 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

Winter Park

  • 29,240

    POPULATION
  • 11,960

    HOUSEHOLDS
  • 81.9%

    WHITE COLLAR

Neighborhood : Winter Park

HOUSEHOLDS
11,960
POPULATION

29,240

35.6%Renters
64.4%Home Owners
LABOR FORCE

 

81.9%White Collar
18.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,147 per month.

MY RENT : $2,147 MEDIAN RENT : $2,049

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.9%
>=$1,500 83.1%
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 $2,147 would therefore be considered affordable for annual household incomes greater than $85,880 (12 months x 3.333 x $2,147).

Rent % Affordability
Above $500 83.9%
Above $700 75.6%
Above $1,100 62.5%
Above $1,500 50.0%
Above $1,900 41.9%
HOUSEHOLD INCOME RANGE

Approximately 4,371 of households in this neighborhood have a total annual income of $85,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,147 per month.

MINIMUM INCOME RANGE : $85,880

Income % Distribution
<$20K 16.1%
$20K-$35K 14.1%
$35K-$60K 19.8%
$60K-$100K 15.7%
>=$100K 34.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 9.7%
10-14 mins 15.5%
15-19 mins 18.6%
20-29 mins 23.2%
30-44 mins 21.6%
45-59 mins 5.1%
>60 mins 4.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,147 per month.

MY RENT : $2,147 MEDIAN RENT : $2,049

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 16.9%
>=$1,500 83.1%
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 $2,147 would therefore be considered affordable for annual household incomes greater than $85,880 (12 months x 3.333 x $2,147).

Rent % Affordability
Above $500 83.9%
Above $700 75.6%
Above $1,100 62.5%
Above $1,500 50.0%
Above $1,900 41.9%
HOUSEHOLD INCOME RANGE

Approximately 4,371 of households in this neighborhood have a total annual income of $85,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,147 per month.

MINIMUM INCOME RANGE : $85,880

Income % Distribution
<$20K 16.1%
$20K-$35K 14.1%
$35K-$60K 19.8%
$60K-$100K 15.7%
>=$100K 34.3%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.7%
5-9 mins 9.7%
10-14 mins 15.5%
15-19 mins 18.6%
20-29 mins 23.2%
30-44 mins 21.6%
45-59 mins 5.1%
>60 mins 4.6%

Winter Park Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.7%
Educational Services 11.5%
Financial Industries 7.3%
Health Care & Social Assistance 13.3%
Professional & Scientific Tech Services 13.7%
Retail & Wholesale Trader 10.9%
Other 30.7%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 31% is 24 or younger and 19% is 65 or older.

Age % Distribution
<15 16.3%
15-19 6.9%
20-24 7.7%
25-44 22.3%
45-65 28.3%
66+ 18.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.6%
Construction 6.7%
Healthcare 8.8%
Legal 6.8%
Management, Business, & Financial 28.5%
Sales & Office 22.4%
Other 21.1%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.4%
High School 15.2%
Masters Degree 15.5%
Professional 7.6%
Some College 16.2%
Other 38.1%

2609 Marble Ave Comps

Sorry, we do not have sufficient data available.

2609 Marble Ave, Orlando, FL 32803 is a single family home of 1,600 sqft. HomeUnion INVESTimateĀ® for 2609 Marble Ave includes a Price Estimate of $314,348 and a Rent Estimate of $2,147. This single family home has 4 bedrooms,2 bathrooms, and was built in 1957. This property has an estimated 15 year annualized Yield of 8.20% and Total Return of 29.29%. The estimated 1 year forecast in home value for 2609 Marble Ave is 8.9%.

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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