Financials
2615 S Goldenrod Rd Orlando, FL 32822
INVESTimate
$83,613
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2615 S Goldenrod Rd PROPERTY INFO
FACTS
- Built In 1948
- Price/Sqft : $162.85
CONSTRUCTION
- Beds : 3
- Floor Size : 1,671 sqft
- Baths : 2 Full
2615 S Goldenrod Rd SCHOOLS
Financial Details
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ORLANDO
Neighborhood : ORLANDO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 16% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,505 per month.
MY RENT : $1,505 MEDIAN RENT : $1,267
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 $1,505 would therefore be considered affordable for annual household incomes greater than $60,200 (12 months x 3.333 x $1,505).
HOUSEHOLD INCOME RANGE
Approximately 3,713 of households in this neighborhood have a total annual income of $60,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,505 per month.
MINIMUM INCOME RANGE : $60,200
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.
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% |
2615 S Goldenrod Rd Comps
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2615 S Goldenrod Rd, Orlando, FL 32822 is a single family home of 1,671 sqft. HomeUnion INVESTimate® for 2615 S Goldenrod Rd includes a Price Estimate of $272,125 and a Rent Estimate of $1,505. This single family home has 3 bedrooms,2 bathrooms, and was built in 1948. This property has an estimated 15 year annualized Yield of 6.64% and Total Return of 19.83%. The estimated 1 year forecast in home value for 2615 S Goldenrod Rd is 9.19%.
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
