INVESTimate
$52,198
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28 Sunset Cir PROPERTY INFO
FACTS
- Built In 1974
- Price/Sqft : $110.33
CONSTRUCTION
- Beds : 0
- Floor Size : 1,392 sqft
- Baths : 0 Full
28 Sunset Cir SCHOOLS
Financial Details
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Lake Mariana Shores
Neighborhood : Lake Mariana Shores
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 70% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $789 per month.
MY RENT : $789 MEDIAN RENT : $820
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 $789 would therefore be considered affordable for annual household incomes greater than $31,560 (12 months x 3.333 x $789).
HOUSEHOLD INCOME RANGE
Approximately 131 of households in this neighborhood have a total annual income of $31,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $789 per month.
MINIMUM INCOME RANGE : $31,560
COMMUTE TIME DISTRIBUTION
65% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.
Lake Mariana Shores Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 32.1% |
Arts & Entertainment | 10.7% |
Educational Services | 7.1% |
Manufacturing | 14.3% |
Public Administration | 10.7% |
Retail & Wholesale Trader | 3.6% |
Other | 21.4% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 19% is 24 or younger and 35% is 65 or older.
Age | % Distribution |
---|---|
<15 | 0.0% |
15-19 | 3.8% |
20-24 | 15.4% |
25-44 | 15.4% |
45-65 | 30.8% |
66+ | 34.6% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.6% |
Natural Resources Maintenance | 11.1% |
Production & Transportation | 27.8% |
Protect | 5.6% |
Sales & Office | 33.3% |
Social | 11.1% |
Other | 5.6% |
HIGHEST EDUCATION LEVEL
5% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 3.4% |
Doctorate | 1.7% |
High School | 48.3% |
Some College | 13.8% |
Some High School | 22.4% |
Other | 10.3% |
28 Sunset Cir Comps
28 Sunset Cir, Lake Alfred, FL 33850 is a single family home of 1,392 sqft. HomeUnion INVESTimateĀ® for 28 Sunset Cir includes a Price Estimate of $153,579 and a Rent Estimate of $789. This single family home has 0 bedrooms,0 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 6.16% and Total Return of 14.82%. The estimated 1 year forecast in home value for 28 Sunset Cir is 8.29%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , POLK County , or the 33850 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2