INVESTimate
$36,990
Financial Details3303 Kirk Rd 3 PROPERTY INFO
FACTS
- Built In 1982
- Price/Sqft : $119.64
CONSTRUCTION
- Beds : 2
- Floor Size : 804 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
3303 Kirk Rd 3, Lake Worth, FL 33461 is a single family home of 804 sqft. HomeUnion estimate for 3303 Kirk Rd 3 includes a Price Estimate of $96,189 and a Rent Estimate of $1,073. This single family home has 2 bedrooms, 1 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 13.39% and Total Return of 38.06%. The estimated 1 year forecast in home value for 3303 Kirk Rd 3 is 10.54%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
3303 Kirk Rd 3 SCHOOLS
Financial Details
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Fountainview Condominiums
Neighborhood : Fountainview Condominiums
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,073 per month.
MY RENT : $1,073 MEDIAN RENT : $1,067
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 $1,073 would therefore be considered affordable for annual household incomes greater than $42,920 (12 months x 3.333 x $1,073).
HOUSEHOLD INCOME RANGE
Approximately 8 of households in this neighborhood have a total annual income of $42,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,073 per month.
MINIMUM INCOME RANGE : $42,920
COMMUTE TIME DISTRIBUTION
75% of the working population has a commute time of 15 to 44 minutes, 5% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
Fountainview Condominiums Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 10.0% |
| Arts & Entertainment | 11.7% |
| Construction | 18.3% |
| Health Care & Social Assistance | 21.7% |
| Retail & Wholesale Trader | 8.3% |
| Transportation | 10.0% |
| Other | 20.0% |
AGE DISTRIBUTION
70% of the population is between the ages of 25 and 64, 25% is 24 or younger and 5% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 20.2% |
| 15-19 | 4.0% |
| 20-24 | 0.8% |
| 25-44 | 45.2% |
| 45-65 | 25.0% |
| 66+ | 4.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 10.0% |
| Natural Resources Maintenance | 26.7% |
| Production & Transportation | 6.7% |
| Protect | 6.7% |
| Sales & Office | 13.3% |
| Social | 20.0% |
| Other | 16.7% |
HIGHEST EDUCATION LEVEL
11% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.0% |
| High School | 26.4% |
| Masters Degree | 3.4% |
| Some College | 26.4% |
| Some High School | 28.7% |
| Other | 6.9% |
3303 Kirk Rd 3 Comps
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