Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

38 Sunset Cir Lake Alfred, FL 33850

0 Beds 0 Baths 672 sqft Built 1974
Last updated:  Jan 23, 2020

INVESTimate

$153,236

$133K - $173K

Price Est.

$695

634 - 756

Rent Est.

$165,939  ( +8.29%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

38 Sunset Cir PROPERTY INFO

FACTS
  • Built In 1974
  • Price/Sqft : $228.03
CONSTRUCTION
  • Beds : 0
  • Floor Size : 672 sqft
  • Baths : 0 Full

38 Sunset Cir SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
WALTER CALDWELL ELEMENTARY SCHOOL Primary Regular 621 41 3
JERE L. STAMBAUGH MIDDLE SCHOOL Middle Regular 879 54 3
AUBURNDALE SENIOR HIGH SCHOOL High Regular 1,475 91 4

WALTER CALDWELL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 621
  • # of teachers: 41
3
GreatSchools Rating

JERE L. STAMBAUGH MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 879
  • # of teachers: 54
3
GreatSchools Rating

AUBURNDALE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,475
  • # of teachers: 91
4
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Lake Mariana Shores

  • 78

    POPULATION
  • 35

    HOUSEHOLDS
  • 37.7%

    WHITE COLLAR

Neighborhood : Lake Mariana Shores

HOUSEHOLDS
35
POPULATION

78

17.9%Renters
82.1%Home Owners
LABOR FORCE

 

37.7%White Collar
62.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $695 per month.

MY RENT : $695 MEDIAN RENT : $820

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 66.7%
$900-999 33.3%
$1,000-1,499 0.0%
>=$1,500 0.0%
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 $695 would therefore be considered affordable for annual household incomes greater than $27,800 (12 months x 3.333 x $695).

Rent % Affordability
Above $500 70.3%
Above $700 53.0%
Above $1,100 30.8%
Above $1,500 16.2%
Above $1,900 13.1%
HOUSEHOLD INCOME RANGE

Approximately 133 of households in this neighborhood have a total annual income of $27,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $695 per month.

MINIMUM INCOME RANGE : $27,800

Income % Distribution
<$20K 29.7%
$20K-$35K 35.1%
$35K-$60K 18.9%
$60K-$100K 13.5%
>=$100K 2.7%
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.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 0.0%
10-14 mins 8.7%
15-19 mins 4.3%
20-29 mins 34.8%
30-44 mins 26.1%
45-59 mins 17.4%
>60 mins 4.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $695 per month.

MY RENT : $695 MEDIAN RENT : $820

Rent % Distribution
$500-699 0.0%
$700-899 66.7%
$900-999 33.3%
$1,000-1,499 0.0%
>=$1,500 0.0%
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 $695 would therefore be considered affordable for annual household incomes greater than $27,800 (12 months x 3.333 x $695).

Rent % Affordability
Above $500 70.3%
Above $700 53.0%
Above $1,100 30.8%
Above $1,500 16.2%
Above $1,900 13.1%
HOUSEHOLD INCOME RANGE

Approximately 133 of households in this neighborhood have a total annual income of $27,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $695 per month.

MINIMUM INCOME RANGE : $27,800

Income % Distribution
<$20K 29.7%
$20K-$35K 35.1%
$35K-$60K 18.9%
$60K-$100K 13.5%
>=$100K 2.7%
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.

Time (mins) % Distribution
<5 mins 4.3%
5-9 mins 0.0%
10-14 mins 8.7%
15-19 mins 4.3%
20-29 mins 34.8%
30-44 mins 26.1%
45-59 mins 17.4%
>60 mins 4.3%

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%

38 Sunset Cir Comps

Sorry, we do not have sufficient data available.

38 Sunset Cir, Lake Alfred, FL 33850 is a single family home of 672 sqft. HomeUnion INVESTimateĀ® for 38 Sunset Cir includes a Price Estimate of $153,236 and a Rent Estimate of $695. This single family home has 0 bedrooms,0 bathrooms, and was built in 1974. This property has an estimated 15 year annualized Yield of 5.44% and Total Return of 13.89%. The estimated 1 year forecast in home value for 38 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

Nearest zipcodes within 2 miles

  1. 33881
  2. 33880
  3. 33823
  4. 33844