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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

4086 Foss Rd Lake Worth, FL 33461

2 Beds 1 Baths 1,168 sqft Built 1956
Last updated:  Dec 26, 2019

INVESTimate

$230,007

$222K - $238K

Price Est.

$1,375

$1.3K - $1.5K

Rent Est.

$266,325  ( +15.79%)   1 YR EST. FORECAST
  
  
  

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4086 Foss Rd PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $196.92
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,168 sqft
  • Baths : 1 Full

4086 Foss Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PALM SPRINGS ELEMENTARY SCHOOL Primary Regular 878 64 3
LAKE WORTH MIDDLE SCHOOL Middle Magnet 935 57 4
LAKE WORTH COMMUNITY HIGH SCHOOL High Magnet 2,114 129 3

PALM SPRINGS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 878
  • # of teachers: 64
3
GreatSchools Rating

LAKE WORTH MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 935
  • # of teachers: 57
4
GreatSchools Rating

LAKE WORTH COMMUNITY HIGH SCHOOL

  • Education Level: High
  • # of students: 2,114
  • # of teachers: 129
3
GreatSchools Rating
 

Financial Details

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Neighborhood

Lake Worth Corridor

  • 15,486

    POPULATION
  • 4,142

    HOUSEHOLDS
  • 30.8%

    WHITE COLLAR

Neighborhood : Lake Worth Corridor

HOUSEHOLDS
4,142
POPULATION

15,486

70.8%Renters
29.2%Home Owners
LABOR FORCE

 

30.8%White Collar
69.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,375 per month.

MY RENT : $1,375 MEDIAN RENT : $1,539

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 45.1%
>=$1,500 54.9%
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 $1,375 would therefore be considered affordable for annual household incomes greater than $55,000 (12 months x 3.333 x $1,375).

Rent % Affordability
Above $500 70.4%
Above $700 58.4%
Above $1,100 36.0%
Above $1,500 25.4%
Above $1,900 15.2%
HOUSEHOLD INCOME RANGE

Approximately 1,113 of households in this neighborhood have a total annual income of $55,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,375 per month.

MINIMUM INCOME RANGE : $55,000

Income % Distribution
<$20K 29.6%
$20K-$35K 27.3%
$35K-$60K 17.7%
$60K-$100K 19.1%
>=$100K 6.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 5.9%
10-14 mins 9.9%
15-19 mins 11.6%
20-29 mins 27.9%
30-44 mins 26.2%
45-59 mins 6.8%
>60 mins 10.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 66% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,375 per month.

MY RENT : $1,375 MEDIAN RENT : $1,539

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 45.1%
>=$1,500 54.9%
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 $1,375 would therefore be considered affordable for annual household incomes greater than $55,000 (12 months x 3.333 x $1,375).

Rent % Affordability
Above $500 70.4%
Above $700 58.4%
Above $1,100 36.0%
Above $1,500 25.4%
Above $1,900 15.2%
HOUSEHOLD INCOME RANGE

Approximately 1,113 of households in this neighborhood have a total annual income of $55,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,375 per month.

MINIMUM INCOME RANGE : $55,000

Income % Distribution
<$20K 29.6%
$20K-$35K 27.3%
$35K-$60K 17.7%
$60K-$100K 19.1%
>=$100K 6.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.2%
5-9 mins 5.9%
10-14 mins 9.9%
15-19 mins 11.6%
20-29 mins 27.9%
30-44 mins 26.2%
45-59 mins 6.8%
>60 mins 10.4%

Lake Worth Corridor Demographics

INDUSTRY

Industry % Distribution
Administrative Support 17.2%
Arts & Entertainment 12.0%
Construction 21.8%
Health Care & Social Assistance 11.4%
Retail & Wholesale Trader 11.8%
Transportation 3.7%
Other 22.1%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 41% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 26.9%
15-19 6.7%
20-24 7.4%
25-44 33.8%
45-65 19.2%
66+ 5.9%
OCCUPATION

Occupation % Distribution
Clean 17.7%
Education 7.5%
Healthcare 6.9%
Natural Resources Maintenance 25.9%
Production & Transportation 12.2%
Sales & Office 16.1%
Other 13.6%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.7%
High School 32.3%
Masters Degree 1.5%
Some College 16.6%
Some High School 36.5%
Other 7.4%

4086 Foss Rd Comps

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4086 Foss Rd, Lake Worth, FL 33461 is a single family home of 1,168 sqft. HomeUnion INVESTimateĀ® for 4086 Foss Rd includes a Price Estimate of $230,007 and a Rent Estimate of $1,375. This single family home has 2 bedrooms,1 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 7.17% and Total Return of 41.27%. The estimated 1 year forecast in home value for 4086 Foss Rd is 15.79%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , PALM BEACH County , or the 33461 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 33463
  2. 05375
  3. 33462
  4. 33406
  5. 33415