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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

4538 Ne Tennessee St Arcadia, FL 34266

3 Beds 2 Baths 1,968 sqft Built 1989
Last updated:  Dec 26, 2019

INVESTimate

$252,522

$233K - $272K

Price Est.

$1,653

$1.4K - $1.9K

Rent Est.

$276,234  ( +9.39%)   1 YR EST. FORECAST
  
  
  

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4538 Ne Tennessee St PROPERTY INFO

FACTS
  • Built In 1989
  • Price/Sqft : $128.31
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,968 sqft
  • Baths : 2 Full

4538 Ne Tennessee St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MEMORIAL ELEMENTARY SCHOOL Primary Regular 890 58 NA
DESOTO MIDDLE SCHOOL Middle Regular 997 65 NA
DESOTO COUNTY HIGH SCHOOL High Regular 1,106 67 NA

MEMORIAL ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 890
  • # of teachers: 58
-1
GreatSchools Rating

DESOTO MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 997
  • # of teachers: 65
-1
GreatSchools Rating

DESOTO COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,106
  • # of teachers: 67
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

ARCADIA

  • 31,131

    POPULATION
  • 9,599

    HOUSEHOLDS
  • 32.2%

    WHITE COLLAR

Neighborhood : ARCADIA

HOUSEHOLDS
9,599
POPULATION

31,131

34.8%Renters
65.2%Home Owners
LABOR FORCE

 

32.2%White Collar
67.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,653 per month.

MY RENT : $1,653 MEDIAN RENT : $1,326

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 1.4%
$1,000-1,499 67.3%
>=$1,500 31.3%
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 $1,653 would therefore be considered affordable for annual household incomes greater than $66,120 (12 months x 3.333 x $1,653).

Rent % Affordability
Above $500 72.6%
Above $700 58.4%
Above $1,100 38.9%
Above $1,500 24.1%
Above $1,900 15.3%
HOUSEHOLD INCOME RANGE

Approximately 1,235 of households in this neighborhood have a total annual income of $66,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,653 per month.

MINIMUM INCOME RANGE : $66,120

Income % Distribution
<$20K 27.4%
$20K-$35K 23.8%
$35K-$60K 24.6%
$60K-$100K 17.0%
>=$100K 7.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 30% 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 3.5%
5-9 mins 9.9%
10-14 mins 17.0%
15-19 mins 16.3%
20-29 mins 18.1%
30-44 mins 18.8%
45-59 mins 6.5%
>60 mins 10.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 31% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,653 per month.

MY RENT : $1,653 MEDIAN RENT : $1,326

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 1.4%
$1,000-1,499 67.3%
>=$1,500 31.3%
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 $1,653 would therefore be considered affordable for annual household incomes greater than $66,120 (12 months x 3.333 x $1,653).

Rent % Affordability
Above $500 72.6%
Above $700 58.4%
Above $1,100 38.9%
Above $1,500 24.1%
Above $1,900 15.3%
HOUSEHOLD INCOME RANGE

Approximately 1,235 of households in this neighborhood have a total annual income of $66,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,653 per month.

MINIMUM INCOME RANGE : $66,120

Income % Distribution
<$20K 27.4%
$20K-$35K 23.8%
$35K-$60K 24.6%
$60K-$100K 17.0%
>=$100K 7.1%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 30% 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 3.5%
5-9 mins 9.9%
10-14 mins 17.0%
15-19 mins 16.3%
20-29 mins 18.1%
30-44 mins 18.8%
45-59 mins 6.5%
>60 mins 10.0%

ARCADIA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 25.5%
Arts & Entertainment 8.1%
Construction 10.5%
Health Care & Social Assistance 7.3%
Public Administration 6.1%
Retail & Wholesale Trader 12.3%
Other 30.1%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 17.5%
15-19 7.4%
20-24 6.5%
25-44 27.6%
45-65 23.9%
66+ 17.1%
OCCUPATION

Occupation % Distribution
Clean 8.2%
Management, Business, & Financial 7.0%
Natural Resources Maintenance 29.6%
Production & Transportation 14.2%
Protect 6.0%
Sales & Office 16.4%
Other 18.7%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.4%
High School 40.8%
Masters Degree 2.3%
Some College 12.8%
Some High School 32.7%
Other 7.1%

4538 Ne Tennessee St Comps

Sorry, we do not have sufficient data available.

4538 Ne Tennessee St, Arcadia, FL 34266 is a single family home of 1,968 sqft. HomeUnion INVESTimateĀ® for 4538 Ne Tennessee St includes a Price Estimate of $252,522 and a Rent Estimate of $1,653. This single family home has 3 bedrooms,2 bathrooms, and was built in 1989. This property has an estimated 15 year annualized Yield of 7.86% and Total Return of 26.85%. The estimated 1 year forecast in home value for 4538 Ne Tennessee St is 9.39%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , DE SOTO County , or the 34266 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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