5001 Sunset Village Dr PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $610.50
CONSTRUCTION
- Beds : 2
- Floor Size : 1,188 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
5001 Sunset Village Dr, Duck Key, FL 33050 is a single family home of 1,188 sqft. HomeUnion estimate for 5001 Sunset Village Dr includes a Price Estimate of $725,274 and a Rent Estimate of $3,891. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 6.44% and Total Return of 25.01%. The estimated 1 year forecast in home value for 5001 Sunset Village Dr is 7.42%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
5001 Sunset Village Dr SCHOOLS
Financial Details
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MARATHON
Neighborhood : MARATHON
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 $3,891 per month.
MY RENT : $3,891 MEDIAN RENT : $3,476
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 $3,891 would therefore be considered affordable for annual household incomes greater than $155,640 (12 months x 3.333 x $3,891).
HOUSEHOLD INCOME RANGE
Approximately 402 of households in this neighborhood have a total annual income of $155,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,891 per month.
MINIMUM INCOME RANGE : $155,640
COMMUTE TIME DISTRIBUTION
23% of the working population has a commute time of 15 to 44 minutes, 73% has a commute time of 14 minutes or less and 4% has a commute time of 45 minutes or longer.
MARATHON Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 20.6% |
Construction | 7.4% |
Health Care & Social Assistance | 9.9% |
Professional & Scientific Tech Services | 5.5% |
Real Estate | 6.5% |
Retail & Wholesale Trader | 16.5% |
Other | 33.7% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 25% is 24 or younger and 22% is 65 or older.
Age | % Distribution |
---|---|
<15 | 12.8% |
15-19 | 6.0% |
20-24 | 6.5% |
25-44 | 23.3% |
45-65 | 29.2% |
66+ | 22.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 8.4% |
Healthcare | 7.5% |
Management, Business, & Financial | 16.3% |
Natural Resources Maintenance | 14.9% |
Production & Transportation | 9.4% |
Sales & Office | 26.7% |
Other | 16.8% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 8.3% |
High School | 30.7% |
Masters Degree | 6.6% |
Some College | 22.4% |
Some High School | 8.8% |
Other | 23.3% |
5001 Sunset Village Dr Comps
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