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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

5019 S 88th St Clair Mel City, FL 33619

4 Beds 2 Baths 1,716 sqft Built 1961
Last updated:  Jan 23, 2020

INVESTimate

$174,652

$167K - $182K

Price Est.

$1,359

$1.3K - $1.4K

Rent Est.

$195,471  ( +11.92%)   1 YR EST. FORECAST
  
  
  

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5019 S 88th St PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $101.78
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,716 sqft
  • Baths : 2 Full

5019 S 88th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAMB ELEMENTARY SCHOOL Primary Unknown NA
GIUNTA MIDDLE SCHOOL Middle Regular 1,021 63 3
SPOTO HIGH SCHOOL High Regular 1,216 83 4

LAMB ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

GIUNTA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,021
  • # of teachers: 63
3
GreatSchools Rating

SPOTO HIGH SCHOOL

  • Education Level: High
  • # of students: 1,216
  • # of teachers: 83
4
GreatSchools Rating
 

Financial Details

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Neighborhood

Progress Village

  • 2,497

    POPULATION
  • 762

    HOUSEHOLDS
  • 52.7%

    WHITE COLLAR

Neighborhood : Progress Village

HOUSEHOLDS
762
POPULATION

2,497

43.9%Renters
56.1%Home Owners
LABOR FORCE

 

52.7%White Collar
47.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,359 per month.

MY RENT : $1,359 MEDIAN RENT : $1,075

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 7.5%
$1,000-1,499 91.8%
>=$1,500 0.7%
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 $1,359 would therefore be considered affordable for annual household incomes greater than $54,360 (12 months x 3.333 x $1,359).

Rent % Affordability
Above $500 76.8%
Above $700 60.9%
Above $1,100 35.1%
Above $1,500 23.7%
Above $1,900 19.3%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $54,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,359 per month.

MINIMUM INCOME RANGE : $54,360

Income % Distribution
<$20K 23.2%
$20K-$35K 26.9%
$35K-$60K 26.1%
$60K-$100K 16.0%
>=$100K 7.8%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.4%
5-9 mins 2.8%
10-14 mins 8.9%
15-19 mins 29.3%
20-29 mins 10.6%
30-44 mins 28.1%
45-59 mins 10.8%
>60 mins 9.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 27% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,359 per month.

MY RENT : $1,359 MEDIAN RENT : $1,075

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 7.5%
$1,000-1,499 91.8%
>=$1,500 0.7%
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 $1,359 would therefore be considered affordable for annual household incomes greater than $54,360 (12 months x 3.333 x $1,359).

Rent % Affordability
Above $500 76.8%
Above $700 60.9%
Above $1,100 35.1%
Above $1,500 23.7%
Above $1,900 19.3%
HOUSEHOLD INCOME RANGE

Approximately 199 of households in this neighborhood have a total annual income of $54,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,359 per month.

MINIMUM INCOME RANGE : $54,360

Income % Distribution
<$20K 23.2%
$20K-$35K 26.9%
$35K-$60K 26.1%
$60K-$100K 16.0%
>=$100K 7.8%
COMMUTE TIME DISTRIBUTION

68% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.4%
5-9 mins 2.8%
10-14 mins 8.9%
15-19 mins 29.3%
20-29 mins 10.6%
30-44 mins 28.1%
45-59 mins 10.8%
>60 mins 9.2%

Progress Village Demographics

INDUSTRY

Industry % Distribution
Administrative Support 13.0%
Arts & Entertainment 12.8%
Educational Services 11.9%
Health Care & Social Assistance 15.2%
Public Administration 6.1%
Transportation 13.8%
Other 27.2%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 36% is 24 or younger and 11% is 65 or older.

Age % Distribution
<15 23.7%
15-19 4.8%
20-24 7.3%
25-44 28.9%
45-65 24.2%
66+ 11.1%
OCCUPATION

Occupation % Distribution
Construction 11.5%
Healthcare 9.6%
Production & Transportation 17.9%
Protect 9.9%
Sales & Office 12.9%
Social 8.9%
Other 29.4%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 14.0%
High School 19.7%
Masters Degree 5.2%
Some College 19.4%
Some High School 27.1%
Other 14.6%

5019 S 88th St Comps

Sorry, we do not have sufficient data available.

5019 S 88th St, Clair Mel City, FL 33619 is a single family home of 1,716 sqft. HomeUnion INVESTimateĀ® for 5019 S 88th St includes a Price Estimate of $174,652 and a Rent Estimate of $1,359. This single family home has 4 bedrooms,2 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 9.34% and Total Return of 34.76%. The estimated 1 year forecast in home value for 5019 S 88th St is 11.92%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , HILLSBOROUGH County , or the 33619 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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  1. 33578
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