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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

512 Sw 8th St Belle Glade, FL 33430

0 Beds 2 Baths 1,243 sqft Built 1985
Last updated:  Dec 26, 2019

INVESTimate

$147,803

$140K - $156K

Price Est.

$1,219

$1.0K - $1.4K

Rent Est.

$160,071  ( +8.3%)   1 YR EST. FORECAST
  
  
  

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512 Sw 8th St PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $118.91
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,243 sqft
  • Baths : 2 Full

512 Sw 8th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GLADE VIEW ELEMENTARY SCHOOL Primary Regular 373 26 2
LAKE SHORE MIDDLE SCHOOL Middle Magnet 679 41 2
GLADES CENTRAL COMMUNITY HIGH SCHOOL High Magnet 1,056 64 2

GLADE VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 373
  • # of teachers: 26
2
GreatSchools Rating

LAKE SHORE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 679
  • # of teachers: 41
2
GreatSchools Rating

GLADES CENTRAL COMMUNITY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,056
  • # of teachers: 64
2
GreatSchools Rating
 

Financial Details

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Neighborhood

BELLE GLADE

  • 22,313

    POPULATION
  • 7,194

    HOUSEHOLDS
  • 44.0%

    WHITE COLLAR

Neighborhood : BELLE GLADE

HOUSEHOLDS
7,194
POPULATION

22,313

65.6%Renters
34.4%Home Owners
LABOR FORCE

 

44.0%White Collar
56.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,219 per month.

MY RENT : $1,219 MEDIAN RENT : $1,325

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.3%
$900-999 7.4%
$1,000-1,499 62.5%
>=$1,500 28.8%
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 $1,219 would therefore be considered affordable for annual household incomes greater than $48,760 (12 months x 3.333 x $1,219).

Rent % Affordability
Above $500 59.7%
Above $700 47.0%
Above $1,100 30.0%
Above $1,500 17.4%
Above $1,900 12.7%
HOUSEHOLD INCOME RANGE

Approximately 1,540 of households in this neighborhood have a total annual income of $48,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,219 per month.

MINIMUM INCOME RANGE : $48,760

Income % Distribution
<$20K 40.3%
$20K-$35K 20.9%
$35K-$60K 21.4%
$60K-$100K 10.5%
>=$100K 6.9%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 18.9%
10-14 mins 13.0%
15-19 mins 11.7%
20-29 mins 10.9%
30-44 mins 13.0%
45-59 mins 10.5%
>60 mins 13.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,219 per month.

MY RENT : $1,219 MEDIAN RENT : $1,325

Rent % Distribution
$500-699 0.0%
$700-899 1.3%
$900-999 7.4%
$1,000-1,499 62.5%
>=$1,500 28.8%
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 $1,219 would therefore be considered affordable for annual household incomes greater than $48,760 (12 months x 3.333 x $1,219).

Rent % Affordability
Above $500 59.7%
Above $700 47.0%
Above $1,100 30.0%
Above $1,500 17.4%
Above $1,900 12.7%
HOUSEHOLD INCOME RANGE

Approximately 1,540 of households in this neighborhood have a total annual income of $48,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,219 per month.

MINIMUM INCOME RANGE : $48,760

Income % Distribution
<$20K 40.3%
$20K-$35K 20.9%
$35K-$60K 21.4%
$60K-$100K 10.5%
>=$100K 6.9%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 18.9%
10-14 mins 13.0%
15-19 mins 11.7%
20-29 mins 10.9%
30-44 mins 13.0%
45-59 mins 10.5%
>60 mins 13.9%

BELLE GLADE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 20.5%
Arts & Entertainment 8.5%
Educational Services 8.6%
Health Care & Social Assistance 13.0%
Manufacturing 8.2%
Retail & Wholesale Trader 13.5%
Other 27.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 41% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 23.0%
15-19 7.6%
20-24 9.9%
25-44 23.7%
45-65 24.1%
66+ 11.7%
OCCUPATION

Occupation % Distribution
Clean 7.1%
Healthcare 8.3%
Management, Business, & Financial 8.3%
Natural Resources Maintenance 19.3%
Production & Transportation 13.3%
Sales & Office 21.0%
Other 22.8%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.4%
High School 31.3%
Masters Degree 2.5%
Some College 14.7%
Some High School 38.4%
Other 6.8%

512 Sw 8th St Comps

Sorry, we do not have sufficient data available.

512 Sw 8th St, Belle Glade, FL 33430 is a single family home of 1,243 sqft. HomeUnion INVESTimateĀ® for 512 Sw 8th St includes a Price Estimate of $147,803 and a Rent Estimate of $1,219. This single family home has 0 bedrooms,2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 9.90% and Total Return of 26.94%. The estimated 1 year forecast in home value for 512 Sw 8th St is 8.3%.

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 33430 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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