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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

5601 E 30th Ave Clair Mel City, FL 33619

5 Beds 3 Baths 1,830 sqft Built 1962
Last updated:  Jan 23, 2020

INVESTimate

$196,680

$188K - $205K

Price Est.

$1,785

$1.7K - $1.9K

Rent Est.

$220,459  ( +12.09%)   1 YR EST. FORECAST
  
  
  

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5601 E 30th Ave PROPERTY INFO

FACTS
  • Built In 1962
  • Price/Sqft : $107.48
CONSTRUCTION
  • Beds : 5
  • Floor Size : 1,830 sqft
  • Baths : 3 Full

5601 E 30th Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JAMES ELEMENTARY SCHOOL Primary Regular 661 52 3
BURNETT MIDDLE SCHOOL Middle Regular 1,016 58 4
BLAKE HIGH SCHOOL High Magnet 1,603 97 6

JAMES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 661
  • # of teachers: 52
3
GreatSchools Rating

BURNETT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,016
  • # of teachers: 58
4
GreatSchools Rating

BLAKE HIGH SCHOOL

  • Education Level: High
  • # of students: 1,603
  • # of teachers: 97
6
GreatSchools Rating
 

Financial Details

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Neighborhood

East Lake - Orient Park

  • 19,260

    POPULATION
  • 7,173

    HOUSEHOLDS
  • 54.0%

    WHITE COLLAR

Neighborhood : East Lake - Orient Park

HOUSEHOLDS
7,173
POPULATION

19,260

58.7%Renters
41.3%Home Owners
LABOR FORCE

 

54.0%White Collar
46.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,785 per month.

MY RENT : $1,785 MEDIAN RENT : $1,291

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.2%
$900-999 6.0%
$1,000-1,499 80.0%
>=$1,500 13.8%
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 $1,785 would therefore be considered affordable for annual household incomes greater than $71,400 (12 months x 3.333 x $1,785).

Rent % Affordability
Above $500 75.0%
Above $700 63.2%
Above $1,100 43.3%
Above $1,500 26.6%
Above $1,900 16.8%
HOUSEHOLD INCOME RANGE

Approximately 977 of households in this neighborhood have a total annual income of $71,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,785 per month.

MINIMUM INCOME RANGE : $71,400

Income % Distribution
<$20K 25.0%
$20K-$35K 20.7%
$35K-$60K 27.7%
$60K-$100K 18.2%
>=$100K 8.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 8.4%
10-14 mins 14.4%
15-19 mins 15.6%
20-29 mins 22.0%
30-44 mins 24.9%
45-59 mins 6.5%
>60 mins 5.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,785 per month.

MY RENT : $1,785 MEDIAN RENT : $1,291

Rent % Distribution
$500-699 0.0%
$700-899 0.2%
$900-999 6.0%
$1,000-1,499 80.0%
>=$1,500 13.8%
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 $1,785 would therefore be considered affordable for annual household incomes greater than $71,400 (12 months x 3.333 x $1,785).

Rent % Affordability
Above $500 75.0%
Above $700 63.2%
Above $1,100 43.3%
Above $1,500 26.6%
Above $1,900 16.8%
HOUSEHOLD INCOME RANGE

Approximately 977 of households in this neighborhood have a total annual income of $71,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,785 per month.

MINIMUM INCOME RANGE : $71,400

Income % Distribution
<$20K 25.0%
$20K-$35K 20.7%
$35K-$60K 27.7%
$60K-$100K 18.2%
>=$100K 8.4%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.8%
5-9 mins 8.4%
10-14 mins 14.4%
15-19 mins 15.6%
20-29 mins 22.0%
30-44 mins 24.9%
45-59 mins 6.5%
>60 mins 5.4%

East Lake - Orient Park Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 15.4%
Construction 7.6%
Health Care & Social Assistance 13.3%
Manufacturing 6.4%
Professional & Scientific Tech Services 7.7%
Retail & Wholesale Trader 12.9%
Other 36.7%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 36% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 22.5%
15-19 5.4%
20-24 7.8%
25-44 32.4%
45-65 23.6%
66+ 8.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.8%
Healthcare 7.3%
Management, Business, & Financial 11.8%
Natural Resources Maintenance 12.3%
Production & Transportation 16.4%
Sales & Office 23.9%
Other 19.5%
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 9.4%
High School 30.9%
Masters Degree 7.4%
Some College 19.8%
Some High School 19.4%
Other 13.1%

5601 E 30th Ave Comps

Sorry, we do not have sufficient data available.

5601 E 30th Ave, Clair Mel City, FL 33619 is a single family home of 1,830 sqft. HomeUnion INVESTimateĀ® for 5601 E 30th Ave includes a Price Estimate of $196,680 and a Rent Estimate of $1,785. This single family home has 5 bedrooms,3 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 10.89% and Total Return of 42.12%. The estimated 1 year forecast in home value for 5601 E 30th Ave is 12.09%.

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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