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5875 Sw 66th St PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $250.78
CONSTRUCTION
- Beds : 3
- Floor Size : 1,189 sqft
- Baths : 1 Full
5875 Sw 66th St SCHOOLS
Financial Details
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University Park
Neighborhood : University Park
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 $2,161 per month.
MY RENT : $2,161 MEDIAN RENT : $2,115
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 $2,161 would therefore be considered affordable for annual household incomes greater than $86,440 (12 months x 3.333 x $2,161).
HOUSEHOLD INCOME RANGE
Approximately 8 of households in this neighborhood have a total annual income of $86,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,161 per month.
MINIMUM INCOME RANGE : $86,440
COMMUTE TIME DISTRIBUTION
81% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.
University Park Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 16.8% |
Construction | 8.4% |
Educational Services | 15.9% |
Health Care & Social Assistance | 18.7% |
Retail & Wholesale Trader | 6.5% |
Transportation | 6.5% |
Other | 27.1% |
AGE DISTRIBUTION
54% of the population is between the ages of 25 and 64, 36% is 24 or younger and 10% is 65 or older.
Age | % Distribution |
---|---|
<15 | 8.6% |
15-19 | 6.9% |
20-24 | 20.6% |
25-44 | 39.2% |
45-65 | 14.4% |
66+ | 10.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 22.4% |
Healthcare | 11.8% |
Management, Business, & Financial | 10.6% |
Natural Resources Maintenance | 10.6% |
Production & Transportation | 8.2% |
Sales & Office | 9.4% |
Other | 27.1% |
HIGHEST EDUCATION LEVEL
17% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 4.6% |
High School | 29.4% |
Masters Degree | 6.9% |
Some College | 21.8% |
Some High School | 20.2% |
Other | 17.2% |
5875 Sw 66th St Comps
5875 Sw 66th St, South Miami, FL 33143 is a single family home of 1,189 sqft. HomeUnion INVESTimateĀ® for 5875 Sw 66th St includes a Price Estimate of $298,181 and a Rent Estimate of $2,161. This single family home has 3 bedrooms,1 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 8.70% and Total Return of 27.44%. The estimated 1 year forecast in home value for 5875 Sw 66th St is 5.91%.
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