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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

5930 Sw 59th St South Miami, FL 33143

2 Beds 1 Baths 1,613 sqft Built 1950
Last updated:  Oct 23, 2019

INVESTimate

$304,664

$291K - $318K

Price Est.

$2,427

$2.2K - $2.7K

Rent Est.

$322,670  ( +5.91%)   1 YR EST. FORECAST
  
  
  

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5930 Sw 59th St PROPERTY INFO

FACTS
  • Built In 1950
  • Price/Sqft : $188.88
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,613 sqft
  • Baths : 1 Full

5930 Sw 59th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
SOUTH MIAMI K-8 CENTER SCHOOL Primary Magnet 825 60 8
SOUTH MIAMI MIDDLE SCHOOL Middle Magnet 1,026 51 9
SOUTH MIAMI SENIOR HIGH SCHOOL High Magnet 2,248 111 4

SOUTH MIAMI K-8 CENTER SCHOOL

  • Education Level: Primary
  • # of students: 825
  • # of teachers: 60
8
GreatSchools Rating

SOUTH MIAMI MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,026
  • # of teachers: 51
9
GreatSchools Rating

SOUTH MIAMI SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 2,248
  • # of teachers: 111
4
GreatSchools Rating
 

Financial Details

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Neighborhood

University Manor

  • 405

    POPULATION
  • 109

    HOUSEHOLDS
  • 60.0%

    WHITE COLLAR

Neighborhood : University Manor

HOUSEHOLDS
109
POPULATION

405

29.9%Renters
70.1%Home Owners
LABOR FORCE

 

60.0%White Collar
40.0%Blue Collar
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 $2,427 per month.

MY RENT : $2,427 MEDIAN RENT : $2,420

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,427 would therefore be considered affordable for annual household incomes greater than $97,080 (12 months x 3.333 x $2,427).

Rent % Affordability
Above $500 80.2%
Above $700 75.7%
Above $1,100 63.8%
Above $1,500 51.4%
Above $1,900 38.3%
HOUSEHOLD INCOME RANGE

Approximately 32 of households in this neighborhood have a total annual income of $97,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,427 per month.

MINIMUM INCOME RANGE : $97,080

Income % Distribution
<$20K 19.8%
$20K-$35K 9.9%
$35K-$60K 18.9%
$60K-$100K 23.4%
>=$100K 27.9%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.9%
5-9 mins 5.0%
10-14 mins 12.2%
15-19 mins 8.3%
20-29 mins 16.0%
30-44 mins 42.0%
45-59 mins 7.2%
>60 mins 5.5%
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 $2,427 per month.

MY RENT : $2,427 MEDIAN RENT : $2,420

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,427 would therefore be considered affordable for annual household incomes greater than $97,080 (12 months x 3.333 x $2,427).

Rent % Affordability
Above $500 80.2%
Above $700 75.7%
Above $1,100 63.8%
Above $1,500 51.4%
Above $1,900 38.3%
HOUSEHOLD INCOME RANGE

Approximately 32 of households in this neighborhood have a total annual income of $97,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,427 per month.

MINIMUM INCOME RANGE : $97,080

Income % Distribution
<$20K 19.8%
$20K-$35K 9.9%
$35K-$60K 18.9%
$60K-$100K 23.4%
>=$100K 27.9%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.9%
5-9 mins 5.0%
10-14 mins 12.2%
15-19 mins 8.3%
20-29 mins 16.0%
30-44 mins 42.0%
45-59 mins 7.2%
>60 mins 5.5%

University Manor Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.6%
Educational Services 26.6%
Financial Industries 9.6%
Health Care & Social Assistance 17.0%
Information 5.9%
Professional & Scientific Tech Services 6.4%
Other 25.0%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 16.5%
15-19 5.7%
20-24 6.9%
25-44 30.4%
45-65 25.9%
66+ 14.6%
OCCUPATION

Occupation % Distribution
Construction 14.3%
Healthcare 7.1%
Management, Business, & Financial 16.4%
Production & Transportation 14.3%
Protect 6.4%
Sales & Office 19.3%
Other 22.1%
HIGHEST EDUCATION LEVEL

32% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.6%
High School 26.2%
Masters Degree 15.6%
Some College 12.3%
Some High School 12.9%
Other 24.5%

5930 Sw 59th St Comps

Sorry, we do not have sufficient data available.

5930 Sw 59th St, South Miami, FL 33143 is a single family home of 1,613 sqft. HomeUnion INVESTimateĀ® for 5930 Sw 59th St includes a Price Estimate of $304,664 and a Rent Estimate of $2,427. This single family home has 2 bedrooms,1 bathrooms, and was built in 1950. This property has an estimated 15 year annualized Yield of 9.56% and Total Return of 27.69%. The estimated 1 year forecast in home value for 5930 Sw 59th St is 5.91%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , MIAMI-DADE County , or the 33143 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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