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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

6001 Boca Grande Cswy E60 Boca Grande, FL 33921

2 Beds 2 Baths 1,247 sqft Built 1989
Last updated:  Jan 23, 2020

INVESTimate

$1,089,733

$926K - $1.25M

Price Est.

$3,088

$2.6K - $3.6K

Rent Est.

$1,172,662  ( +7.61%)   1 YR EST. FORECAST
  
  
  

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6001 Boca Grande Cswy E60 PROPERTY INFO

FACTS
  • Built In 1989
  • Price/Sqft : $873.88
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,247 sqft
  • Baths : 2 Full

6001 Boca Grande Cswy E60 SCHOOLS

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Financial Details

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Neighborhood

BOCA GRANDE

  • 1,047

    POPULATION
  • 400

    HOUSEHOLDS
  • 73.6%

    WHITE COLLAR

Neighborhood : BOCA GRANDE

HOUSEHOLDS
400
POPULATION

1,047

9.5%Renters
90.5%Home Owners
LABOR FORCE

 

73.6%White Collar
26.4%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 $3,088 per month.

MY RENT : $3,088 MEDIAN RENT : $3,792

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 $3,088 would therefore be considered affordable for annual household incomes greater than $123,520 (12 months x 3.333 x $3,088).

Rent % Affordability
Above $500 93.5%
Above $700 82.6%
Above $1,100 67.6%
Above $1,500 56.7%
Above $1,900 49.2%
HOUSEHOLD INCOME RANGE

Approximately 76 of households in this neighborhood have a total annual income of $123,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,088 per month.

MINIMUM INCOME RANGE : $123,520

Income % Distribution
<$20K 6.5%
$20K-$35K 18.4%
$35K-$60K 18.4%
$60K-$100K 18.6%
>=$100K 38.0%
COMMUTE TIME DISTRIBUTION

27% of the working population has a commute time of 15 to 44 minutes, 64% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 29.2%
10-14 mins 27.1%
15-19 mins 14.5%
20-29 mins 9.8%
30-44 mins 2.8%
45-59 mins 1.5%
>60 mins 7.1%
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 $3,088 per month.

MY RENT : $3,088 MEDIAN RENT : $3,792

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 $3,088 would therefore be considered affordable for annual household incomes greater than $123,520 (12 months x 3.333 x $3,088).

Rent % Affordability
Above $500 93.5%
Above $700 82.6%
Above $1,100 67.6%
Above $1,500 56.7%
Above $1,900 49.2%
HOUSEHOLD INCOME RANGE

Approximately 76 of households in this neighborhood have a total annual income of $123,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,088 per month.

MINIMUM INCOME RANGE : $123,520

Income % Distribution
<$20K 6.5%
$20K-$35K 18.4%
$35K-$60K 18.4%
$60K-$100K 18.6%
>=$100K 38.0%
COMMUTE TIME DISTRIBUTION

27% of the working population has a commute time of 15 to 44 minutes, 64% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 29.2%
10-14 mins 27.1%
15-19 mins 14.5%
20-29 mins 9.8%
30-44 mins 2.8%
45-59 mins 1.5%
>60 mins 7.1%

BOCA GRANDE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 15.6%
Arts & Entertainment 25.2%
Health Care & Social Assistance 5.7%
Information 6.7%
Retail & Wholesale Trader 18.0%
Transportation 6.2%
Other 22.7%
AGE DISTRIBUTION

43% of the population is between the ages of 25 and 64, 13% is 24 or younger and 43% is 65 or older.

Age % Distribution
<15 2.6%
15-19 6.9%
20-24 3.7%
25-44 25.8%
45-65 17.6%
66+ 43.5%
OCCUPATION

Occupation % Distribution
Healthcare 7.7%
Management, Business, & Financial 26.6%
Natural Resources Maintenance 17.5%
Production & Transportation 10.6%
Sales & Office 33.2%
Social 4.0%
Other 0.4%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.6%
High School 9.3%
Masters Degree 4.1%
Some College 29.4%
Some High School 5.9%
Other 37.7%

6001 Boca Grande Cswy E60 Comps

Sorry, we do not have sufficient data available.

6001 Boca Grande Cswy E60, Boca Grande, FL 33921 is a single family home of 1,247 sqft. HomeUnion INVESTimateĀ® for 6001 Boca Grande Cswy E60 includes a Price Estimate of $1,089,733 and a Rent Estimate of $3,088. This single family home has 2 bedrooms,2 bathrooms, and was built in 1989. This property has an estimated 15 year annualized Yield of 3.40% and Total Return of 16.79%. The estimated 1 year forecast in home value for 6001 Boca Grande Cswy E60 is 7.61%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , CHARLOTTE County , or the 33921 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 33946