Sell Your Property

Easily Access a network of motivated buyers
This page contains information about each property aggregated from public data sources, 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.

...MORE

This page contains information about each property aggregated from public data sources, 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.

6133 Sw 63rd Ter South Miami, FL 33143

3 Beds 1 Baths 807 sqft Built 1934
Last updated:  Oct 23, 2019

INVESTimate

$277,408

$265K - $289K

Price Est.

$1,878

$1.7K - $2.1K

Rent Est.

$293,803  ( +5.91%)   1 YR EST. FORECAST

6133 Sw 63rd Ter PROPERTY INFO

FACTS
  • Built In 1934
  • Price/Sqft : $343.75
CONSTRUCTION
  • Beds : 3
  • Floor Size : 807 sqft
  • Baths : 1 Full
PROPERTY DESCRIPTION
6133 Sw 63rd Ter, South Miami, FL 33143 is a single family home of 807 sqft. HomeUnion estimate for 6133 Sw 63rd Ter includes a Price Estimate of $277,408 and a Rent Estimate of $1,878. This single family home has 3 bedrooms, 1 bathrooms, and was built in 1934. This property has an estimated 15 year annualized Yield of 8.12% and Total Return of 26.09%. The estimated 1 year forecast in home value for 6133 Sw 63rd Ter is 5.91%.
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 3301 HENDERSON MILL ROAD Atlanta, GA
    • 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units 3 beds 2 baths ∙ 1,348 Sqft ∙ Built 1969 ∙ 1units
    AVAILABLE fmls
    • 13.98% GROSS YIELD
    • $7,359 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $169,900
    • $50,774
    • $1,980
  • 1147 W ROSEWOOD AVE San Antonio, TX
    • 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units 2 beds 2 baths ∙ 1,006 Sqft ∙ Built 1920 ∙ 2units
    AVAILABLE
    • 12.70% GROSS YIELD
    • $11,492 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $189,023
    • $61,591
    • $2,000
  • 2032 GLENRIDGE DRIVE Indianapolis, IN
    • 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units 4 beds 1 baths ∙ 1,820 Sqft ∙ Built 1949 ∙ 1units
    AVAILABLE
    • 12.40% GROSS YIELD
    • $5,248 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $90,000
    • $29,600
    • $930
  • 8610 CRYSTAL COVE CIRCLE Houston, TX
    • 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units 3 beds 2 baths ∙ 1,176 Sqft ∙ Built 1981 ∙ 1units
    AVAILABLE
    • 12.03% GROSS YIELD
    • $6,018 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $134,700
    • $41,446
    • $1,350

6133 Sw 63rd Ter SCHOOLS

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

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

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

Pines

  • 65

    POPULATION
  • 21

    HOUSEHOLDS
  • 60.0%

    WHITE COLLAR

Neighborhood : Pines

HOUSEHOLDS
21
POPULATION

65

29.6%Renters
70.4%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 $1,878 per month.

MY RENT : $1,878 MEDIAN RENT : $1,992

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 $1,878 would therefore be considered affordable for annual household incomes greater than $75,120 (12 months x 3.333 x $1,878).

Rent % Affordability
Above $500 83.3%
Above $700 80.0%
Above $1,100 63.3%
Above $1,500 61.1%
Above $1,900 43.8%
HOUSEHOLD INCOME RANGE

Approximately 6 of households in this neighborhood have a total annual income of $75,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,878 per month.

MINIMUM INCOME RANGE : $75,120

Income % Distribution
<$20K 16.7%
$20K-$35K 11.1%
$35K-$60K 11.1%
$60K-$100K 33.3%
>=$100K 27.8%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 19% 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 3.8%
5-9 mins 3.8%
10-14 mins 11.5%
15-19 mins 7.7%
20-29 mins 15.4%
30-44 mins 46.2%
45-59 mins 7.7%
>60 mins 3.8%
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 $1,878 per month.

MY RENT : $1,878 MEDIAN RENT : $1,992

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 $1,878 would therefore be considered affordable for annual household incomes greater than $75,120 (12 months x 3.333 x $1,878).

Rent % Affordability
Above $500 83.3%
Above $700 80.0%
Above $1,100 63.3%
Above $1,500 61.1%
Above $1,900 43.8%
HOUSEHOLD INCOME RANGE

Approximately 6 of households in this neighborhood have a total annual income of $75,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,878 per month.

MINIMUM INCOME RANGE : $75,120

Income % Distribution
<$20K 16.7%
$20K-$35K 11.1%
$35K-$60K 11.1%
$60K-$100K 33.3%
>=$100K 27.8%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 19% 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 3.8%
5-9 mins 3.8%
10-14 mins 11.5%
15-19 mins 7.7%
20-29 mins 15.4%
30-44 mins 46.2%
45-59 mins 7.7%
>60 mins 3.8%

Pines Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.0%
Educational Services 26.7%
Financial Industries 10.0%
Health Care & Social Assistance 16.7%
Professional & Scientific Tech Services 6.7%
Retail & Wholesale Trader 6.7%
Other 23.3%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 29% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 16.9%
15-19 6.2%
20-24 6.2%
25-44 30.8%
45-65 26.2%
66+ 13.8%
OCCUPATION

Occupation % Distribution
Construction 13.6%
Healthcare 9.1%
Management, Business, & Financial 18.2%
Production & Transportation 13.6%
Protect 4.5%
Sales & Office 18.2%
Other 22.7%
HIGHEST EDUCATION LEVEL

33% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 25.6%
Masters Degree 16.3%
Some College 11.6%
Some High School 14.0%
Other 23.3%

6133 Sw 63rd Ter Comps

Sorry, we do not have sufficient data available.

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

Similar Investment Properties By Bed/Bath within 2 miles

  1. 6711 Sw 67th St
  2. 5881 Sw 82nd St
  3. 6480 Sw 82nd St
  4. 7950 Sw 71st Ave
  5. 7890 Sw 66th St

Nearest zipcodes within 2 miles

  1. 33155
  2. 33146
  3. 33156
  4. 33173
  5. 33134