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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

6174 Sw 64th Ter South Miami, FL 33143

4 Beds 2 Baths 1,762 sqft Built 1976
Last updated:  Dec 26, 2019

INVESTimate

$475,908

$453K - $499K

Price Est.

$2,685

$2.4K - $3.0K

Rent Est.

$504,034  ( +5.91%)   1 YR EST. FORECAST
  
  
  

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6174 Sw 64th Ter PROPERTY INFO

FACTS
  • Built In 1976
  • Price/Sqft : $270.10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,762 sqft
  • Baths : 2 Full

6174 Sw 64th Ter SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LUDLAM ELEMENTARY SCHOOL Primary Regular 431 29 7
SOUTH MIAMI MIDDLE SCHOOL Middle Magnet 1,026 51 9
SOUTH MIAMI SENIOR HIGH SCHOOL High Magnet 2,248 111 4

LUDLAM ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 431
  • # of teachers: 29
7
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 Gardens

  • 588

    POPULATION
  • 201

    HOUSEHOLDS
  • 50.8%

    WHITE COLLAR

Neighborhood : University Gardens

HOUSEHOLDS
201
POPULATION

588

81.5%Renters
18.5%Home Owners
LABOR FORCE

 

50.8%White Collar
49.2%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 $2,685 per month.

MY RENT : $2,685 MEDIAN RENT : $1,870

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 $2,685 would therefore be considered affordable for annual household incomes greater than $107,400 (12 months x 3.333 x $2,685).

Rent % Affordability
Above $500 49.0%
Above $700 41.3%
Above $1,100 26.5%
Above $1,500 16.2%
Above $1,900 11.4%
HOUSEHOLD INCOME RANGE

Approximately 8 of households in this neighborhood have a total annual income of $107,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,685 per month.

MINIMUM INCOME RANGE : $107,400

Income % Distribution
<$20K 51.0%
$20K-$35K 15.7%
$35K-$60K 17.2%
$60K-$100K 9.1%
>=$100K 7.1%
COMMUTE TIME DISTRIBUTION

81% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.7%
10-14 mins 5.1%
15-19 mins 15.9%
20-29 mins 15.3%
30-44 mins 49.4%
45-59 mins 1.7%
>60 mins 2.8%
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 $2,685 per month.

MY RENT : $2,685 MEDIAN RENT : $1,870

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 $2,685 would therefore be considered affordable for annual household incomes greater than $107,400 (12 months x 3.333 x $2,685).

Rent % Affordability
Above $500 49.0%
Above $700 41.3%
Above $1,100 26.5%
Above $1,500 16.2%
Above $1,900 11.4%
HOUSEHOLD INCOME RANGE

Approximately 8 of households in this neighborhood have a total annual income of $107,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,685 per month.

MINIMUM INCOME RANGE : $107,400

Income % Distribution
<$20K 51.0%
$20K-$35K 15.7%
$35K-$60K 17.2%
$60K-$100K 9.1%
>=$100K 7.1%
COMMUTE TIME DISTRIBUTION

81% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.7%
10-14 mins 5.1%
15-19 mins 15.9%
20-29 mins 15.3%
30-44 mins 49.4%
45-59 mins 1.7%
>60 mins 2.8%

University Gardens Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 17.3%
Construction 8.9%
Educational Services 15.4%
Health Care & Social Assistance 19.2%
Retail & Wholesale Trader 6.1%
Transportation 6.1%
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 8.8%
15-19 6.8%
20-24 20.4%
25-44 39.3%
45-65 14.6%
66+ 10.0%
OCCUPATION

Occupation % Distribution
Clean 22.2%
Healthcare 11.1%
Management, Business, & Financial 10.5%
Natural Resources Maintenance 11.1%
Production & Transportation 8.8%
Sales & Office 9.4%
Other 26.9%
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 4.7%
High School 29.3%
Masters Degree 6.8%
Some College 21.7%
Some High School 20.1%
Other 17.4%

6174 Sw 64th Ter Comps

Sorry, we do not have sufficient data available.

6174 Sw 64th Ter, South Miami, FL 33143 is a single family home of 1,762 sqft. HomeUnion INVESTimateĀ® for 6174 Sw 64th Ter includes a Price Estimate of $475,908 and a Rent Estimate of $2,685. This single family home has 4 bedrooms,2 bathrooms, and was built in 1976. This property has an estimated 15 year annualized Yield of 6.77% and Total Return of 22.20%. The estimated 1 year forecast in home value for 6174 Sw 64th Ter 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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