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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

648 Sw 8th St Belle Glade, FL 33430

0 Beds 1 Baths 864 sqft Built 1959
Last updated:  Jan 23, 2020

INVESTimate

$94,533

$89.6K - $99.5K

Price Est.

$1,001

839 - $1.2K

Rent Est.

$102,379  ( +8.3%)   1 YR EST. FORECAST
  
  
  

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648 Sw 8th St PROPERTY INFO

FACTS
  • Built In 1959
  • Price/Sqft : $109.41
CONSTRUCTION
  • Beds : 0
  • Floor Size : 864 sqft
  • Baths : 1 Full

648 Sw 8th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GLADE VIEW ELEMENTARY SCHOOL Primary Regular 373 26 2
LAKE SHORE MIDDLE SCHOOL Middle Magnet 679 41 2
GLADES CENTRAL COMMUNITY HIGH SCHOOL High Magnet 1,056 64 2

GLADE VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 373
  • # of teachers: 26
2
GreatSchools Rating

LAKE SHORE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 679
  • # of teachers: 41
2
GreatSchools Rating

GLADES CENTRAL COMMUNITY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,056
  • # of teachers: 64
2
GreatSchools Rating
 

Financial Details

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Neighborhood

Belle Glade Gardens

  • 99

    POPULATION
  • 31

    HOUSEHOLDS
  • 30.6%

    WHITE COLLAR

Neighborhood : Belle Glade Gardens

HOUSEHOLDS
31
POPULATION

99

57.6%Renters
42.4%Home Owners
LABOR FORCE

 

30.6%White Collar
69.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,001 per month.

MY RENT : $1,001 MEDIAN RENT : $974

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 8.3%
$900-999 45.8%
$1,000-1,499 37.5%
>=$1,500 8.3%
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 $1,001 would therefore be considered affordable for annual household incomes greater than $40,040 (12 months x 3.333 x $1,001).

Rent % Affordability
Above $500 46.7%
Above $700 39.3%
Above $1,100 16.7%
Above $1,500 10.0%
Above $1,900 3.3%
HOUSEHOLD INCOME RANGE

Approximately 5 of households in this neighborhood have a total annual income of $40,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,001 per month.

MINIMUM INCOME RANGE : $40,040

Income % Distribution
<$20K 53.3%
$20K-$35K 16.7%
$35K-$60K 20.0%
$60K-$100K 6.7%
>=$100K 3.3%
COMMUTE TIME DISTRIBUTION

37% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 14.8%
5-9 mins 18.5%
10-14 mins 11.1%
15-19 mins 18.5%
20-29 mins 0.0%
30-44 mins 18.5%
45-59 mins 11.1%
>60 mins 7.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,001 per month.

MY RENT : $1,001 MEDIAN RENT : $974

Rent % Distribution
$500-699 0.0%
$700-899 8.3%
$900-999 45.8%
$1,000-1,499 37.5%
>=$1,500 8.3%
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 $1,001 would therefore be considered affordable for annual household incomes greater than $40,040 (12 months x 3.333 x $1,001).

Rent % Affordability
Above $500 46.7%
Above $700 39.3%
Above $1,100 16.7%
Above $1,500 10.0%
Above $1,900 3.3%
HOUSEHOLD INCOME RANGE

Approximately 5 of households in this neighborhood have a total annual income of $40,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,001 per month.

MINIMUM INCOME RANGE : $40,040

Income % Distribution
<$20K 53.3%
$20K-$35K 16.7%
$35K-$60K 20.0%
$60K-$100K 6.7%
>=$100K 3.3%
COMMUTE TIME DISTRIBUTION

37% of the working population has a commute time of 15 to 44 minutes, 44% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 14.8%
5-9 mins 18.5%
10-14 mins 11.1%
15-19 mins 18.5%
20-29 mins 0.0%
30-44 mins 18.5%
45-59 mins 11.1%
>60 mins 7.4%

Belle Glade Gardens Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 15.4%
Arts & Entertainment 11.5%
Educational Services 15.4%
Manufacturing 7.7%
Public Administration 19.2%
Retail & Wholesale Trader 15.4%
Other 15.4%
AGE DISTRIBUTION

34% of the population is between the ages of 25 and 64, 53% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 33.3%
15-19 8.1%
20-24 11.1%
25-44 14.1%
45-65 20.2%
66+ 13.1%
OCCUPATION

Occupation % Distribution
Education 10.0%
Management, Business, & Financial 10.0%
Natural Resources Maintenance 20.0%
Production & Transportation 20.0%
Protect 10.0%
Sales & Office 20.0%
Other 10.0%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 2.0%
High School 26.0%
Masters Degree 4.0%
Some College 18.0%
Some High School 46.0%
Other 4.0%

648 Sw 8th St Comps

Sorry, we do not have sufficient data available.

648 Sw 8th St, Belle Glade, FL 33430 is a single family home of 864 sqft. HomeUnion INVESTimateĀ® for 648 Sw 8th St includes a Price Estimate of $94,533 and a Rent Estimate of $1,001. This single family home has 0 bedrooms,1 bathrooms, and was built in 1959. This property has an estimated 15 year annualized Yield of 12.71% and Total Return of 29.85%. The estimated 1 year forecast in home value for 648 Sw 8th St is 8.3%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in FL , PALM BEACH County , or the 33430 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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