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701 Waterview Dr PROPERTY INFO
FACTS
- Built In 1982
- Price/Sqft : $139.40
CONSTRUCTION
- Beds : 3
- Floor Size : 1,500 sqft
- Baths : 2 Full 1 Half
701 Waterview Dr SCHOOLS
Financial Details
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Waterview Estates
Neighborhood : Waterview Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 5% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,621 per month.
MY RENT : $1,621 MEDIAN RENT : $1,376
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 $1,621 would therefore be considered affordable for annual household incomes greater than $64,840 (12 months x 3.333 x $1,621).
HOUSEHOLD INCOME RANGE
Approximately 28 of households in this neighborhood have a total annual income of $64,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,621 per month.
MINIMUM INCOME RANGE : $64,840
COMMUTE TIME DISTRIBUTION
76% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 1% has a commute time of 45 minutes or longer.
Waterview Estates Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 14.7% |
Construction | 8.1% |
Educational Services | 10.7% |
Health Care & Social Assistance | 7.4% |
Manufacturing | 8.8% |
Retail & Wholesale Trader | 17.6% |
Other | 32.7% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 38% is 24 or younger and 4% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.3% |
15-19 | 8.7% |
20-24 | 7.6% |
25-44 | 42.4% |
45-65 | 14.7% |
66+ | 4.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 8.4% |
Healthcare | 7.3% |
Management, Business, & Financial | 8.9% |
Natural Resources Maintenance | 12.6% |
Production & Transportation | 23.0% |
Sales & Office | 32.5% |
Other | 7.3% |
HIGHEST EDUCATION LEVEL
14% 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 | 32.9% |
Masters Degree | 4.8% |
Some College | 19.7% |
Some High School | 24.2% |
Other | 9.3% |
701 Waterview Dr Comps
701 Waterview Dr, Palm Springs, FL 33461 is a single family home of 1,500 sqft. HomeUnion INVESTimateĀ® for 701 Waterview Dr includes a Price Estimate of $209,105 and a Rent Estimate of $1,621. This single family home has 3 bedrooms,3 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 9.30% and Total Return of 46.93%. The estimated 1 year forecast in home value for 701 Waterview Dr is 15.93%.
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