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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

7521 Sw 64th Ct South Miami, FL 33143

2 Beds 1 Baths 1,035 sqft Built 1948
Last updated:  Jan 23, 2020

INVESTimate

$393,279

$376K - $410K

Price Est.

$2,543

$2.3K - $2.8K

Rent Est.

$416,522  ( +5.91%)   1 YR EST. FORECAST
  
  
  

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7521 Sw 64th Ct PROPERTY INFO

FACTS
  • Built In 1948
  • Price/Sqft : $379.98
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,035 sqft
  • Baths : 1 Full

7521 Sw 64th Ct 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

Lawrence Terrace

  • 34

    POPULATION
  • 13

    HOUSEHOLDS
  • 84.7%

    WHITE COLLAR

Neighborhood : Lawrence Terrace

HOUSEHOLDS
13
POPULATION

34

16.7%Renters
83.3%Home Owners
LABOR FORCE

 

84.7%White Collar
15.3%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 $2,543 per month.

MY RENT : $2,543 MEDIAN RENT : $3,449

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 $2,543 would therefore be considered affordable for annual household incomes greater than $101,720 (12 months x 3.333 x $2,543).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 90.9%
Above $1,500 90.9%
Above $1,900 71.6%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $101,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,543 per month.

MINIMUM INCOME RANGE : $101,720

Income % Distribution
<$20K 0.0%
$20K-$35K 0.0%
$35K-$60K 9.1%
$60K-$100K 45.5%
>=$100K 45.5%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 11.8%
10-14 mins 11.8%
15-19 mins 0.0%
20-29 mins 41.2%
30-44 mins 17.6%
45-59 mins 17.6%
>60 mins 0.0%
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 $2,543 per month.

MY RENT : $2,543 MEDIAN RENT : $3,449

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 $2,543 would therefore be considered affordable for annual household incomes greater than $101,720 (12 months x 3.333 x $2,543).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 90.9%
Above $1,500 90.9%
Above $1,900 71.6%
HOUSEHOLD INCOME RANGE

Approximately 3 of households in this neighborhood have a total annual income of $101,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,543 per month.

MINIMUM INCOME RANGE : $101,720

Income % Distribution
<$20K 0.0%
$20K-$35K 0.0%
$35K-$60K 9.1%
$60K-$100K 45.5%
>=$100K 45.5%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 18% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 11.8%
10-14 mins 11.8%
15-19 mins 0.0%
20-29 mins 41.2%
30-44 mins 17.6%
45-59 mins 17.6%
>60 mins 0.0%

Lawrence Terrace Demographics

INDUSTRY

Industry % Distribution
Educational Services 23.5%
Health Care & Social Assistance 11.8%
Manufacturing 5.9%
Professional & Scientific Tech Services 23.5%
Retail & Wholesale Trader 5.9%
Transportation 5.9%
Other 23.5%
AGE DISTRIBUTION

62% of the population is between the ages of 25 and 64, 21% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 14.7%
15-19 0.0%
20-24 5.9%
25-44 26.5%
45-65 35.3%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Construction 14.3%
Healthcare 14.3%
Management, Business, & Financial 42.9%
Natural Resources Maintenance 7.1%
Sales & Office 21.4%
Social 0.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

21% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.1%
High School 25.0%
Masters Degree 7.1%
Some College 10.7%
Some High School 7.1%
Other 42.9%

7521 Sw 64th Ct Comps

Sorry, we do not have sufficient data available.

7521 Sw 64th Ct, South Miami, FL 33143 is a single family home of 1,035 sqft. HomeUnion INVESTimateĀ® for 7521 Sw 64th Ct includes a Price Estimate of $393,279 and a Rent Estimate of $2,543. This single family home has 2 bedrooms,1 bathrooms, and was built in 1948. This property has an estimated 15 year annualized Yield of 7.76% and Total Return of 23.07%. The estimated 1 year forecast in home value for 7521 Sw 64th Ct 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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