Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

948 Sw Avenue C Belle Glade, FL 33430

0 Beds 1 Baths 520 sqft Built 1931
Last updated:  Dec 26, 2019

INVESTimate

$60,362

$57.1K - $63.6K

Price Est.

$954

799 - $1.1K

Rent Est.

$65,372  ( +8.3%)   1 YR EST. FORECAST
  
  
  

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

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 4211 Brookhead Trail Houston, TX
    • 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,713 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.02% GROSS YIELD
    • $7,950 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $119,000
    • $37,285
    • $1,390
  • 533 NARROW BROOK DRIVE Indianapolis, IN
    • 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units 4 beds 3 baths ∙ 1,602 Sqft ∙ Built 2007 ∙ 1units
    AVAILABLE
    • 13.93% GROSS YIELD
    • $8,115 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,500
    • $32,912
    • $1,190

948 Sw Avenue C PROPERTY INFO

FACTS
  • Built In 1931
  • Price/Sqft : $116.08
CONSTRUCTION
  • Beds : 0
  • Floor Size : 520 sqft
  • Baths : 1 Full

948 Sw Avenue C SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BELLE GLADE ELEMENTARY SCHOOL Primary Regular 583 48 2
LAKE SHORE MIDDLE SCHOOL Middle Magnet 679 41 2
GLADES CENTRAL COMMUNITY HIGH SCHOOL High Magnet 1,056 64 2

BELLE GLADE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 583
  • # of teachers: 48
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

See Financial Details

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

Already have an account?
Neighborhood

BELLE GLADE

  • 22,313

    POPULATION
  • 7,194

    HOUSEHOLDS
  • 44.0%

    WHITE COLLAR

Neighborhood : BELLE GLADE

HOUSEHOLDS
7,194
POPULATION

22,313

65.6%Renters
34.4%Home Owners
LABOR FORCE

 

44.0%White Collar
56.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $954 per month.

MY RENT : $954 MEDIAN RENT : $1,325

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.3%
$900-999 7.4%
$1,000-1,499 62.5%
>=$1,500 28.8%
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 $954 would therefore be considered affordable for annual household incomes greater than $38,160 (12 months x 3.333 x $954).

Rent % Affordability
Above $500 59.7%
Above $700 47.0%
Above $1,100 30.0%
Above $1,500 17.4%
Above $1,900 12.7%
HOUSEHOLD INCOME RANGE

Approximately 1,811 of households in this neighborhood have a total annual income of $38,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $954 per month.

MINIMUM INCOME RANGE : $38,160

Income % Distribution
<$20K 40.3%
$20K-$35K 20.9%
$35K-$60K 21.4%
$60K-$100K 10.5%
>=$100K 6.9%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 18.9%
10-14 mins 13.0%
15-19 mins 11.7%
20-29 mins 10.9%
30-44 mins 13.0%
45-59 mins 10.5%
>60 mins 13.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 95% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $954 per month.

MY RENT : $954 MEDIAN RENT : $1,325

Rent % Distribution
$500-699 0.0%
$700-899 1.3%
$900-999 7.4%
$1,000-1,499 62.5%
>=$1,500 28.8%
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 $954 would therefore be considered affordable for annual household incomes greater than $38,160 (12 months x 3.333 x $954).

Rent % Affordability
Above $500 59.7%
Above $700 47.0%
Above $1,100 30.0%
Above $1,500 17.4%
Above $1,900 12.7%
HOUSEHOLD INCOME RANGE

Approximately 1,811 of households in this neighborhood have a total annual income of $38,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $954 per month.

MINIMUM INCOME RANGE : $38,160

Income % Distribution
<$20K 40.3%
$20K-$35K 20.9%
$35K-$60K 21.4%
$60K-$100K 10.5%
>=$100K 6.9%
COMMUTE TIME DISTRIBUTION

36% of the working population has a commute time of 15 to 44 minutes, 40% has a commute time of 14 minutes or less and 24% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.1%
5-9 mins 18.9%
10-14 mins 13.0%
15-19 mins 11.7%
20-29 mins 10.9%
30-44 mins 13.0%
45-59 mins 10.5%
>60 mins 13.9%

BELLE GLADE Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 20.5%
Arts & Entertainment 8.5%
Educational Services 8.6%
Health Care & Social Assistance 13.0%
Manufacturing 8.2%
Retail & Wholesale Trader 13.5%
Other 27.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 41% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 23.0%
15-19 7.6%
20-24 9.9%
25-44 23.7%
45-65 24.1%
66+ 11.7%
OCCUPATION

Occupation % Distribution
Clean 7.1%
Healthcare 8.3%
Management, Business, & Financial 8.3%
Natural Resources Maintenance 19.3%
Production & Transportation 13.3%
Sales & Office 21.0%
Other 22.8%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.4%
High School 31.3%
Masters Degree 2.5%
Some College 14.7%
Some High School 38.4%
Other 6.8%

948 Sw Avenue C Comps

Sorry, we do not have sufficient data available.

948 Sw Avenue C, Belle Glade, FL 33430 is a single family home of 520 sqft. HomeUnion INVESTimateĀ® for 948 Sw Avenue C includes a Price Estimate of $60,362 and a Rent Estimate of $954. This single family home has 0 bedrooms,1 bathrooms, and was built in 1931. This property has an estimated 15 year annualized Yield of 18.97% and Total Return of 39.21%. The estimated 1 year forecast in home value for 948 Sw Avenue C 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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Nearest zipcodes within 2 miles

  1. 33480
  2. 33476