1415 S Kingsway Rd, Seffner
Hillsborough County Real Estate - Seffner
Seffner is in the Tampa Bay region of Florida. It's population as recorded in the 2010 Census was 7,579. Seffner is approximately 11 miles from Tampa (population 335,709) and around 27 miles from Saint Petersburg (population 244,769).
The median age for residents of Seffner is 37.4. Around 38.6% of Seffner households include school aged children and 21.3% of households include individuals aged 65 years or over. Census records indicate 76.5% of the Seffner population are White, 13.2% are Black or African American, .4% American Indian, 3.8% Asian and 2.7% are Two or more Races.
There are 2,919 housing units in Seffner. 210 (7.1%) of these were reported as vacant in the 2010 Census. There are 618 residential rental units in Seffner. 558 of them were occupied in 2010 providing a residential rental vacancy rate of 9.2%.
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Hillsborough County
Hillsborough County is in the Tampa Bay region of Florida, along with Citrus, Hernando, Pasco, Pinellas, Polk, Manatee, and Sarasota counties. Tampa, one of Florida's largest cities, is part of Hillsborough County. Over 1.2 million people live in Hillsborough County.
Hillsborough County has the 6th largest school district in the country, employing approximately 25,000 people. Other major public employers are MacDill Air Force Base, Hillsborough County Government, University of South Florida, and Hillsborough Community College. The largest private sector employers are JP Morgan Chase, H. Lee Moffitt Cancer Center & Research Institute, Citi, Pricewaterhouse Coopers, and Progressive Insurance. Target industries are applied medicine & human performance, high-tech electronics and instruments, business, financial & data services, and marine & environmental activities.
Busch Gardens, one of Florida's main theme parks, is in Tampa and attracts many tourists. Tourists also visit historic Tampa neighborhood of Ybor City, once a cigar factory district, now a National Historic Landmark. Many tourists also flow through the Port of Tampa, which handles about a million cruise passengers each year. Not just for tourists, the port is busiest in the state for cargo, with large quantities of phosphates and steel flowing through it.
Located just outside of Tampa is MacDill Air Force Base, the headquarters for U.S. Central Command and the Special Operations Command. When hurricanes threaten the Atlantic coast, ?hurricane hunter? planes takeoff from MacDill to fly into the storm and take measurements. MacDill employs more than 14,000 and has an estimated impact of $5 billion.
Tampa is ranked by the Globalization and World Cities Research Network as a Gamma+ class city. In 2014 it was ranked as the number two city in the nation for investing in rental properties by All Property Management.
Neighboring Properties
Address | Type | Sq Ft | Class | |
---|---|---|---|---|
104 Magnolia Av | Single Family | 1,765 | B | |
102 Magnolia Av | Single Family | 1,585 | B | |
106 Magnolia Av | Single Family | 1,202 | B | |
1426 S Kings Way Rd | Community Shopping Center | 7,210 | B | |
111 Seffner Av | Single Family | 1,670 | B | |
108 Magnolia Av | Single Family | 1,370 | B | |
1431 S Kingsway Rd | Federal Owned | 8,376 | B | |
105 Magnolia Av | Single Family | 1,377 | B | |
103 Magnolia Av | Single Family | 1,759 | B | |
110 Magnolia Av | Single Family | 1,260 | B | |
101 Magnolia Av | Single Family | 1,296 | B | |
107 Magnolia Av | Single Family | 1,404 | B | |
109 Magnolia Av | Single Family | 1,342 | B | |
112 Magnolia Av | Single Family | 1,367 | B | |
202 E Dr Martin Luther King Jr Blvd | Vacant Commercial | 0 | L | |
1416 Florida Av | Mixed use - store and office or store and residential or residential combination | 1,398 | B | |
1412 Florida Av | Vacant Commercial | 0 | L | |
106 Euclid Av | Single Family | 1,570 | B | |
104 Euclid Av | Single Family | 1,559 | B | |
102 Euclid Av | Single Family | 1,933 | B | |
111 Magnolia Av | Single Family | 1,569 | B | |
108 Euclid Av | Single Family | 1,456 | B | |
121 Seffner Av | Single Family | 3,206 | B | |
114 Magnolia Av | Single Family | 1,246 | B | |
110 Euclid Av | Single Family | 1,801 | B |
Local Household Income
The median household income in this part of Florida is $62,971. The bottom 10% of the population earn less than $20,087 per year. The top 10% earn more than $143,996 per year. The top 1% earn more than $388,913 per year. Most renters earn between $34,980 (20th percentile) and $57,372 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $125,942 and $157,428.
The tax assessed value of this property places it in percentile 30 of all properties in this area. This suggests it would appeal to someone earning around $41,247 per year who should qualify for a mortgage between $82,494 and $103,118.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,031. Most renters earn between $2,915 and $4,781 per month. They typically spend 30% of their monthly income on rent. Most rents fall in the $820 (20th percentile) to $1,325 (80th percentile) range. The residential vacancy rate is 6%.
This property falls in percentile 30 of all properties in this area. This corresponds to a rent of $894 per month and a monthly household income of $3,191 ($38,292 per year)
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