Spanish Trace Condominums Eviction Risk: Moderate , Kendall

The severe-burden share is 27%, and it is the single best predictor in this model of a filing that actually reaches judgment. Set annual rent against average income of $48,232 and the ratio lands at 38%, above the conventional 30% ceiling.

80% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. The main counterweight is state political climate at 1.5/10.

On the softer side, supply constraint reads 1.5/10. Adults with no health insurance runs 26.7% against 11.3% nationally.

Running cool, eviction-process difficulty reads 1.9/10. At $1,513 a month, rents run 21% under what the rest of Kendall commands. The poverty rate is 20%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Against the Miami-Dade County average of 4.6, this tract reads riskier for landlords by 0.8 points. That is riskier than roughly 70% of the 84,120 US census tracts in this model.

On the CDC Social Vulnerability Index the tract reads 9/10, which tracks how hard a shock lands on the households already here. Statewide the FL average is 4.1, so this tract runs 1.3 points hotter.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.