INVESTimate
$133,125
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1015 Fawn Ct PROPERTY INFO
FACTS
- Built In 1991
- Price/Sqft : $232.03
CONSTRUCTION
- Beds : 4
- Floor Size : 1,978 sqft
- Baths : 2 Full
1015 Fawn Ct SCHOOLS
Financial Details
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MERCED
Neighborhood : MERCED
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,596 per month.
MY RENT : $1,596 MEDIAN RENT : $1,380
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 $1,596 would therefore be considered affordable for annual household incomes greater than $63,840 (12 months x 3.333 x $1,596).
HOUSEHOLD INCOME RANGE
Approximately 3,517 of households in this neighborhood have a total annual income of $63,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,596 per month.
MINIMUM INCOME RANGE : $63,840
COMMUTE TIME DISTRIBUTION
41% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
MERCED Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.7% |
Construction | 6.7% |
Educational Services | 18.4% |
Health Care & Social Assistance | 12.7% |
Manufacturing | 7.4% |
Retail & Wholesale Trader | 14.5% |
Other | 32.5% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 40% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.2% |
15-19 | 10.3% |
20-24 | 8.5% |
25-44 | 25.1% |
45-65 | 22.4% |
66+ | 12.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 9.8% |
Healthcare | 6.3% |
Management, Business, & Financial | 13.2% |
Natural Resources Maintenance | 12.8% |
Production & Transportation | 12.2% |
Sales & Office | 22.2% |
Other | 23.5% |
HIGHEST EDUCATION LEVEL
22% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.5% |
High School | 23.0% |
Masters Degree | 6.5% |
Some College | 26.9% |
Some High School | 16.0% |
Other | 17.1% |
1015 Fawn Ct Comps
1015 Fawn Ct, Merced, CA 95340 is a single family home of 1,978 sqft. HomeUnion INVESTimateĀ® for 1015 Fawn Ct includes a Price Estimate of $458,962 and a Rent Estimate of $1,596. This single family home has 4 bedrooms,2 bathrooms, and was built in 1991. This property has an estimated 15 year annualized Yield of 4.17% and Total Return of 20.66%. The estimated 1 year forecast in home value for 1015 Fawn Ct is 8.81%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , MERCED County , or the 95340 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2