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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

1016 Via Vargas Blvd Wasco, CA 93280

3 Beds 0 Baths 1,693 sqft Built 2016
Last updated:  Jan 23, 2020

INVESTimate

$247,299

$231K - $264K

Price Est.

$1,457

$1.3K - $1.6K

Rent Est.

$260,999  ( +5.54%)   1 YR EST. FORECAST
  
  
  

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1016 Via Vargas Blvd PROPERTY INFO

FACTS
  • Built In 2016
  • Price/Sqft : $146.07
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,693 sqft
  • Baths : 0 Full

1016 Via Vargas Blvd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JOHN L. PRUEITT ELEMENTARY SCHOOL Primary Regular 594 21 3
JOHN L. PRUEITT ELEMENTARY SCHOOL Middle Regular 594 21 3
WASCO HIGH SCHOOL High Regular 1,644 66 6

JOHN L. PRUEITT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 594
  • # of teachers: 21
3
GreatSchools Rating

JOHN L. PRUEITT ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 594
  • # of teachers: 21
3
GreatSchools Rating

WASCO HIGH SCHOOL

  • Education Level: High
  • # of students: 1,644
  • # of teachers: 66
6
GreatSchools Rating
 

Financial Details

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Neighborhood

WASCO

  • 27,500

    POPULATION
  • 5,866

    HOUSEHOLDS
  • 30.2%

    WHITE COLLAR

Neighborhood : WASCO

HOUSEHOLDS
5,866
POPULATION

27,500

46.1%Renters
53.9%Home Owners
LABOR FORCE

 

30.2%White Collar
69.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,457 per month.

MY RENT : $1,457 MEDIAN RENT : $1,235

Rent % Distribution LEVEL
$500-699 0.7%
$700-899 8.9%
$900-999 6.3%
$1,000-1,499 75.6%
>=$1,500 8.4%
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 $1,457 would therefore be considered affordable for annual household incomes greater than $58,280 (12 months x 3.333 x $1,457).

Rent % Affordability
Above $500 76.8%
Above $700 63.7%
Above $1,100 42.0%
Above $1,500 28.3%
Above $1,900 16.6%
HOUSEHOLD INCOME RANGE

Approximately 1,698 of households in this neighborhood have a total annual income of $58,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,457 per month.

MINIMUM INCOME RANGE : $58,280

Income % Distribution
<$20K 23.2%
$20K-$35K 23.9%
$35K-$60K 24.6%
$60K-$100K 20.0%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.2%
5-9 mins 7.5%
10-14 mins 11.9%
15-19 mins 14.8%
20-29 mins 26.7%
30-44 mins 23.2%
45-59 mins 7.5%
>60 mins 5.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,457 per month.

MY RENT : $1,457 MEDIAN RENT : $1,235

Rent % Distribution
$500-699 0.7%
$700-899 8.9%
$900-999 6.3%
$1,000-1,499 75.6%
>=$1,500 8.4%
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 $1,457 would therefore be considered affordable for annual household incomes greater than $58,280 (12 months x 3.333 x $1,457).

Rent % Affordability
Above $500 76.8%
Above $700 63.7%
Above $1,100 42.0%
Above $1,500 28.3%
Above $1,900 16.6%
HOUSEHOLD INCOME RANGE

Approximately 1,698 of households in this neighborhood have a total annual income of $58,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,457 per month.

MINIMUM INCOME RANGE : $58,280

Income % Distribution
<$20K 23.2%
$20K-$35K 23.9%
$35K-$60K 24.6%
$60K-$100K 20.0%
>=$100K 8.3%
COMMUTE TIME DISTRIBUTION

65% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.2%
5-9 mins 7.5%
10-14 mins 11.9%
15-19 mins 14.8%
20-29 mins 26.7%
30-44 mins 23.2%
45-59 mins 7.5%
>60 mins 5.2%

WASCO Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 37.5%
Arts & Entertainment 7.5%
Educational Services 6.3%
Manufacturing 6.3%
Retail & Wholesale Trader 13.2%
Transportation 7.4%
Other 21.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 42% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 22.8%
15-19 7.3%
20-24 11.8%
25-44 33.3%
45-65 18.9%
66+ 5.8%
OCCUPATION

Occupation % Distribution
Clean 3.5%
Healthcare 3.9%
Management, Business, & Financial 6.5%
Natural Resources Maintenance 34.6%
Production & Transportation 20.3%
Sales & Office 16.5%
Other 14.6%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.8%
High School 29.4%
Masters Degree 1.0%
Some College 15.7%
Some High School 46.1%
Other 3.0%

1016 Via Vargas Blvd Comps

Sorry, we do not have sufficient data available.

1016 Via Vargas Blvd, Wasco, CA 93280 is a single family home of 1,693 sqft. HomeUnion INVESTimateĀ® for 1016 Via Vargas Blvd includes a Price Estimate of $247,299 and a Rent Estimate of $1,457. This single family home has 3 bedrooms,0 bathrooms, and was built in 2016. This property has an estimated 15 year annualized Yield of 7.07% and Total Return of 26.67%. The estimated 1 year forecast in home value for 1016 Via Vargas Blvd is 5.54%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , KERN County , or the 93280 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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