OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
11552 Marissa Way PROPERTY INFO
FACTS
- Built In 2002
- Price/Sqft : $175.63
CONSTRUCTION
- Beds : 5
- Floor Size : 2,788 sqft
- Baths : 3 Full
11552 Marissa Way SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Gold River Station
Neighborhood : Gold River Station
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,554 per month.
MY RENT : $2,554 MEDIAN RENT : $2,226
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 $2,554 would therefore be considered affordable for annual household incomes greater than $102,160 (12 months x 3.333 x $2,554).
HOUSEHOLD INCOME RANGE
Approximately 69 of households in this neighborhood have a total annual income of $102,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,554 per month.
MINIMUM INCOME RANGE : $102,160
COMMUTE TIME DISTRIBUTION
73% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
Gold River Station Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 7.9% |
Arts & Entertainment | 14.4% |
Educational Services | 9.8% |
Health Care & Social Assistance | 9.8% |
Public Administration | 19.3% |
Retail & Wholesale Trader | 9.5% |
Other | 29.3% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 47% is 24 or younger and 0% is 65 or older.
Age | % Distribution |
---|---|
<15 | 30.2% |
15-19 | 7.7% |
20-24 | 8.8% |
25-44 | 24.0% |
45-65 | 29.3% |
66+ | 0.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Education | 6.1% |
Healthcare | 13.7% |
Management, Business, & Financial | 16.8% |
Natural Resources Maintenance | 14.1% |
Protect | 17.2% |
Sales & Office | 17.6% |
Other | 14.5% |
HIGHEST EDUCATION LEVEL
13% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
High School | 9.6% |
Masters Degree | 8.1% |
Professional | 4.9% |
Some College | 27.8% |
Some High School | 15.5% |
Other | 34.1% |
11552 Marissa Way Comps
11552 Marissa Way, Gold River, CA 95670 is a single family home of 2,788 sqft. HomeUnion INVESTimateĀ® for 11552 Marissa Way includes a Price Estimate of $489,665 and a Rent Estimate of $2,554. This single family home has 5 bedrooms,3 bathrooms, and was built in 2002. This property has an estimated 15 year annualized Yield of 6.26% and Total Return of 24.33%. The estimated 1 year forecast in home value for 11552 Marissa Way is 7.35%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SACRAMENTO County , or the 95670 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2