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This page contains information about each property aggregated from public data sources, 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.

11562 Prospect Hill Dr Gold River, CA 95670

4 Beds 3 Baths 2,539 sqft Built 1988
Last updated:  Nov 28, 2019

INVESTimate

$612,866

$593K - $633K

Price Est.

$2,516

$2.4K - $2.6K

Rent Est.

$642,774  ( +4.88%)   1 YR EST. FORECAST

11562 Prospect Hill Dr PROPERTY INFO

FACTS
  • Built In 1988
  • Price/Sqft : $241.38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,539 sqft
  • Baths : 3 Full
PROPERTY DESCRIPTION
11562 Prospect Hill Dr, Gold River, CA 95670 is a single family home of 2,539 sqft. HomeUnion estimate for 11562 Prospect Hill Dr includes a Price Estimate of $612,866 and a Rent Estimate of $2,516. This single family home has 4 bedrooms, 3 bathrooms, and was built in 1988. This property has an estimated 15 year annualized Yield of 4.93% and Total Return of 16.14%. The estimated 1 year forecast in home value for 11562 Prospect Hill Dr is 4.88%.
  
  
  

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11562 Prospect Hill Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JOHN BARRETT MIDDLE SCHOOL Middle Regular 877 35 4
RIO AMERICANO HIGH SCHOOL High Magnet 1,603 66 8

JOHN BARRETT MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 877
  • # of teachers: 35
4
GreatSchools Rating

RIO AMERICANO HIGH SCHOOL

  • Education Level: High
  • # of students: 1,603
  • # of teachers: 66
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Gold River

  • 5,386

    POPULATION
  • 2,382

    HOUSEHOLDS
  • 85.5%

    WHITE COLLAR

Neighborhood : Gold River

HOUSEHOLDS
2,382
POPULATION

5,386

15.2%Renters
84.8%Home Owners
LABOR FORCE

 

85.5%White Collar
14.5%Blue Collar
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 $2,516 per month.

MY RENT : $2,516 MEDIAN RENT : $2,515

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,516 would therefore be considered affordable for annual household incomes greater than $100,640 (12 months x 3.333 x $2,516).

Rent % Affordability
Above $500 94.5%
Above $700 89.1%
Above $1,100 83.4%
Above $1,500 77.8%
Above $1,900 67.1%
HOUSEHOLD INCOME RANGE

Approximately 787 of households in this neighborhood have a total annual income of $100,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,516 per month.

MINIMUM INCOME RANGE : $100,640

Income % Distribution
<$20K 5.5%
$20K-$35K 8.5%
$35K-$60K 8.3%
$60K-$100K 22.5%
>=$100K 55.2%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.9%
5-9 mins 6.5%
10-14 mins 16.9%
15-19 mins 19.7%
20-29 mins 22.1%
30-44 mins 22.5%
45-59 mins 3.6%
>60 mins 4.9%
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 $2,516 per month.

MY RENT : $2,516 MEDIAN RENT : $2,515

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,516 would therefore be considered affordable for annual household incomes greater than $100,640 (12 months x 3.333 x $2,516).

Rent % Affordability
Above $500 94.5%
Above $700 89.1%
Above $1,100 83.4%
Above $1,500 77.8%
Above $1,900 67.1%
HOUSEHOLD INCOME RANGE

Approximately 787 of households in this neighborhood have a total annual income of $100,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,516 per month.

MINIMUM INCOME RANGE : $100,640

Income % Distribution
<$20K 5.5%
$20K-$35K 8.5%
$35K-$60K 8.3%
$60K-$100K 22.5%
>=$100K 55.2%
COMMUTE TIME DISTRIBUTION

64% of the working population has a commute time of 15 to 44 minutes, 27% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.9%
5-9 mins 6.5%
10-14 mins 16.9%
15-19 mins 19.7%
20-29 mins 22.1%
30-44 mins 22.5%
45-59 mins 3.6%
>60 mins 4.9%

Gold River Demographics

INDUSTRY

Industry % Distribution
Educational Services 7.5%
Financial Industries 9.4%
Health Care & Social Assistance 17.7%
Manufacturing 7.6%
Professional & Scientific Tech Services 13.4%
Public Administration 16.4%
Other 27.9%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 19% is 24 or younger and 28% is 65 or older.

Age % Distribution
<15 11.2%
15-19 5.5%
20-24 2.6%
25-44 14.0%
45-65 38.9%
66+ 27.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 18.8%
Healthcare 10.6%
Legal 5.4%
Management, Business, & Financial 29.8%
Production & Transportation 5.3%
Sales & Office 13.3%
Other 16.8%
HIGHEST EDUCATION LEVEL

36% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
High School 9.4%
Masters Degree 15.9%
Professional 7.1%
Some College 16.0%
Other 43.7%

11562 Prospect Hill Dr Comps

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