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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

11747 Gold Parke Ln Gold River, CA 95670

3 Beds 2 Baths 1,743 sqft Built 1994
Last updated:  Dec 26, 2019

INVESTimate

$517,042

$500K - $534K

Price Est.

$2,069

$2.0K - $2.2K

Rent Est.

$563,938  ( +9.07%)   1 YR EST. FORECAST
  
  
  

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11747 Gold Parke Ln PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $296.64
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,743 sqft
  • Baths : 2 Full

11747 Gold Parke Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GOLD RIVER ELEMENTARY SCHOOL Primary Regular 719 27 9
GOLD RIVER ELEMENTARY SCHOOL Middle Regular 719 27 9
RIO AMERICANO HIGH SCHOOL High Magnet 1,603 66 8

GOLD RIVER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 719
  • # of teachers: 27
9
GreatSchools Rating

GOLD RIVER ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 719
  • # of teachers: 27
9
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

Parke Place

  • 65

    POPULATION
  • 28

    HOUSEHOLDS
  • 84.2%

    WHITE COLLAR

Neighborhood : Parke Place

HOUSEHOLDS
28
POPULATION

65

7.1%Renters
92.9%Home Owners
LABOR FORCE

 

84.2%White Collar
15.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

MY RENT : $2,069 MEDIAN RENT : NA

Rent % Distribution
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 $2,069 would therefore be considered affordable for annual household incomes greater than $82,760 (12 months x 3.333 x $2,069).

Rent % Affordability
Above $500 100.0%
Above $700 96.3%
Above $1,100 96.3%
Above $1,500 88.9%
Above $1,900 73.6%
HOUSEHOLD INCOME RANGE

Approximately 18 of households in this neighborhood have a total annual income of $82,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,069 per month.

MINIMUM INCOME RANGE : $82,760

Income % Distribution
<$20K 0.0%
$20K-$35K 3.7%
$35K-$60K 7.4%
$60K-$100K 25.9%
>=$100K 63.0%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 3% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 6.9%
10-14 mins 13.8%
15-19 mins 24.1%
20-29 mins 20.7%
30-44 mins 31.0%
45-59 mins 3.4%
>60 mins 0.0%

Parke Place Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.1%
Financial Industries 9.1%
Health Care & Social Assistance 15.2%
Professional & Scientific Tech Services 15.2%
Public Administration 12.1%
Transportation 6.1%
Other 30.3%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 25% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 12.3%
15-19 6.2%
20-24 6.2%
25-44 7.7%
45-65 43.1%
66+ 24.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.1%
Healthcare 13.6%
Legal 9.1%
Management, Business, & Financial 31.8%
Production & Transportation 4.5%
Sales & Office 13.6%
Other 18.2%
HIGHEST EDUCATION LEVEL

40% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.6%
High School 11.5%
Masters Degree 15.4%
Professional 7.7%
Some College 13.5%
Other 42.3%

11747 Gold Parke Ln Comps

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11747 Gold Parke Ln, Gold River, CA 95670 is a single family home of 1,743 sqft. HomeUnion INVESTimateĀ® for 11747 Gold Parke Ln includes a Price Estimate of $517,042 and a Rent Estimate of $2,069. This single family home has 3 bedrooms,2 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 4.80% and Total Return of 23.12%. The estimated 1 year forecast in home value for 11747 Gold Parke Ln is 9.07%.

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

Nearest zipcodes within 2 miles

  1. 95628