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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

1255 Terra Redonda Bradley, CA 93426

5 Beds 3 Baths 758 sqft Built 1970
Last updated:  Dec 26, 2019

INVESTimate

$619,975

$573K - $667K

Price Est.

$2,339

$2.1K - $2.5K

Rent Est.

$633,986  ( +2.26%)   1 YR EST. FORECAST
  
  
  

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1255 Terra Redonda PROPERTY INFO

FACTS
  • Built In 1970
  • Price/Sqft : $817.91
CONSTRUCTION
  • Beds : 5
  • Floor Size : 758 sqft
  • Baths : 3 Full

1255 Terra Redonda SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PASO ROBLES HIGH SCHOOL High Regular 1,982 89 8

PASO ROBLES HIGH SCHOOL

  • Education Level: High
  • # of students: 1,982
  • # of teachers: 89
8
GreatSchools Rating
 

Financial Details

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Neighborhood

BRADLEY

  • 1,786

    POPULATION
  • 558

    HOUSEHOLDS
  • 47.2%

    WHITE COLLAR

Neighborhood : BRADLEY

HOUSEHOLDS
558
POPULATION

1,786

23.9%Renters
76.1%Home Owners
LABOR FORCE

 

47.2%White Collar
52.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,339 per month.

MY RENT : $2,339 MEDIAN RENT : $2,298

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.8%
>=$1,500 98.2%
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 $2,339 would therefore be considered affordable for annual household incomes greater than $93,560 (12 months x 3.333 x $2,339).

Rent % Affordability
Above $500 87.9%
Above $700 79.7%
Above $1,100 63.4%
Above $1,500 53.9%
Above $1,900 50.3%
HOUSEHOLD INCOME RANGE

Approximately 189 of households in this neighborhood have a total annual income of $93,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,339 per month.

MINIMUM INCOME RANGE : $93,560

Income % Distribution
<$20K 12.1%
$20K-$35K 15.0%
$35K-$60K 19.1%
$60K-$100K 21.3%
>=$100K 32.6%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.8%
5-9 mins 25.7%
10-14 mins 9.6%
15-19 mins 16.4%
20-29 mins 13.7%
30-44 mins 9.1%
45-59 mins 5.8%
>60 mins 14.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,339 per month.

MY RENT : $2,339 MEDIAN RENT : $2,298

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 1.8%
>=$1,500 98.2%
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 $2,339 would therefore be considered affordable for annual household incomes greater than $93,560 (12 months x 3.333 x $2,339).

Rent % Affordability
Above $500 87.9%
Above $700 79.7%
Above $1,100 63.4%
Above $1,500 53.9%
Above $1,900 50.3%
HOUSEHOLD INCOME RANGE

Approximately 189 of households in this neighborhood have a total annual income of $93,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,339 per month.

MINIMUM INCOME RANGE : $93,560

Income % Distribution
<$20K 12.1%
$20K-$35K 15.0%
$35K-$60K 19.1%
$60K-$100K 21.3%
>=$100K 32.6%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.8%
5-9 mins 25.7%
10-14 mins 9.6%
15-19 mins 16.4%
20-29 mins 13.7%
30-44 mins 9.1%
45-59 mins 5.8%
>60 mins 14.0%

BRADLEY Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 9.7%
Arts & Entertainment 5.9%
Construction 10.9%
Educational Services 12.5%
Public Administration 18.6%
Retail & Wholesale Trader 22.4%
Other 20.0%
AGE DISTRIBUTION

44% of the population is between the ages of 25 and 64, 40% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 14.1%
15-19 11.4%
20-24 14.6%
25-44 22.8%
45-65 20.7%
66+ 16.5%
OCCUPATION

Occupation % Distribution
Construction 5.1%
Management, Business, & Financial 17.8%
Natural Resources Maintenance 20.2%
Production & Transportation 9.3%
Protect 15.7%
Sales & Office 20.5%
Other 11.4%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.5%
High School 26.1%
Masters Degree 7.5%
Some College 25.4%
Some High School 8.7%
Other 23.7%

1255 Terra Redonda Comps

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1255 Terra Redonda, Bradley, CA 93426 is a single family home of 758 sqft. HomeUnion INVESTimateĀ® for 1255 Terra Redonda includes a Price Estimate of $619,975 and a Rent Estimate of $2,339. This single family home has 5 bedrooms,3 bathrooms, and was built in 1970. This property has an estimated 15 year annualized Yield of 4.53% and Total Return of 9.67%. The estimated 1 year forecast in home value for 1255 Terra Redonda is 2.26%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SAN LUIS OBISPO County , or the 93426 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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