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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

1309 Zinnia Ct Patterson, CA 95363

5 Beds 3 Baths 3,835 sqft Built 2005
Last updated:  Jul 30, 2018

INVESTimate

$426,710

$401K - $452K

Price Est.

$2,063

$1.9K - $2.2K

Rent Est.

$466,693  ( +9.37%)   1 YR EST. FORECAST
  
  
  

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1309 Zinnia Ct PROPERTY INFO

FACTS
  • Built In 2005
  • Price/Sqft : $111.27
CONSTRUCTION
  • Beds : 5
  • Floor Size : 3,835 sqft
  • Baths : 3 Full

1309 Zinnia Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
APRICOT VALLEY ELEMENTARY SCHOOL Primary Regular 833 29 NA
CREEKSIDE MIDDLE SCHOOL Middle Regular 1,185 46 NA
PATTERSON HIGH SCHOOL High Regular 1,622 66 NA

APRICOT VALLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 833
  • # of teachers: 29
-1
GreatSchools Rating

CREEKSIDE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,185
  • # of teachers: 46
-1
GreatSchools Rating

PATTERSON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,622
  • # of teachers: 66
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

Patterson Gardens

  • 2,466

    POPULATION
  • 656

    HOUSEHOLDS
  • 45.7%

    WHITE COLLAR

Neighborhood : Patterson Gardens

HOUSEHOLDS
656
POPULATION

2,466

26.5%Renters
73.5%Home Owners
LABOR FORCE

 

45.7%White Collar
54.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,063 per month.

MY RENT : $2,063 MEDIAN RENT : $2,015

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 6.9%
>=$1,500 93.1%
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 $2,063 would therefore be considered affordable for annual household incomes greater than $82,520 (12 months x 3.333 x $2,063).

Rent % Affordability
Above $500 83.4%
Above $700 83.4%
Above $1,100 75.9%
Above $1,500 58.5%
Above $1,900 50.4%
HOUSEHOLD INCOME RANGE

Approximately 287 of households in this neighborhood have a total annual income of $82,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,063 per month.

MINIMUM INCOME RANGE : $82,520

Income % Distribution
<$20K 16.6%
$20K-$35K 0.0%
$35K-$60K 24.8%
$60K-$100K 17.8%
>=$100K 40.7%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 24.3%
10-14 mins 3.7%
15-19 mins 3.8%
20-29 mins 6.5%
30-44 mins 22.0%
45-59 mins 6.9%
>60 mins 29.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 93% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,063 per month.

MY RENT : $2,063 MEDIAN RENT : $2,015

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 6.9%
>=$1,500 93.1%
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 $2,063 would therefore be considered affordable for annual household incomes greater than $82,520 (12 months x 3.333 x $2,063).

Rent % Affordability
Above $500 83.4%
Above $700 83.4%
Above $1,100 75.9%
Above $1,500 58.5%
Above $1,900 50.4%
HOUSEHOLD INCOME RANGE

Approximately 287 of households in this neighborhood have a total annual income of $82,520 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,063 per month.

MINIMUM INCOME RANGE : $82,520

Income % Distribution
<$20K 16.6%
$20K-$35K 0.0%
$35K-$60K 24.8%
$60K-$100K 17.8%
>=$100K 40.7%
COMMUTE TIME DISTRIBUTION

32% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.1%
5-9 mins 24.3%
10-14 mins 3.7%
15-19 mins 3.8%
20-29 mins 6.5%
30-44 mins 22.0%
45-59 mins 6.9%
>60 mins 29.6%

Patterson Gardens Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.5%
Construction 7.7%
Health Care & Social Assistance 7.7%
Manufacturing 13.8%
Retail & Wholesale Trader 18.8%
Transportation 14.7%
Other 29.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 36% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 23.8%
15-19 7.5%
20-24 5.0%
25-44 32.6%
45-65 22.3%
66+ 8.8%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.3%
Management, Business, & Financial 10.5%
Natural Resources Maintenance 17.2%
Production & Transportation 28.0%
Protect 4.2%
Sales & Office 25.7%
Other 9.1%
HIGHEST EDUCATION LEVEL

8% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 33.0%
Masters Degree 2.0%
Some College 23.8%
Some High School 24.0%
Other 12.1%

1309 Zinnia Ct Comps

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1309 Zinnia Ct, Patterson, CA 95363 is a single family home of 3,835 sqft. HomeUnion INVESTimate® for 1309 Zinnia Ct includes a Price Estimate of $426,710 and a Rent Estimate of $2,063. This single family home has 5 bedrooms,3 bathrooms, and was built in 2005. This property has an estimated 15 year annualized Yield of 5.80% and Total Return of 17.14%. The estimated 1 year forecast in home value for 1309 Zinnia Ct is 9.37%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA, STANISLAUS County, or the 95363 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2