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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

137 Butte Ave Randsburg, CA 93554

1 Beds 1 Baths 528 sqft Built 1933
Last updated:  Jan 23, 2020

INVESTimate

$115,437

$110K - $121K

Price Est.

$664

614 - 714

Rent Est.

$125,422  ( +8.65%)   1 YR EST. FORECAST
  
  
  

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137 Butte Ave PROPERTY INFO

FACTS
  • Built In 1933
  • Price/Sqft : $218.63
CONSTRUCTION
  • Beds : 1
  • Floor Size : 528 sqft
  • Baths : 1 Full

137 Butte Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PIERCE ELEMENTARY SCHOOL Primary Regular 337 13 7
MURRAY MIDDLE SCHOOL Middle Regular 597 29 8
BURROUGHS HIGH SCHOOL High Regular 1,461 63 9

PIERCE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 337
  • # of teachers: 13
7
GreatSchools Rating

MURRAY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 597
  • # of teachers: 29
8
GreatSchools Rating

BURROUGHS HIGH SCHOOL

  • Education Level: High
  • # of students: 1,461
  • # of teachers: 63
9
GreatSchools Rating
 

Financial Details

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Neighborhood

RANDSBURG

  • 67

    POPULATION
  • 57

    HOUSEHOLDS
  • 44.7%

    WHITE COLLAR

Neighborhood : RANDSBURG

HOUSEHOLDS
57
POPULATION

67

17.1%Renters
82.9%Home Owners
LABOR FORCE

 

44.7%White Collar
55.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $664 per month.

MY RENT : $664 MEDIAN RENT : $803

Rent % Distribution LEVEL
$500-699 31.2%
$700-899 25.0%
$900-999 37.5%
$1,000-1,499 6.2%
>=$1,500 0.0%
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 $664 would therefore be considered affordable for annual household incomes greater than $26,560 (12 months x 3.333 x $664).

Rent % Affordability
Above $500 64.9%
Above $700 54.4%
Above $1,100 19.3%
Above $1,500 19.3%
Above $1,900 18.7%
HOUSEHOLD INCOME RANGE

Approximately 169 of households in this neighborhood have a total annual income of $26,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $664 per month.

MINIMUM INCOME RANGE : $26,560

Income % Distribution
<$20K 35.1%
$20K-$35K 28.1%
$35K-$60K 17.5%
$60K-$100K 15.8%
>=$100K 3.5%
COMMUTE TIME DISTRIBUTION

0% of the working population has a commute time of 15 to 44 minutes, 100% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 100.0%
10-14 mins 0.0%
15-19 mins 0.0%
20-29 mins 0.0%
30-44 mins 0.0%
45-59 mins 0.0%
>60 mins 0.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 74% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $664 per month.

MY RENT : $664 MEDIAN RENT : $803

Rent % Distribution
$500-699 31.2%
$700-899 25.0%
$900-999 37.5%
$1,000-1,499 6.2%
>=$1,500 0.0%
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 $664 would therefore be considered affordable for annual household incomes greater than $26,560 (12 months x 3.333 x $664).

Rent % Affordability
Above $500 64.9%
Above $700 54.4%
Above $1,100 19.3%
Above $1,500 19.3%
Above $1,900 18.7%
HOUSEHOLD INCOME RANGE

Approximately 169 of households in this neighborhood have a total annual income of $26,560 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $664 per month.

MINIMUM INCOME RANGE : $26,560

Income % Distribution
<$20K 35.1%
$20K-$35K 28.1%
$35K-$60K 17.5%
$60K-$100K 15.8%
>=$100K 3.5%
COMMUTE TIME DISTRIBUTION

0% of the working population has a commute time of 15 to 44 minutes, 100% has a commute time of 14 minutes or less and 0% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 100.0%
10-14 mins 0.0%
15-19 mins 0.0%
20-29 mins 0.0%
30-44 mins 0.0%
45-59 mins 0.0%
>60 mins 0.0%

RANDSBURG Demographics

INDUSTRY

Industry % Distribution
Manufacturing 0.0%
Professional & Scientific Tech Services 0.0%
Public Administration 100.0%
Real Estate 0.0%
Retail & Wholesale Trader 0.0%
Transportation 0.0%
Other 0.0%
AGE DISTRIBUTION

82% of the population is between the ages of 25 and 64, 9% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 1.5%
15-19 1.5%
20-24 6.0%
25-44 52.2%
45-65 29.9%
66+ 9.0%
OCCUPATION

Occupation % Distribution
Natural Resources Maintenance 0.0%
PCare 0.0%
Production & Transportation 100.0%
Protect 0.0%
Sales & Office 0.0%
Social 0.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.6%
High School 27.9%
Professional 0.0%
Some College 31.1%
Some High School 32.8%
Other 1.6%

137 Butte Ave Comps

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137 Butte Ave, Randsburg, CA 93554 is a single family home of 528 sqft. HomeUnion INVESTimateĀ® for 137 Butte Ave includes a Price Estimate of $115,437 and a Rent Estimate of $664. This single family home has 1 bedrooms,1 bathrooms, and was built in 1933. This property has an estimated 15 year annualized Yield of 6.90% and Total Return of 18.91%. The estimated 1 year forecast in home value for 137 Butte Ave is 8.65%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , KERN County , or the 93554 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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