14358 Alderwood Rd PROPERTY INFO
FACTS
- Built In 1986
- Price/Sqft : $284.85
CONSTRUCTION
- Beds : 2
- Floor Size : 936 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
14358 Alderwood Rd, Elizabeth Lake, CA 93532 is a single family home of 936 sqft. HomeUnion estimate for 14358 Alderwood Rd includes a Price Estimate of $266,619 and a Rent Estimate of $1,704. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 7.67% and Total Return of 39.59%. The estimated 1 year forecast in home value for 14358 Alderwood Rd is 12.59%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
14358 Alderwood Rd SCHOOLS
Financial Details
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LAKE HUGHES
Neighborhood : LAKE HUGHES
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,704 per month.
MY RENT : $1,704 MEDIAN RENT : $1,902
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 $1,704 would therefore be considered affordable for annual household incomes greater than $68,160 (12 months x 3.333 x $1,704).
HOUSEHOLD INCOME RANGE
Approximately 318 of households in this neighborhood have a total annual income of $68,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,704 per month.
MINIMUM INCOME RANGE : $68,160
COMMUTE TIME DISTRIBUTION
53% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 35% has a commute time of 45 minutes or longer.
LAKE HUGHES Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 8.4% |
Construction | 9.8% |
Health Care & Social Assistance | 9.6% |
Manufacturing | 14.0% |
Professional & Scientific Tech Services | 9.0% |
Transportation | 8.2% |
Other | 41.0% |
AGE DISTRIBUTION
57% of the population is between the ages of 25 and 64, 28% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.7% |
15-19 | 9.4% |
20-24 | 3.8% |
25-44 | 20.6% |
45-65 | 36.2% |
66+ | 15.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.2% |
Management, Business, & Financial | 18.1% |
Natural Resources Maintenance | 13.9% |
PCare | 7.3% |
Production & Transportation | 12.2% |
Sales & Office | 24.1% |
Other | 18.3% |
HIGHEST EDUCATION LEVEL
15% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.5% |
High School | 35.2% |
Masters Degree | 4.3% |
Some College | 29.8% |
Some High School | 8.4% |
Other | 12.8% |
14358 Alderwood Rd Comps
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