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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

15324 Nesthorn Way Pine Mountain Club, CA 93222

3 Beds 2 Baths 2,317 sqft Built 1991
Last updated:  Jan 23, 2020

INVESTimate

$356,105

$339K - $373K

Price Est.

$1,711

$1.6K - $1.8K

Rent Est.

$375,014  ( +5.31%)   1 YR EST. FORECAST
  
  
  

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15324 Nesthorn Way PROPERTY INFO

FACTS
  • Built In 1991
  • Price/Sqft : $153.69
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,317 sqft
  • Baths : 2 Full

15324 Nesthorn Way SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FRAZIER PARK ELEMENTARY SCHOOL Primary Regular 339 12 2
EL TEJON MIDDLE SCHOOL Middle Unknown NA
FRAZIER MOUNTAIN HIGH SCHOOL High Regular 363 14 6

FRAZIER PARK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 339
  • # of teachers: 12
2
GreatSchools Rating

EL TEJON MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 0
  • # of teachers: 0
-1
GreatSchools Rating

FRAZIER MOUNTAIN HIGH SCHOOL

  • Education Level: High
  • # of students: 363
  • # of teachers: 14
6
GreatSchools Rating
 

Financial Details

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Neighborhood

PINE MOUNTAIN CLUB

  • 158

    POPULATION
  • 61

    HOUSEHOLDS
  • 49.2%

    WHITE COLLAR

Neighborhood : PINE MOUNTAIN CLUB

HOUSEHOLDS
61
POPULATION

158

28.4%Renters
71.6%Home Owners
LABOR FORCE

 

49.2%White Collar
50.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,711 per month.

MY RENT : $1,711 MEDIAN RENT : $1,413

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 2.3%
$900-999 8.5%
$1,000-1,499 45.4%
>=$1,500 43.8%
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 $1,711 would therefore be considered affordable for annual household incomes greater than $68,440 (12 months x 3.333 x $1,711).

Rent % Affordability
Above $500 82.3%
Above $700 70.0%
Above $1,100 53.9%
Above $1,500 43.5%
Above $1,900 30.3%
HOUSEHOLD INCOME RANGE

Approximately 17 of households in this neighborhood have a total annual income of $68,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,711 per month.

MINIMUM INCOME RANGE : $68,440

Income % Distribution
<$20K 17.7%
$20K-$35K 19.4%
$35K-$60K 19.4%
$60K-$100K 22.6%
>=$100K 21.0%
COMMUTE TIME DISTRIBUTION

34% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 14.9%
10-14 mins 10.6%
15-19 mins 8.5%
20-29 mins 2.1%
30-44 mins 23.4%
45-59 mins 4.3%
>60 mins 36.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 44% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,711 per month.

MY RENT : $1,711 MEDIAN RENT : $1,413

Rent % Distribution
$500-699 0.0%
$700-899 2.3%
$900-999 8.5%
$1,000-1,499 45.4%
>=$1,500 43.8%
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 $1,711 would therefore be considered affordable for annual household incomes greater than $68,440 (12 months x 3.333 x $1,711).

Rent % Affordability
Above $500 82.3%
Above $700 70.0%
Above $1,100 53.9%
Above $1,500 43.5%
Above $1,900 30.3%
HOUSEHOLD INCOME RANGE

Approximately 17 of households in this neighborhood have a total annual income of $68,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,711 per month.

MINIMUM INCOME RANGE : $68,440

Income % Distribution
<$20K 17.7%
$20K-$35K 19.4%
$35K-$60K 19.4%
$60K-$100K 22.6%
>=$100K 21.0%
COMMUTE TIME DISTRIBUTION

34% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 14.9%
10-14 mins 10.6%
15-19 mins 8.5%
20-29 mins 2.1%
30-44 mins 23.4%
45-59 mins 4.3%
>60 mins 36.2%

PINE MOUNTAIN CLUB Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 17.0%
Construction 11.3%
Educational Services 7.5%
Manufacturing 9.4%
Retail & Wholesale Trader 13.2%
Transportation 7.5%
Other 34.0%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 35% is 24 or younger and 16% is 65 or older.

Age % Distribution
<15 22.2%
15-19 6.3%
20-24 6.3%
25-44 20.9%
45-65 28.5%
66+ 15.8%
OCCUPATION

Occupation % Distribution
Clean 6.1%
Construction 6.1%
Management, Business, & Financial 12.1%
Natural Resources Maintenance 18.2%
Production & Transportation 24.2%
Sales & Office 24.2%
Other 9.1%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.2%
High School 32.1%
Masters Degree 2.8%
Some College 27.5%
Some High School 12.8%
Other 15.6%

15324 Nesthorn Way Comps

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15324 Nesthorn Way, Pine Mountain Club, CA 93222 is a single family home of 2,317 sqft. HomeUnion INVESTimateĀ® for 15324 Nesthorn Way includes a Price Estimate of $356,105 and a Rent Estimate of $1,711. This single family home has 3 bedrooms,2 bathrooms, and was built in 1991. This property has an estimated 15 year annualized Yield of 5.77% and Total Return of 16.46%. The estimated 1 year forecast in home value for 15324 Nesthorn Way is 5.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , KERN County , or the 93222 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

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  6. 93314