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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

1540 Rockydale Rd Cave Junction, OR 97523

4 Beds 3 Baths 1,152 sqft Built 1982
Last updated:  Nov 28, 2019

INVESTimate

$180,411

$156K - $205K

Price Est.

$1,393

$1.3K - $1.5K

Rent Est.

$192,733  ( +6.83%)   1 YR EST. FORECAST
  
  
  

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1540 Rockydale Rd PROPERTY INFO

FACTS
  • Built In 1982
  • Price/Sqft : $156.61
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,152 sqft
  • Baths : 3 Full

1540 Rockydale Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EVERGREEN ELEMENTARY SCHOOL Primary Regular 414 15 NA
LORNA BYRNE MIDDLE SCHOOL Middle Regular 263 10 NA
ILLINOIS VALLEY HIGH SCHOOL High Regular 369 13 NA

EVERGREEN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 414
  • # of teachers: 15
-1
GreatSchools Rating

LORNA BYRNE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 263
  • # of teachers: 10
-1
GreatSchools Rating

ILLINOIS VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 369
  • # of teachers: 13
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

CAVE JUNCTION

  • 6,501

    POPULATION
  • 2,901

    HOUSEHOLDS
  • 62.2%

    WHITE COLLAR

Neighborhood : CAVE JUNCTION

HOUSEHOLDS
2,901
POPULATION

6,501

32.5%Renters
67.5%Home Owners
LABOR FORCE

 

62.2%White Collar
37.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,393 per month.

MY RENT : $1,393 MEDIAN RENT : $1,372

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 78.8%
>=$1,500 21.2%
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 $1,393 would therefore be considered affordable for annual household incomes greater than $55,720 (12 months x 3.333 x $1,393).

Rent % Affordability
Above $500 67.1%
Above $700 55.1%
Above $1,100 36.8%
Above $1,500 28.4%
Above $1,900 15.9%
HOUSEHOLD INCOME RANGE

Approximately 857 of households in this neighborhood have a total annual income of $55,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,393 per month.

MINIMUM INCOME RANGE : $55,720

Income % Distribution
<$20K 32.9%
$20K-$35K 22.7%
$35K-$60K 16.0%
$60K-$100K 20.5%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

25% of the working population has a commute time of 15 to 44 minutes, 56% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.4%
5-9 mins 30.0%
10-14 mins 14.4%
15-19 mins 2.9%
20-29 mins 7.9%
30-44 mins 14.0%
45-59 mins 6.3%
>60 mins 13.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 38% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,393 per month.

MY RENT : $1,393 MEDIAN RENT : $1,372

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 78.8%
>=$1,500 21.2%
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 $1,393 would therefore be considered affordable for annual household incomes greater than $55,720 (12 months x 3.333 x $1,393).

Rent % Affordability
Above $500 67.1%
Above $700 55.1%
Above $1,100 36.8%
Above $1,500 28.4%
Above $1,900 15.9%
HOUSEHOLD INCOME RANGE

Approximately 857 of households in this neighborhood have a total annual income of $55,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,393 per month.

MINIMUM INCOME RANGE : $55,720

Income % Distribution
<$20K 32.9%
$20K-$35K 22.7%
$35K-$60K 16.0%
$60K-$100K 20.5%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

25% of the working population has a commute time of 15 to 44 minutes, 56% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.4%
5-9 mins 30.0%
10-14 mins 14.4%
15-19 mins 2.9%
20-29 mins 7.9%
30-44 mins 14.0%
45-59 mins 6.3%
>60 mins 13.0%

CAVE JUNCTION Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.0%
Construction 6.6%
Educational Services 14.6%
Health Care & Social Assistance 18.8%
Manufacturing 11.7%
Retail & Wholesale Trader 10.7%
Other 23.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 22% is 24 or younger and 26% is 65 or older.

Age % Distribution
<15 15.2%
15-19 5.2%
20-24 1.2%
25-44 21.1%
45-65 31.1%
66+ 26.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 9.4%
Construction 8.8%
Healthcare 16.2%
Management, Business, & Financial 21.4%
Natural Resources Maintenance 12.2%
Production & Transportation 13.3%
Other 18.8%
HIGHEST EDUCATION LEVEL

16% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.1%
High School 27.8%
Masters Degree 4.5%
Some College 33.7%
Some High School 12.1%
Other 11.8%

1540 Rockydale Rd Comps

Sorry, we do not have sufficient data available.

1540 Rockydale Rd, Cave Junction, OR 97523 is a single family home of 1,152 sqft. HomeUnion INVESTimateĀ® for 1540 Rockydale Rd includes a Price Estimate of $180,411 and a Rent Estimate of $1,393. This single family home has 4 bedrooms,3 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 9.27% and Total Return of 29.84%. The estimated 1 year forecast in home value for 1540 Rockydale Rd is 6.83%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in OR , JOSEPHINE County , or the 97523 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 97497
  2. 97526
  3. 97527