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161 Royal London Ct PROPERTY INFO
FACTS
- Built In 1998
- Price/Sqft : $495.51
CONSTRUCTION
- Beds : 3
- Floor Size : 2,782 sqft
- Baths : 3 Full
161 Royal London Ct SCHOOLS
Financial Details
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Lake Sherwood
Neighborhood : Lake Sherwood
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $4,421 per month.
MY RENT : $4,421 MEDIAN RENT : $6,625
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 $4,421 would therefore be considered affordable for annual household incomes greater than $176,840 (12 months x 3.333 x $4,421).
HOUSEHOLD INCOME RANGE
Approximately 104 of households in this neighborhood have a total annual income of $176,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,421 per month.
MINIMUM INCOME RANGE : $176,840
COMMUTE TIME DISTRIBUTION
57% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 28% has a commute time of 45 minutes or longer.
Lake Sherwood Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.9% |
Health Care & Social Assistance | 10.1% |
Manufacturing | 12.8% |
Professional & Scientific Tech Services | 20.7% |
Real Estate | 6.9% |
Retail & Wholesale Trader | 8.5% |
Other | 33.0% |
AGE DISTRIBUTION
53% of the population is between the ages of 25 and 64, 26% is 24 or younger and 21% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.2% |
15-19 | 10.5% |
20-24 | 2.8% |
25-44 | 16.6% |
45-65 | 36.3% |
66+ | 20.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Adesm | 7.0% |
Computer Engineering | 4.9% |
Healthcare | 4.4% |
Legal | 4.7% |
Management, Business, & Financial | 47.9% |
Sales & Office | 16.1% |
Other | 15.0% |
HIGHEST EDUCATION LEVEL
30% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 4.4% |
High School | 16.7% |
Masters Degree | 14.0% |
Professional | 8.0% |
Some College | 16.4% |
Other | 40.5% |
161 Royal London Ct Comps
161 Royal London Ct, Lake Sherwood, CA 91361 is a single family home of 2,782 sqft. HomeUnion INVESTimateĀ® for 161 Royal London Ct includes a Price Estimate of $1,378,515 and a Rent Estimate of $4,421. This single family home has 3 bedrooms,3 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 3.85% and Total Return of 18.67%. The estimated 1 year forecast in home value for 161 Royal London Ct is 7.63%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , VENTURA County , or the 91361 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2