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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

16212 Ponderosa Dr Cobb, CA 95426

3 Beds 0 Baths 936 sqft Built 1961
Last updated:  Dec 26, 2019

INVESTimate

$270,233

$250K - $290K

Price Est.

$1,347

$1.2K - $1.5K

Rent Est.

$305,363  ( +13%)   1 YR EST. FORECAST
  
  
  

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16212 Ponderosa Dr PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $288.71
CONSTRUCTION
  • Beds : 3
  • Floor Size : 936 sqft
  • Baths : 0 Full

16212 Ponderosa Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MIDDLETOWN HIGH SCHOOL High Regular 509 27 8

MIDDLETOWN HIGH SCHOOL

  • Education Level: High
  • # of students: 509
  • # of teachers: 27
8
GreatSchools Rating
 

Financial Details

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Neighborhood

COBB

  • 616

    POPULATION
  • 257

    HOUSEHOLDS
  • 45.1%

    WHITE COLLAR

Neighborhood : COBB

HOUSEHOLDS
257
POPULATION

616

21.8%Renters
78.2%Home Owners
LABOR FORCE

 

45.1%White Collar
54.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,347 per month.

MY RENT : $1,347 MEDIAN RENT : $1,503

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.7%
$900-999 3.0%
$1,000-1,499 44.7%
>=$1,500 50.6%
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 $1,347 would therefore be considered affordable for annual household incomes greater than $53,880 (12 months x 3.333 x $1,347).

Rent % Affordability
Above $500 76.6%
Above $700 73.7%
Above $1,100 64.4%
Above $1,500 51.6%
Above $1,900 39.9%
HOUSEHOLD INCOME RANGE

Approximately 137 of households in this neighborhood have a total annual income of $53,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,347 per month.

MINIMUM INCOME RANGE : $53,880

Income % Distribution
<$20K 23.4%
$20K-$35K 4.7%
$35K-$60K 20.3%
$60K-$100K 29.7%
>=$100K 21.9%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 18.6%
10-14 mins 2.8%
15-19 mins 7.6%
20-29 mins 2.8%
30-44 mins 29.0%
45-59 mins 22.8%
>60 mins 16.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 64% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,347 per month.

MY RENT : $1,347 MEDIAN RENT : $1,503

Rent % Distribution
$500-699 0.0%
$700-899 1.7%
$900-999 3.0%
$1,000-1,499 44.7%
>=$1,500 50.6%
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 $1,347 would therefore be considered affordable for annual household incomes greater than $53,880 (12 months x 3.333 x $1,347).

Rent % Affordability
Above $500 76.6%
Above $700 73.7%
Above $1,100 64.4%
Above $1,500 51.6%
Above $1,900 39.9%
HOUSEHOLD INCOME RANGE

Approximately 137 of households in this neighborhood have a total annual income of $53,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,347 per month.

MINIMUM INCOME RANGE : $53,880

Income % Distribution
<$20K 23.4%
$20K-$35K 4.7%
$35K-$60K 20.3%
$60K-$100K 29.7%
>=$100K 21.9%
COMMUTE TIME DISTRIBUTION

39% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 39% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 18.6%
10-14 mins 2.8%
15-19 mins 7.6%
20-29 mins 2.8%
30-44 mins 29.0%
45-59 mins 22.8%
>60 mins 16.6%

COBB Demographics

INDUSTRY

Industry % Distribution
Construction 11.2%
Educational Services 8.0%
Financial Industries 10.0%
Health Care & Social Assistance 24.5%
Manufacturing 13.7%
Transportation 10.0%
Other 22.5%
AGE DISTRIBUTION

58% of the population is between the ages of 25 and 64, 17% is 24 or younger and 25% is 65 or older.

Age % Distribution
<15 10.1%
15-19 6.2%
20-24 0.8%
25-44 18.2%
45-65 40.3%
66+ 24.5%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.1%
Healthcare 8.1%
Management, Business, & Financial 8.8%
Natural Resources Maintenance 27.2%
Production & Transportation 11.8%
Sales & Office 25.0%
Other 11.0%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 21.2%
High School 23.3%
Masters Degree 3.1%
Some College 24.3%
Some High School 5.6%
Other 22.5%

16212 Ponderosa Dr Comps

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16212 Ponderosa Dr, Cobb, CA 95426 is a single family home of 936 sqft. HomeUnion INVESTimateĀ® for 16212 Ponderosa Dr includes a Price Estimate of $270,233 and a Rent Estimate of $1,347. This single family home has 3 bedrooms,0 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 5.98% and Total Return of 32.34%. The estimated 1 year forecast in home value for 16212 Ponderosa Dr is 13%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , LAKE County , or the 95426 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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