Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1691 Margate Pl PROPERTY INFO
FACTS
- Built In 1968
- Price/Sqft : $377.65
CONSTRUCTION
- Beds : 4
- Floor Size : 2,305 sqft
- Baths : 2 Full
1691 Margate Pl SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
Westlake
Neighborhood : Westlake
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 $4,152 per month.
MY RENT : $4,152 MEDIAN RENT : $4,059
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 $4,152 would therefore be considered affordable for annual household incomes greater than $166,080 (12 months x 3.333 x $4,152).
HOUSEHOLD INCOME RANGE
Approximately 761 of households in this neighborhood have a total annual income of $166,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $4,152 per month.
MINIMUM INCOME RANGE : $166,080
COMMUTE TIME DISTRIBUTION
41% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
Westlake Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 8.6% |
| Financial Industries | 9.4% |
| Health Care & Social Assistance | 8.8% |
| Manufacturing | 9.1% |
| Professional & Scientific Tech Services | 16.7% |
| Retail & Wholesale Trader | 11.6% |
| Other | 35.7% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 27% is 24 or younger and 22% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 14.6% |
| 15-19 | 8.7% |
| 20-24 | 3.6% |
| 25-44 | 19.9% |
| 45-65 | 31.1% |
| 66+ | 22.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 4.8% |
| Computer Engineering | 6.8% |
| Healthcare | 6.1% |
| Management, Business, & Financial | 31.7% |
| Production & Transportation | 5.3% |
| Sales & Office | 27.8% |
| Other | 17.5% |
HIGHEST EDUCATION LEVEL
27% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 7.6% |
| High School | 12.7% |
| Masters Degree | 13.1% |
| Some College | 20.1% |
| Some High School | 7.1% |
| Other | 39.5% |
1691 Margate Pl Comps
Sorry, we do not have sufficient data available.
1691 Margate Pl, Westlake Village, CA 91361 is a single family home of 2,305 sqft. HomeUnion INVESTimateĀ® for 1691 Margate Pl includes a Price Estimate of $870,477 and a Rent Estimate of $4,152. This single family home has 4 bedrooms,2 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 5.72% and Total Return of 21.66%. The estimated 1 year forecast in home value for 1691 Margate Pl is 6.3%.
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
