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1720 Freeman Dr PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $178.72
CONSTRUCTION
- Beds : 3
- Floor Size : 1,958 sqft
- Baths : 2 Full 1 Half
1720 Freeman Dr SCHOOLS
Financial Details
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FRAZIER PARK
Neighborhood : FRAZIER PARK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,782 per month.
MY RENT : $1,782 MEDIAN RENT : $1,340
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 $1,782 would therefore be considered affordable for annual household incomes greater than $71,280 (12 months x 3.333 x $1,782).
HOUSEHOLD INCOME RANGE
Approximately 500 of households in this neighborhood have a total annual income of $71,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,782 per month.
MINIMUM INCOME RANGE : $71,280
COMMUTE TIME DISTRIBUTION
23% of the working population has a commute time of 15 to 44 minutes, 26% has a commute time of 14 minutes or less and 51% has a commute time of 45 minutes or longer.
FRAZIER PARK Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.5% |
Construction | 11.7% |
Educational Services | 6.5% |
Manufacturing | 11.3% |
Retail & Wholesale Trader | 27.1% |
Transportation | 6.2% |
Other | 27.6% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 32% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 23.8% |
15-19 | 4.7% |
20-24 | 3.8% |
25-44 | 22.6% |
45-65 | 28.4% |
66+ | 16.7% |
OCCUPATION
Occupation | % Distribution |
---|---|
Adesm | 4.9% |
Construction | 3.6% |
Management, Business, & Financial | 13.9% |
Natural Resources Maintenance | 14.4% |
Production & Transportation | 15.9% |
Sales & Office | 38.5% |
Other | 8.7% |
HIGHEST EDUCATION LEVEL
12% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 6.7% |
High School | 27.7% |
Masters Degree | 4.0% |
Some College | 35.0% |
Some High School | 10.6% |
Other | 16.2% |
1720 Freeman Dr Comps
1720 Freeman Dr, Pine Mountain Club, CA 93225 is a single family home of 1,958 sqft. HomeUnion INVESTimateĀ® for 1720 Freeman Dr includes a Price Estimate of $349,927 and a Rent Estimate of $1,782. This single family home has 3 bedrooms,3 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 6.11% and Total Return of 27.29%. The estimated 1 year forecast in home value for 1720 Freeman Dr is 9.64%.
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