INVESTimate
$40,987
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OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
1749 Crestridge Dr PROPERTY INFO
FACTS
- Built In 1953
- Price/Sqft : $130.91
CONSTRUCTION
- Beds : 2
- Floor Size : 850 sqft
- Baths : 1 Full
1749 Crestridge Dr SCHOOLS
Financial Details
See Financial Details
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Crest Ridge Estates
Neighborhood : Crest Ridge Estates
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 57% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,199 per month.
MY RENT : $1,199 MEDIAN RENT : $1,202
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 $1,199 would therefore be considered affordable for annual household incomes greater than $47,960 (12 months x 3.333 x $1,199).
HOUSEHOLD INCOME RANGE
Approximately 106 of households in this neighborhood have a total annual income of $47,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,199 per month.
MINIMUM INCOME RANGE : $47,960
COMMUTE TIME DISTRIBUTION
50% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 19% has a commute time of 45 minutes or longer.
Crest Ridge Estates Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Administrative Support | 5.6% |
Construction | 8.2% |
Educational Services | 10.0% |
Health Care & Social Assistance | 7.9% |
Manufacturing | 18.8% |
Retail & Wholesale Trader | 22.6% |
Other | 27.0% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 36% is 24 or younger and 18% is 65 or older.
Age | % Distribution |
---|---|
<15 | 20.4% |
15-19 | 8.5% |
20-24 | 7.5% |
25-44 | 24.1% |
45-65 | 21.7% |
66+ | 17.8% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 5.8% |
Healthcare | 6.7% |
Management, Business, & Financial | 6.7% |
Natural Resources Maintenance | 8.0% |
Production & Transportation | 31.2% |
Sales & Office | 33.9% |
Other | 7.6% |
HIGHEST EDUCATION LEVEL
8% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.7% |
Doctorate | 1.0% |
High School | 32.7% |
Some College | 20.1% |
Some High School | 28.0% |
Other | 12.6% |
1749 Crestridge Dr Comps
1749 Crestridge Dr, Garland, TX 75042 is a single family home of 850 sqft. HomeUnion INVESTimate® for 1749 Crestridge Dr includes a Price Estimate of $111,270 and a Rent Estimate of $1,199. This single family home has 2 bedrooms,1 bathrooms, and was built in 1953. This property has an estimated 15 year annualized Yield of 12.93% and Total Return of 30.18%. The estimated 1 year forecast in home value for 1749 Crestridge Dr is 9.35%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in TX, DALLAS County, or the 75042 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2