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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

1844 Oregon St Shasta Lake, CA 96019

3 Beds 1 Baths 978 sqft Built 1956
Last updated:  Jan 23, 2020

INVESTimate

$144,893

$137K - $153K

Price Est.

$1,057

972 - $1.1K

Rent Est.

$159,716  ( +10.23%)   1 YR EST. FORECAST
  
  
  

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1844 Oregon St PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $148.15
CONSTRUCTION
  • Beds : 3
  • Floor Size : 978 sqft
  • Baths : 1 Full

1844 Oregon St SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

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Neighborhood

Shasta Lake

  • 3,059

    POPULATION
  • 1,098

    HOUSEHOLDS
  • 43.9%

    WHITE COLLAR

Neighborhood : Shasta Lake

HOUSEHOLDS
1,098
POPULATION

3,059

45.4%Renters
54.6%Home Owners
LABOR FORCE

 

43.9%White Collar
56.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,057 per month.

MY RENT : $1,057 MEDIAN RENT : $1,116

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 23.7%
$900-999 10.9%
$1,000-1,499 63.4%
>=$1,500 2.1%
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 $1,057 would therefore be considered affordable for annual household incomes greater than $42,280 (12 months x 3.333 x $1,057).

Rent % Affordability
Above $500 71.3%
Above $700 58.3%
Above $1,100 43.5%
Above $1,500 30.0%
Above $1,900 19.4%
HOUSEHOLD INCOME RANGE

Approximately 397 of households in this neighborhood have a total annual income of $42,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,057 per month.

MINIMUM INCOME RANGE : $42,280

Income % Distribution
<$20K 28.7%
$20K-$35K 20.3%
$35K-$60K 21.0%
$60K-$100K 20.7%
>=$100K 9.3%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 12.6%
10-14 mins 15.7%
15-19 mins 30.7%
20-29 mins 20.5%
30-44 mins 6.2%
45-59 mins 3.8%
>60 mins 7.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 58% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,057 per month.

MY RENT : $1,057 MEDIAN RENT : $1,116

Rent % Distribution
$500-699 0.0%
$700-899 23.7%
$900-999 10.9%
$1,000-1,499 63.4%
>=$1,500 2.1%
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 $1,057 would therefore be considered affordable for annual household incomes greater than $42,280 (12 months x 3.333 x $1,057).

Rent % Affordability
Above $500 71.3%
Above $700 58.3%
Above $1,100 43.5%
Above $1,500 30.0%
Above $1,900 19.4%
HOUSEHOLD INCOME RANGE

Approximately 397 of households in this neighborhood have a total annual income of $42,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,057 per month.

MINIMUM INCOME RANGE : $42,280

Income % Distribution
<$20K 28.7%
$20K-$35K 20.3%
$35K-$60K 21.0%
$60K-$100K 20.7%
>=$100K 9.3%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 11% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.0%
5-9 mins 12.6%
10-14 mins 15.7%
15-19 mins 30.7%
20-29 mins 20.5%
30-44 mins 6.2%
45-59 mins 3.8%
>60 mins 7.5%

Shasta Lake Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.7%
Construction 9.3%
Health Care & Social Assistance 21.8%
Manufacturing 8.1%
Public Administration 6.6%
Retail & Wholesale Trader 18.9%
Other 23.6%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 32% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 21.6%
15-19 3.6%
20-24 6.4%
25-44 26.6%
45-65 27.7%
66+ 14.1%
OCCUPATION

Occupation % Distribution
Healthcare 10.4%
Management, Business, & Financial 8.6%
Natural Resources Maintenance 17.9%
Production & Transportation 14.1%
Sales & Office 24.4%
Social 5.5%
Other 19.1%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.2%
High School 29.9%
Masters Degree 1.5%
Some College 36.1%
Some High School 17.0%
Other 6.3%

1844 Oregon St Comps

Sorry, we do not have sufficient data available.

1844 Oregon St, Shasta Lake, CA 96019 is a single family home of 978 sqft. HomeUnion INVESTimateĀ® for 1844 Oregon St includes a Price Estimate of $144,893 and a Rent Estimate of $1,057. This single family home has 3 bedrooms,1 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 8.75% and Total Return of 32.11%. The estimated 1 year forecast in home value for 1844 Oregon St is 10.23%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SHASTA County , or the 96019 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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