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2023 Promontory Point Ln PROPERTY INFO
FACTS
- Built In 1987
- Price/Sqft : $235.07
CONSTRUCTION
- Beds : 3
- Floor Size : 1,981 sqft
- Baths : 2 Full
2023 Promontory Point Ln SCHOOLS
Financial Details
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Promontory Point
Neighborhood : Promontory Point
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
MY RENT : $2,295 MEDIAN RENT : NA
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 $2,295 would therefore be considered affordable for annual household incomes greater than $91,800 (12 months x 3.333 x $2,295).
HOUSEHOLD INCOME RANGE
Approximately 28 of households in this neighborhood have a total annual income of $91,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,295 per month.
MINIMUM INCOME RANGE : $91,800
COMMUTE TIME DISTRIBUTION
69% of the working population has a commute time of 15 to 44 minutes, 17% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.
Promontory Point Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.4% |
| Educational Services | 7.4% |
| Financial Industries | 22.2% |
| Health Care & Social Assistance | 22.2% |
| Public Administration | 25.9% |
| Retail & Wholesale Trader | 3.7% |
| Other | 11.1% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 12% is 24 or younger and 38% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 8.8% |
| 15-19 | 3.8% |
| 20-24 | 0.0% |
| 25-44 | 10.0% |
| 45-65 | 40.0% |
| 66+ | 37.5% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 10.0% |
| Healthcare | 5.0% |
| Legal | 5.0% |
| Management, Business, & Financial | 35.0% |
| Protect | 15.0% |
| Sales & Office | 20.0% |
| Other | 10.0% |
HIGHEST EDUCATION LEVEL
32% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Doctorate | 6.8% |
| High School | 8.2% |
| Masters Degree | 16.4% |
| Professional | 4.1% |
| Some College | 24.7% |
| Other | 39.7% |
2023 Promontory Point Ln Comps
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2023 Promontory Point Ln, Gold River, CA 95670 is a single family home of 1,981 sqft. HomeUnion INVESTimateĀ® for 2023 Promontory Point Ln includes a Price Estimate of $465,670 and a Rent Estimate of $2,295. This single family home has 3 bedrooms,2 bathrooms, and was built in 1987. This property has an estimated 15 year annualized Yield of 5.91% and Total Return of 27.24%. The estimated 1 year forecast in home value for 2023 Promontory Point Ln is 9.07%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SACRAMENTO County , or the 95670 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
