212 Lakeside Way PROPERTY INFO
FACTS
- Built In 1936
- Price/Sqft : $124.86
CONSTRUCTION
- Beds : 2
- Floor Size : 1,038 sqft
- Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
212 Lakeside Way, Berry Creek, CA 95916 is a single family home of 1,038 sqft. HomeUnion estimate for 212 Lakeside Way includes a Price Estimate of $129,607 and a Rent Estimate of $969. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1936. This property has an estimated 15 year annualized Yield of 8.97% and Total Return of 21.80%. The estimated 1 year forecast in home value for 212 Lakeside Way is 7.6%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
212 Lakeside Way SCHOOLS
Financial Details
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BERRY CREEK
Neighborhood : BERRY CREEK
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 60% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $969 per month.
MY RENT : $969 MEDIAN RENT : $1,011
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 $969 would therefore be considered affordable for annual household incomes greater than $38,760 (12 months x 3.333 x $969).
HOUSEHOLD INCOME RANGE
Approximately 174 of households in this neighborhood have a total annual income of $38,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $969 per month.
MINIMUM INCOME RANGE : $38,760
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.
BERRY CREEK Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 9.0% |
Construction | 11.9% |
Educational Services | 7.9% |
Health Care & Social Assistance | 16.1% |
Professional & Scientific Tech Services | 8.2% |
Transportation | 7.6% |
Other | 39.3% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 15% is 24 or younger and 29% is 65 or older.
Age | % Distribution |
---|---|
<15 | 7.3% |
15-19 | 3.9% |
20-24 | 3.7% |
25-44 | 19.1% |
45-65 | 37.1% |
66+ | 28.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 6.1% |
Healthcare | 6.1% |
Management, Business, & Financial | 17.6% |
Natural Resources Maintenance | 9.5% |
Production & Transportation | 15.5% |
Sales & Office | 25.0% |
Other | 20.3% |
HIGHEST EDUCATION LEVEL
14% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.0% |
High School | 37.0% |
Masters Degree | 3.2% |
Some College | 26.6% |
Some High School | 15.0% |
Other | 8.2% |
212 Lakeside Way Comps
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