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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

227 S 7th St Patterson, CA 95363

2 Beds 1 Baths 1,370 sqft Built 1960
Last updated:  Jul 30, 2018

INVESTimate

$268,500

$252K - $285K

Price Est.

$1,524

$1.4K - $1.6K

Rent Est.

$293,658  ( +9.37%)   1 YR EST. FORECAST
  
  
  

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227 S 7th St PROPERTY INFO

FACTS
  • Built In 1960
  • Price/Sqft : $195.99
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,370 sqft
  • Baths : 1 Full

227 S 7th St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAS PALMAS ELEMENTARY SCHOOL Primary Regular 593 22 NA
CREEKSIDE MIDDLE SCHOOL Middle Regular 1,185 46 NA
PATTERSON HIGH SCHOOL High Regular 1,622 66 NA

LAS PALMAS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 593
  • # of teachers: 22
-1
GreatSchools Rating

CREEKSIDE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,185
  • # of teachers: 46
-1
GreatSchools Rating

PATTERSON HIGH SCHOOL

  • Education Level: High
  • # of students: 1,622
  • # of teachers: 66
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

Del Puerto

  • 126

    POPULATION
  • 43

    HOUSEHOLDS
  • 15.0%

    WHITE COLLAR

Neighborhood : Del Puerto

HOUSEHOLDS
43
POPULATION

126

40.5%Renters
59.5%Home Owners
LABOR FORCE

 

15.0%White Collar
85.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 36% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,524 per month.

MY RENT : $1,524 MEDIAN RENT : $1,418

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 5.2%
$1,000-1,499 58.6%
>=$1,500 36.2%
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 $1,524 would therefore be considered affordable for annual household incomes greater than $60,960 (12 months x 3.333 x $1,524).

Rent % Affordability
Above $500 95.2%
Above $700 79.0%
Above $1,100 41.9%
Above $1,500 26.2%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 10 of households in this neighborhood have a total annual income of $60,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,524 per month.

MINIMUM INCOME RANGE : $60,960

Income % Distribution
<$20K 4.8%
$20K-$35K 35.7%
$35K-$60K 33.3%
$60K-$100K 4.8%
>=$100K 21.4%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 45% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 36.7%
10-14 mins 4.1%
15-19 mins 10.2%
20-29 mins 14.3%
30-44 mins 20.4%
45-59 mins 0.0%
>60 mins 10.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 36% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,524 per month.

MY RENT : $1,524 MEDIAN RENT : $1,418

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 5.2%
$1,000-1,499 58.6%
>=$1,500 36.2%
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 $1,524 would therefore be considered affordable for annual household incomes greater than $60,960 (12 months x 3.333 x $1,524).

Rent % Affordability
Above $500 95.2%
Above $700 79.0%
Above $1,100 41.9%
Above $1,500 26.2%
Above $1,900 26.0%
HOUSEHOLD INCOME RANGE

Approximately 10 of households in this neighborhood have a total annual income of $60,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,524 per month.

MINIMUM INCOME RANGE : $60,960

Income % Distribution
<$20K 4.8%
$20K-$35K 35.7%
$35K-$60K 33.3%
$60K-$100K 4.8%
>=$100K 21.4%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 45% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.1%
5-9 mins 36.7%
10-14 mins 4.1%
15-19 mins 10.2%
20-29 mins 14.3%
30-44 mins 20.4%
45-59 mins 0.0%
>60 mins 10.2%

Del Puerto Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 4.5%
Construction 4.5%
Educational Services 13.6%
Health Care & Social Assistance 13.6%
Manufacturing 27.3%
Retail & Wholesale Trader 22.7%
Other 13.6%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 45% is 24 or younger and 6% is 65 or older.

Age % Distribution
<15 29.4%
15-19 6.3%
20-24 9.5%
25-44 31.0%
45-65 17.5%
66+ 6.3%
OCCUPATION

Occupation % Distribution
Clean 21.1%
Natural Resources Maintenance 26.3%
Production & Transportation 31.6%
Protect 0.0%
Sales & Office 21.1%
Social 0.0%
Other 0.0%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.5%
High School 33.7%
Professional 0.0%
Some College 29.1%
Some High School 26.7%
Other 0.0%

227 S 7th St Comps

Sorry, we do not have sufficient data available.

227 S 7th St, Patterson, CA 95363 is a single family home of 1,370 sqft. HomeUnion INVESTimate® for 227 S 7th St includes a Price Estimate of $268,500 and a Rent Estimate of $1,524. This single family home has 2 bedrooms,1 bathrooms, and was built in 1960. This property has an estimated 15 year annualized Yield of 6.81% and Total Return of 26.71%. The estimated 1 year forecast in home value for 227 S 7th St is 9.37%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA, STANISLAUS County, or the 95363 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2