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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

22993 Oak Ln Valley Of Enchantment, CA 92325

2 Beds 1 Baths 930 sqft Built 1924
Last updated:  Jan 23, 2020

INVESTimate

$162,802

$157K - $169K

Price Est.

$1,141

$1.0K - $1.2K

Rent Est.

$178,659  ( +9.74%)   1 YR EST. FORECAST
  
  
  

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22993 Oak Ln PROPERTY INFO

FACTS
  • Built In 1924
  • Price/Sqft : $175.06
CONSTRUCTION
  • Beds : 2
  • Floor Size : 930 sqft
  • Baths : 1 Full

22993 Oak Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VALLEY OF ENCHANTMENT ELEMENTARY SCHOOL Primary Regular 524 23 4
MARY PUTNAM HENCK INTERMEDIATE SCHOOL Middle Regular 949 37 4
RIM OF THE WORLD HIGH SCHOOL High Regular 1,306 55 6

VALLEY OF ENCHANTMENT ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 524
  • # of teachers: 23
4
GreatSchools Rating

MARY PUTNAM HENCK INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 949
  • # of teachers: 37
4
GreatSchools Rating

RIM OF THE WORLD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,306
  • # of teachers: 55
6
GreatSchools Rating
 

Financial Details

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Neighborhood

CRESTLINE

  • 8,650

    POPULATION
  • 3,484

    HOUSEHOLDS
  • 65.2%

    WHITE COLLAR

Neighborhood : CRESTLINE

HOUSEHOLDS
3,484
POPULATION

8,650

37.2%Renters
62.8%Home Owners
LABOR FORCE

 

65.2%White Collar
34.8%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,141 per month.

MY RENT : $1,141 MEDIAN RENT : $1,433

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.0%
$900-999 3.4%
$1,000-1,499 55.8%
>=$1,500 39.8%
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 $1,141 would therefore be considered affordable for annual household incomes greater than $45,640 (12 months x 3.333 x $1,141).

Rent % Affordability
Above $500 81.6%
Above $700 73.4%
Above $1,100 57.8%
Above $1,500 46.0%
Above $1,900 36.5%
HOUSEHOLD INCOME RANGE

Approximately 1,776 of households in this neighborhood have a total annual income of $45,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,141 per month.

MINIMUM INCOME RANGE : $45,640

Income % Distribution
<$20K 18.4%
$20K-$35K 15.1%
$35K-$60K 20.5%
$60K-$100K 22.8%
>=$100K 23.2%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 7.2%
10-14 mins 5.6%
15-19 mins 12.1%
20-29 mins 8.5%
30-44 mins 27.3%
45-59 mins 23.0%
>60 mins 14.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 80% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,141 per month.

MY RENT : $1,141 MEDIAN RENT : $1,433

Rent % Distribution
$500-699 0.0%
$700-899 1.0%
$900-999 3.4%
$1,000-1,499 55.8%
>=$1,500 39.8%
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 $1,141 would therefore be considered affordable for annual household incomes greater than $45,640 (12 months x 3.333 x $1,141).

Rent % Affordability
Above $500 81.6%
Above $700 73.4%
Above $1,100 57.8%
Above $1,500 46.0%
Above $1,900 36.5%
HOUSEHOLD INCOME RANGE

Approximately 1,776 of households in this neighborhood have a total annual income of $45,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,141 per month.

MINIMUM INCOME RANGE : $45,640

Income % Distribution
<$20K 18.4%
$20K-$35K 15.1%
$35K-$60K 20.5%
$60K-$100K 22.8%
>=$100K 23.2%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 15% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 7.2%
10-14 mins 5.6%
15-19 mins 12.1%
20-29 mins 8.5%
30-44 mins 27.3%
45-59 mins 23.0%
>60 mins 14.3%

CRESTLINE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.4%
Construction 10.1%
Educational Services 8.8%
Health Care & Social Assistance 9.3%
Retail & Wholesale Trader 16.9%
Transportation 8.1%
Other 34.5%
AGE DISTRIBUTION

57% of the population is between the ages of 25 and 64, 29% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 17.2%
15-19 5.5%
20-24 5.9%
25-44 23.5%
45-65 33.4%
66+ 14.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.6%
Healthcare 8.3%
Management, Business, & Financial 19.6%
Natural Resources Maintenance 12.9%
Production & Transportation 8.9%
Sales & Office 27.9%
Other 16.7%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 13.2%
High School 25.1%
Masters Degree 6.3%
Some College 33.0%
Some High School 7.1%
Other 15.3%

22993 Oak Ln Comps

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22993 Oak Ln, Valley Of Enchantment, CA 92325 is a single family home of 930 sqft. HomeUnion INVESTimateĀ® for 22993 Oak Ln includes a Price Estimate of $162,802 and a Rent Estimate of $1,141. This single family home has 2 bedrooms,1 bathrooms, and was built in 1924. This property has an estimated 15 year annualized Yield of 8.41% and Total Return of 30.17%. The estimated 1 year forecast in home value for 22993 Oak Ln is 9.74%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SAN BERNARDINO County , or the 92325 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

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