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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

23180 Shady Grove Rd Middletown, CA 95461

2 Beds 0 Baths 960 sqft Built 1951
Last updated:  Jan 23, 2020

INVESTimate

$753,342

$698K - $809K

Price Est.

$1,609

$1.4K - $1.8K

Rent Est.

$842,161  ( +11.79%)   1 YR EST. FORECAST
  
  
  

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23180 Shady Grove Rd PROPERTY INFO

FACTS
  • Built In 1951
  • Price/Sqft : $784.73
CONSTRUCTION
  • Beds : 2
  • Floor Size : 960 sqft
  • Baths : 0 Full

23180 Shady Grove Rd SCHOOLS

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Financial Details

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Neighborhood

MIDDLETOWN

  • 3,156

    POPULATION
  • 1,326

    HOUSEHOLDS
  • 52.3%

    WHITE COLLAR

Neighborhood : MIDDLETOWN

HOUSEHOLDS
1,326
POPULATION

3,156

31.2%Renters
68.8%Home Owners
LABOR FORCE

 

52.3%White Collar
47.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,609 per month.

MY RENT : $1,609 MEDIAN RENT : $1,462

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 9.1%
$1,000-1,499 45.6%
>=$1,500 45.3%
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 $1,609 would therefore be considered affordable for annual household incomes greater than $64,360 (12 months x 3.333 x $1,609).

Rent % Affordability
Above $500 76.2%
Above $700 70.1%
Above $1,100 55.6%
Above $1,500 44.3%
Above $1,900 38.0%
HOUSEHOLD INCOME RANGE

Approximately 388 of households in this neighborhood have a total annual income of $64,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,609 per month.

MINIMUM INCOME RANGE : $64,360

Income % Distribution
<$20K 23.8%
$20K-$35K 11.0%
$35K-$60K 20.9%
$60K-$100K 23.3%
>=$100K 21.0%
COMMUTE TIME DISTRIBUTION

42% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 11.9%
10-14 mins 10.7%
15-19 mins 6.1%
20-29 mins 17.7%
30-44 mins 18.4%
45-59 mins 9.5%
>60 mins 23.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 45% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,609 per month.

MY RENT : $1,609 MEDIAN RENT : $1,462

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 9.1%
$1,000-1,499 45.6%
>=$1,500 45.3%
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 $1,609 would therefore be considered affordable for annual household incomes greater than $64,360 (12 months x 3.333 x $1,609).

Rent % Affordability
Above $500 76.2%
Above $700 70.1%
Above $1,100 55.6%
Above $1,500 44.3%
Above $1,900 38.0%
HOUSEHOLD INCOME RANGE

Approximately 388 of households in this neighborhood have a total annual income of $64,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,609 per month.

MINIMUM INCOME RANGE : $64,360

Income % Distribution
<$20K 23.8%
$20K-$35K 11.0%
$35K-$60K 20.9%
$60K-$100K 23.3%
>=$100K 21.0%
COMMUTE TIME DISTRIBUTION

42% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 33% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 11.9%
10-14 mins 10.7%
15-19 mins 6.1%
20-29 mins 17.7%
30-44 mins 18.4%
45-59 mins 9.5%
>60 mins 23.5%

MIDDLETOWN Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 10.4%
Arts & Entertainment 6.7%
Construction 8.2%
Health Care & Social Assistance 17.5%
Manufacturing 5.8%
Transportation 12.3%
Other 39.2%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 24% is 24 or younger and 20% is 65 or older.

Age % Distribution
<15 13.8%
15-19 4.8%
20-24 5.5%
25-44 18.8%
45-65 37.0%
66+ 20.1%
OCCUPATION

Occupation % Distribution
Clean 6.7%
Management, Business, & Financial 21.4%
Natural Resources Maintenance 14.2%
Production & Transportation 11.5%
Protect 7.1%
Sales & Office 17.4%
Other 21.6%
HIGHEST EDUCATION LEVEL

23% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 16.8%
High School 24.1%
Masters Degree 4.7%
Some College 31.0%
Some High School 8.5%
Other 15.0%

23180 Shady Grove Rd Comps

Sorry, we do not have sufficient data available.

23180 Shady Grove Rd, Middletown, CA 95461 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 23180 Shady Grove Rd includes a Price Estimate of $753,342 and a Rent Estimate of $1,609. This single family home has 2 bedrooms,0 bathrooms, and was built in 1951. This property has an estimated 15 year annualized Yield of 2.56% and Total Return of 23.93%. The estimated 1 year forecast in home value for 23180 Shady Grove Rd is 11.79%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , LAKE County , or the 95461 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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