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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

2331 Panga Pl Gold River, CA 95670

4 Beds 3 Baths 2,307 sqft Built 1999
Last updated:  Nov 28, 2019

INVESTimate

$494,625

$479K - $511K

Price Est.

$2,160

$2.1K - $2.2K

Rent Est.

$530,980  ( +7.35%)   1 YR EST. FORECAST
  
  
  

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2331 Panga Pl PROPERTY INFO

FACTS
  • Built In 1999
  • Price/Sqft : $214.40
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,307 sqft
  • Baths : 3 Full

2331 Panga Pl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
GOLD RIVER ELEMENTARY SCHOOL Primary Regular 719 27 9
GOLD RIVER ELEMENTARY SCHOOL Middle Regular 719 27 9
RIO AMERICANO HIGH SCHOOL High Magnet 1,603 66 8

GOLD RIVER ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 719
  • # of teachers: 27
9
GreatSchools Rating

GOLD RIVER ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 719
  • # of teachers: 27
9
GreatSchools Rating

RIO AMERICANO HIGH SCHOOL

  • Education Level: High
  • # of students: 1,603
  • # of teachers: 66
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Gold River Station

  • 839

    POPULATION
  • 235

    HOUSEHOLDS
  • 60.5%

    WHITE COLLAR

Neighborhood : Gold River Station

HOUSEHOLDS
235
POPULATION

839

32.3%Renters
67.7%Home Owners
LABOR FORCE

 

60.5%White Collar
39.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,160 per month.

MY RENT : $2,160 MEDIAN RENT : $2,226

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,160 would therefore be considered affordable for annual household incomes greater than $86,400 (12 months x 3.333 x $2,160).

Rent % Affordability
Above $500 94.0%
Above $700 94.0%
Above $1,100 83.5%
Above $1,500 75.3%
Above $1,900 62.8%
HOUSEHOLD INCOME RANGE

Approximately 124 of households in this neighborhood have a total annual income of $86,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,160 per month.

MINIMUM INCOME RANGE : $86,400

Income % Distribution
<$20K 6.0%
$20K-$35K 0.0%
$35K-$60K 18.7%
$60K-$100K 26.0%
>=$100K 49.4%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 3.8%
10-14 mins 9.4%
15-19 mins 16.4%
20-29 mins 29.0%
30-44 mins 27.2%
45-59 mins 0.0%
>60 mins 14.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,160 per month.

MY RENT : $2,160 MEDIAN RENT : $2,226

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,160 would therefore be considered affordable for annual household incomes greater than $86,400 (12 months x 3.333 x $2,160).

Rent % Affordability
Above $500 94.0%
Above $700 94.0%
Above $1,100 83.5%
Above $1,500 75.3%
Above $1,900 62.8%
HOUSEHOLD INCOME RANGE

Approximately 124 of households in this neighborhood have a total annual income of $86,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,160 per month.

MINIMUM INCOME RANGE : $86,400

Income % Distribution
<$20K 6.0%
$20K-$35K 0.0%
$35K-$60K 18.7%
$60K-$100K 26.0%
>=$100K 49.4%
COMMUTE TIME DISTRIBUTION

73% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 3.8%
10-14 mins 9.4%
15-19 mins 16.4%
20-29 mins 29.0%
30-44 mins 27.2%
45-59 mins 0.0%
>60 mins 14.2%

Gold River Station Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.9%
Arts & Entertainment 14.4%
Educational Services 9.8%
Health Care & Social Assistance 9.8%
Public Administration 19.3%
Retail & Wholesale Trader 9.5%
Other 29.3%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 47% is 24 or younger and 0% is 65 or older.

Age % Distribution
<15 30.2%
15-19 7.7%
20-24 8.8%
25-44 24.0%
45-65 29.3%
66+ 0.0%
OCCUPATION

Occupation % Distribution
Education 6.1%
Healthcare 13.7%
Management, Business, & Financial 16.8%
Natural Resources Maintenance 14.1%
Protect 17.2%
Sales & Office 17.6%
Other 14.5%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
High School 9.6%
Masters Degree 8.1%
Professional 4.9%
Some College 27.8%
Some High School 15.5%
Other 34.1%

2331 Panga Pl Comps

Sorry, we do not have sufficient data available.

2331 Panga Pl, Gold River, CA 95670 is a single family home of 2,307 sqft. HomeUnion INVESTimateĀ® for 2331 Panga Pl includes a Price Estimate of $494,625 and a Rent Estimate of $2,160. This single family home has 4 bedrooms,3 bathrooms, and was built in 1999. This property has an estimated 15 year annualized Yield of 5.24% and Total Return of 20.78%. The estimated 1 year forecast in home value for 2331 Panga Pl is 7.35%.

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

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