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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

23690 Lake Dr Quail Valley, CA 92587

2 Beds 1 Baths 630 sqft Built 1952
Last updated:  Dec 26, 2019

INVESTimate

$169,002

$161K - $177K

Price Est.

$1,282

$1.2K - $1.4K

Rent Est.

$193,710  ( +14.62%)   1 YR EST. FORECAST
  
  
  

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23690 Lake Dr PROPERTY INFO

FACTS
  • Built In 1952
  • Price/Sqft : $268.26
CONSTRUCTION
  • Beds : 2
  • Floor Size : 630 sqft
  • Baths : 1 Full

23690 Lake Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
QUAIL VALLEY ELEMENTARY SCHOOL Primary Regular 564 24 5
HANS CHRISTENSEN MIDDLE SCHOOL Middle Regular 863 35 6
PALOMA VALLEY HIGH SCHOOL High Regular 2,694 93 8

QUAIL VALLEY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 564
  • # of teachers: 24
5
GreatSchools Rating

HANS CHRISTENSEN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 863
  • # of teachers: 35
6
GreatSchools Rating

PALOMA VALLEY HIGH SCHOOL

  • Education Level: High
  • # of students: 2,694
  • # of teachers: 93
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Quail Valley

  • 6,570

    POPULATION
  • 1,733

    HOUSEHOLDS
  • 42.8%

    WHITE COLLAR

Neighborhood : Quail Valley

HOUSEHOLDS
1,733
POPULATION

6,570

26.7%Renters
73.3%Home Owners
LABOR FORCE

 

42.8%White Collar
57.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,282 per month.

MY RENT : $1,282 MEDIAN RENT : $1,705

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 32.4%
>=$1,500 67.6%
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 $1,282 would therefore be considered affordable for annual household incomes greater than $51,280 (12 months x 3.333 x $1,282).

Rent % Affordability
Above $500 86.4%
Above $700 78.4%
Above $1,100 64.6%
Above $1,500 51.4%
Above $1,900 35.2%
HOUSEHOLD INCOME RANGE

Approximately 946 of households in this neighborhood have a total annual income of $51,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,282 per month.

MINIMUM INCOME RANGE : $51,280

Income % Distribution
<$20K 13.6%
$20K-$35K 13.3%
$35K-$60K 21.7%
$60K-$100K 35.1%
>=$100K 16.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 3.3%
10-14 mins 5.1%
15-19 mins 7.8%
20-29 mins 26.4%
30-44 mins 24.9%
45-59 mins 8.2%
>60 mins 24.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 82% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,282 per month.

MY RENT : $1,282 MEDIAN RENT : $1,705

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 32.4%
>=$1,500 67.6%
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 $1,282 would therefore be considered affordable for annual household incomes greater than $51,280 (12 months x 3.333 x $1,282).

Rent % Affordability
Above $500 86.4%
Above $700 78.4%
Above $1,100 64.6%
Above $1,500 51.4%
Above $1,900 35.2%
HOUSEHOLD INCOME RANGE

Approximately 946 of households in this neighborhood have a total annual income of $51,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,282 per month.

MINIMUM INCOME RANGE : $51,280

Income % Distribution
<$20K 13.6%
$20K-$35K 13.3%
$35K-$60K 21.7%
$60K-$100K 35.1%
>=$100K 16.3%
COMMUTE TIME DISTRIBUTION

59% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 32% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.3%
5-9 mins 3.3%
10-14 mins 5.1%
15-19 mins 7.8%
20-29 mins 26.4%
30-44 mins 24.9%
45-59 mins 8.2%
>60 mins 24.1%

Quail Valley Demographics

INDUSTRY

Industry % Distribution
Administrative Support 10.6%
Arts & Entertainment 15.4%
Construction 11.5%
Health Care & Social Assistance 8.3%
Manufacturing 7.3%
Retail & Wholesale Trader 19.3%
Other 27.6%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 41% is 24 or younger and 7% is 65 or older.

Age % Distribution
<15 22.9%
15-19 8.4%
20-24 9.9%
25-44 28.2%
45-65 23.0%
66+ 7.5%
OCCUPATION

Occupation % Distribution
Clean 12.6%
Management, Business, & Financial 9.7%
Natural Resources Maintenance 15.7%
Production & Transportation 16.7%
Protect 4.6%
Sales & Office 21.2%
Other 19.6%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.7%
High School 32.6%
Masters Degree 3.3%
Some College 24.3%
Some High School 19.8%
Other 9.3%

23690 Lake Dr Comps

Sorry, we do not have sufficient data available.

23690 Lake Dr, Quail Valley, CA 92587 is a single family home of 630 sqft. HomeUnion INVESTimateĀ® for 23690 Lake Dr includes a Price Estimate of $169,002 and a Rent Estimate of $1,282. This single family home has 2 bedrooms,1 bathrooms, and was built in 1952. This property has an estimated 15 year annualized Yield of 9.10% and Total Return of 43.41%. The estimated 1 year forecast in home value for 23690 Lake Dr is 14.62%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , RIVERSIDE County , or the 92587 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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