INVESTimate
$49,233
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
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2425 Sky Dr PROPERTY INFO
FACTS
- Built In 1977
- Price/Sqft : $187.36
CONSTRUCTION
- Beds : 2
- Floor Size : 760 sqft
- Baths : 1 Full
2425 Sky Dr SCHOOLS
Financial Details
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APPLE VALLEY
Neighborhood : APPLE VALLEY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 98% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $953 per month.
MY RENT : $953 MEDIAN RENT : $1,425
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 $953 would therefore be considered affordable for annual household incomes greater than $38,120 (12 months x 3.333 x $953).
HOUSEHOLD INCOME RANGE
Approximately 6,502 of households in this neighborhood have a total annual income of $38,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $953 per month.
MINIMUM INCOME RANGE : $38,120
COMMUTE TIME DISTRIBUTION
47% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.
APPLE VALLEY Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 7.4% |
| Construction | 6.5% |
| Educational Services | 12.2% |
| Health Care & Social Assistance | 13.9% |
| Retail & Wholesale Trader | 18.0% |
| Transportation | 10.5% |
| Other | 31.5% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 35% is 24 or younger and 18% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 19.9% |
| 15-19 | 7.8% |
| 20-24 | 6.9% |
| 25-44 | 22.0% |
| 45-65 | 25.4% |
| 66+ | 18.1% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Construction | 7.7% |
| Healthcare | 7.6% |
| Management, Business, & Financial | 10.5% |
| Natural Resources Maintenance | 13.6% |
| Production & Transportation | 19.0% |
| Sales & Office | 19.6% |
| Other | 22.1% |
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 | 9.3% |
| High School | 31.9% |
| Masters Degree | 4.6% |
| Some College | 27.7% |
| Some High School | 16.0% |
| Other | 10.6% |
2425 Sky Dr Comps
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2425 Sky Dr, Arrow Bear Pk, CA 92308 is a single family home of 760 sqft. HomeUnion INVESTimateĀ® for 2425 Sky Dr includes a Price Estimate of $142,390 and a Rent Estimate of $953. This single family home has 2 bedrooms,1 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 8.03% and Total Return of 29.07%. The estimated 1 year forecast in home value for 2425 Sky Dr is 9.52%.
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 92308 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
