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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

24842 Highway 33 Fellows, CA 93224

3 Beds 1 Baths 1,248 sqft Built 1925
Last updated:  Jan 23, 2020

INVESTimate

$95,908

$91.4K - $100K

Price Est.

$960

887 - $1.0K

Rent Est.

$101,001  ( +5.31%)   1 YR EST. FORECAST
  
  
  

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24842 Highway 33 PROPERTY INFO

FACTS
  • Built In 1925
  • Price/Sqft : $76.85
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,248 sqft
  • Baths : 1 Full

24842 Highway 33 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MIDWAY ELEMENTARY SCHOOL Primary Regular 79 7 5
MIDWAY ELEMENTARY SCHOOL Middle Regular 79 7 5
TAFT UNION HIGH SCHOOL High Regular 960 65 4

MIDWAY ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 79
  • # of teachers: 7
5
GreatSchools Rating

MIDWAY ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 79
  • # of teachers: 7
5
GreatSchools Rating

TAFT UNION HIGH SCHOOL

  • Education Level: High
  • # of students: 960
  • # of teachers: 65
4
GreatSchools Rating
 

Financial Details

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Neighborhood

FELLOWS

  • 501

    POPULATION
  • 169

    HOUSEHOLDS
  • 29.7%

    WHITE COLLAR

Neighborhood : FELLOWS

HOUSEHOLDS
169
POPULATION

501

29.6%Renters
70.4%Home Owners
LABOR FORCE

 

29.7%White Collar
70.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $960 per month.

MY RENT : $960 MEDIAN RENT : $908

Rent % Distribution LEVEL
$500-699 8.3%
$700-899 38.0%
$900-999 13.2%
$1,000-1,499 38.0%
>=$1,500 2.5%
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 $960 would therefore be considered affordable for annual household incomes greater than $38,400 (12 months x 3.333 x $960).

Rent % Affordability
Above $500 77.8%
Above $700 67.1%
Above $1,100 49.1%
Above $1,500 38.9%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 77 of households in this neighborhood have a total annual income of $38,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $960 per month.

MINIMUM INCOME RANGE : $38,400

Income % Distribution
<$20K 22.2%
$20K-$35K 18.6%
$35K-$60K 20.4%
$60K-$100K 21.6%
>=$100K 17.4%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 16.0%
10-14 mins 20.1%
15-19 mins 12.5%
20-29 mins 25.7%
30-44 mins 16.0%
45-59 mins 3.5%
>60 mins 4.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $960 per month.

MY RENT : $960 MEDIAN RENT : $908

Rent % Distribution
$500-699 8.3%
$700-899 38.0%
$900-999 13.2%
$1,000-1,499 38.0%
>=$1,500 2.5%
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 $960 would therefore be considered affordable for annual household incomes greater than $38,400 (12 months x 3.333 x $960).

Rent % Affordability
Above $500 77.8%
Above $700 67.1%
Above $1,100 49.1%
Above $1,500 38.9%
Above $1,900 31.2%
HOUSEHOLD INCOME RANGE

Approximately 77 of households in this neighborhood have a total annual income of $38,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $960 per month.

MINIMUM INCOME RANGE : $38,400

Income % Distribution
<$20K 22.2%
$20K-$35K 18.6%
$35K-$60K 20.4%
$60K-$100K 21.6%
>=$100K 17.4%
COMMUTE TIME DISTRIBUTION

54% of the working population has a commute time of 15 to 44 minutes, 38% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 2.1%
5-9 mins 16.0%
10-14 mins 20.1%
15-19 mins 12.5%
20-29 mins 25.7%
30-44 mins 16.0%
45-59 mins 3.5%
>60 mins 4.2%

FELLOWS Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.9%
Agriculture, Fishing & Game 30.9%
Arts & Entertainment 9.2%
Construction 9.9%
Educational Services 8.6%
Retail & Wholesale Trader 9.9%
Other 23.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 20.0%
15-19 8.2%
20-24 6.0%
25-44 24.0%
45-65 27.9%
66+ 14.0%
OCCUPATION

Occupation % Distribution
Healthcare 3.8%
Management, Business, & Financial 6.7%
Natural Resources Maintenance 32.4%
Production & Transportation 20.0%
Protect 7.6%
Sales & Office 19.0%
Other 10.5%
HIGHEST EDUCATION LEVEL

9% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
Doctorate 0.6%
High School 35.6%
Some College 23.3%
Some High School 26.9%
Other 5.7%

24842 Highway 33 Comps

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24842 Highway 33, Fellows, CA 93224 is a single family home of 1,248 sqft. HomeUnion INVESTimateĀ® for 24842 Highway 33 includes a Price Estimate of $95,908 and a Rent Estimate of $960. This single family home has 3 bedrooms,1 bathrooms, and was built in 1925. This property has an estimated 15 year annualized Yield of 12.01% and Total Return of 27.30%. The estimated 1 year forecast in home value for 24842 Highway 33 is 5.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , KERN County , or the 93224 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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