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2576 Cedar Crest Ct PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $154.00
CONSTRUCTION
- Beds : 4
- Floor Size : 4,039 sqft
- Baths : 4 Full
2576 Cedar Crest Ct SCHOOLS
Financial Details
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MERCED
Neighborhood : MERCED
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,471 per month.
MY RENT : $2,471 MEDIAN RENT : $1,384
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 $2,471 would therefore be considered affordable for annual household incomes greater than $98,840 (12 months x 3.333 x $2,471).
HOUSEHOLD INCOME RANGE
Approximately 2,653 of households in this neighborhood have a total annual income of $98,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,471 per month.
MINIMUM INCOME RANGE : $98,840
COMMUTE TIME DISTRIBUTION
41% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
MERCED Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 7.7% |
Construction | 6.7% |
Educational Services | 18.4% |
Health Care & Social Assistance | 12.7% |
Manufacturing | 7.4% |
Retail & Wholesale Trader | 14.5% |
Other | 32.5% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 40% is 24 or younger and 13% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.2% |
15-19 | 10.3% |
20-24 | 8.5% |
25-44 | 25.1% |
45-65 | 22.4% |
66+ | 12.5% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 9.8% |
Healthcare | 6.3% |
Management, Business, & Financial | 13.2% |
Natural Resources Maintenance | 12.8% |
Production & Transportation | 12.2% |
Sales & Office | 22.2% |
Other | 23.5% |
HIGHEST EDUCATION LEVEL
22% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 10.5% |
High School | 23.0% |
Masters Degree | 6.5% |
Some College | 26.9% |
Some High School | 16.0% |
Other | 17.1% |
2576 Cedar Crest Ct Comps
2576 Cedar Crest Ct, Merced, CA 95340 is a single family home of 4,039 sqft. HomeUnion INVESTimate® for 2576 Cedar Crest Ct includes a Price Estimate of $621,986 and a Rent Estimate of $2,471. This single family home has 4 bedrooms,4 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 4.77% and Total Return of 21.71%. The estimated 1 year forecast in home value for 2576 Cedar Crest Ct is 9.69%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA, MERCED County, or the 95340 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2