INVESTimate
$746,935
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27 Tulip Ln PROPERTY INFO
FACTS
- Built In 1949
- Price/Sqft : $1,720.54
CONSTRUCTION
- Beds : 4
- Floor Size : 1,613 sqft
- Baths : 2 Full
27 Tulip Ln SCHOOLS
Financial Details
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Duveneck - St. Francis
Neighborhood : Duveneck - St. Francis
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 $6,449 per month.
MY RENT : $6,449 MEDIAN RENT : $6,609
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 $6,449 would therefore be considered affordable for annual household incomes greater than $257,960 (12 months x 3.333 x $6,449).
HOUSEHOLD INCOME RANGE
Approximately -27 of households in this neighborhood have a total annual income of $257,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $6,449 per month.
MINIMUM INCOME RANGE : $257,960
COMMUTE TIME DISTRIBUTION
59% of the working population has a commute time of 15 to 44 minutes, 29% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.
Duveneck - St. Francis Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 5.0% |
| Educational Services | 12.9% |
| Health Care & Social Assistance | 11.4% |
| Information | 10.6% |
| Manufacturing | 14.1% |
| Professional & Scientific Tech Services | 29.9% |
| Other | 16.1% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 33% is 24 or younger and 17% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 22.0% |
| 15-19 | 7.1% |
| 20-24 | 3.8% |
| 25-44 | 21.0% |
| 45-65 | 29.3% |
| 66+ | 16.8% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 4.8% |
| Computer Engineering | 32.5% |
| Construction | 3.9% |
| Healthcare | 6.8% |
| Management, Business, & Financial | 38.7% |
| Sales & Office | 6.3% |
| Other | 7.0% |
HIGHEST EDUCATION LEVEL
59% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 3.9% |
| Doctorate | 14.8% |
| Masters Degree | 30.4% |
| Professional | 9.6% |
| Some College | 7.2% |
| Other | 34.1% |
27 Tulip Ln Comps
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27 Tulip Ln, Palo Alto, CA 94303 is a single family home of 1,613 sqft. HomeUnion INVESTimateĀ® for 27 Tulip Ln includes a Price Estimate of $2,775,225 and a Rent Estimate of $6,449. This single family home has 4 bedrooms,2 bathrooms, and was built in 1949. This property has an estimated 15 year annualized Yield of 2.79% and Total Return of 26.34%. The estimated 1 year forecast in home value for 27 Tulip Ln is 12.46%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SANTA CLARA County , or the 94303 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
