INVESTimate
$67,308
2755 Tallpine Ct PROPERTY INFO
FACTS
- Built In 1992
- Price/Sqft : $208.92
CONSTRUCTION
- Beds : 1
- Floor Size : 1,008 sqft
- Baths : 1 Full
PROPERTY DESCRIPTION
2755 Tallpine Ct, La Porte, CA 95981 is a single family home of 1,008 sqft. HomeUnion estimate for 2755 Tallpine Ct includes a Price Estimate of $210,596 and a Rent Estimate of $877. This single family home has 1 bedrooms, 1 bathrooms, and was built in 1992. This property has an estimated 15 year annualized Yield of 5.00% and Total Return of 21.53%. The estimated 1 year forecast in home value for 2755 Tallpine Ct is 9.22%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
2755 Tallpine Ct SCHOOLS
Financial Details
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STRAWBERRY VALLEY
Neighborhood : STRAWBERRY VALLEY
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 68% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $877 per month.
MY RENT : $877 MEDIAN RENT : $977
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 $877 would therefore be considered affordable for annual household incomes greater than $35,080 (12 months x 3.333 x $877).
HOUSEHOLD INCOME RANGE
Approximately 24 of households in this neighborhood have a total annual income of $35,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $877 per month.
MINIMUM INCOME RANGE : $35,080
COMMUTE TIME DISTRIBUTION
41% of the working population has a commute time of 15 to 44 minutes, 41% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
STRAWBERRY VALLEY Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 12.8% |
Construction | 12.8% |
Educational Services | 10.3% |
Health Care & Social Assistance | 7.7% |
Public Administration | 10.3% |
Transportation | 5.1% |
Other | 41.0% |
AGE DISTRIBUTION
59% of the population is between the ages of 25 and 64, 14% is 24 or younger and 27% is 65 or older.
Age | % Distribution |
---|---|
<15 | 7.7% |
15-19 | 3.4% |
20-24 | 2.6% |
25-44 | 20.5% |
45-65 | 38.5% |
66+ | 27.4% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 10.5% |
Management, Business, & Financial | 15.8% |
Natural Resources Maintenance | 15.8% |
Production & Transportation | 5.3% |
Sales & Office | 31.6% |
Social | 5.3% |
Other | 15.8% |
HIGHEST EDUCATION LEVEL
23% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 12.6% |
High School | 21.4% |
Masters Degree | 9.7% |
Some College | 35.9% |
Some High School | 5.8% |
Other | 14.6% |
2755 Tallpine Ct Comps
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