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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

29058 Hook Creek Rd Cedar Glen, CA 92321

1 Beds 3 Baths 877 sqft Built 1936
Last updated:  Jan 23, 2020

INVESTimate

$222,984

$207K - $239K

Price Est.

$1,277

$1.2K - $1.4K

Rent Est.

$244,480  ( +9.64%)   1 YR EST. FORECAST
  
  
  

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29058 Hook Creek Rd PROPERTY INFO

FACTS
  • Built In 1936
  • Price/Sqft : $254.26
CONSTRUCTION
  • Beds : 1
  • Floor Size : 877 sqft
  • Baths : 3 Full

29058 Hook Creek Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAKE ARROWHEAD ELEMENTARY SCHOOL Primary Regular 408 17 7
MARY PUTNAM HENCK INTERMEDIATE SCHOOL Middle Regular 949 37 4
RIM OF THE WORLD HIGH SCHOOL High Regular 1,306 55 6

LAKE ARROWHEAD ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 408
  • # of teachers: 17
7
GreatSchools Rating

MARY PUTNAM HENCK INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 949
  • # of teachers: 37
4
GreatSchools Rating

RIM OF THE WORLD HIGH SCHOOL

  • Education Level: High
  • # of students: 1,306
  • # of teachers: 55
6
GreatSchools Rating
 

Financial Details

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Neighborhood

CEDAR GLEN

  • 606

    POPULATION
  • 192

    HOUSEHOLDS
  • 35.7%

    WHITE COLLAR

Neighborhood : CEDAR GLEN

HOUSEHOLDS
192
POPULATION

606

35.2%Renters
64.8%Home Owners
LABOR FORCE

 

35.7%White Collar
64.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,277 per month.

MY RENT : $1,277 MEDIAN RENT : $1,336

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 2.0%
$900-999 6.8%
$1,000-1,499 63.4%
>=$1,500 27.9%
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 $1,277 would therefore be considered affordable for annual household incomes greater than $51,080 (12 months x 3.333 x $1,277).

Rent % Affordability
Above $500 62.8%
Above $700 59.1%
Above $1,100 46.3%
Above $1,500 35.1%
Above $1,900 23.7%
HOUSEHOLD INCOME RANGE

Approximately 72 of households in this neighborhood have a total annual income of $51,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,277 per month.

MINIMUM INCOME RANGE : $51,080

Income % Distribution
<$20K 37.2%
$20K-$35K 11.5%
$35K-$60K 16.2%
$60K-$100K 20.4%
>=$100K 14.7%
COMMUTE TIME DISTRIBUTION

14% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.6%
5-9 mins 6.3%
10-14 mins 29.3%
15-19 mins 4.1%
20-29 mins 7.2%
30-44 mins 3.2%
45-59 mins 0.0%
>60 mins 37.4%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,277 per month.

MY RENT : $1,277 MEDIAN RENT : $1,336

Rent % Distribution
$500-699 0.0%
$700-899 2.0%
$900-999 6.8%
$1,000-1,499 63.4%
>=$1,500 27.9%
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 $1,277 would therefore be considered affordable for annual household incomes greater than $51,080 (12 months x 3.333 x $1,277).

Rent % Affordability
Above $500 62.8%
Above $700 59.1%
Above $1,100 46.3%
Above $1,500 35.1%
Above $1,900 23.7%
HOUSEHOLD INCOME RANGE

Approximately 72 of households in this neighborhood have a total annual income of $51,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,277 per month.

MINIMUM INCOME RANGE : $51,080

Income % Distribution
<$20K 37.2%
$20K-$35K 11.5%
$35K-$60K 16.2%
$60K-$100K 20.4%
>=$100K 14.7%
COMMUTE TIME DISTRIBUTION

14% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 12.6%
5-9 mins 6.3%
10-14 mins 29.3%
15-19 mins 4.1%
20-29 mins 7.2%
30-44 mins 3.2%
45-59 mins 0.0%
>60 mins 37.4%

CEDAR GLEN Demographics

INDUSTRY

Industry % Distribution
Administrative Support 11.8%
Agriculture, Fishing & Game 11.0%
Construction 12.7%
Health Care & Social Assistance 10.5%
Public Administration 9.3%
Retail & Wholesale Trader 18.6%
Other 26.2%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 39% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 17.8%
15-19 16.8%
20-24 4.3%
25-44 13.4%
45-65 33.7%
66+ 14.0%
OCCUPATION

Occupation % Distribution
Clean 14.8%
Computer Engineering 7.8%
Management, Business, & Financial 8.7%
Natural Resources Maintenance 27.0%
Production & Transportation 17.4%
Sales & Office 16.5%
Other 7.8%
HIGHEST EDUCATION LEVEL

10% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 2.0%
High School 24.9%
Masters Degree 6.5%
Some College 41.5%
Some High School 5.1%
Other 20.1%

29058 Hook Creek Rd Comps

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29058 Hook Creek Rd, Cedar Glen, CA 92321 is a single family home of 877 sqft. HomeUnion INVESTimateĀ® for 29058 Hook Creek Rd includes a Price Estimate of $222,984 and a Rent Estimate of $1,277. This single family home has 1 bedrooms,3 bathrooms, and was built in 1936. This property has an estimated 15 year annualized Yield of 6.87% and Total Return of 28.19%. The estimated 1 year forecast in home value for 29058 Hook Creek Rd is 9.64%.

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 92321 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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