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29275 Castella Loop PROPERTY INFO
FACTS
- Built In 1978
- Price/Sqft : $328.99
CONSTRUCTION
- Beds : 4
- Floor Size : 1,984 sqft
- Baths : 5 Full 1 Half
29275 Castella Loop SCHOOLS
Financial Details
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CASTELLA
Neighborhood : CASTELLA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 9% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,705 per month.
MY RENT : $1,705 MEDIAN RENT : $909
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 $1,705 would therefore be considered affordable for annual household incomes greater than $68,200 (12 months x 3.333 x $1,705).
HOUSEHOLD INCOME RANGE
Approximately 18 of households in this neighborhood have a total annual income of $68,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,705 per month.
MINIMUM INCOME RANGE : $68,200
COMMUTE TIME DISTRIBUTION
35% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 38% has a commute time of 45 minutes or longer.
CASTELLA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.6% |
Educational Services | 10.6% |
Health Care & Social Assistance | 8.5% |
Manufacturing | 8.5% |
Public Administration | 14.9% |
Transportation | 8.5% |
Other | 38.3% |
AGE DISTRIBUTION
46% of the population is between the ages of 25 and 64, 24% is 24 or younger and 30% is 65 or older.
Age | % Distribution |
---|---|
<15 | 11.3% |
15-19 | 8.5% |
20-24 | 4.5% |
25-44 | 14.7% |
45-65 | 31.1% |
66+ | 29.9% |
OCCUPATION
Occupation | % Distribution |
---|---|
Construction | 10.3% |
Management, Business, & Financial | 10.3% |
Natural Resources Maintenance | 17.2% |
Production & Transportation | 10.3% |
Protect | 24.1% |
Sales & Office | 20.7% |
Other | 6.9% |
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 | 17.5% |
High School | 30.2% |
Masters Degree | 4.8% |
Some College | 31.0% |
Some High School | 7.1% |
Other | 9.5% |
29275 Castella Loop Comps
29275 Castella Loop, Castella, CA 96017 is a single family home of 1,984 sqft. HomeUnion INVESTimateĀ® for 29275 Castella Loop includes a Price Estimate of $652,717 and a Rent Estimate of $1,705. This single family home has 4 bedrooms,6 bathrooms, and was built in 1978. This property has an estimated 15 year annualized Yield of 3.13% and Total Return of 14.79%. The estimated 1 year forecast in home value for 29275 Castella Loop is 6.6%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SHASTA County , or the 96017 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2