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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

29377 Castella Loop Castella, CA 96017

3 Beds 2 Baths 1,656 sqft Built 1986
Last updated:  Dec 26, 2019

INVESTimate

$594,562

$548K - $641K

Price Est.

$1,644

$1.5K - $1.8K

Rent Est.

$633,803  ( +6.6%)   1 YR EST. FORECAST
  
  
  

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29377 Castella Loop PROPERTY INFO

FACTS
  • Built In 1986
  • Price/Sqft : $359.04
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,656 sqft
  • Baths : 2 Full

29377 Castella Loop SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DUNSMUIR HIGH SCHOOL High Regular 83 7 6

DUNSMUIR HIGH SCHOOL

  • Education Level: High
  • # of students: 83
  • # of teachers: 7
6
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

CASTELLA

  • 177

    POPULATION
  • 76

    HOUSEHOLDS
  • 39.3%

    WHITE COLLAR

Neighborhood : CASTELLA

HOUSEHOLDS
76
POPULATION

177

23.5%Renters
76.5%Home Owners
LABOR FORCE

 

39.3%White Collar
60.7%Blue Collar
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 $1,644 per month.

MY RENT : $1,644 MEDIAN RENT : $909

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 48.3%
$900-999 14.3%
$1,000-1,499 28.6%
>=$1,500 8.8%
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 $1,644 would therefore be considered affordable for annual household incomes greater than $65,760 (12 months x 3.333 x $1,644).

Rent % Affordability
Above $500 64.5%
Above $700 55.5%
Above $1,100 42.4%
Above $1,500 34.2%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 18 of households in this neighborhood have a total annual income of $65,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,644 per month.

MINIMUM INCOME RANGE : $65,760

Income % Distribution
<$20K 35.5%
$20K-$35K 15.8%
$35K-$60K 14.5%
$60K-$100K 15.8%
>=$100K 18.4%
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.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 12.5%
10-14 mins 10.0%
15-19 mins 5.0%
20-29 mins 10.0%
30-44 mins 20.0%
45-59 mins 22.5%
>60 mins 15.0%
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 $1,644 per month.

MY RENT : $1,644 MEDIAN RENT : $909

Rent % Distribution
$500-699 0.0%
$700-899 48.3%
$900-999 14.3%
$1,000-1,499 28.6%
>=$1,500 8.8%
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 $1,644 would therefore be considered affordable for annual household incomes greater than $65,760 (12 months x 3.333 x $1,644).

Rent % Affordability
Above $500 64.5%
Above $700 55.5%
Above $1,100 42.4%
Above $1,500 34.2%
Above $1,900 24.7%
HOUSEHOLD INCOME RANGE

Approximately 18 of households in this neighborhood have a total annual income of $65,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,644 per month.

MINIMUM INCOME RANGE : $65,760

Income % Distribution
<$20K 35.5%
$20K-$35K 15.8%
$35K-$60K 14.5%
$60K-$100K 15.8%
>=$100K 18.4%
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.

Time (mins) % Distribution
<5 mins 5.0%
5-9 mins 12.5%
10-14 mins 10.0%
15-19 mins 5.0%
20-29 mins 10.0%
30-44 mins 20.0%
45-59 mins 22.5%
>60 mins 15.0%

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%

29377 Castella Loop Comps

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29377 Castella Loop, Castella, CA 96017 is a single family home of 1,656 sqft. HomeUnion INVESTimateĀ® for 29377 Castella Loop includes a Price Estimate of $594,562 and a Rent Estimate of $1,644. This single family home has 3 bedrooms,2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 3.32% and Total Return of 13.84%. The estimated 1 year forecast in home value for 29377 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

Nearest zipcodes within 2 miles

  1. 96051