1. < Nottingham Ln

Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

2977 Nottingham Ln Merced, CA 95340

3 Beds 2 Baths 1,296 sqft Built 1961
Last updated:  Jan 23, 2020

INVESTimate

$218,811

$210K - $228K

Price Est.

$1,166

$1.1K - $1.3K

Rent Est.

$69,485

Investment Est.

$238,088  ( +8.81%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

2977 Nottingham Ln PROPERTY INFO

FACTS
  • Built In 1961
  • Price/Sqft : $168.84
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,296 sqft
  • Baths : 2 Full

2977 Nottingham Ln SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CHENOWETH ELEMENTARY SCHOOL Primary Regular 727 29 7
HERBERT HOOVER MIDDLE SCHOOL Middle Regular 904 32 2
MERCED HIGH SCHOOL High Regular 2,759 108 7

CHENOWETH ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 727
  • # of teachers: 29
7
GreatSchools Rating

HERBERT HOOVER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 904
  • # of teachers: 32
2
GreatSchools Rating

MERCED HIGH SCHOOL

  • Education Level: High
  • # of students: 2,759
  • # of teachers: 108
7
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

MERCED

  • 34,511

    POPULATION

  • 11,577

    HOUSEHOLDS

  • 62.1%

    WHITE COLLAR

Neighborhood : MERCED

HOUSEHOLDS
11,577
POPULATION

34,511

50.0%Renters
50.0%Home Owners
LABOR FORCE

 

62.1%White Collar
37.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,166 per month.

MY RENT : $1,166 MEDIAN RENT : $1,380

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.4%
$900-999 4.3%
$1,000-1,499 58.6%
>=$1,500 31.6%
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 $1,166 would therefore be considered affordable for annual household incomes greater than $46,640 (12 months x 3.333 x $1,166).

Rent % Affordability
Above $500 77.8%
Above $700 69.8%
Above $1,100 55.7%
Above $1,500 44.0%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 5,618 of households in this neighborhood have a total annual income of $46,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,166 per month.

MINIMUM INCOME RANGE : $46,640

Income % Distribution
<$20K 22.2%
$20K-$35K 13.4%
$35K-$60K 20.3%
$60K-$100K 21.3%
>=$100K 22.7%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 17.8%
10-14 mins 24.2%
15-19 mins 18.7%
20-29 mins 11.7%
30-44 mins 10.2%
45-59 mins 3.2%
>60 mins 8.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 71% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,166 per month.

MY RENT : $1,166 MEDIAN RENT : $1,380

Rent % Distribution
$500-699 0.0%
$700-899 5.4%
$900-999 4.3%
$1,000-1,499 58.6%
>=$1,500 31.6%
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 $1,166 would therefore be considered affordable for annual household incomes greater than $46,640 (12 months x 3.333 x $1,166).

Rent % Affordability
Above $500 77.8%
Above $700 69.8%
Above $1,100 55.7%
Above $1,500 44.0%
Above $1,900 32.6%
HOUSEHOLD INCOME RANGE

Approximately 5,618 of households in this neighborhood have a total annual income of $46,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,166 per month.

MINIMUM INCOME RANGE : $46,640

Income % Distribution
<$20K 22.2%
$20K-$35K 13.4%
$35K-$60K 20.3%
$60K-$100K 21.3%
>=$100K 22.7%
COMMUTE TIME DISTRIBUTION

41% of the working population has a commute time of 15 to 44 minutes, 48% has a commute time of 14 minutes or less and 12% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.9%
5-9 mins 17.8%
10-14 mins 24.2%
15-19 mins 18.7%
20-29 mins 11.7%
30-44 mins 10.2%
45-59 mins 3.2%
>60 mins 8.3%
MERCED Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 7.7%
Construction 6.7%
Educational Services 18.4%
Health Care & Social Assistance 12.7%
Manufacturing 7.4%
Retail & Wholesale Trader 14.5%
Other 32.5%
OCCUPATION

           

Occupation % Distribution
Construction 9.8%
Healthcare 6.3%
Management, Business, & Financial 13.2%
Natural Resources Maintenance 12.8%
Production & Transportation 12.2%
Sales & Office 22.2%
Other 23.5%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 21.2%
15-19 10.3%
20-24 8.5%
25-44 25.1%
45-65 22.4%
66+ 12.5%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 10.5%
High School 23.0%
Masters Degree 6.5%
Some College 26.9%
Some High School 16.0%
Other 17.1%

MERCED Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.7%
Construction 6.7%
Educational Services 18.4%
Health Care & Social Assistance 12.7%
Manufacturing 7.4%
Retail & Wholesale Trader 14.5%
Other 32.5%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 40% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 21.2%
15-19 10.3%
20-24 8.5%
25-44 25.1%
45-65 22.4%
66+ 12.5%
OCCUPATION

Occupation % Distribution
Construction 9.8%
Healthcare 6.3%
Management, Business, & Financial 13.2%
Natural Resources Maintenance 12.8%
Production & Transportation 12.2%
Sales & Office 22.2%
Other 23.5%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.5%
High School 23.0%
Masters Degree 6.5%
Some College 26.9%
Some High School 16.0%
Other 17.1%

2977 Nottingham Ln Comps

Sorry, we do not have sufficient data available.

2977 Nottingham Ln, Merced, CA 95340 is a single family home of 1,296 sqft. HomeUnion INVESTimateĀ® for 2977 Nottingham Ln includes a Price Estimate of $218,811 and a Rent Estimate of $1,166. This single family home has 3 bedrooms,2 bathrooms, and was built in 1961. This property has an estimated 15 year annualized Yield of 6.39% and Total Return of 25.60%. The estimated 1 year forecast in home value for 2977 Nottingham Ln is 8.81%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , MERCED County , or the 95340 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on Nottingham Ln

  1. 2977 Nottingham Ln
  2. 2978 Nottingham Ln
  3. 2985 Nottingham Ln
  4. 2986 Nottingham Ln
  5. 2991 Nottingham Ln
  6. 2992 Nottingham Ln
  7. 3010 Nottingham Ln
  8. 3013 Nottingham Ln
  9. 3021 Nottingham Ln
  10. 3024 Nottingham Ln
  11. 3027 Nottingham Ln
  12. 3035 Nottingham Ln
  13. 3041 Nottingham Ln
  14. 3044 Nottingham Ln
  15. 3047 Nottingham Ln
  16. 3055 Nottingham Ln
  17. 3058 Nottingham Ln
  18. 3061 Nottingham Ln
  19. 3067 Nottingham Ln
  20. 3073 Nottingham Ln
  21. 3076 Nottingham Ln
  22. 3081 Nottingham Ln
  23. 3087 Nottingham Ln
  24. 3090 Nottingham Ln

Similar Investment Properties By Bed/Bath within 2 miles

  1. 1530 Hansen Ave
  2. 1549 Oregon Dr
  3. 1469 Oregon Dr
  4. 1453 Oregon Dr
  5. 1399 Oregon Dr
  6. 2947 El Camino Real
  7. 1669 Oregon Dr
  8. 1367 Oregon Dr
  9. 2942 El Camino Real
  10. 1557 San Luis Obispo Ct
  11. 1648 Oregon Dr
  12. 1404 Oregon Dr
  13. 1349 Oregon Dr
  14. 2917 Santa Cruz Ave
  15. 1577 San Luis Obispo Ct
  16. 2936 El Camino Real
  17. 1405 San Gabriel Way
  18. 2986 Westminster Ct
  19. 2998 Westminster Ct
  20. 1350 Oregon Dr

Similar Investment Properties By List Price within 2 miles

  1. 2985 Nottingham Ln
  2. 1491 Hansen Ave
  3. 1495 Hansen Ave
  4. 2991 Nottingham Ln
  5. 1467 Hansen Ave
  6. 1522 E Alexander Ave
  7. 1530 Hansen Ave
  8. 1498 Hansen Ave
  9. 1484 Hansen Ave
  10. 1570 Hansen Ave
  11. 2988 Hampshire Ct
  12. 1582 E Alexander Ave
  13. 2994 Hampshire Ct
  14. 1456 Hansen Ave
  15. 1590 Hansen Ave
  16. 2988 Tuxford Ct
  17. 1442 Hansen Ave
  18. 1610 Hansen Ave
  19. 3010 Nottingham Ln
  20. 1414 Hansen Ave

Nearest zipcodes within 2 miles

  1. 95301
  2. 95348
  3. 95341
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.