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

30748 Montgomery Ave Lakeview, CA 92567

3 Beds 2 Baths 1,650 sqft Built 1985
Last updated:  Dec 26, 2019

INVESTimate

$300,610

$256K - $346K

Price Est.

$1,637

$1.4K - $1.8K

Rent Est.

$329,649  ( +9.66%)   1 YR EST. FORECAST
  
  
  

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

  • 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
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 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
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

30748 Montgomery Ave PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $182.19
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,650 sqft
  • Baths : 2 Full

30748 Montgomery Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
VALLEY VIEW ELEMENTARY SCHOOL Primary Regular 557 24 NA
MOUNTAIN SHADOWS MIDDLE SCHOOL Middle Regular 558 22 NA
HERITAGE HIGH SCHOOL High Regular 2,710 96 6

VALLEY VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 557
  • # of teachers: 24
-1
GreatSchools Rating

MOUNTAIN SHADOWS MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 558
  • # of teachers: 22
-1
GreatSchools Rating

HERITAGE HIGH SCHOOL

  • Education Level: High
  • # of students: 2,710
  • # of teachers: 96
6
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

Sierra Vista Orange

  • 126

    POPULATION
  • 38

    HOUSEHOLDS
  • 31.8%

    WHITE COLLAR

Neighborhood : Sierra Vista Orange

HOUSEHOLDS
38
POPULATION

126

29.7%Renters
70.3%Home Owners
LABOR FORCE

 

31.8%White Collar
68.2%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,637 per month.

MY RENT : $1,637 MEDIAN RENT : $2,062

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.3%
>=$1,500 95.7%
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 $1,637 would therefore be considered affordable for annual household incomes greater than $65,480 (12 months x 3.333 x $1,637).

Rent % Affordability
Above $500 85.3%
Above $700 78.8%
Above $1,100 62.9%
Above $1,500 50.0%
Above $1,900 40.4%
HOUSEHOLD INCOME RANGE

Approximately 10 of households in this neighborhood have a total annual income of $65,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,637 per month.

MINIMUM INCOME RANGE : $65,480

Income % Distribution
<$20K 14.7%
$20K-$35K 17.6%
$35K-$60K 17.6%
$60K-$100K 29.4%
>=$100K 20.6%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.9%
5-9 mins 3.6%
10-14 mins 3.6%
15-19 mins 8.9%
20-29 mins 17.9%
30-44 mins 23.2%
45-59 mins 16.1%
>60 mins 17.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 96% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,637 per month.

MY RENT : $1,637 MEDIAN RENT : $2,062

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 4.3%
>=$1,500 95.7%
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 $1,637 would therefore be considered affordable for annual household incomes greater than $65,480 (12 months x 3.333 x $1,637).

Rent % Affordability
Above $500 85.3%
Above $700 78.8%
Above $1,100 62.9%
Above $1,500 50.0%
Above $1,900 40.4%
HOUSEHOLD INCOME RANGE

Approximately 10 of households in this neighborhood have a total annual income of $65,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,637 per month.

MINIMUM INCOME RANGE : $65,480

Income % Distribution
<$20K 14.7%
$20K-$35K 17.6%
$35K-$60K 17.6%
$60K-$100K 29.4%
>=$100K 20.6%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 34% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.9%
5-9 mins 3.6%
10-14 mins 3.6%
15-19 mins 8.9%
20-29 mins 17.9%
30-44 mins 23.2%
45-59 mins 16.1%
>60 mins 17.9%

Sierra Vista Orange Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.5%
Arts & Entertainment 11.3%
Construction 15.1%
Educational Services 11.3%
Health Care & Social Assistance 13.2%
Retail & Wholesale Trader 15.1%
Other 26.4%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 40% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 23.8%
15-19 8.7%
20-24 7.9%
25-44 24.6%
45-65 26.2%
66+ 8.7%
OCCUPATION

Occupation % Distribution
Clean 11.4%
Natural Resources Maintenance 22.9%
Production & Transportation 22.9%
Protect 5.7%
Sales & Office 11.4%
Social 5.7%
Other 20.0%
HIGHEST EDUCATION LEVEL

9% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 32.5%
Masters Degree 2.5%
Some College 26.2%
Some High School 22.5%
Other 11.2%

30748 Montgomery Ave Comps

Sorry, we do not have sufficient data available.

30748 Montgomery Ave, Lakeview, CA 92567 is a single family home of 1,650 sqft. HomeUnion INVESTimateĀ® for 30748 Montgomery Ave includes a Price Estimate of $300,610 and a Rent Estimate of $1,637. This single family home has 3 bedrooms,2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 6.53% and Total Return of 27.70%. The estimated 1 year forecast in home value for 30748 Montgomery Ave is 9.66%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , RIVERSIDE County , or the 92567 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 92586
  2. 92550
  3. 92548
  4. 92571
  5. 92570
  6. 92585