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This page contains information about each property aggregated from public data sources, 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.

32375 Scandia Dr Running Springs, CA 92382

2 Beds 2 Baths 952 sqft Built 1977
Last updated:  Jan 23, 2020

INVESTimate

$231,162

$224K - $238K

Price Est.

$1,116

$1.0K - $1.2K

Rent Est.

$255,758  ( +10.64%)   1 YR EST. FORECAST

32375 Scandia Dr PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $242.82
CONSTRUCTION
  • Beds : 2
  • Floor Size : 952 sqft
  • Baths : 1 Full 1 Half
PROPERTY DESCRIPTION
32375 Scandia Dr, Running Springs, CA 92382 is a single family home of 952 sqft. HomeUnion estimate for 32375 Scandia Dr includes a Price Estimate of $231,162 and a Rent Estimate of $1,116. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 5.79% and Total Return of 28.48%. The estimated 1 year forecast in home value for 32375 Scandia Dr is 10.64%.
  
  
  

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32375 Scandia Dr SCHOOLS

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

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

RUNNING SPRINGS

  • 5,118

    POPULATION
  • 2,043

    HOUSEHOLDS
  • 58.9%

    WHITE COLLAR

Neighborhood : RUNNING SPRINGS

HOUSEHOLDS
2,043
POPULATION

5,118

31.2%Renters
68.8%Home Owners
LABOR FORCE

 

58.9%White Collar
41.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,116 per month.

MY RENT : $1,116 MEDIAN RENT : $1,441

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 1.7%
$900-999 3.9%
$1,000-1,499 49.9%
>=$1,500 44.5%
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 $1,116 would therefore be considered affordable for annual household incomes greater than $44,640 (12 months x 3.333 x $1,116).

Rent % Affordability
Above $500 86.4%
Above $700 78.1%
Above $1,100 63.0%
Above $1,500 51.2%
Above $1,900 39.3%
HOUSEHOLD INCOME RANGE

Approximately 1,148 of households in this neighborhood have a total annual income of $44,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,116 per month.

MINIMUM INCOME RANGE : $44,640

Income % Distribution
<$20K 13.6%
$20K-$35K 15.3%
$35K-$60K 19.9%
$60K-$100K 27.9%
>=$100K 23.2%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 10.2%
10-14 mins 8.3%
15-19 mins 8.9%
20-29 mins 15.6%
30-44 mins 20.3%
45-59 mins 10.2%
>60 mins 20.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 83% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,116 per month.

MY RENT : $1,116 MEDIAN RENT : $1,441

Rent % Distribution
$500-699 0.0%
$700-899 1.7%
$900-999 3.9%
$1,000-1,499 49.9%
>=$1,500 44.5%
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 $1,116 would therefore be considered affordable for annual household incomes greater than $44,640 (12 months x 3.333 x $1,116).

Rent % Affordability
Above $500 86.4%
Above $700 78.1%
Above $1,100 63.0%
Above $1,500 51.2%
Above $1,900 39.3%
HOUSEHOLD INCOME RANGE

Approximately 1,148 of households in this neighborhood have a total annual income of $44,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,116 per month.

MINIMUM INCOME RANGE : $44,640

Income % Distribution
<$20K 13.6%
$20K-$35K 15.3%
$35K-$60K 19.9%
$60K-$100K 27.9%
>=$100K 23.2%
COMMUTE TIME DISTRIBUTION

45% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 30% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.5%
5-9 mins 10.2%
10-14 mins 8.3%
15-19 mins 8.9%
20-29 mins 15.6%
30-44 mins 20.3%
45-59 mins 10.2%
>60 mins 20.1%

RUNNING SPRINGS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.0%
Construction 13.1%
Educational Services 7.5%
Health Care & Social Assistance 10.6%
Professional & Scientific Tech Services 6.6%
Retail & Wholesale Trader 16.2%
Other 32.0%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 30% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 19.1%
15-19 5.7%
20-24 5.5%
25-44 22.9%
45-65 32.2%
66+ 14.6%
OCCUPATION

Occupation % Distribution
Healthcare 7.4%
Management, Business, & Financial 21.4%
Natural Resources Maintenance 12.4%
Production & Transportation 8.9%
Protect 9.2%
Sales & Office 19.2%
Other 21.6%
HIGHEST EDUCATION LEVEL

19% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.4%
High School 18.7%
Masters Degree 5.8%
Some College 37.8%
Some High School 8.2%
Other 19.1%

32375 Scandia Dr Comps

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