INVESTimate
$55,249
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324 S Zarate Ct PROPERTY INFO
FACTS
- Built In 1995
- Price/Sqft : $152.02
CONSTRUCTION
- Beds : 3
- Floor Size : 1,086 sqft
- Baths : 2 Full
324 S Zarate Ct SCHOOLS
Financial Details
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PLANADA
Neighborhood : PLANADA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,197 per month.
MY RENT : $1,197 MEDIAN RENT : $1,151
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 $1,197 would therefore be considered affordable for annual household incomes greater than $47,880 (12 months x 3.333 x $1,197).
HOUSEHOLD INCOME RANGE
Approximately 464 of households in this neighborhood have a total annual income of $47,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,197 per month.
MINIMUM INCOME RANGE : $47,880
COMMUTE TIME DISTRIBUTION
58% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.
PLANADA Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Agriculture, Fishing & Game | 36.8% |
| Construction | 7.0% |
| Health Care & Social Assistance | 6.4% |
| Manufacturing | 9.8% |
| Public Administration | 4.3% |
| Retail & Wholesale Trader | 14.9% |
| Other | 20.7% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 41% is 24 or younger and 12% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 21.9% |
| 15-19 | 11.2% |
| 20-24 | 7.5% |
| 25-44 | 25.3% |
| 45-65 | 22.1% |
| 66+ | 12.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 11.7% |
| Management, Business, & Financial | 5.2% |
| Natural Resources Maintenance | 30.2% |
| Production & Transportation | 15.0% |
| Sales & Office | 20.2% |
| Social | 7.6% |
| Other | 10.1% |
HIGHEST EDUCATION LEVEL
7% 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 | 16.4% |
| Professional | 1.4% |
| Some College | 17.7% |
| Some High School | 54.3% |
| Other | 5.3% |
324 S Zarate Ct Comps
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324 S Zarate Ct, Planada, CA 95365 is a single family home of 1,086 sqft. HomeUnion INVESTimateĀ® for 324 S Zarate Ct includes a Price Estimate of $165,089 and a Rent Estimate of $1,197. This single family home has 3 bedrooms,2 bathrooms, and was built in 1995. This property has an estimated 15 year annualized Yield of 8.70% and Total Return of 38.50%. The estimated 1 year forecast in home value for 324 S Zarate Ct is 13.48%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , MERCED County , or the 95365 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
