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32979 Falling Leaf Ln PROPERTY INFO
FACTS
- Built In 1989
- Price/Sqft : $189.10
CONSTRUCTION
- Beds : 2
- Floor Size : 972 sqft
- Baths : 1 Full 1 Half
32979 Falling Leaf Ln SCHOOLS
Financial Details
See Financial Details
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RUNNING SPRINGS
Neighborhood : RUNNING SPRINGS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,181 per month.
MY RENT : $1,181 MEDIAN RENT : $1,438
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 $1,181 would therefore be considered affordable for annual household incomes greater than $47,240 (12 months x 3.333 x $1,181).
HOUSEHOLD INCOME RANGE
Approximately 1,068 of households in this neighborhood have a total annual income of $47,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,181 per month.
MINIMUM INCOME RANGE : $47,240
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 27% has a commute time of 45 minutes or longer.
RUNNING SPRINGS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.1% |
Construction | 12.4% |
Educational Services | 8.6% |
Health Care & Social Assistance | 12.8% |
Public Administration | 7.3% |
Retail & Wholesale Trader | 17.7% |
Other | 31.1% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 31% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 21.2% |
15-19 | 4.4% |
20-24 | 5.4% |
25-44 | 21.3% |
45-65 | 30.8% |
66+ | 17.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Healthcare | 9.0% |
Management, Business, & Financial | 20.2% |
Natural Resources Maintenance | 12.5% |
Production & Transportation | 8.3% |
Protect | 8.9% |
Sales & Office | 21.9% |
Other | 19.3% |
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 | 11.5% |
High School | 19.7% |
Masters Degree | 6.4% |
Some College | 37.7% |
Some High School | 6.3% |
Other | 18.4% |
32979 Falling Leaf Ln Comps
32979 Falling Leaf Ln, Arrowbear Lk, CA 92382 is a single family home of 972 sqft. HomeUnion INVESTimateĀ® for 32979 Falling Leaf Ln includes a Price Estimate of $183,806 and a Rent Estimate of $1,181. This single family home has 2 bedrooms,2 bathrooms, and was built in 1989. This property has an estimated 15 year annualized Yield of 7.71% and Total Return of 31.64%. The estimated 1 year forecast in home value for 32979 Falling Leaf Ln is 10.64%.
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