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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

3469 Lake View Dr Little Grass Valley, CA 95973

2 Beds 2 Baths 1,949 sqft Built 0
Last updated:  Jan 23, 2020

INVESTimate

$409,140

$391K - $428K

Price Est.

$1,735

$1.6K - $1.8K

Rent Est.

$430,865  ( +5.31%)   1 YR EST. FORECAST
  
  
  

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3469 Lake View Dr PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $209.92
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,949 sqft
  • Baths : 2 Full

3469 Lake View Dr SCHOOLS

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Financial Details

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Neighborhood

CHICO

  • 35,311

    POPULATION
  • 13,950

    HOUSEHOLDS
  • 71.1%

    WHITE COLLAR

Neighborhood : CHICO

HOUSEHOLDS
13,950
POPULATION

35,311

41.0%Renters
59.0%Home Owners
LABOR FORCE

 

71.1%White Collar
28.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,735 per month.

MY RENT : $1,735 MEDIAN RENT : $1,736

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 27.9%
>=$1,500 71.9%
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 $1,735 would therefore be considered affordable for annual household incomes greater than $69,400 (12 months x 3.333 x $1,735).

Rent % Affordability
Above $500 82.8%
Above $700 74.6%
Above $1,100 62.7%
Above $1,500 51.0%
Above $1,900 39.5%
HOUSEHOLD INCOME RANGE

Approximately 4,726 of households in this neighborhood have a total annual income of $69,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,735 per month.

MINIMUM INCOME RANGE : $69,400

Income % Distribution
<$20K 17.2%
$20K-$35K 13.7%
$35K-$60K 18.1%
$60K-$100K 24.7%
>=$100K 26.3%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 54% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 18.7%
10-14 mins 29.3%
15-19 mins 18.7%
20-29 mins 9.2%
30-44 mins 10.4%
45-59 mins 4.1%
>60 mins 3.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 72% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,735 per month.

MY RENT : $1,735 MEDIAN RENT : $1,736

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.2%
$1,000-1,499 27.9%
>=$1,500 71.9%
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 $1,735 would therefore be considered affordable for annual household incomes greater than $69,400 (12 months x 3.333 x $1,735).

Rent % Affordability
Above $500 82.8%
Above $700 74.6%
Above $1,100 62.7%
Above $1,500 51.0%
Above $1,900 39.5%
HOUSEHOLD INCOME RANGE

Approximately 4,726 of households in this neighborhood have a total annual income of $69,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,735 per month.

MINIMUM INCOME RANGE : $69,400

Income % Distribution
<$20K 17.2%
$20K-$35K 13.7%
$35K-$60K 18.1%
$60K-$100K 24.7%
>=$100K 26.3%
COMMUTE TIME DISTRIBUTION

38% of the working population has a commute time of 15 to 44 minutes, 54% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 18.7%
10-14 mins 29.3%
15-19 mins 18.7%
20-29 mins 9.2%
30-44 mins 10.4%
45-59 mins 4.1%
>60 mins 3.5%

CHICO Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.3%
Educational Services 10.5%
Health Care & Social Assistance 20.8%
Manufacturing 6.5%
Professional & Scientific Tech Services 5.9%
Retail & Wholesale Trader 14.8%
Other 33.2%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 19.5%
15-19 6.5%
20-24 8.0%
25-44 27.2%
45-65 25.1%
66+ 13.6%
OCCUPATION

Occupation % Distribution
Computer Engineering 5.1%
Healthcare 13.3%
Management, Business, & Financial 19.9%
Natural Resources Maintenance 9.0%
Production & Transportation 7.1%
Sales & Office 24.0%
Other 21.5%
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 11.0%
High School 20.1%
Masters Degree 6.9%
Some College 27.3%
Some High School 6.3%
Other 28.3%

3469 Lake View Dr Comps

Sorry, we do not have sufficient data available.

3469 Lake View Dr, Little Grass Valley, CA 95973 is a single family home of 1,949 sqft. HomeUnion INVESTimateĀ® for 3469 Lake View Dr includes a Price Estimate of $409,140 and a Rent Estimate of $1,735. This single family home has 2 bedrooms,2 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 5.09% and Total Return of 17.15%. The estimated 1 year forecast in home value for 3469 Lake View Dr is 5.31%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , PLUMAS County , or the 95973 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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