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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.

349 Prospect St Oak View, CA 93022

0 Beds 0 Baths 1,558 sqft Built 1953
Last updated:  Jan 23, 2020

INVESTimate

$644,279

$607K - $681K

Price Est.

$2,902

$2.7K - $3.1K

Rent Est.

$677,653  ( +5.18%)   1 YR EST. FORECAST

349 Prospect St PROPERTY INFO

FACTS
  • Built In 1953
  • Price/Sqft : $413.53
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,558 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
349 Prospect St, Oak View, CA 93022 is a single family home of 1,558 sqft. HomeUnion estimate for 349 Prospect St includes a Price Estimate of $644,279 and a Rent Estimate of $2,902. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1953. This property has an estimated 15 year annualized Yield of 5.41% and Total Return of 19.50%. The estimated 1 year forecast in home value for 349 Prospect St is 5.18%.
  
  
  

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349 Prospect St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DE ANZA ACADEMY OF TECHNOLOGY AND THE ARTS Middle Regular 658 27 6
VENTURA HIGH SCHOOL High Regular 2,070 86 7

DE ANZA ACADEMY OF TECHNOLOGY AND THE ARTS

  • Education Level: Middle
  • # of students: 658
  • # of teachers: 27
6
GreatSchools Rating

VENTURA HIGH SCHOOL

  • Education Level: High
  • # of students: 2,070
  • # of teachers: 86
7
GreatSchools Rating
 

Financial Details

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Neighborhood

OAK VIEW

  • 6,895

    POPULATION
  • 2,331

    HOUSEHOLDS
  • 65.1%

    WHITE COLLAR

Neighborhood : OAK VIEW

HOUSEHOLDS
2,331
POPULATION

6,895

22.9%Renters
77.1%Home Owners
LABOR FORCE

 

65.1%White Collar
34.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,902 per month.

MY RENT : $2,902 MEDIAN RENT : $2,881

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,902 would therefore be considered affordable for annual household incomes greater than $116,080 (12 months x 3.333 x $2,902).

Rent % Affordability
Above $500 87.8%
Above $700 82.5%
Above $1,100 73.6%
Above $1,500 63.5%
Above $1,900 48.1%
HOUSEHOLD INCOME RANGE

Approximately 479 of households in this neighborhood have a total annual income of $116,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,902 per month.

MINIMUM INCOME RANGE : $116,080

Income % Distribution
<$20K 12.2%
$20K-$35K 9.4%
$35K-$60K 14.9%
$60K-$100K 25.2%
>=$100K 38.3%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 5.8%
10-14 mins 12.0%
15-19 mins 17.4%
20-29 mins 24.4%
30-44 mins 18.0%
45-59 mins 8.9%
>60 mins 12.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,902 per month.

MY RENT : $2,902 MEDIAN RENT : $2,881

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $2,902 would therefore be considered affordable for annual household incomes greater than $116,080 (12 months x 3.333 x $2,902).

Rent % Affordability
Above $500 87.8%
Above $700 82.5%
Above $1,100 73.6%
Above $1,500 63.5%
Above $1,900 48.1%
HOUSEHOLD INCOME RANGE

Approximately 479 of households in this neighborhood have a total annual income of $116,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,902 per month.

MINIMUM INCOME RANGE : $116,080

Income % Distribution
<$20K 12.2%
$20K-$35K 9.4%
$35K-$60K 14.9%
$60K-$100K 25.2%
>=$100K 38.3%
COMMUTE TIME DISTRIBUTION

60% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 5.8%
10-14 mins 12.0%
15-19 mins 17.4%
20-29 mins 24.4%
30-44 mins 18.0%
45-59 mins 8.9%
>60 mins 12.2%

OAK VIEW Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 10.8%
Construction 13.7%
Educational Services 8.6%
Health Care & Social Assistance 11.2%
Professional & Scientific Tech Services 10.0%
Retail & Wholesale Trader 14.0%
Other 31.8%
AGE DISTRIBUTION

55% of the population is between the ages of 25 and 64, 28% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 14.7%
15-19 6.6%
20-24 6.3%
25-44 25.1%
45-65 30.1%
66+ 17.3%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.1%
Healthcare 7.5%
Management, Business, & Financial 18.9%
Natural Resources Maintenance 9.2%
Production & Transportation 11.4%
Sales & Office 18.3%
Other 27.6%
HIGHEST EDUCATION LEVEL

18% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.7%
High School 20.6%
Masters Degree 5.9%
Some College 27.5%
Some High School 13.5%
Other 22.9%

349 Prospect St Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , VENTURA County , or the 93022 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 93001
  2. 93023