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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

389 Marina Cir Piru, CA 93040

4 Beds 3 Baths 1,469 sqft Built 1998
Last updated:  Jan 23, 2020

INVESTimate

$452,792

$427K - $479K

Price Est.

$2,587

$2.4K - $2.8K

Rent Est.

$483,265  ( +6.73%)   1 YR EST. FORECAST
  
  
  

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389 Marina Cir PROPERTY INFO

FACTS
  • Built In 1998
  • Price/Sqft : $308.23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,469 sqft
  • Baths : 2 Full 1 Half

389 Marina Cir SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
FILLMORE SENIOR HIGH SCHOOL High Regular 1,019 43 5

FILLMORE SENIOR HIGH SCHOOL

  • Education Level: High
  • # of students: 1,019
  • # of teachers: 43
5
GreatSchools Rating
 

Financial Details

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Neighborhood

PIRU

  • 1,863

    POPULATION
  • 577

    HOUSEHOLDS
  • 27.3%

    WHITE COLLAR

Neighborhood : PIRU

HOUSEHOLDS
577
POPULATION

1,863

40.3%Renters
59.7%Home Owners
LABOR FORCE

 

27.3%White Collar
72.7%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 $2,587 per month.

MY RENT : $2,587 MEDIAN RENT : $2,408

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.3%
>=$1,500 99.7%
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 $2,587 would therefore be considered affordable for annual household incomes greater than $103,480 (12 months x 3.333 x $2,587).

Rent % Affordability
Above $500 81.6%
Above $700 72.1%
Above $1,100 55.9%
Above $1,500 45.2%
Above $1,900 32.4%
HOUSEHOLD INCOME RANGE

Approximately 40 of households in this neighborhood have a total annual income of $103,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,587 per month.

MINIMUM INCOME RANGE : $103,480

Income % Distribution
<$20K 18.4%
$20K-$35K 14.1%
$35K-$60K 22.2%
$60K-$100K 33.3%
>=$100K 11.9%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 22% 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 4.7%
5-9 mins 8.2%
10-14 mins 9.3%
15-19 mins 9.7%
20-29 mins 21.9%
30-44 mins 25.3%
45-59 mins 10.6%
>60 mins 10.2%
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 $2,587 per month.

MY RENT : $2,587 MEDIAN RENT : $2,408

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.3%
>=$1,500 99.7%
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 $2,587 would therefore be considered affordable for annual household incomes greater than $103,480 (12 months x 3.333 x $2,587).

Rent % Affordability
Above $500 81.6%
Above $700 72.1%
Above $1,100 55.9%
Above $1,500 45.2%
Above $1,900 32.4%
HOUSEHOLD INCOME RANGE

Approximately 40 of households in this neighborhood have a total annual income of $103,480 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,587 per month.

MINIMUM INCOME RANGE : $103,480

Income % Distribution
<$20K 18.4%
$20K-$35K 14.1%
$35K-$60K 22.2%
$60K-$100K 33.3%
>=$100K 11.9%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 22% 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 4.7%
5-9 mins 8.2%
10-14 mins 9.3%
15-19 mins 9.7%
20-29 mins 21.9%
30-44 mins 25.3%
45-59 mins 10.6%
>60 mins 10.2%

PIRU Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 18.6%
Arts & Entertainment 6.2%
Educational Services 8.0%
Health Care & Social Assistance 9.1%
Manufacturing 17.0%
Retail & Wholesale Trader 14.5%
Other 26.6%
AGE DISTRIBUTION

50% of the population is between the ages of 25 and 64, 38% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 22.9%
15-19 6.7%
20-24 8.2%
25-44 24.7%
45-65 25.1%
66+ 12.4%
OCCUPATION

Occupation % Distribution
Adesm 2.8%
Healthcare 8.3%
Management, Business, & Financial 4.5%
Natural Resources Maintenance 27.3%
Production & Transportation 30.5%
Sales & Office 18.5%
Other 8.3%
HIGHEST EDUCATION LEVEL

11% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.6%
Doctorate 1.9%
High School 21.6%
Some College 19.9%
Some High School 38.5%
Other 10.4%

389 Marina Cir Comps

Sorry, we do not have sufficient data available.

389 Marina Cir, Piru, CA 93040 is a single family home of 1,469 sqft. HomeUnion INVESTimateĀ® for 389 Marina Cir includes a Price Estimate of $452,792 and a Rent Estimate of $2,587. This single family home has 4 bedrooms,3 bathrooms, and was built in 1998. This property has an estimated 15 year annualized Yield of 6.86% and Total Return of 24.04%. The estimated 1 year forecast in home value for 389 Marina Cir is 6.73%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , VENTURA County , or the 93040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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