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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

3994 Idaho Way Shasta Lake, CA 96019

3 Beds 2 Baths 1,118 sqft Built 1989
Last updated:  Jan 23, 2020

INVESTimate

$197,087

$186K - $208K

Price Est.

$1,199

$1.1K - $1.3K

Rent Est.

$211,671  ( +7.4%)   1 YR EST. FORECAST
  
  
  

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3994 Idaho Way PROPERTY INFO

FACTS
  • Built In 1989
  • Price/Sqft : $176.29
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,118 sqft
  • Baths : 2 Full

3994 Idaho Way SCHOOLS

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Financial Details

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Neighborhood

SHASTA LAKE

  • 9,961

    POPULATION
  • 3,750

    HOUSEHOLDS
  • 54.0%

    WHITE COLLAR

Neighborhood : SHASTA LAKE

HOUSEHOLDS
3,750
POPULATION

9,961

38.4%Renters
61.6%Home Owners
LABOR FORCE

 

54.0%White Collar
46.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,199 per month.

MY RENT : $1,199 MEDIAN RENT : $1,187

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 13.1%
$900-999 13.9%
$1,000-1,499 55.8%
>=$1,500 17.3%
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 $1,199 would therefore be considered affordable for annual household incomes greater than $47,960 (12 months x 3.333 x $1,199).

Rent % Affordability
Above $500 77.8%
Above $700 69.2%
Above $1,100 53.9%
Above $1,500 41.6%
Above $1,900 30.8%
HOUSEHOLD INCOME RANGE

Approximately 1,717 of households in this neighborhood have a total annual income of $47,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,199 per month.

MINIMUM INCOME RANGE : $47,960

Income % Distribution
<$20K 22.2%
$20K-$35K 15.4%
$35K-$60K 20.8%
$60K-$100K 25.0%
>=$100K 16.6%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 30% 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 2.6%
5-9 mins 10.1%
10-14 mins 17.1%
15-19 mins 28.2%
20-29 mins 27.0%
30-44 mins 6.6%
45-59 mins 2.7%
>60 mins 5.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,199 per month.

MY RENT : $1,199 MEDIAN RENT : $1,187

Rent % Distribution
$500-699 0.0%
$700-899 13.1%
$900-999 13.9%
$1,000-1,499 55.8%
>=$1,500 17.3%
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 $1,199 would therefore be considered affordable for annual household incomes greater than $47,960 (12 months x 3.333 x $1,199).

Rent % Affordability
Above $500 77.8%
Above $700 69.2%
Above $1,100 53.9%
Above $1,500 41.6%
Above $1,900 30.8%
HOUSEHOLD INCOME RANGE

Approximately 1,717 of households in this neighborhood have a total annual income of $47,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,199 per month.

MINIMUM INCOME RANGE : $47,960

Income % Distribution
<$20K 22.2%
$20K-$35K 15.4%
$35K-$60K 20.8%
$60K-$100K 25.0%
>=$100K 16.6%
COMMUTE TIME DISTRIBUTION

62% of the working population has a commute time of 15 to 44 minutes, 30% 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 2.6%
5-9 mins 10.1%
10-14 mins 17.1%
15-19 mins 28.2%
20-29 mins 27.0%
30-44 mins 6.6%
45-59 mins 2.7%
>60 mins 5.7%

SHASTA LAKE Demographics

INDUSTRY

Industry % Distribution
Administrative Support 7.6%
Arts & Entertainment 12.0%
Construction 7.6%
Health Care & Social Assistance 19.2%
Public Administration 5.9%
Retail & Wholesale Trader 17.8%
Other 29.8%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 32% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 20.2%
15-19 5.4%
20-24 6.5%
25-44 28.4%
45-65 24.1%
66+ 15.4%
OCCUPATION

Occupation % Distribution
Healthcare 7.9%
Management, Business, & Financial 16.2%
Natural Resources Maintenance 14.3%
PCare 5.8%
Production & Transportation 9.6%
Sales & Office 23.4%
Other 22.7%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.5%
High School 29.8%
Masters Degree 3.3%
Some College 32.8%
Some High School 11.5%
Other 13.1%

3994 Idaho Way Comps

Sorry, we do not have sufficient data available.

3994 Idaho Way, Shasta Lake, CA 96019 is a single family home of 1,118 sqft. HomeUnion INVESTimateĀ® for 3994 Idaho Way includes a Price Estimate of $197,087 and a Rent Estimate of $1,199. This single family home has 3 bedrooms,2 bathrooms, and was built in 1989. This property has an estimated 15 year annualized Yield of 7.30% and Total Return of 23.08%. The estimated 1 year forecast in home value for 3994 Idaho Way is 7.4%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SHASTA County , or the 96019 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 96017
  2. 96003
  3. 96089
  4. 96001