Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
39998 Grand Ave PROPERTY INFO
FACTS
- Built In 1962
- Price/Sqft : $284.06
CONSTRUCTION
- Beds : 3
- Floor Size : 1,113 sqft
- Baths : 1 Full
39998 Grand Ave SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
El Monte
Neighborhood : El Monte
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,544 per month.
MY RENT : $1,544 MEDIAN RENT : $1,679
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 $1,544 would therefore be considered affordable for annual household incomes greater than $61,760 (12 months x 3.333 x $1,544).
HOUSEHOLD INCOME RANGE
Approximately 6 of households in this neighborhood have a total annual income of $61,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,544 per month.
MINIMUM INCOME RANGE : $61,760
COMMUTE TIME DISTRIBUTION
55% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 23% has a commute time of 45 minutes or longer.
El Monte Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.1% |
| Educational Services | 9.1% |
| Health Care & Social Assistance | 13.6% |
| Manufacturing | 18.2% |
| Retail & Wholesale Trader | 18.2% |
| Transportation | 4.5% |
| Other | 27.3% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 37% is 24 or younger and 11% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.4% |
| 15-19 | 10.9% |
| 20-24 | 8.7% |
| 25-44 | 26.1% |
| 45-65 | 26.1% |
| 66+ | 10.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Healthcare | 6.2% |
| Management, Business, & Financial | 18.8% |
| Natural Resources Maintenance | 6.2% |
| Production & Transportation | 18.8% |
| Protect | 6.2% |
| Sales & Office | 37.5% |
| Other | 6.2% |
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 | 8.6% |
| High School | 31.4% |
| Masters Degree | 5.7% |
| Some College | 28.6% |
| Some High School | 17.1% |
| Other | 8.6% |
39998 Grand Ave Comps
Sorry, we do not have sufficient data available.
39998 Grand Ave, Cherry Valley, CA 92223 is a single family home of 1,113 sqft. HomeUnion INVESTimateĀ® for 39998 Grand Ave includes a Price Estimate of $316,157 and a Rent Estimate of $1,544. This single family home has 3 bedrooms,1 bathrooms, and was built in 1962. This property has an estimated 15 year annualized Yield of 5.86% and Total Return of 22.92%. The estimated 1 year forecast in home value for 39998 Grand Ave is 7.39%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , RIVERSIDE County , or the 92223 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
