INVESTimate
$118,666
4029 Citrus View Dr PROPERTY INFO
FACTS
- Built In 2003
- Price/Sqft : $294.32
CONSTRUCTION
- Beds : 4
- Floor Size : 1,374 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
4029 Citrus View Dr, Piru, CA 93040 is a single family home of 1,374 sqft. HomeUnion estimate for 4029 Citrus View Dr includes a Price Estimate of $404,401 and a Rent Estimate of $2,609. This single family home has 4 bedrooms, 2 bathrooms, and was built in 2003. This property has an estimated 15 year annualized Yield of 7.74% and Total Return of 26.91%. The estimated 1 year forecast in home value for 4029 Citrus View Dr is 6.73%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
4029 Citrus View Dr SCHOOLS
Financial Details
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PIRU
Neighborhood : PIRU
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 $2,609 per month.
MY RENT : $2,609 MEDIAN RENT : $2,408
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 $2,609 would therefore be considered affordable for annual household incomes greater than $104,360 (12 months x 3.333 x $2,609).
HOUSEHOLD INCOME RANGE
Approximately 40 of households in this neighborhood have a total annual income of $104,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,609 per month.
MINIMUM INCOME RANGE : $104,360
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.
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% |
4029 Citrus View Dr Comps
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