Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

422 Carson St Planada, CA 95365

2 Beds 1 Baths 823 sqft Built 1945
Last updated:  Jan 23, 2020

INVESTimate

$262,764

$248K - $277K

Price Est.

$1,065

986 - $1.1K

Rent Est.

$298,185  ( +13.48%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1808 ASHBOROUGH WAY SE Marietta, GA
    • 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units 2 beds 2 baths ∙ 1,252 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE fmls
    • 15.60% GROSS YIELD
    • $5,557 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $100,000
    • $32,250
    • $1,300
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,563 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1339 HOLBECH LANE Channelview, TX
    • 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,538 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.73% GROSS YIELD
    • $7,387 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $110,000
    • $34,900
    • $1,350

422 Carson St PROPERTY INFO

FACTS
  • Built In 1945
  • Price/Sqft : $319.28
CONSTRUCTION
  • Beds : 2
  • Floor Size : 823 sqft
  • Baths : 1 Full

422 Carson St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PLANADA ELEMENTARY SCHOOL Primary Regular 513 27 2
CESAR E. CHAVEZ MIDDLE SCHOOL Middle Regular 240 11 3
LE GRAND HIGH SCHOOL High Regular 478 21 4

PLANADA ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 27
2
GreatSchools Rating

CESAR E. CHAVEZ MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 240
  • # of teachers: 11
3
GreatSchools Rating

LE GRAND HIGH SCHOOL

  • Education Level: High
  • # of students: 478
  • # of teachers: 21
4
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

PLANADA

  • 4,866

    POPULATION
  • 1,324

    HOUSEHOLDS
  • 36.6%

    WHITE COLLAR

Neighborhood : PLANADA

HOUSEHOLDS
1,324
POPULATION

4,866

44.0%Renters
56.0%Home Owners
LABOR FORCE

 

36.6%White Collar
63.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,065 per month.

MY RENT : $1,065 MEDIAN RENT : $1,151

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 5.6%
$900-999 7.3%
$1,000-1,499 83.7%
>=$1,500 3.4%
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 $1,065 would therefore be considered affordable for annual household incomes greater than $42,600 (12 months x 3.333 x $1,065).

Rent % Affordability
Above $500 76.1%
Above $700 65.0%
Above $1,100 44.2%
Above $1,500 29.7%
Above $1,900 14.3%
HOUSEHOLD INCOME RANGE

Approximately 496 of households in this neighborhood have a total annual income of $42,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,065 per month.

MINIMUM INCOME RANGE : $42,600

Income % Distribution
<$20K 23.9%
$20K-$35K 19.0%
$35K-$60K 27.4%
$60K-$100K 21.8%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 7.3%
10-14 mins 8.0%
15-19 mins 11.1%
20-29 mins 32.7%
30-44 mins 13.8%
45-59 mins 8.4%
>60 mins 13.2%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 76% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,065 per month.

MY RENT : $1,065 MEDIAN RENT : $1,151

Rent % Distribution
$500-699 0.0%
$700-899 5.6%
$900-999 7.3%
$1,000-1,499 83.7%
>=$1,500 3.4%
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 $1,065 would therefore be considered affordable for annual household incomes greater than $42,600 (12 months x 3.333 x $1,065).

Rent % Affordability
Above $500 76.1%
Above $700 65.0%
Above $1,100 44.2%
Above $1,500 29.7%
Above $1,900 14.3%
HOUSEHOLD INCOME RANGE

Approximately 496 of households in this neighborhood have a total annual income of $42,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,065 per month.

MINIMUM INCOME RANGE : $42,600

Income % Distribution
<$20K 23.9%
$20K-$35K 19.0%
$35K-$60K 27.4%
$60K-$100K 21.8%
>=$100K 7.9%
COMMUTE TIME DISTRIBUTION

58% of the working population has a commute time of 15 to 44 minutes, 21% has a commute time of 14 minutes or less and 22% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.5%
5-9 mins 7.3%
10-14 mins 8.0%
15-19 mins 11.1%
20-29 mins 32.7%
30-44 mins 13.8%
45-59 mins 8.4%
>60 mins 13.2%

PLANADA Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 36.8%
Construction 7.0%
Health Care & Social Assistance 6.4%
Manufacturing 9.8%
Public Administration 4.3%
Retail & Wholesale Trader 14.9%
Other 20.7%
AGE DISTRIBUTION

47% of the population is between the ages of 25 and 64, 41% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 21.9%
15-19 11.2%
20-24 7.5%
25-44 25.3%
45-65 22.1%
66+ 12.0%
OCCUPATION

Occupation % Distribution
Clean 11.7%
Management, Business, & Financial 5.2%
Natural Resources Maintenance 30.2%
Production & Transportation 15.0%
Sales & Office 20.2%
Social 7.6%
Other 10.1%
HIGHEST EDUCATION LEVEL

7% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 5.0%
High School 16.4%
Professional 1.4%
Some College 17.7%
Some High School 54.3%
Other 5.3%

422 Carson St Comps

Sorry, we do not have sufficient data available.

422 Carson St, Planada, CA 95365 is a single family home of 823 sqft. HomeUnion INVESTimateĀ® for 422 Carson St includes a Price Estimate of $262,764 and a Rent Estimate of $1,065. This single family home has 2 bedrooms,1 bathrooms, and was built in 1945. This property has an estimated 15 year annualized Yield of 4.86% and Total Return of 31.84%. The estimated 1 year forecast in home value for 422 Carson St is 13.48%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , MERCED County , or the 95365 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 95333
  2. 95340
  3. 95301
  4. 95341