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42823 Coolcrest Dr PROPERTY INFO
FACTS
- Built In 1989
- Price/Sqft : $152.50
CONSTRUCTION
- Beds : 5
- Floor Size : 2,611 sqft
- Baths : 3 Full
42823 Coolcrest Dr SCHOOLS
Financial Details
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LAKE HUGHES
Neighborhood : LAKE HUGHES
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 88% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,554 per month.
MY RENT : $2,554 MEDIAN RENT : $1,904
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 $2,554 would therefore be considered affordable for annual household incomes greater than $102,160 (12 months x 3.333 x $2,554).
HOUSEHOLD INCOME RANGE
Approximately 167 of households in this neighborhood have a total annual income of $102,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,554 per month.
MINIMUM INCOME RANGE : $102,160
COMMUTE TIME DISTRIBUTION
52% of the working population has a commute time of 15 to 44 minutes, 11% has a commute time of 14 minutes or less and 37% has a commute time of 45 minutes or longer.
LAKE HUGHES Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.1% |
| Construction | 10.5% |
| Health Care & Social Assistance | 8.0% |
| Manufacturing | 15.6% |
| Professional & Scientific Tech Services | 9.4% |
| Retail & Wholesale Trader | 9.9% |
| Other | 37.5% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 29% is 24 or younger and 16% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.2% |
| 15-19 | 9.9% |
| 20-24 | 3.5% |
| 25-44 | 19.7% |
| 45-65 | 35.7% |
| 66+ | 15.9% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Computer Engineering | 6.2% |
| Management, Business, & Financial | 12.8% |
| Natural Resources Maintenance | 17.2% |
| PCare | 8.2% |
| Production & Transportation | 9.7% |
| Sales & Office | 27.4% |
| Other | 18.5% |
HIGHEST EDUCATION LEVEL
16% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 8.8% |
| High School | 36.0% |
| Masters Degree | 4.9% |
| Some College | 30.2% |
| Some High School | 9.1% |
| Other | 11.0% |
42823 Coolcrest Dr Comps
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42823 Coolcrest Dr, Elizabeth Lake, CA 93532 is a single family home of 2,611 sqft. HomeUnion INVESTimateĀ® for 42823 Coolcrest Dr includes a Price Estimate of $398,180 and a Rent Estimate of $2,554. This single family home has 5 bedrooms,3 bathrooms, and was built in 1989. This property has an estimated 15 year annualized Yield of 7.70% and Total Return of 41.30%. The estimated 1 year forecast in home value for 42823 Coolcrest Dr is 12.59%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , LOS ANGELES County , or the 93532 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
