1. < Hwy 138

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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

4550 Hwy 138 Phelan, CA 92397

2 Beds 2 Baths 2,110 sqft Built 1965
Last updated:  Jan 23, 2020

INVESTimate

$505,639

$491K - $520K

Price Est.

$1,707

$1.6K - $1.8K

Rent Est.

$145,494

Investment Est.

$541,388  ( +7.07%)   1 YR EST. FORECAST

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4550 Hwy 138 PROPERTY INFO

FACTS
  • Built In 1965
  • Price/Sqft : $239.64
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,110 sqft
  • Baths : 2 Full

4550 Hwy 138 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PINON HILLS ELEMENTARY SCHOOL Primary Regular 432 15 7
PINON MESA MIDDLE SCHOOL Middle Regular 799 33 5
SERRANO HIGH SCHOOL High Regular 2,477 91 7

PINON HILLS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 432
  • # of teachers: 15
7
GreatSchools Rating

PINON MESA MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 799
  • # of teachers: 33
5
GreatSchools Rating

SERRANO HIGH SCHOOL

  • Education Level: High
  • # of students: 2,477
  • # of teachers: 91
7
GreatSchools Rating
 

Financial Details

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Neighborhood

WRIGHTWOOD

  • 4,775

    POPULATION

  • 1,815

    HOUSEHOLDS

  • 60.1%

    WHITE COLLAR

Neighborhood : WRIGHTWOOD

HOUSEHOLDS
1,815
POPULATION

4,775

34.4%Renters
65.6%Home Owners
LABOR FORCE

 

60.1%White Collar
39.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,707 per month.

MY RENT : $1,707 MEDIAN RENT : $1,576

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.4%
$900-999 0.9%
$1,000-1,499 39.6%
>=$1,500 59.1%
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 $1,707 would therefore be considered affordable for annual household incomes greater than $68,280 (12 months x 3.333 x $1,707).

Rent % Affordability
Above $500 86.5%
Above $700 76.3%
Above $1,100 62.3%
Above $1,500 51.2%
Above $1,900 42.7%
HOUSEHOLD INCOME RANGE

Approximately 659 of households in this neighborhood have a total annual income of $68,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,707 per month.

MINIMUM INCOME RANGE : $68,280

Income % Distribution
<$20K 13.5%
$20K-$35K 16.2%
$35K-$60K 19.1%
$60K-$100K 21.9%
>=$100K 29.3%
COMMUTE TIME DISTRIBUTION

35% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 11.0%
10-14 mins 6.9%
15-19 mins 5.9%
20-29 mins 3.2%
30-44 mins 25.8%
45-59 mins 22.1%
>60 mins 18.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,707 per month.

MY RENT : $1,707 MEDIAN RENT : $1,576

Rent % Distribution
$500-699 0.0%
$700-899 0.4%
$900-999 0.9%
$1,000-1,499 39.6%
>=$1,500 59.1%
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 $1,707 would therefore be considered affordable for annual household incomes greater than $68,280 (12 months x 3.333 x $1,707).

Rent % Affordability
Above $500 86.5%
Above $700 76.3%
Above $1,100 62.3%
Above $1,500 51.2%
Above $1,900 42.7%
HOUSEHOLD INCOME RANGE

Approximately 659 of households in this neighborhood have a total annual income of $68,280 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,707 per month.

MINIMUM INCOME RANGE : $68,280

Income % Distribution
<$20K 13.5%
$20K-$35K 16.2%
$35K-$60K 19.1%
$60K-$100K 21.9%
>=$100K 29.3%
COMMUTE TIME DISTRIBUTION

35% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 7.1%
5-9 mins 11.0%
10-14 mins 6.9%
15-19 mins 5.9%
20-29 mins 3.2%
30-44 mins 25.8%
45-59 mins 22.1%
>60 mins 18.0%
WRIGHTWOOD Demographics
INDUSTRY

           

Industry % Distribution
Arts & Entertainment 14.0%
Educational Services 14.6%
Health Care & Social Assistance 8.1%
Manufacturing 12.1%
Public Administration 7.4%
Retail & Wholesale Trader 14.4%
Other 29.5%
OCCUPATION

           

Occupation % Distribution
Computer Engineering 7.4%
Construction 10.4%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 15.2%
Production & Transportation 13.0%
Sales & Office 19.5%
Other 21.4%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 22.6%
15-19 7.8%
20-24 3.8%
25-44 26.5%
45-65 24.2%
66+ 15.0%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 11.8%
High School 22.5%
Masters Degree 11.3%
Some College 27.4%
Some High School 6.1%
Other 20.9%

WRIGHTWOOD Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 14.0%
Educational Services 14.6%
Health Care & Social Assistance 8.1%
Manufacturing 12.1%
Public Administration 7.4%
Retail & Wholesale Trader 14.4%
Other 29.5%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 34% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 22.6%
15-19 7.8%
20-24 3.8%
25-44 26.5%
45-65 24.2%
66+ 15.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.4%
Construction 10.4%
Management, Business, & Financial 13.0%
Natural Resources Maintenance 15.2%
Production & Transportation 13.0%
Sales & Office 19.5%
Other 21.4%
HIGHEST EDUCATION LEVEL

26% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 11.8%
High School 22.5%
Masters Degree 11.3%
Some College 27.4%
Some High School 6.1%
Other 20.9%

4550 Hwy 138 Comps

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4550 Hwy 138, Phelan, CA 92397 is a single family home of 2,110 sqft. HomeUnion INVESTimateĀ® for 4550 Hwy 138 includes a Price Estimate of $505,639 and a Rent Estimate of $1,707. This single family home has 2 bedrooms,2 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 4.05% and Total Return of 18.87%. The estimated 1 year forecast in home value for 4550 Hwy 138 is 7.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SAN BERNARDINO County , or the 92397 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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