INVESTimate
$118,594
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502 Via Fustero PROPERTY INFO
FACTS
- Built In 1965
- Price/Sqft : $348.39
CONSTRUCTION
- Beds : 3
- Floor Size : 1,160 sqft
- Baths : 2 Full
502 Via Fustero 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 $2,436 per month.
MY RENT : $2,436 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 $2,436 would therefore be considered affordable for annual household incomes greater than $97,440 (12 months x 3.333 x $2,436).
HOUSEHOLD INCOME RANGE
Approximately 74 of households in this neighborhood have a total annual income of $97,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,436 per month.
MINIMUM INCOME RANGE : $97,440
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% |
502 Via Fustero Comps
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502 Via Fustero, Piru, CA 93040 is a single family home of 1,160 sqft. HomeUnion INVESTimateĀ® for 502 Via Fustero includes a Price Estimate of $404,129 and a Rent Estimate of $2,436. This single family home has 3 bedrooms,2 bathrooms, and was built in 1965. This property has an estimated 15 year annualized Yield of 7.23% and Total Return of 25.25%. The estimated 1 year forecast in home value for 502 Via Fustero is 6.73%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , VENTURA County , or the 93040 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
