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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

560 Suzanne Ct Palo Alto, CA 94306

3 Beds 3 Baths 2,291 sqft Built 1985
Last updated:  Jun 30, 2018

INVESTimate

$3,152,730

$2.98M - $3.32M

Price Est.

$6,370

$5.8K - $6.9K

Rent Est.

$3,451,924  ( +9.49%)   1 YR EST. FORECAST
  
  
  

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560 Suzanne Ct PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $1,376.14
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,291 sqft
  • Baths : 2 Full 1 Half

560 Suzanne Ct SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
JUANA BRIONES ELEMENTARY SCHOOL Primary Regular 416 21 10
TERMAN MIDDLE SCHOOL Middle Regular 662 42 10
HENRY M. GUNN HIGH SCHOOL High Regular 1,854 103 10

JUANA BRIONES ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 416
  • # of teachers: 21
10
GreatSchools Rating

TERMAN MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 662
  • # of teachers: 42
10
GreatSchools Rating

HENRY M. GUNN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,854
  • # of teachers: 103
10
GreatSchools Rating
 

Financial Details

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Neighborhood

Palo Alto Orchards

  • 321

    POPULATION
  • 168

    HOUSEHOLDS
  • 90.6%

    WHITE COLLAR

Neighborhood : Palo Alto Orchards

HOUSEHOLDS
168
POPULATION

321

35.7%Renters
64.3%Home Owners
LABOR FORCE

 

90.6%White Collar
9.4%Blue Collar
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 $6,370 per month.

MY RENT : $6,370 MEDIAN RENT : $5,655

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $6,370 would therefore be considered affordable for annual household incomes greater than $254,800 (12 months x 3.333 x $6,370).

Rent % Affordability
Above $500 89.8%
Above $700 81.0%
Above $1,100 75.0%
Above $1,500 74.3%
Above $1,900 73.8%
HOUSEHOLD INCOME RANGE

Approximately -2 of households in this neighborhood have a total annual income of $254,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $6,370 per month.

MINIMUM INCOME RANGE : $254,800

Income % Distribution
<$20K 10.2%
$20K-$35K 12.0%
$35K-$60K 3.6%
$60K-$100K 10.2%
>=$100K 64.1%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.0%
5-9 mins 7.6%
10-14 mins 16.9%
15-19 mins 29.7%
20-29 mins 18.6%
30-44 mins 7.6%
45-59 mins 4.1%
>60 mins 4.7%
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 $6,370 per month.

MY RENT : $6,370 MEDIAN RENT : $5,655

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $6,370 would therefore be considered affordable for annual household incomes greater than $254,800 (12 months x 3.333 x $6,370).

Rent % Affordability
Above $500 89.8%
Above $700 81.0%
Above $1,100 75.0%
Above $1,500 74.3%
Above $1,900 73.8%
HOUSEHOLD INCOME RANGE

Approximately -2 of households in this neighborhood have a total annual income of $254,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $6,370 per month.

MINIMUM INCOME RANGE : $254,800

Income % Distribution
<$20K 10.2%
$20K-$35K 12.0%
$35K-$60K 3.6%
$60K-$100K 10.2%
>=$100K 64.1%
COMMUTE TIME DISTRIBUTION

56% of the working population has a commute time of 15 to 44 minutes, 35% has a commute time of 14 minutes or less and 9% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 11.0%
5-9 mins 7.6%
10-14 mins 16.9%
15-19 mins 29.7%
20-29 mins 18.6%
30-44 mins 7.6%
45-59 mins 4.1%
>60 mins 4.7%

Palo Alto Orchards Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 5.1%
Educational Services 6.5%
Health Care & Social Assistance 12.5%
Information 9.7%
Manufacturing 10.2%
Professional & Scientific Tech Services 39.8%
Other 16.2%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 21% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 10.3%
15-19 2.8%
20-24 7.8%
25-44 15.3%
45-65 40.5%
66+ 23.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 20.3%
Legal 14.9%
Management, Business, & Financial 35.1%
PCare 4.7%
Production & Transportation 8.8%
Sales & Office 6.1%
Other 10.1%
HIGHEST EDUCATION LEVEL

52% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Doctorate 5.9%
High School 13.0%
Masters Degree 29.1%
Professional 13.0%
Some High School 4.7%
Other 34.3%

560 Suzanne Ct Comps

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560 Suzanne Ct, Palo Alto, CA 94306 is a single family home of 2,291 sqft. HomeUnion INVESTimate® for 560 Suzanne Ct includes a Price Estimate of $3,152,730 and a Rent Estimate of $6,370. This single family home has 3 bedrooms,3 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 2.42% and Total Return of 15.23%. The estimated 1 year forecast in home value for 560 Suzanne Ct is 9.49%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA, SANTA CLARA County, or the 94306 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2