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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

57715 Highway 58 Mc Kittrick, CA 93251

3 Beds 1 Baths 1,300 sqft Built 1958
Last updated:  Jan 23, 2020

INVESTimate

$122,374

$117K - $128K

Price Est.

$997

922 - $1.1K

Rent Est.

$129,227  ( +5.6%)   1 YR EST. FORECAST
  
  
  

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57715 Highway 58 PROPERTY INFO

FACTS
  • Built In 1958
  • Price/Sqft : $94.13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,300 sqft
  • Baths : 1 Full

57715 Highway 58 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
MCKITTRICK ELEMENTARY SCHOOL Primary Regular 74 5 6
MCKITTRICK ELEMENTARY SCHOOL Middle Regular 74 5 6
TAFT UNION HIGH SCHOOL High Regular 960 65 4

MCKITTRICK ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 74
  • # of teachers: 5
6
GreatSchools Rating

MCKITTRICK ELEMENTARY SCHOOL

  • Education Level: Middle
  • # of students: 74
  • # of teachers: 5
6
GreatSchools Rating

TAFT UNION HIGH SCHOOL

  • Education Level: High
  • # of students: 960
  • # of teachers: 65
4
GreatSchools Rating
 

Financial Details

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Neighborhood

MC KITTRICK

  • 344

    POPULATION
  • 96

    HOUSEHOLDS
  • 20.6%

    WHITE COLLAR

Neighborhood : MC KITTRICK

HOUSEHOLDS
96
POPULATION

344

47.3%Renters
52.7%Home Owners
LABOR FORCE

 

20.6%White Collar
79.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $997 per month.

MY RENT : $997 MEDIAN RENT : $791

Rent % Distribution LEVEL
$500-699 10.0%
$700-899 57.5%
$900-999 7.5%
$1,000-1,499 25.0%
>=$1,500 0.0%
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 $997 would therefore be considered affordable for annual household incomes greater than $39,880 (12 months x 3.333 x $997).

Rent % Affordability
Above $500 80.4%
Above $700 64.9%
Above $1,100 41.2%
Above $1,500 29.9%
Above $1,900 24.2%
HOUSEHOLD INCOME RANGE

Approximately 36 of households in this neighborhood have a total annual income of $39,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $997 per month.

MINIMUM INCOME RANGE : $39,880

Income % Distribution
<$20K 19.6%
$20K-$35K 27.8%
$35K-$60K 22.7%
$60K-$100K 17.5%
>=$100K 12.4%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 7.9%
10-14 mins 15.0%
15-19 mins 24.4%
20-29 mins 31.5%
30-44 mins 12.6%
45-59 mins 3.1%
>60 mins 3.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 25% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $997 per month.

MY RENT : $997 MEDIAN RENT : $791

Rent % Distribution
$500-699 10.0%
$700-899 57.5%
$900-999 7.5%
$1,000-1,499 25.0%
>=$1,500 0.0%
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 $997 would therefore be considered affordable for annual household incomes greater than $39,880 (12 months x 3.333 x $997).

Rent % Affordability
Above $500 80.4%
Above $700 64.9%
Above $1,100 41.2%
Above $1,500 29.9%
Above $1,900 24.2%
HOUSEHOLD INCOME RANGE

Approximately 36 of households in this neighborhood have a total annual income of $39,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $997 per month.

MINIMUM INCOME RANGE : $39,880

Income % Distribution
<$20K 19.6%
$20K-$35K 27.8%
$35K-$60K 22.7%
$60K-$100K 17.5%
>=$100K 12.4%
COMMUTE TIME DISTRIBUTION

69% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.6%
5-9 mins 7.9%
10-14 mins 15.0%
15-19 mins 24.4%
20-29 mins 31.5%
30-44 mins 12.6%
45-59 mins 3.1%
>60 mins 3.9%

MC KITTRICK Demographics

INDUSTRY

Industry % Distribution
Administrative Support 5.6%
Agriculture, Fishing & Game 51.2%
Arts & Entertainment 11.2%
Construction 4.8%
Manufacturing 4.8%
Retail & Wholesale Trader 7.2%
Other 15.2%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 44% is 24 or younger and 8% is 65 or older.

Age % Distribution
<15 28.2%
15-19 7.6%
20-24 8.7%
25-44 27.9%
45-65 20.1%
66+ 7.6%
OCCUPATION

Occupation % Distribution
Education 3.7%
Management, Business, & Financial 3.7%
Natural Resources Maintenance 51.9%
Production & Transportation 14.8%
Protect 3.7%
Sales & Office 13.6%
Other 8.6%
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 6.5%
High School 30.8%
Masters Degree 0.5%
Some College 17.9%
Some High School 39.8%
Other 4.5%

57715 Highway 58 Comps

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57715 Highway 58, Mc Kittrick, CA 93251 is a single family home of 1,300 sqft. HomeUnion INVESTimateĀ® for 57715 Highway 58 includes a Price Estimate of $122,374 and a Rent Estimate of $997. This single family home has 3 bedrooms,1 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 9.78% and Total Return of 24.25%. The estimated 1 year forecast in home value for 57715 Highway 58 is 5.6%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , KERN County , or the 93251 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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