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This page contains information about each property aggregated from public data sources, 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.

58 Oak Dr Berry Creek, CA 95916

2 Beds 3 Baths 1,578 sqft Built 1982
Last updated:  Jan 23, 2020

INVESTimate

$227,757

$194K - $261K

Price Est.

$1,244

$1.2K - $1.3K

Rent Est.

$245,067  ( +7.6%)   1 YR EST. FORECAST

58 Oak Dr PROPERTY INFO

FACTS
  • Built In 1982
  • Price/Sqft : $144.33
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,578 sqft
  • Baths : 2 Full 1 Half
PROPERTY DESCRIPTION
58 Oak Dr, Berry Creek, CA 95916 is a single family home of 1,578 sqft. HomeUnion estimate for 58 Oak Dr includes a Price Estimate of $227,757 and a Rent Estimate of $1,244. This single family home has 2 bedrooms, 3 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 6.55% and Total Return of 22.67%. The estimated 1 year forecast in home value for 58 Oak Dr is 7.6%.
  
  
  

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58 Oak Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LAS PLUMAS HIGH SCHOOL High Regular 1,263 52 NA

LAS PLUMAS HIGH SCHOOL

  • Education Level: High
  • # of students: 1,263
  • # of teachers: 52
-1
GreatSchools Rating
 

Financial Details

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Neighborhood

BERRY CREEK

  • 1,303

    POPULATION
  • 573

    HOUSEHOLDS
  • 54.3%

    WHITE COLLAR

Neighborhood : BERRY CREEK

HOUSEHOLDS
573
POPULATION

1,303

19.1%Renters
80.9%Home Owners
LABOR FORCE

 

54.3%White Collar
45.7%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,244 per month.

MY RENT : $1,244 MEDIAN RENT : $1,099

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 16.9%
$900-999 20.5%
$1,000-1,499 43.0%
>=$1,500 19.6%
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 $1,244 would therefore be considered affordable for annual household incomes greater than $49,760 (12 months x 3.333 x $1,244).

Rent % Affordability
Above $500 71.9%
Above $700 59.3%
Above $1,100 36.4%
Above $1,500 19.6%
Above $1,900 15.7%
HOUSEHOLD INCOME RANGE

Approximately 142 of households in this neighborhood have a total annual income of $49,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,244 per month.

MINIMUM INCOME RANGE : $49,760

Income % Distribution
<$20K 28.1%
$20K-$35K 22.6%
$35K-$60K 29.7%
$60K-$100K 9.5%
>=$100K 10.1%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 9.7%
10-14 mins 2.3%
15-19 mins 4.3%
20-29 mins 19.7%
30-44 mins 31.1%
45-59 mins 10.7%
>60 mins 18.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,244 per month.

MY RENT : $1,244 MEDIAN RENT : $1,099

Rent % Distribution
$500-699 0.0%
$700-899 16.9%
$900-999 20.5%
$1,000-1,499 43.0%
>=$1,500 19.6%
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 $1,244 would therefore be considered affordable for annual household incomes greater than $49,760 (12 months x 3.333 x $1,244).

Rent % Affordability
Above $500 71.9%
Above $700 59.3%
Above $1,100 36.4%
Above $1,500 19.6%
Above $1,900 15.7%
HOUSEHOLD INCOME RANGE

Approximately 142 of households in this neighborhood have a total annual income of $49,760 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,244 per month.

MINIMUM INCOME RANGE : $49,760

Income % Distribution
<$20K 28.1%
$20K-$35K 22.6%
$35K-$60K 29.7%
$60K-$100K 9.5%
>=$100K 10.1%
COMMUTE TIME DISTRIBUTION

55% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 29% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 9.7%
10-14 mins 2.3%
15-19 mins 4.3%
20-29 mins 19.7%
30-44 mins 31.1%
45-59 mins 10.7%
>60 mins 18.1%

BERRY CREEK Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.0%
Construction 11.9%
Educational Services 7.9%
Health Care & Social Assistance 16.1%
Professional & Scientific Tech Services 8.2%
Transportation 7.6%
Other 39.3%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 15% is 24 or younger and 29% is 65 or older.

Age % Distribution
<15 7.3%
15-19 3.9%
20-24 3.7%
25-44 19.1%
45-65 37.1%
66+ 28.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.1%
Healthcare 6.1%
Management, Business, & Financial 17.6%
Natural Resources Maintenance 9.5%
Production & Transportation 15.5%
Sales & Office 25.0%
Other 20.3%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.0%
High School 37.0%
Masters Degree 3.2%
Some College 26.6%
Some High School 15.0%
Other 8.2%

58 Oak Dr Comps

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