INVESTimate
$73,286
Financial DetailsOTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
5960 Tripp Ln PROPERTY INFO
FACTS
- Built In 1972
- Price/Sqft : $249.63
CONSTRUCTION
- Beds : 2
- Floor Size : 934 sqft
- Baths : 1 Full
5960 Tripp Ln SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
ANGELUS OAKS
Neighborhood : ANGELUS OAKS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 56% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,249 per month.
MY RENT : $1,249 MEDIAN RENT : $1,270
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 $1,249 would therefore be considered affordable for annual household incomes greater than $49,960 (12 months x 3.333 x $1,249).
HOUSEHOLD INCOME RANGE
Approximately 139 of households in this neighborhood have a total annual income of $49,960 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,249 per month.
MINIMUM INCOME RANGE : $49,960
COMMUTE TIME DISTRIBUTION
63% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
ANGELUS OAKS Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 17.1% |
| Educational Services | 19.3% |
| Financial Industries | 7.2% |
| Health Care & Social Assistance | 13.3% |
| Public Administration | 8.3% |
| Retail & Wholesale Trader | 8.8% |
| Other | 26.0% |
AGE DISTRIBUTION
56% of the population is between the ages of 25 and 64, 20% is 24 or younger and 24% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 9.3% |
| 15-19 | 5.6% |
| 20-24 | 5.2% |
| 25-44 | 17.4% |
| 45-65 | 38.2% |
| 66+ | 24.3% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Adesm | 10.3% |
| Construction | 18.4% |
| Healthcare | 12.5% |
| Management, Business, & Financial | 11.0% |
| Protect | 7.4% |
| Sales & Office | 19.9% |
| Other | 20.6% |
HIGHEST EDUCATION LEVEL
34% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 7.9% |
| High School | 13.1% |
| Masters Degree | 22.4% |
| Some College | 30.3% |
| Some High School | 3.8% |
| Other | 22.4% |
5960 Tripp Ln Comps
Sorry, we do not have sufficient data available.
5960 Tripp Ln, Angelus Oaks, CA 92305 is a single family home of 934 sqft. HomeUnion INVESTimateĀ® for 5960 Tripp Ln includes a Price Estimate of $233,154 and a Rent Estimate of $1,249. This single family home has 2 bedrooms,1 bathrooms, and was built in 1972. This property has an estimated 15 year annualized Yield of 6.43% and Total Return of 24.64%. The estimated 1 year forecast in home value for 5960 Tripp Ln is 8.07%.
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 92305 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
