6109 Cedar Ave PROPERTY INFO
FACTS
- Built In 1991
- Price/Sqft : $222.60
CONSTRUCTION
- Beds : 3
- Floor Size : 1,671 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
6109 Cedar Ave, Angelus Oaks, CA 92305 is a single family home of 1,671 sqft. HomeUnion estimate for 6109 Cedar Ave includes a Price Estimate of $371,968 and a Rent Estimate of $1,802. This single family home has 3 bedrooms, 2 bathrooms, and was built in 1991. This property has an estimated 15 year annualized Yield of 5.81% and Total Return of 24.50%. The estimated 1 year forecast in home value for 6109 Cedar Ave is 8.07%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
6109 Cedar Ave SCHOOLS
Financial Details
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ANGELUS OAKS
Neighborhood : ANGELUS OAKS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 33% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,802 per month.
MY RENT : $1,802 MEDIAN RENT : $1,280
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 $1,802 would therefore be considered affordable for annual household incomes greater than $72,080 (12 months x 3.333 x $1,802).
HOUSEHOLD INCOME RANGE
Approximately 83 of households in this neighborhood have a total annual income of $72,080 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,802 per month.
MINIMUM INCOME RANGE : $72,080
COMMUTE TIME DISTRIBUTION
66% of the working population has a commute time of 15 to 44 minutes, 13% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
ANGELUS OAKS Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 14.1% |
Educational Services | 21.6% |
Financial Industries | 5.9% |
Health Care & Social Assistance | 11.9% |
Public Administration | 7.0% |
Retail & Wholesale Trader | 12.4% |
Other | 27.0% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 22% is 24 or younger and 23% is 65 or older.
Age | % Distribution |
---|---|
<15 | 13.1% |
15-19 | 2.4% |
20-24 | 6.0% |
25-44 | 20.1% |
45-65 | 35.2% |
66+ | 23.1% |
OCCUPATION
Occupation | % Distribution |
---|---|
Adesm | 6.1% |
Construction | 25.2% |
Healthcare | 8.7% |
Management, Business, & Financial | 12.2% |
Protect | 8.7% |
Sales & Office | 20.9% |
Other | 18.3% |
HIGHEST EDUCATION LEVEL
30% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 7.3% |
High School | 20.2% |
Masters Degree | 21.8% |
Some College | 27.5% |
Some High School | 5.4% |
Other | 17.8% |
6109 Cedar Ave Comps
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