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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.

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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.

62 Aussie Way Berry Creek, CA 95916

4 Beds 2 Baths 1,600 sqft Built 1985
Last updated:  Jan 23, 2020

INVESTimate

$248,554

$212K - $285K

Price Est.

$1,317

$1.2K - $1.4K

Rent Est.

$267,444  ( +7.6%)   1 YR EST. FORECAST

62 Aussie Way PROPERTY INFO

FACTS
  • Built In 1985
  • Price/Sqft : $155.35
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,600 sqft
  • Baths : 2 Full
PROPERTY DESCRIPTION
62 Aussie Way, Berry Creek, CA 95916 is a single family home of 1,600 sqft. HomeUnion estimate for 62 Aussie Way includes a Price Estimate of $248,554 and a Rent Estimate of $1,317. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 6.36% and Total Return of 22.92%. The estimated 1 year forecast in home value for 62 Aussie Way is 7.6%.
  
  
  

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62 Aussie Way 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 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,317 per month.

MY RENT : $1,317 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 $1,317 would therefore be considered affordable for annual household incomes greater than $52,680 (12 months x 3.333 x $1,317).

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 134 of households in this neighborhood have a total annual income of $52,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,317 per month.

MINIMUM INCOME RANGE : $52,680

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 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,317 per month.

MY RENT : $1,317 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 $1,317 would therefore be considered affordable for annual household incomes greater than $52,680 (12 months x 3.333 x $1,317).

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 134 of households in this neighborhood have a total annual income of $52,680 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,317 per month.

MINIMUM INCOME RANGE : $52,680

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%

62 Aussie Way Comps

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Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , BUTTE County , or the 95916 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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