INVESTimate
$110,836
6211 Oak Ave PROPERTY INFO
FACTS
- Built In 1986
- Price/Sqft : $264.73
CONSTRUCTION
- Beds : 2
- Floor Size : 1,416 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
6211 Oak Ave, Angelus Oaks, CA 92305 is a single family home of 1,416 sqft. HomeUnion estimate for 6211 Oak Ave includes a Price Estimate of $374,852 and a Rent Estimate of $1,608. This single family home has 2 bedrooms, 2 bathrooms, and was built in 1986. This property has an estimated 15 year annualized Yield of 5.15% and Total Return of 22.61%. The estimated 1 year forecast in home value for 6211 Oak Ave is 8.07%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
6211 Oak Ave SCHOOLS
Financial Details
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ANGELUS OAKS
Neighborhood : ANGELUS OAKS
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 32% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,608 per month.
MY RENT : $1,608 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 $1,608 would therefore be considered affordable for annual household incomes greater than $64,320 (12 months x 3.333 x $1,608).
HOUSEHOLD INCOME RANGE
Approximately 107 of households in this neighborhood have a total annual income of $64,320 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,608 per month.
MINIMUM INCOME RANGE : $64,320
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% |
6211 Oak Ave Comps
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