INVESTimate
$189,447
Financial Details6416 Crafton Ave PROPERTY INFO
FACTS
- Built In 1953
- Price/Sqft : $900.13
CONSTRUCTION
- Beds : 4
- Floor Size : 746 sqft
- Baths : 2 Full
PROPERTY DESCRIPTION
6416 Crafton Ave, Bell, CA 90201 is a single family home of 746 sqft. HomeUnion estimate for 6416 Crafton Ave includes a Price Estimate of $671,498 and a Rent Estimate of $2,034. This single family home has 4 bedrooms, 2 bathrooms, and was built in 1953. This property has an estimated 15 year annualized Yield of 3.63% and Total Return of 19.77%. The estimated 1 year forecast in home value for 6416 Crafton Ave is 9.55%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
6416 Crafton Ave SCHOOLS
Financial Details
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Bell
Neighborhood : Bell
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 100% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,034 per month.
MY RENT : $2,034 MEDIAN RENT : $2,352
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 $2,034 would therefore be considered affordable for annual household incomes greater than $81,360 (12 months x 3.333 x $2,034).
HOUSEHOLD INCOME RANGE
Approximately 954 of households in this neighborhood have a total annual income of $81,360 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,034 per month.
MINIMUM INCOME RANGE : $81,360
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
Bell Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 9.8% |
| Educational Services | 6.6% |
| Health Care & Social Assistance | 9.7% |
| Manufacturing | 15.0% |
| Retail & Wholesale Trader | 21.5% |
| Transportation | 9.3% |
| Other | 28.0% |
AGE DISTRIBUTION
50% of the population is between the ages of 25 and 64, 42% is 24 or younger and 8% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 24.9% |
| 15-19 | 8.8% |
| 20-24 | 8.8% |
| 25-44 | 28.8% |
| 45-65 | 20.7% |
| 66+ | 8.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Clean | 4.3% |
| Education | 4.0% |
| Management, Business, & Financial | 5.0% |
| Natural Resources Maintenance | 11.2% |
| Production & Transportation | 32.7% |
| Sales & Office | 28.1% |
| Other | 14.6% |
HIGHEST EDUCATION LEVEL
6% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 5.2% |
| High School | 20.3% |
| Masters Degree | 0.8% |
| Some College | 14.6% |
| Some High School | 52.8% |
| Other | 6.3% |
6416 Crafton Ave Comps
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