OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
6425 Meadowlark Rd PROPERTY INFO
FACTS
- Built In 1985
- Price/Sqft : $163.86
CONSTRUCTION
- Beds : 3
- Floor Size : 1,712 sqft
- Baths : 2 Full
6425 Meadowlark Rd SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
WRIGHTWOOD
Neighborhood : WRIGHTWOOD
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 59% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,646 per month.
MY RENT : $1,646 MEDIAN RENT : $1,576
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 $1,646 would therefore be considered affordable for annual household incomes greater than $65,840 (12 months x 3.333 x $1,646).
HOUSEHOLD INCOME RANGE
Approximately 669 of households in this neighborhood have a total annual income of $65,840 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,646 per month.
MINIMUM INCOME RANGE : $65,840
COMMUTE TIME DISTRIBUTION
35% of the working population has a commute time of 15 to 44 minutes, 25% has a commute time of 14 minutes or less and 40% has a commute time of 45 minutes or longer.
WRIGHTWOOD Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 14.0% |
Educational Services | 14.6% |
Health Care & Social Assistance | 8.1% |
Manufacturing | 12.1% |
Public Administration | 7.4% |
Retail & Wholesale Trader | 14.4% |
Other | 29.5% |
AGE DISTRIBUTION
51% of the population is between the ages of 25 and 64, 34% is 24 or younger and 15% is 65 or older.
Age | % Distribution |
---|---|
<15 | 22.6% |
15-19 | 7.8% |
20-24 | 3.8% |
25-44 | 26.5% |
45-65 | 24.2% |
66+ | 15.0% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.4% |
Construction | 10.4% |
Management, Business, & Financial | 13.0% |
Natural Resources Maintenance | 15.2% |
Production & Transportation | 13.0% |
Sales & Office | 19.5% |
Other | 21.4% |
HIGHEST EDUCATION LEVEL
26% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 11.8% |
High School | 22.5% |
Masters Degree | 11.3% |
Some College | 27.4% |
Some High School | 6.1% |
Other | 20.9% |
6425 Meadowlark Rd Comps
6425 Meadowlark Rd, West Cajon Valley, CA 92397 is a single family home of 1,712 sqft. HomeUnion INVESTimateĀ® for 6425 Meadowlark Rd includes a Price Estimate of $280,524 and a Rent Estimate of $1,646. This single family home has 3 bedrooms,2 bathrooms, and was built in 1985. This property has an estimated 15 year annualized Yield of 7.04% and Total Return of 25.50%. The estimated 1 year forecast in home value for 6425 Meadowlark Rd is 7.07%.
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 92397 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2