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This page contains aggregated information about each property, 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 about INVESTimate

668 Toyon Pl Palo Alto, CA 94306

5 Beds 5 Baths 2,355 sqft Built 2019
Last updated:  Dec 26, 2019

INVESTimate

$4,046,423

$3.44M - $4.65M

Price Est.

$6,985

$6.3K - $7.7K

Rent Est.

$4,473,321  ( +10.55%)   1 YR EST. FORECAST
  
  
  

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668 Toyon Pl PROPERTY INFO

FACTS
  • Built In 2019
  • Price/Sqft : $1,718.23
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,355 sqft
  • Baths : 4 Full 1 Half

668 Toyon Pl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
EL CARMELO ELEMENTARY SCHOOL Primary Regular 415 19 10
JANE LATHROP STANFORD MIDDLE SCHOOL Middle Regular 1,003 63 10
HENRY M. GUNN HIGH SCHOOL High Regular 1,854 103 10

EL CARMELO ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 415
  • # of teachers: 19
10
GreatSchools Rating

JANE LATHROP STANFORD MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,003
  • # of teachers: 63
10
GreatSchools Rating

HENRY M. GUNN HIGH SCHOOL

  • Education Level: High
  • # of students: 1,854
  • # of teachers: 103
10
GreatSchools Rating
 

Financial Details

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Neighborhood

South of Midtown

  • 3,440

    POPULATION
  • 1,179

    HOUSEHOLDS
  • 91.0%

    WHITE COLLAR

Neighborhood : South of Midtown

HOUSEHOLDS
1,179
POPULATION

3,440

39.9%Renters
60.1%Home Owners
LABOR FORCE

 

91.0%White Collar
9.0%Blue Collar
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 $6,985 per month.

MY RENT : $6,985 MEDIAN RENT : $5,687

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $6,985 would therefore be considered affordable for annual household incomes greater than $279,400 (12 months x 3.333 x $6,985).

Rent % Affordability
Above $500 93.2%
Above $700 85.7%
Above $1,100 79.7%
Above $1,500 71.1%
Above $1,900 68.4%
HOUSEHOLD INCOME RANGE

Approximately -79 of households in this neighborhood have a total annual income of $279,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $6,985 per month.

MINIMUM INCOME RANGE : $279,400

Income % Distribution
<$20K 6.8%
$20K-$35K 10.5%
$35K-$60K 11.6%
$60K-$100K 14.4%
>=$100K 56.7%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.6%
10-14 mins 21.0%
15-19 mins 22.3%
20-29 mins 29.1%
30-44 mins 11.5%
45-59 mins 2.4%
>60 mins 4.2%
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 $6,985 per month.

MY RENT : $6,985 MEDIAN RENT : $5,687

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 0.0%
>=$1,500 100.0%
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 $6,985 would therefore be considered affordable for annual household incomes greater than $279,400 (12 months x 3.333 x $6,985).

Rent % Affordability
Above $500 93.2%
Above $700 85.7%
Above $1,100 79.7%
Above $1,500 71.1%
Above $1,900 68.4%
HOUSEHOLD INCOME RANGE

Approximately -79 of households in this neighborhood have a total annual income of $279,400 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $6,985 per month.

MINIMUM INCOME RANGE : $279,400

Income % Distribution
<$20K 6.8%
$20K-$35K 10.5%
$35K-$60K 11.6%
$60K-$100K 14.4%
>=$100K 56.7%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 7% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 9.6%
10-14 mins 21.0%
15-19 mins 22.3%
20-29 mins 29.1%
30-44 mins 11.5%
45-59 mins 2.4%
>60 mins 4.2%

South of Midtown Demographics

INDUSTRY

Industry % Distribution
Educational Services 18.8%
Health Care & Social Assistance 12.5%
Information 13.2%
Manufacturing 10.8%
Professional & Scientific Tech Services 23.8%
Retail & Wholesale Trader 4.5%
Other 16.3%
AGE DISTRIBUTION

51% of the population is between the ages of 25 and 64, 35% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 22.2%
15-19 7.6%
20-24 5.3%
25-44 25.3%
45-65 25.3%
66+ 14.3%
OCCUPATION

Occupation % Distribution
Adesm 4.2%
Computer Engineering 29.1%
Construction 11.7%
Management, Business, & Financial 29.4%
Natural Resources Maintenance 3.8%
Sales & Office 10.8%
Other 10.9%
HIGHEST EDUCATION LEVEL

54% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 4.8%
Doctorate 13.2%
Masters Degree 30.9%
Professional 5.6%
Some College 12.2%
Other 33.3%

668 Toyon Pl Comps

Sorry, we do not have sufficient data available.

668 Toyon Pl, Palo Alto, CA 94306 is a single family home of 2,355 sqft. HomeUnion INVESTimateĀ® for 668 Toyon Pl includes a Price Estimate of $4,046,423 and a Rent Estimate of $6,985. This single family home has 5 bedrooms,5 bathrooms, and was built in 2019. This property has an estimated 15 year annualized Yield of 2.07% and Total Return of 20.34%. The estimated 1 year forecast in home value for 668 Toyon Pl is 10.55%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , SANTA CLARA County , or the 94306 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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