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7911 Rockwell Ave PROPERTY INFO
FACTS
- Built In 1954
- Price/Sqft : $444.57
CONSTRUCTION
- Beds : 3
- Floor Size : 1,476 sqft
- Baths : 2 Full
7911 Rockwell Ave SCHOOLS
Financial Details
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Midway City
Neighborhood : Midway City
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 $2,922 per month.
MY RENT : $2,922 MEDIAN RENT : $2,733
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 $2,922 would therefore be considered affordable for annual household incomes greater than $116,880 (12 months x 3.333 x $2,922).
HOUSEHOLD INCOME RANGE
Approximately 384 of households in this neighborhood have a total annual income of $116,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,922 per month.
MINIMUM INCOME RANGE : $116,880
COMMUTE TIME DISTRIBUTION
67% of the working population has a commute time of 15 to 44 minutes, 16% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.
Midway City Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Administrative Support | 4.1% |
| Arts & Entertainment | 18.5% |
| Health Care & Social Assistance | 13.2% |
| Manufacturing | 15.6% |
| Professional & Scientific Tech Services | 6.4% |
| Retail & Wholesale Trader | 13.5% |
| Other | 28.6% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 32% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 17.8% |
| 15-19 | 6.2% |
| 20-24 | 8.4% |
| 25-44 | 27.6% |
| 45-65 | 27.0% |
| 66+ | 13.0% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 9.4% |
| Management, Business, & Financial | 13.1% |
| Natural Resources Maintenance | 7.3% |
| PCare | 6.7% |
| Production & Transportation | 16.3% |
| Sales & Office | 28.1% |
| Other | 19.1% |
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 | 10.5% |
| High School | 19.9% |
| Masters Degree | 2.6% |
| Some College | 22.4% |
| Some High School | 23.3% |
| Other | 21.3% |
7911 Rockwell Ave Comps
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7911 Rockwell Ave, Midway City, CA 92655 is a single family home of 1,476 sqft. HomeUnion INVESTimateĀ® for 7911 Rockwell Ave includes a Price Estimate of $656,182 and a Rent Estimate of $2,922. This single family home has 3 bedrooms,2 bathrooms, and was built in 1954. This property has an estimated 15 year annualized Yield of 5.34% and Total Return of 22.40%. The estimated 1 year forecast in home value for 7911 Rockwell Ave is 7.43%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , ORANGE County , or the 92655 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
