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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

8172 Worthy Dr Midway City, CA 92655

3 Beds 2 Baths 1,009 sqft Built 1958
Last updated:  Jan 23, 2020

INVESTimate

$636,936

$594K - $680K

Price Est.

$2,591

$2.3K - $2.9K

Rent Est.

$678,910  ( +6.59%)   1 YR EST. FORECAST
  
  
  

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8172 Worthy Dr PROPERTY INFO

FACTS
  • Built In 1958
  • Price/Sqft : $631.25
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,009 sqft
  • Baths : 1 Full 1 Half

8172 Worthy Dr SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
STAR VIEW ELEMENTARY SCHOOL Primary Regular 572 23 9
VISTA VIEW MIDDLE SCHOOL Middle Regular 739 32 8
OCEAN VIEW HIGH SCHOOL High Magnet 1,482 58 7

STAR VIEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 572
  • # of teachers: 23
9
GreatSchools Rating

VISTA VIEW MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 739
  • # of teachers: 32
8
GreatSchools Rating

OCEAN VIEW HIGH SCHOOL

  • Education Level: High
  • # of students: 1,482
  • # of teachers: 58
7
GreatSchools Rating
 

Financial Details

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Neighborhood

Westminster

  • 92,220

    POPULATION
  • 27,593

    HOUSEHOLDS
  • 58.3%

    WHITE COLLAR

Neighborhood : Westminster

HOUSEHOLDS
27,593
POPULATION

92,220

49.6%Renters
50.4%Home Owners
LABOR FORCE

 

58.3%White Collar
41.7%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 $2,591 per month.

MY RENT : $2,591 MEDIAN RENT : $2,946

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 $2,591 would therefore be considered affordable for annual household incomes greater than $103,640 (12 months x 3.333 x $2,591).

Rent % Affordability
Above $500 81.7%
Above $700 73.6%
Above $1,100 59.5%
Above $1,500 46.1%
Above $1,900 36.5%
HOUSEHOLD INCOME RANGE

Approximately 4,088 of households in this neighborhood have a total annual income of $103,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,591 per month.

MINIMUM INCOME RANGE : $103,640

Income % Distribution
<$20K 18.3%
$20K-$35K 14.5%
$35K-$60K 21.0%
$60K-$100K 20.8%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 5.4%
10-14 mins 11.9%
15-19 mins 15.8%
20-29 mins 20.7%
30-44 mins 29.7%
45-59 mins 7.1%
>60 mins 8.5%
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 $2,591 per month.

MY RENT : $2,591 MEDIAN RENT : $2,946

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 $2,591 would therefore be considered affordable for annual household incomes greater than $103,640 (12 months x 3.333 x $2,591).

Rent % Affordability
Above $500 81.7%
Above $700 73.6%
Above $1,100 59.5%
Above $1,500 46.1%
Above $1,900 36.5%
HOUSEHOLD INCOME RANGE

Approximately 4,088 of households in this neighborhood have a total annual income of $103,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,591 per month.

MINIMUM INCOME RANGE : $103,640

Income % Distribution
<$20K 18.3%
$20K-$35K 14.5%
$35K-$60K 21.0%
$60K-$100K 20.8%
>=$100K 25.3%
COMMUTE TIME DISTRIBUTION

66% of the working population has a commute time of 15 to 44 minutes, 18% has a commute time of 14 minutes or less and 16% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 0.9%
5-9 mins 5.4%
10-14 mins 11.9%
15-19 mins 15.8%
20-29 mins 20.7%
30-44 mins 29.7%
45-59 mins 7.1%
>60 mins 8.5%

Westminster Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.8%
Educational Services 5.6%
Health Care & Social Assistance 12.0%
Manufacturing 16.4%
Professional & Scientific Tech Services 5.4%
Retail & Wholesale Trader 14.3%
Other 34.5%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 31% is 24 or younger and 15% is 65 or older.

Age % Distribution
<15 17.0%
15-19 6.6%
20-24 7.6%
25-44 26.9%
45-65 26.8%
66+ 15.2%
OCCUPATION

Occupation % Distribution
Computer Engineering 6.9%
Healthcare 8.0%
Management, Business, & Financial 15.1%
Natural Resources Maintenance 8.2%
Production & Transportation 16.7%
Sales & Office 23.9%
Other 21.1%
HIGHEST EDUCATION LEVEL

15% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.0%
High School 23.2%
Masters Degree 3.9%
Some College 22.2%
Some High School 22.9%
Other 18.8%

8172 Worthy Dr Comps

Sorry, we do not have sufficient data available.

8172 Worthy Dr, Midway City, CA 92655 is a single family home of 1,009 sqft. HomeUnion INVESTimateĀ® for 8172 Worthy Dr includes a Price Estimate of $636,936 and a Rent Estimate of $2,591. This single family home has 3 bedrooms,2 bathrooms, and was built in 1958. This property has an estimated 15 year annualized Yield of 4.88% and Total Return of 18.79%. The estimated 1 year forecast in home value for 8172 Worthy Dr is 6.59%.

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

Nearest zipcodes within 2 miles

  1. 92683
  2. 92647
  3. 92708
  4. 92844