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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

8191 Legion Pl Midway City, CA 92655

3 Beds 2 Baths 2,027 sqft Built 1964
Last updated:  Jan 23, 2020

INVESTimate

$840,642

$783K - $898K

Price Est.

$3,215

$2.9K - $3.6K

Rent Est.

$903,102  ( +7.43%)   1 YR EST. FORECAST
  
  
  

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8191 Legion Pl PROPERTY INFO

FACTS
  • Built In 1964
  • Price/Sqft : $414.72
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,027 sqft
  • Baths : 2 Full

8191 Legion Pl SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HAYDEN ELEMENTARY SCHOOL Primary Regular 839 34 9
WARNER MIDDLE SCHOOL Middle Regular 966 40 8
WESTMINSTER HIGH SCHOOL High Magnet 2,680 102 9

HAYDEN ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 839
  • # of teachers: 34
9
GreatSchools Rating

WARNER MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 966
  • # of teachers: 40
8
GreatSchools Rating

WESTMINSTER HIGH SCHOOL

  • Education Level: High
  • # of students: 2,680
  • # of teachers: 102
9
GreatSchools Rating
 

Financial Details

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Neighborhood

Midway City

  • 9,486

    POPULATION
  • 2,690

    HOUSEHOLDS
  • 52.6%

    WHITE COLLAR

Neighborhood : Midway City

HOUSEHOLDS
2,690
POPULATION

9,486

53.5%Renters
46.5%Home Owners
LABOR FORCE

 

52.6%White Collar
47.4%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 $3,215 per month.

MY RENT : $3,215 MEDIAN RENT : $2,733

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 $3,215 would therefore be considered affordable for annual household incomes greater than $128,600 (12 months x 3.333 x $3,215).

Rent % Affordability
Above $500 77.0%
Above $700 69.6%
Above $1,100 56.9%
Above $1,500 44.2%
Above $1,900 34.4%
HOUSEHOLD INCOME RANGE

Approximately 350 of households in this neighborhood have a total annual income of $128,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,215 per month.

MINIMUM INCOME RANGE : $128,600

Income % Distribution
<$20K 23.0%
$20K-$35K 15.0%
$35K-$60K 17.8%
$60K-$100K 17.4%
>=$100K 26.8%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 5.1%
10-14 mins 10.9%
15-19 mins 17.4%
20-29 mins 20.0%
30-44 mins 29.2%
45-59 mins 7.8%
>60 mins 9.7%
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 $3,215 per month.

MY RENT : $3,215 MEDIAN RENT : $2,733

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 $3,215 would therefore be considered affordable for annual household incomes greater than $128,600 (12 months x 3.333 x $3,215).

Rent % Affordability
Above $500 77.0%
Above $700 69.6%
Above $1,100 56.9%
Above $1,500 44.2%
Above $1,900 34.4%
HOUSEHOLD INCOME RANGE

Approximately 350 of households in this neighborhood have a total annual income of $128,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,215 per month.

MINIMUM INCOME RANGE : $128,600

Income % Distribution
<$20K 23.0%
$20K-$35K 15.0%
$35K-$60K 17.8%
$60K-$100K 17.4%
>=$100K 26.8%
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.

Time (mins) % Distribution
<5 mins 0.0%
5-9 mins 5.1%
10-14 mins 10.9%
15-19 mins 17.4%
20-29 mins 20.0%
30-44 mins 29.2%
45-59 mins 7.8%
>60 mins 9.7%

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%

8191 Legion Pl Comps

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8191 Legion Pl, Midway City, CA 92655 is a single family home of 2,027 sqft. HomeUnion INVESTimateĀ® for 8191 Legion Pl includes a Price Estimate of $840,642 and a Rent Estimate of $3,215. This single family home has 3 bedrooms,2 bathrooms, and was built in 1964. This property has an estimated 15 year annualized Yield of 4.59% and Total Return of 19.16%. The estimated 1 year forecast in home value for 8191 Legion Pl 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

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