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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

8245 Cornwall Ave Etiwanda, CA 91739

3 Beds 1 Baths 988 sqft Built 1956
Last updated:  Jan 23, 2020

INVESTimate

$320,311

$312K - $329K

Price Est.

$1,916

$1.8K - $2.0K

Rent Est.

$338,697  ( +5.74%)   1 YR EST. FORECAST
  
  
  

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8245 Cornwall Ave PROPERTY INFO

FACTS
  • Built In 1956
  • Price/Sqft : $324.20
CONSTRUCTION
  • Beds : 3
  • Floor Size : 988 sqft
  • Baths : 1 Full

8245 Cornwall Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
PERDEW ELEMENTARY SCHOOL Primary Regular 741 35 9
ETIWANDA INTERMEDIATE SCHOOL Middle Regular 1,261 47 8
ETIWANDA HIGH SCHOOL High Regular 3,178 114 8

PERDEW ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 741
  • # of teachers: 35
9
GreatSchools Rating

ETIWANDA INTERMEDIATE SCHOOL

  • Education Level: Middle
  • # of students: 1,261
  • # of teachers: 47
8
GreatSchools Rating

ETIWANDA HIGH SCHOOL

  • Education Level: High
  • # of students: 3,178
  • # of teachers: 114
8
GreatSchools Rating
 

Financial Details

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Neighborhood

Southeast Rancho Cucamonga

  • 4,900

    POPULATION
  • 621

    HOUSEHOLDS
  • 66.6%

    WHITE COLLAR

Neighborhood : Southeast Rancho Cucamonga

HOUSEHOLDS
621
POPULATION

4,900

89.5%Renters
10.5%Home Owners
LABOR FORCE

 

66.6%White Collar
33.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,916 per month.

MY RENT : $1,916 MEDIAN RENT : $2,655

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 2.8%
>=$1,500 97.2%
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 $1,916 would therefore be considered affordable for annual household incomes greater than $76,640 (12 months x 3.333 x $1,916).

Rent % Affordability
Above $500 77.8%
Above $700 67.6%
Above $1,100 53.2%
Above $1,500 40.8%
Above $1,900 27.9%
HOUSEHOLD INCOME RANGE

Approximately 140 of households in this neighborhood have a total annual income of $76,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,916 per month.

MINIMUM INCOME RANGE : $76,640

Income % Distribution
<$20K 22.2%
$20K-$35K 14.4%
$35K-$60K 22.6%
$60K-$100K 24.0%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 4.8%
10-14 mins 6.7%
15-19 mins 14.4%
20-29 mins 20.8%
30-44 mins 14.8%
45-59 mins 6.7%
>60 mins 23.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 97% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,916 per month.

MY RENT : $1,916 MEDIAN RENT : $2,655

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.0%
$1,000-1,499 2.8%
>=$1,500 97.2%
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 $1,916 would therefore be considered affordable for annual household incomes greater than $76,640 (12 months x 3.333 x $1,916).

Rent % Affordability
Above $500 77.8%
Above $700 67.6%
Above $1,100 53.2%
Above $1,500 40.8%
Above $1,900 27.9%
HOUSEHOLD INCOME RANGE

Approximately 140 of households in this neighborhood have a total annual income of $76,640 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,916 per month.

MINIMUM INCOME RANGE : $76,640

Income % Distribution
<$20K 22.2%
$20K-$35K 14.4%
$35K-$60K 22.6%
$60K-$100K 24.0%
>=$100K 16.8%
COMMUTE TIME DISTRIBUTION

50% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 31% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 8.0%
5-9 mins 4.8%
10-14 mins 6.7%
15-19 mins 14.4%
20-29 mins 20.8%
30-44 mins 14.8%
45-59 mins 6.7%
>60 mins 23.9%

Southeast Rancho Cucamonga Demographics

INDUSTRY

Industry % Distribution
Administrative Support 8.7%
Construction 11.7%
Educational Services 6.6%
Health Care & Social Assistance 15.0%
Retail & Wholesale Trader 16.2%
Transportation 7.6%
Other 34.2%
AGE DISTRIBUTION

63% of the population is between the ages of 25 and 64, 36% is 24 or younger and 1% is 65 or older.

Age % Distribution
<15 11.5%
15-19 7.3%
20-24 16.7%
25-44 47.4%
45-65 15.7%
66+ 1.3%
OCCUPATION

Occupation % Distribution
Adesm 3.0%
Healthcare 3.4%
Management, Business, & Financial 26.7%
Natural Resources Maintenance 7.5%
Production & Transportation 9.8%
Sales & Office 37.0%
Other 12.5%
HIGHEST EDUCATION LEVEL

6% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 6.1%
High School 32.0%
Professional 0.2%
Some College 23.4%
Some High School 33.9%
Other 4.4%

8245 Cornwall Ave Comps

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8245 Cornwall Ave, Etiwanda, CA 91739 is a single family home of 988 sqft. HomeUnion INVESTimateĀ® for 8245 Cornwall Ave includes a Price Estimate of $320,311 and a Rent Estimate of $1,916. This single family home has 3 bedrooms,1 bathrooms, and was built in 1956. This property has an estimated 15 year annualized Yield of 7.18% and Total Return of 23.13%. The estimated 1 year forecast in home value for 8245 Cornwall Ave is 5.74%.

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 91739 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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