INVESTimate
$227,705
86 Arnaz Dr PROPERTY INFO
FACTS
- Built In 1982
- Price/Sqft : $309.39
CONSTRUCTION
- Beds : 3
- Floor Size : 2,637 sqft
- Baths : 3 Full
PROPERTY DESCRIPTION
86 Arnaz Dr, Oak View, CA 93022 is a single family home of 2,637 sqft. HomeUnion estimate for 86 Arnaz Dr includes a Price Estimate of $815,869 and a Rent Estimate of $3,528. This single family home has 3 bedrooms, 3 bathrooms, and was built in 1982. This property has an estimated 15 year annualized Yield of 5.19% and Total Return of 17.72%. The estimated 1 year forecast in home value for 86 Arnaz Dr is 5.18%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
86 Arnaz Dr SCHOOLS
Financial Details
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OAK VIEW
Neighborhood : OAK VIEW
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 $3,528 per month.
MY RENT : $3,528 MEDIAN RENT : $2,881
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 $3,528 would therefore be considered affordable for annual household incomes greater than $141,120 (12 months x 3.333 x $3,528).
HOUSEHOLD INCOME RANGE
Approximately 389 of households in this neighborhood have a total annual income of $141,120 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $3,528 per month.
MINIMUM INCOME RANGE : $141,120
COMMUTE TIME DISTRIBUTION
60% of the working population has a commute time of 15 to 44 minutes, 19% has a commute time of 14 minutes or less and 21% has a commute time of 45 minutes or longer.
OAK VIEW Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Arts & Entertainment | 10.8% |
Construction | 13.7% |
Educational Services | 8.6% |
Health Care & Social Assistance | 11.2% |
Professional & Scientific Tech Services | 10.0% |
Retail & Wholesale Trader | 14.0% |
Other | 31.8% |
AGE DISTRIBUTION
55% of the population is between the ages of 25 and 64, 28% is 24 or younger and 17% is 65 or older.
Age | % Distribution |
---|---|
<15 | 14.7% |
15-19 | 6.6% |
20-24 | 6.3% |
25-44 | 25.1% |
45-65 | 30.1% |
66+ | 17.3% |
OCCUPATION
Occupation | % Distribution |
---|---|
Computer Engineering | 7.1% |
Healthcare | 7.5% |
Management, Business, & Financial | 18.9% |
Natural Resources Maintenance | 9.2% |
Production & Transportation | 11.4% |
Sales & Office | 18.3% |
Other | 27.6% |
HIGHEST EDUCATION LEVEL
18% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 9.7% |
High School | 20.6% |
Masters Degree | 5.9% |
Some College | 27.5% |
Some High School | 13.5% |
Other | 22.9% |
86 Arnaz Dr Comps
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