INVESTimate
$65,158
9431 Clemens PROPERTY INFO
FACTS
- Built In 1973
- Price/Sqft : $107.08
CONSTRUCTION
- Beds : 0
- Floor Size : 1,891 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
9431 Clemens, Terra Bella, CA 93270 is a single family home of 1,891 sqft. HomeUnion estimate for 9431 Clemens includes a Price Estimate of $202,483 and a Rent Estimate of $1,023. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1973. This property has an estimated 15 year annualized Yield of 6.06% and Total Return of 19.62%. The estimated 1 year forecast in home value for 9431 Clemens is 6.34%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
9431 Clemens SCHOOLS
Financial Details
See Financial Details
To review the detailed projections for this property, sign up for a FREE account
TERRA BELLA
Neighborhood : TERRA BELLA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 46% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,023 per month.
MY RENT : $1,023 MEDIAN RENT : $978
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 $1,023 would therefore be considered affordable for annual household incomes greater than $40,920 (12 months x 3.333 x $1,023).
HOUSEHOLD INCOME RANGE
Approximately 515 of households in this neighborhood have a total annual income of $40,920 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,023 per month.
MINIMUM INCOME RANGE : $40,920
COMMUTE TIME DISTRIBUTION
58% of the working population has a commute time of 15 to 44 minutes, 23% has a commute time of 14 minutes or less and 20% has a commute time of 45 minutes or longer.
TERRA BELLA Demographics
INDUSTRY
Industry | % Distribution |
---|---|
Agriculture, Fishing & Game | 49.0% |
Arts & Entertainment | 4.9% |
Construction | 7.0% |
Educational Services | 6.7% |
Health Care & Social Assistance | 7.9% |
Retail & Wholesale Trader | 8.2% |
Other | 16.4% |
AGE DISTRIBUTION
47% of the population is between the ages of 25 and 64, 43% is 24 or younger and 10% is 65 or older.
Age | % Distribution |
---|---|
<15 | 25.0% |
15-19 | 10.5% |
20-24 | 7.7% |
25-44 | 25.2% |
45-65 | 21.5% |
66+ | 10.2% |
OCCUPATION
Occupation | % Distribution |
---|---|
Clean | 6.3% |
Management, Business, & Financial | 19.7% |
Natural Resources Maintenance | 31.0% |
Production & Transportation | 18.7% |
Sales & Office | 9.5% |
Social | 3.7% |
Other | 11.2% |
HIGHEST EDUCATION LEVEL
8% of adults 25 and older have an education level of a bachelor's degree or higher.
Education Level | % Distribution |
---|---|
Associates Degree | 5.9% |
High School | 24.1% |
Masters Degree | 1.3% |
Some College | 15.5% |
Some High School | 47.1% |
Other | 6.0% |
9431 Clemens Comps
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in CA , TULARE County , or the 93270 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2