INVESTimate
$56,491
9795 Road 236 PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $120.58
CONSTRUCTION
- Beds : 0
- Floor Size : 1,408 sqft
- Baths : 0 Full
PROPERTY DESCRIPTION
9795 Road 236, Terra Bella, CA 93270 is a single family home of 1,408 sqft. HomeUnion estimate for 9795 Road 236 includes a Price Estimate of $169,779 and a Rent Estimate of $918. This single family home has 0 bedrooms, 0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 6.49% and Total Return of 21.48%. The estimated 1 year forecast in home value for 9795 Road 236 is 6.34%.OTHER REAL ESTATE INVESTMENT PROPERTIES
The following properties with Estimated Highest Gross Yields are available in other markets.
9795 Road 236 SCHOOLS
Financial Details
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TERRA BELLA
Neighborhood : TERRA BELLA
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 61% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $918 per month.
MY RENT : $918 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 $918 would therefore be considered affordable for annual household incomes greater than $36,720 (12 months x 3.333 x $918).
HOUSEHOLD INCOME RANGE
Approximately 538 of households in this neighborhood have a total annual income of $36,720 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $918 per month.
MINIMUM INCOME RANGE : $36,720
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% |
9795 Road 236 Comps
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