Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

State Hwy 38 Angelus Oaks, CA 92305

2 Beds 2 Baths 1,400 sqft Built 1968
Last updated:  Jan 23, 2020

INVESTimate

$300,643

$279K - $322K

Price Est.

$1,400

$1.3K - $1.5K

Rent Est.

$324,905  ( +8.07%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 8816 MONTERY COURT Indianapolis, IN
    • 3 beds 1 baths ∙ 1,300 Sqft ∙ Built 1962 ∙ 1units 3 beds 1 baths ∙ 1,300 Sqft ∙ Built 1962 ∙ 1units
    AVAILABLE
    • 14.24% GROSS YIELD
    • $5,490 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $75,000
    • $25,625
    • $890
  • 2801 Snapfinger MANOR Decatur, GA
    • 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003 4 beds 3 baths ∙ 1,368 Sqft ∙ Built 2003
    AVAILABLE
    • 14.03% GROSS YIELD
    • $8,209 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $124,000
    • $38,610
    • $1,450
  • 1141 NORTH SHADELAND AVENUE Indianapolis, IN
    • 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units 4 beds 2 baths ∙ 1,732 Sqft ∙ Built 1943 ∙ 1units
    AVAILABLE
    • 13.78% GROSS YIELD
    • $6,875 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $94,900
    • $30,898
    • $1,090

State Hwy 38 PROPERTY INFO

FACTS
  • Built In 1968
  • Price/Sqft : $214.74
CONSTRUCTION
  • Beds : 2
  • Floor Size : 1,400 sqft
  • Baths : 2 Full

State Hwy 38 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BIG BEAR MIDDLE SCHOOL Middle Regular 381 16 5
BIG BEAR HIGH SCHOOL High Regular 823 40 5

BIG BEAR MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 381
  • # of teachers: 16
5
GreatSchools Rating

BIG BEAR HIGH SCHOOL

  • Education Level: High
  • # of students: 823
  • # of teachers: 40
5
GreatSchools Rating
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

ANGELUS OAKS

  • 482

    POPULATION
  • 230

    HOUSEHOLDS
  • 72.4%

    WHITE COLLAR

Neighborhood : ANGELUS OAKS

HOUSEHOLDS
230
POPULATION

482

26.7%Renters
73.3%Home Owners
LABOR FORCE

 

72.4%White Collar
27.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,400 per month.

MY RENT : $1,400 MEDIAN RENT : $1,270

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 4.9%
$900-999 15.6%
$1,000-1,499 47.4%
>=$1,500 32.1%
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 $1,400 would therefore be considered affordable for annual household incomes greater than $56,000 (12 months x 3.333 x $1,400).

Rent % Affordability
Above $500 89.5%
Above $700 82.5%
Above $1,100 67.9%
Above $1,500 58.1%
Above $1,900 47.3%
HOUSEHOLD INCOME RANGE

Approximately 136 of households in this neighborhood have a total annual income of $56,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,400 per month.

MINIMUM INCOME RANGE : $56,000

Income % Distribution
<$20K 10.5%
$20K-$35K 14.8%
$35K-$60K 16.6%
$60K-$100K 17.9%
>=$100K 40.2%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 9.7%
10-14 mins 0.7%
15-19 mins 9.0%
20-29 mins 36.1%
30-44 mins 18.1%
45-59 mins 9.0%
>60 mins 16.0%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 42% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,400 per month.

MY RENT : $1,400 MEDIAN RENT : $1,270

Rent % Distribution
$500-699 0.0%
$700-899 4.9%
$900-999 15.6%
$1,000-1,499 47.4%
>=$1,500 32.1%
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 $1,400 would therefore be considered affordable for annual household incomes greater than $56,000 (12 months x 3.333 x $1,400).

Rent % Affordability
Above $500 89.5%
Above $700 82.5%
Above $1,100 67.9%
Above $1,500 58.1%
Above $1,900 47.3%
HOUSEHOLD INCOME RANGE

Approximately 136 of households in this neighborhood have a total annual income of $56,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,400 per month.

MINIMUM INCOME RANGE : $56,000

Income % Distribution
<$20K 10.5%
$20K-$35K 14.8%
$35K-$60K 16.6%
$60K-$100K 17.9%
>=$100K 40.2%
COMMUTE TIME DISTRIBUTION

63% of the working population has a commute time of 15 to 44 minutes, 12% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 1.4%
5-9 mins 9.7%
10-14 mins 0.7%
15-19 mins 9.0%
20-29 mins 36.1%
30-44 mins 18.1%
45-59 mins 9.0%
>60 mins 16.0%

ANGELUS OAKS Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 17.1%
Educational Services 19.3%
Financial Industries 7.2%
Health Care & Social Assistance 13.3%
Public Administration 8.3%
Retail & Wholesale Trader 8.8%
Other 26.0%
AGE DISTRIBUTION

56% of the population is between the ages of 25 and 64, 20% is 24 or younger and 24% is 65 or older.

Age % Distribution
<15 9.3%
15-19 5.6%
20-24 5.2%
25-44 17.4%
45-65 38.2%
66+ 24.3%
OCCUPATION

Occupation % Distribution
Adesm 10.3%
Construction 18.4%
Healthcare 12.5%
Management, Business, & Financial 11.0%
Protect 7.4%
Sales & Office 19.9%
Other 20.6%
HIGHEST EDUCATION LEVEL

34% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.9%
High School 13.1%
Masters Degree 22.4%
Some College 30.3%
Some High School 3.8%
Other 22.4%

State Hwy 38 Comps

Sorry, we do not have sufficient data available.

State Hwy 38, Angelus Oaks, CA 92305 is a single family home of 1,400 sqft. HomeUnion INVESTimateĀ® for State Hwy 38 includes a Price Estimate of $300,643 and a Rent Estimate of $1,400. This single family home has 2 bedrooms,2 bathrooms, and was built in 1968. This property has an estimated 15 year annualized Yield of 5.59% and Total Return of 23.88%. The estimated 1 year forecast in home value for State Hwy 38 is 8.07%.

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 92305 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on State Hwy 38

  1. State Hwy 38
  2. State Hwy 38

Nearest zipcodes within 2 miles

  1. 92376
  2. 92333