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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

5850 N Hwy 23 Cache Junction, UT 84304

0 Beds 0 Baths 1,891 sqft Built 1994
Last updated:  Jul 30, 2018

INVESTimate

$262,961

$237K - $289K

Price Est.

$1,066

979 - $1.2K

Rent Est.

$277,345  ( +5.47%)   1 YR EST. FORECAST
  
  
  

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5850 N Hwy 23 PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $139.06
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,891 sqft
  • Baths : 0 Full

5850 N Hwy 23 SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
LEWISTON ELEMENTARY SCHOOL Primary Regular 513 19 8
WHITE PINE MIDDLE SCHOOL Middle Regular 455 19 8
SKY VIEW HIGH SCHOOL High Regular 1,562 58 7

LEWISTON ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 513
  • # of teachers: 19
8
GreatSchools Rating

WHITE PINE MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 455
  • # of teachers: 19
8
GreatSchools Rating

SKY VIEW HIGH SCHOOL

  • Education Level: High
  • # of students: 1,562
  • # of teachers: 58
7
GreatSchools Rating
 

Financial Details

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Neighborhood

CACHE JUNCTION

  • 46

    POPULATION
  • 17

    HOUSEHOLDS
  • 65.7%

    WHITE COLLAR

Neighborhood : CACHE JUNCTION

HOUSEHOLDS
17
POPULATION

46

5.3%Renters
94.7%Home Owners
LABOR FORCE

 

65.7%White Collar
34.3%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 22% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,101 per month.

MY RENT : $1,101 MEDIAN RENT : $968

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 33.3%
$900-999 38.9%
$1,000-1,499 27.8%
>=$1,500 0.0%
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 $1,101 would therefore be considered affordable for annual household incomes greater than $44,040 (12 months x 3.333 x $1,101).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 100.0%
Above $1,500 81.8%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 10 of households in this neighborhood have a total annual income of $44,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,101 per month.

MINIMUM INCOME RANGE : $44,040

Income % Distribution
<$20K 0.0%
$20K-$35K 0.0%
$35K-$60K 18.2%
$60K-$100K 54.5%
>=$100K 27.3%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 0.0%
10-14 mins 9.5%
15-19 mins 9.5%
20-29 mins 57.1%
30-44 mins 9.5%
45-59 mins 4.8%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 22% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,101 per month.

MY RENT : $1,101 MEDIAN RENT : $968

Rent % Distribution
$500-699 0.0%
$700-899 33.3%
$900-999 38.9%
$1,000-1,499 27.8%
>=$1,500 0.0%
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 $1,101 would therefore be considered affordable for annual household incomes greater than $44,040 (12 months x 3.333 x $1,101).

Rent % Affordability
Above $500 100.0%
Above $700 100.0%
Above $1,100 100.0%
Above $1,500 81.8%
Above $1,900 44.7%
HOUSEHOLD INCOME RANGE

Approximately 10 of households in this neighborhood have a total annual income of $44,040 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,101 per month.

MINIMUM INCOME RANGE : $44,040

Income % Distribution
<$20K 0.0%
$20K-$35K 0.0%
$35K-$60K 18.2%
$60K-$100K 54.5%
>=$100K 27.3%
COMMUTE TIME DISTRIBUTION

76% of the working population has a commute time of 15 to 44 minutes, 14% has a commute time of 14 minutes or less and 10% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.8%
5-9 mins 0.0%
10-14 mins 9.5%
15-19 mins 9.5%
20-29 mins 57.1%
30-44 mins 9.5%
45-59 mins 4.8%
>60 mins 4.8%

CACHE JUNCTION Demographics

INDUSTRY

Industry % Distribution
Educational Services 22.2%
Health Care & Social Assistance 11.1%
Manufacturing 22.2%
Public Administration 5.6%
Retail & Wholesale Trader 16.7%
Transportation 5.6%
Other 16.7%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 41% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 32.6%
15-19 6.5%
20-24 2.2%
25-44 21.7%
45-65 23.9%
66+ 13.0%
OCCUPATION

Occupation % Distribution
Computer Engineering 18.2%
Management, Business, & Financial 18.2%
Natural Resources Maintenance 9.1%
Production & Transportation 18.2%
Protect 9.1%
Sales & Office 18.2%
Other 9.1%
HIGHEST EDUCATION LEVEL

17% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 3.3%
High School 23.3%
Masters Degree 10.0%
Professional 3.3%
Some College 26.7%
Other 33.3%

5850 N Hwy 23 Comps

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5850 N Hwy 23, Cache Junction, UT 84304 is a single family home of 1,891 sqft. HomeUnion INVESTimateĀ® for 5850 N Hwy 23 includes a Price Estimate of $262,961 and a Rent Estimate of $1,066. This single family home has 0 bedrooms,0 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 4.86% and Total Return of 16.62%. The estimated 1 year forecast in home value for 5850 N Hwy 23 is 5.47%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in UT , CACHE County , or the 84304 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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