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Sunday, July 26, 2009

Sacramento Property Management - Roseville/Rocklin Corridor Residential Market Update

Another corridor analyzed for Sacramento property management information is the Roseville/Rocklin corridor. Roseville is a city in Placer County, California, located in the metropolitan area of Sacramento. As of January 1, 2007 the population was 106,266. Interstate Highway 80 runs through Roseville and California Route 65 bisects the northern part of the city. Top business employers such as Kaiser Permanente, Union Pacific Railroad, and Hewlett-Packard thrive in Roseville. Rocklin is a city in Placer County, California. It is a primarily residential community located north of Sacramento. It shares borders with Roseville, Loomis, and Lincoln. Rocklin is well known for their outstanding schools, rich heritage and even possibly the Rocklin Jubilee. As of 2006, the city's population was estimated to be 50,920 people.

One bedroom homes in Roseville/Rocklin corridor have a rent of $820/mo and Section 8 is paying $813/mo to Sacramento property management companies. The average square footage of Roseville/Rocklin one bedroom homes are 750 sq. ft and there are around 700 rentals. The sq. footage and median rent achieve a $/Sqft of $1.05.

Two bedroom rentals in Roseville/Rocklin corridor have a rent of $1010/mo and Section 8 is paying $992/mo to Sacramento property management companies. The average square footage of Roseville/Rocklin two bedroom rentals is 1001 sq. ft and there is 1100+ rentals. The sq. footage and median rent achieve a $/Sqft of $1.02.

Three bedroom homes in Roseville/Rocklin corridor have a rent of $1425/mo and Section 8 is paying $1431/mo. The average square footage of Roseville/Rocklin three bedroom rentals are 1500 sq. ft and there are 1300+ rentals. The sq. footage and median rent achieve a $/Sqft of $0.95.

Four bedroom rentals in Roseville/Rocklin corridor have a rent of $1700/mo and Section 8 is paying $1641/mo. The average square footage of Roseville/Rocklin corridor four bedroom rentals are 2115 sq. ft and there are 600+ rentals. The sq. footage and median rent achieve a $/Sqft of $0.80.

The typical household in Roseville/Rocklin earns $57,000 and the vacancy rate is 3.6%. The key rent monthly amount for affordability is around $1434/mo.

Rents for Sacramento property management continue to fall. We are now in the third straight quarter in which they have lowered. Hopefully the economy turnaround will put an end to the downfall.
At Equity Plus Real Estate Services, we leverage the power of technology, market knowledge and superior service to create a real estate experience unparalleled to anyone. We handle all aspects of managing your real estate investments to ensure to obtain the maximum cash flow and equity from your property. Sacramento Property management

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