1. < 2nd E St

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

103 E 2nd St Millersburg, KY 40348

0 Beds 0 Baths 720 sqft Built 0
Last updated:  Jan 23, 2020

INVESTimate

$68,159

$61.1K - $75.2K

Price Est.

$597

521 - 673

Rent Est.

$29,562

Investment Est.

$70,313  ( +3.16%)   1 YR EST. FORECAST

OTHER REAL ESTATE INVESTMENT PROPERTIES

  
  
  

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

  • 2340 BEAVER RUIN ROAD Norcross, GA
    • 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units 3 beds 3 baths ∙ 1,566 Sqft ∙ Built 1974 ∙ 1units
    AVAILABLE fmls
    • 15.74% GROSS YIELD
    • $7,100 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $102,900
    • $33,018
    • $1,350
  • 27440 N ALMA SCHOOL Parkway #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 3807 NORTHFLEET COURT Houston, TX
    • 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units 3 beds 2 baths ∙ 1,546 Sqft ∙ Built 1980 ∙ 1units
    AVAILABLE
    • 14.91% GROSS YIELD
    • $7,932 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $117,500
    • $36,888
    • $1,460

103 E 2nd St PROPERTY INFO

FACTS
  • Built In 0
  • Price/Sqft : $94.67
CONSTRUCTION
  • Beds : 0
  • Floor Size : 720 sqft
  • Baths : 0 Full

103 E 2nd St SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BOURBON COUNTY HIGH SCHOOL High Regular 878 51 NA

BOURBON COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 878
  • # of teachers: 51
0
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

MILLERSBURG

  • 321

    POPULATION

  • 130

    HOUSEHOLDS

  • 54.6%

    WHITE COLLAR

Neighborhood : MILLERSBURG

HOUSEHOLDS
130
POPULATION

321

28.5%Renters
71.5%Home Owners
LABOR FORCE

 

54.6%White Collar
45.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $597 per month.

MY RENT : $597 MEDIAN RENT : $721

Rent % Distribution LEVEL
$500-699 32.3%
$700-899 49.5%
$900-999 4.3%
$1,000-1,499 14.0%
>=$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 $597 would therefore be considered affordable for annual household incomes greater than $23,880 (12 months x 3.333 x $597).

Rent % Affordability
Above $500 78.9%
Above $700 71.1%
Above $1,100 53.9%
Above $1,500 39.8%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 234 of households in this neighborhood have a total annual income of $23,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $597 per month.

MINIMUM INCOME RANGE : $23,880

Income % Distribution
<$20K 21.1%
$20K-$35K 12.5%
$35K-$60K 26.6%
$60K-$100K 21.9%
>=$100K 18.0%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 6.1%
10-14 mins 19.1%
15-19 mins 14.5%
20-29 mins 20.6%
30-44 mins 17.6%
45-59 mins 12.2%
>60 mins 4.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 84% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $597 per month.

MY RENT : $597 MEDIAN RENT : $721

Rent % Distribution
$500-699 32.3%
$700-899 49.5%
$900-999 4.3%
$1,000-1,499 14.0%
>=$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 $597 would therefore be considered affordable for annual household incomes greater than $23,880 (12 months x 3.333 x $597).

Rent % Affordability
Above $500 78.9%
Above $700 71.1%
Above $1,100 53.9%
Above $1,500 39.8%
Above $1,900 28.5%
HOUSEHOLD INCOME RANGE

Approximately 234 of households in this neighborhood have a total annual income of $23,880 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $597 per month.

MINIMUM INCOME RANGE : $23,880

Income % Distribution
<$20K 21.1%
$20K-$35K 12.5%
$35K-$60K 26.6%
$60K-$100K 21.9%
>=$100K 18.0%
COMMUTE TIME DISTRIBUTION

53% of the working population has a commute time of 15 to 44 minutes, 31% has a commute time of 14 minutes or less and 17% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 5.3%
5-9 mins 6.1%
10-14 mins 19.1%
15-19 mins 14.5%
20-29 mins 20.6%
30-44 mins 17.6%
45-59 mins 12.2%
>60 mins 4.6%
MILLERSBURG Demographics
INDUSTRY

           

Industry % Distribution
Agriculture, Fishing & Game 12.5%
Construction 8.3%
Financial Industries 9.7%
Health Care & Social Assistance 6.9%
Manufacturing 22.2%
Retail & Wholesale Trader 9.7%
Other 30.6%
OCCUPATION

           

Occupation % Distribution
Construction 5.5%
Management, Business, & Financial 18.2%
Natural Resources Maintenance 14.5%
PCare 3.6%
Production & Transportation 25.5%
Sales & Office 21.8%
Other 10.9%
AGE DISTRIBUTION

46% of the population is between the ages of 25 and 64, 33% is 24 or younger and 22% is 65 or older.

Age % Distribution
<15 18.4%
15-19 6.5%
20-24 7.8%
25-44 22.7%
45-65 31.2%
66+ 13.4%
HIGHEST EDUCATION LEVEL

12% of adults 25 and older have an education level of a bachelorā??s degree or higher.

Education Level % Distribution
Associates Degree 3.5%
High School 39.1%
Masters Degree 3.5%
Some College 19.3%
Some High School 16.3%
Other 18.3%

MILLERSBURG Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 12.5%
Construction 8.3%
Financial Industries 9.7%
Health Care & Social Assistance 6.9%
Manufacturing 22.2%
Retail & Wholesale Trader 9.7%
Other 30.6%
AGE DISTRIBUTION

54% of the population is between the ages of 25 and 64, 33% is 24 or younger and 13% is 65 or older.

Age % Distribution
<15 18.4%
15-19 6.5%
20-24 7.8%
25-44 22.7%
45-65 31.2%
66+ 13.4%
OCCUPATION

Occupation % Distribution
Construction 5.5%
Management, Business, & Financial 18.2%
Natural Resources Maintenance 14.5%
PCare 3.6%
Production & Transportation 25.5%
Sales & Office 21.8%
Other 10.9%
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 3.5%
High School 39.1%
Masters Degree 3.5%
Some College 19.3%
Some High School 16.3%
Other 18.3%

103 E 2nd St Comps

Sorry, we do not have sufficient data available.

103 E 2nd St, Millersburg, KY 40348 is a single family home of 720 sqft. HomeUnion INVESTimateĀ® for 103 E 2nd St includes a Price Estimate of $68,159 and a Rent Estimate of $597. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 10.51% and Total Return of 20.09%. The estimated 1 year forecast in home value for 103 E 2nd St is 3.16%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in KY , BOURBON County , or the 40348 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Browse other real estate investments on 2nd E St

  1. 103 E 2nd St

Similar Investment Properties By Bed/Bath within 2 miles

  1. 1st St - Mlbg 104
  2. 103 Vimont St
  3. Old Main St - Mlbg
  4. Hinkston Crk
  5. 103 E 5th St
  6. Railroad St
  7. 205 W 5th St
  8. 211 W 5th St
  9. 504 Vimont St
  10. 302 E 6th St
  11. 308 E 6th St
  12. 310 E 6th St
  13. 901 Vimont St
  14. 1001 Trigg St
  15. 311 E 11th St
  16. 202 E 11th St
  17. 1101 Trigg St - Mlbg
  18. Miller St - Mlbg 1104
  19. 312 E 11th St
  20. 113 Layson St - Mlbg

Similar Investment Properties By List Price within 2 miles

  1. 103 Vimont St
  2. 200 W 3rd St
  3. Hinkston Crk
  4. 103 E 5th St
  5. 201 W 5th St - Mlbg
  6. 206 W 3rd St
  7. 205 W 5th St
  8. 211 W 5th St
  9. 213 W 5th St
  10. 310 E 6th St
  11. 200 E 9th St
  12. 100 W 9th St
  13. 1101 Trigg St - Mlbg
  14. 12th St - Mlbg 205
  15. 12th St - Mlbg 210

Nearest zipcodes within 2 miles

  1. 40361
  2. 40374
  3. 41031
  4. 40311
  5. 41003
  6. 40391
Resources
Contact
866-250-5610 866-250-5610
INVESTMENT PROPERTIES BY STATE
equal-house black-seal
2100 Main Street, Suite #420, Irvine CA 92614 | Nationwide Mortgage Licensing System #1189576

Copyright (c) 2021. HomeUnion - Mynd Investor Services. All Rights Reserved.