INVESTimate
$29,163
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2130 Big Cave Rd PROPERTY INFO
FACTS
- Built In 1952
- Price/Sqft : $69.43
CONSTRUCTION
- Beds : 3
- Floor Size : 960 sqft
- Baths : 1 Full
2130 Big Cave Rd SCHOOLS
Financial Details
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ORLANDO
Neighborhood : ORLANDO
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $745 per month.
MY RENT : $745 MEDIAN RENT : $732
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 $745 would therefore be considered affordable for annual household incomes greater than $29,800 (12 months x 3.333 x $745).
HOUSEHOLD INCOME RANGE
Approximately 997 of households in this neighborhood have a total annual income of $29,800 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $745 per month.
MINIMUM INCOME RANGE : $29,800
COMMUTE TIME DISTRIBUTION
48% of the working population has a commute time of 15 to 44 minutes, 28% has a commute time of 14 minutes or less and 25% has a commute time of 45 minutes or longer.
ORLANDO Demographics
INDUSTRY
| Industry | % Distribution |
|---|---|
| Arts & Entertainment | 11.5% |
| Construction | 6.6% |
| Educational Services | 7.5% |
| Health Care & Social Assistance | 10.8% |
| Manufacturing | 25.8% |
| Retail & Wholesale Trader | 13.7% |
| Other | 24.0% |
AGE DISTRIBUTION
52% of the population is between the ages of 25 and 64, 34% is 24 or younger and 13% is 65 or older.
| Age | % Distribution |
|---|---|
| <15 | 15.6% |
| 15-19 | 6.6% |
| 20-24 | 12.0% |
| 25-44 | 20.3% |
| 45-65 | 32.1% |
| 66+ | 13.4% |
OCCUPATION
| Occupation | % Distribution |
|---|---|
| Education | 6.2% |
| Healthcare | 11.2% |
| Management, Business, & Financial | 7.9% |
| Natural Resources Maintenance | 15.6% |
| Production & Transportation | 23.7% |
| Sales & Office | 25.1% |
| Other | 10.3% |
HIGHEST EDUCATION LEVEL
6% of adults 25 and older have an education level of a bachelor's degree or higher.
| Education Level | % Distribution |
|---|---|
| Associates Degree | 3.9% |
| High School | 45.3% |
| Masters Degree | 1.7% |
| Some College | 19.1% |
| Some High School | 23.1% |
| Other | 6.9% |
2130 Big Cave Rd Comps
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2130 Big Cave Rd, Orlando, KY 40460 is a single family home of 960 sqft. HomeUnion INVESTimateĀ® for 2130 Big Cave Rd includes a Price Estimate of $66,652 and a Rent Estimate of $745. This single family home has 3 bedrooms,1 bathrooms, and was built in 1952. This property has an estimated 15 year annualized Yield of 13.41% and Total Return of 24.94%. The estimated 1 year forecast in home value for 2130 Big Cave Rd is 2.89%.
Looking for real estate investment properties in this area? You can browse additional properties and view investment data in KY , ROCKCASTLE County , or the 40460 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2
