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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

2130 Big Cave Rd Orlando, KY 40460

3 Beds 1 Baths 960 sqft Built 1952
Last updated:  Dec 26, 2019

INVESTimate

$66,652

$61.6K - $71.7K

Price Est.

$745

651 - 839

Rent Est.

$68,578  ( +2.89%)   1 YR EST. FORECAST
  
  
  

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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

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
ROCKCASTLE COUNTY HIGH SCHOOL High Regular 830 53 NA

ROCKCASTLE COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 830
  • # of teachers: 53
0
GreatSchools Rating
 

Financial Details

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Neighborhood

ORLANDO

  • 1,328

    POPULATION
  • 521

    HOUSEHOLDS
  • 51.7%

    WHITE COLLAR

Neighborhood : ORLANDO

HOUSEHOLDS
521
POPULATION

1,328

20.9%Renters
79.1%Home Owners
LABOR FORCE

 

51.7%White Collar
48.3%Blue Collar
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

Rent % Distribution LEVEL
$500-699 35.2%
$700-899 44.9%
$900-999 10.9%
$1,000-1,499 8.6%
>=$1,500 0.5%
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).

Rent % Affordability
Above $500 80.2%
Above $700 71.0%
Above $1,100 50.8%
Above $1,500 22.5%
Above $1,900 17.3%
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

Income % Distribution
<$20K 19.8%
$20K-$35K 13.6%
$35K-$60K 44.1%
$60K-$100K 10.4%
>=$100K 12.1%
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.

Time (mins) % Distribution
<5 mins 4.4%
5-9 mins 4.6%
10-14 mins 18.5%
15-19 mins 9.8%
20-29 mins 14.3%
30-44 mins 23.7%
45-59 mins 10.7%
>60 mins 14.0%
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

Rent % Distribution
$500-699 35.2%
$700-899 44.9%
$900-999 10.9%
$1,000-1,499 8.6%
>=$1,500 0.5%
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).

Rent % Affordability
Above $500 80.2%
Above $700 71.0%
Above $1,100 50.8%
Above $1,500 22.5%
Above $1,900 17.3%
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

Income % Distribution
<$20K 19.8%
$20K-$35K 13.6%
$35K-$60K 44.1%
$60K-$100K 10.4%
>=$100K 12.1%
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.

Time (mins) % Distribution
<5 mins 4.4%
5-9 mins 4.6%
10-14 mins 18.5%
15-19 mins 9.8%
20-29 mins 14.3%
30-44 mins 23.7%
45-59 mins 10.7%
>60 mins 14.0%

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

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