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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

42 Woodland View Rd Banner, KY 41603

0 Beds 0 Baths 2,760 sqft Built 2001
Last updated:  Dec 26, 2019

INVESTimate

$216,885

$200K - $233K

Price Est.

$1,105

948 - $1.3K

Rent Est.

$225,712  ( +4.07%)   1 YR EST. FORECAST
  
  
  

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42 Woodland View Rd PROPERTY INFO

FACTS
  • Built In 2001
  • Price/Sqft : $78.58
CONSTRUCTION
  • Beds : 0
  • Floor Size : 2,760 sqft
  • Baths : 0 Full

42 Woodland View Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BETSY LAYNE HIGH SCHOOL High Regular 434 24 NA

BETSY LAYNE HIGH SCHOOL

  • Education Level: High
  • # of students: 434
  • # of teachers: 24
0
GreatSchools Rating
 

Financial Details

See Financial Details

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Neighborhood

BANNER

  • 1,540

    POPULATION
  • 621

    HOUSEHOLDS
  • 55.1%

    WHITE COLLAR

Neighborhood : BANNER

HOUSEHOLDS
621
POPULATION

1,540

27.9%Renters
72.1%Home Owners
LABOR FORCE

 

55.1%White Collar
44.9%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,105 per month.

MY RENT : $1,105 MEDIAN RENT : $826

Rent % Distribution LEVEL
$500-699 22.1%
$700-899 40.7%
$900-999 18.3%
$1,000-1,499 18.6%
>=$1,500 0.3%
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 $1,105 would therefore be considered affordable for annual household incomes greater than $44,200 (12 months x 3.333 x $1,105).

Rent % Affordability
Above $500 57.3%
Above $700 48.0%
Above $1,100 36.6%
Above $1,500 19.3%
Above $1,900 15.3%
HOUSEHOLD INCOME RANGE

Approximately 156 of households in this neighborhood have a total annual income of $44,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,105 per month.

MINIMUM INCOME RANGE : $44,200

Income % Distribution
<$20K 42.7%
$20K-$35K 16.3%
$35K-$60K 21.7%
$60K-$100K 15.3%
>=$100K 4.0%
COMMUTE TIME DISTRIBUTION

83% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.2%
5-9 mins 2.4%
10-14 mins 3.9%
15-19 mins 27.5%
20-29 mins 11.4%
30-44 mins 43.8%
45-59 mins 4.1%
>60 mins 3.9%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 15% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,105 per month.

MY RENT : $1,105 MEDIAN RENT : $826

Rent % Distribution
$500-699 22.1%
$700-899 40.7%
$900-999 18.3%
$1,000-1,499 18.6%
>=$1,500 0.3%
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 $1,105 would therefore be considered affordable for annual household incomes greater than $44,200 (12 months x 3.333 x $1,105).

Rent % Affordability
Above $500 57.3%
Above $700 48.0%
Above $1,100 36.6%
Above $1,500 19.3%
Above $1,900 15.3%
HOUSEHOLD INCOME RANGE

Approximately 156 of households in this neighborhood have a total annual income of $44,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,105 per month.

MINIMUM INCOME RANGE : $44,200

Income % Distribution
<$20K 42.7%
$20K-$35K 16.3%
$35K-$60K 21.7%
$60K-$100K 15.3%
>=$100K 4.0%
COMMUTE TIME DISTRIBUTION

83% of the working population has a commute time of 15 to 44 minutes, 9% has a commute time of 14 minutes or less and 8% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.2%
5-9 mins 2.4%
10-14 mins 3.9%
15-19 mins 27.5%
20-29 mins 11.4%
30-44 mins 43.8%
45-59 mins 4.1%
>60 mins 3.9%

BANNER Demographics

INDUSTRY

Industry % Distribution
Agriculture, Fishing & Game 7.9%
Arts & Entertainment 9.1%
Educational Services 23.0%
Health Care & Social Assistance 7.3%
Retail & Wholesale Trader 16.0%
Transportation 9.7%
Other 27.1%
AGE DISTRIBUTION

62% of the population is between the ages of 25 and 64, 26% is 24 or younger and 12% is 65 or older.

Age % Distribution
<15 18.2%
15-19 3.4%
20-24 4.4%
25-44 26.3%
45-65 35.6%
66+ 12.1%
OCCUPATION

Occupation % Distribution
Construction 11.1%
Management, Business, & Financial 7.2%
Natural Resources Maintenance 15.9%
Production & Transportation 15.7%
Sales & Office 29.0%
Social 4.1%
Other 17.0%
HIGHEST EDUCATION LEVEL

13% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.8%
High School 31.6%
Masters Degree 2.3%
Some College 22.6%
Some High School 29.1%
Other 3.7%

42 Woodland View Rd Comps

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42 Woodland View Rd, Banner, KY 41603 is a single family home of 2,760 sqft. HomeUnion INVESTimateĀ® for 42 Woodland View Rd includes a Price Estimate of $216,885 and a Rent Estimate of $1,105. This single family home has 0 bedrooms,0 bathrooms, and was built in 2001. This property has an estimated 15 year annualized Yield of 6.11% and Total Return of 15.22%. The estimated 1 year forecast in home value for 42 Woodland View Rd is 4.07%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in KY , FLOYD County , or the 41603 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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