INVESTimate
$34,889
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504 Vimont St PROPERTY INFO
FACTS
- Built In 0
- Price/Sqft : $23.92
CONSTRUCTION
- Beds : 0
- Floor Size : 3,690 sqft
- Baths : 0 Full
504 Vimont St SCHOOLS
Financial Details
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MILLERSBURG
Neighborhood : MILLERSBURG
DISTRIBUTION OF RENTS IN NEIGHBORHOOD
Approximately 14% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,006 per month.
MY RENT : $1,006 MEDIAN RENT : $721
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 $1,006 would therefore be considered affordable for annual household incomes greater than $40,240 (12 months x 3.333 x $1,006).
HOUSEHOLD INCOME RANGE
Approximately 62 of households in this neighborhood have a total annual income of $40,240 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,006 per month.
MINIMUM INCOME RANGE : $40,240
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.
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% |
504 Vimont St Comps
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504 Vimont St, Millersburg, KY 40348 is a single family home of 3,690 sqft. HomeUnion INVESTimateĀ® for 504 Vimont St includes a Price Estimate of $88,261 and a Rent Estimate of $1,006. This single family home has 0 bedrooms,0 bathrooms, and was built in 0. This property has an estimated 15 year annualized Yield of 13.68% and Total Return of 26.07%. The estimated 1 year forecast in home value for 504 Vimont 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
