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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

513 N Miller Ave Highland Heights, KY 41076

3 Beds 1 Baths 708 sqft Built 1925
Last updated:  Jan 23, 2020

INVESTimate

$87,858

$81.9K - $93.8K

Price Est.

$1,055

959 - $1.2K

Rent Est.

$91,460  ( +4.1%)   1 YR EST. FORECAST
  
  
  

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513 N Miller Ave PROPERTY INFO

FACTS
  • Built In 1925
  • Price/Sqft : $124.09
CONSTRUCTION
  • Beds : 3
  • Floor Size : 708 sqft
  • Baths : 1 Full

513 N Miller Ave SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
CROSSROADS ELEMENTARY SCHOOL Primary Regular 566 41 NA
CAMPBELL COUNTY MIDDLE SCHOOL Middle Regular 1,198 68 NA
CAMPBELL COUNTY HIGH SCHOOL High Regular 1,445 80 NA

CROSSROADS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 566
  • # of teachers: 41
0
GreatSchools Rating

CAMPBELL COUNTY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 1,198
  • # of teachers: 68
0
GreatSchools Rating

CAMPBELL COUNTY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,445
  • # of teachers: 80
0
GreatSchools Rating
 

Financial Details

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Neighborhood

Highland Heights

  • 7,346

    POPULATION
  • 2,449

    HOUSEHOLDS
  • 65.0%

    WHITE COLLAR

Neighborhood : Highland Heights

HOUSEHOLDS
2,449
POPULATION

7,346

35.1%Renters
64.9%Home Owners
LABOR FORCE

 

65.0%White Collar
35.0%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,055 per month.

MY RENT : $1,055 MEDIAN RENT : $1,036

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 13.5%
$900-999 26.7%
$1,000-1,499 53.2%
>=$1,500 6.7%
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 $1,055 would therefore be considered affordable for annual household incomes greater than $42,200 (12 months x 3.333 x $1,055).

Rent % Affordability
Above $500 78.2%
Above $700 69.4%
Above $1,100 56.7%
Above $1,500 43.0%
Above $1,900 33.1%
HOUSEHOLD INCOME RANGE

Approximately 1,195 of households in this neighborhood have a total annual income of $42,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,055 per month.

MINIMUM INCOME RANGE : $42,200

Income % Distribution
<$20K 21.8%
$20K-$35K 15.6%
$35K-$60K 19.6%
$60K-$100K 27.5%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 12.2%
10-14 mins 21.1%
15-19 mins 26.5%
20-29 mins 21.9%
30-44 mins 9.1%
45-59 mins 1.0%
>60 mins 4.1%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 54% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,055 per month.

MY RENT : $1,055 MEDIAN RENT : $1,036

Rent % Distribution
$500-699 0.0%
$700-899 13.5%
$900-999 26.7%
$1,000-1,499 53.2%
>=$1,500 6.7%
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 $1,055 would therefore be considered affordable for annual household incomes greater than $42,200 (12 months x 3.333 x $1,055).

Rent % Affordability
Above $500 78.2%
Above $700 69.4%
Above $1,100 56.7%
Above $1,500 43.0%
Above $1,900 33.1%
HOUSEHOLD INCOME RANGE

Approximately 1,195 of households in this neighborhood have a total annual income of $42,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,055 per month.

MINIMUM INCOME RANGE : $42,200

Income % Distribution
<$20K 21.8%
$20K-$35K 15.6%
$35K-$60K 19.6%
$60K-$100K 27.5%
>=$100K 15.5%
COMMUTE TIME DISTRIBUTION

57% of the working population has a commute time of 15 to 44 minutes, 37% has a commute time of 14 minutes or less and 5% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 4.0%
5-9 mins 12.2%
10-14 mins 21.1%
15-19 mins 26.5%
20-29 mins 21.9%
30-44 mins 9.1%
45-59 mins 1.0%
>60 mins 4.1%

Highland Heights Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 9.0%
Educational Services 13.4%
Financial Industries 6.2%
Health Care & Social Assistance 17.4%
Public Administration 6.2%
Retail & Wholesale Trader 19.7%
Other 28.0%
AGE DISTRIBUTION

41% of the population is between the ages of 25 and 64, 45% is 24 or younger and 14% is 65 or older.

Age % Distribution
<15 11.6%
15-19 13.4%
20-24 19.6%
25-44 21.2%
45-65 19.9%
66+ 14.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 7.7%
Healthcare 8.3%
Management, Business, & Financial 18.7%
Natural Resources Maintenance 7.7%
Production & Transportation 10.5%
Sales & Office 26.2%
Other 20.9%
HIGHEST EDUCATION LEVEL

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

Education Level % Distribution
Associates Degree 14.5%
High School 30.9%
Masters Degree 8.7%
Some College 18.6%
Some High School 9.0%
Other 18.3%

513 N Miller Ave Comps

Sorry, we do not have sufficient data available.

513 N Miller Ave, Highland Heights, KY 41076 is a single family home of 708 sqft. HomeUnion INVESTimateĀ® for 513 N Miller Ave includes a Price Estimate of $87,858 and a Rent Estimate of $1,055. This single family home has 3 bedrooms,1 bathrooms, and was built in 1925. This property has an estimated 15 year annualized Yield of 14.41% and Total Return of 30.12%. The estimated 1 year forecast in home value for 513 N Miller Ave is 4.1%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in KY , CAMPBELL County , or the 41076 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

Nearest zipcodes within 2 miles

  1. 41075
  2. 41071
  3. 41085