Sell Your Property on INVESTimate

Easily ACcess a network of motivated buyers
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

...MORE

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

6076 Marble Way Highland Heights, KY 41076

2 Beds 3 Baths 2,550 sqft Built 2014
Last updated:  Jan 23, 2020

INVESTimate

$232,481

$217K - $248K

Price Est.

$1,804

$1.5K - $2.1K

Rent Est.

$240,664  ( +3.52%)   1 YR EST. FORECAST
  
  
  

The following properties with Estimated Highest Gross Yields are available in other markets.

  • 27440 N ALMA SCHOOL PARKWAY #33-2 Scottsdale, AZ
    • 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units 3 beds 3 baths ∙ 3,014 Sqft ∙ Built 2005 ∙ 1units
    AVAILABLE
    • 15.68% GROSS YIELD
    • $13,349 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $225,000
    • $65,375
    • $2,940
  • 142 Repose Ln San Antonio, TX
    • 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1973 ∙ 1units 3 beds 2 baths ∙ 1,276 Sqft ∙ Built 1973 ∙ 1units
    AVAILABLE
    • 15.59% GROSS YIELD
    • $7,378 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $97,000
    • $31,455
    • $1,260
  • 1206 WALES DRIVE Killeen, TX
    • 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units 5 beds 3 baths ∙ 4,444 Sqft ∙ Built 1975 ∙ 2units
    AVAILABLE
    • 15.00% GROSS YIELD
    • $10,795 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $160,000
    • $53,900
    • $2,000
  • 1801 E 9th Avenue Corsicana, TX
    • 3 beds 2 baths ∙ 1,353 Sqft ∙ Built 2000 ∙ 1units 3 beds 2 baths ∙ 1,353 Sqft ∙ Built 2000 ∙ 1units
    AVAILABLE
    • 13.50% GROSS YIELD
    • $6,767 NET OPERATING INCOME
    • Purchase Price
    • Investment
    • Projected Rent
    • $104,000
    • $33,310
    • $1,170

6076 Marble Way PROPERTY INFO

FACTS
  • Built In 2014
  • Price/Sqft : $91.17
CONSTRUCTION
  • Beds : 2
  • Floor Size : 2,550 sqft
  • Baths : 2 Full 1 Half

6076 Marble Way SCHOOLS

Sorry, we do not have sufficient school data for this neighborhood.
 

Financial Details

See Financial Details

To review the detailed projections for this property, sign up for a FREE account

Already have an account?
Neighborhood

NEWPORT

  • 18,424

    POPULATION
  • 7,253

    HOUSEHOLDS
  • 71.9%

    WHITE COLLAR

Neighborhood : NEWPORT

HOUSEHOLDS
7,253
POPULATION

18,424

22.3%Renters
77.7%Home Owners
LABOR FORCE

 

71.9%White Collar
28.1%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,804 per month.

MY RENT : $1,804 MEDIAN RENT : $1,045

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 13.4%
$900-999 23.3%
$1,000-1,499 40.5%
>=$1,500 22.8%
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 $1,804 would therefore be considered affordable for annual household incomes greater than $72,160 (12 months x 3.333 x $1,804).

Rent % Affordability
Above $500 88.4%
Above $700 81.1%
Above $1,100 65.5%
Above $1,500 50.7%
Above $1,900 39.3%
HOUSEHOLD INCOME RANGE

Approximately 2,378 of households in this neighborhood have a total annual income of $72,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,804 per month.

MINIMUM INCOME RANGE : $72,160

Income % Distribution
<$20K 11.6%
$20K-$35K 15.7%
$35K-$60K 22.1%
$60K-$100K 24.8%
>=$100K 25.9%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.2%
10-14 mins 12.1%
15-19 mins 18.8%
20-29 mins 33.8%
30-44 mins 17.2%
45-59 mins 3.1%
>60 mins 3.3%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 23% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,804 per month.

MY RENT : $1,804 MEDIAN RENT : $1,045

Rent % Distribution
$500-699 0.0%
$700-899 13.4%
$900-999 23.3%
$1,000-1,499 40.5%
>=$1,500 22.8%
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 $1,804 would therefore be considered affordable for annual household incomes greater than $72,160 (12 months x 3.333 x $1,804).

Rent % Affordability
Above $500 88.4%
Above $700 81.1%
Above $1,100 65.5%
Above $1,500 50.7%
Above $1,900 39.3%
HOUSEHOLD INCOME RANGE

Approximately 2,378 of households in this neighborhood have a total annual income of $72,160 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,804 per month.

MINIMUM INCOME RANGE : $72,160

Income % Distribution
<$20K 11.6%
$20K-$35K 15.7%
$35K-$60K 22.1%
$60K-$100K 24.8%
>=$100K 25.9%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 24% has a commute time of 14 minutes or less and 6% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 3.4%
5-9 mins 8.2%
10-14 mins 12.1%
15-19 mins 18.8%
20-29 mins 33.8%
30-44 mins 17.2%
45-59 mins 3.1%
>60 mins 3.3%

NEWPORT Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 7.7%
Educational Services 9.3%
Financial Industries 9.9%
Health Care & Social Assistance 18.0%
Manufacturing 8.1%
Retail & Wholesale Trader 14.9%
Other 32.1%
AGE DISTRIBUTION

48% of the population is between the ages of 25 and 64, 35% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 13.6%
15-19 10.1%
20-24 11.0%
25-44 22.4%
45-65 25.6%
66+ 17.4%
OCCUPATION

Occupation % Distribution
Computer Engineering 8.6%
Healthcare 8.7%
Management, Business, & Financial 24.3%
Natural Resources Maintenance 8.6%
Production & Transportation 8.0%
Sales & Office 27.3%
Other 14.5%
HIGHEST EDUCATION LEVEL

22% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 8.7%
High School 29.6%
Masters Degree 9.8%
Some College 18.9%
Some High School 6.2%
Other 26.8%

6076 Marble Way Comps

Sorry, we do not have sufficient data available.

6076 Marble Way, Highland Heights, KY 41076 is a single family home of 2,550 sqft. HomeUnion INVESTimateĀ® for 6076 Marble Way includes a Price Estimate of $232,481 and a Rent Estimate of $1,804. This single family home has 2 bedrooms,3 bathrooms, and was built in 2014. This property has an estimated 15 year annualized Yield of 9.31% and Total Return of 20.28%. The estimated 1 year forecast in home value for 6076 Marble Way is 3.52%.

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

Similar Investment Properties By Bed/Bath within 2 miles

No Properties available

Similar Investment Properties By List Price within 2 miles

No Properties available

Nearest zipcodes within 2 miles

No Zipcodes available