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This page contains information about each property aggregated from public data sources, 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.

6873 Cold Stream Rd Newport, KY 41076

0 Beds 0 Baths 1,782 sqft Built 1994
Last updated:  Jan 23, 2020

INVESTimate

$186,291

$174K - $199K

Price Est.

$1,180

$1.1K - $1.3K

Rent Est.

$192,848  ( +3.52%)   1 YR EST. FORECAST

6873 Cold Stream Rd PROPERTY INFO

FACTS
  • Built In 1994
  • Price/Sqft : $104.54
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,782 sqft
  • Baths : 0 Full
PROPERTY DESCRIPTION
6873 Cold Stream Rd, Newport, KY 41076 is a single family home of 1,782 sqft. HomeUnion estimate for 6873 Cold Stream Rd includes a Price Estimate of $186,291 and a Rent Estimate of $1,180. This single family home has 0 bedrooms, 0 bathrooms, and was built in 1994. This property has an estimated 15 year annualized Yield of 7.60% and Total Return of 19.54%. The estimated 1 year forecast in home value for 6873 Cold Stream Rd is 3.52%.
  
  
  

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6873 Cold Stream Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
DONALD E. CLINE ELEMENTARY SCHOOL Primary Regular 351 23 NA
CAMPBELL COUNTY MIDDLE SCHOOL Middle Regular 1,198 68 NA
CAMPBELL COUNTY HIGH SCHOOL High Regular 1,445 80 NA

DONALD E. CLINE ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 351
  • # of teachers: 23
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

NEWPORT

  • 18,472

    POPULATION
  • 7,242

    HOUSEHOLDS
  • 71.5%

    WHITE COLLAR

Neighborhood : NEWPORT

HOUSEHOLDS
7,242
POPULATION

18,472

24.7%Renters
75.3%Home Owners
LABOR FORCE

 

71.5%White Collar
28.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,180 per month.

MY RENT : $1,180 MEDIAN RENT : $1,060

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 10.9%
$900-999 23.4%
$1,000-1,499 41.9%
>=$1,500 23.9%
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 $1,180 would therefore be considered affordable for annual household incomes greater than $47,200 (12 months x 3.333 x $1,180).

Rent % Affordability
Above $500 87.8%
Above $700 81.0%
Above $1,100 67.4%
Above $1,500 52.0%
Above $1,900 41.5%
HOUSEHOLD INCOME RANGE

Approximately 4,124 of households in this neighborhood have a total annual income of $47,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,180 per month.

MINIMUM INCOME RANGE : $47,200

Income % Distribution
<$20K 12.2%
$20K-$35K 12.8%
$35K-$60K 23.0%
$60K-$100K 25.6%
>=$100K 26.4%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 25% 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 2.9%
5-9 mins 8.3%
10-14 mins 13.9%
15-19 mins 20.3%
20-29 mins 31.7%
30-44 mins 17.9%
45-59 mins 2.2%
>60 mins 2.6%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 51% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $1,180 per month.

MY RENT : $1,180 MEDIAN RENT : $1,060

Rent % Distribution
$500-699 0.0%
$700-899 10.9%
$900-999 23.4%
$1,000-1,499 41.9%
>=$1,500 23.9%
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 $1,180 would therefore be considered affordable for annual household incomes greater than $47,200 (12 months x 3.333 x $1,180).

Rent % Affordability
Above $500 87.8%
Above $700 81.0%
Above $1,100 67.4%
Above $1,500 52.0%
Above $1,900 41.5%
HOUSEHOLD INCOME RANGE

Approximately 4,124 of households in this neighborhood have a total annual income of $47,200 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $1,180 per month.

MINIMUM INCOME RANGE : $47,200

Income % Distribution
<$20K 12.2%
$20K-$35K 12.8%
$35K-$60K 23.0%
$60K-$100K 25.6%
>=$100K 26.4%
COMMUTE TIME DISTRIBUTION

70% of the working population has a commute time of 15 to 44 minutes, 25% 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 2.9%
5-9 mins 8.3%
10-14 mins 13.9%
15-19 mins 20.3%
20-29 mins 31.7%
30-44 mins 17.9%
45-59 mins 2.2%
>60 mins 2.6%

NEWPORT Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.2%
Educational Services 10.4%
Financial Industries 9.8%
Health Care & Social Assistance 19.7%
Manufacturing 6.9%
Retail & Wholesale Trader 14.5%
Other 30.5%
AGE DISTRIBUTION

49% of the population is between the ages of 25 and 64, 34% is 24 or younger and 17% is 65 or older.

Age % Distribution
<15 13.6%
15-19 9.7%
20-24 10.6%
25-44 22.3%
45-65 26.9%
66+ 16.9%
OCCUPATION

Occupation % Distribution
Computer Engineering 10.0%
Healthcare 9.9%
Management, Business, & Financial 21.4%
Natural Resources Maintenance 8.8%
Production & Transportation 8.1%
Sales & Office 26.4%
Other 15.4%
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 10.8%
High School 26.5%
Masters Degree 9.8%
Some College 19.7%
Some High School 7.3%
Other 25.8%

6873 Cold Stream Rd Comps

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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. 41001
  2. 41015
  3. 41059