254 Hunter Rd · Taylorsville, KY 40071

$255,000

3 bd · 2.0 ba · 1,759 sqft · Other · 214 Days on market

Built 1900 0.84 ac lot $145/sqft · 20% below area Est $320k · 20% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.5/30.0
• ARV discount +15.0/15.0
• DSCR +4.8/10.0
• Schools +3.9/10.0
• Livability +3.6/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Residence in Taylorsville Welcome to 254 Hunter Rd, a delightful family home nestled in the serene countryside of Taylorsville, Kentucky. This inviting property features a spacious layout with 3 bedrooms and 2 bathrooms, perfect for comfortable living. The well-appointed kitchen boasts modern appliances and ample counter space, making it ideal for culinary adventures. Adjacent to the kitchen, the cozy living area provides a warm atmosphere for family gatherings and entertaining guests. Step outside to discover a beautifully landscaped yard, offering plenty of space for outdoor activities and relaxation. Whether you're sipping coffee on the new deck or enjoying a barbecue in the backyard, this home provides a perfect retreat. Conveniently located near local amenities schools, and parks, this property combines tranquility with accessibility. Don't miss out on the opportunity to make this lovely house your home!

Key facts

• Ample counter space
• Modern appliances
• Cozy living area

Tags

• WELL-APPOINTED KITCHEN
• MODERN APPLIANCES
• AMPLE COUNTER SPACE
• COZY LIVING AREA
• BEAUTIFULLY LANDSCAPED YARD
• NEW DECK

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $255k.

Deal economics

• At list price, monthly cash flow is $105 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $213k (16.4% below list).
• Recommended offer: $213k (16.4% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 3.9% in Taylorsville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#149 in KY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: amenities F, commute F, employment F.
• Spencer County (rural): math 41% / reading 46% proficiency, ranked #18 of 165 in KY (top 11%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Taylorsville Elementary School (math 46% / reading 44%, grade D-, #143 of 676 statewide, top 22%, 628 students, 53% FRL); Spencer County Middle School (math 37% / reading 50%, grade D, #42 of 217 statewide, top 19%, 721 students, 39% FRL); Spencer County High School (math 35% / reading 43%, grade F, #51 of 254 statewide, top 21%, 992 students, 35% FRL) — zoned schools at 42% FRL track the district average.
• Market conditions: 113 active listings in the ZIP; 126 units permitted in Spencer County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Spencer County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 214 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 7y ago; this cycle's ask has dropped $32k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $51k; list at $255k implies a 405% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $213,305 (16.4% below list)

Questions for the listing agent

1. It's been on market 214 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.84% ✗
• Cap rate: 6.79%
• Cash-on-cash: 1.76%
• DSCR: 1.08
• GRM: 10.0

CMA / ARV

• ARV (median comp): $319,601
• List price: $255,000
• Delta: -20.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.5%
• Equity multiple: 0.51×
• Total profit: $-34,719
• Equity at exit: $38,021

10-year hold

• IRR: -4.7%
• Equity multiple: 0.69×
• Total profit: $-21,953
• Equity at exit: $22,048

Cash invested: $71,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Kentucky: 83 Strongly Landlord-Friendly · R+16
• County: — inherits STATE
• City: — inherits STATE

7-day pay-or-quit (URLTA cities); generally landlord-friendly.

Methodology + full state rankings →

ZIP-level market 40071

• Home prices YoY: -13.4%
• Active inventory: 113
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,133 medium
• Mortgage (P&I): −$1,337
• Tax from tax record: −$137 /mo · $1,640/yr
• Insurance: −$106
• HOA: −$0
• Vacancy / Maint / Mgmt: −$448
• Net cashflow: $105

Break-even live

Break-even rent $2,000

Max offer price $255,000

Occupancy floor 90%

Sensitivity live

Price	-10% $249	-5% $177	+0% $105	+5% $33	+10% $-39
Rent	-10% $-64	-5% $21	+0% $105	+5% $189	+10% $273
Rate	-1.0pp $233	-0.5pp $170	base $105	+0.5pp $39	+1.0pp $-28

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $63,750
• Closing costs: $7,650
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $255,000 Active 214 DOM
2. 2026-06-17
   days on market $255,000 Active 213 DOM
3. 2026-06-16
   days on market $255,000 Active 212 DOM
4. 2026-06-15
   days on market $255,000 Active 211 DOM
5. 2026-06-13
   days on market $255,000 Active 209 DOM
6. 2026-06-10
   days on market $255,000 Active 206 DOM
7. 2026-06-09
   days on market $255,000 Active 205 DOM
8. 2026-06-08
   days on market $255,000 Active 204 DOM
9. 2026-06-07
   days on market $255,000 Active 203 DOM
10. 2026-06-03
    days on market $255,000 Active 199 DOM
11. 2026-06-02
    days on market $255,000 Active 198 DOM
12. 2026-05-31
    pricedays on market $255,000 Active 197 DOM
13. 2026-04-24
    price $265,000 937-char remark

    Show marketing remark (937 chars)

    Charming Residence in Taylorsville Welcome to 254 Hunter Rd, a delightful family home nestled in the serene countryside of Taylorsville, Kentucky. This inviting property features a spacious layout with 3 bedrooms and 2 bathrooms, perfect for comfortable living. The well-appointed kitchen boasts modern appliances and ample counter space, making it ideal for culinary adventures. Adjacent to the kitchen, the cozy living area provides a warm atmosphere for family gatherings and entertaining guests. Step outside to discover a beautifully landscaped yard, offering plenty of space for outdoor activities and relaxation. Whether you're sipping coffee on the new deck or enjoying a barbecue in the backyard, this home provides a perfect retreat. Conveniently located near local amenities schools, and parks, this property combines tranquility with accessibility. Don't miss out on the opportunity to make this lovely house your home!

14. 2026-04-02
    price $274,500 937-char remark

    Show marketing remark (937 chars)

    Charming Residence in Taylorsville Welcome to 254 Hunter Rd, a delightful family home nestled in the serene countryside of Taylorsville, Kentucky. This inviting property features a spacious layout with 3 bedrooms and 2 bathrooms, perfect for comfortable living. The well-appointed kitchen boasts modern appliances and ample counter space, making it ideal for culinary adventures. Adjacent to the kitchen, the cozy living area provides a warm atmosphere for family gatherings and entertaining guests. Step outside to discover a beautifully landscaped yard, offering plenty of space for outdoor activities and relaxation. Whether you're sipping coffee on the new deck or enjoying a barbecue in the backyard, this home provides a perfect retreat. Conveniently located near local amenities schools, and parks, this property combines tranquility with accessibility. Don't miss out on the opportunity to make this lovely house your home!

15. 2026-01-06
    price $281,999 937-char remark

    Show marketing remark (937 chars)

    Charming Residence in Taylorsville Welcome to 254 Hunter Rd, a delightful family home nestled in the serene countryside of Taylorsville, Kentucky. This inviting property features a spacious layout with 3 bedrooms and 2 bathrooms, perfect for comfortable living. The well-appointed kitchen boasts modern appliances and ample counter space, making it ideal for culinary adventures. Adjacent to the kitchen, the cozy living area provides a warm atmosphere for family gatherings and entertaining guests. Step outside to discover a beautifully landscaped yard, offering plenty of space for outdoor activities and relaxation. Whether you're sipping coffee on the new deck or enjoying a barbecue in the backyard, this home provides a perfect retreat. Conveniently located near local amenities schools, and parks, this property combines tranquility with accessibility. Don't miss out on the opportunity to make this lovely house your home!

16. 2025-11-15
    listed $286,999 Active 937-char remark

    Show marketing remark (937 chars)

    Charming Residence in Taylorsville Welcome to 254 Hunter Rd, a delightful family home nestled in the serene countryside of Taylorsville, Kentucky. This inviting property features a spacious layout with 3 bedrooms and 2 bathrooms, perfect for comfortable living. The well-appointed kitchen boasts modern appliances and ample counter space, making it ideal for culinary adventures. Adjacent to the kitchen, the cozy living area provides a warm atmosphere for family gatherings and entertaining guests. Step outside to discover a beautifully landscaped yard, offering plenty of space for outdoor activities and relaxation. Whether you're sipping coffee on the new deck or enjoying a barbecue in the backyard, this home provides a perfect retreat. Conveniently located near local amenities schools, and parks, this property combines tranquility with accessibility. Don't miss out on the opportunity to make this lovely house your home!

17. 2022-10-12
    historical
18. 2022-10-09
    listed $259,000 Active
19. 2020-10-28
    soldstatus $50,501 Closed
20. 2020-10-05
    status Pending
21. 2020-09-02
    status Active
22. 2020-09-02
    price $38,300
23. 2020-08-24
    status Pending
24. 2020-08-12
    listed $45,000 Active
25. 2019-06-04
    historical
26. 2019-03-01
    price $74,999
27. 2019-02-28
    listed $75,000 Active
28. 1996-01-01
    soldstatus $50,000
29. 1903-01-01
    soldstatus $75,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast KY · Resets to sale price

• Current annual tax: $1,640 · $137/mo
• Projected year-2 tax: $2,193 · $183/mo
• Expected delta: +$552/yr (+$46/mo · 33.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥104°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,597
• − Mortgage interest: −$14,284
• − Property taxes: −$1,640
• − Insurance: −$1,275
• − Repairs & maintenance: −$2,048
• − Management: −$2,048
• − Depreciation: −$7,418
• Taxable loss: −$3,117
• Est. tax savings @ 24.0%: +$748
• After-tax cash flow: $2,007/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Spencer County
• NCES district ID: 2105490
• Math proficiency: 41% ▼ -14.00%
• Reading proficiency: 46% ▼ -19.00%
• Median HH income: $64,167
• Composite: 38.74/100
• National rank: #4125
• State rank: #18 of 165 in KY

Livability — Taylorsville

• Score: 71/100
• State rank: #149
• US rank: #7189

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment F Housing A+ Health & safety B User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 16,702

Population outlook (Spencer County) Hauer SSP2

• Today (2025): 20,077 people
• By 2030: 21,008 · +4.6%
• By 2040: 22,560 · +12.4%
• By 2050: 23,480 · +16.9%
• By 2075: 25,222 · +25.6%
• By 2100: 25,550 · +27.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 2% Black 1%
• Common ancestry: Italian 4% Slovak 2% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Spencer

• 2024 margin: Solid R (+56.7) · D 21.0% · R 77.8% · Other 1.2%
• 2008→2024 swing: -21.2pp toward R · 2008: -35.5pp · 2024: -56.7pp
• All cycles: 2024: R+56.7 2020: R+54.3 2016: R+55.5 2012: R+37.7 2008: R+35.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.62%
• Current HPI: 274.9283
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.81%
• F500 in state: 4

Industry mix (Fortune 500 HQ in KY)

Industry	F500 HQs	Revenue
▸Healthcare	1	$118B
▸Food / Beverage	1	$7B

Price history

+253.3% since first listed

17 events — show timeline

• 2026-04-24 Price Changed $265,000 Metro Search MLS
• 2026-04-02 Price Changed $274,500 Metro Search MLS
• 2026-01-06 Price Changed $281,999 Metro Search MLS
• 2025-11-15 Listed $286,999 Metro Search MLS
• 2022-10-12 Listing Removed — Metro Search MLS
• 2022-10-09 Listed $259,000 Metro Search MLS
• 2020-10-28 Sold (MLS) $50,501 Metro Search MLS
• 2020-10-05 Pending — Metro Search MLS
• 2020-09-02 Relisted — Metro Search MLS
• 2020-09-02 Price Changed $38,300 Metro Search MLS
• 2020-08-24 Pending — Metro Search MLS
• 2020-08-12 Listed $45,000 Metro Search MLS
• 2019-06-04 Listing Removed — Metro Search MLS
• 2019-03-01 Price Changed $74,999 Metro Search MLS
• 2019-02-28 Listed $75,000 Metro Search MLS
• 1996-01-01 Sold (Public Records) $50,000 Public Records
• 1903-01-01 Sold (Public Records) $75,000 Public Records

Property tax history

+16.7%/yr

Latest (2025): $1,640 · -0.4% YoY. Source: county tax records.