501 Moore Dr · Elizabethtown, KY 42701

$229,000

4 bd · 2.0 ba · 1,664 sqft · SingleFamily public records · 28 Days on market

Built 2001 0.50 ac lot Est $290k · 21% 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 +19.7/30.0
• ARV discount +15.0/15.0
• DSCR +6.2/10.0
• 1% rule +4.2/10.0
• Livability +3.6/5.0
• Rent growth +3.3/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Completely Remodeled and Ready for your family! Welcome to this 4 bedroom, 2 bathroom TOTALLY renovated Elizabethtown home. Every aspect of this home has been replaced, updated, and upgraded! With new appliances, new flooring throughout, and new doors & windows, this 4 bedroom family home has space for everyone to enjoy together. With a new metal roof, new plumbing & electric, and brand-new HVAC & water heater, 501 Moore is entirely move in ready. The only part missing is YOU! Reach out today with any questions & schedule you private tour today before this Elizabethtown home is snatched up!

Key facts

• 0.5 acre lot
• Garage
• Built 2001

Property features AI

Finance

• Other: Subdivision: GLENDALE HILLS
• HOA & community: No association fee

Exterior

• Parking: Detached parking
• Utilities: Electricity connected; Other utility services
• Home design: Single family residence; One-story home; Built in 2001; Architectural style: Other
• Construction: Vinyl siding exterior; Metal roof; Concrete block foundation
• Exterior features: Corner lot; Lot of 0.5 acres

Interior

• Kitchen: Kitchen located on the first floor; Dining area adjacent to the kitchen
• Bedrooms: Four bedrooms, all on the first floor; Primary bedroom located on the first floor
• Bathrooms: Two full bathrooms, including a primary full bathroom on the first floor; No half bathrooms listed
• Heating & cooling: Heat pump heating; Central air conditioning
• Interior features: Eight total rooms; Family room on the first floor; Dining area on the first floor; No basement
• Laundry & utility: Laundry room on the first floor

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $229k.

Deal economics

• At list price, monthly cash flow is $267 ($3k/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 $210k (8.2% below list).
• Recommended offer: $210k (8.2% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 3.4% in Elizabethtown — 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 72/100 on livability (#131 in KY) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A; Watch: employment D, amenities F, commute F.
• Elizabethtown Independent (urban): math 26% / reading 45% proficiency, ranked #66 of 165 in KY (top 40%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.3%/yr); 539 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 946 units permitted in Hardin County in 2024 (464 in 5+ unit buildings).
• This rent runs 36% of the median local income ($70k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Hardin County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $80k; list at $229k implies a 187% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $210,216 (8.2% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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.
3. 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.
4. 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: 0.92% ✗
• Cap rate: 7.69%
• Cash-on-cash: 4.99%
• DSCR: 1.22
• GRM: 9.1

CMA / ARV

• ARV (on-the-fly): $289,536
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
203 Butterfield Dr	0.26mi	3/2.0 (-1)	1,724 (+4%)	1mo	$320,000	$186	76
203 Huckaberry St	0.32mi	3/2.0 (-1)	1,731 (+4%)	11mo	$276,000	$159	64
126 Dupree Ct	0.28mi	4/2.5	1,913 (+15%)	1mo	$375,000	$196	60
423 Franklin Ave	0.37mi	3/1.0 (-1)	1,782 (+7%)	12mo	$225,000	$126	52
102 Dixon Ave	0.46mi	3/1.0 (-1)	1,750 (+5%)	21mo	$206,860	$118	44
400 Jey Dr	0.56mi	3/2.5 (-1)	1,792 (+8%)	18mo	$320,000	$179	39
103 Wintersmith Ct	0.35mi	3/2.5 (-1)	1,440 (-14%)	20mo	$269,900	$187	38
228 College St	0.71mi	5/2.0 (+1)	1,730 (+4%)	22mo	$272,500	$158	37
511 Nicholas St	0.54mi	3/2.0 (-1)	1,460 (-12%)	20mo	$237,000	$162	32
220 Blossom Ln	0.72mi	3/2.5 (-1)	1,464 (-12%)	10mo	$255,000	$174	31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.32% rent growth · sell at horizon

5-year hold

• IRR: -8.3%
• Equity multiple: 0.70×
• Total profit: $-19,515
• Equity at exit: $34,145

10-year hold

• IRR: 1.6%
• Equity multiple: 1.11×
• Total profit: $7,357
• Equity at exit: $19,800

Cash invested: $64,120 (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 42701

• Home prices YoY: -29.8%
• Rents YoY: 3.3%
• Active inventory: 539
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $2,102 medium
• Mortgage (P&I): −$1,201
• Tax from tax record: −$97 /mo · $1,170/yr
• Insurance: −$95
• HOA: −$0
• Vacancy / Maint / Mgmt: −$441
• Net cashflow: $267

Break-even live

Break-even rent $1,764

Max offer price $229,000

Occupancy floor 82%

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1101 Nicholas St Elizabethtown, KY	2.0–4.0	2.0–3.5	1907	$2,999	$1.57	43d	4	0.96mi

Listing history 25 events

1. 2026-06-19
   days on market $229,000 Active 28 DOM
2. 2026-06-18
   days on market $229,000 Active 27 DOM
3. 2026-06-17
   days on market $229,000 Active 26 DOM
4. 2026-06-16
   days on market $229,000 Active 25 DOM
5. 2026-06-15
   days on market $229,000 Active 24 DOM
6. 2026-06-14
   days on market $229,000 Active 22 DOM
7. 2026-06-13
   days on market $229,000 Active 21 DOM
8. 2026-06-10
   days on market $229,000 Active 19 DOM
9. 2026-06-09
   days on market $229,000 Active 18 DOM
10. 2026-06-08
    days on market $229,000 Active 17 DOM
11. 2026-06-07
    days on market $229,000 Active 16 DOM
12. 2026-06-05
    days on market $229,000 Active 13 DOM
13. 2026-06-02
    days on market $229,000 Active 11 DOM
14. 2026-06-01
    days on market $229,000 Active 10 DOM
15. 2026-05-31
    days on market $229,000 Active 9 DOM
16. 2026-05-30
    days on market $229,000 Active 8 DOM
17. 2026-05-22
    listed $229,000 Active 622-char remark

    Show marketing remark (622 chars)

    Completely Remodeled and Ready for your family! Welcome to this 4 bedroom, 2 bathroom TOTALLY renovated Elizabethtown home. Every aspect of this home has been replaced, updated, and upgraded! With new appliances, new flooring throughout, and new doors & windows, this 4 bedroom family home has space for everyone to enjoy together. With a new metal roof, new plumbing & electric, and brand-new HVAC & water heater, 501 Moore is entirely move in ready. The only part missing is YOU! Reach out today with any questions & schedule you private tour today before this Elizabethtown home is snatched up!

18. 2026-05-22
    listed $229,000 Active

    Show marketing remark (622 chars)

    Completely Remodeled and Ready for your family! Welcome to this 4 bedroom, 2 bathroom TOTALLY renovated Elizabethtown home. Every aspect of this home has been replaced, updated, and upgraded! With new appliances, new flooring throughout, and new doors & windows, this 4 bedroom family home has space for everyone to enjoy together. With a new metal roof, new plumbing & electric, and brand-new HVAC & water heater, 501 Moore is entirely move in ready. The only part missing is YOU! Reach out today with any questions & schedule you private tour today before this Elizabethtown home is snatched up!

19. 2026-02-22
    historical
20. 2025-10-14
    price $232,000
21. 2025-10-14
    price $232,000
22. 2025-08-22
    listed $235,000 Active
23. 2024-07-18
    soldstatus $79,900 Closed
24. 2024-02-21
    status Pending
25. 2024-02-09
    listed $79,900 Active

ⓘ 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: $1,170 · $97/mo
• Projected year-2 tax: $1,969 · $164/mo
• Expected delta: +$799/yr (+$67/mo · 68.3%)

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

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,226
• − Mortgage interest: −$12,828
• − Property taxes: −$1,170
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,018
• − Management: −$2,018
• − Depreciation: −$6,662
• Taxable loss: −$615
• Est. tax savings @ 24.0%: +$147
• After-tax cash flow: $3,350/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: Elizabethtown Independent
• NCES district ID: 2101650
• Math proficiency: 26% ▼ -25.00%
• Reading proficiency: 45% ▼ -17.00%
• Median HH income: $36,400
• Composite: 29.39/100
• National rank: #6526
• State rank: #66 of 165 in KY

Livability — Elizabethtown

• Score: 72/100
• State rank: #131
• US rank: #6198

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Elizabethtown, KY
• County: Hardin County · 77,611 people
• City population: 53,987
• Metro: Elizabethtown-Fort Knox, KY
• Population (ZIP): 53,987
• Household income: $69,619
• Rent vs Own: 38.4% rent · 61.6% own
• Severe rent burden: 1663.0

Population outlook (Hardin County) Hauer SSP2

• Today (2025): 105,573 people
• By 2030: 103,563 · -1.9%
• By 2040: 97,077 · -8.0%
• By 2050: 88,367 · -16.3%
• By 2075: 65,405 · -38.0%
• By 2100: 42,245 · -60.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 9% Two or more races 6% Hispanic / Latino 5% Asian 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Italian 3% Slovak 2% Romanian 2%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 94% English-only · Spanish 3% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Hardin

• 2024 margin: Strong R (+29.3) · D 34.5% · R 63.8% · Other 1.7%
• 2008→2024 swing: -8.7pp toward R · 2008: -20.6pp · 2024: -29.3pp
• All cycles: 2024: R+29.3 2020: R+24.0 2016: R+30.2 2012: R+20.8 2008: R+20.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -96.94%
• Current HPI: 228.7091
• Rent YoY: ▲ 3.32%
• Metro: Elizabethtown-Fort Knox, KY
• 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

+186.6% since first listed

9 events — show timeline

• 2026-05-22 Listed $229,000 Metro Search MLS
• 2026-05-22 Listed $229,000 HKARMLS
• 2026-02-22 Listing Removed — Metro Search MLS
• 2025-10-14 Price Changed $232,000 HKARMLS
• 2025-10-14 Price Changed $232,000 Metro Search MLS
• 2025-08-22 Listed $235,000 Metro Search MLS
• 2024-07-18 Sold (MLS) $79,900 HKARMLS
• 2024-02-21 Pending — HKARMLS
• 2024-02-09 Listed $79,900 HKARMLS

Property tax history

+12.7%/yr

Latest (2025): $1,170 · +0.3% YoY. Source: county tax records.