604 Winkler Ave · Louisville, KY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $839 – $1,559
Heat risk 5/10 · Moderate
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- 1.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- 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 +15.2/30.0
- DSCR +4.7/10.0
- Rent growth +4.0/5.0
- 1% rule +3.7/10.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$155,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Here is a great opportunity to get a 3 bedroom home with many updates - brand new A/C, new kitchen, new carpet, fresh paint! Investors are going to want to snatch this one up! Located near the University of Louisville, this is your chance to secure solid rental income for years to come. But not just investors! The shotgun style home with front, side, and rear entrances allows for a lot of versatility in how the 1100+ square feet are allocated for living and bedroom space. Can't beat the price for a house in such good shape! This may be perfect for the first-time homebuyer or a growing family. Come see it before it's under contract!
Key facts
- New ac unit
- Off street parking
- New roof
Tags
Property features AI
Finance
- HOA & community: No association fee; No monthly maintenance
Exterior
- Utilities: Electricity connected; Natural gas available
- Home design: Single-family residence (Shotgun style); 1 story
- Construction: Built in 1905; Vinyl siding with wood frame construction; Shingle roof; Crawl space foundation
- Exterior features: Privacy wood fencing enclosing the yard; Sidewalk
Interior
- Kitchen: Kitchen on the first floor; Dining room on the first floor
- Bedrooms: 3 bedrooms, all on the first floor; Primary bedroom on the first floor
- Bathrooms: 1 full bathroom on the first floor
- Heating & cooling: Forced air heating (natural gas); Central air conditioning
- Interior features: 5 total rooms; 3 closets; Cellar basement
- Laundry & utility: First-floor laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $155k.
Deal economics
- At list price, monthly cash flow is $53 ($636/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 $134k (13.4% below list).
- Recommended offer: $134k (13.4% below list) — sets the bar for 1% rule.
- Cap rate 6.7% vs local median 5.0% in Louisville — 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 63/100 on livability (#333 in KY) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, health & safety D+, schools D-.
- Jefferson County (urban): math 19% / reading 35% proficiency, ranked #121 of 165 in KY (top 73%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Market conditions: Rents rising fast (+6.1%/yr); 76 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,836 units permitted in Jefferson County in 2024 (1,558 in 5+ unit buildings).
- This rent runs 41% of the median local income ($40k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Jefferson County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 110 days — a 9% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 25y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $85k; list at $155k implies a 82% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 110 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
- Built in 1905 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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.
- 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.
- 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
- 0.87% ✗
- Cap rate
- 6.70%
- Cash-on-cash
- 1.47%
- DSCR
- 1.07
- GRM
- 9.6
CMA / ARV
- ARV (on-the-fly)
- $131,216
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 511 M St | 0.10mi | 3/1.0 | 1,075 (-3%) | 3mo | $135,000 | $126 | 88 |
| 613 Creel Ave | 0.18mi | 3/1.0 | 1,182 (+6%) | 3mo | $185,000 | $157 | 79 |
| 3017 Rodman St | 0.31mi | 3/1.0 | 1,203 (+8%) | 2mo | $142,500 | $118 | 70 |
| 520 M St | 0.10mi | 2/1.0 (-1) | 986 (-11%) | 2mo | $57,500 | $58 | 69 |
| 1209 Weller Ave | 0.38mi | 2/1.0 (-1) | 1,080 (-3%) | 4mo | $125,000 | $116 | 69 |
| 1127 Lillian Ave | 0.44mi | 3/1.0 | 1,152 (+4%) | 5mo | $122,500 | $106 | 69 |
| 1153 Lincoln Ave | 0.45mi | 2/1.0 (-1) | 1,205 (+8%) | 5mo | $119,000 | $99 | 56 |
| 1125 Homeview Dr | 0.64mi | 3/1.0 | 1,230 (+11%) | 2mo | $125,000 | $102 | 50 |
| 938 Burton Ave | 0.42mi | 2/1.0 (-1) | 956 (-14%) | 5mo | $139,900 | $146 | 48 |
| 1148 Euclid Ave | 0.61mi | 3/1.0 | 950 (-15%) | 2mo | $150,000 | $158 | 46 |
| 1315 Weller Ave | 0.69mi | 2/1.0 (-1) | 996 (-10%) | 3mo | $125,000 | $126 | 43 |
| 1401 Homeview Dr | 0.72mi | 4/1.0 (+1) | 1,244 (+12%) | 5mo | $127,000 | $102 | 38 |
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 · 6.06% rent growth · sell at horizon
- IRR
- -10.8%
- Equity multiple
- 0.60×
- Total profit
- $-17,503
- Equity at exit
- $23,111
- IRR
- 2.2%
- Equity multiple
- 1.18×
- Total profit
- $7,636
- Equity at exit
- $13,402
Cash invested: $43,400 (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
ZIP-level market 40208
- Home prices YoY
- -23.3%
- Rents YoY
- 6.1%
- Active inventory
- 76
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $1,342 high interval (Pro) →
- Mortgage (P&I)
- −$813
- Tax from tax record
- −$130 /mo · $1,558/yr
- Insurance
- −$65
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$282
- Net cashflow
- $53
Break-even live
Sensitivity live
| Price | -10% $141 | -5% $97 | +0% $53 | +5% $9 | +10% $-35 |
|---|---|---|---|---|---|
| Rent | -10% $-53 | -5% $0 | +0% $53 | +5% $106 | +10% $159 |
| Rate | -1.0pp $131 | -0.5pp $92 | base $53 | +0.5pp $13 | +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
- $38,750
- Closing costs
- $4,650
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 500 Montana Ave Louisville, KY | 2.0 | 1.0 | 1191 | $1,200 | $1.01 | 15d | 1 | 0.10mi |
| 508 M St Louisville, KY | 2.0 | 1.5 | 1035 | $1,100 | $1.06 | 24d | 1 | 0.14mi |
| 510 Colorado Ave Louisville, KY | 3.0 | 2.0 | 1500 | $1,750 | $1.17 | 24d | 1 | 0.25mi |
| 315 M St Unit 101 Louisville, KY | 3.0 | 1.5 | 1200 | $1,800 | $1.50 | 12d | 1 | 0.25mi |
| 2718 S 3rd St Unit 1 Louisville, KY | 2.0 | 1.0 | 1200 | $1,400 | $1.17 | 12d | 1 | 0.27mi |
| 2501 S 4th St Louisville, KY | 1.0–3.0 | 1.0–3.0 | 897 | $6,345 | $7.07 | 4d | 1 | 0.30mi |
| 2501 S 3rd St Louisville, KY | 1.0–2.0 | 1.0–2.0 | 1011 | $1,550 | $1.53 | 4d | 2 | 0.31mi |
| 2826 Taylor Blvd Louisville, KY | 3.0 | 1.0 | 1044 | $1,345 | $1.29 | 24d | 1 | 0.32mi |
| 2913 S 3rd St Louisville, KY | 2.0 | 1.0 | 1026 | $1,200 | $1.17 | 24d | 1 | 0.38mi |
| 1055 Euclid Ave Louisville, KY | 2.0 | 1.0 | 914 | $1,325 | $1.45 | 24d | 1 | 0.41mi |
| 1120 Weller Ave Louisville, KY | 2.0 | 1.0 | 912 | $1,500 | $1.64 | 4d | 1 | 0.42mi |
| 1147 Lincoln Ave Louisville, KY | 4.0 | 1.0 | 1323 | $1,295 | $0.98 | 4d | 1 | 0.43mi |
| 1161 Lincoln Ave Louisville, KY | 2.0 | 1.5 | 1358 | $1,150 | $0.85 | 17d | 1 | 0.48mi |
| 3107 Montana Ave Louisville, KY | 2.0 | 1.0 | 986 | $995 | $1.01 | 24d | 1 | 0.48mi |
| 1301 Lillian Ave Louisville, KY | 3.0 | 1.0 | 974 | $1,250 | $1.28 | 17d | 1 | 0.51mi |
| 1122 Larchmont Ave Unit B Louisville, KY | 2.0 | 1.0 | 864 | $750 | $0.87 | 24d | 1 | 0.64mi |
| 1122 Larchmont Ave Louisville, KY | 2.0 | 1.0 | 864 | $750 | $0.87 | 17d | 1 | 0.64mi |
| 1305 Larchmont Ave Louisville, KY | 2.0 | 1.0 | 1113 | $1,350 | $1.21 | 17d | 1 | 0.65mi |
| 4600 South St Unit PARKWAYE1 Louisville, KY | 2.0 | 1.0 | 700 | $749 | $1.07 | 24d | 1 | 0.74mi |
| 1244 Algonquin Pkwy Louisville, KY | 3.0 | 1.5 | 1136 | $1,400 | $1.23 | 24d | 1 | 0.76mi |
| 1438 Lillian Ave Louisville, KY | 2.0 | 1.0 | 777 | $1,050 | $1.35 | 18d | 1 | 0.77mi |
| 2 Eutropia Ct Louisville, KY | 3.0 | 2.0 | 1367 | $1,950 | $1.43 | 18d | 1 | 0.83mi |
| 3860 Southern Pkwy Louisville, KY | 3.0 | 1.0 | 1064 | $1,250 | $1.17 | 24d | 1 | 0.88mi |
| 310 W Kenton St Louisville, KY | 3.0 | 2.0 | 1295 | $1,350 | $1.04 | 24d | 1 | 0.91mi |
| 1637 Thornberry Ave Louisville, KY | 2.0 | 1.0 | 700 | $1,250 | $1.79 | 4d | 1 | 0.91mi |
| 615 Dresden Ave Louisville, KY | 3.0 | 1.0 | 884 | $1,450 | $1.64 | 24d | 1 | 0.92mi |
| 3909 Southern Pkwy Unit 2 Louisville, KY | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 4d | 1 | 0.93mi |
| 623 Dresden Ave Louisville, KY | 2.0 | 1.0 | 750 | $975 | $1.30 | 17d | 1 | 0.93mi |
| 1501 Bellamy Pl Louisville, KY | 2.0–4.0 | 2.0–4.0 | 1074 | $2,217 | $2.06 | 4d | 1 | 0.94mi |
| 1702 S 2nd St Apt 1 Louisville, KY | 2.0 | 1.0 | 875 | $1,100 | $1.26 | 24d | 1 | 0.94mi |
| 520 Wainwright Ave Louisville, KY | 2.0 | 1.0 | 1000 | $1,495 | $1.50 | 17d | 1 | 0.98mi |
| 409 W Gaulbert Ave Unit 201 Louisville, KY | 2.0 | 1.0 | 772 | $1,100 | $1.42 | 24d | 1 | 1.01mi |
| 4007 Southern Pkwy Unit 1 Louisville, KY | 4.0 | 1.0 | 1500 | $1,395 | $0.93 | 4d | 1 | 1.02mi |
| 1521 S 4th St Unit 6 Louisville, KY | 2.0 | 1.0 | 750 | $1,025 | $1.37 | 24d | 1 | 1.03mi |
| 1521 S 4th St Unit 7 Louisville, KY | 2.0 | 1.0 | 750 | $1,125 | $1.50 | 24d | 1 | 1.03mi |
| 2125 Crittenden Dr Louisville, KY | 3.0 | 2.0 | 1450 | $1,800 | $1.24 | 18d | 1 | 1.03mi |
| 551 Denmark St Louisville, KY | 3.0 | 1.5 | 1160 | $1,700 | $1.47 | 24d | 1 | 1.05mi |
| 414 W Hill St Louisville, KY | 3.0 | 1.5 | 1150 | $1,500 | $1.30 | 24d | 1 | 1.06mi |
| 570 Lilly Ave Louisville, KY | 2.0 | 1.0 | 800 | $1,275 | $1.59 | 24d | 1 | 1.09mi |
| 415 Belgravia Ct Unit 3 Louisville, KY | 2.0 | 1.0 | 700 | $800 | $1.14 | 24d | 1 | 1.13mi |
Listing history 39 events
-
2026-06-21days on market $155,000 Active 110 DOM
-
2026-06-18days on market $155,000 Active 107 DOM
-
2026-06-17days on market $155,000 Active 106 DOM
-
2026-06-16days on market $155,000 Active 105 DOM
-
2026-06-15days on market $155,000 Active 104 DOM
-
2026-06-13days on market $155,000 Active 102 DOM
-
2026-06-10days on market $155,000 Active 99 DOM
-
2026-06-09days on market $155,000 Active 98 DOM
-
2026-06-08days on market $155,000 Active 97 DOM
-
2026-06-07days on market $155,000 Active 96 DOM
-
2026-06-03days on market $155,000 Active 92 DOM
-
2026-06-02days on market $155,000 Active 91 DOM
-
2026-06-01days on market $155,000 Active 90 DOM
-
2026-05-31days on market $155,000 Active 89 DOM
-
2026-05-11price $155,000
-
2026-04-15price $160,000
-
2026-04-02price $162,000
-
2026-03-23price $165,000
-
2026-03-10price $170,000
-
2026-03-03$175,000 Active
-
2020-08-03status Pending 639-char remark
Show marketing remark (639 chars)
Here is a great opportunity to get a 3 bedroom home with many updates - brand new A/C, new kitchen, new carpet, fresh paint! Investors are going to want to snatch this one up! Located near the University of Louisville, this is your chance to secure solid rental income for years to come. But not just investors! The shotgun style home with front, side, and rear entrances allows for a lot of versatility in how the 1100+ square feet are allocated for living and bedroom space. Can't beat the price for a house in such good shape! This may be perfect for the first-time homebuyer or a growing family. Come see it before it's under contract!
-
2020-08-03soldstatus $85,000 Closed 639-char remark
Show marketing remark (639 chars)
Here is a great opportunity to get a 3 bedroom home with many updates - brand new A/C, new kitchen, new carpet, fresh paint! Investors are going to want to snatch this one up! Located near the University of Louisville, this is your chance to secure solid rental income for years to come. But not just investors! The shotgun style home with front, side, and rear entrances allows for a lot of versatility in how the 1100+ square feet are allocated for living and bedroom space. Can't beat the price for a house in such good shape! This may be perfect for the first-time homebuyer or a growing family. Come see it before it's under contract!
-
2020-06-19historical Active Under Contract 639-char remark
Show marketing remark (639 chars)
Here is a great opportunity to get a 3 bedroom home with many updates - brand new A/C, new kitchen, new carpet, fresh paint! Investors are going to want to snatch this one up! Located near the University of Louisville, this is your chance to secure solid rental income for years to come. But not just investors! The shotgun style home with front, side, and rear entrances allows for a lot of versatility in how the 1100+ square feet are allocated for living and bedroom space. Can't beat the price for a house in such good shape! This may be perfect for the first-time homebuyer or a growing family. Come see it before it's under contract!
-
2020-06-18$85,000 Active 639-char remark
Show marketing remark (639 chars)
Here is a great opportunity to get a 3 bedroom home with many updates - brand new A/C, new kitchen, new carpet, fresh paint! Investors are going to want to snatch this one up! Located near the University of Louisville, this is your chance to secure solid rental income for years to come. But not just investors! The shotgun style home with front, side, and rear entrances allows for a lot of versatility in how the 1100+ square feet are allocated for living and bedroom space. Can't beat the price for a house in such good shape! This may be perfect for the first-time homebuyer or a growing family. Come see it before it's under contract!
-
2017-12-19soldstatus $63,000
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2017-12-08soldstatus $63,000 Closed 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
-
2017-10-15status Pending 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
-
2017-09-26status Active 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
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2017-09-26price $71,000 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
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2017-09-26price $67,000 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
-
2017-09-14historical 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
-
2017-09-14$68,000 370-char remark
Show marketing remark (370 chars)
Check out this updated home that is minutes from the University of Louisville. There is also a nice 25 x 16 deck, which would be perfect for entertaining. New electric hot water heater and furnace was installed 2014. House was renovated in 2009 - windows , siding, floors, insulation, drywall, electric, plumbing, etc. New carpet and paint was done in the last 6 months.
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2017-09-13historical
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2017-06-13$68,000 Active
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2007-01-11soldstatus $15,900
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2007-01-10soldstatus $15,900
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2006-08-16$19,900
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2002-04-26soldstatus $33,000
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2001-10-14$36,500
ⓘ 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
- $1,558 · $130/mo
- Projected year-2 tax
- $1,558 · $130/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ 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 1/10 Low
- Heat 5/10 Major 7 d/yr ≥104°F today · 20 d/yr by 30 yrs out
- Wind 2/10 Low 100% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,105
- − Mortgage interest
- −$8,682
- − Property taxes
- −$1,558
- − Insurance
- −$775
- − Repairs & maintenance
- −$1,288
- − Management
- −$1,288
- − Depreciation
- −$4,509
- Taxable loss
- −$1,996
- Est. tax savings @ 24.0%
- +$479
- After-tax cash flow
- $1,115/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
- Jefferson County
- NCES district ID
- 2102990
- Math proficiency
- 19% ▼ -17.00%
- Reading proficiency
- 35% ▼ -11.00%
- Median HH income
- $47,885
- Composite
- 23.45/100
- National rank
- #7884
- State rank
- #121 of 165 in KY
Livability — Louisville
- Score
- 63/100
- State rank
- #333
- US rank
- #15887
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Louisville, KY
- County
- Jefferson County · 790,184 people
- City population
- 769,292
- Metro
- Louisville/Jefferson County, KY-IN
- Population (ZIP)
- 15,605
- Household income
- $39,560
- Rent vs Own
- Severe rent burden
- 1136.0
Population outlook (Jefferson County) Hauer SSP2
- Today (2025)
- 823,112 people
- By 2030
- 849,343 · +3.2%
- By 2040
- 895,696 · +8.8%
- By 2050
- 933,630 · +13.4%
- By 2075
- 1,028,262 · +24.9%
- By 2100
- 1,072,675 · +30.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 62% Black 22% Two or more races 9% Hispanic / Latino 6% Asian 1%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Italian 3% Lithuanian 2% Slovak 2%
- Foreign-born
- 5% · Canada, China, South Korea
- Languages at home
- 90% English-only · Spanish 3% French/Haitian/Cajun 1%
Political lean MEDSL · Jefferson
- 2024 margin
- D (+16.6) · D 57.4% · R 40.9% · Other 1.7%
- 2008→2024 swing
- +4.5pp toward D · 2008: 12.0pp · 2024: 16.6pp
- All cycles
- 2024: D+16.6 2020: D+20.1 2016: D+13.3 2012: D+11.1 2008: D+12.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -72.97%
- Current HPI
- 240.6261
- Rent YoY
- ▲ 6.06%
- Metro
- Louisville/Jefferson County, KY-IN
- State GDP YoY
- ▲ 1.81%
- F500 in state
- 4
Industry mix (Fortune 500 HQ in KY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Healthcare | 1 | $118B |
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| Food / Beverage | 1 | $7B |
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Price history
+324.7% since first listed25 events — show timeline
- 2026-05-11 Price Changed $155,000 Metro Search MLS
- 2026-04-15 Price Changed $160,000 Metro Search MLS
- 2026-04-02 Price Changed $162,000 Metro Search MLS
- 2026-03-23 Price Changed $165,000 Metro Search MLS
- 2026-03-10 Price Changed $170,000 Metro Search MLS
- 2026-03-03 Listed $175,000 Metro Search MLS
- 2020-08-03 Pending — Metro Search MLS
- 2020-08-03 Sold (MLS) $85,000 Metro Search MLS
- 2020-06-19 Contingent — Metro Search MLS
- 2020-06-18 Listed $85,000 Metro Search MLS
- 2017-12-19 Sold (Public Records) $63,000 Public Records
- 2017-12-08 Sold (MLS) $63,000 Metro Search MLS
- 2017-10-15 Pending — Metro Search MLS
- 2017-09-26 Relisted — Metro Search MLS
- 2017-09-26 Price Changed $67,000 Metro Search MLS
- 2017-09-26 Price Changed $71,000 Metro Search MLS
- 2017-09-14 Listed $68,000 Metro Search MLS
- 2017-09-14 Listing Removed — Metro Search MLS
- 2017-09-13 Listing Removed — Metro Search MLS
- 2017-06-13 Listed $68,000 Metro Search MLS
- 2007-01-11 Sold (Public Records) $15,900 Public Records
- 2007-01-10 Sold (MLS) $15,900 Metro Search MLS
- 2006-08-16 Listed $19,900 Metro Search MLS
- 2002-04-26 Sold (MLS) $33,000 Metro Search MLS
- 2001-10-14 Listed $36,500 Metro Search MLS
Property tax history
+10.9%/yrLatest (2025): $1,558 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…