3627 Taylor Blvd · Louisville, KY 40215

$109,900

3 bd · 1.0 ba · 1,277 sqft · SingleFamily · 49 Days on market

Built 1921 4,051 sqft lot Est $175k · 37% under ↓ 8% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Rent growth +3.8/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks

This home is a 3 bedroom 1 bath that sits on a corner lot. Home has a nice size living room, dining room, kitchen, full bath and two bedrooms on the main level. Upstairs you will find two other rooms. Home is in need of repairs and Subject to court approval with 60-90 day closing. The property will be sold in ''as-is'' ''where-is'' condition.

Key facts

• Kitchen
• Living room
• Dining room

Tags

• CORNER LOT
• LIVING ROOM
• DINING ROOM
• KITCHEN
• FULL BATH
• TWO BEDROOMS

Property features AI

Finance

• Other: Subdivision: OAK PARK
• HOA & community: No association fee

Exterior

• Utilities: Electricity connected; Natural gas service
• Home design: Bungalow-style single family residence; 2 stories; Built in 1921
• Construction: Vinyl siding, wood frame, aluminum siding and brick construction; Shingle roof; Poured concrete foundation
• Exterior features: Partial chain-link fencing; Corner lot

Interior

• Kitchen: Kitchen on the first floor
• Bedrooms: 3 bedrooms (2 on the first floor, 1 on the second floor)
• Bathrooms: 1 full bathroom; 0 half bathrooms
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: 8 rooms total; 3 closets; Unfinished basement; Basement present; No fireplaces
• Laundry & utility: No first-floor laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $483 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.6% 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 (+5.2%/yr); 121 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d 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 40% of the median local income ($44k/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 $760 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $31k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1921 — 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.

Recommended offer $106,603 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1921 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.32% ✓
• Cap rate: 11.56%
• Cash-on-cash: 18.82%
• DSCR: 1.84
• GRM: 6.3

CMA / ARV

• ARV (on-the-fly): $174,949
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3611 Woodruff Ave	0.09mi	3/1.0	1,125 (-12%)	1mo	$175,000	$156	75
3533 Kahlert Ave	0.25mi	2/1.0 (-1)	1,231 (-4%)	3mo	$148,000	$120	75
3670 Woodruff Ave	0.16mi	3/1.0	1,102 (-14%)	4mo	$159,500	$145	66
1431 Berry Blvd	0.35mi	2/1.0 (-1)	1,184 (-7%)	4mo	$155,000	$131	63
1416 Berry Blvd	0.30mi	2/1.0 (-1)	1,154 (-10%)	3mo	$142,500	$123	63
1310 Southgate Ave	0.51mi	3/1.0	1,163 (-9%)	1mo	$159,900	$137	60
824 Dresden Ave	0.55mi	4/2.0 (+1)	1,225 (-4%)	2mo	$173,000	$141	57
1410 Weyler Ave	0.70mi	3/1.5	1,366 (+7%)	1mo	$205,000	$150	53
576 Longfield Ave	0.67mi	3/1.0	1,414 (+11%)	1mo	$179,300	$127	50
1225 Manitau Ave	0.56mi	3/1.0	1,450 (+14%)	3mo	$185,000	$128	49
548 Camden Ave	0.64mi	3/1.0	1,100 (-14%)	2mo	$180,000	$164	45
550 Longfield Ave	0.74mi	3/1.0	1,096 (-14%)	2mo	$130,000	$119	40

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 · 5.16% rent growth · sell at horizon

5-year hold

• IRR: 12.8%
• Equity multiple: 1.52×
• Total profit: $16,114
• Equity at exit: $16,386

10-year hold

• IRR: 23.2%
• Equity multiple: 3.19×
• Total profit: $67,265
• Equity at exit: $9,502

Cash invested: $30,772 (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 40215

• Home prices YoY: -34.4%
• Rents YoY: 5.2%
• Active inventory: 121
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,449 high
• Mortgage (P&I): −$576
• Tax from tax record: −$40 /mo · $483/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$304
• Net cashflow: $483

Break-even live

Break-even rent $838

Max offer price $109,900

Occupancy floor 62%

Sensitivity live

Price	-10% $545	-5% $514	+0% $483	+5% $452	+10% $420
Rent	-10% $368	-5% $425	+0% $483	+5% $540	+10% $597
Rate	-1.0pp $538	-0.5pp $511	base $483	+0.5pp $454	+1.0pp $425

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: $27,475
• Closing costs: $3,297
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3655 Kahlert Ave Louisville, KY	2.0	1.0	915	$1,300	$1.42	12d	1	0.22mi
3717 Wheeler Ave Louisville, KY	3.0	2.0	1124	$1,450	$1.29	24d	1	0.34mi
3746 Kahlert Ave Louisville, KY	3.0	1.0	955	$1,350	$1.41	16d	1	0.38mi
1411 Sale Ave Louisville, KY	2.0	1.0	936	$1,000	$1.07	16d	1	0.41mi
910 W Whitney Ave Louisville, KY	3.0	1.0	1186	$1,450	$1.22	12d	1	0.41mi
910 W Whitney Ave Louisville, KY	3.0	1.0	1186	$1,450	$1.22	2d	1	0.41mi
925 W Evelyn Ave Louisville, KY	3.0	1.5	1520	$1,650	$1.09	24d	1	0.45mi
3627 Parthenia Ave Louisville, KY	3.0	1.0	900	$1,245	$1.38	24d	1	0.49mi
4010 Taylor Blvd Louisville, KY	4.0	2.0	1612	$3,000	$1.86	16d	1	0.51mi
1522 Clara Ave Louisville, KY	3.0	2.0	1150	$1,150	$1.00	24d	1	0.53mi
1711 Valley Forge Way Unit 4 Louisville, KY	2.0	1.0	900	$949	$1.05	11d	1	0.67mi
551 Denmark St Louisville, KY	3.0	1.5	1160	$1,700	$1.47	24d	1	0.69mi
4000 Churchman Ave Louisville, KY	3.0	1.0	1000	$1,200	$1.20	16d	1	0.69mi
3524 Georgetown Cir Unit 3530 Louisville, KY	3.0	1.0	886	$1,350	$1.52	4d	1	0.71mi
3524 Georgetown Cir Louisville, KY	1.0–3.0	1.0	684	$1,350	$1.97	15d	4	0.71mi
3524 Georgetown Cir Louisville, KY	1.0–3.0	1.0	684	$1,350	$1.97	24d	2	0.71mi
615 Dresden Ave Louisville, KY	3.0	1.0	884	$1,450	$1.64	24d	1	0.73mi
4513 S 6th St Louisville, KY	3.0	2.0	1581	$2,650	$1.68	24d	1	0.81mi
4133 S 5th St Louisville, KY	4.0	1.0	1200	$1,435	$1.20	16d	1	0.81mi
4113 La Salle Ave Louisville, KY	2.0	1.0	875	$1,249	$1.43	16d	1	0.82mi
3860 Southern Pkwy Louisville, KY	3.0	1.0	1064	$1,250	$1.17	24d	1	0.93mi
4007 Southern Pkwy Unit 1 Louisville, KY	4.0	1.0	1500	$1,395	$0.93	4d	1	0.93mi
3909 Southern Pkwy Unit 2 Louisville, KY	3.0	1.0	1000	$1,100	$1.10	4d	1	0.96mi
310 W Kenton St Louisville, KY	3.0	2.0	1295	$1,350	$1.04	24d	1	1.00mi
4626 Southern Pkwy Louisville, KY	1.0–2.0	1.0	809	$895	$1.11	15d	3	1.05mi
3107 Montana Ave Louisville, KY	2.0	1.0	986	$995	$1.01	24d	1	1.09mi
4608 S 3rd St Unit 1st Floor Louisville, KY	2.0	1.5	1100	$1,500	$1.36	24d	1	1.13mi
4725 Southern Pkwy Unit 1 Louisville, KY	2.0	1.0	1296	$925	$0.71	4d	1	1.13mi
1305 Larchmont Ave Louisville, KY	2.0	1.0	1113	$1,350	$1.21	16d	1	1.15mi
1120 Weller Ave Louisville, KY	2.0	1.0	912	$1,500	$1.64	4d	1	1.22mi
2826 Taylor Blvd Louisville, KY	3.0	1.0	1044	$1,345	$1.29	24d	1	1.22mi
1301 Lillian Ave Louisville, KY	3.0	1.0	974	$1,250	$1.28	16d	1	1.24mi
114 E Florence Ave Unit 19 Louisville, KY	2.0	2.0	1080	$1,295	$1.20	16d	1	1.25mi
114 E Florence Ave Apt 21 Louisville, KY	2.0	1.0	936	$1,275	$1.36	24d	1	1.25mi
4406 S Brook St Apt 27 Louisville, KY	2.0	2.0	1080	$1,295	$1.20	12d	1	1.25mi
3102 Grant Ave Louisville, KY	4.0	2.0	1603	$1,595	$1.00	24d	1	1.26mi
119 E Southern Heights Ave Louisville, KY	3.0	1.0	1000	$1,250	$1.25	24d	1	1.26mi
1517 Shingo Ave Louisville, KY	3.0	2.0	1100	$1,349	$1.23	24d	1	1.27mi
118 E Ashland Ave Louisville, KY	2.0	1.5	910	$1,200	$1.32	24d	1	1.28mi
1507 Arling Ave Louisville, KY	3.0	2.0	1148	$1,275	$1.11	16d	1	1.32mi

Listing history 4 events

1. 2026-05-16
   status Pending
2. 2026-05-05
   historical Active Under Contract
3. 2026-04-18
   price $109,900
4. 2026-03-28
   listed $120,000 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: $483 · $40/mo
• Projected year-2 tax: $945 · $79/mo
• Expected delta: +$462/yr (+$39/mo · 95.6%)

ⓘ 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

Taxation est. · year 1

• Rental income: $17,393
• − Mortgage interest: −$6,156
• − Property taxes: −$483
• − Insurance: −$550
• − Repairs & maintenance: −$1,391
• − Management: −$1,391
• − Depreciation: −$3,197
• Taxable income: $4,225
• Est. tax owed @ 24.0%: −$1,014
• After-tax cash flow: $4,778/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

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

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): 20,532
• Household income: $43,725
• Rent vs Own: 56.4% rent · 43.6% own
• Severe rent burden: 997.0

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 0.63)
• Race & ethnicity: White 51% Black 33% Two or more races 11% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Cuban 3%
• Common ancestry: Slovak 1% Romanian 1% Serbian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 88% English-only · Spanish 5% Other Indo-European 2% Arabic 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: ▼ -119.35%
• Current HPI: 227.8248
• Rent YoY: ▲ 5.16%
• 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
▸Food / Beverage	1	$7B

Price history

-8.4% since first listed

4 events — show timeline

• 2026-05-16 Pending — Metro Search MLS
• 2026-05-05 Contingent — Metro Search MLS
• 2026-04-18 Price Changed $109,900 Metro Search MLS
• 2026-03-28 Listed $120,000 Metro Search MLS

Property tax history

-4.5%/yr

Latest (2025): $483 · -8.4% YoY. Source: county tax records.