1710 Bolling 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
- $473 – $860
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 A 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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +10.0/10.0
- Rent growth +4.5/5.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Schools +2.3/10.0
$52,500
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Attention Investors! Cash or hard money purchase. Property being sold as is. Home has been 90% rehabbed. Looking for the right person to bring it across the finish line and make a good ROI. Would make a great rental property or primary home for a handy person. Lots of new updates, including new roof, vinyl siding, flooring, fresh paint, windows. Will need AC water heater and bathroom vanity etc.
Key facts
- Fresh paint
- New flooring
- Vinyl siding
Tags
Property features AI
Finance
- HOA & community: No association fee
Exterior
- Parking: Rear entry parking
- Utilities: Electricity connected; Natural gas available
- Home design: Single-family residence, Shotgun style; One story
- Construction: Built in 1915; Vinyl siding and wood frame construction; Shingle roof; Concrete block foundation
- Exterior features: Lot approximately 0.07 acres (25 x 125); Subdivision: MARYDALE
Interior
- Kitchen: First-floor kitchen
- Bedrooms: 2 bedrooms on the first floor
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating; Natural gas heating; 1 HVAC unit
- Interior features: 4 total rooms; Unfinished walkout basement
- Laundry & utility: First-floor laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $52k.
Deal economics
- At list price, monthly cash flow is $473 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $52k).
- Recommended offer: $51k (3.0% below list) — sets the bar for market timing.
- Cap rate 17.1% 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 (+8.1%/yr); 91 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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 35% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- In year one you build about $6k of equity ($363 loan paydown + $5k appreciation (10.0% local appreciation)).
- Jefferson County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (10.0% appreciation + 8.0% rent growth), your $15k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 6, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 35 days — a 3% lower offer ($51k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1915 — 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 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1915 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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
- 1.96% ✓
- Cap rate
- 17.11%
- Cash-on-cash
- 38.62%
- DSCR
- 2.72
- GRM
- 4.3
CMA / ARV
- ARV (on-the-fly)
- $84,112
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1333 S 22nd St | 0.47mi | 2/1.0 | 744 (-1%) | 11mo | $87,000 | $117 | 68 |
| 1634 Dixdale Ave | 0.50mi | 2/1.0 | 740 (-2%) | 8mo | $117,500 | $159 | 68 |
| 1639 Dixdale Ave | 0.47mi | 3/1.0 (+1) | 746 (-1%) | 5mo | $128,000 | $172 | 67 |
| 2112 Wilson Ave | 0.53mi | 3/1.0 (+1) | 728 (-3%) | 2mo | $33,000 | $45 | 64 |
| 1335 S 22nd St | 0.47mi | 2/1.0 | 705 (-6%) | 6mo | $27,000 | $38 | 63 |
| 2519 Standard Ave | 0.72mi | 2/1.0 | 783 (+4%) | 1mo | $87,000 | $111 | 58 |
| 1739 Dumesnil St | 0.53mi | 2/1.0 | 800 (+6%) | 9mo | $70,000 | $88 | 57 |
| 1814 W Lee St | 0.39mi | 3/1.0 (+1) | 816 (+9%) | 8mo | $112,500 | $138 | 56 |
| 1777 Bernheim Ln | 0.58mi | 2/1.0 | 841 (+12%) | 7mo | $94,050 | $112 | 47 |
| 2117 Dixdale Ave | 0.75mi | 2/1.0 | 815 (+8%) | 12mo | $130,000 | $160 | 41 |
| 1147 S 15th St | 0.69mi | 2/1.0 | 848 (+13%) | 9mo | $35,000 | $41 | 39 |
| 1637 W Oak St | 0.61mi | 1/1.0 (-1) | 854 (+14%) | 7mo | $27,000 | $32 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- 57.4%
- Equity multiple
- 5.36×
- Total profit
- $64,151
- Equity at exit
- $47,296
- IRR
- 53.0%
- Equity multiple
- 13.15×
- Total profit
- $178,666
- Equity at exit
- $101,996
Cash invested: $14,700 (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 40210
- Home prices YoY
- 12.1%
- Rents YoY
- 8.1%
- Active inventory
- 91
- Price-to-rent
- 4.3×
Monthly cashflow live
- Estimated rent
- $1,027 high interval (Pro) →
- Mortgage (P&I)
- −$275
- Tax from tax record
- −$41 /mo · $493/yr
- Insurance
- −$22
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$216
- Net cashflow
- $473
Break-even live
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
- $13,125
- Closing costs
- $1,575
- 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 |
|---|---|---|---|---|---|---|---|---|
| 1714 W Hill St Louisville, KY | 3.0 | 1.0 | 1050 | $1,045 | $1.00 | 23d | 1 | 0.08mi |
| 1708 W Gaulbert Ave Louisville, KY | 3.0 | 1.0 | 936 | $975 | $1.04 | 23d | 1 | 0.14mi |
| 1768 W Hill St Louisville, KY | 2.0 | 1.0 | 675 | $925 | $1.37 | 23d | 1 | 0.19mi |
| 1710 Saint Louis Ave Louisville, KY | 2.0 | 1.0 | 720 | $1,000 | $1.39 | 3d | 1 | 0.25mi |
| 1792 W Gaulbert Ave Louisville, KY | 2.0 | 1.0 | 915 | $950 | $1.04 | 23d | 1 | 0.29mi |
| 1842 Bolling Ave Louisville, KY | 1.0 | 1.0 | 900 | $895 | $0.99 | 14d | 1 | 0.39mi |
| 1305 S 17th St Louisville, KY | 2.0 | 1.0 | 750 | $950 | $1.27 | 23d | 1 | 0.41mi |
| 1333 S 22nd St Louisville, KY | 2.0 | 1.0 | 744 | $1,200 | $1.61 | 23d | 1 | 0.46mi |
| 1606 Algonquin Pkwy Unit 22 Louisville, KY | 2.0 | 1.0 | 626 | $750 | $1.20 | 23d | 1 | 0.49mi |
| 1854 W Ormsby Ave Louisville, KY | 2.0 | 2.0 | 1094 | $800 | $0.73 | 16d | 1 | 0.52mi |
| 1148 S 17th St Unit 2 Louisville, KY | 3.0 | 1.0 | 1000 | $895 | $0.90 | 23d | 1 | 0.65mi |
| 1836 Algonquin Pkwy Unit 1 Louisville, KY | 1.0 | 1.0 | 650 | $650 | $1.00 | 14d | 1 | 0.66mi |
| 1836 Algonquin Pkwy Unit 2 Louisville, KY | 1.0 | 1.0 | 600 | $650 | $1.08 | 23d | 1 | 0.66mi |
| 1616 Gallagher St Louisville, KY | 3.0 | 1.5 | 1056 | $1,400 | $1.33 | 23d | 1 | 0.69mi |
| 1816 Gregg Ave Louisville, KY | 2.0 | 2.0 | 773 | $1,100 | $1.42 | 16d | 1 | 0.69mi |
| 2400 Burwell Ave Louisville, KY | 2.0 | 1.0 | 972 | $895 | $0.92 | 16d | 1 | 0.69mi |
| 4600 South St Unit PARKWAYE1 Louisville, KY | 2.0 | 1.0 | 700 | $749 | $1.07 | 23d | 1 | 0.85mi |
| 1349 Olive St Unit 3 Louisville, KY | 1.0 | 1.0 | 600 | $695 | $1.16 | 3d | 1 | 0.86mi |
| 1349 Olive St Unit 4 Louisville, KY | 1.0 | 1.0 | 550 | $650 | $1.18 | 3d | 1 | 0.86mi |
| 1349 Olive St Unit 4 Louisville, KY | 1.0 | 1.0 | 600 | $725 | $1.21 | 23d | 1 | 0.86mi |
| 1644 W Kentucky St Unit 3 Louisville, KY | 3.0 | 1.0 | 900 | $950 | $1.06 | 23d | 1 | 0.88mi |
| 2614 Virginia Ave Louisville, KY | 2.0 | 1.0 | 975 | $925 | $0.95 | 23d | 1 | 0.88mi |
| 1339 S 28th St Unit 3 Louisville, KY | 3.0 | 1.0 | 1125 | $1,175 | $1.04 | 20d | 1 | 0.94mi |
| 2706 Wyandotte Ave Louisville, KY | 2.0 | 1.0 | 756 | $1,295 | $1.71 | 3d | 1 | 0.96mi |
| 1438 Lillian Ave Louisville, KY | 2.0 | 1.0 | 777 | $1,050 | $1.35 | 17d | 1 | 0.96mi |
| 1501 Bellamy Pl Louisville, KY | 2.0–4.0 | 2.0–4.0 | 1074 | $1,758 | $1.64 | 3d | 1 | 0.96mi |
| 2706 Hale Ave Unit 2 Louisville, KY | 2.0 | 1.0 | 900 | $1,250 | $1.39 | 23d | 1 | 1.00mi |
| 2706 Hale Ave Unit 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,400 | $1.27 | 23d | 1 | 1.00mi |
| 2807 Dumesnil St Unit 101 Louisville, KY | 1.0 | 1.0 | 750 | $950 | $1.27 | 23d | 1 | 1.02mi |
| 2913 Dumesnil St Apt 3 Louisville, KY | 3.0 | 1.0 | 1112 | $740 | $0.67 | 10d | 1 | 1.11mi |
| 1439 Beech St Apt 1 Louisville, KY | 3.0 | 1.5 | 1000 | $820 | $0.82 | 23d | 1 | 1.11mi |
| 1927 S 28th St Louisville, KY | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 23d | 1 | 1.13mi |
| 2513 Date St Unit 2 Louisville, KY | 1.0 | 1.0 | 700 | $745 | $1.06 | 3d | 1 | 1.14mi |
| 1312 S 6th St Unit 609 FT-1B Louisville, KY | 1.0 | 1.0 | 525 | $825 | $1.57 | 23d | 1 | 1.14mi |
| 2708 Greenwood Ave Apt 1 Louisville, KY | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 23d | 1 | 1.14mi |
| 1310 S 6th St Unit 1310 S 6th-3 Louisville, KY | 1.0 | 1.0 | 679 | $825 | $1.22 | 3d | 1 | 1.14mi |
| 1418 Beech St Unit 2 Louisville, KY | 2.0 | 1.0 | 1000 | $980 | $0.98 | 21d | 1 | 1.15mi |
| 848 S 23rd St Louisville, KY | 3.0 | 1.5 | 1050 | $1,450 | $1.38 | 23d | 1 | 1.16mi |
| 3004 Wyandotte Ave Louisville, KY | 2.0 | 1.0 | 700 | $1,200 | $1.71 | 16d | 1 | 1.16mi |
| 1055 Euclid Ave Louisville, KY | 2.0 | 1.0 | 914 | $1,325 | $1.45 | 23d | 1 | 1.17mi |
Listing history 14 events
-
2026-06-18days on market $52,500 Active 35 DOM
-
2026-06-17days on market $52,500 Active 34 DOM
-
2026-06-16days on market $52,500 Active 33 DOM
-
2026-06-15days on market $52,500 Active 32 DOM
-
2026-06-13days on market $52,500 Active 30 DOM
-
2026-06-10days on market $52,500 Active 27 DOM
-
2026-06-09days on market $52,500 Active 26 DOM
-
2026-06-08days on market $52,500 Active 25 DOM
-
2026-06-07days on market $52,500 Active 24 DOM
-
2026-06-03days on market $52,500 Active 20 DOM
-
2026-06-02days on market $52,500 Active 19 DOM
-
2026-06-01days on market $52,500 Active 18 DOM
-
2026-05-31days on market $52,500 Active 17 DOM
-
2026-05-14$57,500 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
- $493 · $41/mo
- Projected year-2 tax
- $493 · $41/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
- $12,325
- − Mortgage interest
- −$2,941
- − Property taxes
- −$493
- − Insurance
- −$262
- − Repairs & maintenance
- −$986
- − Management
- −$986
- − Depreciation
- −$1,527
- Taxable income
- $5,129
- Est. tax owed @ 24.0%
- −$1,231
- After-tax cash flow
- $4,446/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)
- 13,518
- Household income
- $35,347
- Rent vs Own
- Severe rent burden
- 815.0
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
- Predominantly Black (84%)
- Race & ethnicity
- Black 84% White 8% Two or more races 5% Hispanic / Latino 3%
- Common ancestry
- Iranian 1%
- Foreign-born
- 4% · Canada
- Languages at home
- 93% English-only · Spanish 3%
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
- ▲ 28.45%
- Current HPI
- 264.0146
- Rent YoY
- ▲ 8.05%
- 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 |
|
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Price history
1 event — show timeline
- 2026-05-14 Listed $57,500 Metro Search MLS
Property tax history
+13.5%/yrLatest (2025): $493 · -1.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…