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2317 Estate Dr, Louisville, Kentucky 40213, US

Est. IRR


Est. Yield


Est. Equity Multiple


Key Stats

Last updated: November 26, 2022, 04:00 am

Est. IRR


Est. Yield


Est. Property Value


Beds / Baths

3 bd / 2 ba

Year Built / Renovated

1967 / 2022



Sq. Ft.




Debt LTV


Current Rent


Lot Size

0.25 acres

Yearly Income


Asset Class (Single Family Rental)

Single-family rentals are usually detached homes with their own lot and are rented out to a single family or individual.


Newly Renovated Single Family Rental in Louisville, Kentucky

This single-family rental with 3 beds and 2 baths is located close to Dixie Crossings (1.5 miles), Dixie Manor Shopping Center (1.5 miles), and Incarnation Catholic Church (1.5 miles).

The home sits on 0.25 acres with a total interior space of 821 square feet. The property was originally built in 1967 and was renovated in 2022, and includes a large updated bathroom, granite countertops, stainless steel appliances, a new roof (installed in May 2022), an updated kitchen, and a new HVAC system (replaced in 2018) and furnace (replaced in 2017).

Local schools include Western High School (0.3 mi) with a 1/10 rating, Farnsley Middle School (1.2 mi) with a 4/10 rating, and Carter Traditional Elementary (5.2 mi) with a 5/10 rating. Nearby colleges include Jefferson Community & Technical (5.6 mi) and the University of Louisville (7.3 mi).

The largest employers in the area include Kroger (6.2 mi), UPS (8.2 mi), and Ford Motor Company (9.9 mi).

The business plan would be classified as a long-term hold strategy which in this case means maximizing profits by keeping occupancy stable and increasing rents over time.

5 Highlights about this deal:

  1. The property was acquired for $160,122 vs. a Zillow Zestimate of $168,400 (Nov 2022)

  2. The goal is to rent the unit for $1,310 which is below the median rent of $1,525

  3. Louisville is the 29th-most populated city in the US and the largest city in Kentucky

  4. The city has been ranked as a top metro area for economic development with its GDP growing by 37% over the past ten years.

  5. The neighborhood has a ‘B’ rating on Niche.

Market Highlights

Closest School

Western High School

Western High School(0.3 mi)


Closest University

Jefferson Community & Technical College

Jefferson Community & Technical College(5.6 mi)


Closest Fortune 500 Headquarters

Yum! Brands

Yum! Brands(9.2 mi)

Industry: Food Services

Closest Employer


Kroger(6.2 mi)

Industry: Retail

Local Employees: 9,300

Closest Transit

Rockford @ Imperial

Rockford @ Imperial(0.3 mi)


Closest Airport

Louisville International Airport

Louisville International Airport(6.2 mi)


On the Map

2317 Estate Dr, Louisville, Kentucky 40213, US

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