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1022 Carlisle Ave, Louisville Investment Report: Flip & Rental Analysis · Frontflip
41 Comps Value 1022 Carlisle at $216K+
Updated 8 days ago • 2 new comps
Your Investment Paths
Turnkey Rental
The rental market for this property shows strong potential, with estimated monthly income ranging from $1,765 to $1,986. This outlook is supported by a solid 14.52% yield, signaling an attractive opportunity for consistent cash flow. Current market data indicates steady appreciation, with an estimated annual growth of $4,514. Given these indicators, the property represents a reliable investment choice for those seeking to maximize rental returns within the local Louisville area.
More about this home
Neighborhood Assessment
The Wyandotte neighborhood shows modest rental demand with a Section 8 tenant currently generating $1,691/month cash flow. Nearby comps range from $110K–$190K, positioning this 4-bed, 2-bath at fair market value. However, the area faces significant climate headwinds: major flood risk (6/10 score, 74% probability by 2030) and heat stress (5/10 score). Schools rate poorly (Iroquois High at 1/10). Limited walkability and few recent neighborhood developments suggest slower appreciation potential.
Market Activity
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Rental Income
$23K
Yield
14.5%
Appreciation
$5K
Year 1 Estimates
Fix-and-Flip
Refreshing your home with modern updates is a smart move to boost value. Properties with these enhancements command roughly 112 dollars per square foot compared to 99 dollars, representing an impressive 13 percent increase in market appeal. This project enhances your home’s charm and liquidity. With higher price potential and increased interest, modernizing your space helps it stand out while creating a vibrant, comfortable environment that resonates perfectly with today’s active buyers and renters.
Value Add
$24K
Appreciation
$6K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $206,000 and $227,000. Investors can expect a significant value uplift by executing a strategic renovation that aligns with local market standards for similar homes. Projected rental income hits approximately $1,892 monthly, driving a strong 10.5% yield. Given the reliable cash flow and healthy appreciation prospects, this asset represents a practical opportunity for building long-term equity and consistent passive income.
Rental Income
$23K
Yield
10.5%
Appreciation
$6K
Year 1 Estimates, Post Typical Renovation
Estimated value
$155K
$65K below comp median
Comparative Market Analysis
$130K – $258K
~172 days to sell
Based on 8 comps