19179 Esterbrook Rd · Ponchatoula, LA 70454

$190,000

3 bd · 1.0 ba · 1,624 sqft · SingleFamily · 316 Days on market

Built 1975 Good condition 0.57 ac lot $117/sqft · 23% below area Est $247k · 23% under ↓ 11% since listing

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Why this score? — see what drove the C 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 +19.0/30.0
• ARV discount +15.0/15.0
• DSCR +6.0/10.0
• 1% rule +5.1/10.0
• Condition / age +3.8/5.0
• Livability +3.4/5.0
• Schools +3.0/10.0
• Rent growth +2.7/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully maintained log home nestled in a peaceful setting just minutes from Downtown Ponchatoula. Featuring classic log cabin charm with a perfect blend of rustic character and everyday comfort. Step inside to find a spacious open living area with vaulted ceilings, warm wood-style flooring, and a striking brick fireplace as the centerpiece. Natural light pours through the windows, highlighting the inviting atmosphere and open layout. The exterior boasts a full-length covered porch--perfect for relaxing evenings or morning coffee while enjoying the quiet surroundings. With its combination of brick and log design, this home delivers timeless curb appeal. Conveniently located close to restaurants, shopping, and all the charm of Downtown Ponchatoula, this property is ideal for anyone seeking a cozy home with a touch of country living.

Key facts

• Covered porch
• Brick fireplace
• Open living area

Tags

• LOG HOME
• OPEN LIVING AREA
• VAULTED CEILINGS
• BRICK FIREPLACE
• COVERED PORCH
• RUSTIC CHARACTER

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $72 ($862/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 5.5% in Ponchatoula — 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 68/100 on livability (#91 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: employment D, crime D-, amenities F.
• Tangipahoa Parish (rural): math 18% / reading 29% proficiency, ranked #63 of 98 in LA (top 64%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Tucker Memorial Elementary School (709 students, 67% FRL); Ponchatoula Junior High School (math 18% / reading 37%, grade F, #127 of 218 statewide, top 60%, 770 students, 60% FRL); Ponchatoula High School (math 29% / reading 40%, grade F, #106 of 265 statewide, top 43%, 2,262 students, 51% FRL).
• Market conditions: Rents flat; 628 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 93d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
• This rent runs 32% of the median local income ($72k/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 $6k of value loss. Plan a longer hold.
• Tangipahoa County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 316 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $45k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $167,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 316 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. Crime grade is D 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?
8. 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.
9. 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.
10. 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: 1.01% ✓
• Cap rate: 7.54%
• Cash-on-cash: 4.44%
• DSCR: 1.20
• GRM: 8.3

CMA / ARV

• ARV (median comp): $246,907
• List price: $190,000
• Delta: -19.04%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18536 S Brookfield Dr	0.43mi	3/2.0	1,629 (+0%)	2mo	$266,500	$164	74
39157 Creek Dr	0.49mi	3/2.0	1,607 (-1%)	22mo	$239,500	$149	54
18866 Hunter Dr	0.59mi	4/2.0 (+1)	1,636 (+1%)	12mo	$245,000	$150	52
18885 Weinberger Rd	0.65mi	2/1.0 (-1)	1,588 (-2%)	14mo	$68,500	$43	49
39059 Creek Dr	0.65mi	3/2.5	1,569 (-3%)	14mo	$235,000	$150	47
18869 Hunter Dr	0.56mi	3/2.0	1,535 (-6%)	17mo	$227,500	$148	47

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 · 0.66% rent growth · sell at horizon

5-year hold

• IRR: -16.6%
• Equity multiple: 0.43×
• Total profit: $-30,507
• Equity at exit: $28,330

10-year hold

• IRR: -13.7%
• Equity multiple: 0.30×
• Total profit: $-37,466
• Equity at exit: $16,428

Cash invested: $53,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State Louisiana: 90 Strongly Landlord-Friendly · R+12
• County: — inherits STATE
• City: — inherits STATE

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 7 active · 1 under contract
• Months of supply: 14.0 mo (7%/mo absorbed)
• Median asking: $245,000 ($167/sqft)
• Median days on market: 46 d
• This list price: 14% of active listings are priced below it
• ARV vs active asking: -9.2% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70454

• Rents YoY: 0.7%
• Active inventory: 628
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,911 high
• Mortgage (P&I): −$996
• Tax est. 1.5%: −$238 /mo · $2,850/yr
• Insurance: −$79
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$401
• Net cashflow: $72

Break-even live

Break-even rent $1,821

Max offer price $190,000

Occupancy floor 91%

Sensitivity live

Price	-10% $203	-5% $137	+0% $72	+5% $6	+10% $-60
Rent	-10% $-79	-5% $-4	+0% $72	+5% $147	+10% $223
Rate	-1.0pp $167	-0.5pp $120	base $72	+0.5pp $23	+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: $47,500
• Closing costs: $5,700
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
39329 Brookfield Dr Ponchatoula, LA	3.0	2.0	1385	$2,000	$1.44	93d	1	0.57mi
816 Decatur St Unit A Ponchatoula, LA	3.0	2.0	1567	$1,850	$1.18	93d	1	1.01mi
101 Village Oaks Blvd Unit B Ponchatoula, LA	3.0	2.0	1921	$1,800	$0.94	93d	1	1.20mi
332 Silverstone Cir Ponchatoula, LA	4.0	2.0	1785	$1,850	$1.04	93d	1	1.22mi
18158-0 Logan Ct Ponchatoula, LA	4.0	2.0	2079	$2,000	$0.96	63d	1	1.27mi
39676 Gayle Rd Ponchatoula, LA	3.0	2.0	1800	$1,700	$0.94	93d	1	1.47mi

Listing history 50 events

1. 2026-08-08
   days on market $190,000 Active 316 DOM
2. 2026-08-07
   days on market $190,000 Active 315 DOM
3. 2026-08-06
   days on market $190,000 Active 314 DOM
4. 2026-08-05
   price $190,000 Active 313 DOM
5. 2026-08-05
   days on market $199,900 Active 313 DOM
6. 2026-08-04
   days on market $199,900 Active 312 DOM
7. 2026-08-03
   days on market $199,900 Active 311 DOM
8. 2026-07-31
   days on market $199,900 Active 308 DOM
9. 2026-07-30
   days on market $199,900 Active 307 DOM
10. 2026-07-29
    days on market $199,900 Active 306 DOM
11. 2026-07-27
    days on market $199,900 Active 304 DOM
12. 2026-07-25
    days on market $199,900 Active 302 DOM
13. 2026-07-24
    days on market $199,900 Active 301 DOM
14. 2026-07-23
    days on market $199,900 Active 300 DOM
15. 2026-07-22
    days on market $199,900 Active 299 DOM
16. 2026-07-21
    days on market $199,900 Active 298 DOM
17. 2026-07-18
    days on market $199,900 Active 295 DOM
18. 2026-07-16
    days on market $199,900 Active 293 DOM
19. 2026-07-16
    days on market $199,900 Active 292 DOM
20. 2026-07-14
    days on market $199,900 Active 291 DOM
21. 2026-07-13
    days on market $199,900 Active 290 DOM
22. 2026-07-12
    days on market $199,900 Active 289 DOM
23. 2026-07-11
    days on market $199,900 Active 288 DOM
24. 2026-07-10
    days on market $199,900 Active 287 DOM
25. 2026-07-09
    days on market $199,900 Active 286 DOM
26. 2026-07-08
    days on market $199,900 Active 285 DOM
27. 2026-07-07
    days on market $199,900 Active 284 DOM
28. 2026-07-06
    days on market $199,900 Active 283 DOM
29. 2026-07-05
    days on market $199,900 Active 282 DOM
30. 2026-07-04
    days on market $199,900 Active 281 DOM
31. 2026-07-03
    days on market $199,900 Active 280 DOM
32. 2026-07-02
    days on market $199,900 Active 279 DOM
33. 2026-07-01
    days on market $199,900 Active 278 DOM
34. 2026-06-30
    days on market $199,900 Active 277 DOM
35. 2026-06-29
    days on market $199,900 Active 276 DOM
36. 2026-06-28
    days on market $199,900 Active 275 DOM
37. 2026-06-28
    days on market $199,900 Active 274 DOM
38. 2026-06-27
    days on market $199,900 Active 273 DOM
39. 2026-06-26
    days on market $199,900 Active 272 DOM
40. 2026-06-23
    pricedays on market $199,900 Active 270 DOM
41. 2026-06-21
    days on market $210,000 Active 269 DOM
42. 2026-06-19
    days on market $210,000 Active 267 DOM
43. 2026-06-18
    days on market $210,000 Active 266 DOM
44. 2026-06-17
    days on market $210,000 Active 265 DOM
45. 2026-06-16
    days on market $210,000 Active 264 DOM
46. 2026-06-15
    days on market $210,000 Active 263 DOM
47. 2026-06-14
    days on market $210,000 Active 261 DOM
48. 2026-06-13
    days on market $210,000 Active 260 DOM
49. 2026-06-10
    days on market $210,000 Active 258 DOM
50. 2026-06-09
    days on market $210,000 Active 257 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone A · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,938
• − Mortgage interest: −$10,643
• − Property taxes: −$2,850
• − Insurance: −$2,452
• − Repairs & maintenance: −$1,835
• − Management: −$1,835
• − Depreciation: −$5,527
• Taxable loss: −$2,205
• Est. tax savings @ 24.0%: +$529
• After-tax cash flow: $1,391/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $8,120–$24,360 screening

This well-maintained log home offers classic charm with modern updates, making it an attractive option for both resale and rental.

Value-add opportunities

• Resale Paint exterior trim — Enhances curb appeal and value ↑
• Rental Clean gutters — Keeps property in good condition and prevents water damage ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 30/100

Zoned Schools

Elementary D.c. Reeves Elementary School F LA #372/646 Nat'l #29,439/41,679 Middle Ponchatoula Junior High School F LA #127/218 Nat'l #9,659/14,009 High Ponchatoula High School F LA #106/265 Nat'l #9,639/17,239

Schools (NCES district)

• District: Tangipahoa Parish
• NCES district ID: 2201680
• Math proficiency: 18% ▼ -32.00%
• Reading proficiency: 29% ▼ -31.00%
• Median HH income: $41,283
• Composite: 19.94/100
• National rank: #8676
• State rank: #63 of 98 in LA

C Composite livability gradescore 68/100

Livability — Ponchatoula

• Score: 68/100
• State rank: #91
• US rank: #9755

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Tangipahoa Parish · 144,204 people
• City population: 34,564
• Metro: Hammond, LA
• Population (ZIP): 34,564
• Household income: $71,611
• Rent vs Own: 16.3% rent · 83.7% own
• Severe rent burden: 2% of renters

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Population outlook (Tangipahoa County) Hauer SSP2

• Today (2025): 144,204 people
• By 2030: 151,413 · +5.0%
• By 2040: 164,374 · +14.0%
• By 2050: 175,427 · +21.7%
• By 2075: 195,165 · +35.3%
• By 2100: 201,641 · +39.8%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (73%)
• Race & ethnicity: White 73% Black 16% Two or more races 8% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 15% Slovak 1% Portuguese 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5%

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Political lean MEDSL · Tangipahoa

• 2024 margin: Solid R (+37.4) · D 30.6% · R 68.0% · Other 1.3%
• 2008→2024 swing: -6.5pp toward R · 2008: -30.9pp · 2024: -37.4pp
• All cycles: 2024: R+37.4 2020: R+32.8 2016: R+32.6 2012: R+27.7 2008: R+30.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -83.55%
• Current HPI: 129.6069
• Rent YoY: ▲ 0.66%
• Metro: Hammond, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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Industry mix (Fortune 500 HQ in LA)

Industry	F500 HQs	Revenue
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-10.6% since first listed

8 events — show timeline

• 2026-05-12 Price Changed $210,000 AcadianaMLS
• 2026-05-12 Price Changed $210,000 GSREIN
• 2026-03-18 Price Changed $219,000 AcadianaMLS
• 2026-03-17 Price Changed $219,000 GSREIN
• 2025-10-24 Price Changed $225,000 AcadianaMLS
• 2025-10-24 Price Changed $225,000 GSREIN
• 2025-09-24 Listed $235,000 GSREIN
• 2025-09-24 Listed $235,000 AcadianaMLS