2540 Groom Rd · Baker, LA 70714

$89,900

2 bd · 1.0 ba · 792 sqft · SingleFamily public records · 412 Days on market

Built 1960 0.48 ac lot Est $89k · at est. ↓ 10% 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 +24.4/30.0
• DSCR +7.9/10.0
• ARV discount +6.9/15.0
• 1% rule +5.1/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located on a well-maintained corner lot on Groom Road, this 2-bedroom, 2-bath home is full of potential and ready for your personal touch. Whether you're a first-time homebuyer looking to build equity or an investor seeking a great rental property, this is a fantastic opportunity. Enjoy a functional layout with comfortable living spaces, a spacious yard, and easy access to local amenities. With a little vision, this home can shine--don't miss your chance to make it yours! *Structure square footage nor lot dimensions warranted by Realtor.

Key facts

• Spacious yard
• Functional layout
• Corner lot

Tags

• CORNER LOT
• SPACIOUS YARD
• FUNCTIONAL LAYOUT
• EASY ACCESS TO LOCAL AMENITIES

Property features AI

Exterior

• Parking: Carport (1 covered space); 1 parking space total
• Utilities: Public water; Public sewer
• Home design: Single-family residence (detached); Single-story
• Construction: Frame and brick construction; Built-up roof; Slab foundation; Built in 1 story
• Exterior features: Corner lot; Level topography; No fencing

Interior

• Kitchen: Gas cooktop; Range; Oven
• Flooring: Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas heating; Window air conditioning units
• Interior features: Eat-in kitchen
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $90k.

Deal economics

• At list price, monthly cash flow is $183 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($910 rent vs $90k).
• Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 4.5% in Baker — 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 66/100 on livability (#131 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: schools C-, crime D+, amenities F.
• City Of Baker School District (suburban): math 5% / reading 15% proficiency, ranked #89 of 98 in LA (top 91%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 141 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• East Baton Rouge County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 412 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $79,112 (12.0% below list)

Questions for the listing agent

1. It's been on market 412 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 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
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: 1.01% ✓
• Cap rate: 8.74%
• Cash-on-cash: 8.73%
• DSCR: 1.39
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $88,704
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1240 Louisiana Ave	0.31mi	2/1.0	789 (-0%)	14mo	$88,000	$112	73

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.88×
• Total profit: $-2,948
• Equity at exit: $13,404

10-year hold

• IRR: 6.5%
• Equity multiple: 1.49×
• Total profit: $12,287
• Equity at exit: $7,773

Cash invested: $25,172 (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 →

ZIP-level market 70714

• Home prices YoY: -33.7%
• Active inventory: 141
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $910 medium
• Mortgage (P&I): −$471
• Tax from tax record: −$27 /mo · $324/yr
• Insurance: −$37
• HOA: −$0
• Vacancy / Maint / Mgmt: −$191
• Net cashflow: $183

Break-even live

Break-even rent $678

Max offer price $89,900

Occupancy floor 75%

Sensitivity live

Price	-10% $234	-5% $208	+0% $183	+5% $158	+10% $132
Rent	-10% $111	-5% $147	+0% $183	+5% $219	+10% $255
Rate	-1.0pp $228	-0.5pp $206	base $183	+0.5pp $160	+1.0pp $136

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: $22,475
• Closing costs: $2,697
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3204 Singletary Dr Baton Rouge, LA	1.0	1.0	644	$650	$1.01	14d	1	1.01mi

Listing history 19 events

1. 2026-06-18
   days on market $89,900 Active 412 DOM
2. 2026-06-17
   days on market $89,900 Active 411 DOM
3. 2026-06-16
   days on market $89,900 Active 410 DOM
4. 2026-06-15
   days on market $89,900 Active 409 DOM
5. 2026-06-14
   days on market $89,900 Active 407 DOM
6. 2026-06-13
   days on market $89,900 Active 406 DOM
7. 2026-06-10
   days on market $89,900 Active 404 DOM
8. 2026-06-09
   days on market $89,900 Active 403 DOM
9. 2026-06-08
   days on market $89,900 Active 402 DOM
10. 2026-06-07
    days on market $89,900 Active 401 DOM
11. 2026-06-03
    days on market $89,900 Active 397 DOM
12. 2026-06-02
    days on market $89,900 Active 396 DOM
13. 2026-06-01
    days on market $89,900 Active 395 DOM
14. 2026-05-31
    days on market $89,900 Active 394 DOM
15. 2026-05-31
    days on market $89,900 Active 393 DOM
16. 2026-03-23
    price $89,900 543-char remark

    Show marketing remark (543 chars)

    Located on a well-maintained corner lot on Groom Road, this 2-bedroom, 2-bath home is full of potential and ready for your personal touch. Whether you're a first-time homebuyer looking to build equity or an investor seeking a great rental property, this is a fantastic opportunity. Enjoy a functional layout with comfortable living spaces, a spacious yard, and easy access to local amenities. With a little vision, this home can shine--don't miss your chance to make it yours! *Structure square footage nor lot dimensions warranted by Realtor.

17. 2026-03-23
    price $89,900

    Show marketing remark (543 chars)

    Located on a well-maintained corner lot on Groom Road, this 2-bedroom, 2-bath home is full of potential and ready for your personal touch. Whether you're a first-time homebuyer looking to build equity or an investor seeking a great rental property, this is a fantastic opportunity. Enjoy a functional layout with comfortable living spaces, a spacious yard, and easy access to local amenities. With a little vision, this home can shine--don't miss your chance to make it yours! *Structure square footage nor lot dimensions warranted by Realtor.

18. 2025-05-02
    listed $99,900 Active

    Show marketing remark (543 chars)

    Located on a well-maintained corner lot on Groom Road, this 2-bedroom, 2-bath home is full of potential and ready for your personal touch. Whether you're a first-time homebuyer looking to build equity or an investor seeking a great rental property, this is a fantastic opportunity. Enjoy a functional layout with comfortable living spaces, a spacious yard, and easy access to local amenities. With a little vision, this home can shine--don't miss your chance to make it yours! *Structure square footage nor lot dimensions warranted by Realtor.

19. 2025-05-02
    listed $99,900 Active 543-char remark

    Show marketing remark (543 chars)

    Located on a well-maintained corner lot on Groom Road, this 2-bedroom, 2-bath home is full of potential and ready for your personal touch. Whether you're a first-time homebuyer looking to build equity or an investor seeking a great rental property, this is a fantastic opportunity. Enjoy a functional layout with comfortable living spaces, a spacious yard, and easy access to local amenities. With a little vision, this home can shine--don't miss your chance to make it yours! *Structure square footage nor lot dimensions warranted by Realtor.

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

Tax reassessment forecast LA · Resets to sale price

• Current annual tax: $324 · $27/mo
• Projected year-2 tax: $494 · $41/mo
• Expected delta: +$170/yr (+$14/mo · 52.5%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,921
• − Mortgage interest: −$5,036
• − Property taxes: −$324
• − Insurance: −$450
• − Repairs & maintenance: −$874
• − Management: −$874
• − Depreciation: −$2,615
• Taxable income: $749
• Est. tax owed @ 24.0%: −$180
• After-tax cash flow: $2,017/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: City Of Baker School District
• NCES district ID: 2200040
• Math proficiency: 5% ▼ -32.00%
• Reading proficiency: 15% ▼ -28.00%
• Median HH income: $41,765
• Composite: 8.8/100
• National rank: #9891
• State rank: #89 of 98 in LA

Livability — Baker

• Score: 66/100
• State rank: #131
• US rank: #12021

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baker, LA
• County: East Baton Rouge Parish · 399,686 people
• City population: 17,433
• Metro: Baton Rouge, LA
• Population (ZIP): 17,433
• Household income: $57,608
• Rent vs Own: 24.3% rent · 75.7% own
• Severe rent burden: 417.0

Population outlook (East Baton Rouge County) Hauer SSP2

• Today (2025): 464,810 people
• By 2030: 472,137 · +1.6%
• By 2040: 480,243 · +3.3%
• By 2050: 484,422 · +4.2%
• By 2075: 492,069 · +5.9%
• By 2100: 476,347 · +2.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (70%)
• Race & ethnicity: Black 70% White 25% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Lithuanian 4%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Arabic 1%

Political lean MEDSL · East Baton Rouge

• 2024 margin: D (+11.1) · D 54.5% · R 43.4% · Other 2.1%
• 2008→2024 swing: +8.9pp toward D · 2008: 2.2pp · 2024: 11.1pp
• All cycles: 2024: D+11.1 2020: D+13.1 2016: D+9.2 2012: D+5.2 2008: D+2.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -80.50%
• Current HPI: 158.1876
• Rent YoY: —
• Metro: Baton Rouge, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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

-10.0% since first listed

4 events — show timeline

• 2026-03-23 Price Changed $89,900 AcadianaMLS
• 2026-03-23 Price Changed $89,900 GBRMLS
• 2025-05-02 Listed $99,900 GBRMLS
• 2025-05-02 Listed $99,900 AcadianaMLS

Property tax history

+1.8%/yr

Latest (2025): $324 · +3.8% YoY. Source: county tax records.