17328 Highway 395 · Roanoke, LA 70581

$165,000

3 bd · 1.0 ba · 1,663 sqft · SingleFamily · 213 Days on market

9.07 ac lot Est $160k · at est. ↓ 8% since listing

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Why this score? — see what drove the D 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 +11.6/30.0
• Appreciation +7.0/10.0
• ARV discount +6.0/15.0
• DSCR +3.4/10.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Livability +2.2/5.0

Listing remarks MLS

Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

Key facts

• Mature oak trees
• Smokehouse
• Four storage sheds

Tags

• 20 X 30 WORKSHOP
• FOUR STORAGE SHEDS
• SMOKEHOUSE
• CHICKEN COOP
• TWO COVERED AREAS
• MATURE OAK TREES

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $-52 ($-626/yr) — negative.
• To cash-flow at today's rent, offer at most $156k (5.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $120k (27.1% below list).
• Recommended offer: $120k (27.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 44/100 on livability (#455 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A; Watch: amenities F, commute F, employment F.
• Jefferson Davis Parish (town): math 30% / reading 42% proficiency, ranked #33 of 98 in LA (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Welsh Elementary School (math 47% / reading 47%, grade D-, #151 of 646 statewide, top 24%, 507 students, 67% FRL); Welsh-Roanoke Junior High School (math 28% / reading 41%, grade F, #93 of 218 statewide, top 43%, 204 students, 64% FRL); Welsh High School (math 22% / reading 37%, grade F, #127 of 265 statewide, top 49%, 280 students, 52% FRL).
• Market conditions: 4 active listings in the ZIP; 69 units permitted in Jefferson Davis Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($1k loan paydown + $7k appreciation (4.0% local appreciation)).
• Jefferson Davis County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (4.0% appreciation + 3.0% rent growth), your $46k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 213 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (8%) 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $120,336 (27.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 213 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
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. 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?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. 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.
8. 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.
9. 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: 0.73% ✗
• Cap rate: 5.91%
• Cash-on-cash: -1.35%
• DSCR: 0.94
• GRM: 11.4

CMA / ARV

• ARV (on-the-fly): $159,648
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
17328 Highway 395	0.00mi	3/1.0	1,663 (0%)	1mo	$160,150	$96	99

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.04% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.2%
• Equity multiple: 1.56×
• Total profit: $25,777
• Equity at exit: $84,072

10-year hold

• IRR: 11.1%
• Equity multiple: 2.85×
• Total profit: $85,380
• Equity at exit: $137,839

Cash invested: $46,200 (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 →

ZIP-level market 70581

• Home prices YoY: 3.9%
• Active inventory: 4
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $1,203 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$69 /mo · $825/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$253
• Net cashflow: $-52

Break-even live

Break-even rent $1,269

Max offer price $155,788

Occupancy floor 99%

Sensitivity live

Price	-10% $41	-5% $-5	+0% $-52	+5% $-99	+10% $-146
Rent	-10% $-147	-5% $-100	+0% $-52	+5% $-5	+10% $43
Rate	-1.0pp $31	-0.5pp $-10	base $-52	+0.5pp $-95	+1.0pp $-138

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Listing history 11 events

1. 2026-04-07
   status Pending

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

2. 2026-04-07
   status Pending 872-char remark

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

3. 2026-04-01
   price $165,000 872-char remark

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

4. 2026-04-01
   price $165,000

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

5. 2026-02-24
   price $168,000
6. 2025-11-06
   price $170,000 872-char remark

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

7. 2025-11-06
   price $170,000

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

8. 2025-10-10
   price $175,000 872-char remark

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

9. 2025-10-10
   price $175,000

   Show marketing remark (872 chars)

   Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

10. 2025-09-05
    listed $180,000 Active 872-char remark

    Show marketing remark (872 chars)

    Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

11. 2025-09-05
    listed $180,000 Active

    Show marketing remark (872 chars)

    Check out this precious farmhouse nestled on a 9 acre parcel just north of Roanoke! Bring all of your toys and personal belongings because this property has all the storage you need! Property has a 20' x 30' workshop with electricity, four storage sheds, smokehouse, chicken coop and two covered areas; one for vehicle and another for small camper or boat. Eight mature oak trees on the front of the property with the back portion wooded as well. Inside the cottage, you will find three bedrooms and one bathroom, spacious dining room with 10' ceiling, kitchen with a large utility room nearby and cozy living room. Home has updated wiring, some updates to plumbing and roof was replaced around 2005; home needs some repairs, therefore financing would have to be conventional. Flood zone X, so typically no flood insurance required by lender. Call to see this one TODAY!

ⓘ 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: $825 · $69/mo
• Projected year-2 tax: $908 · $76/mo
• Expected delta: +$82/yr (+$7/mo · 10.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 8/10 Severe 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,440
• − Mortgage interest: −$9,243
• − Property taxes: −$825
• − Insurance: −$825
• − Repairs & maintenance: −$1,155
• − Management: −$1,155
• − Depreciation: −$4,800
• Taxable loss: −$3,563
• Est. tax savings @ 24.0%: +$855
• After-tax cash flow: $229/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 Davis Parish
• NCES district ID: 2200810
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 42% ▼ -33.00%
• Median HH income: $40,322
• Composite: 30.21/100
• National rank: #6302
• State rank: #33 of 98 in LA

Livability — Roanoke

• Score: 44/100
• State rank: #455
• US rank: #26782

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,317

Population outlook (Jefferson Davis County) Hauer SSP2

• Today (2025): 31,015 people
• By 2030: 30,563 · -1.5%
• By 2040: 29,639 · -4.4%
• By 2050: 28,456 · -8.3%
• By 2075: 25,521 · -17.7%
• By 2100: 21,787 · -29.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (96%)
• Race & ethnicity: White 96% Hispanic / Latino 4% Two or more races 4%
• Common ancestry: Lithuanian 35% Romanian 1% Slovak 1%

Political lean MEDSL · Jefferson Davis

• 2024 margin: Solid R (+61.1) · D 18.8% · R 79.9% · Other 1.3%
• 2008→2024 swing: -21.5pp toward R · 2008: -39.7pp · 2024: -61.1pp
• All cycles: 2024: R+61.1 2020: R+55.4 2016: R+53.9 2012: R+47.6 2008: R+39.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.04%
• Current HPI: 107.735
• Rent YoY: —
• Metro: —
• 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

-8.3% since first listed

11 events — show timeline

• 2026-04-07 Pending — AcadianaMLS
• 2026-04-07 Pending — SWLAR
• 2026-04-01 Price Changed $165,000 SWLAR
• 2026-04-01 Price Changed $165,000 AcadianaMLS
• 2026-02-24 Price Changed $168,000 AcadianaMLS
• 2025-11-06 Price Changed $170,000 SWLAR
• 2025-11-06 Price Changed $170,000 AcadianaMLS
• 2025-10-10 Price Changed $175,000 SWLAR
• 2025-10-10 Price Changed $175,000 AcadianaMLS
• 2025-09-05 Listed $180,000 SWLAR
• 2025-09-05 Listed $180,000 AcadianaMLS

Property tax history

+3.8%/yr

Latest (2025): $825 · +0.3% YoY. Source: county tax records.