14162 Forest Glen Ln · Walker, LA 70785

$194,999

4 bd · 2.0 ba · 2,127 sqft · SingleFamily · 105 Days on market

Built 1985 0.32 ac lot $92/sqft · 22% below area Est $250k · 22% under

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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 +18.7/30.0
• ARV discount +15.0/15.0
• DSCR +5.9/10.0
• 1% rule +4.6/10.0
• Schools +4.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Prime Location, Fully Renovated Gem - Sellers Eager to Close Quickly! Discover your dream home in the heart of Walker - this stunning 4-bedroom, 2-bathroom residence with a dedicated office sits just off the interstate for unbeatable convenience to top shopping, dining, and groceries. Completely transformed with modern updates throughout, this move-in-ready beauty is ready for you to call home today! Step into the expansive, light-filled living area featuring elegant built-in shelving and cabinets flanking a cozy fireplace - perfect for storage and showcasing your style. The gourmet kitchen shines with sleek stainless steel appliances, direct access to the 2-car garage, and an oversized laundry room complete with an attached pantry for ultimate functionality. Ideal for entrepreneurs or remote workers, the versatile office boasts dual entrances - one from inside the home and a private exterior door - making it seamless for in-home business or client visits. The generously sized bedroom adjacent to the kitchen offers a massive walk-in closet for effortless organization. Pamper yourself in the upgraded guest bathroom, where the shower boasts luxurious tile surrounds, textured cobblestone flooring, and abundant built-in storage. Retreat to the spacious primary suite with its enormous walk-in closet and private en-suite bath featuring a relaxing soaking tub and separate shower. Outside, entertain effortlessly on the expansive covered back patio - your private oasis for BBQs, morning coffee, or quiet evenings. A bonus storage building provides extra space for tools, toys, or seasonal items. Best of all? The sellers have maintained an active American Home Shield home warranty - with annual inspections and servicing on the HVAC, hot water heater, and key systems - and it's fully transferable to you for added security and peace of mind! Priced aggressively with motivated sellers ready to negotiate and eager to accommodate serious buyers - this exceptional, fully updated home

Key facts

• Fully renovated
• Gourmet kitchen
• Dedicated office

Tags

• FULLY RENOVATED
• DEDICATED OFFICE
• EXPANSIVE LIVING AREA
• BUILT-IN SHELVING
• GOURMET KITCHEN
• STAINLESS STEEL APPLIANCES

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $-235 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $154k (21.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (4.1% below list).
• Recommended offer: $154k (21.3% below list) — sets the bar for cash-flow.
• Cap rate 7.5% vs local median 4.8% in Walker — 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 75/100 on livability (#19 in LA, #3,999 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities D-, commute F.
• Livingston Parish (suburban): math 40% / reading 52% proficiency, ranked #13 of 98 in LA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 254 active listings in the ZIP; solid renter incomes; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).

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.
• Livingston County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 105 days — a 9% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
• 14 sale attempts since 23y ago; this cycle's ask has dropped $24k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (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 $153,522 (21.3% 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 105 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
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 A-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 F 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: 0.96% ✗
• Cap rate: 7.47%
• Cash-on-cash: 4.21%
• DSCR: 1.19
• GRM: 8.7

CMA / ARV

• ARV (median comp): $250,351
• List price: $194,999
• Delta: -22.11%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14260 Pine Park Dr	0.47mi	3/2.0 (-1)	1,995 (-6%)	18mo	$149,000	$75	48
13351 Sunny Ln	0.72mi	3/2.0 (-1)	1,952 (-8%)	11mo	$285,000	$146	38

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: -24.9%
• Equity multiple: 0.15×
• Total profit: $-46,301
• Equity at exit: $29,075

10-year hold

• IRR: -20.2%
• Equity multiple: -0.07×
• Total profit: $-58,551
• Equity at exit: $16,860

Cash invested: $54,600 (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 70785

• Home prices YoY: -34.0%
• Active inventory: 254
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,869 medium
• Mortgage (P&I): −$1,023
• Tax from tax record: −$181 /mo · $2,172/yr
• Insurance: −$81
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $-235

Break-even live

Break-even rent $2,166

Max offer price $153,522

Occupancy floor —

Sensitivity live

Price	-10% $-124	-5% $-180	+0% $-235	+5% $-290	+10% $-345
Rent	-10% $-382	-5% $-309	+0% $-235	+5% $-161	+10% $-87
Rate	-1.0pp $-137	-0.5pp $-185	base $-235	+0.5pp $-285	+1.0pp $-337

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: $48,750
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Listing history 40 events

1. 2026-06-22
   statusdays on market $194,999 Pending 105 DOM
2. 2026-06-18
   days on market $194,999 Active 104 DOM
3. 2026-06-17
   days on market $194,999 Active 103 DOM
4. 2026-06-16
   days on market $194,999 Active 102 DOM
5. 2026-06-15
   days on market $194,999 Active 101 DOM
6. 2026-06-14
   days on market $194,999 Active 99 DOM
7. 2026-06-13
   pricedays on market $194,999 Active 98 DOM
8. 2026-06-10
   days on market $209,999 Active 96 DOM
9. 2026-06-09
   days on market $209,999 Active 95 DOM
10. 2026-06-08
    days on market $209,999 Active 94 DOM
11. 2026-06-07
    days on market $209,999 Active 93 DOM
12. 2026-06-03
    days on market $209,999 Active 89 DOM
13. 2026-06-02
    days on market $209,999 Active 88 DOM
14. 2026-06-01
    days on market $209,999 Active 87 DOM
15. 2026-05-31
    days on market $209,999 Active 86 DOM
16. 2026-05-31
    days on market $209,999 Active 85 DOM
17. 2026-04-15
    price $209,999 2000-char remark

    Show marketing remark (2054 chars)

    Prime Location, Fully Renovated Gem – Sellers Eager to Close Quickly! Discover your dream home in the heart of Walker – this stunning 4-bedroom, 2-bathroom residence with a dedicated office sits just off the interstate for unbeatable convenience to top shopping, dining, and groceries. Completely transformed with modern updates throughout, this move-in-ready beauty is ready for you to call home today! Step into the expansive, light-filled living area featuring elegant built-in shelving and cabinets flanking a cozy fireplace – perfect for storage and showcasing your style. The gourmet kitchen shines with sleek stainless steel appliances, direct access to the 2-car garage, and an oversized laundry room complete with an attached pantry for ultimate functionality. Ideal for entrepreneurs or remote workers, the versatile office boasts dual entrances – one from inside the home and a private exterior door – making it seamless for in-home business or client visits. The generously sized bedroom adjacent to the kitchen offers a massive walk-in closet for effortless organization. Pamper yourself in the upgraded guest bathroom, where the shower boasts luxurious tile surrounds, textured cobblestone flooring, and abundant built-in storage. Retreat to the spacious primary suite with its enormous walk-in closet and private en-suite bath featuring a relaxing soaking tub and separate shower. Outside, entertain effortlessly on the expansive covered back patio – your private oasis for BBQs, morning coffee, or quiet evenings. A bonus storage building provides extra space for tools, toys, or seasonal items. Best of all? The sellers have maintained an active American Home Shield home warranty – with annual inspections and servicing on the HVAC, hot water heater, and key systems – and it's fully transferable to you for added security and peace of mind! Priced aggressively with motivated sellers ready to negotiate and eager to accommodate serious buyers – this exceptional, fully updated home

18. 2026-04-15
    price $209,999 2054-char remark

    Show marketing remark (2054 chars)

    Prime Location, Fully Renovated Gem – Sellers Eager to Close Quickly! Discover your dream home in the heart of Walker – this stunning 4-bedroom, 2-bathroom residence with a dedicated office sits just off the interstate for unbeatable convenience to top shopping, dining, and groceries. Completely transformed with modern updates throughout, this move-in-ready beauty is ready for you to call home today! Step into the expansive, light-filled living area featuring elegant built-in shelving and cabinets flanking a cozy fireplace – perfect for storage and showcasing your style. The gourmet kitchen shines with sleek stainless steel appliances, direct access to the 2-car garage, and an oversized laundry room complete with an attached pantry for ultimate functionality. Ideal for entrepreneurs or remote workers, the versatile office boasts dual entrances – one from inside the home and a private exterior door – making it seamless for in-home business or client visits. The generously sized bedroom adjacent to the kitchen offers a massive walk-in closet for effortless organization. Pamper yourself in the upgraded guest bathroom, where the shower boasts luxurious tile surrounds, textured cobblestone flooring, and abundant built-in storage. Retreat to the spacious primary suite with its enormous walk-in closet and private en-suite bath featuring a relaxing soaking tub and separate shower. Outside, entertain effortlessly on the expansive covered back patio – your private oasis for BBQs, morning coffee, or quiet evenings. A bonus storage building provides extra space for tools, toys, or seasonal items. Best of all? The sellers have maintained an active American Home Shield home warranty – with annual inspections and servicing on the HVAC, hot water heater, and key systems – and it's fully transferable to you for added security and peace of mind! Priced aggressively with motivated sellers ready to negotiate and eager to accommodate serious buyers – this exceptional, fully updated home

19. 2026-03-06
    listed $219,000 Active 2000-char remark

    Show marketing remark (2054 chars)

    Prime Location, Fully Renovated Gem – Sellers Eager to Close Quickly! Discover your dream home in the heart of Walker – this stunning 4-bedroom, 2-bathroom residence with a dedicated office sits just off the interstate for unbeatable convenience to top shopping, dining, and groceries. Completely transformed with modern updates throughout, this move-in-ready beauty is ready for you to call home today! Step into the expansive, light-filled living area featuring elegant built-in shelving and cabinets flanking a cozy fireplace – perfect for storage and showcasing your style. The gourmet kitchen shines with sleek stainless steel appliances, direct access to the 2-car garage, and an oversized laundry room complete with an attached pantry for ultimate functionality. Ideal for entrepreneurs or remote workers, the versatile office boasts dual entrances – one from inside the home and a private exterior door – making it seamless for in-home business or client visits. The generously sized bedroom adjacent to the kitchen offers a massive walk-in closet for effortless organization. Pamper yourself in the upgraded guest bathroom, where the shower boasts luxurious tile surrounds, textured cobblestone flooring, and abundant built-in storage. Retreat to the spacious primary suite with its enormous walk-in closet and private en-suite bath featuring a relaxing soaking tub and separate shower. Outside, entertain effortlessly on the expansive covered back patio – your private oasis for BBQs, morning coffee, or quiet evenings. A bonus storage building provides extra space for tools, toys, or seasonal items. Best of all? The sellers have maintained an active American Home Shield home warranty – with annual inspections and servicing on the HVAC, hot water heater, and key systems – and it's fully transferable to you for added security and peace of mind! Priced aggressively with motivated sellers ready to negotiate and eager to accommodate serious buyers – this exceptional, fully updated home

20. 2026-03-06
    listed $219,000 Active 2054-char remark

    Show marketing remark (2054 chars)

    Prime Location, Fully Renovated Gem – Sellers Eager to Close Quickly! Discover your dream home in the heart of Walker – this stunning 4-bedroom, 2-bathroom residence with a dedicated office sits just off the interstate for unbeatable convenience to top shopping, dining, and groceries. Completely transformed with modern updates throughout, this move-in-ready beauty is ready for you to call home today! Step into the expansive, light-filled living area featuring elegant built-in shelving and cabinets flanking a cozy fireplace – perfect for storage and showcasing your style. The gourmet kitchen shines with sleek stainless steel appliances, direct access to the 2-car garage, and an oversized laundry room complete with an attached pantry for ultimate functionality. Ideal for entrepreneurs or remote workers, the versatile office boasts dual entrances – one from inside the home and a private exterior door – making it seamless for in-home business or client visits. The generously sized bedroom adjacent to the kitchen offers a massive walk-in closet for effortless organization. Pamper yourself in the upgraded guest bathroom, where the shower boasts luxurious tile surrounds, textured cobblestone flooring, and abundant built-in storage. Retreat to the spacious primary suite with its enormous walk-in closet and private en-suite bath featuring a relaxing soaking tub and separate shower. Outside, entertain effortlessly on the expansive covered back patio – your private oasis for BBQs, morning coffee, or quiet evenings. A bonus storage building provides extra space for tools, toys, or seasonal items. Best of all? The sellers have maintained an active American Home Shield home warranty – with annual inspections and servicing on the HVAC, hot water heater, and key systems – and it's fully transferable to you for added security and peace of mind! Priced aggressively with motivated sellers ready to negotiate and eager to accommodate serious buyers – this exceptional, fully updated home

21. 2026-01-01
    listed $244,000 Active
22. 2026-01-01
    listed $244,000 Active
23. 2025-09-01
    status Active
24. 2025-06-30
    price $244,000
25. 2025-06-30
    price $244,000
26. 2025-06-11
    price $249,500
27. 2025-06-11
    price $249,500
28. 2025-05-31
    listed $258,000 Active
29. 2025-05-30
    listed $258,000 Active
30. 2025-05-30
    listed $244,000 Active
31. 2025-05-01
    price $269,900
32. 2025-05-01
    price $269,900
33. 2025-03-20
    listed $275,000 Active
34. 2025-03-20
    listed $275,000 Active
35. 2008-04-01
    soldstatus
36. 2008-03-31
    soldstatus
37. 2008-01-29
    listed $169,900
38. 2008-01-29
    listed $169,900
39. 2003-03-20
    listed $134,900
40. 2003-03-20
    listed $134,900

ⓘ 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: $2,172 · $181/mo
• Projected year-2 tax: $2,172 · $181/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone AE · 98% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,429
• − Mortgage interest: −$10,923
• − Property taxes: −$2,172
• − Insurance: −$6,093
• − Repairs & maintenance: −$1,794
• − Management: −$1,794
• − Depreciation: −$5,673
• Taxable loss: −$6,021
• Est. tax savings @ 24.0%: +$1,445
• After-tax cash flow: $-1,373/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: Livingston Parish
• NCES district ID: 2201020
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 52% ▼ -32.00%
• Median HH income: $56,755
• Composite: 40.07/100
• National rank: #3811
• State rank: #13 of 98 in LA

Livability — Walker

• Score: 75/100
• State rank: #19
• US rank: #3999

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Livingston Parish · 87,496 people
• City population: 23,921
• Metro: Baton Rouge, LA
• Population (ZIP): 23,921
• Household income: $89,103
• Rent vs Own: 16.2% rent · 83.8% own
• Severe rent burden: 343.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 158,511 people
• By 2030: 168,241 · +6.1%
• By 2040: 186,252 · +17.5%
• By 2050: 201,516 · +27.1%
• By 2075: 231,217 · +45.9%
• By 2100: 241,697 · +52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Black 6% Two or more races 4% Asian 2% Hispanic / Latino 2%
• Common ancestry: Lithuanian 10% Italian 2% Slovak 2%
• Foreign-born: 2% · Canada, China, Vietnam
• Languages at home: 97% English-only · Chinese 1% Spanish 1%

Political lean MEDSL · Livingston

• 2024 margin: Solid R (+68.5) · D 15.1% · R 83.6% · Other 1.3%
• 2008→2024 swing: +3.4pp toward D · 2008: -71.9pp · 2024: -68.5pp
• All cycles: 2024: R+68.5 2020: R+70.0 2016: R+72.5 2012: R+70.4 2008: R+71.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.92%
• Current HPI: 164.6373
• 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

+55.7% since first listed

24 events — show timeline

• 2026-04-15 Price Changed $209,999 AcadianaMLS
• 2026-04-15 Price Changed $209,999 GBRMLS
• 2026-03-06 Listed $219,000 GBRMLS
• 2026-03-06 Listed $219,000 AcadianaMLS
• 2026-01-01 Listed $244,000 GBRMLS
• 2026-01-01 Listed $244,000 AcadianaMLS
• 2025-09-01 Relisted — GBRMLS
• 2025-06-30 Price Changed $244,000 AcadianaMLS
• 2025-06-30 Price Changed $244,000 GBRMLS
• 2025-06-11 Price Changed $249,500 AcadianaMLS
• 2025-06-11 Price Changed $249,500 GBRMLS
• 2025-05-31 Listed $258,000 GBRMLS
• 2025-05-30 Listed $244,000 AcadianaMLS
• 2025-05-30 Listed $258,000 AcadianaMLS
• 2025-05-01 Price Changed $269,900 AcadianaMLS
• 2025-05-01 Price Changed $269,900 GBRMLS
• 2025-03-20 Listed $275,000 GBRMLS
• 2025-03-20 Listed $275,000 AcadianaMLS
• 2008-04-01 Sold (Public Records) — Public Records
• 2008-03-31 Sold (MLS) — GBRMLS
• 2008-01-29 Listed $169,900 AcadianaMLS
• 2008-01-29 Listed $169,900 GBRMLS
• 2003-03-20 Listed $134,900 AcadianaMLS
• 2003-03-20 Listed $134,900 GBRMLS

Property tax history

+1.3%/yr

Latest (2024): $2,172 · -0.3% YoY. Source: county tax records.