133 Gabe Ln · Swartz, LA 71203

$137,500

3 bd · 1.0 ba · 1,274 sqft · SingleFamily public records · 78 Days on market

Built 1973 0.26 ac lot $108/sqft · 31% below area Est $199k · 31% under ↓ 41% since listing

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Why this score? — see what drove the B- 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 +25.3/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +6.2/10.0
• Schools +3.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3-bedroom, 2-bath home located in the Swartz area! This property offers a spacious layout with a large kitchen, perfect for cooking and gathering. Enjoy peace of mind with a new roof and new water heater already in place. Kitchen appliances will remain, making this home move-in ready. Step outside to a spacious backyard—perfect for relaxing, entertaining, or designing your own outdoor retreat. If you’re seeking simplicity and functionality, this is an opportunity you won’t want to miss!

Key facts

• Spacious backyard
• New water heater
• Large kitchen

Tags

• LARGE KITCHEN
• NEW ROOF
• NEW WATER HEATER
• SPACIOUS BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $138k.

Deal economics

• At list price, monthly cash flow is $311 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $138k).
• Recommended offer: $129k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 6.2% in Swartz — 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 64/100 on livability (#184 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, crime C-, health & safety D.
• Ouachita Parish (suburban): math 31% / reading 45% proficiency, ranked #26 of 98 in LA (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 437 active listings in the ZIP; 345 units permitted in Ouachita Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($52k/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 $951 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($129k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 69% 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 $129,249 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — 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. 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.
6. 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.
7. 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: 1.12% ✓
• Cap rate: 9.00%
• Cash-on-cash: 9.68%
• DSCR: 1.43
• GRM: 7.4

CMA / ARV

• ARV (median comp): $199,340
• List price: $137,500
• Delta: -31.02%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
121 Gabe Ln	0.03mi	3/2.0	1,165 (-9%)	4mo	$145,400	$125	77
339 Music Rd	0.29mi	2/2.0 (-1)	1,198 (-6%)	2mo	$199,000	$166	65
100 Pecan Lake Ests	0.61mi	3/1.5	1,244 (-2%)	24mo	$148,000	$119	46

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: -1.7%
• Equity multiple: 0.93×
• Total profit: $-2,504
• Equity at exit: $20,502

10-year hold

• IRR: 8.0%
• Equity multiple: 1.60×
• Total profit: $23,273
• Equity at exit: $11,888

Cash invested: $38,500 (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 71203

• Home prices YoY: -32.4%
• Active inventory: 437
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,539 medium
• Mortgage (P&I): −$721
• Tax from tax record: −$126 /mo · $1,518/yr
• Insurance: −$57
• HOA: −$0
• Vacancy / Maint / Mgmt: −$323
• Net cashflow: $311

Break-even live

Break-even rent $1,145

Max offer price $137,500

Occupancy floor 75%

Sensitivity live

Price	-10% $388	-5% $350	+0% $311	+5% $272	+10% $233
Rent	-10% $189	-5% $250	+0% $311	+5% $371	+10% $432
Rate	-1.0pp $380	-0.5pp $346	base $311	+0.5pp $275	+1.0pp $239

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: $34,375
• Closing costs: $4,125
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-19
   days on market $137,500 Active 78 DOM
2. 2026-06-18
   days on market $137,500 Active 77 DOM
3. 2026-06-17
   days on market $137,500 Active 76 DOM
4. 2026-06-16
   days on market $137,500 Active 75 DOM
5. 2026-06-15
   days on market $137,500 Active 74 DOM
6. 2026-06-14
   days on market $137,500 Active 72 DOM
7. 2026-06-13
   days on market $137,500 Active 71 DOM
8. 2026-06-10
   days on market $137,500 Active 69 DOM
9. 2026-06-09
   days on market $137,500 Active 68 DOM
10. 2026-06-08
    days on market $137,500 Active 67 DOM
11. 2026-06-07
    days on market $137,500 Active 66 DOM
12. 2026-06-03
    days on market $137,500 Active 62 DOM
13. 2026-06-03
    price $137,500 Active 61 DOM
14. 2026-06-02
    days on market $145,000 Active 61 DOM
15. 2026-06-01
    days on market $145,000 Active 60 DOM
16. 2026-05-31
    days on market $145,000 Active 59 DOM
17. 2026-05-30
    days on market $145,000 Active 58 DOM
18. 2026-04-15
    price $150,000 518-char remark

    Show marketing remark (518 chars)

    Charming 3-bedroom, 2-bath home located in the Swartz area! This property offers a spacious layout with a large kitchen, perfect for cooking and gathering. Enjoy peace of mind with a new roof and new water heater already in place. Kitchen appliances will remain, making this home move-in ready. Step outside to a spacious backyard—perfect for relaxing, entertaining, or designing your own outdoor retreat. If you’re seeking simplicity and functionality, this is an opportunity you won’t want to miss!

19. 2026-04-02
    listed $155,000 Active 518-char remark

    Show marketing remark (518 chars)

    Charming 3-bedroom, 2-bath home located in the Swartz area! This property offers a spacious layout with a large kitchen, perfect for cooking and gathering. Enjoy peace of mind with a new roof and new water heater already in place. Kitchen appliances will remain, making this home move-in ready. Step outside to a spacious backyard—perfect for relaxing, entertaining, or designing your own outdoor retreat. If you’re seeking simplicity and functionality, this is an opportunity you won’t want to miss!

20. 2022-07-05
    soldstatus $256,000

ⓘ 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: $1,518 · $126/mo
• Projected year-2 tax: $1,518 · $126/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 4/10 Moderate FEMA zone X (shaded) · 20% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 20 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 69% 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: $18,462
• − Mortgage interest: −$7,702
• − Property taxes: −$1,518
• − Insurance: −$688
• − Repairs & maintenance: −$1,477
• − Management: −$1,477
• − Depreciation: −$4,000
• Taxable income: $1,601
• Est. tax owed @ 24.0%: −$384
• After-tax cash flow: $3,343/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: Ouachita Parish
• NCES district ID: 2201200
• Math proficiency: 31% ▼ -38.00%
• Reading proficiency: 45% ▼ -31.00%
• Median HH income: $43,316
• Composite: 32.14/100
• National rank: #5791
• State rank: #26 of 98 in LA

Livability — Swartz

• Score: 64/100
• State rank: #184
• US rank: #14862

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Ouachita Parish · 118,340 people
• Metro: Monroe, LA
• Population (ZIP): 38,354
• Household income: $52,326
• Rent vs Own: 43.7% rent · 56.3% own
• Severe rent burden: 2085.0

Population outlook (Ouachita County) Hauer SSP2

• Today (2025): 163,370 people
• By 2030: 165,520 · +1.3%
• By 2040: 167,652 · +2.6%
• By 2050: 166,699 · +2.0%
• By 2075: 156,348 · -4.3%
• By 2100: 134,102 · -17.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 48% White 45% Two or more races 4% Hispanic / Latino 3% Asian 1%
• Common ancestry: Lithuanian 3% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Ouachita

• 2024 margin: Strong R (+27.9) · D 35.5% · R 63.3% · Other 1.2%
• 2008→2024 swing: -2.7pp toward R · 2008: -25.2pp · 2024: -27.9pp
• All cycles: 2024: R+27.9 2020: R+23.6 2016: R+25.4 2012: R+20.9 2008: R+25.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -99.01%
• Current HPI: 206.1948
• Rent YoY: —
• Metro: Monroe, 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

-41.4% since first listed

3 events — show timeline

• 2026-04-15 Price Changed $150,000 NELABOR
• 2026-04-02 Listed $155,000 NELABOR
• 2022-07-05 Sold (Public Records) $256,000 Public Records

Property tax history

+12.7%/yr

Latest (2025): $1,518 · -0.7% YoY. Source: county tax records.