Yardley III A - Fairhope Plan · Hammond, LA 70454

$268,990

4 bd · 2.5 ba · 1,833 sqft · SingleFamily · 572 Days on market

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Why this score? — see what drove the F 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 +10.1/30.0
• ARV discount +7.5/15.0
• Livability +3.5/5.0
• 1% rule +3.0/10.0
• DSCR +2.9/10.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Experience comfort, style, and energy efficiency in the Yardley III A floor plan by DSLD Homes. This thoughtfully designed home offers 1,833 square feet of living space with a total area of 2,398 square feet under roof. With four spacious bedrooms and two and a half bathrooms, this layout is perfect for growing families or anyone looking for a modern and functional home. The exterior showcases a blend of brick, stucco, and siding, providing a timeless and durable finish. A covered rear porch extends your living space outdoors, while a two-car garage adds everyday convenience. Inside, you'll find an open floor plan that seamlessly connects the main living areas, ideal for entertaining or relaxing with family. The kitchen features sleek recessed can lighting that enhances its modern appeal. The master suite is a true retreat, complete with a luxurious garden tub, a separate walk-in shower, a double vanity, and a spacious walk-in closet. Designed with energy efficiency in mind, this home offers lower utility bills and a more sustainable lifestyle without sacrificing comfort or quality. Discover the Yardley III A-where smart design, high-quality materials, and everyday comfort come together in one exceptional home.

Key facts

• Open floor plan
• Double master vanity
• Covered rear porch

Tags

• OPEN FLOOR PLAN
• DOUBLE MASTER VANITY
• SEPARATE MASTER SHOWER
• WALK-IN MASTER CLOSET
• COVERED REAR PORCH
• BRICK STUCCO SIDING EXTERIOR

🏗️ New construction. The $268,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $295,110.

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $269k.

Deal economics

• At list price, monthly cash flow is $-173 ($-2k/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (12.2% below list).
• Recommended offer: $236k (12.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#77 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: amenities C-, commute D+, crime 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: Champ Cooper Elementary School (math 18% / reading 41%, grade F, #333 of 646 statewide, top 54%, 1,126 students, 57% FRL); Ponchatoula High School (math 29% / reading 40%, grade F, #106 of 265 statewide, top 43%, 2,262 students, 51% FRL) — zoned schools average 54% FRL vs 73% district-wide (19 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents flat; 527 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
• This rent runs 40% 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 $2k of loan paydown is wiped out by about $9k 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 572 days — a 12% lower offer ($237k) is reasonable based on typical stale-listing flexibility.

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 $236,255 (12.2% 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 572 days. Have you received any prior offers? Is the seller open to a 12% 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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?
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: 0.80% ✗
• Cap rate: 5.59%
• Cash-on-cash: -2.51%
• DSCR: 0.89
• GRM: 10.4

CMA / ARV

• ARV (median comp): $295,110
• List price: $268,990
• Delta: -8.85%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
39642 Fairhope Dr	0.09mi	4/2.0	1,935 (+6%)	3mo	$268,000	$139	82
39413 Fairhope Dr	0.37mi	3/2.0 (-1)	1,825 (-0%)	2mo	$272,633	$149	74
39586 White Sand Ln	0.18mi	4/3.0	1,969 (+7%)	4mo	$294,980	$150	74
39593 White Sand Ln	0.20mi	3/2.0 (-1)	1,939 (+6%)	4mo	$299,000	$154	71
39397 Fairhope Dr	0.37mi	4/3.0	1,969 (+7%)	0mo	$302,212	$153	68
39509 White Sand Ln	0.39mi	4/2.0	1,935 (+6%)	3mo	$279,468	$144	68
25352 Blue Heron Dr	0.42mi	3/2.0 (-1)	1,887 (+3%)	1mo	$279,060	$148	68
39441 White Sand Ln	0.49mi	3/2.0 (-1)	1,825 (-0%)	4mo	$275,679	$151	66
39512 White Sand Ln	0.39mi	3/2.0 (-1)	1,750 (-4%)	3mo	$265,990	$152	65
39478 White Sand Ln	0.44mi	4/2.0	1,992 (+9%)	3mo	$299,170	$150	61
39444 Fairhope Dr	0.37mi	4/3.0	2,072 (+13%)	2mo	$296,780	$143	58
39421 Fairhope Dr	0.37mi	4/3.0	2,072 (+13%)	3mo	$291,913	$141	57

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: -23.1%
• Equity multiple: 0.22×
• Total profit: $-64,241
• Equity at exit: $44,002

10-year hold

• IRR: -25.3%
• Equity multiple: -0.10×
• Total profit: $-91,267
• Equity at exit: $25,516

Cash invested: $82,631 (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 70454

• Rents YoY: 0.7%
• Active inventory: 527
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,363 medium
• Mortgage (P&I): −$1,548
• Tax est. 1.5%: −$369 /mo · $4,427/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$496
• Net cashflow: $-173

Break-even live

Break-even rent $2,582

Max offer price $270,073

Occupancy floor —

Sensitivity live

Price	-10% $31	-5% $-71	+0% $-173	+5% $-275	+10% $-377
Rent	-10% $-360	-5% $-266	+0% $-173	+5% $-80	+10% $14
Rate	-1.0pp $-24	-0.5pp $-98	base $-173	+0.5pp $-249	+1.0pp $-327

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: $73,777
• Closing costs: $8,853
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
40531 Cypress Reserve Blvd Ponchatoula, LA	4.0	2.5	2597	$2,750	$1.06	45d	1	0.85mi
41095 Mersanger Rd Ponchatoula, LA	3.0	2.0	1510	$1,950	$1.29	45d	1	1.20mi

Listing history 19 events

1. 2026-06-21
   days on market $268,990 Active 572 DOM
2. 2026-06-19
   days on market $268,990 Active 570 DOM
3. 2026-06-18
   days on market $268,990 Active 569 DOM
4. 2026-06-17
   days on market $268,990 Active 568 DOM
5. 2026-06-16
   days on market $268,990 Active 567 DOM
6. 2026-06-15
   days on market $268,990 Active 566 DOM
7. 2026-06-14
   days on market $268,990 Active 564 DOM
8. 2026-06-13
   days on market $268,990 Active 563 DOM
9. 2026-06-10
   days on market $268,990 Active 561 DOM
10. 2026-06-09
    days on market $268,990 Active 560 DOM
11. 2026-06-08
    days on market $268,990 Active 559 DOM
12. 2026-06-07
    days on market $268,990 Active 558 DOM
13. 2026-06-05
    days on market $268,990 Active 555 DOM
14. 2026-06-03
    days on market $268,990 Active 554 DOM
15. 2026-06-02
    days on market $268,990 Active 553 DOM
16. 2026-06-01
    days on market $268,990 Active 552 DOM
17. 2026-05-31
    days on market $268,990 Active 551 DOM
18. 2026-05-30
    days on market $268,990 Active 550 DOM
19. 2024-11-26
    listed $268,990 Active 1230-char remark

    Show marketing remark (1230 chars)

    Experience comfort, style, and energy efficiency in the Yardley III A floor plan by DSLD Homes. This thoughtfully designed home offers 1,833 square feet of living space with a total area of 2,398 square feet under roof. With four spacious bedrooms and two and a half bathrooms, this layout is perfect for growing families or anyone looking for a modern and functional home. The exterior showcases a blend of brick, stucco, and siding, providing a timeless and durable finish. A covered rear porch extends your living space outdoors, while a two-car garage adds everyday convenience. Inside, you'll find an open floor plan that seamlessly connects the main living areas, ideal for entertaining or relaxing with family. The kitchen features sleek recessed can lighting that enhances its modern appeal. The master suite is a true retreat, complete with a luxurious garden tub, a separate walk-in shower, a double vanity, and a spacious walk-in closet. Designed with energy efficiency in mind, this home offers lower utility bills and a more sustainable lifestyle without sacrificing comfort or quality. Discover the Yardley III A-where smart design, high-quality materials, and everyday comfort come together in one exceptional home.

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,351
• − Mortgage interest: −$16,531
• − Property taxes: −$4,427
• − Insurance: −$1,476
• − Repairs & maintenance: −$2,268
• − Management: −$2,268
• − Depreciation: −$8,585
• Taxable loss: −$7,203
• Est. tax savings @ 24.0%: +$1,729
• After-tax cash flow: $-347/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: 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

Livability — Hammond

• Score: 69/100
• State rank: #77
• US rank: #8868

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Tangipahoa Parish · 85,958 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: 479.0

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%

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%

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

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

1 event — show timeline

• 2024-11-26 Listed $268,990 Zillow