Ledoux Plan · Denham Springs, LA 70706

$285,900

4 bd · 2.0 ba · 2,051 sqft · SingleFamily · 204 Days on market

Good condition

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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 +9.7/30.0
• ARV discount +7.5/15.0
• Schools +4.0/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• 1% rule +2.9/10.0
• DSCR +2.7/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing The Ledoux, a thoughtfully designed single-story new construction home offering 4 bedrooms, 2 bathrooms, a 2-car garage, and a covered patio with 2,051 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Whispering Springs, Denham Springs, La. From the moment you step inside the welcoming foyer, you're drawn into the heart of the home, where the kitchen, dining area, and living room flow together seamlessly. This bright and open layout is ideal for entertaining, family time, and relaxed daily living. Large windows bring in natural light, while easy access to the covered back patio creates a smooth indoor-outdoor connection-perfect for morning coffee, weekend grilling, or evening unwinding. The modern kitchen features a large center island overlooking the living space, a walk-in pantry, and a dedicated laundry room nearby for added convenience. Designed with both style and durability in mind, the kitchen includes stainless steel appliances, including stove, microwave hood, and dishwasher, also paired with beautiful 3 cm granite countertops throughout, making it as functional as it is stylish. The primary bedroom suite is privately positioned and offers a true retreat, complete with an oversized bedroom, a spacious walk-in closet, and an en suite bathroom with dual vanities, a separate soaking tub and shower, and a thoughtfully designed layout for comfort and ease.

Key facts

• Open concept living
• Large center island
• Covered patio

Tags

• COVERED PATIO
• OPEN CONCEPT LIVING
• LARGE CENTER ISLAND
• WALK IN PANTRY
• DEDICATED LAUNDRY ROOM
• STAINLESS STEEL APPLIANCES

🏗️ New construction. The $285,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $307,830.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $286k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-205 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $278k (2.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $243k (14.9% below list).
• Recommended offer: $243k (14.9% below list) — sets the bar for 1% rule.
• Cap rate 5.5% vs local median 4.5% in Denham Springs — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 74/100 on livability (#29 in LA, #4,939 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, amenities F, 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: 418 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).
• This rent runs 31% of the median local income ($95k/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.
• 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 204 days — a 12% lower offer ($252k) is reasonable based on typical stale-listing flexibility.

Recommended offer $243,313 (14.9% 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 204 days. Have you received any prior offers? Is the seller open to a 15% 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: 0.79% ✗
• Cap rate: 5.49%
• Cash-on-cash: -2.86%
• DSCR: 0.87
• GRM: 10.5

CMA / ARV

• ARV (median comp): $307,830
• List price: $285,900
• Delta: -7.12%
• 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
35444 Forest Manor Ave	0.21mi	4/2.0	2,051 (0%)	2mo	$285,900	$139	89
35435 Forest Manor Ave	0.24mi	5/3.0 (+1)	2,022 (-1%)	2mo	$286,900	$142	76
35453 Forest Manor Ave	0.24mi	5/3.0 (+1)	2,022 (-1%)	2mo	$290,900	$144	76
35468 Forest Manor Ave	0.21mi	4/2.0	1,825 (-11%)	2mo	$276,900	$152	71
35471 Forest Manor Ave	0.24mi	4/2.0	1,825 (-11%)	0mo	$271,900	$149	71
35456 Forest Manor Ave	0.21mi	4/2.0	1,825 (-11%)	2mo	$272,900	$150	70
35477 Forest Manor Ave	0.24mi	4/2.0	1,825 (-11%)	1mo	$274,725	$151	70
35432 Forest Manor Ave	0.21mi	4/2.0	1,825 (-11%)	4mo	$268,900	$147	69
35441 Forest Manor Ave	0.24mi	4/2.0	1,825 (-11%)	3mo	$274,900	$151	68
35602 Grovemont Dr	0.62mi	4/2.0	2,087 (+2%)	2mo	$268,000	$128	66
35414 Forest Manor Ave	0.21mi	5/2.0 (+1)	1,856 (-10%)	4mo	$271,900	$146	66
35488 Grovemont Dr	0.69mi	4/2.0	1,836 (-10%)	1mo	$265,000	$144	50

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: -21.0%
• Equity multiple: 0.27×
• Total profit: $-62,913
• Equity at exit: $45,898

10-year hold

• IRR: -14.4%
• Equity multiple: 0.17×
• Total profit: $-71,461
• Equity at exit: $26,616

Cash invested: $86,192 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 30 active · 24 under contract
• Months of supply: 4.5 mo (22%/mo absorbed)
• Median asking: $259,450 ($141/sqft)
• Median days on market: 92 d
• This list price: 87% of active listings are priced below it
• ARV vs active asking: +6.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70706

• Active inventory: 418
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,433 medium
• Mortgage (P&I): −$1,614
• Tax est. 1.5%: −$385 /mo · $4,617/yr
• Insurance: −$128
• HOA: −$0
• Vacancy / Maint / Mgmt: −$511
• Net cashflow: $-205

Break-even live

Break-even rent $2,693

Max offer price $278,141

Occupancy floor —

Sensitivity live

Price	-10% $8	-5% $-99	+0% $-205	+5% $-312	+10% $-418
Rent	-10% $-397	-5% $-301	+0% $-205	+5% $-109	+10% $-13
Rate	-1.0pp $-50	-0.5pp $-127	base $-205	+0.5pp $-285	+1.0pp $-366

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: $76,958
• Closing costs: $9,235
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
35648 Avery Dr Denham Springs, LA	5.0	2.0	2077	$2,500	$1.20	68d	1	0.10mi
35517 Grovemont Dr Denham Springs, LA	4.0	2.0	1836	$1,950	$1.06	15d	1	0.67mi

Listing history 50 events

1. 2026-08-08
   days on market $285,900 Active 204 DOM
2. 2026-08-07
   days on market $285,900 Active 203 DOM
3. 2026-08-06
   days on market $285,900 Active 202 DOM
4. 2026-08-05
   days on market $285,900 Active 201 DOM
5. 2026-08-04
   days on market $285,900 Active 200 DOM
6. 2026-08-03
   days on market $285,900 Active 199 DOM
7. 2026-07-31
   days on market $285,900 Active 196 DOM
8. 2026-07-29
   days on market $285,900 Active 194 DOM
9. 2026-07-27
   days on market $285,900 Active 192 DOM
10. 2026-07-25
    days on market $285,900 Active 190 DOM
11. 2026-07-23
    days on market $285,900 Active 188 DOM
12. 2026-07-22
    days on market $285,900 Active 187 DOM
13. 2026-07-21
    days on market $285,900 Active 186 DOM
14. 2026-07-18
    days on market $285,900 Active 183 DOM
15. 2026-07-16
    days on market $285,900 Active 181 DOM
16. 2026-07-16
    days on market $285,900 Active 180 DOM
17. 2026-07-14
    days on market $285,900 Active 179 DOM
18. 2026-07-13
    days on market $285,900 Active 178 DOM
19. 2026-07-12
    days on market $285,900 Active 177 DOM
20. 2026-07-11
    days on market $285,900 Active 176 DOM
21. 2026-07-10
    days on market $285,900 Active 175 DOM
22. 2026-07-09
    days on market $285,900 Active 174 DOM
23. 2026-07-07
    days on market $285,900 Active 172 DOM
24. 2026-07-07
    days on market $285,900 Active 171 DOM
25. 2026-07-05
    days on market $285,900 Active 170 DOM
26. 2026-07-04
    days on market $285,900 Active 169 DOM
27. 2026-07-03
    days on market $285,900 Active 168 DOM
28. 2026-07-02
    days on market $285,900 Active 167 DOM
29. 2026-07-01
    days on market $285,900 Active 166 DOM
30. 2026-06-30
    days on market $285,900 Active 165 DOM
31. 2026-06-29
    days on market $285,900 Active 164 DOM
32. 2026-06-28
    days on market $285,900 Active 163 DOM
33. 2026-06-28
    days on market $285,900 Active 162 DOM
34. 2026-06-27
    days on market $285,900 Active 161 DOM
35. 2026-06-25
    days on market $285,900 Active 159 DOM
36. 2026-06-23
    days on market $285,900 Active 157 DOM
37. 2026-06-22
    days on market $285,900 Active 156 DOM
38. 2026-06-18
    days on market $285,900 Active 153 DOM
39. 2026-06-17
    days on market $285,900 Active 152 DOM
40. 2026-06-16
    days on market $285,900 Active 151 DOM
41. 2026-06-15
    days on market $285,900 Active 150 DOM
42. 2026-06-14
    days on market $285,900 Active 148 DOM
43. 2026-06-13
    days on market $285,900 Active 147 DOM
44. 2026-06-10
    days on market $285,900 Active 145 DOM
45. 2026-06-08
    days on market $285,900 Active 143 DOM
46. 2026-06-07
    days on market $285,900 Active 142 DOM
47. 2026-06-03
    days on market $285,900 Active 138 DOM
48. 2026-06-02
    days on market $285,900 Active 137 DOM
49. 2026-06-01
    days on market $285,900 Active 136 DOM
50. 2026-05-31
    days on market $285,900 Active 135 DOM

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

Taxation est. · year 1

• Rental income: $29,198
• − Mortgage interest: −$17,243
• − Property taxes: −$4,617
• − Insurance: −$1,539
• − Repairs & maintenance: −$2,336
• − Management: −$2,336
• − Depreciation: −$8,955
• Taxable loss: −$7,829
• Est. tax savings @ 24.0%: +$1,879
• After-tax cash flow: $-583/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.

Condition & rehab AI · 12 photos

Good 80/100 None rehab

This single-story new construction home is in excellent condition with modern finishes and open-concept living. It's move-in ready and offers a great value for both resale and rental markets.

Value-add opportunities

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Install smart home devices — Smart home devices improve convenience and add value to the home. ↑
• Both Add outdoor lighting — Outdoor lighting enhances safety and curb appeal at night. ↑
• Both Install a smart thermostat — A smart thermostat can save energy and improve comfort, increasing both resale and rental value. ↑

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

B Composite livability gradescore 74/100

Livability — Denham Springs

• Score: 74/100
• State rank: #29
• US rank: #4939

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Livingston · 158,511 people
• City population: 63,575
• Metro: Baton Rouge, LA
• Population (ZIP): 22,621
• Household income: $94,768
• Rent vs Own: 8.4% rent · 91.6% own
• Severe rent burden: 8% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Black 6% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Lithuanian 15% Slovak 2% Italian 1%
• Foreign-born: 1% · Canada, China

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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: ▼ -88.82%
• Current HPI: 160.2185
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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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

+1.4% since first listed

3 events — show timeline

• 2026-03-06 Price Changed $285,900 Zillow
• 2026-02-24 Price Changed $283,900 Zillow
• 2026-01-16 Listed $281,900 Zillow