2387 77th Ave · Baton Rouge, LA 70807

$125,000

4 bd · 3.5 ba · 2,995 sqft · Land · 11 Days on market

Built 1955 0.59 ac lot ↓ 7% 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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• ARV discount +7.5/15.0
• Appreciation +4.6/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks MLS

This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

Key facts

• Three lots
• 0.59 acre lot
• Garage

Tags

• MULTIPLE LIVING AREAS
• SUNROOM OVERLOOKING BACKYARD
• THREE LOTS

Property features AI

Exterior

• Parking: Garage (2 parking spaces)
• Utilities: Public water; Public sewer
• Home design: Single-family detached residence; One story
• Construction: Frame and brick construction; Slab foundation; Metal roof; Built as residential single family
• Exterior features: Porch; Partial fencing; Shed(s); Private in-ground pool

Interior

• Kitchen: Electric cooktop
• Flooring: Tile; Carpet; Ceramic tile
• Bathrooms: 3 full bathrooms; 1 partial bathroom
• Heating & cooling: Central heating; Central air; Ceiling fan(s)
• Interior features: Electric cooktop
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/3.5-bath land listed at $125k.

Deal economics

• At list price, monthly cash flow is $505 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Cap rate 11.1% vs local median 4.3% in Baton Rouge — 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 74/100 on livability (#24 in LA, #4,535 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: amenities D, crime F, employment D-.
• East Baton Rouge Parish (urban): math 22% / reading 34% proficiency, ranked #47 of 98 in LA (top 48%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Progress Elementary School (math 22% / reading 27%, grade F, #384 of 646 statewide, top 62%, 330 students, 93% FRL); Park Forest Middle School (math 3% / reading 12%, grade F, #207 of 218 statewide, top 95%, 582 students, 78% FRL); Liberty High School (math 50% / reading 74%, grade B-, #15 of 265 statewide, top 6%, 1,208 students, 60% FRL) — zoned schools at 77% FRL track the district average.
• Market conditions: 102 active listings in the ZIP; lower-income renter base — watch delinquency; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• At $1,733/mo this rent would consume 76% of the median local household income ($28k/yr) (locally 1092% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-0.9%/yr); year-one equity from $864 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• East Baton Rouge County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-0.9% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• 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 $125,000

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.39% ✓
• Cap rate: 11.14%
• Cash-on-cash: 17.32%
• DSCR: 1.77
• GRM: 6.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-0.87% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.7%
• Equity multiple: 1.67×
• Total profit: $23,517
• Equity at exit: $30,947

10-year hold

• IRR: 20.4%
• Equity multiple: 3.08×
• Total profit: $72,952
• Equity at exit: $33,160

Cash invested: $35,000 (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 70807

• Home prices YoY: -1.1%
• Active inventory: 102
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,733 medium
• Mortgage (P&I): −$656
• Tax est. 1.5%: −$156 /mo · $1,875/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $505

Break-even live

Break-even rent $1,093

Max offer price $125,000

Occupancy floor 66%

Sensitivity live

Price	-10% $592	-5% $548	+0% $505	+5% $462	+10% $419
Rent	-10% $368	-5% $437	+0% $505	+5% $574	+10% $642
Rate	-1.0pp $568	-0.5pp $537	base $505	+0.5pp $473	+1.0pp $440

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-05-14
   status Pending 763-char remark

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

2. 2026-05-14
   status Pending

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

3. 2026-05-12
   price $125,000 763-char remark

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

4. 2026-05-12
   price $125,000

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

5. 2026-05-11
   status Active 763-char remark

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

6. 2026-05-11
   status Active

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

7. 2026-04-29
   status Pending 763-char remark

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

8. 2026-04-28
   status Pending
9. 2026-04-22
   status Active 763-char remark

   Show marketing remark (763 chars)

   This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

10. 2026-04-22
    status Active

    Show marketing remark (763 chars)

    This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

11. 2026-03-19
    status Pending 763-char remark

    Show marketing remark (763 chars)

    This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

12. 2026-03-19
    status Pending

    Show marketing remark (763 chars)

    This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

13. 2026-03-17
    listed $135,000 Active

    Show marketing remark (763 chars)

    This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

14. 2026-03-17
    listed $135,000 Active 763-char remark

    Show marketing remark (763 chars)

    This 4-bedroom, 3-bath home in the Southern Heights subdivision offers a unique opportunity for investors or buyers looking to build equity over time. With nearly 3,000 square feet of living space, the home provides a spacious layout with multiple living areas and a sunroom overlooking the backyard. While the property is in need of updates, it offers strong potential for renovation and customization to suit your vision. The property is being sold with three lots--Lots 443, 444, and 445--providing additional space and flexibility. Conveniently located near Southern University and just minutes from the Baton Rouge Metropolitan Airport, this property presents a great opportunity for those looking to transform a large home with significant upside potential.

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,796
• − Mortgage interest: −$7,002
• − Property taxes: −$1,875
• − Insurance: −$625
• − Repairs & maintenance: −$1,664
• − Management: −$1,664
• − Depreciation: −$3,636
• Taxable income: $4,330
• Est. tax owed @ 24.0%: −$1,039
• After-tax cash flow: $5,023/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: East Baton Rouge Parish
• NCES district ID: 2200540
• Math proficiency: 22% ▼ -36.00%
• Reading proficiency: 34% ▼ -31.00%
• Median HH income: $46,263
• Composite: 24.14/100
• National rank: #7745
• State rank: #47 of 98 in LA

Livability — Baton Rouge

• Score: 74/100
• State rank: #24
• US rank: #4535

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baton Rouge, LA
• County: East Baton Rouge Parish · 399,686 people
• City population: 351,868
• Metro: Baton Rouge, LA
• Population (ZIP): 15,300
• Household income: $27,534
• Rent vs Own: 56.8% rent · 43.2% own
• Severe rent burden: 1092.0

Population outlook (East Baton Rouge County) Hauer SSP2

• Today (2025): 464,810 people
• By 2030: 472,137 · +1.6%
• By 2040: 480,243 · +3.3%
• By 2050: 484,422 · +4.2%
• By 2075: 492,069 · +5.9%
• By 2100: 476,347 · +2.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Black (91%)
• Race & ethnicity: Black 91% Two or more races 6% White 3%
• Common ancestry: Lithuanian 1%
• Foreign-born: 1% · Canada

Political lean MEDSL · East Baton Rouge

• 2024 margin: D (+11.1) · D 54.5% · R 43.4% · Other 2.1%
• 2008→2024 swing: +8.9pp toward D · 2008: 2.2pp · 2024: 11.1pp
• All cycles: 2024: D+11.1 2020: D+13.1 2016: D+9.2 2012: D+5.2 2008: D+2.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.87%
• Current HPI: 78.3629
• 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

-7.4% since first listed

14 events — show timeline

• 2026-05-14 Pending — AcadianaMLS
• 2026-05-14 Pending — GBRMLS
• 2026-05-12 Price Changed $125,000 AcadianaMLS
• 2026-05-12 Price Changed $125,000 GBRMLS
• 2026-05-11 Relisted — AcadianaMLS
• 2026-05-11 Relisted — GBRMLS
• 2026-04-29 Pending — AcadianaMLS
• 2026-04-28 Pending — GBRMLS
• 2026-04-22 Relisted — AcadianaMLS
• 2026-04-22 Relisted — GBRMLS
• 2026-03-19 Pending — AcadianaMLS
• 2026-03-19 Pending — GBRMLS
• 2026-03-17 Listed $135,000 GBRMLS
• 2026-03-17 Listed $135,000 AcadianaMLS

Property tax history

+7.9%/yr

Latest (2025): $174 · +1.9% YoY. Source: county tax records.