2614 Bartlett St · Baton Rouge, LA 70805

$69,990

3 bd · 1.0 ba · 1,260 sqft · SingleFamily · 69 Days on market

Built 1960 0.34 ac lot $56/sqft · 16% above area Est $60k · 16% over ↓ 5% since listing

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Rent growth +2.2/5.0
• ARV discount +0.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 Bed / 1 Bath in the Heart of Baton Rouge! Investor special with income-producing potential and just a little TLC needed. Perfect as a starter home, rental, or flip opportunity. Located in Flood Zone X--no flood insurance required! Roof is less than 5 years old, helping keep insurance costs low. Don't miss this great opportunity in a prime location!

Key facts

• 0.34 acre lot
• Garage
• Built 1960

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $66k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.1% 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.
• Market conditions: Rents soft (-1.2%/yr); 155 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• At $1,128/mo this rent would consume 53% of the median local household income ($25k/yr) (locally 1980% 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 (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k 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 (-3.0% appreciation + 0.0% rent growth), your $20k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 10y ago; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $65,790 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 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 1960 — 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. 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?
6. 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.
7. 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.
8. 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: 1.61% ✓
• Cap rate: 13.12%
• Cash-on-cash: 24.38%
• DSCR: 2.08
• GRM: 5.2

CMA / ARV

• ARV (median comp): $60,084
• List price: $69,990
• Delta: 16.49%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3825 Fairfields Ave	0.40mi	3/1.0	1,152 (-9%)	0mo	$125,000	$109	67
4366 Jefferson Ave	0.51mi	3/1.0	1,200 (-5%)	2mo	$49,900	$42	66
2236 Martin Ave	0.29mi	3/2.0	1,200 (-5%)	10mo	$140,000	$117	66
3691 Dalton St	0.37mi	4/1.0 (+1)	1,225 (-3%)	10mo	$52,500	$43	65
3335 N 38th St	0.61mi	3/1.0	1,275 (+1%)	6mo	$55,000	$43	65
3536 Beechwood Dr	0.71mi	3/1.5	1,288 (+2%)	2mo	$77,500	$60	59
4710 Osborne Ave	0.29mi	4/1.0 (+1)	1,391 (+10%)	6mo	$49,900	$36	59
3008 Seneca St	0.67mi	3/1.0	1,350 (+7%)	9mo	$64,900	$48	49
3135 Monroe Ave	0.61mi	2/1.0 (-1)	1,205 (-4%)	13mo	$70,000	$58	48
4714 Fairfields Ave	0.39mi	2/1.0 (-1)	1,100 (-13%)	12mo	$39,000	$35	45
1934 N 37th St	0.52mi	3/1.0	1,112 (-12%)	13mo	$149,900	$135	45
5124 Jean St	0.61mi	2/1.0 (-1)	1,100 (-13%)	12mo	$45,000	$41	35

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 14.2%
• Equity multiple: 1.55×
• Total profit: $10,731
• Equity at exit: $10,436

10-year hold

• IRR: 20.6%
• Equity multiple: 2.50×
• Total profit: $29,309
• Equity at exit: $6,051

Cash invested: $19,597 (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 70805

• Rents YoY: -1.2%
• Active inventory: 155
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,128 high
• Mortgage (P&I): −$367
• Tax from tax record: −$97 /mo · $1,164/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$237
• Net cashflow: $398

Break-even live

Break-even rent $624

Max offer price $69,990

Occupancy floor 60%

Sensitivity live

Price	-10% $438	-5% $418	+0% $398	+5% $378	+10% $358
Rent	-10% $309	-5% $354	+0% $398	+5% $443	+10% $487
Rate	-1.0pp $433	-0.5pp $416	base $398	+0.5pp $380	+1.0pp $362

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: $17,498
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2347 Rhodes Ave Baton Rouge, LA	2.0	1.0	1250	$950	$0.76	20d	1	0.20mi
3936 Dalton St Baton Rouge, LA	2.0	1.0	900	$750	$0.83	20d	1	0.25mi
3906 S Barrow Dr Baton Rouge, LA	3.0	2.0	1523	$1,295	$0.85	24d	1	0.50mi
3725 Winbourne Ave Baton Rouge, LA	4.0	1.5	1800	$1,495	$0.83	20d	1	0.56mi
3888 Charles St Baton Rouge, LA	3.0	2.0	1600	$1,500	$0.94	20d	1	0.69mi
3888 Charles St Baton Rouge, LA	3.0	2.0	1650	$1,425	$0.86	24d	1	0.69mi
3647 Mission Dr Baton Rouge, LA	3.0	1.0	900	$895	$0.99	24d	1	0.71mi
5212 Jackson Ave Baton Rouge, LA	4.0	2.0	1500	$1,650	$1.10	24d	1	0.71mi
3540 N Foster Dr Baton Rouge, LA	2.0	1.0	1000	$1,000	$1.00	24d	1	0.74mi
3567 Charles St Baton Rouge, LA	3.0	1.0	1400	$1,250	$0.89	44d	1	0.79mi
1348 N 37th St Baton Rouge, LA	3.0	1.0	1100	$1,200	$1.09	44d	1	0.84mi
1217 N 44th St Baton Rouge, LA	3.0	2.0	1028	$950	$0.92	24d	1	0.86mi
2645 Seneca St Baton Rouge, LA	3.0	2.0	1650	$1,550	$0.94	24d	1	0.87mi
1409 N 35th St Baton Rouge, LA	3.0	2.0	912	$750	$0.82	24d	1	0.88mi
3160 Wyandotte St Baton Rouge, LA	2.0	1.0	1100	$800	$0.73	44d	1	0.95mi
1201 N Foster Dr Baton Rouge, LA	1.0–3.0	1.0–3.0	1300	$1,688	$1.30	15d	31	0.97mi
4380 Mohican-Prescott Crossover Baton Rouge, LA	2.0	2.0	910	$1,055	$1.16	44d	1	0.99mi
1404 N 29th St Baton Rouge, LA	3.0	2.0	1120	$1,100	$0.98	44d	1	1.03mi
1305 N 30th St Baton Rouge, LA	2.0	1.0	1000	$900	$0.90	24d	1	1.05mi
1336 N 29th St Baton Rouge, LA	3.0	2.0	1400	$1,450	$1.04	15d	1	1.06mi
787 N 47th St Baton Rouge, LA	3.0	2.0	1000	$800	$0.80	24d	1	1.16mi
4236 Delaware St Baton Rouge, LA	3.0	2.0	1600	$1,500	$0.94	24d	1	1.16mi
532 Live Oak Blvd Unit 532 Baton Rouge, LA	3.0	2.0	1000	$1,200	$1.20	24d	1	1.31mi
1251 N Ardenwood Dr Baton Rouge, LA	1.0–3.0	1.0–2.0	923	$999	$1.08	44d	1	1.31mi
2654 Sheldon Dr Baton Rouge, LA	3.0	1.0	1400	$1,200	$0.86	24d	1	1.33mi
2606 Weller Ave Baton Rouge, LA	2.0	1.0	1000	$650	$0.65	44d	1	1.34mi
3566 North St Baton Rouge, LA	4.0	2.0	1117	$1,050	$0.94	22d	1	1.34mi
2933 Dayton St Baton Rouge, LA	4.0	2.0	1800	$1,350	$0.75	24d	1	1.38mi
2852 Dayton St Baton Rouge, LA	2.0	1.0	1020	$850	$0.83	24d	1	1.39mi
2121 Lobdell Blvd Unit H54 Baton Rouge, LA	3.0	2.0	950	$1,194	$1.26	15d	1	1.45mi
4743 Florida Blvd Baton Rouge, LA	2.0	1.0	947	$789	$0.83	15d	3	1.45mi
5350 Clayton Dr Baton Rouge, LA	3.0	1.0	1050	$850	$0.81	44d	1	1.47mi
5540 Clayton Ct Baton Rouge, LA	4.0	2.0	1500	$1,350	$0.90	20d	1	1.49mi

Listing history 36 events

1. 2026-06-18
   days on market $69,990 Active 69 DOM
2. 2026-06-17
   days on market $69,990 Active 68 DOM
3. 2026-06-16
   days on market $69,990 Active 67 DOM
4. 2026-06-15
   days on market $69,990 Active 66 DOM
5. 2026-06-14
   days on market $69,990 Active 64 DOM
6. 2026-06-10
   days on market $69,990 Active 61 DOM
7. 2026-06-09
   days on market $69,990 Active 60 DOM
8. 2026-06-08
   days on market $69,990 Active 59 DOM
9. 2026-06-07
   days on market $69,990 Active 58 DOM
10. 2026-06-05
    days on market $69,990 Active 55 DOM
11. 2026-06-03
    days on market $69,990 Active 54 DOM
12. 2026-06-02
    days on market $69,990 Active 53 DOM
13. 2026-06-01
    days on market $69,990 Active 52 DOM
14. 2026-05-31
    days on market $69,990 Active 51 DOM
15. 2026-05-31
    days on market $69,990 Active 50 DOM
16. 2026-05-11
    price $69,990 352-char remark

    Show marketing remark (363 chars)

    3 Bed / 1 Bath in the Heart of Baton Rouge! Investor special with income-producing potential and just a little TLC needed. Perfect as a starter home, rental, or flip opportunity. Located in Flood Zone X—no flood insurance required! Roof is less than 5 years old, helping keep insurance costs low. Don’t miss this great opportunity in a prime location!

17. 2026-05-11
    price $69,990 363-char remark

    Show marketing remark (363 chars)

    3 Bed / 1 Bath in the Heart of Baton Rouge! Investor special with income-producing potential and just a little TLC needed. Perfect as a starter home, rental, or flip opportunity. Located in Flood Zone X—no flood insurance required! Roof is less than 5 years old, helping keep insurance costs low. Don’t miss this great opportunity in a prime location!

18. 2026-04-10
    listed $80,000 Active 363-char remark

    Show marketing remark (352 chars)

    3 Bed / 1 Bath in the Heart of Baton Rouge! Investor special with income-producing potential and just a little TLC needed. Perfect as a starter home, rental, or flip opportunity. Located in Flood Zone X--no flood insurance required! Roof is less than 5 years old, helping keep insurance costs low. Don't miss this great opportunity in a prime location!

19. 2026-04-10
    listed $80,000 Active 352-char remark

    Show marketing remark (352 chars)

    3 Bed / 1 Bath in the Heart of Baton Rouge! Investor special with income-producing potential and just a little TLC needed. Perfect as a starter home, rental, or flip opportunity. Located in Flood Zone X--no flood insurance required! Roof is less than 5 years old, helping keep insurance costs low. Don't miss this great opportunity in a prime location!

20. 2022-01-03
    soldstatus $75,000
21. 2021-12-29
    soldstatus Sold
22. 2021-11-24
    status Pending
23. 2021-11-21
    status Active
24. 2021-11-16
    status Pending
25. 2021-11-10
    price $81,500
26. 2021-10-25
    price $85,000
27. 2021-09-18
    status Active
28. 2021-09-11
    status Pending
29. 2021-08-16
    listed $79,000 Active
30. 2021-08-16
    listed $81,500
31. 2017-02-25
    historical
32. 2016-12-09
    price $73,500
33. 2016-06-09
    listed $77,500 Active
34. 2016-06-09
    listed $73,500
35. 2001-03-30
    soldstatus
36. 1999-08-05
    soldstatus

ⓘ 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: $1,164 · $97/mo
• Projected year-2 tax: $1,164 · $97/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 19 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,539
• − Mortgage interest: −$3,921
• − Property taxes: −$1,164
• − Insurance: −$350
• − Repairs & maintenance: −$1,083
• − Management: −$1,083
• − Depreciation: −$2,036
• Taxable income: $3,902
• Est. tax owed @ 24.0%: −$937
• After-tax cash flow: $3,841/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): 23,288
• Household income: $25,397
• Rent vs Own: 59.5% rent · 40.5% own
• Severe rent burden: 1980.0

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 (95%)
• Race & ethnicity: Black 95% Hispanic / Latino 2% White 2% Two or more races 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

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: ▼ -110.79%
• Current HPI: 75.7121
• Rent YoY: ▼ -1.21%
• 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

-4.8% since first listed

21 events — show timeline

• 2026-05-11 Price Changed $69,990 AcadianaMLS
• 2026-05-11 Price Changed $69,990 GBRMLS
• 2026-04-10 Listed $80,000 GBRMLS
• 2026-04-10 Listed $80,000 AcadianaMLS
• 2022-01-03 Sold (Public Records) $75,000 Public Records
• 2021-12-29 Sold (MLS) — GBRMLS
• 2021-11-24 Pending — GBRMLS
• 2021-11-21 Relisted — GBRMLS
• 2021-11-16 Pending — GBRMLS
• 2021-11-10 Price Changed $81,500 GBRMLS
• 2021-10-25 Price Changed $85,000 GBRMLS
• 2021-09-18 Relisted — GBRMLS
• 2021-09-11 Pending — GBRMLS
• 2021-08-16 Listed $81,500 AcadianaMLS
• 2021-08-16 Listed $79,000 GBRMLS
• 2017-02-25 Delisted — GBRMLS
• 2016-12-09 Price Changed $73,500 GBRMLS
• 2016-06-09 Listed $77,500 GBRMLS
• 2016-06-09 Listed $73,500 AcadianaMLS
• 2001-03-30 Sold (Public Records) — Public Records
• 1999-08-05 Sold (Public Records) — Public Records

Property tax history

+25.2%/yr

Latest (2025): $1,164 · +4.7% YoY. Source: county tax records.