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40183 Hastings Ct
D Composite 40.04
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 +11.2/30.0
  • ARV discount +10.0/15.0
  • Condition / age +4.0/5.0
  • 1% rule +3.5/10.0
  • Livability +3.5/5.0
  • DSCR +3.3/10.0
  • Rent growth +2.7/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$296,900

40183 Hastings Ct · Hammond, LA 70454
4 bd · 2.0 ba · 2,045 sqft · SingleFamily · 56 Days on market
Built 2026 Good condition 7,448 sqft lot $145/sqft · 6% below area Est $314k · 6% under $53/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America's Smart Home(r) with our HOME IS CONNECTED(r) base package, giving you the ability to control key features of your home--such as lighting, thermostat, and door locks--right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal--all on one level. Whether you're growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today's new homebuyers.

Key facts

  • Open concept living
  • Large center island
  • Covered patio

Tags

COVERED PATIOOPEN CONCEPT LIVINGLARGE CENTER ISLANDWALK IN PANTRYDEDICATED LAUNDRY ROOMSTAINLESS STEEL APPLIANCES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $297k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-114 ($-1k/yr) — negative.
  • To cash-flow at today's rent, offer at most $280k (5.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (15.1% below list).
  • Recommended offer: $252k (15.1% 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+, schools D.
  • 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.
  • Market conditions: Rents flat; 527 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
  • This rent runs 42% 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 56 days — a 3% lower offer ($288k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $251,990 (15.1% 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 56 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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
0.85%
Cap rate
5.83%
Cash-on-cash
-1.65%
DSCR
0.93
GRM
9.8

CMA / ARV

ARV (median comp)
$314,200
List price
$296,900
Delta
-5.51%
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
40183 Hastings Ct 0.00mi 4/2.0 2,045 (0%) 1mo $288,900 $141 99
24399 Arrowhead Rd 0.15mi 5/3.0 (+1) 2,016 (-1%) 6mo $306,110 $152 77
40343 Cypress Reserve Blvd 0.42mi 4/2.0 2,079 (+2%) 1mo $260,000 $125 76
24279 Gadwall Ave 0.00mi 4/2.0 1,819 (-11%) 8mo $285,000 $157 75
40223 Arrowhead Rd 0.04mi 4/2.0 1,819 (-11%) 9mo $285,000 $157 73
24209 Water Tupelo Rd 0.55mi 4/2.0 2,079 (+2%) 7mo $250,000 $120 66
42322 Landing View Rd 0.56mi 4/2.0 1,957 (-4%) 2mo $249,900 $128 65
24359 Dawson Ct 0.43mi 4/2.0 1,857 (-9%) 4mo $208,000 $112 62
40262 Sedgwick Ln 0.73mi 4/2.0 2,099 (+3%) 8mo $245,000 $117 55
40327 Sedgwick Ln 0.62mi 4/2.0 1,829 (-11%) 1mo $250,000 $137 53
40189 Cypress Reserve Blvd 0.71mi 4/3.0 2,101 (+3%) 8mo $299,000 $142 52
42376 Landing View Rd 0.51mi 4/2.0 2,346 (+15%) 5mo $275,000 $117 48

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
-21.7%
Equity multiple
0.26×
Total profit
$-61,104
Equity at exit
$44,269
10-year hold
IRR
-22.5%
Equity multiple
-0.02×
Total profit
$-84,978
Equity at exit
$25,670

Cash invested: $83,132 (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.

ZIP-level market 70454

Rents YoY
0.7%
Active inventory
527
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$2,520 medium interval (Pro) →
Mortgage (P&I)
$1,557
Tax est. 1.5%
$371 /mo · $4,454/yr
Insurance
$124
HOA
$53
Vacancy / Maint / Mgmt
$529
Net cashflow
$-114

Break-even live

Break-even rent $2,664
Max offer price $280,391
Occupancy floor 100%

Sensitivity live

Price -10% $91 -5% $-11 +0% $-114 +5% $-217 +10% $-319
Rent -10% $-313 -5% $-214 +0% $-114 +5% $-15 +10% $85
Rate -1.0pp $35 -0.5pp $-39 base $-114 +0.5pp $-191 +1.0pp $-269

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
$74,225
Closing costs
$8,907
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
40531 Cypress Reserve Blvd Ponchatoula, LA 4.0 2.5 2597 $2,750 $1.06 44d 1 0.09mi
41095 Mersanger Rd Ponchatoula, LA 3.0 2.0 1510 $1,950 $1.29 44d 1 0.46mi
39638 Big Branch Dr Ponchatoula, LA 4.0 3.5 2978 $2,400 $0.81 44d 1 0.89mi

HOA detail

Monthly dues
$53 · $636/yr
Likely covers
security

Listing history 6 events

  1. 2026-05-07
    status Pending 2476-char remark
    Show marketing remark (2524 chars)

    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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America’s Smart Home® with our HOME IS CONNECTED® base package, giving you the ability to control key features of your home—such as lighting, thermostat, and door locks—right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal—all on one level. Whether you’re growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today’s new homebuyers.

  2. 2026-05-07
    status Pending 2524-char remark
    Show marketing remark (2524 chars)

    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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America’s Smart Home® with our HOME IS CONNECTED® base package, giving you the ability to control key features of your home—such as lighting, thermostat, and door locks—right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal—all on one level. Whether you’re growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today’s new homebuyers.

  3. 2026-04-09
    price $296,900 2476-char remark
    Show marketing remark (2524 chars)

    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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America’s Smart Home® with our HOME IS CONNECTED® base package, giving you the ability to control key features of your home—such as lighting, thermostat, and door locks—right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal—all on one level. Whether you’re growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today’s new homebuyers.

  4. 2026-04-09
    price $296,900 2524-char remark
    Show marketing remark (2524 chars)

    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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America’s Smart Home® with our HOME IS CONNECTED® base package, giving you the ability to control key features of your home—such as lighting, thermostat, and door locks—right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal—all on one level. Whether you’re growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today’s new homebuyers.

  5. 2026-03-12
    listed $297,900 Active 2476-char remark
    Show marketing remark (2524 chars)

    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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America’s Smart Home® with our HOME IS CONNECTED® base package, giving you the ability to control key features of your home—such as lighting, thermostat, and door locks—right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal—all on one level. Whether you’re growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today’s new homebuyers.

  6. 2026-03-12
    listed $297,900 Active 2524-char remark
    Show marketing remark (2524 chars)

    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 2,058 sq ft. The Ledoux is perfect for homebuyers seeking open-concept living, modern finishes, and everyday functionality in Cypress Reserve, Ponchatoula, 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. Three additional secondary bedrooms are located toward the front of the home, along with a full second bathroom, providing flexible space for family members, guests, home offices, or hobby rooms. Every Ledoux home also includes America’s Smart Home® with our HOME IS CONNECTED® base package, giving you the ability to control key features of your home—such as lighting, thermostat, and door locks—right from your smartphone or smart device. This built-in technology adds convenience, security, and peace of mind to your everyday living. With its generous room sizes, open flow, modern finishes, and smart home features, The Ledoux offers comfort, versatility, and timeless appeal—all on one level. Whether you’re growing your household, working from home, or simply looking for a well-designed new home, The Ledoux delivers exceptional value and livability in Ponchatoula, La. Explore The Ledoux today and discover why this spacious, smart, single-story floor plan is a favorite among today’s new homebuyers.

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$30,239
− Mortgage interest
−$16,631
− Property taxes
−$4,454
− Insurance
−$1,484
− Repairs & maintenance
−$2,419
− Management
−$2,419
− HOA
−$636
− Depreciation
−$8,637
Taxable loss
−$6,442
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,546
After-tax cash flow
$177/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 · 8 photos

Good 80/100 None rehab

This single-story new construction home in Cypress Reserve, Ponchatoula, LA, is in excellent condition with modern finishes and open-concept living. It's move-in ready and offers a great value for homebuyers seeking a new home in a desirable location.

Value-add opportunities

  • Resale Painting the exterior brick — Enhances curb appeal and can add value
  • Resale Landscaping the front yard — Improves curb appeal and enhances home's aesthetic
  • Both Adding a smart home system — Enhances home's functionality and can increase its market value

Renovation cost estimate screening

Value-add ROI direction

  • Resale Painting the exterior brick — Enhances curb appeal and can add value
  • Resale Landscaping the front yard — Improves curb appeal and enhances home's aesthetic
  • Both Adding a smart home system — Enhances home's functionality and can increase its market value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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
51,394
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

Price history

-0.3% since first listed
6 events — show timeline
  • 2026-05-07 Pending AcadianaMLS
  • 2026-05-07 Pending GSREIN
  • 2026-04-09 Price Changed $296,900 AcadianaMLS
  • 2026-04-09 Price Changed $296,900 GSREIN
  • 2026-03-12 Listed $297,900 GSREIN
  • 2026-03-12 Listed $297,900 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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