1620 Cambridge Dr · Laplace, LA 70068

$215,000

4 bd · 2.0 ba · 2,226 sqft · SingleFamily · 112 Days on market

Built 1984 6,499 sqft lot Est $238k · 10% under

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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 +16.2/30.0
• ARV discount +11.9/15.0
• DSCR +5.0/10.0
• 1% rule +3.8/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover the charm of 1620 Cambridge Drive--a lovingly updated 4-bed, 2-bath home in the heart of LaPlace. From the moment you arrive, the new roof with copper-tone gutters and fresh exterior paint make a beautiful first impression. Inside, the home feels bright and welcoming with new tile floors, double-insulated windows, and a cozy stone fireplace in the living room. The kitchen shines with brand-new appliances, and the enclosed, climate-controlled sunroom offers the perfect spot for relaxing, entertaining, or enjoying morning coffee. The fenced backyard provides privacy, while the curved driveway and long side driveway offer plenty of parking for guests, boats, or extra vehicles. This home blends comfort, style, and thoughtful updates--anyone looking for a move-in-ready place to call home.

Key facts

• New tile floors
• Cozy stone fireplace
• Copper-tone gutters

Tags

• NEW ROOF
• COPPER-TONE GUTTERS
• FRESH EXTERIOR PAINT
• NEW TILE FLOORS
• DOUBLE-INSULATED WINDOWS
• COZY STONE FIREPLACE

Property features AI

Finance

• Other: Green features include energy-efficient lighting and windows; City lot (rectangular, approximately 60 x 100)

Exterior

• Parking: Off-street parking; Driveway; Three or more parking spaces
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Single-story; Excellent condition; Has home warranty; Slab foundation
• Construction: Brick construction; Shingle roof; Built with slab foundation
• Exterior features: Fenced yard; Permeable paving; Brick patio/porch

Interior

• Kitchen: Dishwasher; Range; Refrigerator; Pantry; Granite counters
• Bedrooms: Listing includes bedrooms (room level not specified)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Carbon monoxide detector; Cathedral and vaulted ceilings; Granite counters; Pantry; High ceilings
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $49 ($591/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (12.5% below list).
• Recommended offer: $188k (12.5% below list) — sets the bar for 1% rule.
• Cap rate 6.9% vs local median 4.8% in Laplace — 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 70/100 on livability (#61 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• St. John The Baptist Parish (suburban): math 13% / reading 25% proficiency, ranked #68 of 98 in LA (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 180 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 61 units permitted in St. John the Baptist Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($68k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• St. John the Baptist County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 26y ago 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.
• Current owner paid $108k; list at $215k implies a 99% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $188,148 (12.5% below list)

Questions for the listing agent

1. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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: 0.88% ✗
• Cap rate: 6.94%
• Cash-on-cash: 2.31%
• DSCR: 1.10
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $238,182
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
441 Greenwood Dr	0.50mi	4/2.5	2,168 (-3%)	3mo	$232,000	$107	68
1717 Lafitte Dr	0.38mi	3/2.0 (-1)	2,187 (-2%)	13mo	$220,000	$101	64
1216 Madewood Dr	0.49mi	4/2.5	2,171 (-2%)	10mo	$240,000	$111	62
1500 Madewood Rd	0.42mi	4/2.5	2,090 (-6%)	10mo	$230,000	$110	60
500 Rienzi Dr	0.40mi	3/2.5 (-1)	2,132 (-4%)	12mo	$224,000	$105	57
137 Nolan Dr	0.59mi	3/2.0 (-1)	2,214 (-0%)	12mo	$250,000	$113	57
2112 Cambridge Dr	0.39mi	4/2.0	2,036 (-8%)	15mo	$180,000	$88	55
1705 Ridgefield Dr	0.66mi	4/2.0	2,112 (-5%)	9mo	$111,099	$53	53
1409 Ridgefield Dr	0.67mi	3/2.0 (-1)	2,288 (+3%)	8mo	$155,000	$68	52
203 Tuscany Dr	0.41mi	3/2.5 (-1)	1,901 (-15%)	6mo	$295,000	$155	45
404 Lacour Dr	0.69mi	5/2.0 (+1)	1,900 (-15%)	2mo	$128,000	$67	36
412 Fairway Dr	0.64mi	4/3.0	1,931 (-13%)	9mo	$235,000	$122	36

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: -14.7%
• Equity multiple: 0.47×
• Total profit: $-31,703
• Equity at exit: $32,057

10-year hold

• IRR: -6.1%
• Equity multiple: 0.61×
• Total profit: $-23,572
• Equity at exit: $18,589

Cash invested: $60,200 (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 70068

• Home prices YoY: -20.1%
• Active inventory: 180
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $1,881 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$154 /mo · $1,843/yr
• Insurance: −$90
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $49

Break-even live

Break-even rent $1,819

Max offer price $215,000

Occupancy floor 92%

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1716 Yorktowne Dr Laplace, LA	4.0	1.0	1509	$1,500	$0.99	23d	1	0.14mi

Listing history 33 events

1. 2026-06-19
   days on market $215,000 Active 112 DOM
2. 2026-06-18
   days on market $215,000 Active 111 DOM
3. 2026-06-17
   days on market $215,000 Active 110 DOM
4. 2026-06-16
   days on market $215,000 Active 109 DOM
5. 2026-06-15
   days on market $215,000 Active 108 DOM
6. 2026-06-14
   days on market $215,000 Active 106 DOM
7. 2026-06-13
   days on market $215,000 Active 105 DOM
8. 2026-06-10
   days on market $215,000 Active 103 DOM
9. 2026-06-09
   days on market $215,000 Active 102 DOM
10. 2026-06-08
    days on market $215,000 Active 101 DOM
11. 2026-06-07
    days on market $215,000 Active 100 DOM
12. 2026-06-02
    days on market $215,000 Active 95 DOM
13. 2026-06-01
    days on market $215,000 Active 94 DOM
14. 2026-05-31
    days on market $215,000 Active 93 DOM
15. 2026-05-30
    days on market $215,000 Active 92 DOM
16. 2026-04-09
    status Pending 803-char remark

    Show marketing remark (803 chars)

    Discover the charm of 1620 Cambridge Drive--a lovingly updated 4-bed, 2-bath home in the heart of LaPlace. From the moment you arrive, the new roof with copper-tone gutters and fresh exterior paint make a beautiful first impression. Inside, the home feels bright and welcoming with new tile floors, double-insulated windows, and a cozy stone fireplace in the living room. The kitchen shines with brand-new appliances, and the enclosed, climate-controlled sunroom offers the perfect spot for relaxing, entertaining, or enjoying morning coffee. The fenced backyard provides privacy, while the curved driveway and long side driveway offer plenty of parking for guests, boats, or extra vehicles. This home blends comfort, style, and thoughtful updates--anyone looking for a move-in-ready place to call home.

17. 2026-04-09
    historical Active Under Contract

    Show marketing remark (803 chars)

    Discover the charm of 1620 Cambridge Drive--a lovingly updated 4-bed, 2-bath home in the heart of LaPlace. From the moment you arrive, the new roof with copper-tone gutters and fresh exterior paint make a beautiful first impression. Inside, the home feels bright and welcoming with new tile floors, double-insulated windows, and a cozy stone fireplace in the living room. The kitchen shines with brand-new appliances, and the enclosed, climate-controlled sunroom offers the perfect spot for relaxing, entertaining, or enjoying morning coffee. The fenced backyard provides privacy, while the curved driveway and long side driveway offer plenty of parking for guests, boats, or extra vehicles. This home blends comfort, style, and thoughtful updates--anyone looking for a move-in-ready place to call home.

18. 2026-02-25
    listed $215,000 Active 803-char remark

    Show marketing remark (803 chars)

    Discover the charm of 1620 Cambridge Drive--a lovingly updated 4-bed, 2-bath home in the heart of LaPlace. From the moment you arrive, the new roof with copper-tone gutters and fresh exterior paint make a beautiful first impression. Inside, the home feels bright and welcoming with new tile floors, double-insulated windows, and a cozy stone fireplace in the living room. The kitchen shines with brand-new appliances, and the enclosed, climate-controlled sunroom offers the perfect spot for relaxing, entertaining, or enjoying morning coffee. The fenced backyard provides privacy, while the curved driveway and long side driveway offer plenty of parking for guests, boats, or extra vehicles. This home blends comfort, style, and thoughtful updates--anyone looking for a move-in-ready place to call home.

19. 2026-02-25
    listed $215,000 Active

    Show marketing remark (803 chars)

    Discover the charm of 1620 Cambridge Drive--a lovingly updated 4-bed, 2-bath home in the heart of LaPlace. From the moment you arrive, the new roof with copper-tone gutters and fresh exterior paint make a beautiful first impression. Inside, the home feels bright and welcoming with new tile floors, double-insulated windows, and a cozy stone fireplace in the living room. The kitchen shines with brand-new appliances, and the enclosed, climate-controlled sunroom offers the perfect spot for relaxing, entertaining, or enjoying morning coffee. The fenced backyard provides privacy, while the curved driveway and long side driveway offer plenty of parking for guests, boats, or extra vehicles. This home blends comfort, style, and thoughtful updates--anyone looking for a move-in-ready place to call home.

20. 2026-01-29
    soldstatus $108,000 Closed 636-char remark

    Show marketing remark (636 chars)

    BANK OWNED. BANK HAD A NEW ROOF PUT ON IN OCTOBER 2024. WELL KEPT HOME, 4 BEDS 2 BATHS, GRANITE COUNTERS, SUNROOM, STONE FIREPLACE, RUSTIC LOOK. (Bank will not turn on utilities for inspections, Bank will not pay for buyers title policy) This property is now active in an online auction. All offers must be submitted through the property’s listing page on www. auction.com. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. https://www. auction.com/details/1620-cambtidfge-dr-la-place-la-1686758

21. 2026-01-29
    soldstatus $108,000 Sold

    Show marketing remark (636 chars)

    BANK OWNED. BANK HAD A NEW ROOF PUT ON IN OCTOBER 2024. WELL KEPT HOME, 4 BEDS 2 BATHS, GRANITE COUNTERS, SUNROOM, STONE FIREPLACE, RUSTIC LOOK. (Bank will not turn on utilities for inspections, Bank will not pay for buyers title policy) This property is now active in an online auction. All offers must be submitted through the property’s listing page on www. auction.com. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. https://www. auction.com/details/1620-cambtidfge-dr-la-place-la-1686758

22. 2026-01-16
    historical Active Under Contract 636-char remark

    Show marketing remark (636 chars)

    BANK OWNED. BANK HAD A NEW ROOF PUT ON IN OCTOBER 2024. WELL KEPT HOME, 4 BEDS 2 BATHS, GRANITE COUNTERS, SUNROOM, STONE FIREPLACE, RUSTIC LOOK. (Bank will not turn on utilities for inspections, Bank will not pay for buyers title policy) This property is now active in an online auction. All offers must be submitted through the property’s listing page on www. auction.com. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. https://www. auction.com/details/1620-cambtidfge-dr-la-place-la-1686758

23. 2025-12-15
    listed $119,900 Active 636-char remark

    Show marketing remark (636 chars)

    BANK OWNED. BANK HAD A NEW ROOF PUT ON IN OCTOBER 2024. WELL KEPT HOME, 4 BEDS 2 BATHS, GRANITE COUNTERS, SUNROOM, STONE FIREPLACE, RUSTIC LOOK. (Bank will not turn on utilities for inspections, Bank will not pay for buyers title policy) This property is now active in an online auction. All offers must be submitted through the property’s listing page on www. auction.com. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. https://www. auction.com/details/1620-cambtidfge-dr-la-place-la-1686758

24. 2025-12-15
    listed $119,900 Active

    Show marketing remark (636 chars)

    BANK OWNED. BANK HAD A NEW ROOF PUT ON IN OCTOBER 2024. WELL KEPT HOME, 4 BEDS 2 BATHS, GRANITE COUNTERS, SUNROOM, STONE FIREPLACE, RUSTIC LOOK. (Bank will not turn on utilities for inspections, Bank will not pay for buyers title policy) This property is now active in an online auction. All offers must be submitted through the property’s listing page on www. auction.com. The sale will be subject to a 5% buyer’s premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. https://www. auction.com/details/1620-cambtidfge-dr-la-place-la-1686758

25. 2025-06-06
    listed $155,000 Active
26. 2024-11-15
    listed $185,000 Active
27. 2021-02-05
    soldstatus $157,000 Closed
28. 2021-01-19
    status Pending
29. 2020-12-14
    listed $157,000
30. 2020-12-14
    listed $157,000 Active
31. 2000-12-08
    soldstatus $86,000
32. 2000-10-10
    listed $87,200
33. 2000-10-10
    listed $87,200

ⓘ 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: $1,843 · $154/mo
• Projected year-2 tax: $1,843 · $154/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 8/10 Severe FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,578
• − Mortgage interest: −$12,043
• − Property taxes: −$1,843
• − Insurance: −$1,872
• − Repairs & maintenance: −$1,806
• − Management: −$1,806
• − Depreciation: −$6,255
• Taxable loss: −$3,048
• Est. tax savings @ 24.0%: +$732
• After-tax cash flow: $1,323/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: St. John The Baptist Parish
• NCES district ID: 2201530
• Math proficiency: 13% ▼ -42.00%
• Reading proficiency: 25% ▼ -39.00%
• Median HH income: $50,280
• Composite: 17.07/100
• National rank: #9120
• State rank: #68 of 98 in LA

Livability — Laplace

• Score: 70/100
• State rank: #61
• US rank: #7898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Laplace, LA
• County: Saint John the Baptist Parish · 32,720 people
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 32,720
• Household income: $68,459
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 750.0

Population outlook (St. John the Baptist County) Hauer SSP2

• Today (2025): 40,972 people
• By 2030: 39,295 · -4.1%
• By 2040: 35,902 · -12.4%
• By 2050: 32,988 · -19.5%
• By 2075: 28,661 · -30.0%
• By 2100: 26,456 · -35.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 51% White 34% Hispanic / Latino 9% Two or more races 5% Asian 1%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Lithuanian 11%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 6% Tagalog/Filipino 1%

Political lean MEDSL · St. John the Baptist

• 2024 margin: Strong D (+29.1) · D 64.0% · R 34.8% · Other 1.2%
• 2008→2024 swing: +12.9pp toward D · 2008: 16.2pp · 2024: 29.1pp
• All cycles: 2024: D+29.1 2020: D+28.2 2016: D+24.5 2012: D+26.3 2008: D+16.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.04%
• Current HPI: 239.1429
• Rent YoY: —
• Metro: New Orleans-Metairie, 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

+146.6% since first listed

18 events — show timeline

• 2026-04-09 Pending — AcadianaMLS
• 2026-04-09 Contingent — GSREIN
• 2026-02-25 Listed $215,000 GSREIN
• 2026-02-25 Listed $215,000 AcadianaMLS
• 2026-01-29 Sold (MLS) $108,000 AcadianaMLS
• 2026-01-29 Sold (MLS) $108,000 GSREIN
• 2026-01-16 Contingent — GSREIN
• 2025-12-15 Listed $119,900 AcadianaMLS
• 2025-12-15 Listed $119,900 GSREIN
• 2025-06-06 Listed $155,000 AcadianaMLS
• 2024-11-15 Listed $185,000 AcadianaMLS
• 2021-02-05 Sold (MLS) $157,000 GSREIN
• 2021-01-19 Pending — GSREIN
• 2020-12-14 Listed $157,000 GSREIN
• 2020-12-14 Listed $157,000 AcadianaMLS
• 2000-12-08 Sold (MLS) $86,000 GSREIN
• 2000-10-10 Listed $87,200 AcadianaMLS
• 2000-10-10 Listed $87,200 GSREIN

Property tax history

+4.2%/yr

Latest (2025): $1,843 · +0.1% YoY. Source: county tax records.