30700 Blue Wing Cres · Springfield, LA 70462

$204,900

2 bd · 2.0 ba · 1,268 sqft · SingleFamily · 4 Days on market

Built 2007 $162/sqft · 5% below area Est $216k · 5% under $83/mo HOA · 5% of rent

---

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 +14.2/30.0
• Appreciation +10.0/10.0
• ARV discount +9.8/15.0
• DSCR +4.3/10.0
• Schools +4.0/10.0
• 1% rule +3.8/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Tucked in the sought-after community of Carter Plantation, this beautifully updated home offers serene golf course living with direct views of the 17th hole. Thoughtfully renovated in 2016, the interior features durable wood-look tile flooring throughout, blending style and functionality. The kitchen is outfitted with sleek quartz countertops, providing a modern touch for both everyday living and entertaining. Step outside to a covered back patio to enjoy quiet mornings or relaxing evenings while taking in the picturesque surroundings. Some of the amenities are a championship golf course, fitness center, community pool, pickle ball courts, and on-site dining This property delivers a seamless combination of comfort, quality upgrades, and prime location.

Key facts

• Quartz countertops
• Renovated in 2016
• Covered back patio

Tags

• DIRECT VIEWS OF THE 8TH HOLE
• RENOVATED IN 2016
• WOOD-LOOK TILE FLOORING
• QUARTZ COUNTERTOPS
• COVERED BACK PATIO
• CHAMPIONSHIP GOLF COURSE

Property features AI

Finance

• HOA & community: Homeowners association with an annual fee of $1,000; Community features include golf, golf course community, and pool

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Single-story; Remodeled after 2016 flood
• Construction: Brick and stucco exterior; Shingle roof; Slab foundation; Excellent condition
• Exterior features: Concrete covered patio; Community pool; Property located on a golf course; Outside city limits

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator; Granite counters; Pantry
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Attic; Ceiling fan(s); Granite counters; Pantry; Pull-down attic stairs
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $205k.

Deal economics

• At list price, monthly cash flow is $-90 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $189k (7.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (11.5% below list).
• Recommended offer: $181k (11.5% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.4% in Springfield — 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 62/100 on livability (#218 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools B+; Watch: employment C-, health & safety C-, crime F.
• Livingston Parish (suburban): math 40% / reading 52% proficiency, ranked #13 of 98 in LA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 214 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).

Forward outlook

• In year one you build about $22k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
• Livingston County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 8y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $181,263 (11.5% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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. 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: 6.50%
• Cash-on-cash: 0.74%
• DSCR: 1.03
• GRM: 9.4

CMA / ARV

• ARV (median comp): $215,950
• List price: $204,900
• Delta: -5.12%
• Verdict: FAIR
• Comps: 20 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
30704 Blue Wing Cres	0.01mi	2/2.0	1,258 (-1%)	19mo	$173,000	$138	83

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.0%
• Equity multiple: 2.85×
• Total profit: $105,959
• Equity at exit: $184,590

10-year hold

• IRR: 20.5%
• Equity multiple: 6.52×
• Total profit: $316,719
• Equity at exit: $398,076

Cash invested: $57,372 (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 70462

• Active inventory: 214
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,813 medium
• Mortgage (P&I): −$1,075
• Tax from tax record: −$154 /mo · $1,846/yr
• Insurance: −$85
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$83
• Vacancy / Maint / Mgmt: −$381
• Net cashflow: $-90

Break-even live

Break-even rent $1,926

Max offer price $189,014

Occupancy floor 100%

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: $51,225
• Closing costs: $6,147
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
23318 Fairway Gardens Ct Springfield, LA	3.0	2.0	1607	$2,000	$1.24	23d	1	0.29mi
23950 Coats Rd Springfield, LA	2.0	1.0	1154	$1,200	$1.04	14d	1	1.08mi

HOA detail

• Monthly dues: $83 · $996/yr
• Likely covers: poolgym

Listing history 20 events

1. 2026-05-07
   status Pending 762-char remark

   Show marketing remark (762 chars)

   Tucked in the sought-after community of Carter Plantation, this beautifully updated home offers serene golf course living with direct views of the 17th hole. Thoughtfully renovated in 2016, the interior features durable wood-look tile flooring throughout, blending style and functionality. The kitchen is outfitted with sleek quartz countertops, providing a modern touch for both everyday living and entertaining. Step outside to a covered back patio to enjoy quiet mornings or relaxing evenings while taking in the picturesque surroundings. Some of the amenities are a championship golf course, fitness center, community pool, pickle ball courts, and on-site dining This property delivers a seamless combination of comfort, quality upgrades, and prime location.

2. 2026-05-07
   status Pending 763-char remark

   Show marketing remark (762 chars)

   Tucked in the sought-after community of Carter Plantation, this beautifully updated home offers serene golf course living with direct views of the 17th hole. Thoughtfully renovated in 2016, the interior features durable wood-look tile flooring throughout, blending style and functionality. The kitchen is outfitted with sleek quartz countertops, providing a modern touch for both everyday living and entertaining. Step outside to a covered back patio to enjoy quiet mornings or relaxing evenings while taking in the picturesque surroundings. Some of the amenities are a championship golf course, fitness center, community pool, pickle ball courts, and on-site dining This property delivers a seamless combination of comfort, quality upgrades, and prime location.

3. 2026-05-01
   listed $204,900 Active 762-char remark

   Show marketing remark (762 chars)

   Tucked in the sought-after community of Carter Plantation, this beautifully updated home offers serene golf course living with direct views of the 17th hole. Thoughtfully renovated in 2016, the interior features durable wood-look tile flooring throughout, blending style and functionality. The kitchen is outfitted with sleek quartz countertops, providing a modern touch for both everyday living and entertaining. Step outside to a covered back patio to enjoy quiet mornings or relaxing evenings while taking in the picturesque surroundings. Some of the amenities are a championship golf course, fitness center, community pool, pickle ball courts, and on-site dining This property delivers a seamless combination of comfort, quality upgrades, and prime location.

4. 2026-05-01
   listed $204,900 Active 763-char remark

   Show marketing remark (762 chars)

   Tucked in the sought-after community of Carter Plantation, this beautifully updated home offers serene golf course living with direct views of the 17th hole. Thoughtfully renovated in 2016, the interior features durable wood-look tile flooring throughout, blending style and functionality. The kitchen is outfitted with sleek quartz countertops, providing a modern touch for both everyday living and entertaining. Step outside to a covered back patio to enjoy quiet mornings or relaxing evenings while taking in the picturesque surroundings. Some of the amenities are a championship golf course, fitness center, community pool, pickle ball courts, and on-site dining This property delivers a seamless combination of comfort, quality upgrades, and prime location.

5. 2019-11-18
   soldstatus $155,000
6. 2019-11-15
   soldstatus Sold
7. 2019-11-15
   soldstatus $155,000 Closed
8. 2019-10-10
   status Pending
9. 2019-10-09
   status Pending
10. 2019-09-03
    price $160,000
11. 2019-09-03
    listed $160,000
12. 2019-09-01
    price $160,000
13. 2019-06-24
    price $165,000
14. 2019-06-21
    listed $165,000 Active
15. 2019-06-21
    listed $160,000
16. 2019-03-03
    listed $160,000
17. 2019-03-03
    listed $172,500 Active
18. 2018-10-30
    price $172,500
19. 2018-08-30
    listed $172,500
20. 2007-09-24
    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: $1,846 · $154/mo
• Projected year-2 tax: $1,846 · $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 7/10 Severe FEMA zone A · 78% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,752
• − Mortgage interest: −$11,478
• − Property taxes: −$1,846
• − Insurance: −$2,527
• − Repairs & maintenance: −$1,740
• − Management: −$1,740
• − HOA: −$996
• − Depreciation: −$5,961
• Taxable loss: −$4,536
• Est. tax savings @ 24.0%: +$1,089
• After-tax cash flow: $9/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: Livingston Parish
• NCES district ID: 2201020
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 52% ▼ -32.00%
• Median HH income: $56,755
• Composite: 40.07/100
• National rank: #3811
• State rank: #13 of 98 in LA

Livability — Springfield

• Score: 62/100
• State rank: #218
• US rank: #16782

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 5,428

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 158,511 people
• By 2030: 168,241 · +6.1%
• By 2040: 186,252 · +17.5%
• By 2050: 201,516 · +27.1%
• By 2075: 231,217 · +45.9%
• By 2100: 241,697 · +52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Black 9% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 15% Slovak 2%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 2%

Political lean MEDSL · Livingston

• 2024 margin: Solid R (+68.5) · D 15.1% · R 83.6% · Other 1.3%
• 2008→2024 swing: +3.4pp toward D · 2008: -71.9pp · 2024: -68.5pp
• All cycles: 2024: R+68.5 2020: R+70.0 2016: R+72.5 2012: R+70.4 2008: R+71.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 115.93%
• Current HPI: 389.85
• Rent YoY: —
• Metro: —
• 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

+15.9% since first listed

23 events — show timeline

• 2026-05-28 Sold (Public Records) $200,000 Public Records
• 2026-05-28 Sold (MLS) $200,000 GSREIN
• 2026-05-28 Sold (MLS) $200,000 AcadianaMLS
• 2026-05-07 Pending — AcadianaMLS
• 2026-05-07 Pending — GSREIN
• 2026-05-01 Listed $204,900 GSREIN
• 2026-05-01 Listed $204,900 AcadianaMLS
• 2019-11-18 Sold (Public Records) $155,000 Public Records
• 2019-11-15 Sold (MLS) $155,000 GSREIN
• 2019-11-15 Sold (MLS) — GBRMLS
• 2019-10-10 Pending — GSREIN
• 2019-10-09 Pending — GBRMLS
• 2019-09-03 Price Changed $160,000 GBRMLS
• 2019-09-03 Listed $160,000 AcadianaMLS
• 2019-09-01 Price Changed $160,000 GSREIN
• 2019-06-24 Price Changed $165,000 GSREIN
• 2019-06-21 Listed $160,000 AcadianaMLS
• 2019-06-21 Listed $165,000 GBRMLS
• 2019-03-03 Listed $172,500 GSREIN
• 2019-03-03 Listed $160,000 AcadianaMLS
• 2018-10-30 Price Changed $172,500 GSREIN
• 2018-08-30 Listed $172,500 AcadianaMLS
• 2007-09-24 Sold (Public Records) — Public Records

Property tax history

-0.3%/yr

Latest (2024): $1,846 · +3.8% YoY. Source: county tax records.