915 Mckinley St · Jennings, LA 70546

$79,999

3 bd · 1.0 ba · 1,126 sqft · SingleFamily · 318 Days on market

Built 1980 0.25 ac lot $71/sqft · 16% below area Est $95k · 16% under

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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
• ARV discount +14.5/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Seize the chance to own a home that perfectly combines cozy comfort with delightful character, situated in a welcoming community. This charming property features a harmonious blend of brick and wood exterior, nestled beneath the shade of mature trees. The front porch provides a serene spot for relaxation and friendly conversations with neighbors. The expansive front yard invites outdoor activities and leisurely days in the shade. Inside, the residence boasts rustic charm with wood paneling and durable vinyl flooring setting the stage for a comfortable living environment. The open-concept living and dining area, bathed in natural light, offers a flexible space suitable for family gatherings, entertainment, or a peaceful retreat. The kitchen is equipped for culinary adventures, featuring ample cabinetry and a layout conducive to cooking and engaging conversations. Each bedroom is a cozy haven, offering personal space with picturesque views of the lush outdoors. The bathrooms provide practical fixtures and await your creative touch to transform them into luxurious retreats. Venture into the generous backyard, a blank canvas ready for gardening enthusiasts or those looking to create their private outdoor sanctuary. This property is not just a home but a space where you can dream, create, and grow. Currently utilized as a rental and requiring 24-hour notice for showings due to tenant occupancy, this home includes an updated roof and HVAC system. Appliances are owned by the renter, and the home is priced to sell in its current condition. Ideal for homeowners and investors alike, particularly those looking for a rental opportunity. Don't miss out on this gem. Schedule your showing today and discover the potential and promise of this delightful property.

Key facts

• Ample cabinetry
• Front porch
• Updated roof

Tags

• BRICK AND WOOD EXTERIOR
• FRONT PORCH
• EXPANSIVE FRONT YARD
• AMPLE CABINETRY
• GENEROUS BACKYARD
• UPDATED ROOF

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $444 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).
• Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.0% vs local median 6.2% in Jennings — 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 61/100 on livability (#228 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B; Watch: crime F, amenities F, commute F.
• Jefferson Davis Parish (town): math 30% / reading 42% proficiency, ranked #33 of 98 in LA (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 119 active listings in the ZIP; 69 units permitted in Jefferson Davis Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Jefferson Davis County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 318 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• 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 $70,399 (12.0% below list)

Questions for the listing agent

1. It's been on market 318 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.51% ✓
• Cap rate: 12.95%
• Cash-on-cash: 23.79%
• DSCR: 2.06
• GRM: 5.5

CMA / ARV

• ARV (median comp): $94,678
• List price: $79,999
• Delta: -15.50%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
203 N Craig St	0.34mi	3/2.0	1,266 (+12%)	7mo	$97,000	$77	54
519 Zigler St	0.60mi	3/1.0	1,025 (-9%)	10mo	$67,500	$66	48
1014 W Academy Ave	0.55mi	2/2.0 (-1)	1,178 (+5%)	16mo	$108,000	$92	44

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: 16.9%
• Equity multiple: 1.68×
• Total profit: $15,307
• Equity at exit: $11,928

10-year hold

• IRR: 25.5%
• Equity multiple: 3.22×
• Total profit: $49,712
• Equity at exit: $6,917

Cash invested: $22,400 (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 70546

• Home prices YoY: -31.7%
• Active inventory: 119
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,210 medium
• Mortgage (P&I): −$420
• Tax from tax record: −$59 /mo · $706/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $444

Break-even live

Break-even rent $648

Max offer price $79,999

Occupancy floor 58%

Sensitivity live

Price	-10% $489	-5% $467	+0% $444	+5% $421	+10% $399
Rent	-10% $348	-5% $396	+0% $444	+5% $492	+10% $540
Rate	-1.0pp $484	-0.5pp $464	base $444	+0.5pp $423	+1.0pp $402

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: $20,000
• Closing costs: $2,400
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-19
   days on market $79,999 Active 318 DOM
2. 2026-06-18
   days on market $79,999 Active 317 DOM
3. 2026-06-17
   days on market $79,999 Active 316 DOM
4. 2026-06-16
   days on market $79,999 Active 315 DOM
5. 2026-06-15
   days on market $79,999 Active 314 DOM
6. 2026-06-14
   days on market $79,999 Active 312 DOM
7. 2026-06-13
   days on market $79,999 Active 311 DOM
8. 2026-06-10
   days on market $79,999 Active 309 DOM
9. 2026-06-09
   days on market $79,999 Active 308 DOM
10. 2026-06-08
    days on market $79,999 Active 307 DOM
11. 2026-06-07
    days on market $79,999 Active 306 DOM
12. 2026-06-02
    days on market $79,999 Active 301 DOM
13. 2026-06-01
    days on market $79,999 Active 300 DOM
14. 2026-05-31
    days on market $79,999 Active 299 DOM
15. 2026-05-30
    days on market $79,999 Active 298 DOM
16. 2024-04-04
    listed $79,999 Active 1776-char remark

    Show marketing remark (1776 chars)

    Seize the chance to own a home that perfectly combines cozy comfort with delightful character, situated in a welcoming community. This charming property features a harmonious blend of brick and wood exterior, nestled beneath the shade of mature trees. The front porch provides a serene spot for relaxation and friendly conversations with neighbors. The expansive front yard invites outdoor activities and leisurely days in the shade. Inside, the residence boasts rustic charm with wood paneling and durable vinyl flooring setting the stage for a comfortable living environment. The open-concept living and dining area, bathed in natural light, offers a flexible space suitable for family gatherings, entertainment, or a peaceful retreat. The kitchen is equipped for culinary adventures, featuring ample cabinetry and a layout conducive to cooking and engaging conversations. Each bedroom is a cozy haven, offering personal space with picturesque views of the lush outdoors. The bathrooms provide practical fixtures and await your creative touch to transform them into luxurious retreats. Venture into the generous backyard, a blank canvas ready for gardening enthusiasts or those looking to create their private outdoor sanctuary. This property is not just a home but a space where you can dream, create, and grow. Currently utilized as a rental and requiring 24-hour notice for showings due to tenant occupancy, this home includes an updated roof and HVAC system. Appliances are owned by the renter, and the home is priced to sell in its current condition. Ideal for homeowners and investors alike, particularly those looking for a rental opportunity. Don't miss out on this gem. Schedule your showing today and discover the potential and promise of this delightful property.

ⓘ 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: $706 · $59/mo
• Projected year-2 tax: $706 · $59/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 9/10 Extreme 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,516
• − Mortgage interest: −$4,481
• − Property taxes: −$706
• − Insurance: −$400
• − Repairs & maintenance: −$1,161
• − Management: −$1,161
• − Depreciation: −$2,327
• Taxable income: $4,279
• Est. tax owed @ 24.0%: −$1,027
• After-tax cash flow: $4,301/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: Jefferson Davis Parish
• NCES district ID: 2200810
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 42% ▼ -33.00%
• Median HH income: $40,322
• Composite: 30.21/100
• National rank: #6302
• State rank: #33 of 98 in LA

Livability — Jennings

• Score: 61/100
• State rank: #228
• US rank: #17390

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jennings, LA
• Population (ZIP): 15,821

Population outlook (Jefferson Davis County) Hauer SSP2

• Today (2025): 31,015 people
• By 2030: 30,563 · -1.5%
• By 2040: 29,639 · -4.4%
• By 2050: 28,456 · -8.3%
• By 2075: 25,521 · -17.7%
• By 2100: 21,787 · -29.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 15% Two or more races 8% Hispanic / Latino 3%
• Common ancestry: Lithuanian 14% Italian 1% Slovak 1%
• Foreign-born: 1% · Canada, Vietnam
• Languages at home: 92% English-only · French/Haitian/Cajun 6% Spanish 2%

Political lean MEDSL · Jefferson Davis

• 2024 margin: Solid R (+61.1) · D 18.8% · R 79.9% · Other 1.3%
• 2008→2024 swing: -21.5pp toward R · 2008: -39.7pp · 2024: -61.1pp
• All cycles: 2024: R+61.1 2020: R+55.4 2016: R+53.9 2012: R+47.6 2008: R+39.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.56%
• Current HPI: 147.6391
• 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

1 event — show timeline

• 2024-04-04 Listed $79,999 SWLAR

Property tax history

+2.2%/yr

Latest (2025): $706 · +0.3% YoY. Source: county tax records.