5836 Heidel Ave · Baton Rouge, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +2.4/10.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$49,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Great investment opportunity. Schedule your tour today
Key facts
- 8,712 sq ft lot
- Built 1920
- Listed 11 days
Property features AI
Exterior
- Parking: No dedicated parking
- Utilities: Public water; Public sewer
- Home design: Detached single-family residence; Single-story
- Construction: Brick construction; Slab foundation
- Exterior features: Lot in Brookstown subdivision; Lot dimensions approximately 95 x 203
Interior
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Central air conditioning
- Interior features: Central heating and cooling
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $50k.
Deal economics
- At list price, monthly cash flow is $802 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $50k).
- Cap rate 25.6% 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; 22 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 $1,394/mo this rent would consume 66% 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 $345 of loan paydown is wiped out by about $1k 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 $14k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
- 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.
Risks & watch-outs
- Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 2.79% ✓
- Cap rate
- 25.59%
- Cash-on-cash
- 68.90%
- DSCR
- 4.07
- GRM
- 3.0
CMA / ARV
- ARV (median comp)
- $126,211
- List price
- $49,900
- Delta
- -60.46%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3745 Cathedral Dr | 0.35mi | 4/2.0 | 1,680 (+2%) | 14mo | $164,950 | $98 | 69 |
| 5635 Clayton Ct | 0.34mi | 4/2.0 | 1,649 (-0%) | 22mo | $45,000 | $27 | 66 |
| 3555 Eleanor Dr | 0.53mi | 3/2.0 (-1) | 1,660 (+1%) | 5mo | $195,000 | $117 | 65 |
| 5425 Howell Park Ave | 0.29mi | 3/3.0 (-1) | 1,700 (+3%) | 13mo | $160,000 | $94 | 61 |
| 3045 Voss Dr | 0.69mi | 3/1.5 (-1) | 1,650 (0%) | 7mo | $17,900 | $11 | 55 |
| 5318 Sherwood St | 0.39mi | 3/2.0 (-1) | 1,866 (+13%) | 3mo | $239,900 | $129 | 52 |
| 6136 Linden St | 0.21mi | 3/2.0 (-1) | 1,867 (+13%) | 16mo | $189,900 | $102 | 50 |
| 6034 Clayton Dr | 0.35mi | 3/1.0 (-1) | 1,423 (-14%) | 11mo | $42,000 | $30 | 42 |
| 3115 Garnet Dr | 0.63mi | 3/2.0 (-1) | 1,453 (-12%) | 5mo | $160,000 | $110 | 42 |
| 5313 Sycamore St | 0.67mi | 3/2.0 (-1) | 1,850 (+12%) | 14mo | $158,000 | $85 | 32 |
| 4624 Winnebago St | 0.74mi | 3/2.0 (-1) | 1,500 (-9%) | 16mo | $148,500 | $99 | 32 |
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
- IRR
- 65.0%
- Equity multiple
- 3.79×
- Total profit
- $38,917
- Equity at exit
- $7,440
- IRR
- 68.5%
- Equity multiple
- 7.00×
- Total profit
- $83,866
- Equity at exit
- $4,314
Cash invested: $13,972 (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
ZIP-level market 70805
- Rents YoY
- -1.2%
- Active inventory
- 155
- Price-to-rent
- 3.0×
Monthly cashflow live
- Estimated rent
- $1,394 high interval (Pro) →
- Mortgage (P&I)
- −$262
- Tax from tax record
- −$16 /mo · $196/yr
- Insurance
- −$21
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$293
- Net cashflow
- $802
Break-even live
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
- $12,475
- Closing costs
- $1,497
- 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 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5540 Clayton Ct Baton Rouge, LA | 4.0 | 2.0 | 1500 | $1,350 | $0.90 | 19d | 1 | 0.35mi |
| 5350 Clayton Dr Baton Rouge, LA | 3.0 | 1.0 | 1050 | $850 | $0.81 | 44d | 1 | 0.45mi |
| 3068 Elgin St Baton Rouge, LA | 5.0 | 3.0 | 2200 | $1,550 | $0.70 | 23d | 1 | 0.71mi |
| 5423 Banyan Trace Dr Baton Rouge, LA | 4.0 | 2.0 | 1469 | $1,300 | $0.88 | 23d | 1 | 0.82mi |
| 5315 McClelland Dr Baton Rouge, LA | 3.0 | 2.0 | 1369 | $1,000 | $0.73 | 23d | 1 | 0.85mi |
| 3225 Victoria Dr Baton Rouge, LA | 1.0–3.0 | 1.0–3.0 | 1062 | $1,289 | $1.21 | 14d | 18 | 0.92mi |
| 5553 Banyan Ct Baton Rouge, LA | 4.0 | 2.0 | 1459 | $1,350 | $0.93 | 23d | 1 | 0.98mi |
| 2654 Sheldon Dr Baton Rouge, LA | 3.0 | 1.0 | 1400 | $1,200 | $0.86 | 23d | 1 | 1.01mi |
| 4236 Delaware St Baton Rouge, LA | 3.0 | 2.0 | 1600 | $1,500 | $0.94 | 23d | 1 | 1.10mi |
| 3835 Sherwood St Baton Rouge, LA | 5.0 | 2.0 | 1615 | $1,850 | $1.15 | 44d | 1 | 1.16mi |
| 3835 Sherwood St Baton Rouge, LA | 5.0 | 2.0 | 1615 | $1,850 | $1.15 | 23d | 1 | 1.16mi |
| 3888 Charles St Baton Rouge, LA | 3.0 | 2.0 | 1600 | $1,500 | $0.94 | 19d | 1 | 1.17mi |
| 3888 Charles St Baton Rouge, LA | 3.0 | 2.0 | 1650 | $1,425 | $0.86 | 23d | 1 | 1.17mi |
| 5255 Astoria Dr Baton Rouge, LA | 3.0 | 2.0 | 1463 | $1,295 | $0.89 | 44d | 1 | 1.20mi |
| 4963 Greenwell St Baton Rouge, LA | 3.0 | 2.0 | 1400 | $1,500 | $1.07 | 23d | 1 | 1.26mi |
| 5115 Woodlawn Ave Baton Rouge, LA | 4.0 | 2.0 | 1789 | $1,550 | $0.87 | 14d | 1 | 1.28mi |
| 7745 S Maribel Ct Baton Rouge, LA | 3.0 | 2.0 | 1682 | $1,500 | $0.89 | 44d | 1 | 1.28mi |
| 7745 S Maribel Ct Baton Rouge, LA | 3.0 | 2.0 | 1682 | $1,500 | $0.89 | 21d | 1 | 1.28mi |
| 3725 Winbourne Ave Baton Rouge, LA | 4.0 | 1.5 | 1800 | $1,495 | $0.83 | 19d | 1 | 1.31mi |
| 3725 Winbourne Ave Baton Rouge, LA | 4.0 | 2.0 | 1900 | $1,550 | $0.82 | 44d | 1 | 1.31mi |
| 3567 Charles St Baton Rouge, LA | 3.0 | 1.0 | 1400 | $1,250 | $0.89 | 44d | 1 | 1.35mi |
| 5212 Jackson Ave Baton Rouge, LA | 4.0 | 2.0 | 1500 | $1,650 | $1.10 | 23d | 1 | 1.35mi |
Listing history 5 events
-
2026-05-12status Pending 54-char remark
Show marketing remark (54 chars)
Great investment opportunity. Schedule your tour today
-
2026-05-12status Pending 54-char remark
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Great investment opportunity. Schedule your tour today
-
2026-05-01$49,900 Active 54-char remark
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Great investment opportunity. Schedule your tour today
-
2026-05-01$49,900 Active 54-char remark
Show marketing remark (54 chars)
Great investment opportunity. Schedule your tour today
-
1992-09-18soldstatus
ⓘ 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
- $196 · $16/mo
- Projected year-2 tax
- $274 · $23/mo
- Expected delta
- +$78/yr (+$7/mo · 39.8%)
ⓘ 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $16,725
- − Mortgage interest
- −$2,795
- − Property taxes
- −$196
- − Insurance
- −$250
- − Repairs & maintenance
- −$1,338
- − Management
- −$1,338
- − Depreciation
- −$1,452
- Taxable income
- $9,356
- Est. tax owed @ 24.0%
- −$2,246
- After-tax cash flow
- $7,381/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
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
- 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 |
|
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| Wholesale / Distribution | 1 | $5B |
|
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| Advertising | 1 | $2B |
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Price history
+0.0% since first listed5 events — show timeline
- 2026-05-12 Pending — AcadianaMLS
- 2026-05-12 Pending — GBRMLS
- 2026-05-01 Listed $49,900 GBRMLS
- 2026-05-01 Listed $49,900 AcadianaMLS
- 1992-09-18 Sold (Public Records) — Public Records
Property tax history
+23.0%/yrLatest (2025): $196 · +4.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…