423 W Cappel St · Marksville, LA
Flood risk 4/10 · Minor
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.24%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 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 +2.6/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$79,700
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
GREAT NEW PRICE AND GREAT FLIP POTENTIAL! Wonderful fixer-upper to bring back original charm. This home has a great location right off Main Street in Marksville on Dead End Street. The home has a spacious floor plan with 4 bedrooms, 2 full baths, 2,538 hsf bonus den, and tons of storage. In need of repairs, motivated Seller bring offers!
Key facts
- Spacious floor plan
- Bonus den
- 0.5 acre lot
Tags
Property features AI
Finance
- Other: Directions: Take Hwy 1, left on S Main Street then left on W Cappel; house at dead end of street (Bounding Streets: Borrell)
Exterior
- Parking: Attached parking
- Utilities: Electric service: Entergy
- Home design: Single family residence
- Construction: Brick construction; Composition roof
- Exterior features: Composition roof; Brick construction
Interior
- Bathrooms: 2 full bathrooms; 1 half bathroom
- Heating & cooling: Central heating; Central air with multiple units
- Interior features: Living room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath single-family listed at $80k.
Deal economics
- At list price, monthly cash flow is $494 ($6k/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 13.7% vs local median 6.5% in Marksville — 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 52/100 on livability (#415 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: health & safety C-, schools D, crime F.
- Avoyelles Parish (rural): math 22% / reading 30% proficiency, ranked #56 of 98 in LA (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 75 active listings in the ZIP; 15 units permitted in Avoyelles Parish in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $551 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Avoyelles County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 613 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 9y ago; this cycle's ask has dropped $15k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1957 — 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
- It's been on market 613 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 1.62% ✓
- Cap rate
- 13.73%
- Cash-on-cash
- 26.54%
- DSCR
- 2.18
- GRM
- 5.1
CMA / ARV
- ARV (on-the-fly)
- $261,414
- Comps found
- 2
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 661 Juneau Ave | 0.29mi | 3/2.0 (-1) | 2,360 (-7%) | 1mo | $242,000 | $103 | 67 |
| 148 & 146 Laurel St | 0.50mi | 3/2.0 (-1) | 2,161 (-15%) | 3mo | $55,000 | $25 | 42 |
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
- IRR
- 20.4%
- Equity multiple
- 1.83×
- Total profit
- $18,529
- Equity at exit
- $11,884
- IRR
- 28.6%
- Equity multiple
- 3.54×
- Total profit
- $56,636
- Equity at exit
- $6,891
Cash invested: $22,316 (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 71351
- Active inventory
- 75
- Price-to-rent
- 5.1×
Monthly cashflow live
- Estimated rent
- $1,291 medium interval (Pro) →
- Mortgage (P&I)
- −$418
- Tax from tax record
- −$75 /mo · $905/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$271
- Net cashflow
- $494
Break-even live
Sensitivity live
| Price | -10% $539 | -5% $516 | +0% $494 | +5% $471 | +10% $449 |
|---|---|---|---|---|---|
| Rent | -10% $392 | -5% $443 | +0% $494 | +5% $545 | +10% $596 |
| Rate | -1.0pp $534 | -0.5pp $514 | base $494 | +0.5pp $473 | +1.0pp $452 |
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
- $19,925
- Closing costs
- $2,391
- 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.
Listing history 28 events
-
2026-06-19days on market $79,700 Active 613 DOM
-
2026-06-18days on market $79,700 Active 612 DOM
-
2026-06-17days on market $79,700 Active 611 DOM
-
2026-06-16days on market $79,700 Active 610 DOM
-
2026-06-15days on market $79,700 Active 609 DOM
-
2026-06-14days on market $79,700 Active 607 DOM
-
2026-06-13days on market $79,700 Active 606 DOM
-
2026-06-10days on market $79,700 Active 604 DOM
-
2026-06-09days on market $79,700 Active 603 DOM
-
2026-06-08days on market $79,700 Active 602 DOM
-
2026-06-07days on market $79,700 Active 601 DOM
-
2026-06-03days on market $79,700 Active 597 DOM
-
2026-06-02days on market $79,700 Active 596 DOM
-
2026-06-01days on market $79,700 Active 595 DOM
-
2026-05-31days on market $79,700 Active 594 DOM
-
2026-05-30days on market $79,700 Active 593 DOM
-
2026-03-25status Active
-
2026-03-18status Pending
-
2025-11-24price $79,700
-
2025-04-02price $84,700
-
2025-01-20price $89,700
-
2024-09-17$94,700 Active
-
2023-08-08$125,000
-
2021-09-23$165,000
-
2017-07-18soldstatus $135,500
-
2017-01-14$145,000
-
2004-02-02soldstatus
-
2004-02-02soldstatus
ⓘ 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
- $905 · $75/mo
- Projected year-2 tax
- $905 · $75/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 4/10 Moderate FEMA zone X · 24% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 8/10 Severe 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
- Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $15,497
- − Mortgage interest
- −$4,464
- − Property taxes
- −$905
- − Insurance
- −$398
- − Repairs & maintenance
- −$1,240
- − Management
- −$1,240
- − Depreciation
- −$2,319
- Taxable income
- $4,931
- Est. tax owed @ 24.0%
- −$1,183
- After-tax cash flow
- $4,740/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
- Avoyelles Parish
- NCES district ID
- 2200150
- Math proficiency
- 22% ▼ -32.00%
- Reading proficiency
- 30% ▼ -29.00%
- Median HH income
- $33,891
- Composite
- 21.32/100
- National rank
- #8378
- State rank
- #56 of 98 in LA
Livability — Marksville
- Score
- 52/100
- State rank
- #415
- US rank
- #25114
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Marksville, LA
- Population (ZIP)
- 11,494
Population outlook (Avoyelles County) Hauer SSP2
- Today (2025)
- 39,084 people
- By 2030
- 37,784 · -3.3%
- By 2040
- 35,049 · -10.3%
- By 2050
- 32,225 · -17.5%
- By 2075
- 25,695 · -34.3%
- By 2100
- 18,985 · -51.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (62%)
- Race & ethnicity
- White 62% Black 25% Two or more races 8% Hispanic / Latino 2% Native American 2% Asian 1%
- Common ancestry
- Lithuanian 22% Iranian 1%
- Foreign-born
- 2% · Canada, China, Vietnam
- Languages at home
- 91% English-only · French/Haitian/Cajun 7% Spanish 1% Chinese 1%
Political lean MEDSL · Avoyelles
- 2024 margin
- Solid R (+43.1) · D 27.8% · R 71.0% · Other 1.2%
- 2008→2024 swing
- -20.1pp toward R · 2008: -23.1pp · 2024: -43.1pp
- All cycles
- 2024: R+43.1 2020: R+40.8 2016: R+37.0 2012: R+27.0 2008: R+23.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -66.16%
- Current HPI
- 95.5318
- 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 |
|
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Price history
-45.0% since first listed12 events — show timeline
- 2026-03-25 Relisted — AcadianaMLS
- 2026-03-18 Pending — AcadianaMLS
- 2025-11-24 Price Changed $79,700 AcadianaMLS
- 2025-04-02 Price Changed $84,700 AcadianaMLS
- 2025-01-20 Price Changed $89,700 AcadianaMLS
- 2024-09-17 Listed $94,700 AcadianaMLS
- 2023-08-08 Listed $125,000 AcadianaMLS
- 2021-09-23 Listed $165,000 AcadianaMLS
- 2017-07-18 Sold (Public Records) $135,500 Public Records
- 2017-01-14 Listed $145,000 AcadianaMLS
- 2004-02-02 Sold (Public Records) — Public Records
- 2004-02-02 Sold (Public Records) — Public Records
Property tax history
+5.9%/yrLatest (2025): $905 · -3.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…