CashFlowRE
Sign in Sign up
423 W Cappel St
B- Composite 67.23
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

423 W Cappel St · Marksville, LA 71351
4 bd · 2.5 ba · 2,538 sqft · SingleFamily · 613 Days on market
Built 1957 0.50 ac lot ↓ 45% since listing

🖨 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

SPACIOUS FLOOR PLANBONUS DEN

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $70,136 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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. 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?
  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
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

5-year hold
IRR
20.4%
Equity multiple
1.83×
Total profit
$18,529
Equity at exit
$11,884
10-year hold
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
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

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

Break-even rent $667
Max offer price $79,700
Occupancy floor 57%

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

  1. 2026-06-19
    days on market $79,700 Active 613 DOM
  2. 2026-06-18
    days on market $79,700 Active 612 DOM
  3. 2026-06-17
    days on market $79,700 Active 611 DOM
  4. 2026-06-16
    days on market $79,700 Active 610 DOM
  5. 2026-06-15
    days on market $79,700 Active 609 DOM
  6. 2026-06-14
    days on market $79,700 Active 607 DOM
  7. 2026-06-13
    days on market $79,700 Active 606 DOM
  8. 2026-06-10
    days on market $79,700 Active 604 DOM
  9. 2026-06-09
    days on market $79,700 Active 603 DOM
  10. 2026-06-08
    days on market $79,700 Active 602 DOM
  11. 2026-06-07
    days on market $79,700 Active 601 DOM
  12. 2026-06-03
    days on market $79,700 Active 597 DOM
  13. 2026-06-02
    days on market $79,700 Active 596 DOM
  14. 2026-06-01
    days on market $79,700 Active 595 DOM
  15. 2026-05-31
    days on market $79,700 Active 594 DOM
  16. 2026-05-30
    days on market $79,700 Active 593 DOM
  17. 2026-03-25
    status Active
  18. 2026-03-18
    status Pending
  19. 2025-11-24
    price $79,700
  20. 2025-04-02
    price $84,700
  21. 2025-01-20
    price $89,700
  22. 2024-09-17
    listed $94,700 Active
  23. 2023-08-08
    listed $125,000
  24. 2021-09-23
    listed $165,000
  25. 2017-07-18
    soldstatus $135,500
  26. 2017-01-14
    listed $145,000
  27. 2004-02-02
    soldstatus
  28. 2004-02-02
    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
$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
combined federal + state — saved on this device
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

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

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

Price history

-45.0% since first listed
12 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%/yr

Latest (2025): $905 · -3.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…