18410 Lakefield Ave · Old Jefferson, LA 70817

$254,900

3 bd · 2.0 ba · 1,521 sqft · SingleFamily public records · 55 Days on market

Built 1992 10,454 sqft lot $168/sqft · 11% below area Est $283k · 10% under $13/mo HOA · 1% of rent ↓ 3% since listing

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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 +19.5/30.0
• ARV discount +11.9/15.0
• DSCR +6.2/10.0
• 1% rule +4.4/10.0
• Livability +3.7/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful and well maintained 3BR/2BA home sits on landscaped corner lot in Azalea Lakes! This home is light and bright and features an open floor plan with fireplace in living room. Wood laminate flooring flows from the living room through the kitchen! The kitchen has an island, range/oven, dishwasher, lots of cabinets and cabinetry, and a large picture windows in the breakfast area. The master bedroom has a spacious walk-in closet and an ensuite bath with double vanities, garden tub/shower combo. New carpet in bedrooms. Great location and you will enjoy the beautiful lake in this subdivision!

Key facts

• Open floor plan
• Island in kitchen
• 0.24 acre lot

Tags

• LANDSCAPED CORNER LOT
• OPEN FLOOR PLAN
• FIREPLACE IN LIVING ROOM
• ISLAND IN KITCHEN
• LARGE PICTURE WINDOWS
• SPACIOUS WALK-IN CLOSET

Property features AI

Finance

• Other: Located in the Azalea Lakes subdivision; Directions: Jefferson Hwy to Hoo Shoo Too, right on Lake Indigo, right on Lakefield
• HOA & community: Homeowners association with an annual fee of $150 (about $12.50/month); Association includes cable TV

Exterior

• Parking: 2 total parking spaces; Carport with 2 spaces
• Utilities: Public water; Public sewer
• Home design: Single-family detached home; One story
• Construction: Frame and brick construction; Shingle roof; Slab foundation; Built recently (year built not provided)
• Exterior features: Front porch; Corner lot

Interior

• Kitchen: Range; Oven; Dishwasher
• Flooring: Tile; Carpet; Ceramic tile; Laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Walk-in closets; Fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $255k.

Deal economics

• At list price, monthly cash flow is $292 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $240k (5.8% below list).
• Recommended offer: $240k (5.8% below list) — sets the bar for 1% rule.
• Cap rate 7.7% vs local median 4.4% in Old Jefferson — 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 73/100 on livability (#36 in LA) — a middle-class / working-renter tenant base. Strengths: schools A+, housing A+, employment A; Watch: amenities F, commute F.
• 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 rising (+2.0%/yr); 360 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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.

Negotiation context

• It's been on market 55 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
• 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

• Climate carrying-cost: 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 $240,121 (5.8% below list)

Questions for the listing agent

1. It's been on market 55 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-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?
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: 0.94% ✗
• Cap rate: 7.67%
• Cash-on-cash: 4.90%
• DSCR: 1.22
• GRM: 8.8

CMA / ARV

• ARV (median comp): $282,861
• List price: $254,900
• Delta: -9.89%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18482 Lake Iris Ave	0.07mi	3/2.5	1,546 (+2%)	5mo	$220,000	$142	88
18544 Lake Iris Ave	0.11mi	3/2.0	1,598 (+5%)	4mo	$298,000	$186	83
18553 Lake Iris Ave	0.14mi	3/2.0	1,635 (+8%)	2mo	$294,000	$180	80
18377 Three Bars Dr	0.36mi	3/2.0	1,536 (+1%)	4mo	$260,000	$169	78
18345 Lake Myrtle Dr	0.30mi	3/2.0	1,590 (+4%)	2mo	$275,000	$173	77
18421 Doc Olena Dr	0.41mi	3/2.0	1,578 (+4%)	1mo	$269,500	$171	74
18440 Three Bars Dr	0.37mi	3/2.0	1,623 (+7%)	1mo	$285,000	$176	71
17715 Doc Bar Ave	0.48mi	3/2.0	1,653 (+9%)	1mo	$300,000	$181	62
17741 Willow Trail Dr	0.70mi	3/2.0	1,569 (+3%)	1mo	$289,000	$184	61
17535 Lake Willow Ave	0.73mi	3/2.0	1,637 (+8%)	3mo	$289,900	$177	51
17742 La Grange Ct	0.57mi	3/2.0	1,733 (+14%)	4mo	$250,000	$144	46
17755 Ridge Park Ave	0.70mi	3/2.0	1,726 (+14%)	4mo	$279,500	$162	41

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 · 2.05% rent growth · sell at horizon

5-year hold

• IRR: -9.7%
• Equity multiple: 0.65×
• Total profit: $-25,072
• Equity at exit: $38,006

10-year hold

• IRR: -1.6%
• Equity multiple: 0.90×
• Total profit: $-7,321
• Equity at exit: $22,039

Cash invested: $71,372 (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 70817

• Rents YoY: 2.0%
• Active inventory: 360
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $2,401 high
• Mortgage (P&I): −$1,337
• Tax from tax record: −$150 /mo · $1,794/yr
• Insurance: −$106
• HOA: −$13
• Vacancy / Maint / Mgmt: −$504
• Net cashflow: $292

Break-even live

Break-even rent $2,032

Max offer price $254,900

Occupancy floor 83%

Sensitivity live

Price	-10% $436	-5% $364	+0% $292	+5% $219	+10% $147
Rent	-10% $102	-5% $197	+0% $292	+5% $386	+10% $481
Rate	-1.0pp $420	-0.5pp $356	base $292	+0.5pp $225	+1.0pp $158

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: $63,725
• Closing costs: $7,647
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
18482 Lake Iris Ave Baton Rouge, LA	3.0	2.0	1580	$2,895	$1.83	19d	1	0.09mi
18585 Lakefield Ave Baton Rouge, LA	3.0	2.0	1616	$2,100	$1.30	19d	1	0.18mi
17950 Airline Hwy Prairieville, LA	1.0–3.0	1.0–2.0	964	$1,850	$1.92	14d	15	0.99mi
10028 Savannah Jane Ln Baton Rouge, LA	4.0	2.0	1870	$2,250	$1.20	19d	1	1.04mi
10028 Savannah Jane Ln Baton Rouge, LA	4.0	2.0	1870	$2,250	$1.20	44d	1	1.04mi
20122 Leandor Isle Ave Baton Rouge, LA	3.0	2.0	1463	$1,850	$1.26	14d	1	1.10mi
16632 Highland Club Ave Baton Rouge, LA	3.0	2.5	2076	$2,400	$1.16	44d	1	1.17mi
18606 Perkins Oak Rd Prairieville, LA	3.0	2.0	1540	$2,150	$1.40	14d	1	1.27mi
18596 White Oak Dr Prairieville, LA	3.0	2.0	1867	$2,150	$1.15	14d	1	1.33mi

HOA detail

• Monthly dues: $13 · $156/yr

Listing history 20 events

1. 2026-06-18
   status $254,900 Pending 55 DOM
2. 2026-06-17
   days on market $254,900 Active 55 DOM

   Show marketing remark (601 chars)

   Beautiful and well maintained 3BR/2BA home sits on landscaped corner lot in Azalea Lakes! This home is light and bright and features an open floor plan with fireplace in living room. Wood laminate flooring flows from the living room through the kitchen! The kitchen has an island, range/oven, dishwasher, lots of cabinets and cabinetry, and a large picture windows in the breakfast area. The master bedroom has a spacious walk-in closet and an ensuite bath with double vanities, garden tub/shower combo. New carpet in bedrooms. Great location and you will enjoy the beautiful lake in this subdivision!

3. 2026-06-16
   days on market $254,900 Active 54 DOM
4. 2026-06-15
   days on market $254,900 Active 53 DOM
5. 2026-06-14
   days on market $254,900 Active 51 DOM
6. 2026-06-10
   days on market $254,900 Active 48 DOM
7. 2026-06-09
   days on market $254,900 Active 47 DOM
8. 2026-06-09
   price $254,900 Active 46 DOM
9. 2026-06-08
   days on market $262,000 Active 46 DOM

   Show marketing remark (601 chars)

   Beautiful and well maintained 3BR/2BA home sits on landscaped corner lot in Azalea Lakes! This home is light and bright and features an open floor plan with fireplace in living room. Wood laminate flooring flows from the living room through the kitchen! The kitchen has an island, range/oven, dishwasher, lots of cabinets and cabinetry, and a large picture windows in the breakfast area. The master bedroom has a spacious walk-in closet and an ensuite bath with double vanities, garden tub/shower combo. New carpet in bedrooms. Great location and you will enjoy the beautiful lake in this subdivision!

10. 2026-06-07
    days on market $262,000 Active 45 DOM
11. 2026-06-05
    days on market $262,000 Active 42 DOM
12. 2026-06-03
    days on market $262,000 Active 41 DOM
13. 2026-06-03
    remarks 603-char remark
14. 2026-06-02
    days on market $262,000 Active 40 DOM
15. 2026-06-01
    days on market $262,000 Active 39 DOM
16. 2026-05-31
    days on market $262,000 Active 38 DOM
17. 2026-05-31
    days on market $262,000 Active 37 DOM
18. 2026-04-23
    listed $262,000 Active 579-char remark

    Show marketing remark (601 chars)

    Beautiful and well maintained 3BR/2BA home sits on landscaped corner lot in Azalea Lakes! This home is light and bright and features an open floor plan with fireplace in living room. Wood laminate flooring flows from the living room through the kitchen! The kitchen has an island, range/oven, dishwasher, lots of cabinets and cabinetry, and a large picture windows in the breakfast area. The master bedroom has a spacious walk-in closet and an ensuite bath with double vanities, garden tub/shower combo. New carpet in bedrooms. Great location and you will enjoy the beautiful lake in this subdivision!

19. 2026-04-23
    listed $262,000 Active 577-char remark

    Show marketing remark (601 chars)

    Beautiful and well maintained 3BR/2BA home sits on landscaped corner lot in Azalea Lakes! This home is light and bright and features an open floor plan with fireplace in living room. Wood laminate flooring flows from the living room through the kitchen! The kitchen has an island, range/oven, dishwasher, lots of cabinets and cabinetry, and a large picture windows in the breakfast area. The master bedroom has a spacious walk-in closet and an ensuite bath with double vanities, garden tub/shower combo. New carpet in bedrooms. Great location and you will enjoy the beautiful lake in this subdivision!

20. 1997-08-14
    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: $1,794 · $150/mo
• Projected year-2 tax: $1,794 · $150/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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,815
• − Mortgage interest: −$14,278
• − Property taxes: −$1,794
• − Insurance: −$1,274
• − Repairs & maintenance: −$2,305
• − Management: −$2,305
• − HOA: −$156
• − Depreciation: −$7,415
• Taxable loss: −$714
• Est. tax savings @ 24.0%: +$171
• After-tax cash flow: $3,669/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 — Old Jefferson

• Score: 73/100
• State rank: #36
• US rank: #5501

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: East Baton Rouge Parish · 399,686 people
• Metro: Baton Rouge, LA
• Population (ZIP): 33,482
• Household income: $102,639
• Rent vs Own: 20.0% rent · 80.0% own
• Severe rent burden: 755.0

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: Majority White (64%)
• Race & ethnicity: White 64% Black 21% Two or more races 9% Hispanic / Latino 5% Asian 3%
• Common ancestry: Lithuanian 13% Italian 2% Serbian 2%
• Foreign-born: 6% · Canada, Vietnam, China
• Languages at home: 91% English-only · Spanish 3% Arabic 1% Vietnamese 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: ▼ -149.27%
• Current HPI: 170.6826
• Rent YoY: ▲ 2.05%
• 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
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-2.7% since first listed

7 events — show timeline

• 2026-06-17 Pending — AcadianaMLS
• 2026-06-17 Pending — GBRMLS
• 2026-06-08 Price Changed $254,900 AcadianaMLS
• 2026-06-08 Price Changed $254,900 GBRMLS
• 2026-04-23 Listed $262,000 GBRMLS
• 2026-04-23 Listed $262,000 AcadianaMLS
• 1997-08-14 Sold (Public Records) — Public Records

Property tax history

+5.9%/yr

Latest (2025): $1,794 · -0.5% YoY. Source: county tax records.