41025 W I-55 Service Rd · Ponchatoula, LA 70403

$129,000

3 bd · 1.0 ba · 1,170 sqft · SingleFamily public records · 22 Days on market

Built 1983 9,321 sqft lot Est $185k · 30% 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 +27.7/30.0
• ARV discount +15.0/15.0
• DSCR +9.7/10.0
• 1% rule +6.7/10.0
• Livability +3.4/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment property or starter home! This house has 3 spacious bedrooms, a 17x14 living room, classic styled bathroom, and an eat-in kitchen with tile counter tops! >>FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. A fenced in backyard with Detached Storage Shed keeps your kids and pets safe while they play under the trees. All tile flooring! Move-in ready! Fridge included! Located less than 1 mile from exit to I-55 and I-12. FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. CALL for your appointment today!

Key facts

• Metal roof
• Tile counter tops
• Washer and dryer

Tags

• FENCED IN BACKYARD
• DETACHED STORAGE SHED
• TILE COUNTER TOPS
• CENTRAL A H
• METAL ROOF
• WASHER AND DRYER

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $388 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $129k).
• Recommended offer: $127k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 5.2% in Ponchatoula — 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 68/100 on livability (#91 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: employment D, crime D-, amenities F.
• Tangipahoa Parish (rural): math 18% / reading 29% proficiency, ranked #63 of 98 in LA (top 64%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 329 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
• This rent runs 36% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Tangipahoa County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($127k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 13y ago 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.
• Current owner paid $95k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $127,065 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are B-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?
3. Crime grade is D 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?
4. 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.
5. 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.
6. 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: 1.17% ✓
• Cap rate: 9.91%
• Cash-on-cash: 12.90%
• DSCR: 1.57
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $184,860
• Comps found: 3

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
40372 Skylar Ln	0.56mi	3/2.0	1,200 (+3%)	6mo	$190,000	$158	60
40312 Skylar Ln	0.62mi	3/2.0	1,271 (+9%)	20mo	$200,000	$157	36
15576 Campbell Ln	0.71mi	3/2.0	1,302 (+11%)	13mo	$239,000	$184	33

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 · 0.33% rent growth · sell at horizon

5-year hold

• IRR: -0.1%
• Equity multiple: 1.00×
• Total profit: $-153
• Equity at exit: $19,234

10-year hold

• IRR: 6.8%
• Equity multiple: 1.45×
• Total profit: $16,201
• Equity at exit: $11,154

Cash invested: $36,120 (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 70403

• Home prices YoY: -34.1%
• Rents YoY: 0.3%
• Active inventory: 329
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,513 high
• Mortgage (P&I): −$676
• Tax from tax record: −$77 /mo · $923/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$318
• Net cashflow: $388

Break-even live

Break-even rent $1,022

Max offer price $129,000

Occupancy floor 69%

Sensitivity live

Price	-10% $461	-5% $425	+0% $388	+5% $352	+10% $315
Rent	-10% $269	-5% $329	+0% $388	+5% $448	+10% $508
Rate	-1.0pp $453	-0.5pp $421	base $388	+0.5pp $355	+1.0pp $321

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1681 Veterans Ave Unit 06 Ponchatoula, LA	2.0	1.0	800	$995	$1.24	45d	1	0.88mi
42114 Gardens Blvd Unit B Hammond, LA	2.0	2.0	1343	$1,450	$1.08	45d	1	1.10mi
136 Southgate Dr Unit 136 Ponchatoula, LA	2.0	2.0	1281	$1,650	$1.29	45d	1	1.17mi
14711 Madison Ln Unit A Ponchatoula, LA	2.0	2.0	1302	$1,450	$1.11	15d	1	1.39mi
40046 Twin Creeks Dr Unit B Ponchatoula, LA	3.0	2.0	1434	$1,850	$1.29	15d	1	1.45mi

Listing history 23 events

1. 2026-04-10
   status Pending 544-char remark

   Show marketing remark (544 chars)

   Great investment property or starter home! This house has 3 spacious bedrooms, a 17x14 living room, classic styled bathroom, and an eat-in kitchen with tile counter tops! >>FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. A fenced in backyard with Detached Storage Shed keeps your kids and pets safe while they play under the trees. All tile flooring! Move-in ready! Fridge included! Located less than 1 mile from exit to I-55 and I-12. FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. CALL for your appointment today!

2. 2026-04-10
   status Pending

   Show marketing remark (544 chars)

   Great investment property or starter home! This house has 3 spacious bedrooms, a 17x14 living room, classic styled bathroom, and an eat-in kitchen with tile counter tops! >>FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. A fenced in backyard with Detached Storage Shed keeps your kids and pets safe while they play under the trees. All tile flooring! Move-in ready! Fridge included! Located less than 1 mile from exit to I-55 and I-12. FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. CALL for your appointment today!

3. 2026-03-19
   listed $129,000 Active 544-char remark

   Show marketing remark (544 chars)

   Great investment property or starter home! This house has 3 spacious bedrooms, a 17x14 living room, classic styled bathroom, and an eat-in kitchen with tile counter tops! >>FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. A fenced in backyard with Detached Storage Shed keeps your kids and pets safe while they play under the trees. All tile flooring! Move-in ready! Fridge included! Located less than 1 mile from exit to I-55 and I-12. FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. CALL for your appointment today!

4. 2026-03-19
   listed $129,000 Active

   Show marketing remark (544 chars)

   Great investment property or starter home! This house has 3 spacious bedrooms, a 17x14 living room, classic styled bathroom, and an eat-in kitchen with tile counter tops! >>FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. A fenced in backyard with Detached Storage Shed keeps your kids and pets safe while they play under the trees. All tile flooring! Move-in ready! Fridge included! Located less than 1 mile from exit to I-55 and I-12. FEATURES: CENTRAL A/H, METAL ROOF, AND WASHER & DRYER. CALL for your appointment today!

5. 2021-01-12
   soldstatus $95,000
6. 2021-01-11
   soldstatus $95,000 Closed
7. 2020-12-03
   status Pending
8. 2020-11-30
   listed $95,000
9. 2020-11-30
   listed $95,000 Active
10. 2019-06-25
    price $89,995
11. 2019-05-13
    listed $89,995
12. 2018-11-08
    listed $99,900
13. 2017-02-06
    historical
14. 2016-11-11
    price $98,000
15. 2016-09-22
    status Active
16. 2016-09-16
    historical
17. 2016-08-05
    listed $119,500 Active
18. 2016-08-05
    listed $98,000
19. 2013-09-09
    soldstatus $50,000
20. 2013-03-25
    listed $49,900
21. 2013-03-25
    listed $49,900
22. 2006-03-17
    soldstatus $69,300
23. 1997-04-24
    soldstatus $41,000

ⓘ 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: $923 · $77/mo
• Projected year-2 tax: $923 · $77/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,161
• − Mortgage interest: −$7,226
• − Property taxes: −$923
• − Insurance: −$645
• − Repairs & maintenance: −$1,453
• − Management: −$1,453
• − Depreciation: −$3,753
• Taxable income: $2,708
• Est. tax owed @ 24.0%: −$650
• After-tax cash flow: $4,011/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: Tangipahoa Parish
• NCES district ID: 2201680
• Math proficiency: 18% ▼ -32.00%
• Reading proficiency: 29% ▼ -31.00%
• Median HH income: $41,283
• Composite: 19.94/100
• National rank: #8676
• State rank: #63 of 98 in LA

Livability — Ponchatoula

• Score: 68/100
• State rank: #91
• US rank: #9755

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Tangipahoa Parish · 85,958 people
• City population: 34,564
• Metro: Hammond, LA
• Population (ZIP): 30,173
• Household income: $50,976
• Rent vs Own: 33.6% rent · 66.4% own
• Severe rent burden: 1201.0

Population outlook (Tangipahoa County) Hauer SSP2

• Today (2025): 144,204 people
• By 2030: 151,413 · +5.0%
• By 2040: 164,374 · +14.0%
• By 2050: 175,427 · +21.7%
• By 2075: 195,165 · +35.3%
• By 2100: 201,641 · +39.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: White 55% Black 37% Hispanic / Latino 6% Two or more races 6%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 9% Serbian 1% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% Arabic 1%

Political lean MEDSL · Tangipahoa

• 2024 margin: Solid R (+37.4) · D 30.6% · R 68.0% · Other 1.3%
• 2008→2024 swing: -6.5pp toward R · 2008: -30.9pp · 2024: -37.4pp
• All cycles: 2024: R+37.4 2020: R+32.8 2016: R+32.6 2012: R+27.7 2008: R+30.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.04%
• Current HPI: 127.4535
• Rent YoY: ▲ 0.33%
• Metro: Hammond, 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

+214.6% since first listed

23 events — show timeline

• 2026-04-10 Pending — AcadianaMLS
• 2026-04-10 Pending — GSREIN
• 2026-03-19 Listed $129,000 GSREIN
• 2026-03-19 Listed $129,000 AcadianaMLS
• 2021-01-12 Sold (Public Records) $95,000 Public Records
• 2021-01-11 Sold (MLS) $95,000 GSREIN
• 2020-12-03 Pending — GSREIN
• 2020-11-30 Listed $95,000 GSREIN
• 2020-11-30 Listed $95,000 AcadianaMLS
• 2019-06-25 Price Changed $89,995 GSREIN
• 2019-05-13 Listed $89,995 AcadianaMLS
• 2018-11-08 Listed $99,900 AcadianaMLS
• 2017-02-06 Listing Removed — GSREIN
• 2016-11-11 Price Changed $98,000 GSREIN
• 2016-09-22 Relisted — GSREIN
• 2016-09-16 Listing Removed — GSREIN
• 2016-08-05 Listed $119,500 GSREIN
• 2016-08-05 Listed $98,000 AcadianaMLS
• 2013-09-09 Sold (MLS) $50,000 GSREIN
• 2013-03-25 Listed $49,900 AcadianaMLS
• 2013-03-25 Listed $49,900 GSREIN
• 2006-03-17 Sold (Public Records) $69,300 Public Records
• 1997-04-24 Sold (Public Records) $41,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $923 · +1.0% YoY. Source: county tax records.