2564 Elvin Dr · Gardere, LA 70810

$139,999

3 bd · 1.5 ba · 1,095 sqft · SingleFamily public records · 293 Days on market

Built 2010 4,791 sqft lot $128/sqft · 44% below area Est $256k · 45% under ↓ 15% 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 +20.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.5/10.0
• 1% rule +4.7/10.0
• Livability +3.2/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this well-maintained 3 bedroom, 1.5 bath home that's perfect as a starter or investment opportunity. Inside, you'll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it's a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location--schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

Key facts

• Low-maintenance yard
• Great location
• Flood zone x

Tags

• UPDATED LAMINATE FLOORING
• FRESH INTERIOR PAINT
• CROWN MOLDING
• LOW-MAINTENANCE YARD
• FLOOD ZONE X
• GREAT LOCATION

🏷️ Possibly a rental listed for sale. The $139,999 price doesn't fit this home's estimated sale value (~$255,978) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $180 ($2k/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 $136k (2.8% below list).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.8% vs local median 4.1% in Gardere — 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 64/100 on livability (#167 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A, housing A; Watch: crime D, employment D, amenities 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 flat; 625 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• This rent is only 18% of the median local income ($92k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k 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 293 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 2y ago; this cycle's ask has dropped $29k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $123,199 (12.0% below list)

Questions for the listing agent

1. It's been on market 293 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.97% ✗
• Cap rate: 7.84%
• Cash-on-cash: 5.52%
• DSCR: 1.25
• GRM: 8.6

CMA / ARV

• ARV (median comp): $255,978
• List price: $139,999
• Delta: -45.31%
• 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
2239 St Croix Ave	0.26mi	3/2.0	1,112 (+2%)	5mo	$125,000	$112	79
9390 Pascagoula Dr	0.22mi	3/2.0	1,112 (+2%)	15mo	$125,000	$112	73
2167 St Croix Ave	0.29mi	3/2.0	1,112 (+2%)	12mo	$125,000	$112	72
9351 Bimini Dr	0.34mi	3/2.0	1,112 (+2%)	16mo	$125,000	$112	66
9398 Pascagoula Dr	0.23mi	2/2.0 (-1)	1,100 (+0%)	20mo	$3,000	$3	65
1835 General Cleburne Ave	0.50mi	2/1.0 (-1)	1,105 (+1%)	8mo	$92,000	$83	61
1832 Elvin Dr	0.43mi	3/2.0	1,112 (+2%)	20mo	$1,400	$1	59
1835 Fountain Ave	0.72mi	2/2.0 (-1)	1,150 (+5%)	1mo	$155,000	$135	51
2144 General Mouton Ave	0.31mi	3/2.0	1,210 (+10%)	19mo	$180,000	$149	50
2279 St Croix Ave	0.25mi	2/1.5 (-1)	936 (-14%)	19mo	$118,000	$126	44
9396 Pascagoula Dr	0.23mi	2/1.5 (-1)	936 (-14%)	22mo	$120,000	$128	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 · 0.68% rent growth · sell at horizon

5-year hold

• IRR: -10.2%
• Equity multiple: 0.63×
• Total profit: $-14,327
• Equity at exit: $20,874

10-year hold

• IRR: -4.3%
• Equity multiple: 0.75×
• Total profit: $-9,943
• Equity at exit: $12,105

Cash invested: $39,200 (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 70810

• Rents YoY: 0.7%
• Active inventory: 625
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $1,361 high
• Mortgage (P&I): −$734
• Tax from tax record: −$102 /mo · $1,227/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $180

Break-even live

Break-even rent $1,133

Max offer price $139,999

Occupancy floor 82%

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2934 Nicholson Lake Dr Baton Rouge, LA	3.0	2.0	1500	$2,000	$1.33	23d	1	0.13mi
2934 Nicholson Lake Dr Baton Rouge, LA	3.0	2.0	1500	$2,000	$1.33	44d	1	0.13mi
3111 Nicholson Lake Dr Baton Rouge, LA	3.0	2.0	1468	$2,000	$1.36	21d	1	0.21mi
2705 Amanda Dr Unit A Baton Rouge, LA	2.0	2.0	972	$800	$0.82	14d	1	0.30mi
11959 Nicholson Dr Baton Rouge, LA	1.0–3.0	1.0–2.0	1092	$1,678	$1.54	14d	6	0.34mi
1934 Elvin Dr Baton Rouge, LA	3.0	2.0	1112	$1,600	$1.44	44d	1	0.39mi
8526 Leake Ave Unit 8526-D Baton Rouge, LA	2.0	2.0	974	$900	$0.92	44d	1	0.40mi
2265 Anne Marie Dr Unit D Baton Rouge, LA	2.0	2.0	972	$800	$0.82	44d	1	0.55mi
2182 Gardere Ln Unit B Baton Rouge, LA	2.0	2.0	1000	$800	$0.80	23d	1	0.56mi
2266 Anne Marie Dr Unit C Baton Rouge, LA	2.0	2.0	1000	$750	$0.75	44d	1	0.58mi
2266 Anne Marie Dr Unit C Baton Rouge, LA	2.0	2.0	1000	$850	$0.85	14d	1	0.58mi
2266 Anne Marie Dr Unit B Baton Rouge, LA	2.0	2.0	1000	$900	$0.90	44d	1	0.58mi
2059 Mariner Dr Unit 2059-20 Baton Rouge, LA	2.0	2.0	950	$925	$0.97	23d	1	0.61mi
8425 Ned Ave Unit D Baton Rouge, LA	2.0	2.0	970	$875	$0.90	44d	1	0.65mi
8234 Keel Ave Baton Rouge, LA	3.0	2.0	1000	$1,000	$1.00	44d	1	0.70mi
8246 Ned Ave Apt C Baton Rouge, LA	2.0	2.0	990	$750	$0.76	23d	1	0.76mi
2038 Jasper Ave Unit GM 2038-C Baton Rouge, LA	2.0	1.5	1100	$900	$0.82	44d	1	0.77mi
1773 Starboard Dr Unit 1773-1 Baton Rouge, LA	2.0	1.5	1100	$995	$0.90	19d	1	0.78mi
8215 Skysail Ave Baton Rouge, LA	2.0	2.0	1000	$750	$0.75	23d	1	0.79mi
2029 Jasper Ave Unit 2029-D Baton Rouge, LA	3.0	2.0	1350	$1,200	$0.89	44d	1	0.80mi
2029 Jasper Ave Unit 2029-B Baton Rouge, LA	3.0	2.0	1350	$1,250	$0.93	23d	1	0.80mi
1616 Jade Ave Baton Rouge, LA	2.0	1.5	1000	$900	$0.90	23d	1	0.81mi
1646 Jade Ave Unit GM 1646-D Baton Rouge, LA	2.0	1.5	1100	$900	$0.82	14d	1	0.81mi
1646 Jade Ave Unit GM 1646-C Baton Rouge, LA	2.0	1.5	1100	$850	$0.77	44d	1	0.81mi
8225 Ned Ave Unit 8225-C Baton Rouge, LA	2.0	2.0	970	$950	$0.98	44d	1	0.82mi
8726 Elvin Dr Unit B Baton Rouge, LA	2.0	1.5	1300	$1,800	$1.38	23d	1	0.82mi
8726 Elvin Dr Unit B Baton Rouge, LA	2.0	1.5	1300	$1,800	$1.38	44d	1	0.82mi
8736 Elvin Dr Unit A Baton Rouge, LA	2.0	1.5	1140	$1,100	$0.96	44d	1	0.83mi
8736 Elvin Dr Unit C Baton Rouge, LA	2.0	1.5	1140	$1,100	$0.96	23d	1	0.83mi
8724 GSRI Ave Unit 8724-B Baton Rouge, LA	2.0	1.0	853	$950	$1.11	14d	1	0.84mi
1717 Jade Ave Unit 1 Baton Rouge, LA	2.0	1.5	1000	$900	$0.90	23d	1	0.85mi
1717 Jade Ave Unit 2 Gardere, LA	2.0	1.5	1000	$900	$0.90	44d	1	0.85mi
8723 GSRI Ave Unit 8723-B Baton Rouge, LA	2.0	1.0	853	$950	$1.11	21d	1	0.87mi
1658 Starboard Dr Unit 1658-C Baton Rouge, LA	2.0	1.5	1100	$850	$0.77	14d	1	0.87mi
1711 Mast Dr Unit 1711-4 Baton Rouge, LA	3.0	2.5	1185	$1,100	$0.93	44d	1	0.87mi
1648 Starboard Dr Apt C Baton Rouge, LA	2.0	1.0	980	$850	$0.87	44d	1	0.89mi
1434 Jasper Ave Baton Rouge, LA	2.0	1.5	1000	$800	$0.80	44d	1	0.91mi
1707 Port Dr Unit D Baton Rouge, LA	2.0	2.0	875	$950	$1.09	44d	1	0.92mi
8911 GSRI Ave Baton Rouge, LA	2.0	2.0	1100	$1,150	$1.05	44d	1	0.99mi
8727 Granite Dr Unit 8727-C Baton Rouge, LA	2.0	1.5	1100	$940	$0.85	19d	1	1.01mi

Listing history 33 events

1. 2026-06-18
   days on market $139,999 Active 293 DOM
2. 2026-06-17
   days on market $139,999 Active 292 DOM
3. 2026-06-16
   days on market $139,999 Active 291 DOM
4. 2026-06-15
   days on market $139,999 Active 290 DOM
5. 2026-06-14
   days on market $139,999 Active 288 DOM
6. 2026-06-10
   days on market $139,999 Active 285 DOM
7. 2026-06-09
   days on market $139,999 Active 284 DOM
8. 2026-06-08
   days on market $139,999 Active 283 DOM
9. 2026-06-07
   days on market $139,999 Active 282 DOM
10. 2026-06-05
    days on market $139,999 Active 279 DOM
11. 2026-06-03
    days on market $139,999 Active 278 DOM
12. 2026-06-02
    days on market $139,999 Active 277 DOM
13. 2026-06-01
    days on market $139,999 Active 276 DOM
14. 2026-05-31
    days on market $139,999 Active 275 DOM
15. 2026-05-31
    days on market $139,999 Active 274 DOM
16. 2026-05-13
    price $139,999 729-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

17. 2026-05-13
    price $139,999 752-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

18. 2026-03-04
    status Active 729-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

19. 2026-03-04
    status Active 752-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

20. 2026-01-19
    status Pending 752-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

21. 2025-12-12
    price $147,250 729-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

22. 2025-12-12
    price $147,250 752-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

23. 2025-09-22
    price $155,000 729-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

24. 2025-09-22
    price $155,000 752-char remark

    Show marketing remark (752 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that’s perfect as a starter or investment opportunity. Inside, you’ll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it’s a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location—schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

25. 2025-07-16
    listed $169,000 Active 752-char remark

    Show marketing remark (729 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that's perfect as a starter or investment opportunity. Inside, you'll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it's a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location--schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

26. 2025-07-16
    listed $169,000 Active 729-char remark

    Show marketing remark (729 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that's perfect as a starter or investment opportunity. Inside, you'll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it's a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location--schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

27. 2025-07-16
    listed $155,000 Active

    Show marketing remark (729 chars)

    Welcome to this well-maintained 3 bedroom, 1.5 bath home that's perfect as a starter or investment opportunity. Inside, you'll find updated laminate flooring, fresh interior paint, and crown molding in the main living spaces. Located just minutes from LSU, it's a great fit for students, faculty, or staff who want to be close to campus. Very convenient for anyone working in the nearby hospitals or medical offices. The low-maintenance yard keeps things simple, and the property sits in Flood Zone X, giving you peace of mind. Move-in ready, well-priced, and in a great location--schedule your private tour today. Investor-friendly opportunity with estimated market rent around $1,550 per month, offering solid rental potential.

28. 2024-12-11
    listed $165,000 Active
29. 2024-12-11
    historical
30. 2024-09-30
    status Active
31. 2024-08-31
    status Pending
32. 2024-07-11
    listed $165,000
33. 2024-07-11
    listed $165,000 Active

ⓘ 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: $1,227 · $102/mo
• Projected year-2 tax: $1,227 · $102/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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,330
• − Mortgage interest: −$7,842
• − Property taxes: −$1,227
• − Insurance: −$700
• − Repairs & maintenance: −$1,306
• − Management: −$1,306
• − Depreciation: −$4,073
• Taxable loss: −$124
• Est. tax savings @ 24.0%: +$30
• After-tax cash flow: $2,194/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 — Gardere

• Score: 64/100
• State rank: #167
• US rank: #14008

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gardere, LA
• County: East Baton Rouge Parish · 399,686 people
• Metro: Baton Rouge, LA
• Population (ZIP): 42,659
• Household income: $92,098
• Rent vs Own: 32.6% rent · 67.4% own
• Severe rent burden: 1106.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 55% Black 29% Hispanic / Latino 7% Two or more races 6% Asian 6%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 11% Slovak 2% Scottish 1%
• Foreign-born: 9% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 4% Other Indo-European 2% Chinese 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: ▼ -117.55%
• Current HPI: 172.7593
• Rent YoY: ▲ 0.68%
• 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

-15.2% since first listed

18 events — show timeline

• 2026-05-13 Price Changed $139,999 AcadianaMLS
• 2026-05-13 Price Changed $139,999 GBRMLS
• 2026-03-04 Relisted — AcadianaMLS
• 2026-03-04 Relisted — GBRMLS
• 2026-01-19 Pending — GBRMLS
• 2025-12-12 Price Changed $147,250 AcadianaMLS
• 2025-12-12 Price Changed $147,250 GBRMLS
• 2025-09-22 Price Changed $155,000 AcadianaMLS
• 2025-09-22 Price Changed $155,000 GBRMLS
• 2025-07-16 Listed $169,000 GBRMLS
• 2025-07-16 Listed $155,000 AcadianaMLS
• 2025-07-16 Listed $169,000 AcadianaMLS
• 2024-12-11 Listed $165,000 GBRMLS
• 2024-12-11 Delisted — GBRMLS
• 2024-09-30 Relisted — GBRMLS
• 2024-08-31 Pending — GBRMLS
• 2024-07-11 Listed $165,000 GBRMLS
• 2024-07-11 Listed $165,000 AcadianaMLS

Property tax history

+22.5%/yr

Latest (2025): $1,227 · -0.4% YoY. Source: county tax records.