2241 General Jackson Dr · Gardere, LA
Flood risk 7/10 · Major
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +15.2/30.0
- ARV discount +8.7/15.0
- DSCR +4.7/10.0
- 1% rule +3.8/10.0
- 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
$187,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
Key facts
- Utility room
- Ceramic tile
- Walk in closet
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $188k.
Deal economics
- At list price, monthly cash flow is $-2 ($-27/yr) — negative.
- To cash-flow at today's rent, offer at most $188k (0.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $166k (11.8% below list).
- Recommended offer: $165k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.7% vs local median 4.2% 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.
- Zoned schools: Magnolia Woods Elementary School (math 19% / reading 28%, grade F, #406 of 646 statewide, top 63%, 528 students, 79% FRL); Westdale Middle School (math 15% / reading 30%, grade F, #151 of 218 statewide, top 70%, 757 students, 69% FRL); Liberty High School (math 50% / reading 74%, grade B-, #15 of 265 statewide, top 6%, 1,208 students, 60% FRL).
- Market conditions: Rents flat; 629 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 237 days — a 12% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $22k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: major flood risk; 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.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 237 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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.
- 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?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- 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
- 0.88% ✗
- Cap rate
- 6.70%
- Cash-on-cash
- 1.46%
- DSCR
- 1.07
- GRM
- 9.4
CMA / ARV
- ARV (median comp)
- $193,088
- List price
- $187,900
- Delta
- -2.69%
- 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 |
|---|---|---|---|---|---|---|---|
| 9031 Cross Creek Ave | 0.25mi | 3/2.0 | 1,412 (-7%) | 4mo | $179,900 | $127 | 74 |
| 2934 Nicholson Lake Dr | 0.47mi | 3/2.0 | 1,490 (-2%) | 3mo | $235,700 | $158 | 72 |
| 3101 Nicholson Lake Dr | 0.58mi | 3/2.0 | 1,463 (-3%) | 2mo | $275,000 | $188 | 66 |
| 9099 Lake Mist Dr | 0.54mi | 3/2.0 | 1,425 (-6%) | 1mo | $265,000 | $186 | 64 |
| 9099 Lake Mist Dr | 0.54mi | 3/2.0 | 1,425 (-6%) | 1mo | $265,000 | $186 | 64 |
| 1837 General Mouton Ave | 0.39mi | 3/2.0 | 1,381 (-9%) | 5mo | $174,900 | $127 | 63 |
| 9089 Lake Mist Ave | 0.54mi | 3/2.0 | 1,411 (-7%) | 4mo | $264,900 | $188 | 60 |
| 9532 Langham Dr | 0.61mi | 3/2.0 | 1,439 (-5%) | 4mo | $225,000 | $156 | 59 |
| 3172 Nicholson Lake Dr | 0.60mi | 3/2.0 | 1,411 (-7%) | 3mo | $255,000 | $181 | 58 |
| 8952 Westlake Ave | 0.69mi | 3/2.0 | 1,436 (-5%) | 4mo | $244,900 | $171 | 56 |
| 9343 Martinique Dr | 0.46mi | 3/2.0 | 1,326 (-12%) | 6mo | $175,000 | $132 | 53 |
| 2124 Helm Dr | 0.65mi | 3/2.0 | 1,353 (-11%) | 4mo | $159,995 | $118 | 49 |
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
- IRR
- -19.0%
- Equity multiple
- 0.35×
- Total profit
- $-34,339
- Equity at exit
- $28,017
- IRR
- -17.3%
- Equity multiple
- 0.15×
- Total profit
- $-44,765
- Equity at exit
- $16,246
Cash invested: $52,612 (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 70810
- Rents YoY
- 0.7%
- Active inventory
- 629
- Price-to-rent
- 9.4×
Monthly cashflow live
- Estimated rent
- $1,658 high interval (Pro) →
- Mortgage (P&I)
- −$985
- Tax from tax record
- −$182 /mo · $2,181/yr
- Insurance
- −$78
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$348
- Net cashflow
- $-2
Break-even live
Sensitivity live
| Price | -10% $104 | -5% $51 | +0% $-2 | +5% $-55 | +10% $-109 |
|---|---|---|---|---|---|
| Rent | -10% $-133 | -5% $-68 | +0% $-2 | +5% $63 | +10% $129 |
| Rate | -1.0pp $92 | -0.5pp $46 | base $-2 | +0.5pp $-51 | +1.0pp $-100 |
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
- $46,975
- Closing costs
- $5,637
- 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.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1773 Starboard Dr Unit 1773-1 Baton Rouge, LA | 2.0 | 1.5 | 1100 | $995 | $0.90 | 22d | 1 | 0.30mi |
| 1658 Starboard Dr Unit 1658-C Baton Rouge, LA | 2.0 | 1.5 | 1100 | $850 | $0.77 | 17d | 1 | 0.39mi |
| 1711 Mast Dr Unit 1711-4 Baton Rouge, LA | 3.0 | 2.5 | 1185 | $1,100 | $0.93 | 47d | 1 | 0.39mi |
| 1934 Elvin Dr Baton Rouge, LA | 3.0 | 2.0 | 1112 | $1,600 | $1.44 | 46d | 1 | 0.46mi |
| 11959 Nicholson Dr Baton Rouge, LA | 1.0–3.0 | 1.0–2.0 | 1092 | $1,678 | $1.54 | 17d | 6 | 0.47mi |
| 2924 Nicholson Lake Dr Baton Rouge, LA | 3.0 | 2.0 | 1550 | $2,000 | $1.29 | 46d | 1 | 0.49mi |
| 2934 Nicholson Lake Dr Baton Rouge, LA | 3.0 | 2.0 | 1500 | $2,000 | $1.33 | 26d | 1 | 0.50mi |
| 2934 Nicholson Lake Dr Baton Rouge, LA | 3.0 | 2.0 | 1500 | $2,000 | $1.33 | 46d | 1 | 0.50mi |
| 1646 Jade Ave Unit GM 1646-D Baton Rouge, LA | 2.0 | 1.5 | 1100 | $900 | $0.82 | 17d | 1 | 0.59mi |
| 1646 Jade Ave Unit GM 1646-C Baton Rouge, LA | 2.0 | 1.5 | 1100 | $850 | $0.77 | 46d | 1 | 0.59mi |
| 3111 Nicholson Lake Dr Baton Rouge, LA | 3.0 | 2.0 | 1468 | $2,000 | $1.36 | 24d | 1 | 0.61mi |
| 2038 Jasper Ave Unit GM 2038-C Baton Rouge, LA | 2.0 | 1.5 | 1100 | $900 | $0.82 | 46d | 1 | 0.64mi |
| 2029 Jasper Ave Unit 2029-D Baton Rouge, LA | 3.0 | 2.0 | 1350 | $1,200 | $0.89 | 47d | 1 | 0.65mi |
| 2029 Jasper Ave Unit 2029-B Baton Rouge, LA | 3.0 | 2.0 | 1350 | $1,250 | $0.93 | 26d | 1 | 0.65mi |
| 8727 Granite Dr Unit 8727-C Baton Rouge, LA | 2.0 | 1.5 | 1100 | $940 | $0.85 | 22d | 1 | 0.68mi |
| 8911 GSRI Ave Baton Rouge, LA | 2.0 | 2.0 | 1100 | $1,150 | $1.05 | 46d | 1 | 0.69mi |
| 8726 Elvin Dr Unit B Baton Rouge, LA | 2.0 | 1.5 | 1300 | $1,800 | $1.38 | 26d | 1 | 0.71mi |
| 8726 Elvin Dr Unit B Baton Rouge, LA | 2.0 | 1.5 | 1300 | $1,800 | $1.38 | 46d | 1 | 0.71mi |
| 8736 Elvin Dr Unit C Baton Rouge, LA | 2.0 | 1.5 | 1140 | $1,100 | $0.96 | 26d | 1 | 0.71mi |
| 8736 Elvin Dr Unit A Baton Rouge, LA | 2.0 | 1.5 | 1140 | $1,100 | $0.96 | 46d | 1 | 0.71mi |
| 8022 Antebellum Ave Baton Rouge, LA | 3.0 | 2.0 | 1510 | $2,100 | $1.39 | 46d | 1 | 0.73mi |
| 8336 Bayou Fountain Ave Unit 8336-D Baton Rouge, LA | 2.0 | 1.5 | 1110 | $1,045 | $0.94 | 17d | 1 | 0.86mi |
| 8185 Bayou Fountain Ave Unit 8185-2 Baton Rouge, LA | 2.0 | 1.5 | 1200 | $1,045 | $0.87 | 26d | 1 | 0.91mi |
| 8216 Governor Dr Baton Rouge, LA | 3.0 | 2.0 | 1212 | $1,350 | $1.11 | 26d | 1 | 0.91mi |
| 8220 Governor Dr Baton Rouge, LA | 3.0 | 2.0 | 1350 | $1,350 | $1.00 | 22d | 1 | 0.91mi |
| 9250 Pecan Tree Dr Baton Rouge, LA | 3.0 | 2.0 | 1291 | $1,650 | $1.28 | 26d | 1 | 0.93mi |
| 8231 Bayou Fountain Ave Unit 8231-1 Baton Rouge, LA | 2.0 | 2.0 | 1250 | $1,200 | $0.96 | 17d | 1 | 0.94mi |
| 8262 Governor Dr Unit 8262-A Baton Rouge, LA | 3.0 | 3.0 | 1400 | $1,400 | $1.00 | 17d | 1 | 0.95mi |
| 8091 Bayou Fountain Ave Baton Rouge, LA | 2.0 | 2.5 | 1100 | $1,195 | $1.09 | 46d | 1 | 0.96mi |
| 1418 Gardenia Ln Baton Rouge, LA | 3.0 | 2.0 | 1812 | $2,350 | $1.30 | 17d | 1 | 0.96mi |
| 1047 Drago Dr Baton Rouge, LA | 4.0 | 2.0 | 1610 | $3,000 | $1.86 | 46d | 1 | 0.96mi |
| 7642 W Pelican Lakes Ave Baton Rouge, LA | 3.0 | 2.0 | 1631 | $2,500 | $1.53 | 24d | 1 | 0.98mi |
| 777 Hadley Dr Baton Rouge, LA | 3.0 | 2.0 | 1405 | $1,900 | $1.35 | 24d | 1 | 0.99mi |
| 8457 Governor Dr Unit 8457-A Baton Rouge, LA | 2.0 | 1.5 | 1100 | $1,000 | $0.91 | 46d | 1 | 1.00mi |
| 1045 Renova Dr Baton Rouge, LA | 4.0 | 2.0 | 1610 | $2,950 | $1.83 | 17d | 1 | 1.02mi |
| 916 Drago Dr Baton Rouge, LA | 4.0 | 2.0 | 1610 | $3,000 | $1.86 | 46d | 1 | 1.02mi |
| 910 Drago Dr Baton Rouge, LA | 3.0 | 2.0 | 1380 | $2,700 | $1.96 | 26d | 1 | 1.03mi |
| 8655 Abertay Ave Baton Rouge, LA | 3.0 | 2.0 | 1560 | $2,000 | $1.28 | 26d | 1 | 1.05mi |
| 7623 Waterview Dr Baton Rouge, LA | 3.0 | 2.0 | 1933 | $2,650 | $1.37 | 26d | 1 | 1.05mi |
| 943 Renova DR Baton Rouge, LA | 4.0 | 2.0 | 1610 | $2,900 | $1.80 | 46d | 1 | 1.07mi |
Listing history 20 events
-
2026-06-14statusdays on market $187,900 Pending 237 DOM
-
2026-06-10days on market $187,900 Active 235 DOM
-
2026-06-09days on market $187,900 Active 234 DOM
-
2026-06-08days on market $187,900 Active 233 DOM
-
2026-06-07days on market $187,900 Active 232 DOM
-
2026-06-05days on market $187,900 Active 229 DOM
-
2026-06-03days on market $187,900 Active 228 DOM
-
2026-06-02days on market $187,900 Active 227 DOM
-
2026-06-01days on market $187,900 Active 226 DOM
-
2026-05-31days on market $187,900 Active 225 DOM
-
2026-05-31days on market $187,900 Active 224 DOM
-
2026-03-02price $187,900 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2026-03-02price $187,900 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2026-01-31price $190,000 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2026-01-31price $190,000 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2025-12-14price $195,900 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2025-12-14price $195,900 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2025-10-17$210,000 Active 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
2025-10-17$210,000 Active 499-char remark
Show marketing remark (499 chars)
Enjoy this 3 Bedroom 2 Bath Home near LSU. The Home Features a Wood Burning Fireplace, Ceramic Tile Throughout the Home, Spacious Primary Bedroom with walk in Closet and Private Bathroom. The Utility Room is spacious and give you lots of space to complete your Laundry Task with Extra Space for Storage. Look out with the Beautiful Glass Door in the Front and to the Patio. The Patio has Lots of Space for Entertaining and Grilling. The Storage House in the Back Yard Provided Lots of Extra Storage.
-
1985-09-03soldstatus
ⓘ 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
- $2,181 · $182/mo
- Projected year-2 tax
- $2,181 · $182/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 7/10 Severe FEMA zone X · 99% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 8/10 Severe 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 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
- $19,893
- − Mortgage interest
- −$10,525
- − Property taxes
- −$2,181
- − Insurance
- −$1,737
- − Repairs & maintenance
- −$1,591
- − Management
- −$1,591
- − Depreciation
- −$5,466
- Taxable loss
- −$3,199
- Est. tax savings @ 24.0%
- +$768
- After-tax cash flow
- $741/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
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
- 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
-10.5% since first listed9 events — show timeline
- 2026-03-02 Price Changed $187,900 GBRMLS
- 2026-03-02 Price Changed $187,900 AcadianaMLS
- 2026-01-31 Price Changed $190,000 AcadianaMLS
- 2026-01-31 Price Changed $190,000 GBRMLS
- 2025-12-14 Price Changed $195,900 AcadianaMLS
- 2025-12-14 Price Changed $195,900 GBRMLS
- 2025-10-17 Listed $210,000 AcadianaMLS
- 2025-10-17 Listed $210,000 GBRMLS
- 1985-09-03 Sold (Public Records) — Public Records
Property tax history
+13.6%/yrLatest (2025): $2,181 · -0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…