26232 Burlwood Ave · Walker, LA 70726

$215,000

3 bd · 2.0 ba · 1,978 sqft · SingleFamily · 3 Days on market

Built 2007 9,156 sqft lot Est $247k · 13% under

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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 +18.7/30.0
• ARV discount +13.4/15.0
• DSCR +5.9/10.0
• 1% rule +4.5/10.0
• Schools +4.0/10.0
• Livability +3.8/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to Woodland Crossing, only minutes from interstate and all Walker and Denham Springs has to offer. This home offers calming lake views great for relaxing evenings and mornings. Priced below appraised value this home brings instant equity. Vacant as easy to show

Key facts

• Lake views
• 9,156 sq ft lot
• Garage

Tags

• LAKE VIEWS

Property features AI

Exterior

• Parking: Garage; Off-street parking; Three or more spaces
• Utilities: Public water; Public sewer; Property has heating and cooling
• Home design: Single-story; Very good condition
• Construction: Brick and stucco construction; Shingle roof; Slab foundation; Built in 1
• Exterior features: Outside city limits; Rectangular lot; Lake frontage

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: High speed internet; Pantry; Accessibility features

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $213 ($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 $205k (4.7% below list).
• Recommended offer: $205k (4.7% below list) — sets the bar for 1% rule.
• Cap rate 7.5% vs local median 4.8% in Walker — 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 75/100 on livability (#19 in LA, #3,999 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities D-, commute F.
• Livingston Parish (suburban): math 40% / reading 52% proficiency, ranked #13 of 98 in LA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.8%/yr); 976 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).
• This rent runs 31% of the median local income ($79k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Livingston County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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 $204,973 (4.7% 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 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?
3. 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?
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: 0.95% ✗
• Cap rate: 7.48%
• Cash-on-cash: 4.24%
• DSCR: 1.19
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $247,250
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
12783 Bonnie Bleu Dr	0.08mi	3/2.0	1,894 (-4%)	3mo	$206,000	$109	86
26373 Poplar Glen Dr	0.09mi	4/2.0 (+1)	2,000 (+1%)	10mo	$260,000	$130	80
26017 Willow Wood St	0.24mi	3/2.0	1,894 (-4%)	3mo	$249,000	$131	79
12726 Bonnie Bleu Dr	0.15mi	4/2.0 (+1)	1,998 (+1%)	10mo	$239,900	$120	78
26184 Glenbrooke Dr	0.34mi	4/2.0 (+1)	1,998 (+1%)	2mo	$249,500	$125	76
26328 Millstone Dr	0.24mi	4/2.0 (+1)	1,998 (+1%)	10mo	$250,000	$125	74
26096 Avondale Ct	0.16mi	3/2.0	1,829 (-8%)	9mo	$207,000	$113	72
12795 Bonnie Bleu Dr	0.08mi	3/2.0	1,695 (-14%)	4mo	$229,999	$136	69
12495 Buddy Ellis Rd	0.68mi	4/3.0 (+1)	1,926 (-3%)	4mo	$235,000	$122	52
25672 Buffwood St	0.64mi	4/2.0 (+1)	1,820 (-8%)	5mo	$235,000	$129	48
26565 Parkwood Dr	0.73mi	3/2.0	1,684 (-15%)	0mo	$225,000	$134	41
12405 Buddy Ellis Rd	0.75mi	3/1.5	1,792 (-9%)	8mo	$219,900	$123	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 · 3.83% rent growth · sell at horizon

5-year hold

• IRR: -8.8%
• Equity multiple: 0.67×
• Total profit: $-19,585
• Equity at exit: $32,057

10-year hold

• IRR: 1.7%
• Equity multiple: 1.12×
• Total profit: $7,518
• Equity at exit: $18,589

Cash invested: $60,200 (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 70726

• Rents YoY: 3.8%
• Active inventory: 976
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,050 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$190 /mo · $2,274/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $213

Break-even live

Break-even rent $1,781

Max offer price $215,000

Occupancy floor 85%

Sensitivity live

Price	-10% $334	-5% $274	+0% $213	+5% $152	+10% $91
Rent	-10% $51	-5% $132	+0% $213	+5% $294	+10% $375
Rate	-1.0pp $321	-0.5pp $267	base $213	+0.5pp $157	+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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
12856 Silverbell Ave Denham Springs, LA	4.0	2.0	1829	$2,400	$1.31	45d	1	1.05mi
12850 Silverbell Ave Denham Springs, LA	3.0	2.0	1606	$2,200	$1.37	24d	1	1.06mi

Listing history 4 events

1. 2026-06-18
   days on market $215,000 Active 3 DOM
2. 2026-06-17
   days on market $215,000 Active 2 DOM
3. 2026-06-15
   remarks 269-char remark

   Show marketing remark (269 chars)

   Welcome to Woodland Crossing, only minutes from interstate and all Walker and Denham Springs has to offer. This home offers calming lake views great for relaxing evenings and mornings. Priced below appraised value this home brings instant equity. Vacant as easy to show

4. 2026-06-15
   listed $215,000 Active 1 DOM

   Show marketing remark (269 chars)

   Welcome to Woodland Crossing, only minutes from interstate and all Walker and Denham Springs has to offer. This home offers calming lake views great for relaxing evenings and mornings. Priced below appraised value this home brings instant equity. Vacant as easy to show

ⓘ 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: $2,274 · $190/mo
• Projected year-2 tax: $2,274 · $190/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 4/10 Moderate
• 🌡 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: $24,597
• − Mortgage interest: −$12,043
• − Property taxes: −$2,274
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,968
• − Management: −$1,968
• − Depreciation: −$6,255
• Taxable loss: −$986
• Est. tax savings @ 24.0%: +$237
• After-tax cash flow: $2,789/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: Livingston Parish
• NCES district ID: 2201020
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 52% ▼ -32.00%
• Median HH income: $56,755
• Composite: 40.07/100
• National rank: #3811
• State rank: #13 of 98 in LA

Livability — Walker

• Score: 75/100
• State rank: #19
• US rank: #3999

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Livingston Parish · 87,496 people
• City population: 23,921
• Metro: Baton Rouge, LA
• Population (ZIP): 63,575
• Household income: $78,621
• Rent vs Own: 27.0% rent · 73.0% own
• Severe rent burden: 1211.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 158,511 people
• By 2030: 168,241 · +6.1%
• By 2040: 186,252 · +17.5%
• By 2050: 201,516 · +27.1%
• By 2075: 231,217 · +45.9%
• By 2100: 241,697 · +52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Black 13% Hispanic / Latino 9% Two or more races 6%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 9% Serbian 1% Italian 1%
• Foreign-born: 6% · Canada
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 1%

Political lean MEDSL · Livingston

• 2024 margin: Solid R (+68.5) · D 15.1% · R 83.6% · Other 1.3%
• 2008→2024 swing: +3.4pp toward D · 2008: -71.9pp · 2024: -68.5pp
• All cycles: 2024: R+68.5 2020: R+70.0 2016: R+72.5 2012: R+70.4 2008: R+71.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.37%
• Current HPI: 170.2207
• Rent YoY: ▲ 3.83%
• 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

+0.0% since first listed

3 events — show timeline

• 2026-06-15 Relisted — AcadianaMLS
• 2026-06-15 Listed $215,000 GSREIN
• 2026-06-15 Listed $215,000 AcadianaMLS

Property tax history

+1.6%/yr

Latest (2024): $2,274 · +14.1% YoY. Source: county tax records.