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13317 Ouachita Ave
B+ Composite 78.3
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 +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +4.6/10.0
  • Livability +3.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$150,000

13317 Ouachita Ave · Central, LA 70818
4 bd · 2.0 ba · 1,652 sqft · SingleFamily public records · 5 Days on market
Built 1973 0.29 ac lot Est $226k · 34% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Fixer-Upper! This home is located on a nice lot, close to Central Schools! In highly sought after Jackson Park Subdivision. Only 1 owner! Come and Make it your own!

Key facts

  • 0.29 acre lot
  • Built 1973
  • Listed 5 days

Property features AI

Exterior

  • Parking: Carport
  • Utilities: Public water; Public sewer
  • Home design: Detached single-family residence; Residential property
  • Construction: Brick and frame construction; Slab foundation; Built for single-story or multi-story not specified
  • Exterior features: Partial fencing; Lot roughly 0.29 acres (approx. 80 x 160)

Interior

  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Partial fencing

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Cap rate 14.3% vs local median 3.3% in Central — 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 74/100 on livability (#25 in LA, #4,761 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing A+; Watch: amenities F, commute F.
  • Central Community School District (suburban): math 50% / reading 54% proficiency, ranked #9 of 98 in LA (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 128 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% 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 runs 38% of the median local income ($78k/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 $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.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
  • 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→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,000

Questions for the listing agent

  1. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
1.64%
Cap rate
14.32%
Cash-on-cash
28.67%
DSCR
2.28
GRM
5.1

CMA / ARV

ARV (on-the-fly)
$226,324
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
13623 Red River Ave 0.15mi 3/2.0 (-1) 1,560 (-6%) 10mo $225,000 $144 70
13717 Ouachita Ave 0.19mi 3/2.0 (-1) 1,658 (+0%) 20mo $227,500 $137 69
13614 Calcasieu Ave 0.22mi 3/2.0 (-1) 1,528 (-8%) 5mo $250,000 $164 68
13951 Reed Ave 0.37mi 3/2.0 (-1) 1,582 (-4%) 7mo $230,000 $145 65
13562 Reed Ave 0.24mi 3/2.0 (-1) 1,748 (+6%) 12mo $229,000 $131 64
13820 Ouachita Ave 0.25mi 3/2.0 (-1) 1,692 (+2%) 18mo $225,000 $133 64
13919 Red River Ave 0.31mi 4/2.0 1,840 (+11%) 6mo $241,000 $131 62
13708 Ouachita Ave 0.18mi 3/2.0 (-1) 1,741 (+5%) 21mo $219,900 $126 61
13904 Ouachita Ave 0.32mi 4/2.0 1,829 (+11%) 12mo $244,000 $133 57
13503 Ouachita Ave 0.09mi 4/3.0 1,877 (+14%) 17mo $284,900 $152 55
13921 Ouachita Ave 0.32mi 3/2.0 (-1) 1,472 (-11%) 10mo $199,500 $136 53
13808 Tech Dr 0.39mi 3/2.0 (-1) 1,492 (-10%) 15mo $230,000 $154 48

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
23.0%
Equity multiple
1.94×
Total profit
$39,587
Equity at exit
$22,365
10-year hold
IRR
30.9%
Equity multiple
3.78×
Total profit
$116,674
Equity at exit
$12,969

Cash invested: $42,000 (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.

ZIP-level market 70818

Active inventory
128
Price-to-rent
5.1×

Monthly cashflow live

Estimated rent
$2,454 medium interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$86 /mo · $1,035/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$515
Net cashflow
$1,004

Break-even live

Break-even rent $1,184
Max offer price $150,000
Occupancy floor 54%

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
$37,500
Closing costs
$4,500
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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
12168 Arrowood Ave Baton Rouge, LA 3.0 2.0 1760 $2,100 $1.19 43d 1 1.05mi
12985 Slope Oak Ave Baton Rouge, LA 3.0 2.0 1334 $1,700 $1.27 43d 1 1.08mi
14150 Grand Settlement Blvd Baton Rouge, LA 1.0–3.0 1.0–2.0 1073 $2,544 $2.37 14d 14 1.49mi

Listing history 6 events

  1. 2026-06-14
    status $150,000 Pending 5 DOM
  2. 2026-06-10
    days on market $150,000 Active 5 DOM
  3. 2026-06-09
    days on market $150,000 Active 4 DOM
  4. 2026-06-08
    days on market $150,000 Active 3 DOM
  5. 2026-06-07
    remarks 164-char remark
  6. 2026-06-07
    listed $150,000 Active 2 DOM

ⓘ 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
$1,035 · $86/mo
Projected year-2 tax
$1,035 · $86/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 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,453
− Mortgage interest
−$8,402
− Property taxes
−$1,035
− Insurance
−$750
− Repairs & maintenance
−$2,356
− Management
−$2,356
− Depreciation
−$4,364
Taxable income
$10,189
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,445
After-tax cash flow
$9,598/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
Central Community School District
NCES district ID
2200125
Math proficiency
50% ▼ -32.00%
Reading proficiency
54% ▼ -31.00%
Median HH income
$66,584
Composite
46.02/100
National rank
#2528
State rank
#9 of 98 in LA

Livability — Central

Score
74/100
State rank
#25
US rank
#4761

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Central, LA
County
East Baton Rouge Parish · 399,686 people
City population
10,403
Metro
Baton Rouge, LA
Population (ZIP)
9,370
Household income
$78,432
Rent vs Own
20.7% rent · 79.3% own
Severe rent burden
408.0

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
Predominantly White (70%)
Race & ethnicity
White 70% Black 21% Two or more races 5% Hispanic / Latino 3%
Common ancestry
Lithuanian 8% Italian 1% Serbian 1%
Foreign-born
1% · Canada
Languages at home
96% English-only · Spanish 3% French/Haitian/Cajun 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
▼ -132.34%
Current HPI
169.9642
Rent YoY
Metro
Baton Rouge, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
3 events — show timeline
  • 2026-06-06 Listed $150,000 AcadianaMLS
  • 2026-06-06 Listed $150,000 GBRMLS
  • 1979-10-25 Sold (Public Records) Public Records

Property tax history

+22.7%/yr

Latest (2025): $1,035 · -0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…