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210 Short St
C Composite 57.62
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 +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +7.5/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.0/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$190,000

210 Short St · Amite City, LA 70422
3 bd · 2.0 ba · 1,988 sqft · SingleFamily public records · 51 Days on market
Built 1954 0.33 ac lot $96/sqft · 38% above area Est $131k · 45% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This charming 3-bedroom, 2-bath spacious home offers 1,988 square feet of living space in city limits on a spacious 0.33 acre lot within city limits. The property features fenced-in ample space backyard, play space for pets, outdoor entertaining area, along with a concrete patio. Shed. Conveniently located just minutes from local restaurants, shopping, and everyday amenities. Roof Installed 2022. AC & Water Heater is 2020. With a little TLC, this property has the potential to become your dream home.

Key facts

  • Concrete patio
  • Play space for pets
  • 0.33 acre lot

Tags

FENCED-IN AMPLE SPACE BACKYARDOUTDOOR ENTERTAINING AREACONCRETE PATIOPLAY SPACE FOR PETS

Property features AI

Exterior

  • Parking: Driveway; Three or more parking spaces; Boat parking; RV access/parking
  • Security: Smoke detectors
  • Utilities: Public water; Public sewer
  • Home design: Single-story home; Raised foundation; Brick, cedar and glass exterior elements; Shingle roof; Property in very good condition; Renovated in 2025 (including new French doors)
  • Construction: Shingle roof; Constructed with brick, cedar and glass; Raised foundation; Roof replaced in 2022; Upstairs furnaces updated in 2022; Water heater replaced in 2020
  • Exterior features: Courtyard; Fenced yard; Oversized concrete patio; Storage shed(s); Waterfront

Interior

  • Kitchen: Range; Refrigerator
  • Bedrooms: Bedrooms with new laminate flooring (renovated 2025)
  • Flooring: New laminate flooring in bedrooms (2025)
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Air conditioning (installed 2021)
  • Interior features: Ceiling fans; High-speed internet available; Cable TV ready; Wood-burning fireplace
  • Laundry & utility: Washer hookup; Dryer hookup

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 3-bed/2.0-bath single-family listed at $190k.

Deal economics

  • At list price, monthly cash flow is $751 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $190k).
  • Recommended offer: $184k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 62/100 on livability (#223 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: crime D, housing D, schools D-.
  • 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: 86 active listings in the ZIP; 1,085 units permitted in Tangipahoa Parish in 2024 (378 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.
  • Tangipahoa County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($184k) is reasonable based on typical stale-listing flexibility.
  • 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.
  • Current owner paid $65k; list at $190k implies a 192% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.
  • 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 $184,300 (3.0% below list)

Questions for the listing agent

  1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.25%
Cap rate
11.04%
Cash-on-cash
16.94%
DSCR
1.75
GRM
6.7

CMA / ARV

ARV (median comp)
$131,114
List price
$190,000
Delta
44.91%
Verdict
OVERPRICED
Comps
16 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
102 E Pine St 0.46mi 2/2.0 (-1) 1,703 (-14%) 13mo $130,000 $76 39

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
8.1%
Equity multiple
1.32×
Total profit
$16,976
Equity at exit
$28,330
10-year hold
IRR
17.4%
Equity multiple
2.43×
Total profit
$76,071
Equity at exit
$16,428

Cash invested: $53,200 (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.

ZIP-level market 70422

Active inventory
86
Price-to-rent
6.7×

Monthly cashflow live

Estimated rent
$2,379 medium interval (Pro) →
Mortgage (P&I)
$996
Tax from tax record
$53 /mo · $636/yr
Insurance
$79
HOA
$0
Vacancy / Maint / Mgmt
$500
Net cashflow
$751

Break-even live

Break-even rent $1,429
Max offer price $190,000
Occupancy floor 63%

Sensitivity live

Price -10% $859 -5% $805 +0% $751 +5% $697 +10% $644
Rent -10% $563 -5% $657 +0% $751 +5% $845 +10% $939
Rate -1.0pp $847 -0.5pp $799 base $751 +0.5pp $702 +1.0pp $652

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
$47,500
Closing costs
$5,700
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.

Listing history 20 events

  1. 2026-06-19
    days on market $190,000 Active 51 DOM
  2. 2026-06-18
    days on market $190,000 Active 50 DOM
  3. 2026-06-17
    days on market $190,000 Active 49 DOM
  4. 2026-06-16
    days on market $190,000 Active 48 DOM
  5. 2026-06-15
    days on market $190,000 Active 47 DOM
  6. 2026-06-14
    days on market $190,000 Active 45 DOM
  7. 2026-06-13
    days on market $190,000 Active 44 DOM
  8. 2026-06-10
    days on market $190,000 Active 42 DOM
  9. 2026-06-09
    days on market $190,000 Active 41 DOM
  10. 2026-06-08
    days on market $190,000 Active 40 DOM
  11. 2026-06-07
    days on market $190,000 Active 39 DOM
  12. 2026-06-05
    days on market $190,000 Active 36 DOM
  13. 2026-06-03
    days on market $190,000 Active 35 DOM
  14. 2026-06-02
    days on market $190,000 Active 34 DOM
  15. 2026-06-01
    days on market $190,000 Active 33 DOM
  16. 2026-05-31
    days on market $190,000 Active 32 DOM
  17. 2026-05-30
    days on market $190,000 Active 31 DOM
  18. 2026-04-29
    listed $190,000 Active 510-char remark
    Show marketing remark (508 chars)

    This charming 3-bedroom, 2-bath spacious home offers 1,988 square feet of living space in city limits on a spacious 0.33 acre lot within city limits. The property features fenced-in ample space backyard, play space for pets, outdoor entertaining area, along with a concrete patio. Shed. Conveniently located just minutes from local restaurants, shopping, and everyday amenities. Roof Installed 2022. AC & Water Heater is 2020. With a little TLC, this property has the potential to become your dream home.

  19. 2026-04-29
    listed $190,000 Active 508-char remark
    Show marketing remark (508 chars)

    This charming 3-bedroom, 2-bath spacious home offers 1,988 square feet of living space in city limits on a spacious 0.33 acre lot within city limits. The property features fenced-in ample space backyard, play space for pets, outdoor entertaining area, along with a concrete patio. Shed. Conveniently located just minutes from local restaurants, shopping, and everyday amenities. Roof Installed 2022. AC & Water Heater is 2020. With a little TLC, this property has the potential to become your dream home.

  20. 1999-12-01
    soldstatus $65,000

ⓘ 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
$636 · $53/mo
Projected year-2 tax
$1,045 · $87/mo
Expected delta
+$409/yr (+$34/mo · 64.2%)

ⓘ 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 ≥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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,553
− Mortgage interest
−$10,643
− Property taxes
−$636
− Insurance
−$950
− Repairs & maintenance
−$2,284
− Management
−$2,284
− Depreciation
−$5,527
Taxable income
$6,228
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,495
After-tax cash flow
$7,519/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 — Amite City

Score
62/100
State rank
#223
US rank
#17049

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Amite City, LA
Population (ZIP)
13,670

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 0.58)
Race & ethnicity
White 50% Black 42% Two or more races 6% Hispanic / Latino 3%
Common ancestry
Lithuanian 5% Italian 1% Serbian 1%
Foreign-born
1% · Canada, China
Languages at home
98% English-only · Spanish 1% French/Haitian/Cajun 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
▼ -132.04%
Current HPI
111.207
Rent YoY
Metro
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+192.3% since first listed
3 events — show timeline
  • 2026-04-29 Listed $190,000 AcadianaMLS
  • 2026-04-29 Listed $190,000 GSREIN
  • 1999-12-01 Sold (Public Records) $65,000 Public Records

Property tax history

+4.0%/yr

Latest (2025): $636 · +1.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…