1905 Yorktowne Dr · Laplace, LA 70068

$151,900

3 bd · 2.0 ba · 1,421 sqft · SingleFamily · 4 Days on market

Built 1978 5,000 sqft lot Est $188k · 19% under

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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 +25.2/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +6.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious three-bedroom, two-bath home waiting for someone with vision to make it uniquely their own. Located on a quiet street in LaPlace, this home offers a functional floor plan featuring a welcoming living room, a cozy breakfast nook, and a spacious great room that's perfect for entertaining, family gatherings, or relaxing at the end of the day. The home also boasts generously sized bedrooms and a private en-suite primary suite. With a little fresh paint and a few minor repairs, this property has the potential to truly shine. Residents enjoy the charm of a close-knit community while remaining conveniently located between New Orleans and Baton Rouge, with easy access to shopping, dining, schools, parks, and major highways. Whether you're a first-time homebuyer, investor, or someone looking to create a personalized space to call home, this is an excellent opportunity to build equity and enjoy all that LaPlace has to offer.

Key facts

• Cozy breakfast nook
• Spacious great room
• 5,000 sq ft lot

Tags

• FUNCTIONAL FLOOR PLAN
• WELCOMING LIVING ROOM
• COZY BREAKFAST NOOK
• SPACIOUS GREAT ROOM
• PRIVATE EN-SUITE PRIMARY SUITE
• EASY ACCESS TO SHOPPING

Property features AI

Exterior

• Parking: Off-street parking; Driveway
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Single-story; Brick and vinyl siding exterior; Shingle roof; Slab foundation; Average condition; Rectangular city lot (50 x 100)
• Construction: Built with brick and vinyl siding; Shingle roof; Slab foundation
• Exterior features: Fenced yard; Permeable paving; Concrete patio/porch

Interior

• Kitchen: Microwave; Oven; Range; Refrigerator
• Bedrooms: Total rooms: 7
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning; HVAC energy-efficient features
• Interior features: Attic; Ceiling fans; Cathedral ceilings; Guest accommodations; High ceilings; Pull-down attic stairs; Vaulted ceilings; Wood-burning fireplace
• Laundry & utility: Washer hookup; Dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $152k.

Deal economics

• At list price, monthly cash flow is $274 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $152k).
• Cap rate 9.0% vs local median 4.8% in Laplace — 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 70/100 on livability (#61 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• St. John The Baptist Parish (suburban): math 13% / reading 25% proficiency, ranked #68 of 98 in LA (top 69%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 180 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 61 units permitted in St. John the Baptist Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 31% of the median local income ($68k/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 $5k of value loss. Plan a longer hold.
• St. John the Baptist County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 sale attempts since 23y ago 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 $128k; 19% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; 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 $151,900

Questions for the listing agent

1. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.16% ✓
• Cap rate: 8.98%
• Cash-on-cash: 9.60%
• DSCR: 1.43
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $187,572
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1716 Virginian Colony Ave	0.20mi	3/2.0	1,372 (-3%)	4mo	$205,000	$149	81
2036 Lafitte St	0.30mi	3/2.0	1,358 (-4%)	0mo	$185,000	$136	78
756 Lemoyne Dr	0.41mi	3/2.0	1,400 (-2%)	2mo	$122,900	$88	76
2413 Yorktowne Dr	0.48mi	3/2.0	1,455 (+2%)	2mo	$95,000	$65	72
701 La Salle Dr	0.54mi	3/2.0	1,490 (+5%)	1mo	$192,000	$129	66
705 Lemoyne Dr	0.50mi	3/2.0	1,500 (+6%)	4mo	$148,000	$99	65
734 Bienville St	0.29mi	3/2.0	1,237 (-13%)	2mo	$127,400	$103	64
2324 Williamsburg Dr	0.42mi	3/2.0	1,628 (+15%)	1mo	$182,500	$112	56
509 Chatsworth Dr	0.49mi	3/2.0	1,600 (+13%)	4mo	$239,000	$149	53
388 Fairway Dr	0.71mi	3/2.0	1,286 (-10%)	1mo	$175,000	$136	50
48 Tuscany Dr	0.63mi	3/2.0	1,586 (+12%)	3mo	$210,000	$132	48
388 Hester Dr	0.73mi	3/2.0	1,225 (-14%)	3mo	$186,000	$152	40

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: -4.5%
• Equity multiple: 0.83×
• Total profit: $-7,100
• Equity at exit: $22,649

10-year hold

• IRR: 5.3%
• Equity multiple: 1.39×
• Total profit: $16,556
• Equity at exit: $13,134

Cash invested: $42,532 (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 70068

• Home prices YoY: -20.1%
• Active inventory: 180
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,760 medium
• Mortgage (P&I): −$797
• Tax est. 1.5%: −$190 /mo · $2,278/yr
• Insurance: −$63
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$370
• Net cashflow: $274

Break-even live

Break-even rent $1,413

Max offer price $151,900

Occupancy floor 79%

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: $37,975
• Closing costs: $4,557
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1716 Yorktowne Dr Laplace, LA	4.0	1.0	1509	$1,500	$0.99	24d	1	0.09mi

Listing history 5 events

1. 2026-06-19
   days on market $151,900 Active 4 DOM
2. 2026-06-18
   days on market $151,900 Active 3 DOM
3. 2026-06-17
   days on market $151,900 Active 2 DOM
4. 2026-06-16
   remarks 699-char remark
5. 2026-06-16
   listed $151,900 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 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: $21,116
• − Mortgage interest: −$8,509
• − Property taxes: −$2,278
• − Insurance: −$1,557
• − Repairs & maintenance: −$1,689
• − Management: −$1,689
• − Depreciation: −$4,419
• Taxable income: $974
• Est. tax owed @ 24.0%: −$234
• After-tax cash flow: $3,053/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: St. John The Baptist Parish
• NCES district ID: 2201530
• Math proficiency: 13% ▼ -42.00%
• Reading proficiency: 25% ▼ -39.00%
• Median HH income: $50,280
• Composite: 17.07/100
• National rank: #9120
• State rank: #68 of 98 in LA

Livability — Laplace

• Score: 70/100
• State rank: #61
• US rank: #7898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Laplace, LA
• County: Saint John the Baptist Parish · 32,720 people
• Metro: New Orleans-Metairie, LA
• Population (ZIP): 32,720
• Household income: $68,459
• Rent vs Own: 22.6% rent · 77.4% own
• Severe rent burden: 750.0

Population outlook (St. John the Baptist County) Hauer SSP2

• Today (2025): 40,972 people
• By 2030: 39,295 · -4.1%
• By 2040: 35,902 · -12.4%
• By 2050: 32,988 · -19.5%
• By 2075: 28,661 · -30.0%
• By 2100: 26,456 · -35.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Black 51% White 34% Hispanic / Latino 9% Two or more races 5% Asian 1%
• Hispanic origin (detail): Puerto Rican 1%
• Common ancestry: Lithuanian 11%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 6% Tagalog/Filipino 1%

Political lean MEDSL · St. John the Baptist

• 2024 margin: Strong D (+29.1) · D 64.0% · R 34.8% · Other 1.2%
• 2008→2024 swing: +12.9pp toward D · 2008: 16.2pp · 2024: 29.1pp
• All cycles: 2024: D+29.1 2020: D+28.2 2016: D+24.5 2012: D+26.3 2008: D+16.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -60.04%
• Current HPI: 239.1429
• Rent YoY: —
• Metro: New Orleans-Metairie, 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

+68.8% since first listed

8 events — show timeline

• 2026-06-15 Listed $151,900 GSREIN
• 2026-06-15 Listed $151,900 AcadianaMLS
• 2006-07-18 Sold (MLS) $128,000 GSREIN
• 2006-02-22 Listed $130,000 GSREIN
• 2006-02-22 Listed $130,000 AcadianaMLS
• 2003-10-07 Sold (MLS) $78,000 GSREIN
• 2003-04-01 Listed $90,000 GSREIN
• 2003-04-01 Listed $90,000 AcadianaMLS

Property tax history

-14.6%/yr

Latest (2025): $188 · +0.1% YoY. Source: county tax records.