1667 Ormandy Dr · Baton Rouge, LA 70808

$1

5 bd · 4.0 ba · 4,450 sqft · SingleFamily public records · 175 Days on market

Built 1945 0.36 ac lot

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.7/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Home has 5BR/4Ba's and 2 Kitchens.

Key facts

• 2nd kitchen
• 0.36 acre lot
• Built 1945

Tags

• 2ND KITCHEN

What this means for you Summary

Snapshot

• This is a 5-bed/4.0-bath single-family listed at $1.

Deal economics

• At list price, monthly cash flow is $2k ($19k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $1).
• Cap rate 1880308.6% vs local median 4.3% in Baton Rouge — 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 (#24 in LA, #4,535 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: amenities D, crime F, employment D-.
• 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.
• Market conditions: Rents rising (+1.5%/yr); 297 active listings in the ZIP; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• This rent runs 34% of the median local income ($69k/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 $0 of loan paydown is wiped out by about $0 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 + 1.5% rent growth), your $0 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 175 days — a 12% lower offer ($0) is reasonable based on typical stale-listing flexibility.
• 19 sale attempts since 7y ago; this cycle's ask has dropped $410k (100%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1945 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1

Questions for the listing agent

1. It's been on market 175 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1945 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 198345.00% ✓
• Cap rate: 1880308.60%
• Cash-on-cash: 6715365.38%
• DSCR: 298796.97
• GRM: 0.0

CMA / ARV

• ARV (on-the-fly): $1,143,650
• Comps found: 7

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1932 Glenmore Ave	0.63mi	5/4.0	4,213 (-5%)	6mo	$1,499,000	$356	57
4425 Woodside Dr	0.49mi	5/5.5	4,268 (-4%)	13mo	$1,595,000	$374	53
1744 Longwood Dr	0.42mi	4/5.0 (-1)	4,611 (+4%)	16mo	$925,000	$201	52
730 Mouton St	0.66mi	4/5.0 (-1)	4,280 (-4%)	2mo	$1,099,000	$257	52
4363 Woodside Dr	0.51mi	4/4.5 (-1)	4,296 (-4%)	20mo	$778,000	$181	47
4706 Westdale Dr	0.25mi	4/2.5 (-1)	3,848 (-14%)	15mo	$840,000	$218	42
4352 Woodside Dr	0.54mi	4/5.5 (-1)	4,941 (+11%)	7mo	$1,995,000	$404	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 · 1.54% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 346270.80×
• Total profit: $96,956
• Equity at exit: $0

10-year hold

• IRR: —
• Equity multiple: 720037.91×
• Total profit: $201,610
• Equity at exit: $0

Cash invested: $0 (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 70808

• Rents YoY: 1.5%
• Active inventory: 297

Monthly cashflow live

• Estimated rent: $1,983 medium
• Mortgage (P&I): −$0
• Tax est. 1.5%: −$0 /mo · $0/yr
• Insurance: −$0
• HOA: −$0
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $1,567

Break-even live

Break-even rent —

Max offer price $1

Occupancy floor 16%

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: $0
• Closing costs: $0
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-04-11
   status Pending 34-char remark

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

2. 2026-04-11
   status Pending

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

3. 2026-04-01
   status Active 34-char remark

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

4. 2026-04-01
   price $1 34-char remark

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

5. 2026-04-01
   status Active

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

6. 2026-04-01
   price $1

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

7. 2026-02-06
   price $319,900 34-char remark

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

8. 2026-02-06
   price $319,900

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

9. 2026-01-08
   price $349,900 34-char remark

   Show marketing remark (34 chars)

   Home has 5BR/4Ba's and 2 Kitchens.

10. 2026-01-08
    status Active

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

11. 2026-01-08
    price $349,900

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

12. 2025-11-26
    status Pending
13. 2025-11-04
    price $1 34-char remark

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

14. 2025-11-04
    price $1

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

15. 2025-10-30
    price $349,900 34-char remark

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

16. 2025-10-30
    price $349,900

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

17. 2025-10-24
    price $379,900

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

18. 2025-10-24
    price $379,900 34-char remark

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

19. 2025-09-22
    status Active
20. 2025-08-11
    price $409,900 34-char remark

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

21. 2025-08-11
    price $409,900

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

22. 2025-05-13
    listed $419,900 Active 34-char remark

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

23. 2025-05-13
    listed $419,900 Active

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

24. 2025-05-13
    listed $409,900 Active

    Show marketing remark (34 chars)

    Home has 5BR/4Ba's and 2 Kitchens.

25. 2024-12-05
    historical
26. 2024-11-22
    price $1
27. 2024-11-14
    soldstatus $265,000
28. 2024-10-03
    listed $100 Active
29. 2024-10-03
    listed $1 Active
30. 2024-06-18
    historical
31. 2024-05-14
    status Pending
32. 2023-03-06
    historical
33. 2023-01-22
    price $445,000
34. 2022-12-13
    listed $460,000 Active
35. 2022-12-13
    listed $445,000
36. 2021-12-13
    historical
37. 2021-12-11
    soldstatus
38. 2021-11-22
    listed $2,800
39. 2021-10-20
    price $479,000
40. 2021-09-17
    listed $499,000 Active
41. 2021-09-17
    listed $479,000
42. 2020-07-28
    historical
43. 2020-06-15
    price $489,000
44. 2020-02-06
    price $499,000
45. 2020-01-26
    listed $515,000 Active
46. 2020-01-26
    listed $489,000
47. 2020-01-07
    historical
48. 2019-12-26
    listed $2,700
49. 2019-11-21
    price $549,900
50. 2019-09-26
    price $569,900

ⓘ 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 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 19 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

Taxation est. · year 1

• Rental income: $23,801
• − Mortgage interest: −$0
• − Property taxes: −$0
• − Insurance: −$0
• − Repairs & maintenance: −$1,904
• − Management: −$1,904
• − Depreciation: −$0
• Taxable income: $19,993
• Est. tax owed @ 24.0%: −$4,798
• After-tax cash flow: $14,005/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 — Baton Rouge

• Score: 74/100
• State rank: #24
• US rank: #4535

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baton Rouge, LA
• County: East Baton Rouge Parish · 399,686 people
• City population: 351,868
• Metro: Baton Rouge, LA
• Population (ZIP): 35,843
• Household income: $69,418
• Rent vs Own: 44.5% rent · 55.5% own
• Severe rent burden: 2545.0

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 (66%)
• Race & ethnicity: White 66% Black 20% Two or more races 7% Hispanic / Latino 6% Asian 5%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 12% Slovak 2% Romanian 2%
• Foreign-born: 8% · Canada, China, Vietnam
• Languages at home: 90% English-only · Spanish 2% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -351.73%
• Current HPI: 196.4406
• Rent YoY: ▲ 1.54%
• 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

+28.0% since first listed

55 events — show timeline

• 2026-04-11 Pending — AcadianaMLS
• 2026-04-11 Pending — GBRMLS
• 2026-04-01 Relisted — AcadianaMLS
• 2026-04-01 Price Changed $1 AcadianaMLS
• 2026-04-01 Relisted — GBRMLS
• 2026-04-01 Price Changed $1 GBRMLS
• 2026-02-06 Price Changed $319,900 AcadianaMLS
• 2026-02-06 Price Changed $319,900 GBRMLS
• 2026-01-08 Price Changed $349,900 AcadianaMLS
• 2026-01-08 Relisted — GBRMLS
• 2026-01-08 Price Changed $349,900 GBRMLS
• 2025-11-26 Pending — GBRMLS
• 2025-11-04 Price Changed $1 AcadianaMLS
• 2025-11-04 Price Changed $1 GBRMLS
• 2025-10-30 Price Changed $349,900 AcadianaMLS
• 2025-10-30 Price Changed $349,900 GBRMLS
• 2025-10-24 Price Changed $379,900 GBRMLS
• 2025-10-24 Price Changed $379,900 AcadianaMLS
• 2025-09-22 Relisted — GBRMLS
• 2025-08-11 Price Changed $409,900 AcadianaMLS
• 2025-08-11 Price Changed $409,900 GBRMLS
• 2025-05-13 Listed $409,900 AcadianaMLS
• 2025-05-13 Listed $419,900 GBRMLS
• 2025-05-13 Listed $419,900 AcadianaMLS
• 2024-12-05 Delisted — GBRMLS
• 2024-11-22 Price Changed $1 GBRMLS
• 2024-11-14 Sold (Public Records) $265,000 Public Records
• 2024-10-03 Listed $1 AcadianaMLS
• 2024-10-03 Listed $100 GBRMLS
• 2024-06-18 Delisted — GBRMLS
• 2024-05-14 Pending — GBRMLS
• 2023-03-06 Delisted — GBRMLS
• 2023-01-22 Price Changed $445,000 GBRMLS
• 2022-12-13 Listed $445,000 AcadianaMLS
• 2022-12-13 Listed $460,000 GBRMLS
• 2021-12-13 Delisted — GBRMLS
• 2021-12-11 Sold (MLS) — GBRMLS
• 2021-11-22 Listed $2,800 GBRMLS
• 2021-10-20 Price Changed $479,000 GBRMLS
• 2021-09-17 Listed $479,000 AcadianaMLS
• 2021-09-17 Listed $499,000 GBRMLS
• 2020-07-28 Delisted — GBRMLS
• 2020-06-15 Price Changed $489,000 GBRMLS
• 2020-02-06 Price Changed $499,000 GBRMLS
• 2020-01-26 Listed $489,000 AcadianaMLS
• 2020-01-26 Listed $515,000 GBRMLS
• 2020-01-07 Delisted — GBRMLS
• 2019-12-26 Listed $2,700 GBRMLS
• 2019-11-21 Price Changed $549,900 GBRMLS
• 2019-09-26 Price Changed $569,900 GBRMLS
• 2019-08-20 Listed $549,900 AcadianaMLS
• 2019-08-20 Listed $574,900 GBRMLS
• 2012-11-26 Sold (Public Records) $350,000 Public Records
• 2012-11-20 Sold (MLS) — GBRMLS
• 2006-03-20 Sold (Public Records) $250,000 Public Records

Property tax history

+5.8%/yr

Latest (2025): $5,394 · +4.7% YoY. Source: county tax records.