20171 Camden Ln · Hammond, LA 70403

$312,000

4 bd · 2.0 ba · 1,915 sqft · SingleFamily public records · 30 Days on market

Built 2013 $163/sqft · at area comps Est $322k · at est. $37/mo HOA · 1% of rent

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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 +13.1/30.0
• ARV discount +8.9/15.0
• DSCR +3.9/10.0
• Livability +3.5/5.0
• 1% rule +3.0/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Outstanding 4BR/2BA home located in the desirable Woodlake Estates subdivision. Built in 2013, this home offers an inviting, spacious layout. Enjoy outdoor living with a covered patio and a fully fenced backyard, great for relaxing or entertaining. Additional features include a two-car garage, a security system, an outdoor shed, a community pool, and convenient access to nearby shopping, dining, and everyday essentials. Schedule your showing today!

Key facts

• Garage
• Community pool
• Built 2013

Property features AI

Finance

• HOA & community: Homeowners association with semi-annual fee of $220; Community pool

Exterior

• Parking: Garage with garage door opener
• Security: Security system; Closed-circuit cameras
• Utilities: Public water; Public sewer; Water-heater energy-efficient feature
• Home design: Single-story; Brick, stucco and vinyl siding exterior; Shingle roof; Slab foundation; Excellent condition; City lot, rectangular (90 x 120)
• Construction: Built with brick, stucco and vinyl siding
• Exterior features: Fence; Patio (concrete, covered); Shed(s); Community pool

Interior

• Kitchen: Dishwasher; Microwave; Oven; Range
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Stainless steel appliances; Gas fireplace

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $312k.

Deal economics

• At list price, monthly cash flow is $-9 ($-106/yr) — negative.
• To cash-flow at today's rent, offer at most $310k (0.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $251k (19.6% below list).
• Recommended offer: $251k (19.6% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 5.0% in Hammond — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 69/100 on livability (#77 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: amenities C-, commute 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: Rents flat; 329 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
• At $2,509/mo this rent would consume 59% of the median local household income ($51k/yr) (locally 1201% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k 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.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($307k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 13y 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 $229k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $250,931 (19.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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: 0.80% ✗
• Cap rate: 6.26%
• Cash-on-cash: -0.12%
• DSCR: 0.99
• GRM: 10.4

CMA / ARV

• ARV (median comp): $321,863
• List price: $312,000
• Delta: -3.06%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
43421 Biscayne Dr	0.05mi	4/2.0	1,900 (-1%)	2mo	$299,000	$157	94
43460 Denali Dr	0.10mi	4/2.0	1,896 (-1%)	2mo	$297,500	$157	92
43459 Denali Dr	0.13mi	4/2.0	1,927 (+1%)	8mo	$297,000	$154	86
43449 Denali Dr	0.11mi	3/2.0 (-1)	1,951 (+2%)	1mo	$339,000	$174	86
43357 Quiet Lake Dr	0.25mi	4/2.0	1,927 (+1%)	10mo	$300,000	$156	79
43264 S Coburn Loop	0.60mi	4/2.5	1,902 (-1%)	3mo	$299,000	$157	66
43450 Denali Dr	0.08mi	3/2.5 (-1)	2,185 (+14%)	9mo	$312,000	$143	59
20049 Old Covington Hwy	0.37mi	3/2.0 (-1)	1,784 (-7%)	10mo	$212,000	$119	58
20299 Camden Ln	0.24mi	3/2.5 (-1)	2,185 (+14%)	7mo	$305,000	$140	52
43352 Rainier Dr	0.44mi	3/2.5 (-1)	2,185 (+14%)	4mo	$305,000	$140	45
44368 Lake Wind Dr	0.68mi	4/3.0	2,175 (+14%)	1mo	$349,865	$161	41
44262 Lake Wind Dr	0.68mi	4/3.0	2,175 (+14%)	4mo	$338,644	$156	38

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 · 0.33% rent growth · sell at horizon

5-year hold

• IRR: -19.3%
• Equity multiple: 0.34×
• Total profit: $-57,751
• Equity at exit: $46,520

10-year hold

• IRR: -18.3%
• Equity multiple: 0.12×
• Total profit: $-76,814
• Equity at exit: $26,976

Cash invested: $87,360 (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 70403

• Home prices YoY: -34.1%
• Rents YoY: 0.3%
• Active inventory: 329
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,509 medium
• Mortgage (P&I): −$1,636
• Tax from tax record: −$188 /mo · $2,257/yr
• Insurance: −$130
• HOA: −$37
• Vacancy / Maint / Mgmt: −$527
• Net cashflow: $-9

Break-even live

Break-even rent $2,521

Max offer price $310,437

Occupancy floor 95%

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: $78,000
• Closing costs: $9,360
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20175 Kingland Dr Hammond, LA	3.0	2.5	2300	$2,300	$1.00	43d	1	0.17mi
43293 Quiet Lake Dr Hammond, LA	4.0	2.0	1850	$3,840	$2.08	43d	1	0.34mi
44243 Kendalwood Dr Hammond, LA	3.0	2.0	1826	$2,200	$1.20	43d	1	0.94mi
19216 Dr John Lambert Dr Hammond, LA	1.0–3.0	1.0–2.0	995	$1,808	$1.82	14d	10	1.36mi

HOA detail

• Monthly dues: $37 · $444/yr
• Likely covers: poolsecurity

Listing history 15 events

1. 2026-04-29
   listed $312,000 Active 452-char remark

   Show marketing remark (452 chars)

   Outstanding 4BR/2BA home located in the desirable Woodlake Estates subdivision. Built in 2013, this home offers an inviting, spacious layout. Enjoy outdoor living with a covered patio and a fully fenced backyard, great for relaxing or entertaining. Additional features include a two-car garage, a security system, an outdoor shed, a community pool, and convenient access to nearby shopping, dining, and everyday essentials. Schedule your showing today!

2. 2026-04-29
   listed $312,000 Active 452-char remark

   Show marketing remark (452 chars)

   Outstanding 4BR/2BA home located in the desirable Woodlake Estates subdivision. Built in 2013, this home offers an inviting, spacious layout. Enjoy outdoor living with a covered patio and a fully fenced backyard, great for relaxing or entertaining. Additional features include a two-car garage, a security system, an outdoor shed, a community pool, and convenient access to nearby shopping, dining, and everyday essentials. Schedule your showing today!

3. 2019-01-11
   soldstatus $228,900 Closed
4. 2019-01-11
   soldstatus $228,900
5. 2018-12-17
   status Pending
6. 2018-12-12
   historical Pending Continue to Show
7. 2018-11-30
   status Active
8. 2018-11-29
   historical
9. 2018-11-26
   price $229,900
10. 2018-10-15
    listed $235,000 Active
11. 2018-10-15
    listed $229,900
12. 2013-06-28
    soldstatus $188,900
13. 2013-01-28
    listed $188,900
14. 2013-01-28
    listed $188,900
15. 2006-10-18
    soldstatus $2,850,000

ⓘ 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: $2,257 · $188/mo
• Projected year-2 tax: $2,257 · $188/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $30,112
• − Mortgage interest: −$17,477
• − Property taxes: −$2,257
• − Insurance: −$1,560
• − Repairs & maintenance: −$2,409
• − Management: −$2,409
• − HOA: −$444
• − Depreciation: −$9,076
• Taxable loss: −$5,520
• Est. tax savings @ 24.0%: +$1,325
• After-tax cash flow: $1,219/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 — Hammond

• Score: 69/100
• State rank: #77
• US rank: #8868

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Tangipahoa Parish · 85,958 people
• City population: 51,394
• Metro: Hammond, LA
• Population (ZIP): 30,173
• Household income: $50,976
• Rent vs Own: 33.6% rent · 66.4% own
• Severe rent burden: 1201.0

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 0.56)
• Race & ethnicity: White 55% Black 37% Hispanic / Latino 6% Two or more races 6%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 9% Serbian 1% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4% Arabic 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: ▼ -66.04%
• Current HPI: 127.4535
• Rent YoY: ▲ 0.33%
• Metro: Hammond, 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

-89.1% since first listed

17 events — show timeline

• 2026-05-30 Pending — AcadianaMLS
• 2026-05-30 Pending — GSREIN
• 2026-04-29 Listed $312,000 GSREIN
• 2026-04-29 Listed $312,000 AcadianaMLS
• 2019-01-11 Sold (Public Records) $228,900 Public Records
• 2019-01-11 Sold (MLS) $228,900 GSREIN
• 2018-12-17 Pending — GSREIN
• 2018-12-12 Contingent — GSREIN
• 2018-11-30 Relisted — GSREIN
• 2018-11-29 Listing Removed — GSREIN
• 2018-11-26 Price Changed $229,900 GSREIN
• 2018-10-15 Listed $235,000 GSREIN
• 2018-10-15 Listed $229,900 AcadianaMLS
• 2013-06-28 Sold (MLS) $188,900 GSREIN
• 2013-01-28 Listed $188,900 AcadianaMLS
• 2013-01-28 Listed $188,900 GSREIN
• 2006-10-18 Sold (Public Records) $2,850,000 Public Records

Property tax history

+0.5%/yr

Latest (2025): $2,257 · -0.5% YoY. Source: county tax records.