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586 Jacks Rd
B Composite 74.02
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Appreciation +6.6/10.0
  • Livability +2.8/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0

$69,000

586 Jacks Rd · Hessmer, LA 71341
2 bd · 1.0 ba · 1,248 sqft · SingleFamily · 57 Days on market
Built 1948 2.10 ac lot ↓ 21% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

This home is off of Hwy 1188 tucked away in a quiet neighborhood. Surrounded by pecan trees, this house has a screened in patio to enjoy country living at its finest. This house offers an outdoor kitchen and a shed that can have many uses. This property is great for someone willing to give it some TLC. Please refer to the assessor's page for a full legal description. A new shower was just installed. House is sold "AS IS".

Key facts

  • Shed
  • New shower
  • Pecan trees

Tags

SCREENED IN PATIOOUTDOOR KITCHENPECAN TREESNEW SHOWERQUIET NEIGHBORHOODSHED

Property features AI

Finance

  • Other: Property located near Hwy 1188 (bounding street)
  • HOA & community: Acreage

Exterior

  • Parking: Attached parking
  • Home design: Single family residence; Composition roof; Frame construction
  • Construction: Frame construction; Composition roof
  • Exterior features: Covered patio/porch; Workshop; No fencing listed

Interior

  • Kitchen: Dishwasher; Refrigerator; Outdoor kitchen
  • Bedrooms: Bedroom 1; Bedroom 2
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning; Wood-burning fireplace
  • Interior features: Living room; Dining room; Kitchen; Bedrooms (2 listed)

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 2-bed/1.0-bath single-family listed at $69k.

Deal economics

  • At list price, monthly cash flow is $391 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $69k).
  • Recommended offer: $67k (3.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 56/100 on livability (#350 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: health & safety C-, employment D, schools F.
  • Avoyelles Parish (rural): math 22% / reading 30% proficiency, ranked #56 of 98 in LA (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 11 active listings in the ZIP; 15 units permitted in Avoyelles Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $3k of equity ($477 loan paydown + $2k appreciation (3.2% local appreciation)).
  • Avoyelles County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (3.2% appreciation + 3.0% rent growth), your $19k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 57 days — a 3% lower offer ($67k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1948 — 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 $66,930 (3.0% below list)

Questions for the listing agent

  1. It's been on market 57 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 1948 — 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 F-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. 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
1.50%
Cap rate
13.09%
Cash-on-cash
24.29%
DSCR
2.08
GRM
5.5

CMA / ARV

ARV (on-the-fly)
$168,480
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
620 Jacks Rd 0.06mi 3/1.5 (+1) 1,260 (+1%) 2mo $170,000 $135 87

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
30.7%
Equity multiple
2.75×
Total profit
$33,812
Equity at exit
$31,675
10-year hold
IRR
30.9%
Equity multiple
5.38×
Total profit
$84,703
Equity at exit
$49,326

Cash invested: $19,320 (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 71341

Home prices YoY
2.9%
Active inventory
11
Price-to-rent
5.5×

Monthly cashflow live

Estimated rent
$1,036 medium interval (Pro) →
Mortgage (P&I)
$362
Tax from tax record
$37 /mo · $445/yr
Insurance
$29
HOA
$0
Vacancy / Maint / Mgmt
$218
Net cashflow
$391

Break-even live

Break-even rent $541
Max offer price $69,000
Occupancy floor 57%

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
$17,250
Closing costs
$2,070
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 23 events

  1. 2026-06-19
    days on market $69,000 Active 57 DOM
  2. 2026-06-18
    days on market $69,000 Active 56 DOM
  3. 2026-06-17
    days on market $69,000 Active 55 DOM
  4. 2026-06-16
    days on market $69,000 Active 54 DOM
  5. 2026-06-15
    days on market $69,000 Active 53 DOM
  6. 2026-06-14
    days on market $69,000 Active 51 DOM
  7. 2026-06-13
    days on market $69,000 Active 50 DOM
  8. 2026-06-10
    days on market $69,000 Active 48 DOM
  9. 2026-06-09
    days on market $69,000 Active 47 DOM
  10. 2026-06-08
    days on market $69,000 Active 46 DOM
  11. 2026-06-07
    days on market $69,000 Active 45 DOM
  12. 2026-06-03
    days on market $69,000 Active 41 DOM
  13. 2026-06-03
    price $69,000 Active 40 DOM
  14. 2026-06-02
    days on market $79,000 Active 40 DOM
  15. 2026-06-01
    days on market $79,000 Active 39 DOM
  16. 2026-05-31
    days on market $79,000 Active 38 DOM
  17. 2026-05-30
    days on market $79,000 Active 37 DOM
  18. 2026-04-23
    listed $79,000 Active
  19. 2026-01-26
    price $85,000
  20. 2025-12-03
    price $95,000
  21. 2025-11-13
    status Active
  22. 2025-11-05
    status Pending
  23. 2025-10-17
    listed $100,000 Active

ⓘ 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
$445 · $37/mo
Projected year-2 tax
$445 · $37/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 3/10 Moderate FEMA zone X · 20% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥112°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$12,435
− Mortgage interest
−$3,865
− Property taxes
−$445
− Insurance
−$345
− Repairs & maintenance
−$995
− Management
−$995
− Depreciation
−$2,007
Taxable income
$3,784
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$908
After-tax cash flow
$3,784/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
Avoyelles Parish
NCES district ID
2200150
Math proficiency
22% ▼ -32.00%
Reading proficiency
30% ▼ -29.00%
Median HH income
$33,891
Composite
21.32/100
National rank
#8378
State rank
#56 of 98 in LA

Livability — Hessmer

Score
56/100
State rank
#350
US rank
#22995

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
2,901

Population outlook (Avoyelles County) Hauer SSP2

Today (2025)
39,084 people
By 2030
37,784 · -3.3%
By 2040
35,049 · -10.3%
By 2050
32,225 · -17.5%
By 2075
25,695 · -34.3%
By 2100
18,985 · -51.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (71%)
Race & ethnicity
White 71% Black 19% Hispanic / Latino 6% Two or more races 5%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Lithuanian 26% Iranian 1% Russian 1%
Foreign-born
1% · Canada
Languages at home
82% English-only · French/Haitian/Cajun 14% Spanish 2% Arabic 1%

Political lean MEDSL · Avoyelles

2024 margin
Solid R (+43.1) · D 27.8% · R 71.0% · Other 1.2%
2008→2024 swing
-20.1pp toward R · 2008: -23.1pp · 2024: -43.1pp
All cycles
2024: R+43.1 2020: R+40.8 2016: R+37.0 2012: R+27.0 2008: R+23.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 3.17%
Current HPI
113.6662
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

-21.0% since first listed
6 events — show timeline
  • 2026-04-23 Listed $79,000 AcadianaMLS
  • 2026-01-26 Price Changed $85,000 AcadianaMLS
  • 2025-12-03 Price Changed $95,000 AcadianaMLS
  • 2025-11-13 Relisted AcadianaMLS
  • 2025-11-05 Pending AcadianaMLS
  • 2025-10-17 Listed $100,000 AcadianaMLS

Property tax history

+3.2%/yr

Latest (2025): $445 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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