8911 Gsri Ave #1325 · Gardere, LA 70810

$65,000

2 bd · 1.5 ba · 1,070 sqft · SingleFamily · 829 Days on market

Built 1982 Good condition 696 sqft lot $61/sqft · 32% below area Est $96k · 32% under $270/mo HOA · 24% of rent ↓ 19% since listing

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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 +26.3/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +8.9/10.0
• Condition / age +3.8/5.0
• Livability +3.2/5.0
• Rent growth +2.7/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort .(measurements not warranted by realtor)

Key facts

• $270 HOA
• Built 1982
• Listed 829 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $65k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $168 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $65k).
• Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.1% in Gardere — 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 64/100 on livability (#167 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A, housing A; Watch: crime D, employment D, amenities F.
• 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 flat; 625 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• This rent is only 15% of the median local income ($92k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $449 of loan paydown is wiped out by about $2k 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.

Negotiation context

• It's been on market 829 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 2y ago; this cycle's ask has dropped $15k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 24% of rent.
• 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 $57,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 829 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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: 1.73% ✓
• Cap rate: 9.39%
• Cash-on-cash: 11.05%
• DSCR: 1.49
• GRM: 4.8

CMA / ARV

• ARV (median comp): $95,833
• List price: $65,000
• Delta: -32.17%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1835 Fountain Ave	0.29mi	2/2.0	1,150 (+8%)	1mo	$155,000	$135	72
1835 General Cleburne Ave	0.53mi	2/1.0	1,105 (+3%)	8mo	$92,000	$83	61
9919 Glerma Dr	0.23mi	3/2.0 (+1)	1,222 (+14%)	2mo	$225,000	$184	56
2131 Fountain Ave	0.39mi	2/2.0	1,155 (+8%)	19mo	$124,700	$108	50
9555 Old Hermitage Pkwy	0.58mi	3/2.0 (+1)	1,200 (+12%)	1mo	$235,000	$196	45
1832 Elvin Dr	0.61mi	3/2.0 (+1)	1,112 (+4%)	20mo	$1,400	$1	42
2144 General Mouton Ave	0.68mi	3/2.0 (+1)	1,210 (+13%)	19mo	$180,000	$149	24
1954 Elvin Dr	0.66mi	3/1.0 (+1)	910 (-15%)	22mo	$120,000	$132	19

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 · 0.68% rent growth · sell at horizon

5-year hold

• IRR: -3.4%
• Equity multiple: 0.88×
• Total profit: $-2,234
• Equity at exit: $9,692

10-year hold

• IRR: 2.3%
• Equity multiple: 1.14×
• Total profit: $2,514
• Equity at exit: $5,620

Cash invested: $18,200 (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.

Methodology + full state rankings →

ZIP-level market 70810

• Rents YoY: 0.7%
• Active inventory: 625
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,123 high
• Mortgage (P&I): −$341
• Tax est. 1.5%: −$81 /mo · $975/yr
• Insurance: −$27
• HOA: −$270
• Vacancy / Maint / Mgmt: −$236
• Net cashflow: $168

Break-even live

Break-even rent $910

Max offer price $65,000

Occupancy floor 80%

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: $16,250
• Closing costs: $1,950
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8911 GSRI Ave Baton Rouge, LA	2.0	2.0	1100	$1,150	$1.05	44d	1	0.01mi
8727 Granite Dr Unit 8727-C Baton Rouge, LA	2.0	1.5	1100	$940	$0.85	19d	1	0.08mi
8723 GSRI Ave Unit 8723-B Baton Rouge, LA	2.0	1.0	853	$950	$1.11	21d	1	0.13mi
9048 GSRI Ave Unit A Baton Rouge, LA	2.0	2.0	875	$900	$1.03	44d	1	0.13mi
9058 GSRI Ave Unit D Baton Rouge, LA	3.0	2.0	875	$1,100	$1.26	44d	1	0.14mi
1434 Jasper Ave Baton Rouge, LA	2.0	1.5	1000	$800	$0.80	44d	1	0.14mi
8724 GSRI Ave Unit 8724-B Baton Rouge, LA	2.0	1.0	853	$950	$1.11	14d	1	0.15mi
1616 Jade Ave Baton Rouge, LA	2.0	1.5	1000	$900	$0.90	23d	1	0.18mi
1717 Jade Ave Unit 1 Baton Rouge, LA	2.0	1.5	1000	$900	$0.90	23d	1	0.19mi
1717 Jade Ave Unit 2 Gardere, LA	2.0	1.5	1000	$900	$0.90	44d	1	0.19mi
1646 Jade Ave Unit GM 1646-D Baton Rouge, LA	2.0	1.5	1100	$900	$0.82	14d	1	0.20mi
1646 Jade Ave Unit GM 1646-C Baton Rouge, LA	2.0	1.5	1100	$850	$0.77	44d	1	0.20mi
2029 Jasper Ave Unit 2029-D Baton Rouge, LA	3.0	2.0	1350	$1,200	$0.89	44d	1	0.29mi
2029 Jasper Ave Unit 2029-B Baton Rouge, LA	3.0	2.0	1350	$1,250	$0.93	23d	1	0.29mi
2038 Jasper Ave Unit GM 2038-C Baton Rouge, LA	2.0	1.5	1100	$900	$0.82	44d	1	0.32mi
8736 Elvin Dr Unit A Baton Rouge, LA	2.0	1.5	1140	$1,100	$0.96	44d	1	0.33mi
8736 Elvin Dr Unit C Baton Rouge, LA	2.0	1.5	1140	$1,100	$0.96	23d	1	0.33mi
8726 Elvin Dr Unit B Baton Rouge, LA	2.0	1.5	1300	$1,800	$1.38	23d	1	0.34mi
8726 Elvin Dr Unit B Baton Rouge, LA	2.0	1.5	1300	$1,800	$1.38	44d	1	0.34mi
9250 Pecan Tree Dr Baton Rouge, LA	3.0	2.0	1291	$1,650	$1.28	23d	1	0.34mi
9149 Ridge Pecan Dr Unit 9149B Gardere, LA	1.0	1.0	1000	$875	$0.88	23d	1	0.42mi
8336 Bayou Fountain Ave Unit 8336-D Baton Rouge, LA	2.0	1.5	1110	$1,045	$0.94	14d	1	0.44mi
8220 Governor Dr Baton Rouge, LA	3.0	2.0	1350	$1,350	$1.00	19d	1	0.45mi
809 Summer Breeze Dr #1108 Baton Rouge, LA	3.0	2.0	1200	$1,450	$1.21	23d	1	0.45mi
8216 Governor Dr Baton Rouge, LA	3.0	2.0	1212	$1,350	$1.11	23d	1	0.45mi
8262 Governor Dr Unit 8262-A Baton Rouge, LA	3.0	3.0	1400	$1,400	$1.00	14d	1	0.48mi
8457 Governor Dr Unit 8457-A Baton Rouge, LA	2.0	1.5	1100	$1,000	$0.91	44d	1	0.49mi
8150 Bayou Fountain Ave Unit 8150-C Baton Rouge, LA	2.0	1.5	992	$1,050	$1.06	14d	1	0.50mi
8445 Governor Dr Unit 8445-D Baton Rouge, LA	2.0	2.0	974	$945	$0.97	44d	1	0.51mi
8185 Bayou Fountain Ave Unit 8185-2 Baton Rouge, LA	2.0	1.5	1200	$1,045	$0.87	23d	1	0.53mi
8231 Bayou Fountain Ave Unit 8231-1 Baton Rouge, LA	2.0	2.0	1250	$1,200	$0.96	14d	1	0.53mi
8425 Ned Ave Unit D Baton Rouge, LA	2.0	2.0	970	$875	$0.90	44d	1	0.54mi
1773 Starboard Dr Unit 1773-1 Baton Rouge, LA	2.0	1.5	1100	$995	$0.90	19d	1	0.62mi
1648 Starboard Dr Apt C Baton Rouge, LA	2.0	1.0	980	$850	$0.87	44d	1	0.62mi
1658 Starboard Dr Unit 1658-C Baton Rouge, LA	2.0	1.5	1100	$850	$0.77	14d	1	0.62mi
2182 Gardere Ln Unit B Baton Rouge, LA	2.0	2.0	1000	$800	$0.80	23d	1	0.62mi
1934 Elvin Dr Baton Rouge, LA	3.0	2.0	1112	$1,600	$1.44	44d	1	0.64mi
8091 Bayou Fountain Ave Baton Rouge, LA	2.0	2.5	1100	$1,195	$1.09	44d	1	0.64mi
1711 Mast Dr Unit 1711-4 Baton Rouge, LA	3.0	2.5	1185	$1,100	$0.93	44d	1	0.66mi
2265 Anne Marie Dr Unit D Baton Rouge, LA	2.0	2.0	972	$800	$0.82	44d	1	0.68mi

HOA detail

• Monthly dues: $270 · $3,240/yr

Listing history 37 events

1. 2026-06-18
   days on market $65,000 Active 829 DOM
2. 2026-06-17
   days on market $65,000 Active 828 DOM
3. 2026-06-16
   days on market $65,000 Active 827 DOM
4. 2026-06-15
   days on market $65,000 Active 826 DOM
5. 2026-06-14
   days on market $65,000 Active 824 DOM
6. 2026-06-10
   days on market $65,000 Active 821 DOM
7. 2026-06-09
   days on market $65,000 Active 820 DOM
8. 2026-06-08
   days on market $65,000 Active 819 DOM
9. 2026-06-07
   days on market $65,000 Active 818 DOM
10. 2026-06-05
    days on market $65,000 Active 815 DOM
11. 2026-06-03
    days on market $65,000 Active 814 DOM
12. 2026-06-02
    days on market $65,000 Active 813 DOM
13. 2026-06-01
    days on market $65,000 Active 812 DOM
14. 2026-05-31
    days on market $65,000 Active 811 DOM
15. 2026-05-31
    days on market $65,000 Active 810 DOM
16. 2026-05-06
    price $65,000 441-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

17. 2026-05-06
    price $65,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

18. 2026-02-02
    price $68,000 442-char remark

    Show marketing remark (441 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort .(measurements not warranted by realtor)

19. 2026-02-02
    price $68,000 441-char remark

    Show marketing remark (441 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort .(measurements not warranted by realtor)

20. 2026-01-16
    status Active 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

21. 2025-12-10
    status Pending 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

22. 2025-12-02
    price $69,000 441-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

23. 2025-12-02
    price $69,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

24. 2025-08-12
    price $74,000 441-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

25. 2025-08-12
    price $74,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

26. 2025-01-27
    price $76,500 441-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

27. 2025-01-27
    price $76,500 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

28. 2024-12-11
    listed $80,000 Active 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

29. 2024-12-11
    historical 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

30. 2024-12-04
    status Active 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

31. 2024-11-30
    historical 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

32. 2024-10-01
    price $80,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

33. 2024-07-29
    price $85,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

34. 2024-05-24
    price $90,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

35. 2024-05-02
    price $98,000 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

36. 2024-01-30
    listed $80,000 Active 441-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

37. 2024-01-30
    listed $109,000 Active 442-char remark

    Show marketing remark (442 chars)

    Charming 2-bedroom, 1.5- bathroom townhome boasting a cozy fireplace in the living room. This delightful residence features two bedrooms located upstairs. Enjoy the seamless transition from indoor to outdoor living through elegant French doors that lead to a private, enclosed patio. Conveniently situated near shopping stores and entertainment venues, this townhome offers a perfect blend of comfort . (measurements not warranted by realtor)

ⓘ 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 · 21 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: $13,471
• − Mortgage interest: −$3,641
• − Property taxes: −$975
• − Insurance: −$325
• − Repairs & maintenance: −$1,078
• − Management: −$1,078
• − HOA: −$3,240
• − Depreciation: −$1,891
• Taxable income: $1,244
• Est. tax owed @ 24.0%: −$299
• After-tax cash flow: $1,713/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.

Condition & rehab AI · 7 photos

Good 75/100 Cosmetic rehab

This charming townhome offers a good condition with cosmetic updates needed to enhance its resale and rental value.

Repairs flagged

• Moderate kitchen cabinets — Dated appearance
• Minor bathroom fixtures — Need updated fixtures

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value
• Both Replace kitchen cabinets — Modernizes kitchen and adds value
• Both Install updated bathroom fixtures — Improves functionality and aesthetics

Renovation cost estimate screening

Repair item	Severity	Est. cost
kitchen cabinets · Dated appearance	Moderate	$3,000–15,000
bathroom fixtures · Need updated fixtures	Minor	$500–3,000
Total estimated repair cost · 2 items		$3,500–18,000

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and value ↑
• Both Replace kitchen cabinets — Modernizes kitchen and adds value ↑
• Both Install updated bathroom fixtures — Improves functionality and aesthetics ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Gardere

• Score: 64/100
• State rank: #167
• US rank: #14008

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gardere, LA
• County: East Baton Rouge Parish · 399,686 people
• Metro: Baton Rouge, LA
• Population (ZIP): 42,659
• Household income: $92,098
• Rent vs Own: 32.6% rent · 67.4% own
• Severe rent burden: 1106.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 55% Black 29% Hispanic / Latino 7% Two or more races 6% Asian 6%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 11% Slovak 2% Scottish 1%
• Foreign-born: 9% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 4% Other Indo-European 2% Chinese 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: ▼ -117.55%
• Current HPI: 172.7593
• Rent YoY: ▲ 0.68%
• 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

-18.8% since first listed

22 events — show timeline

• 2026-05-06 Price Changed $65,000 AcadianaMLS
• 2026-05-06 Price Changed $65,000 GBRMLS
• 2026-02-02 Price Changed $68,000 GBRMLS
• 2026-02-02 Price Changed $68,000 AcadianaMLS
• 2026-01-16 Relisted — GBRMLS
• 2025-12-10 Pending — GBRMLS
• 2025-12-02 Price Changed $69,000 AcadianaMLS
• 2025-12-02 Price Changed $69,000 GBRMLS
• 2025-08-12 Price Changed $74,000 AcadianaMLS
• 2025-08-12 Price Changed $74,000 GBRMLS
• 2025-01-27 Price Changed $76,500 AcadianaMLS
• 2025-01-27 Price Changed $76,500 GBRMLS
• 2024-12-11 Listed $80,000 GBRMLS
• 2024-12-11 Delisted — GBRMLS
• 2024-12-04 Relisted — GBRMLS
• 2024-11-30 Delisted — GBRMLS
• 2024-10-01 Price Changed $80,000 GBRMLS
• 2024-07-29 Price Changed $85,000 GBRMLS
• 2024-05-24 Price Changed $90,000 GBRMLS
• 2024-05-02 Price Changed $98,000 GBRMLS
• 2024-01-30 Listed $109,000 GBRMLS
• 2024-01-30 Listed $80,000 AcadianaMLS