Trinity IV H Plan · Hammond, LA 70454

$261,990

3 bd · 2.0 ba · 1,782 sqft · SingleFamily · 281 Days on market

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Why this score? — see what drove the F 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).

• ARV discount +7.5/15.0
• Cash flow +7.1/30.0
• Livability +3.5/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• Schools +2.0/10.0
• DSCR +1.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Introducing the Trinity IV H floor plan by DSLD Homes, offering 1,782 square feet of living space and a total area of 2,384 square feet. This energy-efficient home blends modern design with comfort, creating the perfect space for families seeking a functional and stylish living environment. The open floor plan integrates the kitchen, dining, and living areas, providing a spacious and inviting atmosphere for both daily life and entertaining. The brick and siding exterior adds curb appeal and durability, while the covered rear porch offers an ideal space for outdoor relaxation or gatherings. The chef-inspired kitchen is equipped with recessed canned lighting, a walk-in pantry, and ample counter space, ensuring your cooking experience is both efficient and enjoyable. The boot bench in the utility room adds functionality and organization to the home, keeping things tidy and accessible. The master suite serves as a peaceful retreat, featuring a double master vanity, a garden master tub, a separate master shower, and a spacious walk-in master closet for all your storage needs. This home also includes three bedrooms, two bathrooms, and a two-car garage, providing plenty of room for your family and extra storage. Designed with energy-efficient features, the Trinity IV H helps to lower utility costs while ensuring year-round comfort. Whether you're hosting friends or enjoying quiet time with family, the Trinity IV H floor plan offers the perfect combination of space, energy effic

Key facts

• Open floor plan
• Walk in pantry
• Covered rear porch

Tags

• ENERGY EFFICIENT HOME
• OPEN FLOOR PLAN
• BRICK AND SIDING EXTERIOR
• COVERED REAR PORCH
• CHEF INSPIRED KITCHEN
• WALK IN PANTRY

🏗️ New construction. The $261,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $306,491.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $262k.

Deal economics

• At list price, monthly cash flow is $-433 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $244k (6.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $213k (18.6% below list).
• Recommended offer: $213k (18.6% below list) — sets the bar for 1% rule.

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; 526 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
• This rent runs 36% of the median local income ($72k/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 $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 281 days — a 12% lower offer ($231k) is reasonable based on typical stale-listing flexibility.

Recommended offer $213,336 (18.6% 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. It's been on market 281 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
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. 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?
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.70% ✗
• Cap rate: 4.60%
• Cash-on-cash: -6.05%
• DSCR: 0.73
• GRM: 12.0

CMA / ARV

• ARV (median comp): $306,491
• List price: $261,990
• Delta: -14.52%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
39692 Axis Ave	0.04mi	3/2.0	1,884 (+6%)	8mo	$276,670	$147	82
39704 Axis Ave	0.33mi	3/2.0	1,782 (0%)	6mo	$267,798	$150	80
39488 Saint Louis Ct	0.42mi	4/2.0 (+1)	1,813 (+2%)	2mo	$268,000	$148	71
40327 Sedgwick Ln	0.45mi	4/2.0 (+1)	1,829 (+3%)	1mo	$250,000	$137	69
39718 Axis Ave	0.35mi	3/2.0	1,649 (-8%)	3mo	$254,485	$154	68
39712 Axis Ave	0.34mi	3/2.0	1,621 (-9%)	5mo	$251,420	$155	65
24066 Conservation Way Ave	0.35mi	4/2.0 (+1)	1,869 (+5%)	7mo	$265,300	$142	65
24359 Dawson Ct	0.48mi	4/2.0 (+1)	1,857 (+4%)	4mo	$208,000	$112	62
40091 Cypress View Rd	0.51mi	4/2.0 (+1)	1,567 (-12%)	0mo	$239,900	$153	51
40111 Cypress Reserver Blvd	0.45mi	4/2.0 (+1)	1,567 (-12%)	4mo	$235,000	$150	50
42322 Landing View Rd	0.62mi	4/2.0 (+1)	1,957 (+10%)	2mo	$249,900	$128	48
40085 Cypress View Rd	0.50mi	4/2.0 (+1)	2,014 (+13%)	7mo	$280,000	$139	44

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 · 0.66% rent growth · sell at horizon

5-year hold

• IRR: -29.3%
• Equity multiple: 0.04×
• Total profit: $-82,102
• Equity at exit: $45,699

10-year hold

• IRR: -42.9%
• Equity multiple: -0.47×
• Total profit: $-126,070
• Equity at exit: $26,500

Cash invested: $85,817 (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 70454

• Rents YoY: 0.7%
• Active inventory: 526
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,133 medium
• Mortgage (P&I): −$1,607
• Tax est. 1.5%: −$383 /mo · $4,597/yr
• Insurance: −$128
• HOA: −$0
• Vacancy / Maint / Mgmt: −$448
• Net cashflow: $-433

Break-even live

Break-even rent $2,681

Max offer price $243,873

Occupancy floor —

Sensitivity live

Price	-10% $-221	-5% $-327	+0% $-433	+5% $-539	+10% $-645
Rent	-10% $-601	-5% $-517	+0% $-433	+5% $-348	+10% $-264
Rate	-1.0pp $-278	-0.5pp $-355	base $-433	+0.5pp $-512	+1.0pp $-593

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: $76,623
• Closing costs: $9,195
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
41095 Mersanger Rd Ponchatoula, LA	3.0	2.0	1510	$1,950	$1.29	44d	1	0.79mi
40531 Cypress Reserve Blvd Ponchatoula, LA	4.0	2.5	2597	$2,750	$1.06	44d	1	0.84mi

Listing history 18 events

1. 2026-06-19
   days on market $261,990 Active 281 DOM
2. 2026-06-18
   days on market $261,990 Active 280 DOM
3. 2026-06-17
   days on market $261,990 Active 279 DOM
4. 2026-06-16
   days on market $261,990 Active 278 DOM
5. 2026-06-15
   days on market $261,990 Active 277 DOM
6. 2026-06-14
   days on market $261,990 Active 275 DOM
7. 2026-06-13
   days on market $261,990 Active 274 DOM
8. 2026-06-10
   days on market $261,990 Active 272 DOM
9. 2026-06-09
   days on market $261,990 Active 271 DOM
10. 2026-06-08
    days on market $261,990 Active 270 DOM
11. 2026-06-07
    days on market $261,990 Active 269 DOM
12. 2026-06-05
    days on market $261,990 Active 266 DOM
13. 2026-06-03
    days on market $261,990 Active 265 DOM
14. 2026-06-02
    days on market $261,990 Active 264 DOM
15. 2026-06-01
    days on market $261,990 Active 263 DOM
16. 2026-05-31
    days on market $261,990 Active 262 DOM
17. 2026-05-30
    days on market $261,990 Active 261 DOM
18. 2025-09-12
    listed $261,990 Active 1495-char remark

    Show marketing remark (1495 chars)

    Introducing the Trinity IV H floor plan by DSLD Homes, offering 1,782 square feet of living space and a total area of 2,384 square feet. This energy-efficient home blends modern design with comfort, creating the perfect space for families seeking a functional and stylish living environment. The open floor plan integrates the kitchen, dining, and living areas, providing a spacious and inviting atmosphere for both daily life and entertaining. The brick and siding exterior adds curb appeal and durability, while the covered rear porch offers an ideal space for outdoor relaxation or gatherings. The chef-inspired kitchen is equipped with recessed canned lighting, a walk-in pantry, and ample counter space, ensuring your cooking experience is both efficient and enjoyable. The boot bench in the utility room adds functionality and organization to the home, keeping things tidy and accessible. The master suite serves as a peaceful retreat, featuring a double master vanity, a garden master tub, a separate master shower, and a spacious walk-in master closet for all your storage needs. This home also includes three bedrooms, two bathrooms, and a two-car garage, providing plenty of room for your family and extra storage. Designed with energy-efficient features, the Trinity IV H helps to lower utility costs while ensuring year-round comfort. Whether you're hosting friends or enjoying quiet time with family, the Trinity IV H floor plan offers the perfect combination of space, energy effic

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

Taxation est. · year 1

• Rental income: $25,600
• − Mortgage interest: −$17,168
• − Property taxes: −$4,597
• − Insurance: −$1,532
• − Repairs & maintenance: −$2,048
• − Management: −$2,048
• − Depreciation: −$8,916
• Taxable loss: −$10,710
• Est. tax savings @ 24.0%: +$2,570
• After-tax cash flow: $-2,622/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): 34,564
• Household income: $71,611
• Rent vs Own: 16.3% rent · 83.7% own
• Severe rent burden: 479.0

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: Predominantly White (73%)
• Race & ethnicity: White 73% Black 16% Two or more races 8% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 15% Slovak 1% Portuguese 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5%

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: ▼ -83.55%
• Current HPI: 129.6069
• Rent YoY: ▲ 0.66%
• 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

1 event — show timeline

• 2025-09-12 Listed $261,990 Zillow