21480 La Hwy 16 · Port Vincent, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
- Schools +4.0/10.0
- Rent growth +3.5/5.0
- Livability +3.2/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Rare Investment Opportunity: 2.47-Acre Country Retreat with In-Ground Pool - No Flood Zone! Unlock the incredible potential of this spacious country home, perfectly situated on 2.47 sprawling acres. Offering the ultimate "blank canvas," this property is a dream for investors, flippers, or DIY enthusiasts looking to build sweat equity in a serene, private setting. The Vision: The interior features a desirable open floor plan with a massive den and a large dining room. The great room is flooded with natural light from a wall of windows and features a classic brick fireplace, providing a stunning foundation for a modern renovation. Outdoor Assets: Poolside Living: The backyard features an existing in-ground pool, ready to be restored into a private summer oasis. Curb Appeal: A deep, covered front porch spans the home, perfect for morning coffee and enjoying the quiet landscape. Acreage: Nearly 2.5 acres of "high and dry" land with mature trees, offering plenty of space for a workshop, garden, or expansion. Peace of Mind: Located in a No-Flood Zone, this property has no history of flooding, saving you on insurance costs and protecting your investment. Sold AS-IS. This is a rare chance to acquire significant acreage with established amenities at an affordable price point. Bring your tools and your vision to transform this diamond in the rough into a premier country estate!
Key facts
- In-ground pool
- Open floor plan
- No flood zone
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $664 ($8k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
- Cap rate 14.3% vs local median 4.3% in Port Vincent — 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 65/100 on livability (#142 in LA) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, cost of living A; Watch: schools F, amenities F, commute F.
- Livingston Parish (suburban): math 40% / reading 52% proficiency, ranked #13 of 98 in LA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+3.8%/yr); 976 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Livingston County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 3.8% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 147 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 22y ago; this cycle's ask has dropped $50k (33%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- 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.
Questions for the listing agent
- It's been on market 147 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 14.26%
- Cash-on-cash
- 28.47%
- DSCR
- 2.27
- GRM
- 4.8
CMA / ARV
- ARV (median comp)
- $262,908
- List price
- $100,000
- Delta
- -61.96%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 3 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 21465 La Hwy 16 | 0.12mi | 4/2.0 (+1) | 1,933 (+2%) | 14mo | $84,900 | $44 | 75 |
| 21704 La Hwy 16 | 0.44mi | 3/2.0 | 1,890 (-0%) | 13mo | $285,000 | $151 | 68 |
| 13122 N Montrose North Dr | 0.17mi | 3/2.0 | 1,720 (-10%) | 16mo | $210,000 | $122 | 63 |
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 · 3.83% rent growth · sell at horizon
- IRR
- 23.7%
- Equity multiple
- 1.99×
- Total profit
- $27,592
- Equity at exit
- $14,910
- IRR
- 32.1%
- Equity multiple
- 4.03×
- Total profit
- $84,704
- Equity at exit
- $8,646
Cash invested: $28,000 (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
ZIP-level market 70726
- Rents YoY
- 3.8%
- Active inventory
- 976
- Price-to-rent
- 4.8×
Monthly cashflow live
- Estimated rent
- $1,726 medium interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax from tax record
- −$133 /mo · $1,601/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$363
- Net cashflow
- $664
Break-even live
Sensitivity live
| Price | -10% $721 | -5% $693 | +0% $664 | +5% $636 | +10% $608 |
|---|---|---|---|---|---|
| Rent | -10% $528 | -5% $596 | +0% $664 | +5% $733 | +10% $801 |
| Rate | -1.0pp $715 | -0.5pp $690 | base $664 | +0.5pp $638 | +1.0pp $612 |
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
- $25,000
- Closing costs
- $3,000
- 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.
Rent comps 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 13419 Hammack Rd Unit A Denham Springs, LA | 2.0 | 2.0 | 1375 | $1,350 | $0.98 | 24d | 1 | 0.78mi |
| 22871 Balsam Dr Denham Springs, LA | 4.0 | 2.0 | 1814 | $1,975 | $1.09 | 24d | 1 | 1.24mi |
| 22862 Monterey Ave Dennis Mills, LA | 3.0 | 2.0 | 1618 | $1,875 | $1.16 | 44d | 1 | 1.34mi |
Listing history 25 events
-
2026-06-18days on market $100,000 Active 147 DOM
-
2026-06-17days on market $100,000 Active 146 DOM
-
2026-06-16days on market $100,000 Active 145 DOM
-
2026-06-15days on market $100,000 Active 144 DOM
-
2026-06-14days on market $100,000 Active 142 DOM
-
2026-06-13days on market $100,000 Active 141 DOM
-
2026-06-10days on market $100,000 Active 139 DOM
-
2026-06-08days on market $100,000 Active 137 DOM
-
2026-06-07days on market $100,000 Active 136 DOM
-
2026-06-03days on market $100,000 Active 132 DOM
-
2026-06-02days on market $100,000 Active 131 DOM
-
2026-06-01days on market $100,000 Active 130 DOM
-
2026-05-31days on market $100,000 Active 129 DOM
-
2026-05-31pricedays on market $100,000 Active 128 DOM
-
2026-03-16price $125,000 1410-char remark
Show marketing remark (1419 chars)
Rare Investment Opportunity: 2.47-Acre Country Retreat with In-Ground Pool – No Flood Zone! Unlock the incredible potential of this spacious country home, perfectly situated on 2.47 sprawling acres. Offering the ultimate "blank canvas, " this property is a dream for investors, flippers, or DIY enthusiasts looking to build sweat equity in a serene, private setting. The Vision: The interior features a desirable open floor plan with a massive den and a large dining room. The great room is flooded with natural light from a wall of windows and features a classic brick fireplace, providing a stunning foundation for a modern renovation. Outdoor Assets: Poolside Living: The backyard features an existing in-ground pool, ready to be restored into a private summer oasis. Curb Appeal: A deep, covered front porch spans the home, perfect for morning coffee and enjoying the quiet landscape. Acreage: Nearly 2.5 acres of "high and dry" land with mature trees, offering plenty of space for a workshop, garden, or expansion. Peace of Mind: Located in a No-Flood Zone, this property has no history of flooding, saving you on insurance costs and protecting your investment. Sold AS-IS. This is a rare chance to acquire significant acreage with established amenities at an affordable price point. Bring your tools and your vision to transform this diamond in the rough into a premier country estate!
-
2026-03-16price $125,000 1419-char remark
Show marketing remark (1419 chars)
Rare Investment Opportunity: 2.47-Acre Country Retreat with In-Ground Pool – No Flood Zone! Unlock the incredible potential of this spacious country home, perfectly situated on 2.47 sprawling acres. Offering the ultimate "blank canvas, " this property is a dream for investors, flippers, or DIY enthusiasts looking to build sweat equity in a serene, private setting. The Vision: The interior features a desirable open floor plan with a massive den and a large dining room. The great room is flooded with natural light from a wall of windows and features a classic brick fireplace, providing a stunning foundation for a modern renovation. Outdoor Assets: Poolside Living: The backyard features an existing in-ground pool, ready to be restored into a private summer oasis. Curb Appeal: A deep, covered front porch spans the home, perfect for morning coffee and enjoying the quiet landscape. Acreage: Nearly 2.5 acres of "high and dry" land with mature trees, offering plenty of space for a workshop, garden, or expansion. Peace of Mind: Located in a No-Flood Zone, this property has no history of flooding, saving you on insurance costs and protecting your investment. Sold AS-IS. This is a rare chance to acquire significant acreage with established amenities at an affordable price point. Bring your tools and your vision to transform this diamond in the rough into a premier country estate!
-
2026-01-22$150,000 Active 1410-char remark
Show marketing remark (1419 chars)
Rare Investment Opportunity: 2.47-Acre Country Retreat with In-Ground Pool – No Flood Zone! Unlock the incredible potential of this spacious country home, perfectly situated on 2.47 sprawling acres. Offering the ultimate "blank canvas, " this property is a dream for investors, flippers, or DIY enthusiasts looking to build sweat equity in a serene, private setting. The Vision: The interior features a desirable open floor plan with a massive den and a large dining room. The great room is flooded with natural light from a wall of windows and features a classic brick fireplace, providing a stunning foundation for a modern renovation. Outdoor Assets: Poolside Living: The backyard features an existing in-ground pool, ready to be restored into a private summer oasis. Curb Appeal: A deep, covered front porch spans the home, perfect for morning coffee and enjoying the quiet landscape. Acreage: Nearly 2.5 acres of "high and dry" land with mature trees, offering plenty of space for a workshop, garden, or expansion. Peace of Mind: Located in a No-Flood Zone, this property has no history of flooding, saving you on insurance costs and protecting your investment. Sold AS-IS. This is a rare chance to acquire significant acreage with established amenities at an affordable price point. Bring your tools and your vision to transform this diamond in the rough into a premier country estate!
-
2026-01-22$150,000 Active 1419-char remark
Show marketing remark (1419 chars)
Rare Investment Opportunity: 2.47-Acre Country Retreat with In-Ground Pool – No Flood Zone! Unlock the incredible potential of this spacious country home, perfectly situated on 2.47 sprawling acres. Offering the ultimate "blank canvas, " this property is a dream for investors, flippers, or DIY enthusiasts looking to build sweat equity in a serene, private setting. The Vision: The interior features a desirable open floor plan with a massive den and a large dining room. The great room is flooded with natural light from a wall of windows and features a classic brick fireplace, providing a stunning foundation for a modern renovation. Outdoor Assets: Poolside Living: The backyard features an existing in-ground pool, ready to be restored into a private summer oasis. Curb Appeal: A deep, covered front porch spans the home, perfect for morning coffee and enjoying the quiet landscape. Acreage: Nearly 2.5 acres of "high and dry" land with mature trees, offering plenty of space for a workshop, garden, or expansion. Peace of Mind: Located in a No-Flood Zone, this property has no history of flooding, saving you on insurance costs and protecting your investment. Sold AS-IS. This is a rare chance to acquire significant acreage with established amenities at an affordable price point. Bring your tools and your vision to transform this diamond in the rough into a premier country estate!
-
2010-08-16$137,500
-
2010-08-16$137,500
-
2010-01-08$137,500
-
2010-01-08$137,500
-
2004-12-02soldstatus
-
2004-09-16$113,900
-
2004-09-16$113,900
ⓘ 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
- $1,601 · $133/mo
- Projected year-2 tax
- $1,601 · $133/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- 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 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,717
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,601
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,657
- − Management
- −$1,657
- − Depreciation
- −$2,909
- Taxable income
- $6,790
- Est. tax owed @ 24.0%
- −$1,630
- After-tax cash flow
- $6,342/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
- Livingston Parish
- NCES district ID
- 2201020
- Math proficiency
- 40% ▼ -38.00%
- Reading proficiency
- 52% ▼ -32.00%
- Median HH income
- $56,755
- Composite
- 40.07/100
- National rank
- #3811
- State rank
- #13 of 98 in LA
Livability — Port Vincent
- Score
- 65/100
- State rank
- #142
- US rank
- #12539
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Livingston Parish · 87,496 people
- Metro
- Baton Rouge, LA
- Population (ZIP)
- 63,575
- Household income
- $78,621
- Rent vs Own
- Severe rent burden
- 1211.0
Population outlook (Livingston County) Hauer SSP2
- Today (2025)
- 158,511 people
- By 2030
- 168,241 · +6.1%
- By 2040
- 186,252 · +17.5%
- By 2050
- 201,516 · +27.1%
- By 2075
- 231,217 · +45.9%
- By 2100
- 241,697 · +52.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Black 13% Hispanic / Latino 9% Two or more races 6%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Lithuanian 9% Serbian 1% Italian 1%
- Foreign-born
- 6% · Canada
- Languages at home
- 91% English-only · Spanish 6% Other Indo-European 1%
Political lean MEDSL · Livingston
- 2024 margin
- Solid R (+68.5) · D 15.1% · R 83.6% · Other 1.3%
- 2008→2024 swing
- +3.4pp toward D · 2008: -71.9pp · 2024: -68.5pp
- All cycles
- 2024: R+68.5 2020: R+70.0 2016: R+72.5 2012: R+70.4 2008: R+71.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -104.37%
- Current HPI
- 170.2207
- Rent YoY
- ▲ 3.83%
- 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 |
|
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| Advertising | 1 | $2B |
|
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Price history
+9.7% since first listed11 events — show timeline
- 2026-03-16 Price Changed $125,000 AcadianaMLS
- 2026-03-16 Price Changed $125,000 GBRMLS
- 2026-01-22 Listed $150,000 GBRMLS
- 2026-01-22 Listed $150,000 AcadianaMLS
- 2010-08-16 Listed $137,500 AcadianaMLS
- 2010-08-16 Listed $137,500 GBRMLS
- 2010-01-08 Listed $137,500 AcadianaMLS
- 2010-01-08 Listed $137,500 GBRMLS
- 2004-12-02 Sold (MLS) — GBRMLS
- 2004-09-16 Listed $113,900 GBRMLS
- 2004-09-16 Listed $113,900 AcadianaMLS
Property tax history
+2.1%/yrLatest (2024): $1,601 · +15.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…