18670 Mclin Rd · Walker, LA 70754

$210,000

3 bd · 2.0 ba · 1,231 sqft · SingleFamily · 94 Days on market

Built 2011 0.43 ac lot Est $211k · at est.

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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 +12.6/30.0
• ARV discount +7.6/15.0
• Schools +4.0/10.0
• DSCR +3.8/10.0
• Livability +3.8/5.0
• 1% rule +2.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

HOME SWEET HOME IN LIVINGSTON!! This charming 3 bedroom 2 bathroom home on nearly half an acre is THE ONE you've been waiting to pop on the market: great price + NOT cookie cutter + easy to get to the interstate! Perfectly situated on a .43 acre lot with just enough trees for shade and fresh air. Enjoy the BENEFITS of Doyle schools and community while living outside the city limits of the Town of Livingston. Inside this home you'll find everything you need: granite countertops, functional kitchen with solid wood cabinetry, nice sized closets, and no wasted space. Outside you have room to relax! Bring the dogs, bring the chickens, bring your dreams. The attached storage building has been used for a successful dog grooming business--maybe that's your next calling?? This home has NEVER flooded and DOES NOT require flood insurance. Located in DOYLE school district. Affordable taxes, affordable insurances, NO HOA, and tucked away--what could be better? Call today! Eligible for 100% financing!

Key facts

• Functional kitchen
• Solid wood cabinetry
• Never flooded

Tags

• HALF AN ACRE
• FUNCTIONAL KITCHEN
• SOLID WOOD CABINETRY
• ATTACHED STORAGE BUILDING
• NEVER FLOODED
• NO HOA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-25 ($-300/yr) — negative.
• To cash-flow at today's rent, offer at most $206k (2.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $158k (24.7% below list).
• Recommended offer: $158k (24.7% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 4.8% in Walker — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#19 in LA, #3,999 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities D-, 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: 232 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $6k 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.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($191k) is reasonable based on typical stale-listing flexibility.
• 12 sale attempts since 19y 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 $120k; list at $210k implies a 75% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $158,072 (24.7% 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 94 days. Have you received any prior offers? Is the seller open to a 25% 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 A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.75% ✗
• Cap rate: 6.15%
• Cash-on-cash: -0.51%
• DSCR: 0.98
• GRM: 11.1

CMA / ARV

• ARV (on-the-fly): $210,501
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18670 Mclin Rd	0.00mi	3/2.0	1,231 (0%)	1mo	$210,000	$171	99

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -17.2%
• Equity multiple: 0.39×
• Total profit: $-35,708
• Equity at exit: $31,312

10-year hold

• IRR: -9.2%
• Equity multiple: 0.43×
• Total profit: $-33,493
• Equity at exit: $18,157

Cash invested: $58,800 (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 70754

• Active inventory: 232
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $1,581 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$85 /mo · $1,020/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $-25

Break-even live

Break-even rent $1,612

Max offer price $205,579

Occupancy floor 97%

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-04-19
   status Pending 1002-char remark

   Show marketing remark (1002 chars)

   HOME SWEET HOME IN LIVINGSTON!! This charming 3 bedroom 2 bathroom home on nearly half an acre is THE ONE you've been waiting to pop on the market: great price + NOT cookie cutter + easy to get to the interstate! Perfectly situated on a .43 acre lot with just enough trees for shade and fresh air. Enjoy the BENEFITS of Doyle schools and community while living outside the city limits of the Town of Livingston. Inside this home you'll find everything you need: granite countertops, functional kitchen with solid wood cabinetry, nice sized closets, and no wasted space. Outside you have room to relax! Bring the dogs, bring the chickens, bring your dreams. The attached storage building has been used for a successful dog grooming business--maybe that's your next calling?? This home has NEVER flooded and DOES NOT require flood insurance. Located in DOYLE school district. Affordable taxes, affordable insurances, NO HOA, and tucked away--what could be better? Call today! Eligible for 100% financing!

2. 2026-04-19
   status Pending

   Show marketing remark (1002 chars)

   HOME SWEET HOME IN LIVINGSTON!! This charming 3 bedroom 2 bathroom home on nearly half an acre is THE ONE you've been waiting to pop on the market: great price + NOT cookie cutter + easy to get to the interstate! Perfectly situated on a .43 acre lot with just enough trees for shade and fresh air. Enjoy the BENEFITS of Doyle schools and community while living outside the city limits of the Town of Livingston. Inside this home you'll find everything you need: granite countertops, functional kitchen with solid wood cabinetry, nice sized closets, and no wasted space. Outside you have room to relax! Bring the dogs, bring the chickens, bring your dreams. The attached storage building has been used for a successful dog grooming business--maybe that's your next calling?? This home has NEVER flooded and DOES NOT require flood insurance. Located in DOYLE school district. Affordable taxes, affordable insurances, NO HOA, and tucked away--what could be better? Call today! Eligible for 100% financing!

3. 2026-02-13
   price $210,000 1002-char remark

   Show marketing remark (1002 chars)

   HOME SWEET HOME IN LIVINGSTON!! This charming 3 bedroom 2 bathroom home on nearly half an acre is THE ONE you've been waiting to pop on the market: great price + NOT cookie cutter + easy to get to the interstate! Perfectly situated on a .43 acre lot with just enough trees for shade and fresh air. Enjoy the BENEFITS of Doyle schools and community while living outside the city limits of the Town of Livingston. Inside this home you'll find everything you need: granite countertops, functional kitchen with solid wood cabinetry, nice sized closets, and no wasted space. Outside you have room to relax! Bring the dogs, bring the chickens, bring your dreams. The attached storage building has been used for a successful dog grooming business--maybe that's your next calling?? This home has NEVER flooded and DOES NOT require flood insurance. Located in DOYLE school district. Affordable taxes, affordable insurances, NO HOA, and tucked away--what could be better? Call today! Eligible for 100% financing!

4. 2026-02-13
   price $210,000

   Show marketing remark (1002 chars)

   HOME SWEET HOME IN LIVINGSTON!! This charming 3 bedroom 2 bathroom home on nearly half an acre is THE ONE you've been waiting to pop on the market: great price + NOT cookie cutter + easy to get to the interstate! Perfectly situated on a .43 acre lot with just enough trees for shade and fresh air. Enjoy the BENEFITS of Doyle schools and community while living outside the city limits of the Town of Livingston. Inside this home you'll find everything you need: granite countertops, functional kitchen with solid wood cabinetry, nice sized closets, and no wasted space. Outside you have room to relax! Bring the dogs, bring the chickens, bring your dreams. The attached storage building has been used for a successful dog grooming business--maybe that's your next calling?? This home has NEVER flooded and DOES NOT require flood insurance. Located in DOYLE school district. Affordable taxes, affordable insurances, NO HOA, and tucked away--what could be better? Call today! Eligible for 100% financing!

5. 2026-01-16
   listed $215,000 Active
6. 2026-01-15
   listed $215,000 Active 1002-char remark

   Show marketing remark (1002 chars)

   HOME SWEET HOME IN LIVINGSTON!! This charming 3 bedroom 2 bathroom home on nearly half an acre is THE ONE you've been waiting to pop on the market: great price + NOT cookie cutter + easy to get to the interstate! Perfectly situated on a .43 acre lot with just enough trees for shade and fresh air. Enjoy the BENEFITS of Doyle schools and community while living outside the city limits of the Town of Livingston. Inside this home you'll find everything you need: granite countertops, functional kitchen with solid wood cabinetry, nice sized closets, and no wasted space. Outside you have room to relax! Bring the dogs, bring the chickens, bring your dreams. The attached storage building has been used for a successful dog grooming business--maybe that's your next calling?? This home has NEVER flooded and DOES NOT require flood insurance. Located in DOYLE school district. Affordable taxes, affordable insurances, NO HOA, and tucked away--what could be better? Call today! Eligible for 100% financing!

7. 2015-06-08
   historical
8. 2015-06-03
   listed $134,900 Active
9. 2015-06-01
   listed $134,900
10. 2011-04-18
    soldstatus $119,900
11. 2011-04-15
    soldstatus
12. 2011-03-23
    listed $119,900
13. 2011-03-23
    listed $119,900
14. 2011-03-11
    soldstatus $40,000
15. 2010-07-23
    listed $134,900
16. 2010-07-23
    listed $134,900
17. 2008-07-08
    listed $29,900
18. 2008-07-08
    listed $29,900
19. 2007-05-31
    listed $31,000
20. 2007-05-31
    listed $31,000
21. 2006-03-28
    soldstatus

ⓘ 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: $1,020 · $85/mo
• Projected year-2 tax: $1,155 · $96/mo
• Expected delta: +$135/yr (+$11/mo · 13.2%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,969
• − Mortgage interest: −$11,763
• − Property taxes: −$1,020
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,517
• − Management: −$1,517
• − Depreciation: −$6,109
• Taxable loss: −$4,009
• Est. tax savings @ 24.0%: +$962
• After-tax cash flow: $662/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 — Walker

• Score: 75/100
• State rank: #19
• US rank: #3999

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 23,921
• Population (ZIP): 12,153

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 (94%)
• Race & ethnicity: White 94% Two or more races 4% Black 2%
• Common ancestry: Lithuanian 10% Slovak 5% Italian 1%
• Foreign-born: 0%
• Languages at home: 98% English-only · Vietnamese 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: ▼ -90.25%
• Current HPI: 153.131
• Rent YoY: —
• Metro: —
• 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

+577.4% since first listed

21 events — show timeline

• 2026-04-19 Pending — AcadianaMLS
• 2026-04-19 Pending — GBRMLS
• 2026-02-13 Price Changed $210,000 AcadianaMLS
• 2026-02-13 Price Changed $210,000 GBRMLS
• 2026-01-16 Listed $215,000 GBRMLS
• 2026-01-15 Listed $215,000 AcadianaMLS
• 2015-06-08 Delisted — GBRMLS
• 2015-06-03 Listed $134,900 GBRMLS
• 2015-06-01 Listed $134,900 AcadianaMLS
• 2011-04-18 Sold (Public Records) $119,900 Public Records
• 2011-04-15 Sold (MLS) — GBRMLS
• 2011-03-23 Listed $119,900 AcadianaMLS
• 2011-03-23 Listed $119,900 GBRMLS
• 2011-03-11 Sold (Public Records) $40,000 Public Records
• 2010-07-23 Listed $134,900 AcadianaMLS
• 2010-07-23 Listed $134,900 GBRMLS
• 2008-07-08 Listed $29,900 AcadianaMLS
• 2008-07-08 Listed $29,900 GBRMLS
• 2007-05-31 Listed $31,000 AcadianaMLS
• 2007-05-31 Listed $31,000 GBRMLS
• 2006-03-28 Sold (Public Records) — Public Records

Property tax history

-0.7%/yr

Latest (2024): $1,020 · +30.6% YoY. Source: county tax records.