15342 Woodwick Ave · Baton Rouge, LA 70816

$235,000

4 bd · 2.0 ba · 1,966 sqft · SingleFamily public records · 34 Days on market

Built 1979 0.26 ac lot $120/sqft · 8% below area Est $252k · 7% under $4/mo HOA

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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 +12.0/30.0
• ARV discount +10.6/15.0
• Livability +3.7/5.0
• DSCR +3.5/10.0
• 1% rule +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 15342 Woodwick Ave!! This spacious 4 bedroom, 2 bath offers nearly 2,000 living square feet in an established neighborhood conveniently located near shopping, restaurants, medical facilities, and easy access to I-12 and the Central Thruway. Inside, you'll find oversized bedrooms, beautiful ceramic flooring throughout the entire home, and a den. The inviting living room features custom built-ins and plenty of room to gather and entertain. Step outside to enjoy the covered patio and large backyard perfect for weekend crawfish boils, entertaining guests, or simply relaxing outdoors. No flood insurance required! Schedule your tour today!

Key facts

• Ceramic flooring
• Large backyard
• Custom built-ins

Tags

• CERAMIC FLOORING
• CUSTOM BUILT-INS
• COVERED PATIO
• LARGE BACKYARD

Property features AI

Finance

• Other: Located in The Woodlands subdivision; Directions: From I-12 at O'Neal, left onto O'Neal Lane, left onto Woodwick; home is on the left.
• HOA & community: Homeowners association with $50 annual fee (about $4.17/month)

Exterior

• Parking: 2 covered parking spaces; 2-car carport
• Security: Smoke detectors
• Utilities: Public water; Public sewer; Cable connected
• Home design: Single-family detached residence; Residential property
• Construction: Brick construction; Slab foundation; Built date not provided
• Exterior features: Rain gutters; Covered patio/porch; Wood fencing

Interior

• Kitchen: Range; Oven; Electric cooktop; Dishwasher; Disposal; Microwave; Refrigerator
• Flooring: Tile; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air; Ceiling fans
• Interior features: Vaulted ceilings; Fireplace (1)
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $-57 ($-684/yr) — negative.
• To cash-flow at today's rent, offer at most $225k (4.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (16.9% below list).
• Recommended offer: $195k (16.9% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.3% in Baton Rouge — 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 74/100 on livability (#24 in LA, #4,535 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, health & safety A+; Watch: amenities D, crime F, employment D-.
• 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; 250 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
• This rent runs 35% of the median local income ($67k/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 $7k 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 34 days — a 3% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 23y 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 $168k; 40% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $195,299 (16.9% 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 34 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.83% ✗
• Cap rate: 6.00%
• Cash-on-cash: -1.04%
• DSCR: 0.95
• GRM: 10.0

CMA / ARV

• ARV (median comp): $252,497
• List price: $235,000
• Delta: -6.93%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1416 Shadybrook Dr	0.19mi	4/2.0	1,935 (-2%)	0mo	$258,000	$133	88
1112 Shadybrook Dr	0.08mi	4/3.0	2,186 (+11%)	3mo	$249,900	$114	72
1518 Shadybrook Dr	0.25mi	4/2.0	2,236 (+14%)	5mo	$260,000	$116	61
558 Turnstone Ave	0.53mi	4/2.0	1,830 (-7%)	3mo	$314,990	$172	61
431 Gloria Dr	0.59mi	4/2.0	1,866 (-5%)	3mo	$140,000	$75	61
14802 Jester Ave	0.64mi	4/2.0	1,927 (-2%)	7mo	$250,000	$130	61
654 Turnstone Ave	0.41mi	4/2.0	1,691 (-14%)	2mo	$304,990	$180	56
654 Turnstone Ave	0.41mi	4/2.0	1,691 (-14%)	2mo	$302,000	$179	56
15645 Honeywood Ave	0.28mi	3/2.0 (-1)	1,678 (-15%)	3mo	$249,900	$149	54
14538 Brightview Ct	0.56mi	3/2.0 (-1)	1,720 (-12%)	1mo	$226,000	$131	47
1925 W Marsden Pl	0.73mi	4/2.0	1,673 (-15%)	0mo	$248,900	$149	41
14761 Brightview Ct	0.67mi	3/2.0 (-1)	1,688 (-14%)	7mo	$208,000	$123	34

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 · 0.16% rent growth · sell at horizon

5-year hold

• IRR: -21.2%
• Equity multiple: 0.28×
• Total profit: $-47,123
• Equity at exit: $35,039

10-year hold

• IRR: -23.0%
• Equity multiple: -0.01×
• Total profit: $-66,689
• Equity at exit: $20,319

Cash invested: $65,800 (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 70816

• Rents YoY: 0.2%
• Active inventory: 250
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $1,953 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$266 /mo · $3,187/yr
• Insurance: −$98
• HOA: −$4
• Vacancy / Maint / Mgmt: −$410
• Net cashflow: $-57

Break-even live

Break-even rent $2,025

Max offer price $224,929

Occupancy floor 98%

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: $58,750
• Closing costs: $7,050
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15814 Woodwick Ave Baton Rouge, LA	3.0	2.5	2152	$2,200	$1.02	43d	1	0.23mi
15814 Woodwick Ave Baton Rouge, LA	3.0	2.0	2152	$2,200	$1.02	23d	1	0.23mi
1046 Sedona Pines Dr Baton Rouge, LA	3.0	2.0	1376	$1,950	$1.42	43d	1	0.37mi
14823 Stoneberg Ave Baton Rouge, LA	3.0	2.0	1769	$1,850	$1.05	43d	1	0.47mi
431 Gloria Dr Baton Rouge, LA	4.0	2.0	1866	$2,250	$1.21	14d	1	0.60mi
431 Gloria Dr Baton Rouge, LA	4.0	2.0	1866	$2,250	$1.21	21d	1	0.60mi
1680 Oneal Ln Baton Rouge, LA	1.0–3.0	1.0–2.0	1050	$1,779	$1.69	14d	8	0.60mi
15661 Marjorie Dr Baton Rouge, LA	3.0	1.5	1308	$1,700	$1.30	18d	1	0.74mi
532 Glenway Dr Baton Rouge, LA	3.0	2.0	1780	$1,950	$1.10	23d	1	0.85mi
14358 N Holly St Baton Rouge, LA	5.0	2.5	2067	$2,250	$1.09	23d	1	0.91mi
1346 Hickory Creek Dr Baton Rouge, LA	3.0	2.0	1650	$1,900	$1.15	23d	1	1.00mi
1346 Hickory Creek Dr Baton Rouge, LA	3.0	2.0	1650	$1,900	$1.15	18d	1	1.00mi
583 Fall River Dr Baton Rouge, LA	4.0	2.0	2050	$2,100	$1.02	14d	1	1.06mi
583 Fall River Dr Baton Rouge, LA	4.0	2.0	2050	$2,100	$1.02	23d	1	1.06mi
806 Brinwood Ave Baton Rouge, LA	4.0	2.0	1650	$1,475	$0.89	43d	1	1.12mi
13536 Goodwood Blvd Unit 13536 Baton Rouge, LA	3.0	2.0	1315	$1,450	$1.10	14d	1	1.23mi
13536 Goodwood Blvd Unit 13536 Baton Rouge, LA	3.0	2.0	1315	$1,450	$1.10	21d	1	1.23mi
282 Allan Dr Baton Rouge, LA	3.0	2.0	1810	$2,000	$1.10	23d	1	1.30mi
2208 Sprucewood Dr Baton Rouge, LA	4.0	2.0	1872	$2,100	$1.12	23d	1	1.37mi
15326 Jen Lee Dr Unit 15326 Baton Rouge, LA	3.0	2.5	2177	$2,300	$1.06	14d	1	1.43mi
14443 Bywood Ave Baton Rouge, LA	3.0	2.0	1785	$1,900	$1.06	14d	1	1.44mi

HOA detail

• Monthly dues: $4 · $48/yr

Listing history 28 events

1. 2026-06-18
   days on market $235,000 Active 34 DOM
2. 2026-06-17
   days on market $235,000 Active 33 DOM
3. 2026-06-16
   days on market $235,000 Active 32 DOM
4. 2026-06-15
   days on market $235,000 Active 31 DOM
5. 2026-06-14
   days on market $235,000 Active 29 DOM
6. 2026-06-10
   days on market $235,000 Active 26 DOM
7. 2026-06-09
   days on market $235,000 Active 25 DOM
8. 2026-06-08
   days on market $235,000 Active 24 DOM
9. 2026-06-07
   days on market $235,000 Active 23 DOM
10. 2026-06-05
    days on market $235,000 Active 20 DOM
11. 2026-06-03
    days on market $235,000 Active 19 DOM
12. 2026-06-02
    days on market $235,000 Active 18 DOM
13. 2026-06-01
    days on market $235,000 Active 17 DOM
14. 2026-05-31
    days on market $235,000 Active 16 DOM
15. 2026-05-31
    days on market $235,000 Active 15 DOM
16. 2026-05-15
    listed $235,000 Active 652-char remark

    Show marketing remark (652 chars)

    Welcome to 15342 Woodwick Ave!! This spacious 4 bedroom, 2 bath offers nearly 2,000 living square feet in an established neighborhood conveniently located near shopping, restaurants, medical facilities, and easy access to I-12 and the Central Thruway. Inside, you'll find oversized bedrooms, beautiful ceramic flooring throughout the entire home, and a den. The inviting living room features custom built-ins and plenty of room to gather and entertain. Step outside to enjoy the covered patio and large backyard perfect for weekend crawfish boils, entertaining guests, or simply relaxing outdoors. No flood insurance required! Schedule your tour today!

17. 2026-05-15
    listed $235,000 Active 658-char remark

    Show marketing remark (652 chars)

    Welcome to 15342 Woodwick Ave!! This spacious 4 bedroom, 2 bath offers nearly 2,000 living square feet in an established neighborhood conveniently located near shopping, restaurants, medical facilities, and easy access to I-12 and the Central Thruway. Inside, you'll find oversized bedrooms, beautiful ceramic flooring throughout the entire home, and a den. The inviting living room features custom built-ins and plenty of room to gather and entertain. Step outside to enjoy the covered patio and large backyard perfect for weekend crawfish boils, entertaining guests, or simply relaxing outdoors. No flood insurance required! Schedule your tour today!

18. 2015-04-20
    soldstatus $168,000
19. 2015-04-17
    soldstatus

    Show marketing remark (708 chars)

    ASK ABOUT 100% RURAL DEVELOPMENT FINANCING for this 4 bed 2 bath home in an established neighborhood close to shopping, medical facilities, Central Thruway, and I-12. Great covered patio and backyard - perfect for hosting crawfish boils and family gatherings! Hardwood flooring and ceramic tile throughout. Oversized bedrooms with storage. Formal dining room would easily serve as a multi-purpose space. Wonderful built-ins located in family room. Flood insurance NOT required!Architectural roof only 6 years old. Seller offering 1 year Old Republic home warranty. Washer, dryer, and refrigerator to remain at no value. THIS HOME QUALIFIES FOR A GRANT (UP TO 5%) TO ASSIST WITH DOWN PAYMENT AND CLOSING COST.

20. 2014-07-01
    listed $170,000

    Show marketing remark (708 chars)

    ASK ABOUT 100% RURAL DEVELOPMENT FINANCING for this 4 bed 2 bath home in an established neighborhood close to shopping, medical facilities, Central Thruway, and I-12. Great covered patio and backyard - perfect for hosting crawfish boils and family gatherings! Hardwood flooring and ceramic tile throughout. Oversized bedrooms with storage. Formal dining room would easily serve as a multi-purpose space. Wonderful built-ins located in family room. Flood insurance NOT required!Architectural roof only 6 years old. Seller offering 1 year Old Republic home warranty. Washer, dryer, and refrigerator to remain at no value. THIS HOME QUALIFIES FOR A GRANT (UP TO 5%) TO ASSIST WITH DOWN PAYMENT AND CLOSING COST.

21. 2014-07-01
    listed $170,000

    Show marketing remark (708 chars)

    ASK ABOUT 100% RURAL DEVELOPMENT FINANCING for this 4 bed 2 bath home in an established neighborhood close to shopping, medical facilities, Central Thruway, and I-12. Great covered patio and backyard - perfect for hosting crawfish boils and family gatherings! Hardwood flooring and ceramic tile throughout. Oversized bedrooms with storage. Formal dining room would easily serve as a multi-purpose space. Wonderful built-ins located in family room. Flood insurance NOT required!Architectural roof only 6 years old. Seller offering 1 year Old Republic home warranty. Washer, dryer, and refrigerator to remain at no value. THIS HOME QUALIFIES FOR A GRANT (UP TO 5%) TO ASSIST WITH DOWN PAYMENT AND CLOSING COST.

22. 2005-11-02
    soldstatus $153,000
23. 2005-10-31
    soldstatus
24. 2005-10-05
    listed $153,000
25. 2005-10-05
    listed $153,000
26. 2003-06-27
    soldstatus
27. 2003-03-26
    listed $124,900
28. 2003-03-26
    listed $124,900

ⓘ 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: $3,187 · $266/mo
• Projected year-2 tax: $3,187 · $266/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 5/10 Major FEMA zone X · 67% 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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,436
• − Mortgage interest: −$13,164
• − Property taxes: −$3,187
• − Insurance: −$1,175
• − Repairs & maintenance: −$1,875
• − Management: −$1,875
• − HOA: −$48
• − Depreciation: −$6,836
• Taxable loss: −$4,724
• Est. tax savings @ 24.0%: +$1,134
• After-tax cash flow: $450/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: 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 — Baton Rouge

• Score: 74/100
• State rank: #24
• US rank: #4535

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: East Baton Rouge Parish · 399,686 people
• City population: 351,868
• Metro: Baton Rouge, LA
• Population (ZIP): 45,718
• Household income: $67,353
• Rent vs Own: 50.1% rent · 49.9% own
• Severe rent burden: 2162.0

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 0.67)
• Race & ethnicity: Black 41% White 38% Hispanic / Latino 11% Two or more races 7% Asian 5%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 7% Italian 1% Hispanic 1%
• Foreign-born: 11% · Canada, China, Vietnam
• Languages at home: 86% English-only · Spanish 9% Chinese 1% Other Indo-European 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: ▼ -161.21%
• Current HPI: 157.3823
• Rent YoY: ▲ 0.16%
• 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

+88.2% since first listed

13 events — show timeline

• 2026-05-15 Listed $235,000 GBRMLS
• 2026-05-15 Listed $235,000 AcadianaMLS
• 2015-04-20 Sold (Public Records) $168,000 Public Records
• 2015-04-17 Sold (MLS) — GBRMLS
• 2014-07-01 Listed $170,000 AcadianaMLS
• 2014-07-01 Listed $170,000 GBRMLS
• 2005-11-02 Sold (Public Records) $153,000 Public Records
• 2005-10-31 Sold (MLS) — GBRMLS
• 2005-10-05 Listed $153,000 AcadianaMLS
• 2005-10-05 Listed $153,000 GBRMLS
• 2003-06-27 Sold (MLS) — GBRMLS
• 2003-03-26 Listed $124,900 AcadianaMLS
• 2003-03-26 Listed $124,900 GBRMLS

Property tax history

+10.0%/yr

Latest (2025): $3,187 · -0.4% YoY. Source: county tax records.