🏷️ Likely Rental
1507 Olive St · Baton Rouge, 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 1/10 · Minimal
- 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
- 20 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 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
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +4.1/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Schools +2.4/10.0
- Appreciation +0.0/10.0
$59,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don't miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
Key facts
- Covered front porch
- Generous lot
- Classic wood siding
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $60k.
Deal economics
- At list price, monthly cash flow is $565 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $60k).
- Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
- Cap rate 17.6% vs local median 4.2% 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.
- Zoned schools: The Dufrocq School (math 25% / reading 41%, grade F, #297 of 646 statewide, top 46%, 488 students, 72% FRL); Westdale Middle School (math 15% / reading 30%, grade F, #151 of 218 statewide, top 70%, 757 students, 69% FRL); Liberty High School (math 50% / reading 74%, grade B-, #15 of 265 statewide, top 6%, 1,208 students, 60% FRL).
- Market conditions: Rents rising fast (+6.6%/yr); 202 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 2,252 units permitted in East Baton Rouge Parish in 2024 (440 in 5+ unit buildings).
- This rent runs 43% of the median local income ($34k/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 $414 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.
- At projected returns (-3.0% appreciation + 6.6% rent growth), your $17k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- It's been on market 153 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 22y ago; this cycle's ask has dropped $15k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 153 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1958 — 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.
- 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?
- 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
- 2.06% ✓
- Cap rate
- 17.61%
- Cash-on-cash
- 40.41%
- DSCR
- 2.80
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $105,815
- List price
- $59,900
- Delta
- -43.39%
- 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 |
|---|---|---|---|---|---|---|---|
| 1507 Olive St | 0.00mi | 2/1.0 | 1,086 (0%) | 1mo | $59,900 | $55 | 99 |
| 315 16th St | 0.41mi | 2/1.0 | 1,070 (-2%) | 4mo | $60,000 | $56 | 75 |
| 314 S 18th St | 0.43mi | 2/1.0 | 1,080 (-1%) | 8mo | $45,000 | $42 | 72 |
| 1606 Myrtle Walk | 0.10mi | 3/2.0 (+1) | 1,020 (-6%) | 6mo | $110,000 | $108 | 71 |
| 1050 S 16th St | 0.07mi | 3/2.0 (+1) | 1,195 (+10%) | 10mo | $75,900 | $64 | 63 |
| 838 America St | 0.70mi | 3/1.0 (+1) | 1,112 (+2%) | 1mo | $95,000 | $85 | 58 |
| 302 S 18th St | 0.47mi | 2/1.0 | 1,174 (+8%) | 12mo | $29,900 | $25 | 55 |
| 1329 S 18th St | 0.29mi | 3/2.0 (+1) | 1,200 (+10%) | 8mo | $232,500 | $194 | 54 |
| 1507 Lorri Burgess Ave | 0.55mi | 3/2.0 (+1) | 1,240 (+14%) | 6mo | $28,560 | $23 | 37 |
| 1855 Kansas St | 0.68mi | 2/1.0 | 936 (-14%) | 10mo | $25,000 | $27 | 37 |
| 2513 Jura St | 0.72mi | 3/2.0 (+1) | 1,234 (+14%) | 2mo | $275,000 | $223 | 33 |
| 355 Napoleon St | 0.71mi | 2/2.0 | 1,225 (+13%) | 11mo | $250,000 | $204 | 32 |
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 · 6.59% rent growth · sell at horizon
- IRR
- 40.8%
- Equity multiple
- 2.84×
- Total profit
- $30,886
- Equity at exit
- $8,931
- IRR
- 48.8%
- Equity multiple
- 6.58×
- Total profit
- $93,638
- Equity at exit
- $5,179
Cash invested: $16,772 (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 70802
- Rents YoY
- 6.6%
- Active inventory
- 202
- Price-to-rent
- 4.1×
Monthly cashflow live
- Estimated rent
- $1,232 high interval (Pro) →
- Mortgage (P&I)
- −$314
- Tax from tax record
- −$69 /mo · $831/yr
- Insurance
- −$25
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$259
- Net cashflow
- $565
Break-even live
Sensitivity live
| Price | -10% $599 | -5% $582 | +0% $565 | +5% $548 | +10% $531 |
|---|---|---|---|---|---|
| Rent | -10% $467 | -5% $516 | +0% $565 | +5% $613 | +10% $662 |
| Rate | -1.0pp $595 | -0.5pp $580 | base $565 | +0.5pp $549 | +1.0pp $533 |
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
- $14,975
- Closing costs
- $1,797
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 802 S 18th St Baton Rouge, LA | 3.0 | 2.0 | 1293 | $1,690 | $1.31 | 25d | 1 | 0.20mi |
| 1241 S 18th St Baton Rouge, LA | 1.0 | 1.0 | 700 | $1,000 | $1.43 | 16d | 1 | 0.22mi |
| 1327 S 17th St Baton Rouge, LA | 2.0 | 1.0 | 955 | $950 | $0.99 | 25d | 1 | 0.23mi |
| 1430 S 17th St Baton Rouge, LA | 3.0 | 2.0 | 1136 | $3,499 | $3.08 | 46d | 1 | 0.26mi |
| 718 Park Blvd Unit 1 Baton Rouge, LA | 2.0 | 1.0 | 1189 | $1,500 | $1.26 | 25d | 1 | 0.29mi |
| 710 Park Blvd #6 Baton Rouge, LA | 2.0 | 1.0 | 1111 | $1,800 | $1.62 | 16d | 1 | 0.30mi |
| 1133 Maximillian St Baton Rouge, LA | 3.0 | 2.0 | 1240 | $1,100 | $0.89 | 46d | 1 | 0.49mi |
| 1538 Fig St Baton Rouge, LA | 3.0 | 1.0 | 1100 | $1,100 | $1.00 | 25d | 1 | 0.51mi |
| 303 S 21st St Baton Rouge, LA | 3.0 | 1.0 | 1070 | $825 | $0.77 | 46d | 1 | 0.59mi |
| 756 Europe St Baton Rouge, LA | 1.0 | 1.0 | 1050 | $1,175 | $1.12 | 16d | 1 | 0.61mi |
| 2500 McGrath Ave Unit 2 Baton Rouge, LA | 1.0 | 1.0 | 750 | $1,000 | $1.33 | 46d | 1 | 0.66mi |
| 2361 Wisteria St Unit B Baton Rouge, LA | 1.0 | 1.0 | 700 | $1,200 | $1.71 | 46d | 1 | 0.68mi |
| 1104 E Harrison St Unit A Baton Rouge, LA | 2.0 | 2.0 | 1100 | $975 | $0.89 | 46d | 1 | 0.69mi |
| 636 Napoleon St Baton Rouge, LA | 2.0 | 1.0 | 1065 | $1,650 | $1.55 | 16d | 1 | 0.69mi |
| 1805 Perkins Rd Unit 1805 Baton Rouge, LA | 1.0 | 1.0 | 1000 | $1,500 | $1.50 | 16d | 1 | 0.71mi |
| 1035 Rittiner Dr Baton Rouge, LA | 3.0 | 1.0 | 1145 | $1,200 | $1.05 | 16d | 1 | 0.72mi |
| 925 Rittiner Dr Unit 927 Baton Rouge, LA | 3.0 | 1.0 | 1147 | $1,250 | $1.09 | 46d | 1 | 0.74mi |
| 814 North Blvd Unit 814 Baton Rouge, LA | 1.0 | 1.0 | 800 | $800 | $1.00 | 46d | 1 | 0.78mi |
| 648 Penalver St Unit 2 Baton Rouge, LA | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 16d | 1 | 0.80mi |
| 2030 Colorado St Baton Rouge, LA | 1.0 | 1.0 | 900 | $700 | $0.78 | 46d | 1 | 0.81mi |
| 866 Arlington Ave Unit 206 Baton Rouge, LA | 2.0 | 1.0 | 950 | $895 | $0.94 | 46d | 1 | 0.83mi |
| 623 S Eugene St Unit 1 Baton Rouge, LA | 2.0 | 1.0 | 980 | $1,400 | $1.43 | 46d | 1 | 0.84mi |
| 1346 Main St Unit A Baton Rouge, LA | 3.0 | 2.0 | 1200 | $1,600 | $1.33 | 46d | 1 | 0.87mi |
| 2273 Carolina St Baton Rouge, LA | 3.0 | 2.0 | 1244 | $1,050 | $0.84 | 46d | 1 | 0.88mi |
| 1356 Main St Unit 1 Baton Rouge, LA | 1.0 | 1.0 | 700 | $600 | $0.86 | 46d | 1 | 0.88mi |
| 279 Chatsworth St Baton Rouge, LA | 2.0 | 2.0 | 840 | $1,250 | $1.49 | 46d | 1 | 0.88mi |
| 281 Chatsworth St Baton Rouge, LA | 2.0 | 1.0 | 700 | $1,250 | $1.79 | 16d | 1 | 0.88mi |
| 878 Kenmore Ave Unit C Baton Rouge, LA | 2.0 | 1.0 | 1100 | $1,000 | $0.91 | 23d | 1 | 0.89mi |
| 1917 Minnesota St Unit A Baton Rouge, LA | 2.0 | 2.0 | 917 | $1,350 | $1.47 | 46d | 1 | 0.90mi |
| 1917 Minnesota St Unit A Baton Rouge, LA | 2.0 | 2.0 | 917 | $1,350 | $1.47 | 25d | 1 | 0.90mi |
| 101 Baton Rouge, LA | 1.0–2.0 | 1.0–2.0 | 803 | $1,696 | $2.11 | 16d | 28 | 0.95mi |
| 625 Convention St Baton Rouge, LA | 1.0–2.0 | 1.0–2.0 | 883 | $1,818 | $2.06 | 16d | 9 | 0.99mi |
| 101 River House Pl Unit 1D Baton Rouge, LA | 1.0 | 1.0 | 703 | $1,391 | $1.98 | 25d | 1 | 0.99mi |
| 2730 Convention St Baton Rouge, LA | 3.0 | 1.0 | 1000 | $900 | $0.90 | 25d | 1 | 1.02mi |
| 2040 Gayosa St Baton Rouge, LA | 1.0–2.0 | 1.0–2.0 | 764 | $1,250 | $1.64 | 46d | 1 | 1.09mi |
| 470 E McKinley St Baton Rouge, LA | 3.0 | 1.0 | 1200 | $1,185 | $0.99 | 25d | 1 | 1.09mi |
| 725 Carol Marie Dr Unit 4 Baton Rouge, LA | 1.0 | 1.0 | 870 | $900 | $1.03 | 16d | 1 | 1.18mi |
| 333 Laurel St Baton Rouge, LA | 2.0 | 1.0–2.0 | 974 | $4,378 | $4.49 | 16d | 13 | 1.20mi |
| 759 Spanish Town Rd Baton Rouge, LA | 2.0 | 1.0 | 1176 | $1,650 | $1.40 | 46d | 1 | 1.25mi |
| 3005 Highland Rd Unit 5A Baton Rouge, LA | 2.0 | 1.0 | 810 | $850 | $1.05 | 46d | 1 | 1.25mi |
Listing history 14 events
-
2026-05-11status Pending 1004-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2026-05-11status Pending 1010-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2026-04-27price $59,900 1004-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2026-04-27price $59,900 1010-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2026-03-19price $65,000 1004-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2026-03-19price $65,000 1010-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2025-12-10$75,000 Active 1010-char remark
Show marketing remark (1010 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don’t miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
-
2025-12-09$75,000 Active 1004-char remark
Show marketing remark (1004 chars)
Investor opportunity or long-term residence with true character and strong fundamentals. This charming Craftsman-style cottage offers great bones and timeless architectural details, including a welcoming covered front porch, rear deck, classic wood siding, and a traditional gable roofline. The home has been tenant-occupied for approximately 20 years, reflecting consistent use and long-term stability. Situated on a generous lot with ample outdoor space, the property provides a solid foundation for renovation, income production, or future appreciation. Its straightforward layout and original construction make it an excellent candidate for updates while preserving its historic charm. Ideal for investors, landlords, or buyers seeking a property with character and potential. With vision and improvements, this home can truly shine. Don't miss the chance to add value to a well-built classic. Minutes to Downtown Baton Rouge, Government Street corridor, LSU, Baton Rouge General, and major roadways.
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2017-06-28soldstatus $55,000
-
2010-04-22soldstatus
-
2008-08-01soldstatus $45,500
-
2004-11-12soldstatus
-
2004-10-02$29,900
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2004-10-02$29,900
ⓘ 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
- $831 · $69/mo
- Projected year-2 tax
- $831 · $69/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 1/10 Low
- 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 · 1 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
- $14,780
- − Mortgage interest
- −$3,355
- − Property taxes
- −$831
- − Insurance
- −$300
- − Repairs & maintenance
- −$1,182
- − Management
- −$1,182
- − Depreciation
- −$1,743
- Taxable income
- $6,187
- Est. tax owed @ 24.0%
- −$1,485
- After-tax cash flow
- $5,292/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Baton Rouge, LA
- County
- East Baton Rouge Parish · 399,686 people
- City population
- 351,868
- Metro
- Baton Rouge, LA
- Population (ZIP)
- 25,118
- Household income
- $34,458
- Rent vs Own
- Severe rent burden
- 1831.0
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
- Predominantly Black (69%)
- Race & ethnicity
- Black 69% White 20% Two or more races 5% Hispanic / Latino 5% Asian 3%
- Common ancestry
- Lithuanian 2% Italian 1% Iranian 0%
- Foreign-born
- 6% · Canada, Vietnam
- Languages at home
- 91% English-only · Spanish 3% Tagalog/Filipino 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
- ▼ -137.02%
- Current HPI
- 47.7285
- Rent YoY
- ▲ 6.59%
- 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 |
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+100.3% since first listed14 events — show timeline
- 2026-05-11 Pending — AcadianaMLS
- 2026-05-11 Pending — GBRMLS
- 2026-04-27 Price Changed $59,900 AcadianaMLS
- 2026-04-27 Price Changed $59,900 GBRMLS
- 2026-03-19 Price Changed $65,000 AcadianaMLS
- 2026-03-19 Price Changed $65,000 GBRMLS
- 2025-12-10 Listed $75,000 GBRMLS
- 2025-12-09 Listed $75,000 AcadianaMLS
- 2017-06-28 Sold (Public Records) $55,000 Public Records
- 2010-04-22 Sold (Public Records) — Public Records
- 2008-08-01 Sold (Public Records) $45,500 Public Records
- 2004-11-12 Sold (MLS) — GBRMLS
- 2004-10-02 Listed $29,900 GBRMLS
- 2004-10-02 Listed $29,900 AcadianaMLS
Property tax history
+8.5%/yrLatest (2025): $831 · +4.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…