Carlton IV A Plan · Denham Springs, LA 70726

$244,990

3 bd · 2.0 ba · 1,538 sqft · SingleFamily · 134 Days on market

Good condition

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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 +7.2/30.0
• Schools +4.5/10.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Rent growth +3.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Step into the Carlton IV A floor plan by DSLD Homes, a beautifully crafted, energy-efficient home that combines style, functionality, and value. With 1,538 square feet of living space and a total area of 2,082 square feet, this thoughtfully designed layout provides the perfect balance of comfort and efficiency for today's modern lifestyle. Ideal for families or anyone seeking spacious, open-concept living, the Carlton IV A offers three generously sized bedrooms and two full bathrooms, including a luxurious master suite. The master bedroom is your personal retreat, featuring a double vanity, a large walk-in closet, a relaxing garden tub, and a separate shower, all designed to bring a spa-like experience to your daily routine. Built with quality and curb appeal in mind, this home boasts a durable and attractive brick, stucco, and siding exterior, giving it a timeless yet modern look. Inside, you'll love the bright and open living areas, enhanced by canned lighting in the kitchen, making it ideal for both entertaining and everyday living. The open floor plan flows seamlessly from the kitchen into the dining and living spaces, creating a sense of openness and connection throughout the home. Whether you're hosting guests or enjoying a quiet night in, the Carlton IV A adapts effortlessly to your needs.

Key facts

• Master suite
• Open concept living
• Covered rear patio

Tags

• ENERGY EFFICIENT HOME
• OPEN CONCEPT LIVING
• MASTER SUITE
• WALK IN CLOSET
• COVERED REAR PATIO

🏗️ New construction. The $244,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $271,148.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $245k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-368 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $218k (11.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (22.2% below list).
• Recommended offer: $191k (22.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 74/100 on livability (#29 in LA, #4,939 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime C-, 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); 1258 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 73d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $2k of loan paydown is wiped out by about $8k 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 134 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.

Recommended offer $190,631 (22.2% 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 134 days. Have you received any prior offers? Is the seller open to a 22% 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 B-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. 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?
7. 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.
8. 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.
9. 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: 4.66%
• Cash-on-cash: -5.81%
• DSCR: 0.74
• GRM: 11.9

CMA / ARV

• ARV (median comp): $271,148
• List price: $244,990
• Delta: -9.65%
• 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
12391 Preakness Dr	0.36mi	3/2.0	1,588 (+3%)	1mo	$266,900	$168	76
22825 Lafourche Ln	0.46mi	3/2.0	1,507 (-2%)	0mo	$223,900	$149	75
23223 Waterbuck Lake Ct	0.29mi	3/2.0	1,629 (+6%)	2mo	$250,300	$154	75
12379 Preakness Dr	0.37mi	3/2.0	1,588 (+3%)	3mo	$267,900	$169	75
14260 War Admiral Ave	0.47mi	4/2.0 (+1)	1,506 (-2%)	1mo	$237,900	$158	68
14288 Monmouth Ave	0.45mi	4/2.0 (+1)	1,581 (+3%)	1mo	$242,900	$154	68
14294 Monmouth Ave	0.44mi	3/2.0	1,392 (-10%)	2mo	$232,900	$167	62
14295 Monmouth Ave	0.44mi	3/2.0	1,392 (-10%)	2mo	$232,900	$167	62
12337 Preakness Dr	0.36mi	4/2.0 (+1)	1,697 (+10%)	2mo	$273,980	$161	60
12373 Preakness Dr	0.37mi	4/2.0 (+1)	1,697 (+10%)	2mo	$268,900	$158	59
12361 Preakness Dr	0.37mi	4/2.0 (+1)	1,697 (+10%)	2mo	$271,900	$160	58
13042 Vermilion Dr	0.71mi	4/2.0 (+1)	1,750 (+14%)	3mo	$250,000	$143	36

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

5-year hold

• IRR: -25.3%
• Equity multiple: 0.13×
• Total profit: $-65,733
• Equity at exit: $40,429

10-year hold

• IRR: -19.2%
• Equity multiple: -0.06×
• Total profit: $-80,593
• Equity at exit: $23,444

Cash invested: $75,922 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 60 active · 46 under contract
• Months of supply: 7.3 mo (14%/mo absorbed)
• Median asking: $255,255 ($154/sqft)
• Median days on market: 101 d
• This list price: 28% of active listings are priced below it
• ARV vs active asking: +14.4% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70726

• Rents YoY: 3.8%
• Active inventory: 1258
• Price-to-rent: 10.7×

Monthly cashflow live

• Estimated rent: $1,906 high
• Mortgage (P&I): −$1,422
• Tax est. 1.5%: −$339 /mo · $4,067/yr
• Insurance: −$113
• HOA: −$0
• Vacancy / Maint / Mgmt: −$400
• Net cashflow: $-368

Break-even live

Break-even rent $2,372

Max offer price $217,918

Occupancy floor —

Sensitivity live

Price	-10% $-180	-5% $-274	+0% $-368	+5% $-462	+10% $-555
Rent	-10% $-518	-5% $-443	+0% $-368	+5% $-293	+10% $-217
Rate	-1.0pp $-231	-0.5pp $-299	base $-368	+0.5pp $-438	+1.0pp $-510

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: $67,787
• Closing costs: $8,134
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
23209 Kudu Trail Dr Denham Springs, LA	3.0	2.0	1887	$2,100	$1.11	93d	1	0.15mi
23209 Kudu Trail Dr Denham Springs, LA	3.0	2.0	1887	$1,850	$0.98	72d	1	0.15mi
23340 Ruger Dr Denham Springs, LA	4.0	2.0	1826	$1,800	$0.99	72d	1	0.46mi
23248 Cinder Dr Denham Springs, LA	3.0	2.0	1451	$1,986	$1.37	16d	1	0.62mi
13783 Fig Dr Denham Springs, LA	3.0	2.0	1613	$1,900	$1.18	72d	1	0.85mi
22871 Balsam Dr Denham Springs, LA	4.0	2.0	1814	$1,975	$1.09	72d	1	0.98mi
13739 Pinyon Dr Denham Springs, LA	3.0	2.0	1618	$2,086	$1.29	16d	1	1.00mi
22857 Monterey Ave Dennis Mills, LA	3.0	2.0	1618	$2,086	$1.29	16d	1	1.02mi
23295 Mango Dr Denham Springs, LA	4.0	2.0	1939	$2,100	$1.08	16d	1	1.02mi
22862 Monterey Ave Dennis Mills, LA	3.0	2.0	1618	$1,875	$1.16	93d	1	1.04mi
13772 Willowmore Dr Dennis Mills, LA	3.0	2.0	1618	$2,045	$1.26	16d	1	1.10mi
13419 Hammack Rd Unit A Denham Springs, LA	2.0	2.0	1375	$1,350	$0.98	72d	1	1.33mi
11342 Woodlore Dr Denham Springs, LA	3.0	2.0	1511	$1,500	$0.99	63d	1	1.36mi

Listing history 50 events

1. 2026-08-08
   days on market $244,990 Active 134 DOM
2. 2026-08-07
   days on market $244,990 Active 133 DOM
3. 2026-08-06
   days on market $244,990 Active 132 DOM
4. 2026-08-05
   days on market $244,990 Active 131 DOM
5. 2026-08-04
   days on market $244,990 Active 130 DOM
6. 2026-08-03
   days on market $244,990 Active 129 DOM
7. 2026-07-31
   days on market $244,990 Active 126 DOM
8. 2026-07-29
   days on market $244,990 Active 124 DOM
9. 2026-07-27
   days on market $244,990 Active 122 DOM
10. 2026-07-25
    days on market $244,990 Active 120 DOM
11. 2026-07-23
    days on market $244,990 Active 118 DOM
12. 2026-07-22
    days on market $244,990 Active 117 DOM
13. 2026-07-21
    days on market $244,990 Active 116 DOM
14. 2026-07-18
    days on market $244,990 Active 113 DOM
15. 2026-07-16
    days on market $244,990 Active 111 DOM
16. 2026-07-16
    days on market $244,990 Active 110 DOM
17. 2026-07-14
    days on market $244,990 Active 109 DOM
18. 2026-07-13
    days on market $244,990 Active 108 DOM
19. 2026-07-12
    days on market $244,990 Active 107 DOM
20. 2026-07-11
    days on market $244,990 Active 106 DOM
21. 2026-07-10
    days on market $244,990 Active 105 DOM
22. 2026-07-09
    days on market $244,990 Active 104 DOM
23. 2026-07-07
    days on market $244,990 Active 102 DOM
24. 2026-07-07
    days on market $244,990 Active 101 DOM
25. 2026-07-05
    days on market $244,990 Active 100 DOM
26. 2026-07-04
    days on market $244,990 Active 99 DOM
27. 2026-07-03
    days on market $244,990 Active 98 DOM
28. 2026-07-02
    days on market $244,990 Active 97 DOM
29. 2026-07-01
    days on market $244,990 Active 96 DOM
30. 2026-06-30
    days on market $244,990 Active 95 DOM
31. 2026-06-29
    days on market $244,990 Active 94 DOM
32. 2026-06-28
    days on market $244,990 Active 93 DOM
33. 2026-06-28
    days on market $244,990 Active 92 DOM
34. 2026-06-27
    days on market $244,990 Active 91 DOM
35. 2026-06-25
    days on market $244,990 Active 89 DOM
36. 2026-06-23
    days on market $244,990 Active 87 DOM
37. 2026-06-22
    days on market $244,990 Active 86 DOM
38. 2026-06-18
    days on market $244,990 Active 83 DOM
39. 2026-06-17
    days on market $244,990 Active 82 DOM
40. 2026-06-16
    days on market $244,990 Active 81 DOM
41. 2026-06-15
    days on market $244,990 Active 80 DOM
42. 2026-06-14
    days on market $244,990 Active 78 DOM
43. 2026-06-13
    days on market $244,990 Active 77 DOM
44. 2026-06-10
    days on market $244,990 Active 75 DOM
45. 2026-06-08
    days on market $244,990 Active 73 DOM
46. 2026-06-07
    days on market $244,990 Active 72 DOM
47. 2026-06-03
    days on market $244,990 Active 68 DOM
48. 2026-06-02
    days on market $244,990 Active 67 DOM
49. 2026-06-01
    days on market $244,990 Active 66 DOM
50. 2026-05-31
    days on market $244,990 Active 65 DOM

ⓘ 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: $22,876
• − Mortgage interest: −$15,189
• − Property taxes: −$4,067
• − Insurance: −$1,356
• − Repairs & maintenance: −$1,830
• − Management: −$1,830
• − Depreciation: −$7,888
• Taxable loss: −$9,284
• Est. tax savings @ 24.0%: +$2,228
• After-tax cash flow: $-2,186/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.

Condition & rehab AI · 2 photos

Good 80/100 Cosmetic rehab Est. rehab $7,690–$23,070 screening

The Carlton IV A home is in good condition with a well-maintained exterior and interior. A fresh coat of paint on the exterior shutters and interior walls can significantly enhance its curb appeal and value.

Value-add opportunities

• Both Paint exterior shutters — Enhances curb appeal and can increase both resale and rental value. ↑
• Both Paint interior walls — Fresh paint can make the interior look more inviting and can increase both resale and rental value. ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 46/100

Zoned Schools

High Walker High School D- LA #55/265 Nat'l #6,744/17,239

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

B Composite livability gradescore 74/100

Livability — Denham Springs

• Score: 74/100
• State rank: #29
• US rank: #4939

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Livingston Parish · 158,511 people
• City population: 63,575
• Metro: Baton Rouge, LA
• Population (ZIP): 63,575
• Household income: $78,621
• Rent vs Own: 27.0% rent · 73.0% own
• Severe rent burden: 15% of renters

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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%

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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%

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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

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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

• 2026-03-28 Listed $244,990 Zillow