1812 Filhiol Ave · Monroe, LA 71203

$120,000

2 bd · 1.0 ba · 896 sqft · SingleFamily public records · 91 Days on market

Built 1951

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Why this score? — see what drove the C 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 +25.9/30.0
• DSCR +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment opportunity! Come check out this 2 bedroom, 1 bath home in Monroe! Heated square ft 896 & Total Sq ft 1160. Close to ULM! Call your favorite realtor and schedule your private showing today!

Key facts

• Listed 90 days

Property features AI

Finance

• Other: Located in the Crescent Bend subdivision; Directions: Go north on 165, turn left on Webster, then left on Filhiol
• HOA & community: No association amenities

Exterior

• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residence; Site-built home; One story; Entry level: 1
• Construction: Vinyl siding; Slab foundation
• Exterior features: No patio or porch; No fencing; Asphalt roof

Interior

• Kitchen: Electric range
• Bedrooms: 2 main-level bedrooms
• Bathrooms: 1 full bathroom
• Heating & cooling: Electric heating; Central air conditioning
• Interior features: Electric range; Gas water heater; No fireplace
• Laundry & utility: Gas water heater

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $294 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Recommended offer: $109k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 5.7% in Monroe — 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 66/100 on livability (#128 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: crime F, amenities F, commute F.
• City Of Monroe School District (urban): math 21% / reading 31% proficiency, ranked #60 of 98 in LA (top 61%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 82% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 437 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 345 units permitted in Ouachita Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $830 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($109k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.

Risks & watch-outs

• Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 78% chance of damaging wind over 30y; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,200 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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?
6. 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.
7. 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.
8. 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: 1.07% ✓
• Cap rate: 9.23%
• Cash-on-cash: 10.50%
• DSCR: 1.47
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -0.6%
• Equity multiple: 0.98×
• Total profit: $-767
• Equity at exit: $17,892

10-year hold

• IRR: 9.0%
• Equity multiple: 1.69×
• Total profit: $23,244
• Equity at exit: $10,375

Cash invested: $33,600 (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 71203

• Home prices YoY: -32.4%
• Active inventory: 437
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,279 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$37 /mo · $446/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $294

Break-even live

Break-even rent $907

Max offer price $120,000

Occupancy floor 72%

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: $30,000
• Closing costs: $3,600
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3200 Sterlington Rd Unit HC Monroe, LA	2.0	2.0	1112	$1,150	$1.03	21d	1	1.12mi
3200 Sterlington Rd Monroe, LA	1.0	1.0	868	$1,150	$1.32	21d	1	1.23mi

Listing history 22 events

1. 2026-06-19
   days on market $120,000 Active 91 DOM
2. 2026-06-18
   days on market $120,000 Active 90 DOM
3. 2026-06-17
   days on market $120,000 Active 89 DOM
4. 2026-06-16
   days on market $120,000 Active 88 DOM
5. 2026-06-15
   days on market $120,000 Active 87 DOM
6. 2026-06-14
   days on market $120,000 Active 85 DOM
7. 2026-06-13
   days on market $120,000 Active 84 DOM
8. 2026-06-10
   days on market $120,000 Active 82 DOM
9. 2026-06-09
   days on market $120,000 Active 81 DOM
10. 2026-06-08
    days on market $120,000 Active 80 DOM
11. 2026-06-07
    days on market $120,000 Active 79 DOM
12. 2026-06-05
    days on market $120,000 Active 76 DOM
13. 2026-06-02
    days on market $120,000 Active 74 DOM
14. 2026-06-01
    days on market $120,000 Active 73 DOM
15. 2026-05-31
    days on market $120,000 Active 72 DOM
16. 2026-05-30
    days on market $120,000 Active 71 DOM
17. 2026-03-20
    listed $120,000 Active
18. 2023-07-27
    historical
19. 2023-05-01
    soldstatus Closed 212-char remark

    Show marketing remark (212 chars)

    Great investment opportunity! Come check out this 2 bedroom, 1 bath home in Monroe! Heated square ft 896 & Total Sq ft 1160. Close to ULM! Call your favorite realtor and schedule your private showing today!

20. 2023-03-21
    price $74,500 212-char remark

    Show marketing remark (212 chars)

    Great investment opportunity! Come check out this 2 bedroom, 1 bath home in Monroe! Heated square ft 896 & Total Sq ft 1160. Close to ULM! Call your favorite realtor and schedule your private showing today!

21. 2023-01-07
    price $79,999 212-char remark

    Show marketing remark (212 chars)

    Great investment opportunity! Come check out this 2 bedroom, 1 bath home in Monroe! Heated square ft 896 & Total Sq ft 1160. Close to ULM! Call your favorite realtor and schedule your private showing today!

22. 2022-10-06
    listed $89,000 Active 212-char remark

    Show marketing remark (212 chars)

    Great investment opportunity! Come check out this 2 bedroom, 1 bath home in Monroe! Heated square ft 896 & Total Sq ft 1160. Close to ULM! Call your favorite realtor and schedule your private showing today!

ⓘ 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: $446 · $37/mo
• Projected year-2 tax: $660 · $55/mo
• Expected delta: +$214/yr (+$18/mo · 47.9%)

ⓘ 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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥112°F today · 18 d/yr by 30 yrs out
• 💨 Wind 7/10 Severe 78% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,350
• − Mortgage interest: −$6,722
• − Property taxes: −$446
• − Insurance: −$600
• − Repairs & maintenance: −$1,228
• − Management: −$1,228
• − Depreciation: −$3,491
• Taxable income: $1,635
• Est. tax owed @ 24.0%: −$392
• After-tax cash flow: $3,136/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: City Of Monroe School District
• NCES district ID: 2201080
• Math proficiency: 21% ▼ -36.00%
• Reading proficiency: 31% ▼ -34.00%
• Median HH income: $28,751
• Composite: 20.82/100
• National rank: #8505
• State rank: #60 of 98 in LA

Livability — Monroe

• Score: 66/100
• State rank: #128
• US rank: #11948

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Monroe, LA
• County: Ouachita Parish · 118,340 people
• City population: 60,136
• Metro: Monroe, LA
• Population (ZIP): 38,354
• Household income: $52,326
• Rent vs Own: 43.7% rent · 56.3% own
• Severe rent burden: 2085.0

Population outlook (Ouachita County) Hauer SSP2

• Today (2025): 163,370 people
• By 2030: 165,520 · +1.3%
• By 2040: 167,652 · +2.6%
• By 2050: 166,699 · +2.0%
• By 2075: 156,348 · -4.3%
• By 2100: 134,102 · -17.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 48% White 45% Two or more races 4% Hispanic / Latino 3% Asian 1%
• Common ancestry: Lithuanian 3% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Ouachita

• 2024 margin: Strong R (+27.9) · D 35.5% · R 63.3% · Other 1.2%
• 2008→2024 swing: -2.7pp toward R · 2008: -25.2pp · 2024: -27.9pp
• All cycles: 2024: R+27.9 2020: R+23.6 2016: R+25.4 2012: R+20.9 2008: R+25.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -99.01%
• Current HPI: 206.1948
• Rent YoY: —
• Metro: Monroe, 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

+34.8% since first listed

6 events — show timeline

• 2026-03-20 Listed $120,000 NELABOR
• 2023-07-27 Rental Removed — APPFOLIO
• 2023-05-01 Sold (MLS) — NELABOR
• 2023-03-21 Price Changed $74,500 NELABOR
• 2023-01-07 Price Changed $79,999 NELABOR
• 2022-10-06 Listed $89,000 NELABOR

Property tax history

+1.3%/yr

Latest (2025): $446 · -0.1% YoY. Source: county tax records.