3323 King Bradford Dr · Baton Rouge, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- 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
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 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 +27.2/30.0
- ARV discount +15.0/15.0
- DSCR +9.5/10.0
- 1% rule +6.8/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Schools +2.4/10.0
- Appreciation +0.0/10.0
$114,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming Townhouse in a Prime Location Near Jones Creek! Move-in ready and thoughtfully maintained, this three-bedroom townhouse offers comfort and space with thoughtful touches throughout. The kitchen comes fully equipped with appliances, including a refrigerator, dishwasher, and even a washer and dryer that remain with the home. The open living area features a cozy brick fireplace and built-in shelving for added character and functionality. This home offers two full bathrooms, including a convenient downstairs suite with direct access to the laundry room. The main bedroom downstairs also features brand-new, beautiful glass sliding doors that bring in natural light and easy outdoor access. All three bedrooms include spacious walk-in closets, providing plenty of storage throughout. A soundproof barrier between units adds extra privacy and quiet, something you'll truly appreciate in townhouse living. Outside, you'll find two off-street parking spots, a shed for additional storage, a brand-new bridge leading to the front sidewalk, and a new post on the mailbox that adds a clean, updated touch to the curb appeal. Located near the Jones Creek corridor and St. Michael, you'll enjoy convenient access to shopping, dining, and schools in a highly desirable area. Don't miss your opportunity to own this Town home in a fantastic location. Schedule your private showing today!
Key facts
- Downstairs suite
- Glass sliding doors
- Cozy brick fireplace
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $115k.
Deal economics
- At list price, monthly cash flow is $329 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $115k).
- Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
- Cap rate 9.7% 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; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k 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 66 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 26y 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 $90k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: 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.
Questions for the listing agent
- It's been on market 66 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- 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
- 1.18% ✓
- Cap rate
- 9.73%
- Cash-on-cash
- 12.27%
- DSCR
- 1.55
- GRM
- 7.1
CMA / ARV
- ARV (on-the-fly)
- $214,968
- Comps found
- 11
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 16161 Chancel Ave Unit A1 | 0.42mi | 3/2.0 | 1,433 (+4%) | 4mo | $246,990 | $172 | 70 |
| 15152 Mary Elizabeth Dr | 0.58mi | 3/2.0 | 1,388 (+1%) | 4mo | $220,000 | $159 | 69 |
| 15356 Mary Louise Ave | 0.51mi | 3/2.0 | 1,378 (0%) | 10mo | $214,900 | $156 | 68 |
| 3605 Courtney Elizabeth Dr | 0.43mi | 3/2.0 | 1,450 (+5%) | 4mo | $199,900 | $138 | 68 |
| 15182 Mary Elizabeth Dr | 0.56mi | 3/2.0 | 1,300 (-6%) | 0mo | $195,000 | $150 | 64 |
| 3755 Merritt Anne Dr | 0.50mi | 3/2.0 | 1,291 (-6%) | 5mo | $214,900 | $166 | 62 |
| 15353 Wentworth Ct | 0.40mi | 3/2.0 | 1,338 (-3%) | 19mo | $1,600 | $1 | 60 |
| 15142 Mary Elizabeth Dr | 0.58mi | 3/2.0 | 1,387 (+1%) | 18mo | $210,000 | $151 | 56 |
| 3737 James Victor Dr | 0.45mi | 2/2.0 (-1) | 1,300 (-6%) | 12mo | $210,000 | $162 | 55 |
| 3623 Olga Lee Dr | 0.54mi | 3/2.0 | 1,414 (+3%) | 22mo | $210,000 | $149 | 52 |
| 3636 Kevin Ryan Dr | 0.53mi | 3/2.0 | 1,272 (-8%) | 16mo | $222,000 | $175 | 49 |
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
- IRR
- -1.2%
- Equity multiple
- 0.96×
- Total profit
- $-1,433
- Equity at exit
- $17,132
- IRR
- 5.3%
- Equity multiple
- 1.35×
- Total profit
- $11,120
- Equity at exit
- $9,934
Cash invested: $32,172 (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 70816
- Rents YoY
- 0.2%
- Active inventory
- 250
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $1,351 high interval (Pro) →
- Mortgage (P&I)
- −$603
- Tax from tax record
- −$88 /mo · $1,059/yr
- Insurance
- −$48
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$284
- Net cashflow
- $329
Break-even live
Sensitivity live
| Price | -10% $394 | -5% $362 | +0% $329 | +5% $296 | +10% $264 |
|---|---|---|---|---|---|
| Rent | -10% $222 | -5% $276 | +0% $329 | +5% $382 | +10% $436 |
| Rate | -1.0pp $387 | -0.5pp $358 | base $329 | +0.5pp $299 | +1.0pp $269 |
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
- $28,725
- Closing costs
- $3,447
- 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 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3412 Yorkfield Dr Unit D Baton Rouge, LA | 2.0 | 1.5 | 1010 | $900 | $0.89 | 24d | 1 | 0.06mi |
| 3412 Yorkfield Dr Unit D Baton Rouge, LA | 2.0 | 1.5 | 1010 | $1,000 | $0.99 | 44d | 1 | 0.06mi |
| 3412 Yorkfield Dr Baton Rouge, LA | 2.0 | 1.5 | 1128 | $950 | $0.84 | 44d | 1 | 0.06mi |
| 3482 King Bradford Dr Baton Rouge, LA | 2.0 | 2.0 | 980 | $1,100 | $1.12 | 24d | 1 | 0.18mi |
| 2989 O'Neal Ln Unit 2989 Baton Rouge, LA | 2.0 | 1.5 | 1073 | $900 | $0.84 | 44d | 1 | 0.22mi |
| 2931 Niccoline Way Baton Rouge, LA | 3.0 | 2.0 | 1436 | $2,000 | $1.39 | 44d | 1 | 0.24mi |
| 16218 Thorncrown Ln Baton Rouge, LA | 2.0 | 2.0 | 1383 | $1,800 | $1.30 | 45d | 1 | 0.25mi |
| 15513 Fields Creek Ave Baton Rouge, LA | 3.0 | 2.0 | 1595 | $2,295 | $1.44 | 24d | 1 | 0.42mi |
| 16625 Poe Ave Baton Rouge, LA | 3.0–5.0 | 2.0–3.0 | 1763 | $1,995 | $1.13 | 15d | 6 | 0.43mi |
| 16625 Poe Ave Baton Rouge, LA | 3.0–5.0 | 2.0–3.0 | 1698 | $1,895 | $1.12 | 45d | 1 | 0.43mi |
| 16441 S Harrells Ferry Rd Baton Rouge, LA | 1.0–4.0 | 1.0–2.0 | 1166 | $1,232 | $1.06 | 15d | 23 | 0.52mi |
| 15444 Summerwood Ave Baton Rouge, LA | 2.0 | 2.0 | 1323 | $1,650 | $1.25 | 24d | 1 | 0.93mi |
| 4719 Mendocino Way Baton Rouge, LA | 4.0 | 2.0 | 1704 | $2,200 | $1.29 | 15d | 1 | 0.98mi |
| 4804 Mokki Ln Baton Rouge, LA | 3.0 | 2.0 | 1440 | $1,875 | $1.30 | 22d | 1 | 1.00mi |
| 2208 Sprucewood Dr Baton Rouge, LA | 4.0 | 2.0 | 1872 | $2,100 | $1.12 | 24d | 1 | 1.02mi |
| 4844 Mokki Ln Baton Rouge, LA | 3.0 | 2.0 | 1440 | $1,690 | $1.17 | 44d | 1 | 1.04mi |
| 14355 S Harrells Ferry Rd Baton Rouge, LA | 1.0–2.0 | 1.0–2.0 | 1050 | $1,025 | $0.98 | 15d | 1 | 1.11mi |
| 14142 Watercrest Ln Baton Rouge, LA | 3.0 | 3.0 | 1875 | $2,300 | $1.23 | 15d | 1 | 1.11mi |
| 2455 Weldwood Dr Baton Rouge, LA | 1.0–2.0 | 1.0–2.0 | 858 | $1,471 | $1.71 | 15d | 22 | 1.17mi |
| 4810 Kennesaw Dr Unit 4810-C Baton Rouge, LA | 3.0 | 2.0 | 1275 | $1,100 | $0.86 | 44d | 1 | 1.17mi |
| 5213 Berryville Ct Baton Rouge, LA | 3.0 | 2.0 | 1237 | $1,750 | $1.41 | 15d | 1 | 1.17mi |
| 15580 George Oneal Rd Baton Rouge, LA | 1.0–3.0 | 1.0–2.0 | 1063 | $1,510 | $1.42 | 15d | 8 | 1.18mi |
| 16534 George Oneal Rd Apt C Baton Rouge, LA | 2.0 | 1.5 | 900 | $950 | $1.06 | 24d | 1 | 1.21mi |
| 5157 Cumberland Cove Dr Baton Rouge, LA | 3.0 | 2.0 | 1159 | $1,650 | $1.42 | 15d | 1 | 1.24mi |
| 13675 Coursey Blvd Baton Rouge, LA | 1.0–3.0 | 1.0–2.0 | 951 | $1,300 | $1.37 | 44d | 23 | 1.31mi |
| 2750 Millerville Rd Baton Rouge, LA | 1.0–2.0 | 1.0–2.0 | 975 | $1,459 | $1.50 | 44d | 1 | 1.36mi |
| 5714 Ardmore Dr Baton Rouge, LA | 3.0 | 2.0 | 1700 | $1,700 | $1.00 | 15d | 1 | 1.48mi |
Listing history 11 events
-
2026-04-29status Pending 1386-char remark
Show marketing remark (1386 chars)
Charming Townhouse in a Prime Location Near Jones Creek! Move-in ready and thoughtfully maintained, this three-bedroom townhouse offers comfort and space with thoughtful touches throughout. The kitchen comes fully equipped with appliances, including a refrigerator, dishwasher, and even a washer and dryer that remain with the home. The open living area features a cozy brick fireplace and built-in shelving for added character and functionality. This home offers two full bathrooms, including a convenient downstairs suite with direct access to the laundry room. The main bedroom downstairs also features brand-new, beautiful glass sliding doors that bring in natural light and easy outdoor access. All three bedrooms include spacious walk-in closets, providing plenty of storage throughout. A soundproof barrier between units adds extra privacy and quiet, something you'll truly appreciate in townhouse living. Outside, you'll find two off-street parking spots, a shed for additional storage, a brand-new bridge leading to the front sidewalk, and a new post on the mailbox that adds a clean, updated touch to the curb appeal. Located near the Jones Creek corridor and St. Michael, you'll enjoy convenient access to shopping, dining, and schools in a highly desirable area. Don't miss your opportunity to own this Town home in a fantastic location. Schedule your private showing today!
-
2026-04-28status Pending
-
2026-03-06status Active
-
2026-02-20$114,900 Active
Show marketing remark (1386 chars)
Charming Townhouse in a Prime Location Near Jones Creek! Move-in ready and thoughtfully maintained, this three-bedroom townhouse offers comfort and space with thoughtful touches throughout. The kitchen comes fully equipped with appliances, including a refrigerator, dishwasher, and even a washer and dryer that remain with the home. The open living area features a cozy brick fireplace and built-in shelving for added character and functionality. This home offers two full bathrooms, including a convenient downstairs suite with direct access to the laundry room. The main bedroom downstairs also features brand-new, beautiful glass sliding doors that bring in natural light and easy outdoor access. All three bedrooms include spacious walk-in closets, providing plenty of storage throughout. A soundproof barrier between units adds extra privacy and quiet, something you'll truly appreciate in townhouse living. Outside, you'll find two off-street parking spots, a shed for additional storage, a brand-new bridge leading to the front sidewalk, and a new post on the mailbox that adds a clean, updated touch to the curb appeal. Located near the Jones Creek corridor and St. Michael, you'll enjoy convenient access to shopping, dining, and schools in a highly desirable area. Don't miss your opportunity to own this Town home in a fantastic location. Schedule your private showing today!
-
2026-02-20$114,900 Active 1386-char remark
Show marketing remark (1386 chars)
Charming Townhouse in a Prime Location Near Jones Creek! Move-in ready and thoughtfully maintained, this three-bedroom townhouse offers comfort and space with thoughtful touches throughout. The kitchen comes fully equipped with appliances, including a refrigerator, dishwasher, and even a washer and dryer that remain with the home. The open living area features a cozy brick fireplace and built-in shelving for added character and functionality. This home offers two full bathrooms, including a convenient downstairs suite with direct access to the laundry room. The main bedroom downstairs also features brand-new, beautiful glass sliding doors that bring in natural light and easy outdoor access. All three bedrooms include spacious walk-in closets, providing plenty of storage throughout. A soundproof barrier between units adds extra privacy and quiet, something you'll truly appreciate in townhouse living. Outside, you'll find two off-street parking spots, a shed for additional storage, a brand-new bridge leading to the front sidewalk, and a new post on the mailbox that adds a clean, updated touch to the curb appeal. Located near the Jones Creek corridor and St. Michael, you'll enjoy convenient access to shopping, dining, and schools in a highly desirable area. Don't miss your opportunity to own this Town home in a fantastic location. Schedule your private showing today!
-
2006-07-25soldstatus $89,900
-
2006-06-27$89,000
-
2002-12-20$74,900
-
2002-12-20$74,900
-
2000-09-27soldstatus
-
2000-06-07$70,000
ⓘ 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
- $1,059 · $88/mo
- Projected year-2 tax
- $1,059 · $88/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 · 0% chance over 30 yrs
- Wildfire 1/10 Low
- 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 2 unhealthy d/yr today · 3 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
- $16,217
- − Mortgage interest
- −$6,436
- − Property taxes
- −$1,059
- − Insurance
- −$574
- − Repairs & maintenance
- −$1,297
- − Management
- −$1,297
- − Depreciation
- −$3,343
- Taxable income
- $2,211
- Est. tax owed @ 24.0%
- −$531
- After-tax cash flow
- $3,417/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
- 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
- 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
+64.1% since first listed11 events — show timeline
- 2026-04-29 Pending — AcadianaMLS
- 2026-04-28 Pending — GBRMLS
- 2026-03-06 Relisted — GBRMLS
- 2026-02-20 Listed $114,900 GBRMLS
- 2026-02-20 Listed $114,900 AcadianaMLS
- 2006-07-25 Sold (Public Records) $89,900 Public Records
- 2006-06-27 Listed $89,000 AcadianaMLS
- 2002-12-20 Listed $74,900 AcadianaMLS
- 2002-12-20 Listed $74,900 GBRMLS
- 2000-09-27 Sold (Public Records) — Public Records
- 2000-06-07 Listed $70,000 AcadianaMLS
Property tax history
+16.6%/yrLatest (2025): $1,059 · -0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…