3625 Seneca St · Baton Rouge, LA 70805

$60,000

2 bd · 1.0 ba · 980 sqft · SingleFamily · 13 Days on market

Built 1975 6,534 sqft lot

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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
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Rent growth +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your charming oasis in the heart of Baton Rouge! This delightful 2-bedroom, 1-bath home perfectly marries classic charm with modern upgrades. As you approach, you'll immediately notice the glistening new roof and feel comforted by the recently installed A/C unit--ensuring year-round comfort for any future homeowner. Step inside to discover original wood floors that exude warmth and timeless elegance throughout each room. The flexible kitchen setup allows for either a gas or electric oven connection, catering to every culinary preference. Ideal for both first-time buyers and savvy investors, this property promises endless potential. Venture outdoors where you'll find a newly constructed outhouse specifically designed to accommodate a washer and dryer, adding convenience without compromising indoor space. Nestled in a quiet neighborhood yet close to all essential amenities, this home offers a perfect balance between tranquility and accessibility. Don't miss out on this extraordinary opportunity--whether it's your gateway into homeownership or an addition to your investment portfolio, this Baton Rouge beauty is ready to welcome its next chapter with you!

Key facts

• Original wood floors
• Quiet neighborhood
• New roof

Tags

• NEW ROOF
• RECENTLY INSTALLED A/C UNIT
• ORIGINAL WOOD FLOORS
• FLEXIBLE KITCHEN SETUP
• NEWLY CONSTRUCTED OUTHOUSE
• QUIET NEIGHBORHOOD

Property features AI

Finance

• Other: Directions: South on Acadian, east on Seneca St
• HOA & community: Located in Prescott Place subdivision

Exterior

• Parking: 1 parking space
• Utilities: Public water
• Home design: Detached single-family residence; Residential property
• Construction: Built on pillar/post/pier foundation
• Exterior features: Stucco exterior; Lot approximately 0.15 acres (about 53 x 102 feet)

Interior

• Bathrooms: 1 full bathroom
• Interior features: Central heating; Central air conditioning

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 $328 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($886 rent vs $60k).
• Cap rate 12.9% 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 soft (-1.2%/yr); 155 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 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 42% of the median local income ($25k/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 $415 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 + 0.0% rent growth), your $17k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts 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

• 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.

Recommended offer $60,000

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.48% ✓
• Cap rate: 12.85%
• Cash-on-cash: 23.42%
• DSCR: 2.04
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $35,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3969 Chippewa St	0.25mi	2/1.0	964 (-2%)	11mo	$35,000	$36	76
3032 Seneca St	0.30mi	2/1.0	1,000 (+2%)	8mo	$10,000	$10	76
3911 Dalton St	0.23mi	3/1.0 (+1)	1,033 (+5%)	2mo	$29,000	$28	74
3216 Brady St	0.31mi	3/1.0 (+1)	1,038 (+6%)	6mo	$69,900	$67	65
4014 Dalton St	0.30mi	2/1.0	890 (-9%)	10mo	$27,200	$31	62
4273 Adams Ave	0.45mi	3/1.0 (+1)	1,062 (+8%)	2mo	$64,900	$61	58
4051 N Barrow Dr	0.43mi	3/2.0 (+1)	1,040 (+6%)	5mo	$175,000	$168	57
1934 N 37th St	0.40mi	3/1.0 (+1)	1,112 (+14%)	13mo	$149,900	$135	43
3083 Mission Dr	0.60mi	2/1.0	1,104 (+13%)	14mo	$31,200	$28	39
4714 Fairfields Ave	0.70mi	2/1.0	1,100 (+12%)	12mo	$39,000	$35	37
2645 Jefferson Ave	0.71mi	2/1.0	1,123 (+15%)	8mo	$9,750	$9	36
2526 Adams Ave	0.65mi	3/1.0 (+1)	1,124 (+15%)	13mo	$130,000	$116	30

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 13.2%
• Equity multiple: 1.51×
• Total profit: $8,553
• Equity at exit: $8,946

10-year hold

• IRR: 19.8%
• Equity multiple: 2.44×
• Total profit: $24,256
• Equity at exit: $5,188

Cash invested: $16,800 (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 70805

• Rents YoY: -1.2%
• Active inventory: 155
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $886 high
• Mortgage (P&I): −$315
• Tax from tax record: −$32 /mo · $386/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$186
• Net cashflow: $328

Break-even live

Break-even rent $471

Max offer price $60,000

Occupancy floor 58%

Sensitivity live

Price	-10% $362	-5% $345	+0% $328	+5% $311	+10% $294
Rent	-10% $258	-5% $293	+0% $328	+5% $363	+10% $398
Rate	-1.0pp $358	-0.5pp $343	base $328	+0.5pp $312	+1.0pp $297

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3936 Dalton St Baton Rouge, LA	2.0	1.0	900	$750	$0.83	19d	1	0.20mi
3859 Brady St Baton Rouge, LA	2.0	1.0	800	$775	$0.97	44d	1	0.23mi
3160 Wyandotte St Baton Rouge, LA	2.0	1.0	1100	$800	$0.73	44d	1	0.75mi
1409 N 35th St Baton Rouge, LA	3.0	2.0	912	$750	$0.82	24d	1	0.75mi
1348 N 37th St Baton Rouge, LA	3.0	1.0	1100	$1,200	$1.09	44d	1	0.76mi
3577 Mission Dr Baton Rouge, LA	2.0	1.0	755	$950	$1.26	19d	1	0.79mi
1404 N 29th St Baton Rouge, LA	3.0	2.0	1120	$1,100	$0.98	44d	1	0.81mi
3647 Mission Dr Baton Rouge, LA	3.0	1.0	900	$895	$0.99	24d	1	0.83mi
1305 N 30th St Baton Rouge, LA	2.0	1.0	1000	$900	$0.90	24d	1	0.84mi
1217 N 44th St Baton Rouge, LA	3.0	2.0	1028	$950	$0.92	24d	1	0.96mi
3540 N Foster Dr Baton Rouge, LA	2.0	1.0	1000	$1,000	$1.00	24d	1	0.98mi
4380 Mohican-Prescott Crossover Baton Rouge, LA	2.0	2.0	910	$1,055	$1.16	44d	1	1.08mi
2606 Weller Ave Baton Rouge, LA	2.0	1.0	1000	$650	$0.65	44d	1	1.10mi
1201 N Foster Dr Baton Rouge, LA	1.0–3.0	1.0–3.0	1300	$1,240	$0.95	14d	31	1.16mi
3258 Blackwell Dr Baton Rouge, LA	1.0	1.0	562	$750	$1.33	24d	1	1.20mi
2852 Dayton St Baton Rouge, LA	2.0	1.0	1020	$850	$0.83	24d	1	1.20mi
2933 Dayton St Unit A Baton Rouge, LA	1.0	1.0	800	$540	$0.68	14d	1	1.21mi
636 N 39th St Apt 2 Baton Rouge, LA	2.0	1.0	700	$900	$1.29	14d	1	1.24mi
787 N 47th St Baton Rouge, LA	3.0	2.0	1000	$800	$0.80	24d	1	1.28mi
1847 N 16th St Baton Rouge, LA	3.0	2.0	909	$1,250	$1.38	14d	1	1.33mi
532 Live Oak Blvd Unit 532 Baton Rouge, LA	3.0	2.0	1000	$1,200	$1.20	24d	1	1.33mi

Listing history 10 events

1. 2026-06-18
   days on market $60,000 Active 13 DOM
2. 2026-06-17
   days on market $60,000 Active 12 DOM
3. 2026-06-16
   days on market $60,000 Active 11 DOM
4. 2026-06-15
   days on market $60,000 Active 10 DOM
5. 2026-06-14
   days on market $60,000 Active 8 DOM
6. 2026-06-10
   days on market $60,000 Active 5 DOM
7. 2026-06-09
   days on market $60,000 Active 4 DOM
8. 2026-06-08
   days on market $60,000 Active 3 DOM
9. 2026-06-07
   remarks 693-char remark
10. 2026-06-07
    listed $60,000 Active 2 DOM

ⓘ 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: $386 · $32/mo
• Projected year-2 tax: $386 · $32/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

Taxation est. · year 1

• Rental income: $10,629
• − Mortgage interest: −$3,361
• − Property taxes: −$386
• − Insurance: −$300
• − Repairs & maintenance: −$850
• − Management: −$850
• − Depreciation: −$1,745
• Taxable income: $3,136
• Est. tax owed @ 24.0%: −$753
• After-tax cash flow: $3,182/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

• Census place: Baton Rouge, LA
• County: East Baton Rouge Parish · 399,686 people
• City population: 351,868
• Metro: Baton Rouge, LA
• Population (ZIP): 23,288
• Household income: $25,397
• Rent vs Own: 59.5% rent · 40.5% own
• Severe rent burden: 1980.0

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 (95%)
• Race & ethnicity: Black 95% Hispanic / Latino 2% White 2% Two or more races 1%
• Common ancestry: Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 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: ▼ -110.79%
• Current HPI: 75.7121
• Rent YoY: ▼ -1.21%
• 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

+0.0% since first listed

3 events — show timeline

• 2026-06-05 Listed $60,000 AcadianaMLS
• 2026-06-05 Listed $60,000 GBRMLS
• 1990-07-10 Sold (Public Records) — Public Records

Property tax history

+2.4%/yr

Latest (2025): $386 · +4.7% YoY. Source: county tax records.