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Birch Plan 🏗️ New Construction
F Composite 34.14
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 +6.8/30.0
  • Appreciation +6.8/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.0/10.0
  • 1% rule +1.8/10.0
  • DSCR +1.1/10.0

$219,900

Birch Plan · Tickfaw, LA 70466
3 bd · 2.0 ba · 1,276 sqft · SingleFamily · 325 Days on market
↓ 2% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Birch is one of our one-story floorplans featured in Rivers Edge, a new home community in Tickfaw, Louisiana. Inside this 3-bedroom, 2-bathroom home, you'll find 1,276 square feet of enjoyable living. Once you walk into this home, you'll see two bedrooms along with the guest bathroom. Walking down the foyer, you'll then reach the laundry room, as well as the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and schedule

Key facts

  • One story floorplans
  • Garage
  • Listed 325 days

Tags

ONE STORY FLOORPLANSOPEN CONCEPT LIVING SPACESHAKER STYLE CABINETSGOOSENECK PULLDOWN FAUCETSSTAINLESS STEEL APPLIANCESSINGLE BASIN UNDERMOUNT SINK

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $219,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $245,809.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

  • At list price, monthly cash flow is $-379 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $191k (13.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $167k (24.1% below list).
  • Recommended offer: $167k (24.1% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 63/100 on livability (#203 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, crime F, amenities F.
  • Tangipahoa Parish (rural): math 18% / reading 29% proficiency, ranked #63 of 98 in LA (top 64%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Woodland Park Magnet (math 12% / reading 8%, grade F, #597 of 646 statewide, top 95%, 519 students, 88% FRL); Lucille Nesom Memorial (math 7% / reading 21%, grade F, #534 of 646 statewide, top 83%, 549 students, 83% FRL); Independence High Magnet (math 12% / reading 17%, grade F, #224 of 265 statewide, top 86%, 570 students, 80% FRL).
  • Market conditions: 69 active listings in the ZIP; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).

Forward outlook

  • In year one you build about $11k of equity ($2k loan paydown + $9k appreciation (3.6% local appreciation)).
  • Tangipahoa County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 4, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 325 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
Recommended offer $166,998 (24.1% 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 325 days. Have you received any prior offers? Is the seller open to a 24% 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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.68%
Cap rate
4.44%
Cash-on-cash
-6.62%
DSCR
0.71
GRM
12.3

CMA / ARV

ARV (median comp)
$245,809
List price
$219,900
Delta
-10.54%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 8 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
10149 Crystal Ln 0.00mi 3/2.0 1,343 (+5%) 3mo $234,900 $175 89
10198 Pearl Ln 0.12mi 3/2.0 1,281 (+0%) 7mo $221,900 $173 88
10173 Crystal Ln 0.00mi 3/2.0 1,343 (+5%) 12mo $239,900 $179 82
10162 Crystal Ln 0.00mi 3/2.0 1,343 (+5%) 12mo $239,900 $179 82
10138 Crystal Ln 0.11mi 3/2.0 1,343 (+5%) 10mo $238,900 $178 78
10178 Crystal Ln 0.15mi 3/2.0 1,349 (+6%) 9mo $238,900 $177 76
10196 Crystal Ln 0.18mi 3/2.0 1,349 (+6%) 8mo $229,900 $170 76
10125 Crystal Ln 0.24mi 3/2.0 1,343 (+5%) 7mo $243,795 $182 74

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

3.64% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
3.4%
Equity multiple
1.20×
Total profit
$13,885
Equity at exit
$119,479
10-year hold
IRR
6.5%
Equity multiple
2.06×
Total profit
$73,230
Equity at exit
$191,417

Cash invested: $68,827 (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.

ZIP-level market 70466

Home prices YoY
3.0%
Active inventory
69
Price-to-rent
11.0×

Monthly cashflow live

Estimated rent
$1,670 medium interval (Pro) →
Mortgage (P&I)
$1,289
Tax est. 1.5%
$307 /mo · $3,687/yr
Insurance
$102
HOA
$0
Vacancy / Maint / Mgmt
$351
Net cashflow
$-379

Break-even live

Break-even rent $2,150
Max offer price $190,902
Occupancy floor

Sensitivity live

Price -10% $-210 -5% $-295 +0% $-379 +5% $-464 +10% $-549
Rent -10% $-511 -5% $-445 +0% $-379 +5% $-313 +10% $-248
Rate -1.0pp $-256 -0.5pp $-317 base $-379 +0.5pp $-443 +1.0pp $-508

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
$61,452
Closing costs
$7,374
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.

Listing history 20 events

  1. 2026-06-21
    days on market $219,900 Active 325 DOM
  2. 2026-06-19
    days on market $219,900 Active 323 DOM
  3. 2026-06-18
    days on market $219,900 Active 322 DOM
  4. 2026-06-17
    days on market $219,900 Active 321 DOM
  5. 2026-06-16
    days on market $219,900 Active 320 DOM
  6. 2026-06-15
    days on market $219,900 Active 319 DOM
  7. 2026-06-14
    days on market $219,900 Active 317 DOM
  8. 2026-06-13
    days on market $219,900 Active 316 DOM
  9. 2026-06-10
    days on market $219,900 Active 314 DOM
  10. 2026-06-09
    days on market $219,900 Active 313 DOM
  11. 2026-06-08
    days on market $219,900 Active 312 DOM
  12. 2026-06-07
    days on market $219,900 Active 311 DOM
  13. 2026-06-05
    days on market $219,900 Active 308 DOM
  14. 2026-06-03
    days on market $219,900 Active 307 DOM
  15. 2026-06-02
    days on market $219,900 Active 306 DOM
  16. 2026-06-01
    days on market $219,900 Active 305 DOM
  17. 2026-05-31
    days on market $219,900 Active 304 DOM
  18. 2026-05-30
    days on market $219,900 Active 303 DOM
  19. 2025-09-13
    price $219,900 1493-char remark
    Show marketing remark (1493 chars)

    The Birch is one of our one-story floorplans featured in Rivers Edge, a new home community in Tickfaw, Louisiana. Inside this 3-bedroom, 2-bathroom home, you'll find 1,276 square feet of enjoyable living. Once you walk into this home, you'll see two bedrooms along with the guest bathroom. Walking down the foyer, you'll then reach the laundry room, as well as the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and schedule

  20. 2025-07-31
    listed $224,900 Active 1493-char remark
    Show marketing remark (1493 chars)

    The Birch is one of our one-story floorplans featured in Rivers Edge, a new home community in Tickfaw, Louisiana. Inside this 3-bedroom, 2-bathroom home, you'll find 1,276 square feet of enjoyable living. Once you walk into this home, you'll see two bedrooms along with the guest bathroom. Walking down the foyer, you'll then reach the laundry room, as well as the open concept living space, starting with the kitchen. The kitchen offers shaker-style cabinets, gooseneck pulldown faucets in the kitchens. The chef in your family will also enjoy the stainless-steel Frigidaire appliances, stove, microwave hood, dishwasher, single basin undermount sink. and 3 cm granite throughout. The kitchen also houses a pantry, and the separate laundry room is located on the other side, creating easy access to everything. The dining room is adjacent to the kitchen, and the living room is situated nearby. This smart layout ensures that anyone in either space can always be part of the action, regardless of their location. Each bedroom is equipped with cozy carpeting and a convenient closet. Whether you need a space for entertainment, storage, hosting guests, relaxation, or fitness activities, you can count on feeling comfortable and content. The primary bedroom is in the rear of the home and has its own en suite. The primary bathroom features a double vanity with a tub/shower combo, large walk-in closet, separate linen closet, and a separate water closet. Get in touch with us now and schedule

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,040
− Mortgage interest
−$13,769
− Property taxes
−$3,687
− Insurance
−$1,229
− Repairs & maintenance
−$1,603
− Management
−$1,603
− Depreciation
−$7,151
Taxable loss
−$9,003
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,161
After-tax cash flow
$-2,393/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
Tangipahoa Parish
NCES district ID
2201680
Math proficiency
18% ▼ -32.00%
Reading proficiency
29% ▼ -31.00%
Median HH income
$41,283
Composite
19.94/100
National rank
#8676
State rank
#63 of 98 in LA

Livability — Tickfaw

Score
63/100
State rank
#203
US rank
#15825

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
9,815

Population outlook (Tangipahoa County) Hauer SSP2

Today (2025)
144,204 people
By 2030
151,413 · +5.0%
By 2040
164,374 · +14.0%
By 2050
175,427 · +21.7%
By 2075
195,165 · +35.3%
By 2100
201,641 · +39.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (67%)
Race & ethnicity
White 67% Black 22% Hispanic / Latino 8% Two or more races 7%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Lithuanian 11% Serbian 2% Scandinavian 1%
Foreign-born
3% · Canada
Languages at home
93% English-only · Spanish 7%

Political lean MEDSL · Tangipahoa

2024 margin
Solid R (+37.4) · D 30.6% · R 68.0% · Other 1.3%
2008→2024 swing
-6.5pp toward R · 2008: -30.9pp · 2024: -37.4pp
All cycles
2024: R+37.4 2020: R+32.8 2016: R+32.6 2012: R+27.7 2008: R+30.9

Not yet ingested

Civics

Market trends

HPI YoY
▲ 3.64%
Current HPI
126.0016
Rent YoY
Metro
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

-2.2% since first listed
2 events — show timeline
  • 2025-09-13 Price Changed $219,900 Zillow
  • 2025-07-31 Listed $224,900 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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