1735 N Sherwood Dr · Baton Rouge, LA 70815

$57,500

2 bd · 1.5 ba · 1,067 sqft · SingleFamily · 2 Days on market

Built 1954 Fair condition 0.75 ac lot $54/sqft · 56% below area

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to your next investment gem in the heart of Baton Rouge! Nestled on N. Sherwood Forest Blvd, this 2-bedroom, 1.5-bathroom Fannie Mae Home offers a unique canvas for those with an eye for potential and creativity. Boasting a generous floor plan, the house welcomes you with its warmth and invites possibilities at every turn. The magic of this property lies in its expansive backyard—a perfect oasis waiting to be transformed into your dream outdoor sanctuary. Whether you're envisioning lush garden landscapes or a modern entertainment deck complete with cozy porch seating, the open space promises endless opportunities.

Key facts

• 0.75 acre lot
• Built 1954
• Listed 2 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath single-family listed at $58k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $446 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $58k).
• Cap rate 15.6% vs local median 4.1% 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.
• Zoned schools: Broadmoor Elementary School (math 19% / reading 24%, grade F, #434 of 646 statewide, top 68%, 597 students, 81% FRL); Liberty High School (math 50% / reading 74%, grade B-, #15 of 265 statewide, top 6%, 1,208 students, 60% FRL).
• Zoned-school proficiency averages 42% at this address vs 28% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the East Baton Rouge Parish average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 248 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals lingering (median 110d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 73% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $398 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 + 3.0% rent growth), your $16k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

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

Risks & watch-outs

• Watch-outs: built in 1954 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $57,500

Questions for the listing agent

1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
2. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.86% ✓
• Cap rate: 15.60%
• Cash-on-cash: 33.25%
• DSCR: 2.48
• GRM: 4.5

CMA / ARV

• ARV (median comp): $131,750
• List price: $57,500
• Delta: -56.36%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1735 N Sherwood Forest Blvd	0.45mi	2/1.5	1,067 (0%)	3mo	$57,500	$54	76
1725 W Catalpa St	0.48mi	3/2.0 (+1)	1,053 (-1%)	3mo	$157,500	$150	66
10515 N Harvey Dr	0.55mi	3/2.0 (+1)	1,105 (+4%)	2mo	$147,750	$134	60
736 Harvey Dr	0.42mi	3/1.0 (+1)	1,023 (-4%)	9mo	$125,000	$122	59
1826 W Catalpa	0.50mi	3/2.0 (+1)	1,103 (+3%)	7mo	$125,000	$113	58
11385 Catalpa St	0.54mi	3/1.5 (+1)	976 (-8%)	8mo	$147,900	$152	49
10466 Red Oak Dr	0.63mi	2/1.0	1,050 (-2%)	21mo	$120,000	$114	48
10945 Red Oak Dr	0.41mi	3/2.0 (+1)	964 (-10%)	19mo	$125,000	$130	42
10423 Red Oak Dr	0.68mi	3/1.0 (+1)	927 (-13%)	3mo	$117,000	$126	37
11646 Catalpa St	0.58mi	3/2.0 (+1)	1,196 (+12%)	12mo	$83,200	$70	36
11574 Catalpa St	0.56mi	3/2.0 (+1)	1,210 (+13%)	14mo	$165,000	$136	33
2014 N Little John Dr	0.74mi	3/2.0 (+1)	1,225 (+15%)	15mo	$168,000	$137	21

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 28.5%
• Equity multiple: 2.19×
• Total profit: $19,107
• Equity at exit: $8,573

10-year hold

• IRR: 35.9%
• Equity multiple: 4.31×
• Total profit: $53,284
• Equity at exit: $4,972

Cash invested: $16,100 (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 →

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

Active competition Active MLS

• For sale now: 1 active · 8 under contract
• Months of supply: 0.9 mo (117%/mo absorbed)
• Median asking: $139,000 ($107/sqft)
• Median days on market: 49 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +15.1% above current asking $/sqft

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

ZIP-level market 70815

• Active inventory: 248
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,068 high
• Mortgage (P&I): −$302
• Tax est. 1.5%: −$72 /mo · $862/yr
• Insurance: −$24
• HOA: −$0
• Vacancy / Maint / Mgmt: −$224
• Net cashflow: $446

Break-even live

Break-even rent $503

Max offer price $57,500

Occupancy floor 53%

Sensitivity live

Price	-10% $486	-5% $466	+0% $446	+5% $426	+10% $406
Rent	-10% $362	-5% $404	+0% $446	+5% $488	+10% $530
Rate	-1.0pp $475	-0.5pp $461	base $446	+0.5pp $431	+1.0pp $416

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: $14,375
• Closing costs: $1,725
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11271 Florida Blvd Unit 208 Baton Rouge, LA	2.0	1.0	925	$950	$1.03	139d	1	0.14mi
344 Burgess Pl Baton Rouge, LA	3.0	2.0	1295	$1,675	$1.29	119d	1	0.24mi
1666 Rosedale Dr Baton Rouge, LA	3.0	1.5	1266	$1,500	$1.18	119d	1	0.53mi
11440 Bard Ave Baton Rouge, LA	1.0–3.0	1.0–2.0	1037	$1,072	$1.03	0d	1	0.68mi
655 Sharp Ln Unit 246 Baton Rouge, LA	2.0	1.0	800	$849	$1.06	110d	1	0.83mi
655 Sharp Ln Unit 368 Baton Rouge, LA	2.0	1.0	800	$815	$1.02	110d	1	0.83mi
655 Sharp Ln Unit 393 Baton Rouge, LA	2.0	1.0	800	$959	$1.20	62d	1	0.83mi
655 Sharp Ln Apt 252 Baton Rouge, LA	2.0	1.0	800	$829	$1.04	110d	1	0.83mi
655 Sharp Ln Unit 249 Baton Rouge, LA	2.0	1.5	800	$989	$1.24	6d	1	0.83mi
655 Sharp Ln Apt 245 Baton Rouge, LA	2.0	1.0	800	$869	$1.09	110d	1	0.83mi
655 Sharp Ln Unit 102 Baton Rouge, LA	2.0	1.0	800	$924	$1.16	139d	1	0.83mi
655 Sharp Ln Unit 250 Baton Rouge, LA	2.0	1.0	800	$889	$1.11	139d	1	0.83mi
655 Sharp Ln Apt 383 Baton Rouge, LA	2.0	1.0	800	$829	$1.04	139d	1	0.83mi
10950 Darryl Dr Baton Rouge, LA	1.0–4.0	1.0–3.0	1090	$1,038	$0.95	0d	62	0.87mi
10241 Cashel Ave Baton Rouge, LA	2.0	2.0	1000	$1,200	$1.20	119d	1	0.88mi
10241 Cashel Ave Baton Rouge, LA	2.0	2.0	1000	$1,200	$1.20	117d	1	0.88mi
260 Sharp Rd Baton Rouge, LA	2.0	1.0	617	$1,035	$1.68	0d	7	0.90mi
567 Sharp Ln Baton Rouge, LA	1.0–3.0	1.0–2.0	914	$936	$1.02	110d	18	0.93mi
567 Sharp Ln Baton Rouge, LA	1.0–3.0	1.0–2.0	914	$959	$1.05	0d	8	0.93mi
1511 Cristy Dr Apt E Baton Rouge, LA	2.0	1.5	1000	$825	$0.82	139d	1	0.95mi
1511 Cristy Dr Unit G Baton Rouge, LA	2.0	1.5	900	$800	$0.89	119d	1	0.95mi
12254 La Margie Ave Baton Rouge, LA	1.0–3.0	1.0–2.0	1001	$910	$0.91	0d	20	1.09mi
12254 La Margie Ave Baton Rouge, LA	1.0–3.0	1.0–2.0	1001	$839	$0.84	110d	29	1.09mi
1545 La Annie Dr Baton Rouge, LA	2.0	1.0	1100	$847	$0.77	62d	1	1.09mi
1545 La Annie Dr Baton Rouge, LA	2.0	1.0	1100	$835	$0.76	6d	1	1.09mi
1547 La Annie Dr Unit 1 Baton Rouge, LA	2.0	1.0	1000	$900	$0.90	62d	1	1.09mi
13047 Florida Blvd Baton Rouge, LA	1.0–2.0	1.0–1.5	754	$1,037	$1.38	0d	8	1.17mi
11888 Old Hammond Hwy Baton Rouge, LA	2.0–4.0	1.0–2.0	1028	$995	$0.97	139d	1	1.47mi
546 S Flannery Rd Baton Rouge, LA	3.0	2.0	1235	$1,295	$1.05	62d	1	1.48mi
566 S Flannery Rd Unit B Baton Rouge, LA	2.0	1.5	1500	$1,300	$0.87	119d	1	1.49mi

Property features AI

Finance

• Other: Located in the Oakwood subdivisionDirections: East on Florida Blvd, left on N. Sherwood Forest Drive, house on the right

Exterior

• Parking: Carport
• Utilities: Public waterPublic sewer
• Home design: Single-family detached residenceResidential property
• Construction: Frame and brick constructionSlab foundationBuilt with a shingle roof not specified
• Exterior features: CarportLot dimensions approximately 90 x 148 x 172.85Approximately 0.75 acre lot

Interior

• Bathrooms: 1 full bathroom1 partial bathroom
• Interior features: Central heatingCentral air conditioning

Listing history 3 events

1. 2026-06-15
   days on market $57,500 Active 2 DOM
2. 2026-06-14
   remarks 693-char remark
3. 2026-06-14
   listed $57,500 Active 1 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: $12,811
• − Mortgage interest: −$3,221
• − Property taxes: −$862
• − Insurance: −$288
• − Repairs & maintenance: −$1,025
• − Management: −$1,025
• − Depreciation: −$1,673
• Taxable income: $4,718
• Est. tax owed @ 24.0%: −$1,132
• After-tax cash flow: $4,220/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 · 12 photos

Fair 45/100 Moderate rehab Est. rehab $26,675–$48,015 screening

This property requires moderate renovations, including repairs to the exterior and roof, and updating the interior. Potential buyers will appreciate the spacious backyard and unique canvas for transformation.

Repairs flagged

• Major Exterior siding — Damaged and boarded up
• Major Roof — Damaged and boarded up
• Minor Flooring — Worn and dirty
• Minor Interior walls — Chipped and dirty

Value-add opportunities

• Both Paint exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Replace flooring — Improves living space and adds value ↑
• Both Repair and replace roof — Critical for structural integrity and long-term value ↑

ⓘ Rehab cost is a screening estimate — Moderate 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 17/100

Zoned Schools

Elementary Broadmoor Elementary School F LA #434/646 Nat'l #32,906/41,679 High Broadmoor Senior High School F LA #235/265 Nat'l #15,857/17,239

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

B Composite livability gradescore 74/100

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 · 464,810 people
• City population: 351,868
• Metro: Baton Rouge, LA
• Population (ZIP): 31,024
• Household income: $59,254
• Rent vs Own: 36.2% rent · 63.8% own
• Severe rent burden: 20% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 48% White 25% Hispanic / Latino 16% Asian 6% Two or more races 6%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 5% Estonian 1% Iranian 1%
• Foreign-born: 18% · Canada, Vietnam, China
• Languages at home: 76% English-only · Spanish 14% Vietnamese 5% Arabic 2%

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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: ▼ -145.28%
• Current HPI: 181.3654
• Rent YoY: —
• 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

Property features AI

Finance

• Other: Located in the Oakwood subdivisionDirections: East on Florida Blvd, left on N. Sherwood Forest Drive, house on the right

Exterior

• Parking: Carport
• Utilities: Public waterPublic sewer
• Home design: Single-family detached residenceResidential property
• Construction: Frame and brick constructionSlab foundationBuilt with a shingle roof not specified
• Exterior features: CarportLot dimensions approximately 90 x 148 x 172.85Approximately 0.75 acre lot

Interior

• Bathrooms: 1 full bathroom1 partial bathroom
• Interior features: Central heatingCentral air conditioning