30080 Stump St · Walker, LA 70785

$134,900

3 bd · 2.0 ba · 1,481 sqft · SingleFamily · 93 Days on market

Built 1982 0.37 ac lot $91/sqft · 36% below area Est $212k · 36% under

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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 +27.1/30.0
• ARV discount +15.0/15.0
• DSCR +9.4/10.0
• 1% rule +7.0/10.0
• Schools +4.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming 3-bedroom, 2-bathroom house is a perfect blend of location and lots of shade trees. Spacious living room offers plenty of space for entertaining and family gatherings, while the huge backyard provides a private oasis for outdoor activities and relaxation. Located in a rural area with no HOA fees, this home combines convenience and freedom. The durable metal roof ensures longevity and minimal maintenance, giving you peace of mind for years to come. Priced just right, this property offers a unique opportunity to personalize it to your taste. Don't miss out on making this beautiful house your new home!

Key facts

• Durable metal roof
• Huge backyard
• Rural area

Tags

• HUGE BACKYARD
• RURAL AREA
• NO HOA FEES
• DURABLE METAL ROOF

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $382 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $135k).
• Recommended offer: $123k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.7% vs local median 4.8% in Walker — 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 75/100 on livability (#19 in LA, #3,999 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities D-, commute F.
• Livingston Parish (suburban): math 40% / reading 52% proficiency, ranked #13 of 98 in LA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 253 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Livingston County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 26y ago; this cycle's ask has dropped $30k (18%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $122,759 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 1.20% ✓
• Cap rate: 9.69%
• Cash-on-cash: 12.13%
• DSCR: 1.54
• GRM: 7.0

CMA / ARV

• ARV (median comp): $212,067
• List price: $134,900
• Delta: -36.39%
• 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
15051 Sherwood Dr	0.28mi	3/2.0	1,521 (+3%)	21mo	$235,000	$155	65
13009 Robin Dr	0.23mi	3/2.0	1,661 (+12%)	5mo	$239,999	$144	65
13555 Ball Park Rd	0.53mi	3/2.0	1,482 (+0%)	17mo	$214,900	$145	61
29705 Gaylord Rd	0.61mi	3/2.0	1,573 (+6%)	1mo	$185,000	$118	60
13783 Achord Ln	0.42mi	3/2.0	1,438 (-3%)	22mo	$224,900	$156	58
13967 J R Dr	0.57mi	3/2.0	1,400 (-6%)	9mo	$193,000	$138	57
34517 Walker North Rd	0.38mi	3/2.0	1,412 (-5%)	22mo	$1,575	$1	56
13931 Lynn St	0.66mi	3/2.0	1,667 (+13%)	0mo	$279,900	$168	48
33300 Walker North Rd	0.39mi	3/1.0	1,624 (+10%)	18mo	$99,900	$62	46
13243 Clint St	0.44mi	3/2.0	1,283 (-13%)	23mo	$1,550	$1	38
29829 Gaylord Rd	0.58mi	3/2.0	1,259 (-15%)	13mo	$214,900	$171	37
29160 Peggy Dr	0.75mi	3/2.0	1,279 (-14%)	15mo	$185,000	$145	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 1.7%
• Equity multiple: 1.07×
• Total profit: $2,459
• Equity at exit: $20,114

10-year hold

• IRR: 11.3%
• Equity multiple: 1.89×
• Total profit: $33,461
• Equity at exit: $11,664

Cash invested: $37,772 (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 70785

• Home prices YoY: -34.0%
• Active inventory: 253
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,617 high
• Mortgage (P&I): −$707
• Tax from tax record: −$132 /mo · $1,586/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $382

Break-even live

Break-even rent $1,134

Max offer price $134,900

Occupancy floor 71%

Sensitivity live

Price	-10% $458	-5% $420	+0% $382	+5% $344	+10% $305
Rent	-10% $254	-5% $318	+0% $382	+5% $446	+10% $510
Rate	-1.0pp $450	-0.5pp $416	base $382	+0.5pp $347	+1.0pp $311

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13080 Burgess Ave #8 Walker, LA	2.0	1.5	1088	$1,300	$1.19	44d	1	0.18mi
30100 Walker Rd N Walker, LA	1.0–3.0	1.0–2.0	1019	$1,753	$1.72	14d	15	0.20mi
36325 Walker North Rd Walker, LA	4.0	2.0	1830	$1,650	$0.90	44d	1	0.36mi
30024 King St Unit D Walker, LA	2.0	2.0	977	$1,400	$1.43	44d	1	0.48mi
30184 Smith Dr Walker, LA	2.0	2.0	900	$1,200	$1.33	44d	1	0.49mi
12321 Village Dr Walker, LA	3.0	2.5	1525	$1,650	$1.08	44d	1	0.63mi
12318 Village Dr Walker, LA	3.0	2.5	1525	$1,650	$1.08	24d	1	0.65mi
13601 Ball Park Rd Unit 1 Walker, LA	3.0	2.0	1350	$1,350	$1.00	44d	1	0.70mi
13176 Brian Park Dr Walker, LA	3.0	2.0	1548	$1,700	$1.10	24d	1	0.80mi
30794 Tanner Ln Walker, LA	3.0	2.0	1184	$1,550	$1.31	24d	1	1.44mi
13340 Isabella Blvd Walker, LA	4.0	2.0	1668	$2,000	$1.20	45d	1	1.46mi

Listing history 34 events

1. 2026-06-18
   days on market $134,900 Active 93 DOM
2. 2026-06-17
   days on market $134,900 Active 92 DOM
3. 2026-06-16
   days on market $134,900 Active 91 DOM
4. 2026-06-15
   days on market $134,900 Active 90 DOM
5. 2026-06-14
   days on market $134,900 Active 88 DOM
6. 2026-06-13
   days on market $134,900 Active 87 DOM
7. 2026-06-10
   days on market $134,900 Active 85 DOM
8. 2026-06-09
   days on market $134,900 Active 84 DOM
9. 2026-06-08
   days on market $134,900 Active 83 DOM
10. 2026-06-07
    days on market $134,900 Active 82 DOM
11. 2026-06-03
    days on market $134,900 Active 78 DOM
12. 2026-06-02
    days on market $134,900 Active 77 DOM
13. 2026-06-01
    days on market $134,900 Active 76 DOM
14. 2026-05-31
    days on market $134,900 Active 75 DOM
15. 2026-05-31
    days on market $134,900 Active 74 DOM
16. 2026-04-21
    price $149,900 620-char remark

    Show marketing remark (620 chars)

    This charming 3-bedroom, 2-bathroom house is a perfect blend of location and lots of shade trees. Spacious living room offers plenty of space for entertaining and family gatherings, while the huge backyard provides a private oasis for outdoor activities and relaxation. Located in a rural area with no HOA fees, this home combines convenience and freedom. The durable metal roof ensures longevity and minimal maintenance, giving you peace of mind for years to come. Priced just right, this property offers a unique opportunity to personalize it to your taste. Don't miss out on making this beautiful house your new home!

17. 2026-04-21
    price $149,900 620-char remark

    Show marketing remark (620 chars)

    This charming 3-bedroom, 2-bathroom house is a perfect blend of location and lots of shade trees. Spacious living room offers plenty of space for entertaining and family gatherings, while the huge backyard provides a private oasis for outdoor activities and relaxation. Located in a rural area with no HOA fees, this home combines convenience and freedom. The durable metal roof ensures longevity and minimal maintenance, giving you peace of mind for years to come. Priced just right, this property offers a unique opportunity to personalize it to your taste. Don't miss out on making this beautiful house your new home!

18. 2026-03-16
    listed $164,900 Active 620-char remark

    Show marketing remark (620 chars)

    This charming 3-bedroom, 2-bathroom house is a perfect blend of location and lots of shade trees. Spacious living room offers plenty of space for entertaining and family gatherings, while the huge backyard provides a private oasis for outdoor activities and relaxation. Located in a rural area with no HOA fees, this home combines convenience and freedom. The durable metal roof ensures longevity and minimal maintenance, giving you peace of mind for years to come. Priced just right, this property offers a unique opportunity to personalize it to your taste. Don't miss out on making this beautiful house your new home!

19. 2026-03-16
    listed $164,900 Active 620-char remark

    Show marketing remark (620 chars)

    This charming 3-bedroom, 2-bathroom house is a perfect blend of location and lots of shade trees. Spacious living room offers plenty of space for entertaining and family gatherings, while the huge backyard provides a private oasis for outdoor activities and relaxation. Located in a rural area with no HOA fees, this home combines convenience and freedom. The durable metal roof ensures longevity and minimal maintenance, giving you peace of mind for years to come. Priced just right, this property offers a unique opportunity to personalize it to your taste. Don't miss out on making this beautiful house your new home!

20. 2024-08-29
    soldstatus Sold
21. 2024-07-11
    historical
22. 2024-07-10
    status Active
23. 2024-07-03
    historical
24. 2024-06-25
    listed $159,700 Active
25. 2024-06-25
    listed $159,700
26. 2011-04-19
    listed $117,600
27. 2011-04-19
    listed $117,600
28. 2003-04-10
    listed $89,900
29. 2003-04-10
    listed $89,900
30. 2003-04-08
    soldstatus
31. 2002-10-16
    listed $69,900
32. 2002-10-16
    listed $69,900
33. 2001-08-01
    listed $75,000
34. 2000-12-01
    listed $85,000

ⓘ 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: $1,586 · $132/mo
• Projected year-2 tax: $1,586 · $132/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 (shaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,406
• − Mortgage interest: −$7,556
• − Property taxes: −$1,586
• − Insurance: −$674
• − Repairs & maintenance: −$1,552
• − Management: −$1,552
• − Depreciation: −$3,924
• Taxable income: $2,560
• Est. tax owed @ 24.0%: −$614
• After-tax cash flow: $3,967/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: Livingston Parish
• NCES district ID: 2201020
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 52% ▼ -32.00%
• Median HH income: $56,755
• Composite: 40.07/100
• National rank: #3811
• State rank: #13 of 98 in LA

Livability — Walker

• Score: 75/100
• State rank: #19
• US rank: #3999

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Walker, LA
• County: Livingston Parish · 87,496 people
• City population: 23,921
• Metro: Baton Rouge, LA
• Population (ZIP): 23,921
• Household income: $89,103
• Rent vs Own: 16.2% rent · 83.8% own
• Severe rent burden: 343.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 158,511 people
• By 2030: 168,241 · +6.1%
• By 2040: 186,252 · +17.5%
• By 2050: 201,516 · +27.1%
• By 2075: 231,217 · +45.9%
• By 2100: 241,697 · +52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Black 6% Two or more races 4% Asian 2% Hispanic / Latino 2%
• Common ancestry: Lithuanian 10% Italian 2% Slovak 2%
• Foreign-born: 2% · Canada, China, Vietnam
• Languages at home: 97% English-only · Chinese 1% Spanish 1%

Political lean MEDSL · Livingston

• 2024 margin: Solid R (+68.5) · D 15.1% · R 83.6% · Other 1.3%
• 2008→2024 swing: +3.4pp toward D · 2008: -71.9pp · 2024: -68.5pp
• All cycles: 2024: R+68.5 2020: R+70.0 2016: R+72.5 2012: R+70.4 2008: R+71.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.92%
• Current HPI: 164.6373
• Rent YoY: —
• 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

+76.4% since first listed

19 events — show timeline

• 2026-04-21 Price Changed $149,900 AcadianaMLS
• 2026-04-21 Price Changed $149,900 GSREIN
• 2026-03-16 Listed $164,900 GSREIN
• 2026-03-16 Listed $164,900 AcadianaMLS
• 2024-08-29 Sold (MLS) — GBRMLS
• 2024-07-11 Delisted — GBRMLS
• 2024-07-10 Relisted — GBRMLS
• 2024-07-03 Delisted — GBRMLS
• 2024-06-25 Listed $159,700 AcadianaMLS
• 2024-06-25 Listed $159,700 GBRMLS
• 2011-04-19 Listed $117,600 AcadianaMLS
• 2011-04-19 Listed $117,600 GBRMLS
• 2003-04-10 Listed $89,900 AcadianaMLS
• 2003-04-10 Listed $89,900 GBRMLS
• 2003-04-08 Sold (MLS) — GBRMLS
• 2002-10-16 Listed $69,900 AcadianaMLS
• 2002-10-16 Listed $69,900 GBRMLS
• 2001-08-01 Listed $75,000 AcadianaMLS
• 2000-12-01 Listed $85,000 AcadianaMLS

Property tax history

+3.5%/yr

Latest (2024): $1,586 · +15.4% YoY. Source: county tax records.