39722 Axis Ave · Hammond, LA 70454

$286,650

4 bd · 2.0 ba · 2,130 sqft · SingleFamily · 80 Days on market

Built 2026 Excellent condition 0.26 ac lot $135/sqft · 10% below area Est $317k · 10% under $33/mo HOA · 1% of rent

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Why this score? — see what drove the D 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 +11.9/15.0
• Cash flow +10.7/30.0
• Condition / age +5.0/5.0
• Livability +3.5/5.0
• 1% rule +3.3/10.0
• DSCR +3.1/10.0
• Rent growth +2.7/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* 2/1 buydown with rate as low as 3.99% for the first 12 months. Contact Builder Sales Rep(s) for current incentive details. * This CAREY V G has an open floor plan with upgraded quartz counters, stainless appliances with a gas range, undermount cabinet lighting & more. Special features include 4 bedrooms, 2 full bathrooms, undermount sinks throughout, kitchen island & walk-in pantry, luxury vinyl plank flooring in living room & all wet areas, tankless gas water heater, large walk-in closet, double sink vanity, garden tub & separate shower in primary, smart connect wi-fi thermostat, fully sodded yard with seasonal landscaping package & much more!

Key facts

• 0.26 acre lot
• Garage
• Built 2026

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $287k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-138 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $267k (7.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (17.2% below list).
• Recommended offer: $237k (17.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#77 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+; Watch: amenities C-, commute D+, crime 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: Champ Cooper Elementary School (math 18% / reading 41%, grade F, #333 of 646 statewide, top 54%, 1,126 students, 57% FRL); Ponchatoula High School (math 29% / reading 40%, grade F, #106 of 265 statewide, top 43%, 2,262 students, 51% FRL) — zoned schools average 54% FRL vs 73% district-wide (19 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents flat; 527 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,085 units permitted in Tangipahoa Parish in 2024 (378 in 5+ unit buildings).
• This rent runs 40% of the median local income ($72k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Tangipahoa County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 80 days — a 6% lower offer ($269k) is reasonable based on typical stale-listing flexibility.
• 3 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.

Recommended offer $237,431 (17.2% 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 80 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.83% ✗
• Cap rate: 5.71%
• Cash-on-cash: -2.07%
• DSCR: 0.91
• GRM: 10.1

CMA / ARV

• ARV (median comp): $317,450
• List price: $286,650
• Delta: -9.70%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
23728 Goose Point Dr	0.21mi	4/3.0	2,125 (-0%)	1mo	$347,500	$164	86
39698 Axis Ave	0.32mi	4/2.0	2,130 (0%)	0mo	$287,835	$135	85
24209 Water Tupelo Rd	0.44mi	4/2.0	2,079 (-2%)	7mo	$250,000	$120	70
40343 Cypress Reserve Blvd	0.60mi	4/2.0	2,079 (-2%)	1mo	$260,000	$125	67
23616 Big Branch Dr	0.40mi	3/2.5 (-1)	2,068 (-3%)	7mo	$278,000	$134	64
24066 Conservation Way Ave	0.35mi	4/2.0	1,869 (-12%)	7mo	$265,300	$142	58
42322 Landing View Rd	0.62mi	4/2.0	1,957 (-8%)	2mo	$249,900	$128	56
40327 Sedgwick Ln	0.45mi	4/2.0	1,829 (-14%)	1mo	$250,000	$137	55
39488 Saint Louis Ct	0.42mi	4/2.0	1,813 (-15%)	2mo	$268,000	$148	54
24359 Dawson Ct	0.48mi	4/2.0	1,857 (-13%)	4mo	$208,000	$112	53
42376 Landing View Rd	0.71mi	4/2.0	2,346 (+10%)	5mo	$275,000	$117	46
40201 Hastings Ct	0.72mi	4/3.0	2,400 (+13%)	1mo	$331,405	$138	40

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 · 0.66% rent growth · sell at horizon

5-year hold

• IRR: -22.4%
• Equity multiple: 0.24×
• Total profit: $-60,663
• Equity at exit: $42,740

10-year hold

• IRR: -23.9%
• Equity multiple: -0.06×
• Total profit: $-85,324
• Equity at exit: $24,784

Cash invested: $80,262 (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 70454

• Rents YoY: 0.7%
• Active inventory: 527
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $2,374 medium
• Mortgage (P&I): −$1,503
• Tax est. 1.5%: −$358 /mo · $4,300/yr
• Insurance: −$119
• HOA: −$33
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $-138

Break-even live

Break-even rent $2,549

Max offer price $266,642

Occupancy floor —

Sensitivity live

Price	-10% $60	-5% $-39	+0% $-138	+5% $-237	+10% $-336
Rent	-10% $-326	-5% $-232	+0% $-138	+5% $-44	+10% $49
Rate	-1.0pp $6	-0.5pp $-65	base $-138	+0.5pp $-213	+1.0pp $-288

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: $71,662
• Closing costs: $8,600
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
39638 Big Branch Dr Ponchatoula, LA	4.0	3.5	2978	$2,400	$0.81	45d	1	0.18mi
41095 Mersanger Rd Ponchatoula, LA	3.0	2.0	1510	$1,950	$1.29	45d	1	0.79mi
40531 Cypress Reserve Blvd Ponchatoula, LA	4.0	2.5	2597	$2,750	$1.06	45d	1	0.84mi

HOA detail

• Monthly dues: $33 · $396/yr
• Likely covers: watergasinternetlandscaping

Listing history 21 events

1. 2026-06-21
   days on market $286,650 Active 80 DOM
2. 2026-06-19
   days on market $286,650 Active 78 DOM
3. 2026-06-18
   days on market $286,650 Active 77 DOM
4. 2026-06-17
   days on market $286,650 Active 76 DOM
5. 2026-06-16
   days on market $286,650 Active 75 DOM
6. 2026-06-15
   days on market $286,650 Active 74 DOM
7. 2026-06-14
   days on market $286,650 Active 72 DOM
8. 2026-06-13
   days on market $286,650 Active 71 DOM
9. 2026-06-10
   days on market $286,650 Active 69 DOM
10. 2026-06-09
    days on market $286,650 Active 68 DOM
11. 2026-06-08
    days on market $286,650 Active 67 DOM
12. 2026-06-07
    days on market $286,650 Active 66 DOM
13. 2026-06-05
    days on market $286,650 Active 63 DOM
14. 2026-06-03
    days on market $286,650 Active 62 DOM
15. 2026-06-02
    days on market $286,650 Active 61 DOM
16. 2026-06-01
    days on market $286,650 Active 60 DOM
17. 2026-05-31
    days on market $286,650 Active 59 DOM
18. 2026-05-30
    days on market $286,650 Active 58 DOM
19. 2026-04-02
    listed $286,650 Active 686-char remark

    Show marketing remark (711 chars)

    Awesome builder rate + FREE front gutters OR window blinds(restrictions apply)! Brand NEW Construction built by DSLD HOMES in the Koda Landing community! This CAREY V G has an open floor plan with upgraded quartz counters, stainless appliances with a gas range, undermount cabinet lighting & more. Special features include 4 bedrooms, 2 full bathrooms, undermount sinks throughout, kitchen island & walk-in pantry, luxury vinyl plank flooring in living room & all wet areas, tankless gas water heater, large walk-in closet, double sink vanity, garden tub & separate shower in primary, smart connect wi-fi thermostat, fully sodded yard with seasonal landscaping package & much more!

20. 2026-04-02
    listed $286,650 Active 711-char remark

    Show marketing remark (711 chars)

    Awesome builder rate + FREE front gutters OR window blinds(restrictions apply)! Brand NEW Construction built by DSLD HOMES in the Koda Landing community! This CAREY V G has an open floor plan with upgraded quartz counters, stainless appliances with a gas range, undermount cabinet lighting & more. Special features include 4 bedrooms, 2 full bathrooms, undermount sinks throughout, kitchen island & walk-in pantry, luxury vinyl plank flooring in living room & all wet areas, tankless gas water heater, large walk-in closet, double sink vanity, garden tub & separate shower in primary, smart connect wi-fi thermostat, fully sodded yard with seasonal landscaping package & much more!

21. 2026-04-02
    listed $286,650 Active 711-char remark

    Show marketing remark (711 chars)

    Awesome builder rate + FREE front gutters OR window blinds(restrictions apply)! Brand NEW Construction built by DSLD HOMES in the Koda Landing community! This CAREY V G has an open floor plan with upgraded quartz counters, stainless appliances with a gas range, undermount cabinet lighting & more. Special features include 4 bedrooms, 2 full bathrooms, undermount sinks throughout, kitchen island & walk-in pantry, luxury vinyl plank flooring in living room & all wet areas, tankless gas water heater, large walk-in closet, double sink vanity, garden tub & separate shower in primary, smart connect wi-fi thermostat, fully sodded yard with seasonal landscaping package & much more!

ⓘ 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: $28,492
• − Mortgage interest: −$16,057
• − Property taxes: −$4,300
• − Insurance: −$1,433
• − Repairs & maintenance: −$2,279
• − Management: −$2,279
• − HOA: −$396
• − Depreciation: −$8,339
• Taxable loss: −$6,592
• Est. tax savings @ 24.0%: +$1,582
• After-tax cash flow: $-77/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 · 8 photos

Excellent 100/100 None rehab

This brand-new construction home in Koda Landing offers an open floor plan with upgraded features and is move-in ready.

Value-add opportunities

• Both Landscaping and sodding — Enhances curb appeal and adds value
• Both Smart home integration — Improves convenience and adds tech-savvy appeal

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and sodding — Enhances curb appeal and adds value ↑
• Both Smart home integration — Improves convenience and adds tech-savvy appeal ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Hammond

• Score: 69/100
• State rank: #77
• US rank: #8868

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Tangipahoa Parish · 85,958 people
• City population: 51,394
• Metro: Hammond, LA
• Population (ZIP): 34,564
• Household income: $71,611
• Rent vs Own: 16.3% rent · 83.7% own
• Severe rent burden: 479.0

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 (73%)
• Race & ethnicity: White 73% Black 16% Two or more races 8% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 15% Slovak 1% Portuguese 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · Spanish 5%

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: ▼ -83.55%
• Current HPI: 129.6069
• Rent YoY: ▲ 0.66%
• Metro: Hammond, 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

• 2026-04-02 Listed $286,650 Zillow
• 2026-04-02 Listed $286,650 AcadianaMLS
• 2026-04-02 Listed $286,650 GSREIN