814 Howard St · Jennings, LA 70546

$99,900

2 bd · 1.0 ba · 1,025 sqft · SingleFamily · 287 Days on market

0.50 ac lot $97/sqft · at area comps Est $99k · at est. ↓ 9% since listing

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Why this score? — see what drove the C 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 +25.3/30.0
• DSCR +8.3/10.0
• ARV discount +7.0/15.0
• 1% rule +5.4/10.0
• Livability +3.1/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

COMPLETELY UPDATED! Don't miss this one. This 2 bed 1 bath if just what you are looking for. The home has been completely updated less than a year ago! Roof is only 3 years old. New floors, windows, electrical, plumbing, sheet rock, you name it! Tons of curb appeal, natural light, spacious rooms, and a huge back yard. This house has everything you are looking for. Schedule a showing today, this one will not last long.

Key facts

• New floors
• New plumbing
• New electrical

Tags

• NEW FLOORS
• NEW WINDOWS
• NEW ELECTRICAL
• NEW PLUMBING
• HUGE BACK YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $226 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 6.2% in Jennings — 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 61/100 on livability (#228 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B; Watch: crime F, amenities F, commute F.
• Jefferson Davis Parish (town): math 30% / reading 42% proficiency, ranked #33 of 98 in LA (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 119 active listings in the ZIP; 69 units permitted in Jefferson Davis Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Jefferson Davis County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 287 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (9%) 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 287 days. Have you received any prior offers? Is the seller open to a 12% 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. 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: 1.04% ✓
• Cap rate: 9.01%
• Cash-on-cash: 9.71%
• DSCR: 1.43
• GRM: 8.0

CMA / ARV

• ARV (median comp): $98,831
• List price: $99,900
• Delta: 1.08%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
519 Zigler St	0.34mi	3/1.0 (+1)	1,025 (0%)	10mo	$67,500	$66	71
302 Clara St	0.48mi	2/1.0	1,000 (-2%)	7mo	$115,000	$115	67
1014 W Academy Ave	0.28mi	2/2.0	1,178 (+15%)	16mo	$108,000	$92	44
806 Shannon Dr	0.43mi	3/2.0 (+1)	1,172 (+14%)	9mo	$129,500	$110	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.7%
• Equity multiple: 0.94×
• Total profit: $-1,809
• Equity at exit: $14,895

10-year hold

• IRR: 7.9%
• Equity multiple: 1.60×
• Total profit: $16,822
• Equity at exit: $8,638

Cash invested: $27,972 (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 70546

• Home prices YoY: -31.7%
• Active inventory: 119
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $1,040 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$30 /mo · $358/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$218
• Net cashflow: $226

Break-even live

Break-even rent $754

Max offer price $99,900

Occupancy floor 73%

Sensitivity live

Price	-10% $283	-5% $255	+0% $226	+5% $198	+10% $170
Rent	-10% $144	-5% $185	+0% $226	+5% $268	+10% $309
Rate	-1.0pp $277	-0.5pp $252	base $226	+0.5pp $201	+1.0pp $174

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $99,900 Active 287 DOM
2. 2026-06-18
   days on market $99,900 Active 286 DOM
3. 2026-06-17
   days on market $99,900 Active 285 DOM
4. 2026-06-16
   days on market $99,900 Active 284 DOM
5. 2026-06-15
   days on market $99,900 Active 283 DOM
6. 2026-06-14
   days on market $99,900 Active 281 DOM
7. 2026-06-13
   days on market $99,900 Active 280 DOM
8. 2026-06-10
   days on market $99,900 Active 278 DOM
9. 2026-06-09
   days on market $99,900 Active 277 DOM
10. 2026-06-08
    days on market $99,900 Active 276 DOM
11. 2026-06-07
    days on market $99,900 Active 275 DOM
12. 2026-06-02
    days on market $99,900 Active 270 DOM
13. 2026-06-01
    days on market $99,900 Active 269 DOM
14. 2026-05-31
    days on market $99,900 Active 268 DOM
15. 2026-05-30
    days on market $99,900 Active 267 DOM
16. 2026-03-07
    status Active 421-char remark

    Show marketing remark (421 chars)

    COMPLETELY UPDATED! Don't miss this one. This 2 bed 1 bath if just what you are looking for. The home has been completely updated less than a year ago! Roof is only 3 years old. New floors, windows, electrical, plumbing, sheet rock, you name it! Tons of curb appeal, natural light, spacious rooms, and a huge back yard. This house has everything you are looking for. Schedule a showing today, this one will not last long.

17. 2025-12-01
    price $99,900 421-char remark

    Show marketing remark (421 chars)

    COMPLETELY UPDATED! Don't miss this one. This 2 bed 1 bath if just what you are looking for. The home has been completely updated less than a year ago! Roof is only 3 years old. New floors, windows, electrical, plumbing, sheet rock, you name it! Tons of curb appeal, natural light, spacious rooms, and a huge back yard. This house has everything you are looking for. Schedule a showing today, this one will not last long.

18. 2025-10-24
    price $105,000 421-char remark

    Show marketing remark (421 chars)

    COMPLETELY UPDATED! Don't miss this one. This 2 bed 1 bath if just what you are looking for. The home has been completely updated less than a year ago! Roof is only 3 years old. New floors, windows, electrical, plumbing, sheet rock, you name it! Tons of curb appeal, natural light, spacious rooms, and a huge back yard. This house has everything you are looking for. Schedule a showing today, this one will not last long.

19. 2025-09-04
    listed $110,000 Active 421-char remark

    Show marketing remark (421 chars)

    COMPLETELY UPDATED! Don't miss this one. This 2 bed 1 bath if just what you are looking for. The home has been completely updated less than a year ago! Roof is only 3 years old. New floors, windows, electrical, plumbing, sheet rock, you name it! Tons of curb appeal, natural light, spacious rooms, and a huge back yard. This house has everything you are looking for. Schedule a showing today, this one will not last long.

ⓘ 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: $358 · $30/mo
• Projected year-2 tax: $549 · $46/mo
• Expected delta: +$192/yr (+$16/mo · 53.7%)

ⓘ 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 9/10 Extreme 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,482
• − Mortgage interest: −$5,596
• − Property taxes: −$358
• − Insurance: −$500
• − Repairs & maintenance: −$999
• − Management: −$999
• − Depreciation: −$2,906
• Taxable income: $1,126
• Est. tax owed @ 24.0%: −$270
• After-tax cash flow: $2,447/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: Jefferson Davis Parish
• NCES district ID: 2200810
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 42% ▼ -33.00%
• Median HH income: $40,322
• Composite: 30.21/100
• National rank: #6302
• State rank: #33 of 98 in LA

Livability — Jennings

• Score: 61/100
• State rank: #228
• US rank: #17390

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jennings, LA
• Population (ZIP): 15,821

Population outlook (Jefferson Davis County) Hauer SSP2

• Today (2025): 31,015 people
• By 2030: 30,563 · -1.5%
• By 2040: 29,639 · -4.4%
• By 2050: 28,456 · -8.3%
• By 2075: 25,521 · -17.7%
• By 2100: 21,787 · -29.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 15% Two or more races 8% Hispanic / Latino 3%
• Common ancestry: Lithuanian 14% Italian 1% Slovak 1%
• Foreign-born: 1% · Canada, Vietnam
• Languages at home: 92% English-only · French/Haitian/Cajun 6% Spanish 2%

Political lean MEDSL · Jefferson Davis

• 2024 margin: Solid R (+61.1) · D 18.8% · R 79.9% · Other 1.3%
• 2008→2024 swing: -21.5pp toward R · 2008: -39.7pp · 2024: -61.1pp
• All cycles: 2024: R+61.1 2020: R+55.4 2016: R+53.9 2012: R+47.6 2008: R+39.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.56%
• Current HPI: 147.6391
• Rent YoY: —
• Metro: —
• 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

-9.2% since first listed

4 events — show timeline

• 2026-03-07 Relisted — AcadianaMLS
• 2025-12-01 Price Changed $99,900 AcadianaMLS
• 2025-10-24 Price Changed $105,000 AcadianaMLS
• 2025-09-04 Listed $110,000 AcadianaMLS

Property tax history

+6.0%/yr

Latest (2025): $358 · +0.3% YoY. Source: county tax records.