4063 N Row Ave · Zachary, LA 70791

$98,000

3 bd · 1.0 ba · 922 sqft · SingleFamily · 108 Days on market

Built 2004 0.43 ac lot

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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
• Schools +4.7/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Your new home awaits! This 3-bedroom, 1-bath mobile home sits on 0.43 acres and is fully fenced, offering both privacy and room to enjoy the outdoors. Located in the desirable Zachary Community School District. Recent updates include new flooring in the kitchen, utility area, and bathroom, along with touched up interior paint that gives the home a clean, refreshed feel. A durable metal roof adds long-term value and low-maintenance appeal. The standout feature is the spacious 728 sq ft rear deck—perfect for entertaining, grilling, outdoor gatherings, or simply relaxing while overlooking the backyard. With nearly half an acre, there’s ample space for pets, gardening, or future improvements. Whether you're a first-time buyer or investor, this property offers great potential in a sought-after area. Schedule your showing today!

Key facts

• Durable metal roof
• Fully fenced
• Ample space for pets

Tags

• FULLY FENCED
• DURABLE METAL ROOF
• SPACIOUS REAR DECK
• AMPLE SPACE FOR PETS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $98k.

Deal economics

• At list price, monthly cash flow is $265 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $98k).
• Recommended offer: $89k (9.0% below list) — sets the bar for market timing.
• Cap rate 14.8% vs local median 4.5% in Zachary — 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 69/100 on livability (#64 in LA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, cost of living B+; Watch: crime C-, amenities F, commute F.
• Zachary Community School District (suburban): math 46% / reading 60% proficiency, ranked #8 of 98 in LA (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Rollins Place Elementary (847 students, 60% FRL); Northwestern Middle School (math 41% / reading 68%, grade B-, #17 of 218 statewide, top 8%, 912 students, 56% FRL); Zachary High School (math 56% / reading 68%, grade B-, #15 of 265 statewide, top 6%, 1,765 students, 53% FRL) — zoned schools average 56% FRL vs 38% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.2%/yr); 586 active listings in the ZIP; solid renter incomes; 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 $678 of loan paydown is wiped out by about $3k 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 + 4.2% rent growth), your $27k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 2 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,180 (9.0% below list)

Questions for the listing agent

1. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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 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?
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: 1.68% ✓
• Cap rate: 14.76%
• Cash-on-cash: 30.24%
• DSCR: 2.35
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 4.18% rent growth · sell at horizon

5-year hold

• IRR: 3.0%
• Equity multiple: 1.12×
• Total profit: $3,220
• Equity at exit: $14,612

10-year hold

• IRR: 14.2%
• Equity multiple: 2.23×
• Total profit: $33,853
• Equity at exit: $8,473

Cash invested: $27,440 (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 70791

• Home prices YoY: -21.6%
• Rents YoY: 4.2%
• Active inventory: 586
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,648 medium
• Mortgage (P&I): −$514
• Tax from tax record: −$56 /mo · $670/yr
• Insurance: −$41
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $265

Break-even live

Break-even rent $1,313

Max offer price $98,000

Occupancy floor 79%

Sensitivity live

Price	-10% $320	-5% $293	+0% $265	+5% $237	+10% $209
Rent	-10% $135	-5% $200	+0% $265	+5% $330	+10% $395
Rate	-1.0pp $314	-0.5pp $290	base $265	+0.5pp $240	+1.0pp $214

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: $24,500
• Closing costs: $2,940
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-22
   days on market $98,000 Active 108 DOM
2. 2026-06-18
   days on market $98,000 Active 105 DOM
3. 2026-06-17
   days on market $98,000 Active 104 DOM
4. 2026-06-16
   days on market $98,000 Active 103 DOM
5. 2026-06-15
   days on market $98,000 Active 102 DOM
6. 2026-06-14
   days on market $98,000 Active 100 DOM
7. 2026-06-13
   days on market $98,000 Active 99 DOM
8. 2026-06-10
   days on market $98,000 Active 97 DOM
9. 2026-06-09
   days on market $98,000 Active 96 DOM
10. 2026-06-08
    days on market $98,000 Active 95 DOM
11. 2026-06-07
    pricedays on market $98,000 Active 94 DOM
12. 2026-06-03
    days on market $100,000 Active 90 DOM
13. 2026-06-02
    days on market $100,000 Active 89 DOM
14. 2026-06-01
    days on market $100,000 Active 88 DOM
15. 2026-05-31
    days on market $100,000 Active 87 DOM
16. 2026-05-31
    days on market $100,000 Active 86 DOM
17. 2026-03-05
    listed $100,000 Active 846-char remark

    Show marketing remark (835 chars)

    Your new home awaits! This 3-bedroom, 1-bath mobile home sits on 0.43 acres and is fully fenced, offering both privacy and room to enjoy the outdoors. Located in the desirable Zachary Community School District. Recent updates include new flooring in the kitchen, utility area, and bathroom, along with touched up interior paint that gives the home a clean, refreshed feel. A durable metal roof adds long-term value and low-maintenance appeal. The standout feature is the spacious 728 sq ft rear deck--perfect for entertaining, grilling, outdoor gatherings, or simply relaxing while overlooking the backyard. With nearly half an acre, there's ample space for pets, gardening, or future improvements. Whether you're a first-time buyer or investor, this property offers great potential in a sought-after area. Schedule your showing today!

18. 2026-03-05
    listed $100,000 Active 835-char remark

    Show marketing remark (835 chars)

    Your new home awaits! This 3-bedroom, 1-bath mobile home sits on 0.43 acres and is fully fenced, offering both privacy and room to enjoy the outdoors. Located in the desirable Zachary Community School District. Recent updates include new flooring in the kitchen, utility area, and bathroom, along with touched up interior paint that gives the home a clean, refreshed feel. A durable metal roof adds long-term value and low-maintenance appeal. The standout feature is the spacious 728 sq ft rear deck--perfect for entertaining, grilling, outdoor gatherings, or simply relaxing while overlooking the backyard. With nearly half an acre, there's ample space for pets, gardening, or future improvements. Whether you're a first-time buyer or investor, this property offers great potential in a sought-after area. Schedule your showing today!

ⓘ 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: $670 · $56/mo
• Projected year-2 tax: $670 · $56/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 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,778
• − Mortgage interest: −$5,490
• − Property taxes: −$670
• − Insurance: −$5,608
• − Repairs & maintenance: −$1,582
• − Management: −$1,582
• − Depreciation: −$2,851
• Taxable income: $1,995
• Est. tax owed @ 24.0%: −$479
• After-tax cash flow: $2,701/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: Zachary Community School District
• NCES district ID: 2200039
• Math proficiency: 46% ▼ -38.00%
• Reading proficiency: 60% ▼ -28.00%
• Median HH income: $68,531
• Composite: 46.99/100
• National rank: #2349
• State rank: #8 of 98 in LA

Livability — Zachary

• Score: 69/100
• State rank: #64
• US rank: #8274

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: East Baton Rouge Parish · 399,686 people
• City population: 30,385
• Metro: Baton Rouge, LA
• Population (ZIP): 30,385
• Household income: $78,263
• Rent vs Own: 17.6% rent · 82.4% own
• Severe rent burden: 718.0

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 53% Black 41% Two or more races 4% Hispanic / Latino 2% Asian 2%
• Common ancestry: Lithuanian 6% Italian 2% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 1% German/W. Germanic 1% French/Haitian/Cajun 1%

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: ▼ -47.01%
• Current HPI: 170.2143
• Rent YoY: ▲ 4.18%
• 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

+0.0% since first listed

2 events — show timeline

• 2026-03-05 Listed $100,000 AcadianaMLS
• 2026-03-05 Listed $100,000 GBRMLS

Property tax history

+31.9%/yr

Latest (2025): $670 · -2.6% YoY. Source: county tax records.