1738 Olias Rd · Delcambre, LA 70533

$75,000

3 bd · 2.0 ba · 1,280 sqft · Manufactured · 36 Days on market

1.25 ac lot $59/sqft · 5% above area Est $71k · 5% over

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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 +5.2/15.0
• Schools +3.9/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Recently painted and cleaned, this 3 Bedroom 2 Bath home sits on a quiet 1.25 Acre lot! Home includes front porch, covered metal carport, and covered and screened-in back patio! Income producing potential!! Property was previously leased out for $1,000/mo. Seller is a licensed Real Estate Broker in the state of Louisiana.

Key facts

• 1.25 acre lot
• 2 parking spots
• Listed 36 days

Property features AI

Exterior

• Parking: 2 covered parking spaces; 2-space carport
• Utilities: Septic tank; Electric service: SLEMCO
• Home design: Single-family residence
• Construction: Vinyl siding construction
• Exterior features: Vinyl siding; Parish road frontage

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Electric heating; Central air conditioning
• Interior features: Dishwasher; Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $75k.

Deal economics

• At list price, monthly cash flow is $700 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 63/100 on livability (#200 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F, employment F.
• Vermilion Parish (town): math 40% / reading 53% proficiency, ranked #15 of 98 in LA (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Dozier Elementary School (math 45% / reading 67%, grade C+, #87 of 646 statewide, top 13%, 547 students, 54% FRL); Erath Middle School (math 47% / reading 70%, grade B, #13 of 218 statewide, top 6%, 545 students, 55% FRL); Erath High School (math 62% / reading 67%, grade B-, #13 of 265 statewide, top 5%, 531 students, 46% FRL) — zoned schools at 52% FRL track the district average.
• Zoned-school proficiency averages 60% at this address vs 46% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Vermilion Parish average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 35 active listings in the ZIP; 228 units permitted in Vermilion Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Vermilion County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask has dropped $5k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $55k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.95% ✓
• Cap rate: 17.49%
• Cash-on-cash: 40.00%
• DSCR: 2.78
• GRM: 4.3

CMA / ARV

• ARV (median comp): $71,410
• List price: $75,000
• Delta: 5.03%
• Verdict: FAIR
• Comps: 2 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
16838 E La Highway 330	0.30mi	3/2.0	1,226 (-4%)	17mo	$45,000	$37	65

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: 36.3%
• Equity multiple: 2.54×
• Total profit: $32,414
• Equity at exit: $11,183

10-year hold

• IRR: 43.0%
• Equity multiple: 5.07×
• Total profit: $85,571
• Equity at exit: $6,485

Cash invested: $21,000 (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 70533

• Active inventory: 35
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $1,465 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$33 /mo · $398/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$308
• Net cashflow: $700

Break-even live

Break-even rent $579

Max offer price $75,000

Occupancy floor 47%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-17
   status $75,000 Pending 36 DOM
2. 2026-06-17
   days on market $75,000 Active 36 DOM
3. 2026-06-16
   days on market $75,000 Active 35 DOM
4. 2026-06-15
   days on market $75,000 Active 34 DOM
5. 2026-06-14
   days on market $75,000 Active 32 DOM
6. 2026-06-13
   days on market $75,000 Active 31 DOM
7. 2026-06-10
   days on market $75,000 Active 29 DOM
8. 2026-06-09
   days on market $75,000 Active 28 DOM
9. 2026-06-08
   days on market $75,000 Active 27 DOM
10. 2026-06-07
    days on market $75,000 Active 26 DOM
11. 2026-06-03
    days on market $75,000 Active 22 DOM
12. 2026-06-02
    days on market $75,000 Active 21 DOM
13. 2026-06-01
    days on market $75,000 Active 20 DOM
14. 2026-05-31
    days on market $75,000 Active 19 DOM
15. 2026-05-30
    days on market $75,000 Active 18 DOM
16. 2026-05-13
    price $75,000 592-char remark
17. 2026-05-12
    listed $80,000 Active 592-char remark
18. 2025-02-13
    soldstatus $55,000 Sold 324-char remark

    Show marketing remark (324 chars)

    Recently painted and cleaned, this 3 Bedroom 2 Bath home sits on a quiet 1.25 Acre lot! Home includes front porch, covered metal carport, and covered and screened-in back patio! Income producing potential!! Property was previously leased out for $1,000/mo. Seller is a licensed Real Estate Broker in the state of Louisiana.

19. 2025-02-10
    status Pending 324-char remark

    Show marketing remark (324 chars)

    Recently painted and cleaned, this 3 Bedroom 2 Bath home sits on a quiet 1.25 Acre lot! Home includes front porch, covered metal carport, and covered and screened-in back patio! Income producing potential!! Property was previously leased out for $1,000/mo. Seller is a licensed Real Estate Broker in the state of Louisiana.

20. 2024-12-18
    price $59,000 324-char remark

    Show marketing remark (324 chars)

    Recently painted and cleaned, this 3 Bedroom 2 Bath home sits on a quiet 1.25 Acre lot! Home includes front porch, covered metal carport, and covered and screened-in back patio! Income producing potential!! Property was previously leased out for $1,000/mo. Seller is a licensed Real Estate Broker in the state of Louisiana.

21. 2024-11-13
    listed $75,000 Active 324-char remark

    Show marketing remark (324 chars)

    Recently painted and cleaned, this 3 Bedroom 2 Bath home sits on a quiet 1.25 Acre lot! Home includes front porch, covered metal carport, and covered and screened-in back patio! Income producing potential!! Property was previously leased out for $1,000/mo. Seller is a licensed Real Estate Broker in the state of Louisiana.

22. 2024-04-01
    historical $1,000
23. 2024-02-20
    listed $1,000

ⓘ 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: $398 · $33/mo
• Projected year-2 tax: $412 · $34/mo
• Expected delta: +$14/yr (+$1/mo · 3.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $17,586
• − Mortgage interest: −$4,201
• − Property taxes: −$398
• − Insurance: −$375
• − Repairs & maintenance: −$1,407
• − Management: −$1,407
• − Depreciation: −$2,182
• Taxable income: $7,616
• Est. tax owed @ 24.0%: −$1,828
• After-tax cash flow: $6,572/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: Vermilion Parish
• NCES district ID: 2201800
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 53% ▼ -32.00%
• Median HH income: $45,115
• Composite: 39.37/100
• National rank: #3974
• State rank: #15 of 98 in LA

Livability — Delcambre

• Score: 63/100
• State rank: #200
• US rank: #15612

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,793

Population outlook (Vermilion County) Hauer SSP2

• Today (2025): 64,095 people
• By 2030: 65,915 · +2.8%
• By 2040: 68,985 · +7.6%
• By 2050: 70,804 · +10.5%
• By 2075: 73,897 · +15.3%
• By 2100: 71,793 · +12.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 9% Hispanic / Latino 4% Black 4%
• Common ancestry: Lithuanian 13% Romanian 1% Serbian 1%
• Foreign-born: 1% · Vietnam
• Languages at home: 92% English-only · French/Haitian/Cajun 7%

Political lean MEDSL · Vermilion

• 2024 margin: Solid R (+63.8) · D 17.6% · R 81.4% · Other 1.1%
• 2008→2024 swing: -16.3pp toward R · 2008: -47.5pp · 2024: -63.8pp
• All cycles: 2024: R+63.8 2020: R+61.9 2016: R+59.6 2012: R+52.8 2008: R+47.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.05%
• Current HPI: 94.708
• 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

+7400.0% since first listed

9 events — show timeline

• 2026-06-17 Pending — AcadianaMLS
• 2026-05-13 Price Changed $75,000 AcadianaMLS
• 2026-05-12 Listed $80,000 AcadianaMLS
• 2025-02-13 Sold (MLS) $55,000 AcadianaMLS
• 2025-02-10 Pending — AcadianaMLS
• 2024-12-18 Price Changed $59,000 AcadianaMLS
• 2024-11-13 Listed $75,000 AcadianaMLS
• 2024-04-01 Rental Removed $1,000 RAAMLS
• 2024-02-20 Listed for Rent $1,000 RAAMLS

Property tax history

+3.2%/yr

Latest (2025): $398 · -0.7% YoY. Source: county tax records.