1012 West End Dr · New Iberia, LA 70560

$100,000

4 bd · 2.0 ba · 1,500 sqft · SingleFamily · 153 Days on market

Built 2008 Good condition 7,405 sqft lot $67/sqft · at area comps Est $100k · at est. $55/mo HOA · 3% of rent ↓ 5% since listing

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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 +7.4/15.0
• Condition / age +4.0/5.0
• Livability +3.7/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fence included!! Welcome Home! This affordable 4-bedroom, 2-bathroom brick home is located in a peaceful subdivision, offering the perfect blend of comfort and convenience. Enjoy the covered carport for 1 car, and a slab foundation ensuring a stable and solid living space. Step inside to find a galley style kitchen featuring all appliances, ample counterspace perfect for meal preparation and an abundance of cabinets for extra storage. The dining is located off the kitchen and seamlessly flows into the spacious living room. Down the hall, you'll find two guest bedrooms and a guest bathroom which is handicap accessible, a separate laundry closet (washer and dryer included!) and the primary bedroom. The primary bedroom features an oversized closet and your own en suite bathroom. Venture outside to the backyard which highlights a private patio. Located in Flood Zone X, this home should not require flood insurance. With a loan program offering up to $5,000.00 in closing costs and up to 20% down payment assistance, the dream of home ownership is finally attainable. Other loan terms and guidelines may apply for qualification. As a bonus, a Video Doorbell and one exterior camera is included with purchase! Schedule your private viewing today!

Key facts

• 7,405 sq ft lot
• Parking
• Built 2008

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $100k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $603 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.5% vs local median 5.8% in New Iberia — 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 73/100 on livability (#33 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, crime F, employment F.
• Iberia Parish (other): math 32% / reading 43% proficiency, ranked #27 of 98 in LA (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 237 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 94 units permitted in Iberia 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.
• Iberia County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 153 days — a 12% lower offer ($88k) 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.

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 $88,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 153 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 B-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. 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?
7. 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.
8. 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.
9. 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: 1.71% ✓
• Cap rate: 13.53%
• Cash-on-cash: 25.85%
• DSCR: 2.15
• GRM: 4.9

CMA / ARV

• ARV (median comp): $99,838
• List price: $100,000
• Delta: 0.16%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
911 West End Dr	0.05mi	4/2.0	1,500 (0%)	7mo	$105,000	$70	92
905 West End Dr	0.23mi	4/2.0	1,500 (0%)	0mo	$110,000	$73	89
1005 West End Dr	0.03mi	3/2.0 (-1)	1,384 (-8%)	9mo	$104,000	$75	74
1519 Anderson St	0.43mi	3/2.0 (-1)	1,515 (+1%)	12mo	$187,990	$124	63
903 West End Dr	0.23mi	3/2.0 (-1)	1,360 (-9%)	7mo	$95,600	$70	63
802 Myrtis St	0.34mi	3/2.5 (-1)	1,595 (+6%)	6mo	$32,501	$20	61
1211 Lombard St	0.39mi	3/2.0 (-1)	1,384 (-8%)	11mo	$104,000	$75	55
1609 Wallace St	0.46mi	3/2.0 (-1)	1,694 (+13%)	1mo	$150,000	$89	51
1000 Verna St	0.45mi	3/2.0 (-1)	1,305 (-13%)	15mo	$176,000	$135	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: 19.6%
• Equity multiple: 1.80×
• Total profit: $22,276
• Equity at exit: $14,910

10-year hold

• IRR: 27.9%
• Equity multiple: 3.47×
• Total profit: $69,113
• Equity at exit: $8,646

Cash invested: $28,000 (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 70560

• Home prices YoY: -29.8%
• Active inventory: 237
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,708 medium
• Mortgage (P&I): −$524
• Tax est. 1.5%: −$125 /mo · $1,500/yr
• Insurance: −$42
• HOA: −$55
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $603

Break-even live

Break-even rent $944

Max offer price $100,000

Occupancy floor 60%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2118 W Old Spanish Trl New Iberia, LA	1.0–3.0	1.0–2.0	1013	$1,708	$1.69	13d	23	1.02mi

HOA detail

• Monthly dues: $55 · $660/yr

Listing history 19 events

1. 2026-06-16
   status $100,000 Pending 153 DOM
2. 2026-06-16
   days on market $100,000 Active 153 DOM
3. 2026-06-15
   days on market $100,000 Active 152 DOM
4. 2026-06-14
   days on market $100,000 Active 150 DOM
5. 2026-06-13
   days on market $100,000 Active 149 DOM
6. 2026-06-10
   days on market $100,000 Active 147 DOM
7. 2026-06-09
   days on market $100,000 Active 146 DOM
8. 2026-06-08
   days on market $100,000 Active 145 DOM
9. 2026-06-07
   days on market $100,000 Active 144 DOM
10. 2026-06-05
    days on market $100,000 Active 141 DOM
11. 2026-06-03
    days on market $100,000 Active 140 DOM
12. 2026-06-02
    days on market $100,000 Active 139 DOM
13. 2026-06-01
    days on market $100,000 Active 138 DOM
14. 2026-05-31
    days on market $100,000 Active 137 DOM
15. 2026-05-30
    days on market $100,000 Active 136 DOM
16. 2026-05-02
    status Active 1253-char remark

    Show marketing remark (1253 chars)

    Fence included!! Welcome Home! This affordable 4-bedroom, 2-bathroom brick home is located in a peaceful subdivision, offering the perfect blend of comfort and convenience. Enjoy the covered carport for 1 car, and a slab foundation ensuring a stable and solid living space. Step inside to find a galley style kitchen featuring all appliances, ample counterspace perfect for meal preparation and an abundance of cabinets for extra storage. The dining is located off the kitchen and seamlessly flows into the spacious living room. Down the hall, you'll find two guest bedrooms and a guest bathroom which is handicap accessible, a separate laundry closet (washer and dryer included!) and the primary bedroom. The primary bedroom features an oversized closet and your own en suite bathroom. Venture outside to the backyard which highlights a private patio. Located in Flood Zone X, this home should not require flood insurance. With a loan program offering up to $5,000.00 in closing costs and up to 20% down payment assistance, the dream of home ownership is finally attainable. Other loan terms and guidelines may apply for qualification. As a bonus, a Video Doorbell and one exterior camera is included with purchase! Schedule your private viewing today!

17. 2026-01-14
    price $100,000 1253-char remark

    Show marketing remark (1253 chars)

    Fence included!! Welcome Home! This affordable 4-bedroom, 2-bathroom brick home is located in a peaceful subdivision, offering the perfect blend of comfort and convenience. Enjoy the covered carport for 1 car, and a slab foundation ensuring a stable and solid living space. Step inside to find a galley style kitchen featuring all appliances, ample counterspace perfect for meal preparation and an abundance of cabinets for extra storage. The dining is located off the kitchen and seamlessly flows into the spacious living room. Down the hall, you'll find two guest bedrooms and a guest bathroom which is handicap accessible, a separate laundry closet (washer and dryer included!) and the primary bedroom. The primary bedroom features an oversized closet and your own en suite bathroom. Venture outside to the backyard which highlights a private patio. Located in Flood Zone X, this home should not require flood insurance. With a loan program offering up to $5,000.00 in closing costs and up to 20% down payment assistance, the dream of home ownership is finally attainable. Other loan terms and guidelines may apply for qualification. As a bonus, a Video Doorbell and one exterior camera is included with purchase! Schedule your private viewing today!

18. 2026-01-13
    status Active 1253-char remark

    Show marketing remark (1253 chars)

    Fence included!! Welcome Home! This affordable 4-bedroom, 2-bathroom brick home is located in a peaceful subdivision, offering the perfect blend of comfort and convenience. Enjoy the covered carport for 1 car, and a slab foundation ensuring a stable and solid living space. Step inside to find a galley style kitchen featuring all appliances, ample counterspace perfect for meal preparation and an abundance of cabinets for extra storage. The dining is located off the kitchen and seamlessly flows into the spacious living room. Down the hall, you'll find two guest bedrooms and a guest bathroom which is handicap accessible, a separate laundry closet (washer and dryer included!) and the primary bedroom. The primary bedroom features an oversized closet and your own en suite bathroom. Venture outside to the backyard which highlights a private patio. Located in Flood Zone X, this home should not require flood insurance. With a loan program offering up to $5,000.00 in closing costs and up to 20% down payment assistance, the dream of home ownership is finally attainable. Other loan terms and guidelines may apply for qualification. As a bonus, a Video Doorbell and one exterior camera is included with purchase! Schedule your private viewing today!

19. 2025-11-01
    listed $105,000 1253-char remark

    Show marketing remark (1253 chars)

    Fence included!! Welcome Home! This affordable 4-bedroom, 2-bathroom brick home is located in a peaceful subdivision, offering the perfect blend of comfort and convenience. Enjoy the covered carport for 1 car, and a slab foundation ensuring a stable and solid living space. Step inside to find a galley style kitchen featuring all appliances, ample counterspace perfect for meal preparation and an abundance of cabinets for extra storage. The dining is located off the kitchen and seamlessly flows into the spacious living room. Down the hall, you'll find two guest bedrooms and a guest bathroom which is handicap accessible, a separate laundry closet (washer and dryer included!) and the primary bedroom. The primary bedroom features an oversized closet and your own en suite bathroom. Venture outside to the backyard which highlights a private patio. Located in Flood Zone X, this home should not require flood insurance. With a loan program offering up to $5,000.00 in closing costs and up to 20% down payment assistance, the dream of home ownership is finally attainable. Other loan terms and guidelines may apply for qualification. As a bonus, a Video Doorbell and one exterior camera is included with purchase! Schedule your private viewing today!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥109°F today · 22 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,496
• − Mortgage interest: −$5,602
• − Property taxes: −$1,500
• − Insurance: −$500
• − Repairs & maintenance: −$1,640
• − Management: −$1,640
• − HOA: −$660
• − Depreciation: −$2,909
• Taxable income: $6,046
• Est. tax owed @ 24.0%: −$1,451
• After-tax cash flow: $5,788/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 · 12 photos

Good 80/100 Cosmetic rehab

This 4-bedroom, 2-bathroom home is in good condition with a good condition score of 80. It is move-in ready with minor cosmetic updates that would significantly increase its value.

Value-add opportunities

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
• Both Replace blinds with energy-efficient ones — Improves energy efficiency and appearance
• Both Install smart home devices — Enhances convenience and marketability

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Replace blinds with energy-efficient ones — Improves energy efficiency and appearance ↑
• Both Install smart home devices — Enhances convenience and marketability ↑

ⓘ 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: Iberia Parish
• NCES district ID: 2200720
• Math proficiency: 32% ▼ -43.00%
• Reading proficiency: 43% ▼ -35.00%
• Median HH income: $43,289
• Composite: 31.74/100
• National rank: #5904
• State rank: #27 of 98 in LA

Livability — New Iberia

• Score: 73/100
• State rank: #33
• US rank: #5376

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 37,589

Population outlook (Iberia County) Hauer SSP2

• Today (2025): 74,632 people
• By 2030: 74,368 · -0.4%
• By 2040: 73,223 · -1.9%
• By 2050: 71,728 · -3.9%
• By 2075: 69,028 · -7.5%
• By 2100: 65,018 · -12.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 52% Black 35% Two or more races 8% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 11% Italian 1% Serbian 1%
• Foreign-born: 3% · Canada
• Languages at home: 93% English-only · French/Haitian/Cajun 3% Spanish 2% Other Asian/Pacific 1%

Political lean MEDSL · Iberia

• 2024 margin: Solid R (+34.1) · D 32.4% · R 66.5% · Other 1.1%
• 2008→2024 swing: -11.1pp toward R · 2008: -23.0pp · 2024: -34.1pp
• All cycles: 2024: R+34.1 2020: R+31.2 2016: R+31.4 2012: R+26.2 2008: R+23.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -65.82%
• Current HPI: 154.9018
• 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

-4.8% since first listed

4 events — show timeline

• 2026-05-02 Relisted — AcadianaMLS
• 2026-01-14 Price Changed $100,000 AcadianaMLS
• 2026-01-13 Relisted — AcadianaMLS
• 2025-11-01 Listed $105,000 AcadianaMLS