CashFlowRE
Sign in Sign up
Dante IV B Plan 🏗️ New Construction
D Composite 41.08
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).

  • Cash flow +13.2/30.0
  • ARV discount +7.5/15.0
  • DSCR +4.0/10.0
  • Condition / age +4.0/5.0
  • 1% rule +3.7/10.0
  • Livability +3.3/5.0
  • Schools +2.9/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$232,990

Dante IV B Plan · Scott, LA 70583
3 bd · 2.0 ba · 1,629 sqft · SingleFamily · 488 Days on market
Good condition

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Dante IV B by DSLD Homes is a beautifully crafted, energy-efficient home offering 1,629 square feet of living space and a total area of 2,194 square feet. This thoughtfully designed home features a versatile open floor plan, making it perfect for modern living and entertaining. The Dante IV B includes three spacious bedrooms and two full bathrooms, ideal for families or individuals who appreciate both style and comfort. The home's brick, stucco, and siding exterior gives it a timeless, low-maintenance look that combines curb appeal and long-lasting durability. Inside, the master suite is a private retreat, complete with a double vanity, a relaxing garden master tub, a separate master shower, and a walk-in master closet for optimal storage. The kitchen is both functional and stylish, offering an ideal space for cooking and hosting, with an open connection to the main living areas. The Dante IV B also includes a two-car garage for additional storage and convenience, along with a covered rear patio - perfect for enjoying outdoor activities or relaxing in comfort. With its energy-efficient design, elegant finishes, and spacious layout, the Dante IV B is the perfect choice for those seeking a modern, practical, and beautiful home.

Key facts

  • Open floor plan
  • Garden master tub
  • Double master vanity

Tags

OPEN FLOOR PLANDOUBLE MASTER VANITYWALK-IN MASTER CLOSETGARDEN MASTER TUBSEPARATE MASTER SHOWER

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction. The $232,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $250,318.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $233k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-5 ($-58/yr) — negative.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $218k (6.3% below list).
  • Recommended offer: $205k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.3% vs local median 5.1% in Scott — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 66/100 on livability (#116 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.
  • Lafayette Parish (urban): math 38% / reading 46% proficiency, ranked #19 of 98 in LA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: J. Wallace James Elementary School (math 46% / reading 49%, grade D, #147 of 646 statewide, top 23%, 939 students, 64% FRL); Scott Middle School (math 20% / reading 28%, grade F, #143 of 218 statewide, top 65%, 559 students, 65% FRL); Acadiana High School (math 31% / reading 29%, grade F, #125 of 265 statewide, top 47%, 1,813 students, 56% FRL).
  • Market conditions: 304 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
  • At $2,184/mo this rent would consume 50% of the median local household income ($53k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 488 days — a 12% lower offer ($205k) is reasonable based on typical stale-listing flexibility.
Recommended offer $205,031 (12.0% 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 488 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  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. 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?
  8. 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.
  9. 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.
  10. 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
0.87%
Cap rate
6.27%
Cash-on-cash
-0.08%
DSCR
1.00
GRM
9.6

CMA / ARV

ARV (median comp)
$250,318
List price
$232,990
Delta
-6.92%
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
102 Pine Harvest Ln 0.04mi 3/2.0 1,538 (-6%) 3mo $234,265 $152 86
200 Nandina Dr 0.53mi 3/2.0 1,735 (+6%) 3mo $255,956 $148 62
211 Nandina Dr 0.53mi 3/2.0 1,495 (-8%) 2mo $231,321 $155 60
111 Nandina Dr 0.73mi 3/2.0 1,689 (+4%) 4mo $245,664 $145 57
307 Payton Woods Ln 0.63mi 3/2.0 1,825 (+12%) 1mo $265,691 $146 50
311 Payton Woods Ln 0.63mi 3/2.0 1,825 (+12%) 1mo $261,922 $144 49
308 Payton Woods Ln 0.63mi 3/2.0 1,825 (+12%) 2mo $256,786 $141 48
300 Payton Woods Ln 0.63mi 3/2.0 1,825 (+12%) 2mo $258,075 $141 48
203 Payton Woods Ln 0.63mi 3/2.0 1,825 (+12%) 4mo $257,958 $141 47
119 Nandina Dr 0.73mi 3/2.0 1,825 (+12%) 3mo $263,758 $145 43
105 Nandina Dr 0.66mi 4/2.0 (+1) 1,865 (+14%) 3mo $260,550 $140 38
208 Long Creek Ln 0.68mi 4/2.0 (+1) 1,873 (+15%) 2mo $289,999 $155 36

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
-16.4%
Equity multiple
0.42×
Total profit
$-40,835
Equity at exit
$37,323
10-year hold
IRR
-8.1%
Equity multiple
0.49×
Total profit
$-35,818
Equity at exit
$21,643

Cash invested: $70,089 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
109 active · 23 under contract
Months of supply
21.8 mo (5%/mo absorbed)
Median asking
$275,900 ($164/sqft)
Median days on market
200 d
This list price
10% of active listings are priced below it
ARV vs active asking
-6.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70583

Active inventory
304
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$2,184 medium interval (Pro) →
Mortgage (P&I)
$1,313
Tax est. 1.5%
$313 /mo · $3,755/yr
Insurance
$104
HOA
$0
Vacancy / Maint / Mgmt
$459
Net cashflow
$-5

Break-even live

Break-even rent $2,190
Max offer price $249,623
Occupancy floor 95%

Sensitivity live

Price -10% $168 -5% $82 +0% $-5 +5% $-91 +10% $-178
Rent -10% $-177 -5% $-91 +0% $-5 +5% $81 +10% $168
Rate -1.0pp $121 -0.5pp $59 base $-5 +0.5pp $-70 +1.0pp $-136

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
$62,579
Closing costs
$7,510
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
315 Sandstone Ave #202 Scott, LA 2.0 2.5 1193 $1,895 $1.59 62d 1 0.80mi
128 Oak Village Dr Scott, LA 3.0 2.0 1445 $2,450 $1.70 62d 1 0.81mi
1313 Apollo Rd Scott, LA 1.0–3.0 1.0–2.0 1100 $2,000 $1.82 62d 10 1.01mi
401 Pinto St Lafayette, LA 3.0 2.0 1601 $2,300 $1.44 93d 1 1.20mi

Listing history 50 events

  1. 2026-08-08
    days on market $232,990 Active 488 DOM
  2. 2026-08-07
    days on market $232,990 Active 487 DOM
  3. 2026-08-06
    days on market $232,990 Active 486 DOM
  4. 2026-08-05
    days on market $232,990 Active 485 DOM
  5. 2026-08-04
    days on market $232,990 Active 484 DOM
  6. 2026-08-03
    days on market $232,990 Active 483 DOM
  7. 2026-07-31
    days on market $232,990 Active 480 DOM
  8. 2026-07-30
    days on market $232,990 Active 479 DOM
  9. 2026-07-29
    days on market $232,990 Active 478 DOM
  10. 2026-07-27
    days on market $232,990 Active 476 DOM
  11. 2026-07-23
    days on market $232,990 Active 472 DOM
  12. 2026-07-22
    days on market $232,990 Active 471 DOM
  13. 2026-07-21
    days on market $232,990 Active 470 DOM
  14. 2026-07-18
    days on market $232,990 Active 467 DOM
  15. 2026-07-16
    days on market $232,990 Active 465 DOM
  16. 2026-07-16
    days on market $232,990 Active 464 DOM
  17. 2026-07-14
    days on market $232,990 Active 463 DOM
  18. 2026-07-13
    days on market $232,990 Active 462 DOM
  19. 2026-07-12
    days on market $232,990 Active 461 DOM
  20. 2026-07-11
    days on market $232,990 Active 460 DOM
  21. 2026-07-10
    days on market $232,990 Active 459 DOM
  22. 2026-07-09
    days on market $232,990 Active 458 DOM
  23. 2026-07-08
    days on market $232,990 Active 457 DOM
  24. 2026-07-07
    days on market $232,990 Active 456 DOM
  25. 2026-07-06
    days on market $232,990 Active 455 DOM
  26. 2026-07-05
    days on market $232,990 Active 454 DOM
  27. 2026-07-04
    days on market $232,990 Active 453 DOM
  28. 2026-07-03
    days on market $232,990 Active 452 DOM
  29. 2026-07-02
    days on market $232,990 Active 451 DOM
  30. 2026-07-01
    days on market $232,990 Active 450 DOM
  31. 2026-06-30
    days on market $232,990 Active 449 DOM
  32. 2026-06-29
    days on market $232,990 Active 448 DOM
  33. 2026-06-28
    days on market $232,990 Active 447 DOM
  34. 2026-06-28
    days on market $232,990 Active 446 DOM
  35. 2026-06-27
    days on market $232,990 Active 445 DOM
  36. 2026-06-25
    days on market $232,990 Active 443 DOM
  37. 2026-06-23
    days on market $232,990 Active 441 DOM
  38. 2026-06-21
    days on market $232,990 Active 440 DOM
  39. 2026-06-18
    days on market $232,990 Active 437 DOM
  40. 2026-06-17
    days on market $232,990 Active 436 DOM
  41. 2026-06-16
    days on market $232,990 Active 435 DOM
  42. 2026-06-15
    days on market $232,990 Active 434 DOM
  43. 2026-06-14
    days on market $232,990 Active 432 DOM
  44. 2026-06-13
    days on market $232,990 Active 431 DOM
  45. 2026-06-10
    days on market $232,990 Active 429 DOM
  46. 2026-06-09
    days on market $232,990 Active 428 DOM
  47. 2026-06-08
    days on market $232,990 Active 427 DOM
  48. 2026-06-07
    days on market $232,990 Active 426 DOM
  49. 2026-06-05
    days on market $232,990 Active 423 DOM
  50. 2026-06-03
    days on market $232,990 Active 422 DOM

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,204
− Mortgage interest
−$14,022
− Property taxes
−$3,755
− Insurance
−$1,252
− Repairs & maintenance
−$2,096
− Management
−$2,096
− Depreciation
−$7,282
Taxable loss
−$4,299
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,032
After-tax cash flow
$974/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 · 3 photos

Good 80/100 Cosmetic rehab Est. rehab $8,145–$24,435 screening

The home is in good condition with a good exterior and landscaping. Painting the exterior and trimming the bushes can significantly increase its value.

Value-add opportunities

  • Both Paint the exterior — Painting the exterior can enhance curb appeal and increase the home's value.
  • Both Trim the bushes — Trimming the bushes can improve the overall appearance and make the home more inviting.

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 29/100

Zoned Schools

Elementary Westside Elementary School F LA #297/646 Nat'l #24,614/41,679 Middle Scott Middle School F LA #143/218 Nat'l #10,795/14,009 High Acadiana High School F LA #125/265 Nat'l #10,947/17,239

Schools (NCES district)

District
Lafayette Parish
NCES district ID
2200870
Math proficiency
38% ▼ -32.00%
Reading proficiency
46% ▼ -24.00%
Median HH income
$50,238
Composite
36.15/100
National rank
#4741
State rank
#19 of 98 in LA
C Composite livability gradescore 66/100

Livability — Scott

Score
66/100
State rank
#116
US rank
#11265

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Scott, LA
County
Lafayette · 280,930 people
City population
8,670
Metro
Lafayette, LA
Population (ZIP)
8,670
Household income
$52,856
Rent vs Own
28.8% rent · 71.2% own
Severe rent burden
13% of renters

Population outlook (Lafayette County) Hauer SSP2

Today (2025)
280,930 people
By 2030
301,092 · +7.2%
By 2040
339,456 · +20.8%
By 2050
375,156 · +33.5%
By 2075
451,672 · +60.8%
By 2100
497,203 · +77.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Hispanic / Latino 16% Black 13% Two or more races 11%
Hispanic origin (detail)
Mexican 7% Cuban 2%
Common ancestry
Lithuanian 11% Slovak 3% Italian 1%
Foreign-born
11% · Canada
Languages at home
81% English-only · Spanish 12% French/Haitian/Cajun 7%

Political lean MEDSL · Lafayette

2024 margin
Solid R (+31.4) · D 33.5% · R 64.8% · Other 1.7%
2008→2024 swing
-0.1pp no change · 2008: -31.3pp · 2024: -31.4pp
All cycles
2024: R+31.4 2020: R+28.7 2016: R+33.6 2012: R+33.7 2008: R+31.3

Not yet ingested

Civics

Price history

1 event — show timeline
  • 2025-04-07 Listed $232,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…