CashFlowRE
Sign in Sign up
126 Pierce Ln 🏗️ New Construction
D Composite 42.25
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 +12.8/30.0
  • ARV discount +7.5/15.0
  • Condition / age +4.0/5.0
  • Schools +3.9/10.0
  • 1% rule +3.8/10.0
  • DSCR +3.8/10.0
  • Livability +3.8/5.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$231,835

126 Pierce Ln · Maurice, LA 70555
3 bd · 2.0 ba · 1,538 sqft · SingleFamily · 7 Days on market
Built 2026 Good condition 6,098 sqft lot $32/mo HOA · 2% of rent

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

Listing remarks

Awesome builder rate + FREE Refrigerator OR Window Blinds OR Smart Home Package (restrictions apply)! BACKS TO POND! Brand NEW Construction built by DSLD HOMES in Hudson Yards! The CARLTON IV H offers a 3 bedroom, 2 full bath open floor plan. This NEW home includes upgraded cabinets, quartz counters, undermount vanity sinks, stainless steel appliances, undermount cabinet lighting & more. Special features include: kitchen island, vinyl plank flooring in living room & all wet areas, undermount kitchen sink, garden tub, separate shower & large walk-in closet in primary bedroom, smart connect Wi-Fi thermostat, structured wiring panel box, covered patio & more!

Key facts

  • Backs to pond
  • Separate shower
  • Kitchen island

Tags

BACKS TO PONDKITCHEN ISLANDVINYL PLANK FLOORINGUNDERMOUNT KITCHEN SINKGARDEN TUBSEPARATE SHOWER

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $231,835 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $230,700.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $232k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-19 ($-229/yr) — negative.
  • To cash-flow at today's rent, offer at most $228k (1.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $203k (12.2% below list).
  • Recommended offer: $203k (12.2% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 76/100 on livability (#15 in LA, #3,333 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute 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: Cecil Picard Elementary School At Maurice (math 61% / reading 68%, grade B, #40 of 646 statewide, top 7%, 845 students, 42% FRL); North Vermilion Middle School (math 47% / reading 53%, grade C, #26 of 218 statewide, top 12%, 656 students, 45% FRL); North Vermilion High School (math 57% / reading 63%, grade C+, #20 of 265 statewide, top 7%, 854 students, 44% FRL).
  • Market conditions: 249 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 228 units permitted in Vermilion Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 32% of the median local income ($76k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $203,452 (12.2% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  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
0.88%
Cap rate
6.19%
Cash-on-cash
-0.35%
DSCR
0.98
GRM
9.4

CMA / ARV

ARV (on-the-fly)
$230,700
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
107 Pierce Ln 0.00mi 3/2.0 1,538 (0%) 1mo $232,696 $151 99
117 Dawson Ave 0.08mi 3/2.0 1,538 (0%) 3mo $236,576 $154 94
114 Dawson Ave 0.08mi 3/2.0 1,613 (+5%) 1mo $236,175 $146 87
125 Dawson Ave 0.08mi 3/2.0 1,629 (+6%) 2mo $235,880 $145 85
106 Dawson Ave 0.08mi 4/2.0 (+1) 1,641 (+7%) 0mo $242,615 $148 80
103 Harper Dr 0.20mi 3/2.0 1,689 (+10%) 3mo $242,425 $144 72
102 Esson Dr 0.44mi 3/2.0 1,616 (+5%) 1mo $234,500 $145 70
134 Rue Des Cannes 0.63mi 3/2.0 1,545 (+0%) 4mo $232,500 $150 66
131 Rue Village Rd 0.72mi 3/2.0 1,456 (-5%) 2mo $235,000 $161 56
149 Micah Edward Dr 0.68mi 3/2.0 1,642 (+7%) 3mo $243,000 $148 55
110 Louis Private Ln 0.51mi 3/2.0 1,729 (+12%) 2mo $280,000 $162 54
128 Rue Village Rd 0.68mi 3/2.0 1,365 (-11%) 1mo $227,000 $166 48

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
-16.9%
Equity multiple
0.40×
Total profit
$-38,546
Equity at exit
$34,398
10-year hold
IRR
-8.7%
Equity multiple
0.46×
Total profit
$-34,922
Equity at exit
$19,947

Cash invested: $64,596 (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.

ZIP-level market 70555

Home prices YoY
-29.4%
Active inventory
249
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$2,035 high interval (Pro) →
Mortgage (P&I)
$1,210
Tax est. 1.5%
$288 /mo · $3,460/yr
Insurance
$96
HOA
$32
Vacancy / Maint / Mgmt
$427
Net cashflow
$-19

Break-even live

Break-even rent $2,059
Max offer price $227,944
Occupancy floor 96%

Sensitivity live

Price -10% $140 -5% $61 +0% $-19 +5% $-99 +10% $-178
Rent -10% $-180 -5% $-99 +0% $-19 +5% $61 +10% $142
Rate -1.0pp $97 -0.5pp $40 base $-19 +0.5pp $-79 +1.0pp $-140

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
$57,675
Closing costs
$6,921
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
222 Weaver Way Maurice, LA 3.0 2.0 1538 $1,850 $1.20 15d 1 0.17mi
108 Michael John Dr Maurice, LA 4.0 2.0 1961 $1,900 $0.97 45d 1 0.39mi
112 Melanie Rose Dr Unit NA Maurice, LA 4.0 2.0 2010 $1,995 $0.99 15d 1 0.42mi
8550 Cat Rd Unit B Maurice, LA 3.0 2.0 1324 $1,650 $1.25 45d 1 0.62mi
127 Allister Rd Maurice, LA 4.0 2.0 1803 $1,575 $0.87 45d 1 0.94mi

HOA detail

Monthly dues
$32 · $384/yr
Likely covers
internet

Listing history 2 events

  1. 2026-04-27
    status Pending
  2. 2026-04-20
    listed $231,835 Active

ⓘ 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
$24,414
− Mortgage interest
−$12,923
− Property taxes
−$3,460
− Insurance
−$1,154
− Repairs & maintenance
−$1,953
− Management
−$1,953
− HOA
−$384
− Depreciation
−$6,711
Taxable loss
−$4,124
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$990
After-tax cash flow
$761/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 · 10 photos

Good 80/100 None rehab

This home is in excellent condition with modern finishes and a well-maintained exterior. It is move-in ready and would benefit from a fresh coat of paint and smart home devices to further enhance its value.

Value-add opportunities

  • Resale Paint the exterior brick facade — Fresh paint can enhance curb appeal and property value.
  • Both Install smart home devices — Smart home devices can increase both resale and rental value by adding modern conveniences.

Renovation cost estimate screening

Value-add ROI direction

  • Resale Paint the exterior brick facade — Fresh paint can enhance curb appeal and property value.
  • Both Install smart home devices — Smart home devices can increase both resale and rental value by adding modern conveniences.

ⓘ 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
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 — Maurice

Score
76/100
State rank
#15
US rank
#3333

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Maurice, LA
County
Vermilion Parish · 8,759 people
City population
8,759
Metro
Lafayette, LA
Population (ZIP)
8,759
Household income
$76,213
Rent vs Own
16.5% rent · 83.5% own
Severe rent burden
46.0

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 (82%)
Race & ethnicity
White 82% Black 8% Two or more races 5% Hispanic / Latino 4% Asian 3%
Common ancestry
Lithuanian 25% Romanian 3% Italian 1%
Foreign-born
2% · Vietnam
Languages at home
93% English-only · French/Haitian/Cajun 4% Vietnamese 2% Spanish 1%

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
▼ -55.61%
Current HPI
133.7146
Rent YoY
Metro
Lafayette, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

2 events — show timeline
  • 2026-04-27 Pending AcadianaMLS
  • 2026-04-20 Listed $231,835 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…