3561 St Theresa Ln · Sulphur, LA 70663

$130,000

3 bd · 2.0 ba · 1,958 sqft · SingleFamily · 299 Days on market

Built 1975 $66/sqft · 37% below area Est $207k · 37% under

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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 +26.6/30.0
• ARV discount +15.0/15.0
• DSCR +9.1/10.0
• 1% rule +6.6/10.0
• Rent growth +4.4/5.0
• Livability +3.6/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Country living at it's finest. 3 bedroom, 2 bath home sitting on 1.37 acres. Kitchen is open to the breakfast area, separate dining area; Master suite comes complete with a private den, office, and walk-thru closet, Jacuzzi tub/shower. 12x24 building has electricity, but plumbing not connected. 12x12 workshop/storage with electricity. 16x16 covered deck in the rear of the home. 16x16 deck in front. Located in flood zone X where flood insurance is not normally required. All measurements are more or less. Sale is conditioned on Short Sale approval by lender.

Key facts

• 12x12 workshop
• Private den
• 16x16 covered deck

Tags

• PRIVATE DEN
• WALK-THRU CLOSET
• JACUZZI TUB
• 16X16 COVERED DECK
• 12X12 WORKSHOP

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $348 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#48 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: crime D-, amenities F, commute F.
• Calcasieu Parish (other): math 30% / reading 44% proficiency, ranked #29 of 98 in LA (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.7%/yr); 291 active listings in the ZIP; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Calcasieu County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 7.7% rent growth), your $36k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 299 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y ago 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.
• Current owner paid $100k; 30% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 299 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. Crime grade is D 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: 1.16% ✓
• Cap rate: 9.50%
• Cash-on-cash: 11.47%
• DSCR: 1.51
• GRM: 7.2

CMA / ARV

• ARV (median comp): $207,000
• List price: $130,000
• Delta: -37.20%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 7.65% rent growth · sell at horizon

5-year hold

• IRR: 5.7%
• Equity multiple: 1.23×
• Total profit: $8,478
• Equity at exit: $19,383

10-year hold

• IRR: 18.8%
• Equity multiple: 2.90×
• Total profit: $69,275
• Equity at exit: $11,240

Cash invested: $36,400 (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 70663

• Rents YoY: 7.7%
• Active inventory: 291
• Price-to-rent: 7.2×

Monthly cashflow live

• Estimated rent: $1,509 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$108 /mo · $1,301/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$317
• Net cashflow: $348

Break-even live

Break-even rent $1,069

Max offer price $130,000

Occupancy floor 72%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 7 events

1. 2026-05-31
   days on market $130,000 Active 299 DOM
2. 2026-05-30
   days on market $130,000 Active 298 DOM
3. 2025-04-29
   listed $130,000 Active 562-char remark

   Show marketing remark (562 chars)

   Country living at it's finest. 3 bedroom, 2 bath home sitting on 1.37 acres. Kitchen is open to the breakfast area, separate dining area; Master suite comes complete with a private den, office, and walk-thru closet, Jacuzzi tub/shower. 12x24 building has electricity, but plumbing not connected. 12x12 workshop/storage with electricity. 16x16 covered deck in the rear of the home. 16x16 deck in front. Located in flood zone X where flood insurance is not normally required. All measurements are more or less. Sale is conditioned on Short Sale approval by lender.

4. 2019-05-15
   soldstatus $100,000
5. 2019-05-09
   soldstatus 539-char remark

   Show marketing remark (539 chars)

   Acerage!!! 3 bedroom 2 bath home with approx 2,000 Sq. Ft. , sitting on 1.37 acres. Kitchen is open to the breakfast area, separate dining area; Master suite comes complete with a private den, office, and walk-thru closet, Jacuzzi tub/shower. 12x24 building has electricity, but plumbing not connected. 12x12 workshop/storage with electricity. 16x16 covered deck in the rear of the home. 16x16 deck in front. Located in Flood Zone "X" (flood ins not required). Home sold "as is". No known restrictions, buyer to verify.

6. 2019-03-11
   listed $97,000 539-char remark

   Show marketing remark (539 chars)

   Acerage!!! 3 bedroom 2 bath home with approx 2,000 Sq. Ft. , sitting on 1.37 acres. Kitchen is open to the breakfast area, separate dining area; Master suite comes complete with a private den, office, and walk-thru closet, Jacuzzi tub/shower. 12x24 building has electricity, but plumbing not connected. 12x12 workshop/storage with electricity. 16x16 covered deck in the rear of the home. 16x16 deck in front. Located in Flood Zone "X" (flood ins not required). Home sold "as is". No known restrictions, buyer to verify.

7. 2005-05-17
   soldstatus $48,900

ⓘ 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: $1,301 · $108/mo
• Projected year-2 tax: $1,301 · $108/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 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°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: $18,111
• − Mortgage interest: −$7,282
• − Property taxes: −$1,301
• − Insurance: −$650
• − Repairs & maintenance: −$1,449
• − Management: −$1,449
• − Depreciation: −$3,782
• Taxable income: $2,198
• Est. tax owed @ 24.0%: −$528
• After-tax cash flow: $3,648/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: Calcasieu Parish
• NCES district ID: 2200330
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 44% ▼ -33.00%
• Median HH income: $44,700
• Composite: 31.45/100
• National rank: #5979
• State rank: #29 of 98 in LA

Livability — Sulphur

• Score: 71/100
• State rank: #48
• US rank: #7164

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Calcasieu Parish · 170,889 people
• City population: 27,799
• Metro: Lake Charles, LA
• Population (ZIP): 27,799
• Household income: $64,707
• Rent vs Own: 19.7% rent · 80.3% own
• Severe rent burden: 197.0

Population outlook (Calcasieu County) Hauer SSP2

• Today (2025): 212,179 people
• By 2030: 218,199 · +2.8%
• By 2040: 228,486 · +7.7%
• By 2050: 236,208 · +11.3%
• By 2075: 251,696 · +18.6%
• By 2100: 247,848 · +16.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 8% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Lithuanian 13% Slovak 2% Scandinavian 1%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 94% English-only · Spanish 2% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Calcasieu

• 2024 margin: Solid R (+39.6) · D 29.5% · R 69.0% · Other 1.5%
• 2008→2024 swing: -15.0pp toward R · 2008: -24.6pp · 2024: -39.6pp
• All cycles: 2024: R+39.6 2020: R+35.2 2016: R+33.3 2012: R+28.7 2008: R+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.29%
• Current HPI: 100.0895
• Rent YoY: ▲ 7.65%
• Metro: Lake Charles, 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

+165.8% since first listed

5 events — show timeline

• 2025-04-29 Listed $130,000 SWLAR
• 2019-05-15 Sold (Public Records) $100,000 Public Records
• 2019-05-09 Sold (MLS) — SWLAR
• 2019-03-11 Listed $97,000 SWLAR
• 2005-05-17 Sold (Public Records) $48,900 Public Records

Property tax history

+7.2%/yr

Latest (2025): $1,301 · -1.7% YoY. Source: county tax records.