1060 Clayton Castille Rd · Breaux Bridge, LA 70517

$95,000

3 bd · 2.0 ba · 1,280 sqft · Manufactured public records · 74 Days on market

Built 2006 1.06 ac lot $74/sqft · 7% below area Est $102k · 7% 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 +30.0/30.0
• ARV discount +10.6/15.0
• DSCR +10.0/10.0
• 1% rule +9.3/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

Key facts

• Vinyl flooring
• Beautiful deck
• Open yard

Tags

• VINYL FLOORING
• 3 YEAR OLD ROOF
• BEAUTIFUL DECK
• LARGE SHED
• OPEN YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $95k.

Deal economics

• At list price, monthly cash flow is $489 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $89k (6.0% below list) — sets the bar for market timing.
• Cap rate 12.5% vs local median 3.4% in Breaux Bridge — 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 62/100 on livability (#210 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety B+; Watch: crime F, amenities F, commute F.
• St. Martin Parish (rural): math 23% / reading 32% proficiency, ranked #49 of 98 in LA (top 50%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 276 active listings in the ZIP; 54 units permitted in St. Martin Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• St. Martin County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $27k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 74 days — a 6% lower offer ($89k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 10y ago; this cycle's ask has dropped $25k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $70k; 36% 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; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $89,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 74 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.43% ✓
• Cap rate: 12.47%
• Cash-on-cash: 22.07%
• DSCR: 1.98
• GRM: 5.8

CMA / ARV

• ARV (median comp): $102,000
• List price: $95,000
• Delta: -6.86%
• Verdict: FAIR
• Comps: 2 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1060 Clayton Castille Rd	0.00mi	3/2.0	1,280 (0%)	0mo	$85,000	$66	100
1064 Poydras Pl	0.11mi	3/2.0	1,280 (0%)	14mo	$113,000	$88	84
1083 Eunice Rd	0.31mi	3/2.0	1,456 (+14%)	4mo	$119,000	$82	59
1073 Hebert Ln #4	0.72mi	3/2.0	1,194 (-7%)	20mo	$50,000	$42	38

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: 14.8%
• Equity multiple: 1.59×
• Total profit: $15,746
• Equity at exit: $14,165

10-year hold

• IRR: 23.5%
• Equity multiple: 3.02×
• Total profit: $53,737
• Equity at exit: $8,214

Cash invested: $26,600 (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 70517

• Home prices YoY: -33.7%
• Active inventory: 276
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,356 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$44 /mo · $525/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$285
• Net cashflow: $489

Break-even live

Break-even rent $736

Max offer price $95,000

Occupancy floor 59%

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: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-05-03
   status Pending 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

2. 2026-04-12
   price $95,000 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

3. 2026-03-25
   status Active 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

4. 2026-03-18
   status Pending 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

5. 2026-03-02
   price $110,000 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

6. 2026-02-16
   status Active 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

7. 2026-02-07
   status Pending 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

8. 2026-01-29
   listed $120,000 Active 552-char remark

   Show marketing remark (552 chars)

   Affordable country living with room to breathe in Breaux Bridge. This 3 bedroom, 2 bathroom home sits on 1.06acres of land and offers a practical layout with vinyl flooring throughout, a 3 year old roof, and a beautiful deck that extends your living space outdoors. A large shed provides extra storage or workspace, while the open yard leaves plenty of room for pets, projects, or quiet evenings at home. If you are looking for ownership, land, and value without the price tag of new construction, this property delivers a smart path to home ownership.

9. 2026-01-23
   soldstatus $69,979
10. 2017-11-16
    soldstatus $69,579
11. 2016-05-09
    soldstatus $70,470
12. 2016-04-04
    soldstatus $58,000
13. 2016-03-31
    soldstatus $58,000 258-char remark

    Show marketing remark (258 chars)

    3 bedroom 2 bath home on over an acre of land just south of Breaux Bridge. Open floor plan. Large living room with wood laminate flooring. Master suite features a walk-in closet, garden tub, dual vanities, and a separate shower. Large front and backyard.

14. 2016-02-10
    listed $69,000 258-char remark

    Show marketing remark (258 chars)

    3 bedroom 2 bath home on over an acre of land just south of Breaux Bridge. Open floor plan. Large living room with wood laminate flooring. Master suite features a walk-in closet, garden tub, dual vanities, and a separate shower. Large front and backyard.

ⓘ 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: $525 · $44/mo
• Projected year-2 tax: $525 · $44/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 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 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: $16,267
• − Mortgage interest: −$5,321
• − Property taxes: −$525
• − Insurance: −$475
• − Repairs & maintenance: −$1,301
• − Management: −$1,301
• − Depreciation: −$2,764
• Taxable income: $4,578
• Est. tax owed @ 24.0%: −$1,099
• After-tax cash flow: $4,773/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: St. Martin Parish
• NCES district ID: 2201590
• Math proficiency: 23% ▼ -44.00%
• Reading proficiency: 32% ▼ -36.00%
• Median HH income: $42,813
• Composite: 23.41/100
• National rank: #7897
• State rank: #49 of 98 in LA

Livability — Breaux Bridge

• Score: 62/100
• State rank: #210
• US rank: #16362

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 26,570

Population outlook (St. Martin County) Hauer SSP2

• Today (2025): 57,446 people
• By 2030: 58,857 · +2.5%
• By 2040: 60,859 · +5.9%
• By 2050: 61,419 · +6.9%
• By 2075: 61,574 · +7.2%
• By 2100: 57,253 · -0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (62%)
• Race & ethnicity: White 62% Black 30% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 18% Slovak 1% Romanian 1%
• Foreign-born: 3% · Canada, Vietnam, China
• Languages at home: 87% English-only · French/Haitian/Cajun 9% Spanish 3% Vietnamese 1%

Political lean MEDSL · St. Martin

• 2024 margin: Solid R (+40.7) · D 29.1% · R 69.8% · Other 1.0%
• 2008→2024 swing: -20.0pp toward R · 2008: -20.7pp · 2024: -40.7pp
• All cycles: 2024: R+40.7 2020: R+36.1 2016: R+33.4 2012: R+24.5 2008: R+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.00%
• Current HPI: 143.4293
• 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

+37.7% since first listed

14 events — show timeline

• 2026-05-03 Pending — AcadianaMLS
• 2026-04-12 Price Changed $95,000 AcadianaMLS
• 2026-03-25 Relisted — AcadianaMLS
• 2026-03-18 Pending — AcadianaMLS
• 2026-03-02 Price Changed $110,000 AcadianaMLS
• 2026-02-16 Relisted — AcadianaMLS
• 2026-02-07 Pending — AcadianaMLS
• 2026-01-29 Listed $120,000 AcadianaMLS
• 2026-01-23 Sold (Public Records) $69,979 Public Records
• 2017-11-16 Sold (Public Records) $69,579 Public Records
• 2016-05-09 Sold (Public Records) $70,470 Public Records
• 2016-04-04 Sold (Public Records) $58,000 Public Records
• 2016-03-31 Sold (MLS) $58,000 AcadianaMLS
• 2016-02-10 Listed $69,000 AcadianaMLS

Property tax history

-0.8%/yr

Latest (2025): $525 · -0.6% YoY. Source: county tax records.