320 Frozard Rd · Grand Coteau, LA 70512

$145,500

2 bd · 2.0 ba · 1,130 sqft · SingleFamily · 57 Days on market

1.08 ac lot $129/sqft · 43% below area Est $253k · 43% 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 +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Backing on the Bayou, this home is perfect for the privacy of an acre of land on a country road. Each bedroom has its own full bath with common kitchen/living area and separate laundry room. The home sits near the back of the lot with banks of windows for views of Bayou Bourbeaux from the living room, kitchen & large bedroom. Mature trees in the front & side yards screen the home from both the road & neighboring lots.Come visit this wonderful area, which sits halfway between Historic Grand Coteau with its quaint shops and Sweet Dough Pie Festival to the West and Arnaudville to the East with Nunu Arts and Culture Collective and the Little Big Cup.

Key facts

• 1.08 acre lot
• Garage
• Listed 57 days

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $146k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $146k).
• Recommended offer: $141k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#143 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, crime B+; Watch: amenities F, commute F, employment F.
• St. Landry Parish (town): math 20% / reading 33% proficiency, ranked #54 of 98 in LA (top 55%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 65 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 142 units permitted in St. Landry Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• St. Landry County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 57 days — a 3% lower offer ($141k) 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

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,135 (3.0% below list)

Questions for the listing agent

1. It's been on market 57 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.37% ✓
• Cap rate: 12.29%
• Cash-on-cash: 21.43%
• DSCR: 1.95
• GRM: 6.1

CMA / ARV

• ARV (median comp): $253,207
• List price: $145,500
• Delta: -42.54%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -2.7%
• Equity multiple: 0.90×
• Total profit: $-4,206
• Equity at exit: $21,695

10-year hold

• IRR: 7.1%
• Equity multiple: 1.54×
• Total profit: $21,831
• Equity at exit: $12,580

Cash invested: $40,740 (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 70512

• Home prices YoY: -28.6%
• Active inventory: 65
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,000 medium
• Mortgage (P&I): −$763
• Tax from tax record: −$29 /mo · $345/yr
• Insurance: −$61
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$420
• Net cashflow: $301

Break-even live

Break-even rent $1,619

Max offer price $145,500

Occupancy floor 80%

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: $36,375
• Closing costs: $4,365
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
250 Meche Rd Arnaudville, LA	3.0	2.0	1500	$2,000	$1.33	43d	1	0.62mi

Listing history 18 events

1. 2026-06-18
   days on market $145,500 Active 57 DOM
2. 2026-06-17
   days on market $145,500 Active 56 DOM
3. 2026-06-16
   days on market $145,500 Active 55 DOM
4. 2026-06-15
   days on market $145,500 Active 54 DOM
5. 2026-06-13
   days on market $145,500 Active 52 DOM
6. 2026-06-12
   pricedays on market $145,500 Active 51 DOM
7. 2026-06-09
   days on market $149,500 Active 48 DOM
8. 2026-06-08
   days on market $149,500 Active 47 DOM
9. 2026-06-07
   days on market $149,500 Active 46 DOM
10. 2026-06-07
    days on market $149,500 Active 45 DOM
11. 2026-06-04
    days on market $149,500 Active 42 DOM
12. 2026-06-02
    days on market $149,500 Active 41 DOM
13. 2026-06-01
    days on market $149,500 Active 40 DOM
14. 2026-05-31
    days on market $149,500 Active 39 DOM
15. 2026-05-31
    days on market $149,500 Active 38 DOM
16. 2026-04-23
    status Active 671-char remark

    Show marketing remark (671 chars)

    Backing on the Bayou, this home is perfect for the privacy of an acre of land on a country road. Each bedroom has its own full bath with common kitchen/living area and separate laundry room. The home sits near the back of the lot with banks of windows for views of Bayou Bourbeaux from the living room, kitchen & large bedroom. Mature trees in the front & side yards screen the home from both the road & neighboring lots.Come visit this wonderful area, which sits halfway between Historic Grand Coteau with its quaint shops and Sweet Dough Pie Festival to the West and Arnaudville to the East with Nunu Arts and Culture Collective and the Little Big Cup.

17. 2026-04-13
    status Active 671-char remark

    Show marketing remark (671 chars)

    Backing on the Bayou, this home is perfect for the privacy of an acre of land on a country road. Each bedroom has its own full bath with common kitchen/living area and separate laundry room. The home sits near the back of the lot with banks of windows for views of Bayou Bourbeaux from the living room, kitchen & large bedroom. Mature trees in the front & side yards screen the home from both the road & neighboring lots.Come visit this wonderful area, which sits halfway between Historic Grand Coteau with its quaint shops and Sweet Dough Pie Festival to the West and Arnaudville to the East with Nunu Arts and Culture Collective and the Little Big Cup.

18. 2026-04-08
    listed $152,500 Active 671-char remark

    Show marketing remark (671 chars)

    Backing on the Bayou, this home is perfect for the privacy of an acre of land on a country road. Each bedroom has its own full bath with common kitchen/living area and separate laundry room. The home sits near the back of the lot with banks of windows for views of Bayou Bourbeaux from the living room, kitchen & large bedroom. Mature trees in the front & side yards screen the home from both the road & neighboring lots.Come visit this wonderful area, which sits halfway between Historic Grand Coteau with its quaint shops and Sweet Dough Pie Festival to the West and Arnaudville to the East with Nunu Arts and Culture Collective and the Little Big Cup.

ⓘ 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: $345 · $29/mo
• Projected year-2 tax: $800 · $67/mo
• Expected delta: +$455/yr (+$38/mo · 131.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone AE · 74% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 19 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: $24,000
• − Mortgage interest: −$8,150
• − Property taxes: −$345
• − Insurance: −$5,846
• − Repairs & maintenance: −$1,920
• − Management: −$1,920
• − Depreciation: −$4,233
• Taxable income: $1,586
• Est. tax owed @ 24.0%: −$381
• After-tax cash flow: $3,232/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. Landry Parish
• NCES district ID: 2201560
• Math proficiency: 20% ▼ -43.00%
• Reading proficiency: 33% ▼ -35.00%
• Median HH income: $32,635
• Composite: 21.59/100
• National rank: #8303
• State rank: #54 of 98 in LA

Livability — Grand Coteau

• Score: 65/100
• State rank: #143
• US rank: #12650

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 885
• Population (ZIP): 10,703

Population outlook (St. Landry County) Hauer SSP2

• Today (2025): 83,114 people
• By 2030: 82,110 · -1.2%
• By 2040: 79,445 · -4.4%
• By 2050: 75,855 · -8.7%
• By 2075: 65,684 · -21.0%
• By 2100: 51,739 · -37.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 21% Hispanic / Latino 2% Two or more races 2%
• Common ancestry: Lithuanian 21% Iranian 1% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 88% English-only · French/Haitian/Cajun 10% Spanish 2%

Political lean MEDSL · St. Landry

• 2024 margin: R (+18.8) · D 40.0% · R 58.9% · Other 1.1%
• 2008→2024 swing: -15.6pp toward R · 2008: -3.2pp · 2024: -18.8pp
• All cycles: 2024: R+18.8 2020: R+14.1 2016: R+11.9 2012: R+4.3 2008: R+3.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.35%
• Current HPI: 132.9236
• 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

3 events — show timeline

• 2026-04-23 Relisted — AcadianaMLS
• 2026-04-13 Relisted — AcadianaMLS
• 2026-04-08 Listed $152,500 AcadianaMLS

Property tax history

-0.6%/yr

Latest (2025): $345 · +0.0% YoY. Source: county tax records.