101 Harvest View Ln · Maurice, LA 70555

$254,200

3 bd · 2.0 ba · 1,385 sqft · Land · 152 Days on market

0.50 ac lot $184/sqft · 342% above area $35/mo HOA · 2% of rent

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Why this score? — see what drove the F 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 +8.0/30.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

*Receive up to $7,465 in incentives on this MOVE IN READY New Construction Energy Star Home in Prairie Cove Phase II Under $255K, sitting on a pond lot! Welcome to the Jacques Cottage where modern design meets small-town charm in Maurice. This beautifully crafted floorplan offers 3 bedrooms, 2 baths, providing the perfect blend of functionality and style. The spacious living room features a striking 10-foot ceiling, creating an open and airy feel, The chef-inspired kitchen boasts a freestanding gas range, stainless steel appliances, 3cm countertops, an undermount sink, and custom-built cabinets with hardware. Luxury vinyl plank flooring runs throughout the home, with tile in wet areas and plush carpet in the secondary bedrooms. The primary suite is a private retreat, offering a garden tub, separate shower stand up shower, dual vanities. Exterior features include a tankless water heater, architectural high-definition shingles, up to 10 pallets of sod, and professionally designed front landscaping, enhancing the home's curb appeal. Relax on your patio as the sun sets with a beautiful pond view. Don't miss this opportunity to own a brand-new, energy-efficient home in Prairie Cove! Schedule your private showing today!

Key facts

• Patio
• Pond lot
• 0.5 acre lot

Tags

• POND LOT
• FREESTANDING GAS RANGE
• STAINLESS STEEL APPLIANCES
• CUSTOM-BUILT CABINETS
• TANKLESS WATER HEATER
• PATIO

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $254k.

Deal economics

• At list price, monthly cash flow is $-258 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $217k (14.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $194k (23.6% below list).
• Recommended offer: $194k (23.6% 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.
• Market conditions: 248 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 228 units permitted in Vermilion Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 31% 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 $8k 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

• It's been on market 152 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.

Recommended offer $194,160 (23.6% 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 152 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.76% ✗
• Cap rate: 5.08%
• Cash-on-cash: -4.35%
• DSCR: 0.81
• GRM: 10.9

CMA / ARV

• ARV (median comp): $57,500
• List price: $254,200
• Delta: 342.09%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -23.6%
• Equity multiple: 0.19×
• Total profit: $-57,563
• Equity at exit: $37,902

10-year hold

• IRR: -18.5%
• Equity multiple: 0.00×
• Total profit: $-71,066
• Equity at exit: $21,979

Cash invested: $71,176 (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 70555

• Home prices YoY: -29.4%
• Active inventory: 248
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,942 medium
• Mortgage (P&I): −$1,333
• Tax est. 1.5%: −$318 /mo · $3,813/yr
• Insurance: −$106
• HOA: −$35
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $-258

Break-even live

Break-even rent $2,268

Max offer price $216,888

Occupancy floor —

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: $63,550
• Closing costs: $7,626
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
222 Weaver Way Maurice, LA	3.0	2.0	1538	$1,850	$1.20	13d	1	1.41mi

HOA detail

• Monthly dues: $35 · $420/yr
• Likely covers: watergaslandscaping

Listing history 2 events

1. 2026-05-11
   status Pending 1233-char remark

   Show marketing remark (1233 chars)

   *Receive up to $7,465 in incentives on this MOVE IN READY New Construction Energy Star Home in Prairie Cove Phase II Under $255K, sitting on a pond lot! Welcome to the Jacques Cottage where modern design meets small-town charm in Maurice. This beautifully crafted floorplan offers 3 bedrooms, 2 baths, providing the perfect blend of functionality and style. The spacious living room features a striking 10-foot ceiling, creating an open and airy feel, The chef-inspired kitchen boasts a freestanding gas range, stainless steel appliances, 3cm countertops, an undermount sink, and custom-built cabinets with hardware. Luxury vinyl plank flooring runs throughout the home, with tile in wet areas and plush carpet in the secondary bedrooms. The primary suite is a private retreat, offering a garden tub, separate shower stand up shower, dual vanities. Exterior features include a tankless water heater, architectural high-definition shingles, up to 10 pallets of sod, and professionally designed front landscaping, enhancing the home's curb appeal. Relax on your patio as the sun sets with a beautiful pond view. Don't miss this opportunity to own a brand-new, energy-efficient home in Prairie Cove! Schedule your private showing today!

2. 2025-12-10
   listed $254,200 Active 1233-char remark

   Show marketing remark (1233 chars)

   *Receive up to $7,465 in incentives on this MOVE IN READY New Construction Energy Star Home in Prairie Cove Phase II Under $255K, sitting on a pond lot! Welcome to the Jacques Cottage where modern design meets small-town charm in Maurice. This beautifully crafted floorplan offers 3 bedrooms, 2 baths, providing the perfect blend of functionality and style. The spacious living room features a striking 10-foot ceiling, creating an open and airy feel, The chef-inspired kitchen boasts a freestanding gas range, stainless steel appliances, 3cm countertops, an undermount sink, and custom-built cabinets with hardware. Luxury vinyl plank flooring runs throughout the home, with tile in wet areas and plush carpet in the secondary bedrooms. The primary suite is a private retreat, offering a garden tub, separate shower stand up shower, dual vanities. Exterior features include a tankless water heater, architectural high-definition shingles, up to 10 pallets of sod, and professionally designed front landscaping, enhancing the home's curb appeal. Relax on your patio as the sun sets with a beautiful pond view. Don't miss this opportunity to own a brand-new, energy-efficient home in Prairie Cove! Schedule your private showing today!

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

Taxation est. · year 1

• Rental income: $23,299
• − Mortgage interest: −$14,239
• − Property taxes: −$3,813
• − Insurance: −$1,271
• − Repairs & maintenance: −$1,864
• − Management: −$1,864
• − HOA: −$420
• − Depreciation: −$7,395
• Taxable loss: −$7,567
• Est. tax savings @ 24.0%: +$1,816
• After-tax cash flow: $-1,278/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: 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
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

2 events — show timeline

• 2026-05-11 Pending — AcadianaMLS
• 2025-12-10 Listed $254,200 AcadianaMLS

Property tax history

+5.3%/yr

Latest (2025): $342 · -0.1% YoY. Source: county tax records.