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117 Nandina Dr 🏗️ New Construction
D Composite 41.65
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 +12.5/30.0
  • ARV discount +7.5/15.0
  • Condition / age +4.8/5.0
  • 1% rule +3.8/10.0
  • DSCR +3.7/10.0
  • Schools +3.6/10.0
  • Livability +3.3/5.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$235,372

117 Nandina Dr · Scott, LA 70583
3 bd · 2.0 ba · 1,601 sqft · SingleFamily · 8 Days on market
Built 2026 Excellent condition 7,405 sqft lot $36/mo HOA · 2% of rent

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

Listing remarks MLS

* 2/1 buydown with rate as low as 3.99% for the first 12 months. Contact Builder Sales Rep(s) for current incentive details. * Awesome builder rate + FREE Refrigerator (restrictions apply)! The Blackburn IV G in the Payton Woods community features 3 bedrooms and 2 full bathrooms. This thoughtfully designed open-concept floor plan offers modern style and everyday functionality, featuring upgraded quartz countertops, luxury vinyl plank flooring in the primary bedroom, framed bathroom mirrors, and more. The kitchen is equipped with stainless steel appliances, a breakfast bar, and undermount sink, creating a space that is both stylish and practical. Luxury vinyl plank flooring extends throughout the living areas, hallways, and all wet areas for easy maintenance and lasting durability. The spacious primary suite includes a large walk-in closet and a well-appointed bath designed for comfort and convenience. Additional features include crown molding, a Smart Connect Wi-Fi thermostat, a gas tankless water heater, radiant barrier roof decking, Low-E tilt-in windows, a post-tension slab, and a seasonal landscaping package-delivering energy efficiency, quality construction, and modern living.

Key facts

  • Undermount sink
  • Breakfast bar
  • 7,405 sq ft lot

Tags

OPEN-CONCEPT FLOOR PLANUPGRADED QUARTZ COUNTERTOPSLUXURY VINYL PLANK FLOORINGSTAINLESS STEEL APPLIANCESBREAKFAST BARUNDERMOUNT SINK

Property features AI

Finance

  • HOA & community: Community association with annual fee; Annual association fee: $430; Association provides accounting and management

Exterior

  • Parking: 2 covered parking spaces; 2-car garage
  • Utilities: City gas; Public sewer; SLEMCO electric
  • Home design: Single family residence; Under construction
  • Construction: Brick veneer and vinyl siding; Composition roof
  • Exterior features: Outdoor lighting; Open patio/porch

Interior

  • Kitchen: Dishwasher; Microwave; Electric stove
  • Bedrooms: Bedroom 2; Bedroom 3
  • Flooring: Carpet; Vinyl plank
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central air conditioning; Natural gas heating
  • Interior features: Quartz counters; Dining room; Living room; Kitchen
  • Laundry & utility: Electric dryer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $235,372 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $236,948.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $235k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-34 ($-414/yr) — negative.
  • To cash-flow at today's rent, offer at most $232k (1.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (11.9% below list).
  • Recommended offer: $207k (11.9% below list) — sets the bar for 1% rule.
  • Cap rate 6.1% vs local median 4.7% in Scott — 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 66/100 on livability (#116 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: crime F, amenities F, commute F.
  • Lafayette Parish (urban): math 38% / reading 46% proficiency, ranked #19 of 98 in LA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Westside Elementary School (math 32% / reading 34%, grade F, #297 of 646 statewide, top 46%, 635 students, 72% FRL); Scott Middle School (math 20% / reading 28%, grade F, #143 of 218 statewide, top 65%, 559 students, 65% FRL); Acadiana High School (math 31% / reading 29%, grade F, #125 of 265 statewide, top 47%, 1,813 students, 56% FRL).
  • Zoned-school proficiency averages 29% at this address vs 42% district-wide (-13 pts) — the specific schools serving this property underperform the Lafayette Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: 277 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).

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.
  • Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 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.
Recommended offer $207,471 (11.9% 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 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. 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?
  6. 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?
  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
0.88%
Cap rate
6.12%
Cash-on-cash
-0.62%
DSCR
0.97
GRM
9.5

CMA / ARV

ARV (on-the-fly)
$236,948
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
111 Nandina Dr 0.00mi 3/2.0 1,689 (+6%) 2mo $245,664 $145 89
100 Sandstone Ave 0.34mi 3/2.0 1,578 (-1%) 1mo $345,000 $219 81
211 Nandina Dr 0.20mi 3/2.0 1,495 (-7%) 0mo $231,321 $155 79
200 Nandina Dr 0.20mi 3/2.0 1,735 (+8%) 1mo $255,956 $148 76
119 Nandina Dr 0.00mi 3/2.0 1,825 (+14%) 2mo $263,758 $145 75
308 Payton Woods Ln 0.12mi 3/2.0 1,825 (+14%) 1mo $256,786 $141 70
300 Payton Woods Ln 0.12mi 3/2.0 1,825 (+14%) 1mo $258,075 $141 70
107 Earline Dr 0.13mi 3/2.0 1,387 (-13%) 2mo $167,000 $120 70
104 Breckenridge Loop 0.56mi 3/2.0 1,544 (-4%) 3mo $212,500 $138 66
400 Cheyenne Cir 0.69mi 3/2.0 1,518 (-5%) 1mo $230,000 $152 59
129 Harvest Pointe Cir 0.65mi 3/2.0 1,440 (-10%) 2mo $219,900 $153 52
427 Bozeman Trl 0.64mi 3/2.0 1,836 (+15%) 1mo $399,904 $218 45

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
-17.3%
Equity multiple
0.39×
Total profit
$-40,538
Equity at exit
$35,330
10-year hold
IRR
-9.2%
Equity multiple
0.43×
Total profit
$-37,910
Equity at exit
$20,487

Cash invested: $66,345 (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 70583

Active inventory
277
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$2,075 high interval (Pro) →
Mortgage (P&I)
$1,243
Tax est. 1.5%
$296 /mo · $3,554/yr
Insurance
$99
HOA
$36
Vacancy / Maint / Mgmt
$436
Net cashflow
$-34

Break-even live

Break-even rent $2,118
Max offer price $231,960
Occupancy floor 97%

Sensitivity live

Price -10% $129 -5% $47 +0% $-34 +5% $-116 +10% $-198
Rent -10% $-198 -5% $-116 +0% $-34 +5% $47 +10% $129
Rate -1.0pp $85 -0.5pp $26 base $-34 +0.5pp $-96 +1.0pp $-158

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
$59,237
Closing costs
$7,108
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
1313 Apollo Rd Scott, LA 1.0–3.0 1.0–2.0 1100 $2,000 $1.82 15d 10 0.32mi
315 Sandstone Ave #202 Scott, LA 2.0 2.5 1193 $1,895 $1.59 15d 1 0.56mi
128 Oak Village Dr Scott, LA 3.0 2.0 1445 $2,450 $1.70 15d 1 0.59mi
108 Notre Dame Dr Lafayette, LA 3.0 3.0 1700 $1,700 $1.00 45d 1 0.93mi
401 Pinto St Lafayette, LA 3.0 2.0 1601 $2,300 $1.44 45d 1 1.11mi

HOA detail

Monthly dues
$36 · $432/yr
Likely covers
watergasinternetlandscaping

Listing history 7 events

  1. 2026-06-13
    statusdays on market $235,372 Pending 8 DOM
  2. 2026-06-10
    days on market $235,372 Active 6 DOM
  3. 2026-06-09
    days on market $235,372 Active 5 DOM
  4. 2026-06-08
    days on market $235,372 Active 4 DOM
  5. 2026-06-07
    days on market $235,372 Active 3 DOM
  6. 2026-06-05
    remarks 699-char remark
  7. 2026-06-05
    listed $235,372 Active 1 DOM

ⓘ 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,897
− Mortgage interest
−$13,273
− Property taxes
−$3,554
− Insurance
−$1,185
− Repairs & maintenance
−$1,992
− Management
−$1,992
− HOA
−$432
− Depreciation
−$6,893
Taxable loss
−$4,424
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,062
After-tax cash flow
$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.

Condition & rehab AI · 10 photos

Excellent 95/100 None rehab

This home is in excellent condition with no visible repairs needed. It is move-in ready and has a good resale value due to its well-maintained exterior and interior.

Value-add opportunities

  • Resale Painting and touch-up of exterior siding and brick — Enhances curb appeal and can add value to the home
  • Resale Landscaping improvements — Enhances curb appeal and can add value to the home

Renovation cost estimate screening

Value-add ROI direction

  • Resale Painting and touch-up of exterior siding and brick — Enhances curb appeal and can add value to the home
  • Resale Landscaping improvements — Enhances curb appeal and can add value to the home

ⓘ 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
Lafayette Parish
NCES district ID
2200870
Math proficiency
38% ▼ -32.00%
Reading proficiency
46% ▼ -24.00%
Median HH income
$50,238
Composite
36.15/100
National rank
#4741
State rank
#19 of 98 in LA

Livability — Scott

Score
66/100
State rank
#116
US rank
#11265

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Scott, LA
City population
8,670
Population (ZIP)
8,670

Population outlook (Lafayette County) Hauer SSP2

Today (2025)
280,930 people
By 2030
301,092 · +7.2%
By 2040
339,456 · +20.8%
By 2050
375,156 · +33.5%
By 2075
451,672 · +60.8%
By 2100
497,203 · +77.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Hispanic / Latino 16% Black 13% Two or more races 11%
Hispanic origin (detail)
Mexican 7% Cuban 2%
Common ancestry
Lithuanian 11% Slovak 3% Italian 1%
Foreign-born
11% · Canada
Languages at home
81% English-only · Spanish 12% French/Haitian/Cajun 7%

Political lean MEDSL · Lafayette

2024 margin
Solid R (+31.4) · D 33.5% · R 64.8% · Other 1.7%
2008→2024 swing
-0.1pp no change · 2008: -31.3pp · 2024: -31.4pp
All cycles
2024: R+31.4 2020: R+28.7 2016: R+33.6 2012: R+33.7 2008: R+31.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -84.03%
Current HPI
132.4083
Rent YoY
Metro
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-06-04 Listed $235,372 Zillow
  • 2026-06-04 Listed $235,372 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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