3307 Myrtle St · Maurice, LA
Flood risk No data
- FEMA flood zone
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- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
Why this score? — see what drove the C- 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 +14.3/30.0
- ARV discount +12.3/15.0
- 1% rule +5.2/10.0
- DSCR +4.3/10.0
- Condition / age +4.0/5.0
- Schools +3.9/10.0
- Livability +3.8/5.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$205,215
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Awesome builder rate + FREE front gutters OR window blinds(restrictions apply)! Located on a Cul De Sac Lot!Brand NEW Construction built by DSLD HOMES in Autumn Park! The Kirkland IV G has an open floor plan with 3 bedrooms, 2 full bathrooms. This home includes upgraded hardware for cabinets, luxury vinyl plank flooring added in bedrooms, undermount cabinet lighting & more. Special plan features: granite counters, vinyl plank flooring in living room & all wet areas, walk-in closet in primary bedroom, Wi-Fi thermostat, structured wiring panel box, tank-less gas water heater, covered patio, fully sodded yard & more!
Key facts
- Open floor plan
- New construction
- Cul de sac lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $205k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $37 ($445/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $205k).
- Recommended offer: $199k (3.0% below list) — sets the bar for market timing.
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; 2 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 33% 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 $1k of loan paydown is wiped out by about $6k 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 56 days — a 3% lower offer ($199k) is reasonable based on typical stale-listing flexibility.
Questions for the listing agent
- It's been on market 56 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.02% ✓
- Cap rate
- 6.51%
- Cash-on-cash
- 0.77%
- DSCR
- 1.03
- GRM
- 8.2
CMA / ARV
- ARV (median comp)
- $229,685
- List price
- $205,215
- Delta
- -10.65%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3311 Myrtle St | 0.00mi | 3/2.0 | 1,192 (0%) | 1mo | $205,140 | $172 | 99 |
| 3314 Myrtle St | 0.00mi | 3/2.0 | 1,192 (0%) | 5mo | $206,828 | $174 | 96 |
| 3306 Myrtle St | 0.00mi | 3/2.0 | 1,363 (+14%) | 4mo | $215,152 | $158 | 73 |
| 3418 Autumn Park Dr | 0.29mi | 3/2.0 | 1,192 (0%) | 17mo | $202,390 | $170 | 72 |
| 3301 Myrtle St | 0.00mi | 3/2.0 | 1,363 (+14%) | 5mo | $215,207 | $158 | 72 |
| 7392 Longleaf Vista Cir | 0.06mi | 3/2.0 | 1,321 (+11%) | 16mo | $213,090 | $161 | 65 |
| 3321 Autumn Park Dr | 0.29mi | 3/2.0 | 1,321 (+11%) | 12mo | $211,310 | $160 | 58 |
| 7410 Bonne Vue Cir | 0.26mi | 3/2.0 | 1,357 (+14%) | 10mo | $213,745 | $158 | 56 |
| 3420 Autumn Park Dr | 0.29mi | 3/2.0 | 1,363 (+14%) | 11mo | $217,760 | $160 | 54 |
| 3416 Autumn Park Dr | 0.29mi | 3/2.0 | 1,321 (+11%) | 18mo | $209,040 | $158 | 53 |
| 3408 Autumn Park Dr | 0.29mi | 3/2.0 | 1,321 (+11%) | 19mo | $212,085 | $161 | 53 |
| 7412 Bonne Vue Cir | 0.26mi | 3/2.0 | 1,363 (+14%) | 16mo | $212,800 | $156 | 50 |
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
- IRR
- -15.0%
- Equity multiple
- 0.46×
- Total profit
- $-30,742
- Equity at exit
- $30,598
- IRR
- -6.2%
- Equity multiple
- 0.60×
- Total profit
- $-23,115
- Equity at exit
- $17,743
Cash invested: $57,460 (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
ZIP-level market 70555
- Home prices YoY
- -29.4%
- Active inventory
- 248
- Price-to-rent
- 8.2×
Monthly cashflow live
- Estimated rent
- $2,089 medium interval (Pro) →
- Mortgage (P&I)
- −$1,076
- Tax est. 1.5%
- −$257 /mo · $3,078/yr
- Insurance
- −$86
- HOA
- −$195
- Vacancy / Maint / Mgmt
- −$439
- Net cashflow
- $37
Break-even live
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
- $51,304
- Closing costs
- $6,156
- 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 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3504 Canebreak Mill Dr Maurice, LA | 3.0–4.0 | 2.0 | 1502 | $1,700 | $1.13 | 13d | 8 | 0.48mi |
| 8550 Cat Rd Unit B Maurice, LA | 3.0 | 2.0 | 1324 | $1,650 | $1.25 | 43d | 1 | 0.96mi |
HOA detail
- Monthly dues
- $195 · $2,340/yr
- Likely covers
- watergasinternet
Listing history 2 events
-
2026-05-12status Pending 636-char remark
Show marketing remark (636 chars)
Awesome builder rate + FREE front gutters OR window blinds(restrictions apply)! Located on a Cul De Sac Lot!Brand NEW Construction built by DSLD HOMES in Autumn Park! The Kirkland IV G has an open floor plan with 3 bedrooms, 2 full bathrooms. This home includes upgraded hardware for cabinets, luxury vinyl plank flooring added in bedrooms, undermount cabinet lighting & more. Special plan features: granite counters, vinyl plank flooring in living room & all wet areas, walk-in closet in primary bedroom, Wi-Fi thermostat, structured wiring panel box, tank-less gas water heater, covered patio, fully sodded yard & more!
-
2026-03-17$205,215 Active 636-char remark
Show marketing remark (636 chars)
Awesome builder rate + FREE front gutters OR window blinds(restrictions apply)! Located on a Cul De Sac Lot!Brand NEW Construction built by DSLD HOMES in Autumn Park! The Kirkland IV G has an open floor plan with 3 bedrooms, 2 full bathrooms. This home includes upgraded hardware for cabinets, luxury vinyl plank flooring added in bedrooms, undermount cabinet lighting & more. Special plan features: granite counters, vinyl plank flooring in living room & all wet areas, walk-in closet in primary bedroom, Wi-Fi thermostat, structured wiring panel box, tank-less gas water heater, covered patio, fully sodded yard & more!
ⓘ 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,067
- − Mortgage interest
- −$11,495
- − Property taxes
- −$3,078
- − Insurance
- −$1,026
- − Repairs & maintenance
- −$2,005
- − Management
- −$2,005
- − HOA
- −$2,340
- − Depreciation
- −$5,970
- Taxable loss
- −$2,853
- Est. tax savings @ 24.0%
- +$685
- After-tax cash flow
- $1,129/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 · 6 photos
This home is in excellent condition with new construction and upgrades, ready for move-in. Minor exterior painting and energy-efficient updates would further enhance its value.
Value-add opportunities
- Both Paint exterior trim — Enhances curb appeal and value
- Both Replace light fixtures with energy-efficient ones — Saves on energy costs and improves aesthetics
- Both Install smart home devices — Enhances convenience and adds modern appeal
Renovation cost estimate screening
Value-add ROI direction
- Both Paint exterior trim — Enhances curb appeal and value ↑
- Both Replace light fixtures with energy-efficient ones — Saves on energy costs and improves aesthetics ↑
- Both Install smart home devices — Enhances convenience and adds modern appeal ↑
ⓘ 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
- 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
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Vermilion Parish · 8,759 people
- City population
- 8,759
- Metro
- Lafayette, LA
- Population (ZIP)
- 8,759
- Household income
- $76,213
- Rent vs 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 |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
2 events — show timeline
- 2026-05-12 Pending — AcadianaMLS
- 2026-03-17 Listed $205,215 AcadianaMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…