CashFlowRE
Sign in Sign up
167 Laverne Dr
D- Composite 38.06
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).

  • ARV discount +13.3/15.0
  • Cash flow +7.7/30.0
  • Livability +4.2/5.0
  • Schools +3.4/10.0
  • Rent growth +3.2/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.8/10.0
  • DSCR +1.8/10.0
  • Appreciation +0.0/10.0

$235,000

167 Laverne Dr · Thibodaux, LA 70301
3 bd · 2.0 ba · 1,729 sqft · SingleFamily public records · 253 Days on market
Built 2014 7,187 sqft lot $136/sqft · 13% below area Est $270k · 13% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There's even a separate office space--perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

Key facts

  • Cozy gas fireplace
  • Open floor plan
  • Fenced-in backyard

Tags

OPEN FLOOR PLANSPACIOUS KITCHEN ISLANDCOZY GAS FIREPLACEWALK-THROUGH LAUNDRY ROOMSEPARATE OFFICE SPACEFENCED-IN BACKYARD

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

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

Deal economics

  • At list price, monthly cash flow is $-267 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $188k (20.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $161k (31.6% below list).
  • Recommended offer: $161k (31.6% below list) — sets the bar for 1% rule.
  • Cap rate 4.9% vs local median 3.8% in Thibodaux — 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 84/100 on livability (#2 in LA, #723 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, health & safety A+; Watch: crime C-, employment F.
  • Lafourche Parish (other): math 31% / reading 49% proficiency, ranked #22 of 98 in LA (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising (+2.9%/yr); 513 active listings in the ZIP; 319 units permitted in Lafourche Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($58k/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 $7k of value loss. Plan a longer hold.

Negotiation context

  • It's been on market 253 days — a 12% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 19 sale attempts since 12y ago 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

  • 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 $160,637 (31.6% 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 253 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  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
0.68%
Cap rate
4.93%
Cash-on-cash
-4.87%
DSCR
0.78
GRM
12.2

CMA / ARV

ARV (median comp)
$269,666
List price
$235,000
Delta
-12.86%
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
388 Pond Dr 0.31mi 3/2.0 1,685 (-2%) 2mo $249,500 $148 80
138 Ainsley Dr 0.06mi 3/2.0 1,973 (+14%) 2mo $265,000 $134 72
108 Shadow Pointe Rd 0.56mi 3/2.0 1,690 (-2%) 0mo $249,000 $147 70
225 Cottage Way 0.73mi 3/2.0 1,689 (-2%) 1mo $249,000 $147 62
156 Shadow Pointe Rd 0.55mi 3/2.0 1,593 (-8%) 2mo $210,000 $132 59
591 Waverly Rd 0.64mi 3/2.5 1,668 (-4%) 4mo $355,000 $213 59
187 Carriage Way 0.72mi 3/2.0 1,657 (-4%) 1mo $257,500 $155 59
187 Colony Sta 0.52mi 3/2.0 1,551 (-10%) 1mo $239,000 $154 58
439 Wagon Wheel Dr 0.61mi 3/2.0 1,498 (-13%) 4mo $221,763 $148 46
439 Wagon Wheel Dr 0.61mi 3/2.0 1,498 (-13%) 4mo $221,763 $148 46
443 Wagon Wheel Dr 0.61mi 4/2.0 (+1) 1,532 (-11%) 2mo $227,569 $149 46
443 Wagon Wheel Dr 0.61mi 4/2.0 (+1) 1,532 (-11%) 2mo $227,569 $149 46

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 · 2.9% rent growth · sell at horizon

5-year hold
IRR
-24.7%
Equity multiple
0.16×
Total profit
$-55,288
Equity at exit
$35,039
10-year hold
IRR
-20.7%
Equity multiple
-0.08×
Total profit
$-70,837
Equity at exit
$20,319

Cash invested: $65,800 (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 70301

Rents YoY
2.9%
Active inventory
513
Price-to-rent
12.2×

Monthly cashflow live

Estimated rent
$1,606 medium interval (Pro) →
Mortgage (P&I)
$1,232
Tax from tax record
$206 /mo · $2,471/yr
Insurance
$98
HOA
$0
Vacancy / Maint / Mgmt
$337
Net cashflow
$-267

Break-even live

Break-even rent $1,945
Max offer price $187,802
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
$58,750
Closing costs
$7,050
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.

Listing history 35 events

  1. 2026-06-03
    status $235,000 Pending 253 DOM
  2. 2026-06-02
    days on market $235,000 Active 253 DOM
  3. 2026-06-01
    days on market $235,000 Active 252 DOM
  4. 2026-05-31
    days on market $235,000 Active 251 DOM
  5. 2026-05-30
    days on market $235,000 Active 250 DOM
  6. 2026-05-08
    status Active 754-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  7. 2026-05-08
    status Active 766-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  8. 2026-04-13
    status Pending 754-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  9. 2026-04-13
    status Pending 766-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  10. 2026-02-16
    price $235,000 754-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  11. 2026-02-16
    price $235,000 766-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  12. 2025-12-22
    price $239,500 754-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  13. 2025-12-22
    price $239,500 766-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  14. 2025-08-26
    listed $243,500 Active 754-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  15. 2025-08-26
    listed $243,500 Active 766-char remark
    Show marketing remark (766 chars)

    Take a look at this beautiful 3 bed, 2.5 bath home in Thibodaux! This home boasts an open floor plan with a spacious kitchen island and a cozy gas fireplace in the living room. The layout is designed for convenience, featuring a walk-through laundry room with easy access from each bedroom. There’s even a separate office space—perfect for getting work done or pretending to while binge-watching your favorite shows. Step outside and enjoy the fenced-in backyard, ideal for pets or weekend BBQs. Plus, the large garage offers plenty of room for your cars, tools, or even that extra fridge for crawfish season. Seller is Offering $5K in closing cost assistance with acceptable offer! Call today to schedule a private showing before someone else grabs it!

  16. 2022-02-28
    soldstatus
  17. 2022-02-28
    soldstatus $225,000
  18. 2022-01-30
    listed $225,000
  19. 2022-01-30
    listed $225,000
  20. 2019-03-21
    listed $199,900
  21. 2019-03-21
    listed $199,900
  22. 2019-03-21
    listed $199,900
  23. 2018-04-13
    soldstatus $175,000
  24. 2018-04-12
    soldstatus
  25. 2017-11-03
    listed $187,000
  26. 2017-11-03
    listed $187,000
  27. 2017-01-05
    listed $198,000
  28. 2017-01-05
    listed $198,000
  29. 2017-01-05
    listed $198,000
  30. 2016-06-29
    listed $198,000
  31. 2016-06-29
    listed $198,000
  32. 2016-06-29
    listed $198,000
  33. 2014-12-23
    soldstatus
  34. 2014-06-24
    listed $191,900
  35. 2014-06-24
    listed $191,900

ⓘ 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
$2,471 · $206/mo
Projected year-2 tax
$2,471 · $206/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 4/10 Moderate FEMA zone X · 13% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 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 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,276
− Mortgage interest
−$13,164
− Property taxes
−$2,471
− Insurance
−$1,175
− Repairs & maintenance
−$1,542
− Management
−$1,542
− Depreciation
−$6,836
Taxable loss
−$7,454
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,789
After-tax cash flow
$-1,417/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
Lafourche Parish
NCES district ID
2200900
Math proficiency
31% ▼ -43.00%
Reading proficiency
49% ▼ -32.00%
Median HH income
$49,703
Composite
34.4/100
National rank
#5205
State rank
#22 of 98 in LA

Livability — Thibodaux

Score
84/100
State rank
#2
US rank
#723

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Lafourche Parish · 50,095 people
City population
50,095
Metro
Houma-Thibodaux, LA
Population (ZIP)
50,095
Household income
$58,394
Rent vs Own
25.4% rent · 74.6% own
Severe rent burden
1513.0

Population outlook (Lafourche County) Hauer SSP2

Today (2025)
102,122 people
By 2030
103,361 · +1.2%
By 2040
104,401 · +2.2%
By 2050
102,795 · +0.7%
By 2075
95,599 · -6.4%
By 2100
82,303 · -19.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (71%)
Race & ethnicity
White 71% Black 20% Hispanic / Latino 5% Two or more races 5% Native American 1%
Hispanic origin (detail)
Mexican 3%
Common ancestry
Lithuanian 18% Italian 1% Slovak 1%
Foreign-born
2% · Canada
Languages at home
95% English-only · French/Haitian/Cajun 2% Spanish 2%

Political lean MEDSL · Lafourche

2024 margin
Solid R (+62.1) · D 18.4% · R 80.4% · Other 1.2%
2008→2024 swing
-16.1pp toward R · 2008: -46.0pp · 2024: -62.1pp
All cycles
2024: R+62.1 2020: R+60.3 2016: R+56.5 2012: R+48.5 2008: R+46.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -98.35%
Current HPI
124.5559
Rent YoY
▲ 2.90%
Metro
Houma-Thibodaux, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+22.5% since first listed
30 events — show timeline
  • 2026-05-08 Relisted AcadianaMLS
  • 2026-05-08 Relisted GBRMLS
  • 2026-04-13 Pending AcadianaMLS
  • 2026-04-13 Pending GBRMLS
  • 2026-02-16 Price Changed $235,000 AcadianaMLS
  • 2026-02-16 Price Changed $235,000 GBRMLS
  • 2025-12-22 Price Changed $239,500 AcadianaMLS
  • 2025-12-22 Price Changed $239,500 GBRMLS
  • 2025-08-26 Listed $243,500 GBRMLS
  • 2025-08-26 Listed $243,500 AcadianaMLS
  • 2022-02-28 Sold (Public Records) $225,000 Public Records
  • 2022-02-28 Sold (MLS) GBRMLS
  • 2022-01-30 Listed $225,000 GBRMLS
  • 2022-01-30 Listed $225,000 AcadianaMLS
  • 2019-03-21 Listed $199,900 AcadianaMLS
  • 2019-03-21 Listed $199,900 GBRMLS
  • 2019-03-21 Listed $199,900 GBRMLS
  • 2018-04-13 Sold (Public Records) $175,000 Public Records
  • 2018-04-12 Sold (MLS) GBRMLS
  • 2017-11-03 Listed $187,000 GBRMLS
  • 2017-11-03 Listed $187,000 AcadianaMLS
  • 2017-01-05 Listed $198,000 AcadianaMLS
  • 2017-01-05 Listed $198,000 GBRMLS
  • 2017-01-05 Listed $198,000 GBRMLS
  • 2016-06-29 Listed $198,000 AcadianaMLS
  • 2016-06-29 Listed $198,000 GBRMLS
  • 2016-06-29 Listed $198,000 GBRMLS
  • 2014-12-23 Sold (MLS) GBRMLS
  • 2014-06-24 Listed $191,900 GBRMLS
  • 2014-06-24 Listed $191,900 AcadianaMLS

Property tax history

+2.7%/yr

Latest (2024): $2,471 · +22.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…