5710 Adair Dr · Prien, LA 70605

$220,000

3 bd · 2.0 ba · 1,747 sqft · SingleFamily · 22 Days on market

Built 1997 10,000 sqft lot Est $238k · 7% 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 +29.2/30.0
• ARV discount +10.8/15.0
• DSCR +10.0/10.0
• 1% rule +7.1/10.0
• Rent growth +5.0/5.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to South Lake Charles, conveniently located just off Lake Street! This beautiful brick 3-bedroom, 2-bath home features an open split floor plan designed for comfortable living and entertaining. Step inside to a spacious living room with built-in shelving, a cozy fireplace, and French doors leading to the fenced backyard and covered back porch. The dining area flows seamlessly from the living space into the open kitchen, which offers freshly painted cabinets and ample storage. Two guest bedrooms have been freshly painted and feature generously sized closets. The primary suite is also freshly painted and boasts a tray ceiling, while the ensuite bath includes a separate tub and shower,

Key facts

• Cozy fireplace
• Built-in shelving
• Fenced backyard

Tags

• OPEN SPLIT FLOOR PLAN
• BUILT-IN SHELVING
• COZY FIREPLACE
• FENCED BACKYARD
• COVERED BACK PORCH
• FRESHLY PAINTED CABINETS

Property features AI

Exterior

• Parking: Attached or detached 2-car garage
• Utilities: Public water; Public sewer; Electricity connected
• Home design: Single-family house; One-story
• Construction: Built as a house (structure type: house)
• Exterior features: Privacy fencing; Shingle roof; No pool

Interior

• Kitchen: Built-in range; Dishwasher
• Bedrooms: 3 bedrooms on the main level
• Bathrooms: 2 full bathrooms (main level)
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Ceiling fans; Kitchen island; Laminate countertops; Open floor plan; Wood-burning fireplace
• Laundry & utility: Inside laundry room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $764 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $220k).
• Recommended offer: $217k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.5% vs local median 4.7% in Prien — 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 64/100 on livability (#174 in LA) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: schools F, amenities F, commute F.
• Calcasieu Parish (other): math 30% / reading 44% proficiency, ranked #29 of 98 in LA (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+15.1%/yr); 456 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).
• This rent runs 37% of the median local income ($86k/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.
• Calcasieu County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $62k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 22 days — a 2% lower offer ($217k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $216,700 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
3. 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.
4. 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.
5. 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: 1.21% ✓
• Cap rate: 10.46%
• Cash-on-cash: 14.88%
• DSCR: 1.66
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $237,592
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5702 Stonehaven Ln	0.06mi	3/2.0	1,777 (+2%)	13mo	$225,000	$127	84
1077 Spanish Mission Trl	0.28mi	3/2.0	1,750 (+0%)	13mo	$210,000	$120	76
906 Aberdeen Dr	0.11mi	3/2.0	1,600 (-8%)	9mo	$214,000	$134	73
5710 Stonehaven Ln	0.05mi	3/2.0	1,624 (-7%)	20mo	$220,000	$135	69
5704 Stonehaven Ln	0.05mi	3/2.0	1,504 (-14%)	15mo	$205,000	$136	62
1094 Spanish Mission Trl	0.31mi	3/2.0	1,524 (-13%)	9mo	$200,000	$131	57
5737 E Dietrich Loop	0.60mi	3/2.0	1,824 (+4%)	14mo	$273,500	$150	53
820 Lakeridge Ln	0.72mi	3/2.0	1,890 (+8%)	6mo	$245,000	$130	48
5727 W Dietrich Loop W	0.65mi	3/2.0	1,824 (+4%)	19mo	$266,000	$146	46
614 Lionel Ln	0.54mi	3/2.0	1,856 (+6%)	23mo	$295,000	$159	45
729 Dianne Ln	0.61mi	3/2.0	1,959 (+12%)	12mo	$315,000	$161	41
5712 W Dietrich Loop W	0.69mi	2/2.0 (-1)	1,639 (-6%)	20mo	$235,000	$143	36

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 10.5%
• Equity multiple: 1.44×
• Total profit: $27,025
• Equity at exit: $32,803

10-year hold

• IRR: 23.1%
• Equity multiple: 3.44×
• Total profit: $150,069
• Equity at exit: $19,022

Cash invested: $61,600 (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 70605

• Rents YoY: 15.1%
• Active inventory: 456
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $2,668 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$99 /mo · $1,185/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$560
• Net cashflow: $764

Break-even live

Break-even rent $1,701

Max offer price $220,000

Occupancy floor 66%

Sensitivity live

Price	-10% $888	-5% $826	+0% $764	+5% $701	+10% $639
Rent	-10% $553	-5% $658	+0% $764	+5% $869	+10% $975
Rate	-1.0pp $875	-0.5pp $820	base $764	+0.5pp $707	+1.0pp $649

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: $55,000
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
716 Dianne Ln Lake Charles, LA	3.0	2.0	2200	$5,000	$2.27	44d	1	0.60mi
155 Heather St Lake Charles, LA	3.0	2.0	1316	$1,650	$1.25	14d	1	0.81mi
801 Sundale Dr Lake Charles, LA	3.0	1.0	1144	$1,195	$1.04	44d	1	1.09mi

Listing history 17 events

1. 2026-06-19
   days on market $220,000 Active 22 DOM
2. 2026-06-18
   days on market $220,000 Active 21 DOM
3. 2026-06-17
   days on market $220,000 Active 20 DOM
4. 2026-06-16
   days on market $220,000 Active 19 DOM
5. 2026-06-15
   days on market $220,000 Active 18 DOM
6. 2026-06-14
   days on market $220,000 Active 16 DOM
7. 2026-06-13
   days on market $220,000 Active 15 DOM
8. 2026-06-10
   days on market $220,000 Active 13 DOM
9. 2026-06-09
   days on market $220,000 Active 12 DOM
10. 2026-06-08
    days on market $220,000 Active 11 DOM
11. 2026-06-07
    days on market $220,000 Active 10 DOM
12. 2026-06-05
    days on market $220,000 Active 7 DOM
13. 2026-06-02
    days on market $220,000 Active 5 DOM
14. 2026-06-01
    days on market $220,000 Active 4 DOM
15. 2026-05-31
    days on market $220,000 Active 3 DOM
16. 2026-05-30
    days on market $220,000 Active 2 DOM
17. 2026-05-28
    listed $220,000 Active

ⓘ 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: $1,185 · $99/mo
• Projected year-2 tax: $1,210 · $101/mo
• Expected delta: +$25/yr (+$2/mo · 2.1%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 51% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 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: $32,018
• − Mortgage interest: −$12,323
• − Property taxes: −$1,185
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,561
• − Management: −$2,561
• − Depreciation: −$6,400
• Taxable income: $5,887
• Est. tax owed @ 24.0%: −$1,413
• After-tax cash flow: $7,752/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: Calcasieu Parish
• NCES district ID: 2200330
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 44% ▼ -33.00%
• Median HH income: $44,700
• Composite: 31.45/100
• National rank: #5979
• State rank: #29 of 98 in LA

Livability — Prien

• Score: 64/100
• State rank: #174
• US rank: #14370

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Calcasieu Parish · 170,889 people
• Metro: Lake Charles, LA
• Population (ZIP): 40,482
• Household income: $86,015
• Rent vs Own: 27.7% rent · 72.3% own
• Severe rent burden: 1328.0

Population outlook (Calcasieu County) Hauer SSP2

• Today (2025): 212,179 people
• By 2030: 218,199 · +2.8%
• By 2040: 228,486 · +7.7%
• By 2050: 236,208 · +11.3%
• By 2075: 251,696 · +18.6%
• By 2100: 247,848 · +16.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Black 10% Hispanic / Latino 6% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 2%
• Common ancestry: Lithuanian 12% Italian 3% Slovak 2%
• Foreign-born: 6% · Canada, Jamaica
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 2% Other Asian/Pacific 1%

Political lean MEDSL · Calcasieu

• 2024 margin: Solid R (+39.6) · D 29.5% · R 69.0% · Other 1.5%
• 2008→2024 swing: -15.0pp toward R · 2008: -24.6pp · 2024: -39.6pp
• All cycles: 2024: R+39.6 2020: R+35.2 2016: R+33.3 2012: R+28.7 2008: R+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -102.68%
• Current HPI: 105.1903
• Rent YoY: ▲ 15.10%
• Metro: Lake Charles, 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

1 event — show timeline

• 2026-05-28 Listed $220,000 SWLAR

Property tax history

+0.5%/yr

Latest (2025): $1,185 · +2.2% YoY. Source: county tax records.