142 Kohen Luke Dr · Scott, LA 70506

$245,000

3 bd · 2.0 ba · 1,650 sqft · SingleFamily public records · 163 Days on market

Built 2014 8,712 sqft lot $148/sqft · 9% below area Est $269k · 9% under $21/mo HOA · 1% of rent

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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 +15.1/30.0
• ARV discount +11.5/15.0
• DSCR +4.6/10.0
• Schools +3.6/10.0
• Rent growth +3.5/5.0
• 1% rule +3.4/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 142 Kohen Luke Drive, a well kept 3 bedroom 2 bath home offering 1,642 sq ft of comfortable and easy living in a great location.From the moment you pull up, you are greeted by a classic exterior and a brand new fence that gives the backyard the privacy everyone wants. Inside, the home features an open layout with a spacious living area, crown molding, and a gas fireplace that adds warmth and charm.The kitchen and dining spaces flow naturally, making everyday living and entertaining feel effortless. All three bedrooms are generously sized, and the primary suite offers an inviting retreat with its own ensuite bath.Step outside and enjoy a large fenced yard with plenty of room for kids, pets, gardening, or future outdoor projects. With its well maintained condition, functional layout, and welcoming feel, this home is an easy yes for anyone looking for a move in ready space.This home may qualify for 100% Rural Development financing. Schedule your appointment today.

Key facts

• Large fenced yard
• Classic exterior
• Brand new fence

Tags

• CLASSIC EXTERIOR
• BRAND NEW FENCE
• OPEN LAYOUT
• GAS FIREPLACE
• LARGE FENCED YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $80 ($959/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $206k (15.8% below list).
• Recommended offer: $206k (15.8% below list) — sets the bar for 1% rule.
• Cap rate 6.7% 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+, schools 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.
• Market conditions: Rents rising fast (+4.1%/yr); 404 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 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).
• This rent runs 43% of the median local income ($57k/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.
• Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 163 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 12y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $180k; 36% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $206,254 (15.8% below list)

Questions for the listing agent

1. It's been on market 163 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 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?
6. 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?
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: 0.84% ✗
• Cap rate: 6.68%
• Cash-on-cash: 1.40%
• DSCR: 1.06
• GRM: 9.9

CMA / ARV

• ARV (median comp): $269,021
• List price: $245,000
• Delta: -8.93%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Kohen Luke Dr	0.17mi	3/2.0	1,768 (+7%)	6mo	$190,500	$108	75
117 Larry St	0.28mi	3/2.0	1,800 (+9%)	0mo	$175,000	$97	72
104 Breckenridge Loop	0.48mi	3/2.0	1,544 (-6%)	3mo	$212,500	$138	65
203 Long Creek Ln	0.61mi	3/2.0	1,639 (-1%)	8mo	$286,400	$175	64
202 Long Creek Ln	0.61mi	3/2.0	1,615 (-2%)	7mo	$275,000	$170	62
206 Long Creek Ln	0.61mi	3/2.0	1,684 (+2%)	7mo	$285,500	$170	62
102 Mustang St	0.36mi	4/2.0 (+1)	1,500 (-9%)	2mo	$192,500	$128	61
205 Long Creek Ln	0.61mi	3/2.0	1,719 (+4%)	7mo	$288,700	$168	59
126 Crooked Pine Ln	0.61mi	3/2.0	1,519 (-8%)	6mo	$303,000	$199	53
204 Long Creek Ln	0.61mi	3/2.0	1,519 (-8%)	7mo	$269,999	$178	52
149 Fremont Dr	0.43mi	3/2.0	1,420 (-14%)	6mo	$176,000	$124	51
208 Long Creek Ln	0.61mi	4/2.0 (+1)	1,873 (+14%)	1mo	$289,999	$155	43

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 · 4.12% rent growth · sell at horizon

5-year hold

• IRR: -12.9%
• Equity multiple: 0.53×
• Total profit: $-32,317
• Equity at exit: $36,530

10-year hold

• IRR: -2.5%
• Equity multiple: 0.83×
• Total profit: $-11,951
• Equity at exit: $21,183

Cash invested: $68,600 (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 70506

• Home prices YoY: -34.8%
• Rents YoY: 4.1%
• Active inventory: 404
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,063 high
• Mortgage (P&I): −$1,285
• Tax from tax record: −$142 /mo · $1,699/yr
• Insurance: −$102
• HOA: −$21
• Vacancy / Maint / Mgmt: −$433
• Net cashflow: $80

Break-even live

Break-even rent $1,961

Max offer price $245,000

Occupancy floor 91%

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
401 Pinto St Lafayette, LA	3.0	2.0	1601	$2,300	$1.44	44d	1	0.17mi
1313 Apollo Rd Scott, LA	1.0–3.0	1.0–2.0	1100	$2,000	$1.82	13d	10	1.19mi
108 Appleoak Ave Unit B Lafayette, LA	2.0	2.5	1348	$1,495	$1.11	44d	1	1.35mi
315 Sandstone Ave #202 Scott, LA	2.0	2.5	1193	$1,895	$1.59	13d	1	1.47mi
128 Oak Village Dr Scott, LA	3.0	2.0	1445	$2,450	$1.70	13d	1	1.49mi

HOA detail

• Monthly dues: $21 · $252/yr
• Likely covers: gas

Listing history 5 events

1. 2026-05-17
   status Pending 986-char remark

   Show marketing remark (986 chars)

   Welcome to 142 Kohen Luke Drive, a well kept 3 bedroom 2 bath home offering 1,642 sq ft of comfortable and easy living in a great location.From the moment you pull up, you are greeted by a classic exterior and a brand new fence that gives the backyard the privacy everyone wants. Inside, the home features an open layout with a spacious living area, crown molding, and a gas fireplace that adds warmth and charm.The kitchen and dining spaces flow naturally, making everyday living and entertaining feel effortless. All three bedrooms are generously sized, and the primary suite offers an inviting retreat with its own ensuite bath.Step outside and enjoy a large fenced yard with plenty of room for kids, pets, gardening, or future outdoor projects. With its well maintained condition, functional layout, and welcoming feel, this home is an easy yes for anyone looking for a move in ready space.This home may qualify for 100% Rural Development financing. Schedule your appointment today.

2. 2026-02-04
   price $245,000 986-char remark

   Show marketing remark (986 chars)

   Welcome to 142 Kohen Luke Drive, a well kept 3 bedroom 2 bath home offering 1,642 sq ft of comfortable and easy living in a great location.From the moment you pull up, you are greeted by a classic exterior and a brand new fence that gives the backyard the privacy everyone wants. Inside, the home features an open layout with a spacious living area, crown molding, and a gas fireplace that adds warmth and charm.The kitchen and dining spaces flow naturally, making everyday living and entertaining feel effortless. All three bedrooms are generously sized, and the primary suite offers an inviting retreat with its own ensuite bath.Step outside and enjoy a large fenced yard with plenty of room for kids, pets, gardening, or future outdoor projects. With its well maintained condition, functional layout, and welcoming feel, this home is an easy yes for anyone looking for a move in ready space.This home may qualify for 100% Rural Development financing. Schedule your appointment today.

3. 2025-12-05
   listed $260,000 Active 986-char remark

   Show marketing remark (986 chars)

   Welcome to 142 Kohen Luke Drive, a well kept 3 bedroom 2 bath home offering 1,642 sq ft of comfortable and easy living in a great location.From the moment you pull up, you are greeted by a classic exterior and a brand new fence that gives the backyard the privacy everyone wants. Inside, the home features an open layout with a spacious living area, crown molding, and a gas fireplace that adds warmth and charm.The kitchen and dining spaces flow naturally, making everyday living and entertaining feel effortless. All three bedrooms are generously sized, and the primary suite offers an inviting retreat with its own ensuite bath.Step outside and enjoy a large fenced yard with plenty of room for kids, pets, gardening, or future outdoor projects. With its well maintained condition, functional layout, and welcoming feel, this home is an easy yes for anyone looking for a move in ready space.This home may qualify for 100% Rural Development financing. Schedule your appointment today.

4. 2014-05-30
   soldstatus $179,900 887-char remark

   Show marketing remark (887 chars)

   *** SOLD BEFORE LISTED *** BRAND NEW CONSTRUCTION AND ENERGY SMART HOME!!! DSLD HOMES' FREESIA III A PLAN OFFERS A SPACIOUS 3 BEDROOM 2 FULL BATH OPEN AND FLOORPLAN. SPECIAL FEATURES INCLUDE: WOOD FLOORING IN LIVING ROOM, BEAUTIFUL BIRCH CABINETS, CERAMIC TILE FLOORING IN WET AREAS, 3 CM SLAB GRANITE COUNTER TOPS IN KITCHEN AND BATHROOMS, UNDERMOUNT SINKS, JETTED TUB AND SEPARATE SHOWER IN MASTER BATHROOM, OIL RUBBED BRONZE SHOWER DOOR, STAINLESS STEEL APPLIANCES TO INCLUDE: MICRO-HOOD, RANGE/OVEN AND DISHWASHER, RECESSED LIGHTING IN KITCHEN, CROWN MOULDING, GAS FIREPLACE, ARCHITECTURAL SHINGLES, RADIANT BARRIER DECKING IN ATTIC, TANKLESS GAS WATER HEATER, HIGH EFFICIENCY LENNOX HVAC AND CENTRAL GAS HEATING SYSTEM, LOW E-3 DOUBLE INSULATED WINDOWS, BIB INSULATION IN WALLS, FIBERGLASS LOOS E FILL INSULATION IN ATTIC , FULL SOD, POST TENSION SLAB AND MUCH MORE. COMPLETION: TBD

5. 2014-01-20
   listed $179,900 887-char remark

   Show marketing remark (887 chars)

   *** SOLD BEFORE LISTED *** BRAND NEW CONSTRUCTION AND ENERGY SMART HOME!!! DSLD HOMES' FREESIA III A PLAN OFFERS A SPACIOUS 3 BEDROOM 2 FULL BATH OPEN AND FLOORPLAN. SPECIAL FEATURES INCLUDE: WOOD FLOORING IN LIVING ROOM, BEAUTIFUL BIRCH CABINETS, CERAMIC TILE FLOORING IN WET AREAS, 3 CM SLAB GRANITE COUNTER TOPS IN KITCHEN AND BATHROOMS, UNDERMOUNT SINKS, JETTED TUB AND SEPARATE SHOWER IN MASTER BATHROOM, OIL RUBBED BRONZE SHOWER DOOR, STAINLESS STEEL APPLIANCES TO INCLUDE: MICRO-HOOD, RANGE/OVEN AND DISHWASHER, RECESSED LIGHTING IN KITCHEN, CROWN MOULDING, GAS FIREPLACE, ARCHITECTURAL SHINGLES, RADIANT BARRIER DECKING IN ATTIC, TANKLESS GAS WATER HEATER, HIGH EFFICIENCY LENNOX HVAC AND CENTRAL GAS HEATING SYSTEM, LOW E-3 DOUBLE INSULATED WINDOWS, BIB INSULATION IN WALLS, FIBERGLASS LOOS E FILL INSULATION IN ATTIC , FULL SOD, POST TENSION SLAB AND MUCH MORE. COMPLETION: TBD

ⓘ 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: $1,699 · $142/mo
• Projected year-2 tax: $1,699 · $142/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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

Taxation est. · year 1

• Rental income: $24,750
• − Mortgage interest: −$13,724
• − Property taxes: −$1,699
• − Insurance: −$1,225
• − Repairs & maintenance: −$1,980
• − Management: −$1,980
• − HOA: −$252
• − Depreciation: −$7,127
• Taxable loss: −$3,237
• Est. tax savings @ 24.0%: +$777
• After-tax cash flow: $1,736/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: 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
• County: Lafayette Parish · 207,544 people
• City population: 8,670
• Metro: Lafayette, LA
• Population (ZIP): 42,318
• Household income: $57,379
• Rent vs Own: 50.4% rent · 49.6% own
• Severe rent burden: 2095.0

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: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 60% Black 20% Hispanic / Latino 13% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 18% Armenian 1% Slovak 1%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 9% French/Haitian/Cajun 3% Vietnamese 1%

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: ▼ -75.28%
• Current HPI: 140.8445
• Rent YoY: ▲ 4.12%
• 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

+36.2% since first listed

5 events — show timeline

• 2026-05-17 Pending — AcadianaMLS
• 2026-02-04 Price Changed $245,000 AcadianaMLS
• 2025-12-05 Listed $260,000 AcadianaMLS
• 2014-05-30 Sold (MLS) $179,900 AcadianaMLS
• 2014-01-20 Listed $179,900 AcadianaMLS

Property tax history

+9.7%/yr

Latest (2025): $1,699 · -1.3% YoY. Source: county tax records.