🏗️ New Construction
139 Briar Ct · Sulphur, LA
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.13%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- DSCR +10.0/10.0
- 1% rule +9.7/10.0
- ARV discount +7.5/15.0
- Condition / age +5.0/5.0
- Livability +3.6/5.0
- Schools +3.1/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$239,417
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Brand NEW Construction built by DSLD HOMES in Belle Savanne! The Woodford II G offers a 4 bedroom 2 full bathroom open floor plan! This home includes an upgraded cabinet package, quartz counters luxury vinyl plank flooring added in bedrooms, stainless appliances, backsplash, framed bathroom mirrors & more. Special features include luxury vinyl plank flooring in great room and all wet areas, post tension slab, tankless gas water heater, low E tilt-in windows and more! The Belle Savanne community offers plenty of room for walking, biking, and outdoor activities with three beautiful ponds and a community playground.
Key facts
- 9,754 sq ft lot
- 2 garage spots
- Built 2026
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $239k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $969 ($12k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $239k).
- Cap rate 11.8% vs local median 8.8% in Sulphur — 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 71/100 on livability (#48 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: crime D-, 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.
- Zoned schools: W. T. Henning Elementary School (math 27% / reading 37%, grade F, #307 of 646 statewide, top 49%, 397 students, 56% FRL); W. W. Lewis Middle School (math 33% / reading 48%, grade F, #62 of 218 statewide, top 29%, 777 students, 49% FRL); Sulphur High School (math 36% / reading 53%, grade F, #58 of 265 statewide, top 23%, 2,043 students, 47% FRL) — zoned schools at 51% FRL track the district average.
- Market conditions: 236 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; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).
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.
- 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 + 3.0% rent growth), your $59k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- Crime grade is D 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?
- 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
- 1.47% ✓
- Cap rate
- 11.83%
- Cash-on-cash
- 19.77%
- DSCR
- 1.88
- GRM
- 5.7
CMA / ARV
- ARV (on-the-fly)
- $210,112
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 109 Briar Ct | 0.11mi | 3/2.0 (-1) | 1,642 (+5%) | 7mo | $212,500 | $129 | 76 |
| 277 Paisley Pkwy | 0.35mi | 3/2.0 (-1) | 1,616 (+3%) | 2mo | $214,000 | $132 | 72 |
| 148 Orchard Ln | 0.28mi | 3/2.0 (-1) | 1,514 (-3%) | 7mo | $207,000 | $137 | 71 |
| 235 Aston Ln | 0.36mi | 3/2.0 (-1) | 1,563 (-0%) | 10mo | $214,000 | $137 | 69 |
| 305 Paisley Pkwy | 0.40mi | 3/2.0 (-1) | 1,618 (+3%) | 4mo | $217,000 | $134 | 67 |
| 248 Long Hill Dr Dr | 0.17mi | 3/2.0 (-1) | 1,698 (+8%) | 7mo | $205,000 | $121 | 67 |
| 337 Madison Xing | 0.34mi | 3/2.0 (-1) | 1,452 (-7%) | 8mo | $208,000 | $143 | 60 |
| 224 Pipers Ln | 0.47mi | 3/2.0 (-1) | 1,641 (+5%) | 12mo | $233,900 | $143 | 55 |
| 308 Paisley Pkwy | 0.40mi | 3/2.0 (-1) | 1,755 (+12%) | 3mo | $233,000 | $133 | 54 |
| 216 Pipers Ln | 0.46mi | 3/2.0 (-1) | 1,738 (+11%) | 3mo | $240,000 | $138 | 53 |
| 344 Madison Crossing Dr | 0.37mi | 3/2.0 (-1) | 1,710 (+9%) | 12mo | $219,500 | $128 | 52 |
| 544 Patton St | 0.70mi | 3/2.0 (-1) | 1,400 (-11%) | 1mo | $115,000 | $82 | 44 |
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
- 11.9%
- Equity multiple
- 1.47×
- Total profit
- $27,759
- Equity at exit
- $31,328
- IRR
- 20.9%
- Equity multiple
- 2.77×
- Total profit
- $103,930
- Equity at exit
- $18,167
Cash invested: $58,831 (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 70665
- Active inventory
- 236
- Price-to-rent
- 6.4×
Monthly cashflow live
- Estimated rent
- $3,097 medium interval (Pro) →
- Mortgage (P&I)
- −$1,102
- Tax est. 1.5%
- −$263 /mo · $3,152/yr
- Insurance
- −$88
- HOA
- −$25
- Vacancy / Maint / Mgmt
- −$650
- Net cashflow
- $969
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
- $52,528
- Closing costs
- $6,303
- 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 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1000 E Carlyss Blvd Sulphur, LA | 1.0–3.0 | 1.0–2.0 | 966 | $2,296 | $2.38 | 13d | 10 | 0.24mi |
| 293 Sawyer Dr Sulphur, LA | 4.0 | 2.0 | 2079 | $4,400 | $2.12 | 43d | 1 | 0.37mi |
| 1141 Mosswood Dr Sulphur, LA | 2.0–3.0 | 2.0–3.5 | 1332 | $2,195 | $1.65 | 43d | 1 | 1.42mi |
HOA detail
- Monthly dues
- $25 · $300/yr
- Likely covers
- watergas
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 13% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $37,162
- − Mortgage interest
- −$11,770
- − Property taxes
- −$3,152
- − Insurance
- −$1,051
- − Repairs & maintenance
- −$2,973
- − Management
- −$2,973
- − HOA
- −$300
- − Depreciation
- −$6,112
- Taxable income
- $8,832
- Est. tax owed @ 24.0%
- −$2,120
- After-tax cash flow
- $9,514/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 · 2 photos
This brand-new construction home is in excellent condition with no visible repairs or maintenance needed. It offers a good ROI with potential for further improvements to enhance its resale and rental value.
Value-add opportunities
- Both Landscaping and curb appeal improvements — Enhancing the landscaping and curb appeal can increase both the resale and rental value of the property.
- Both Interior updates — Updating the interior can improve the home's appeal and functionality, increasing both resale and rental value.
- Both Exterior updates — Updating the exterior can improve the home's curb appeal and overall aesthetic, increasing both resale and rental value.
Renovation cost estimate screening
Value-add ROI direction
- Both Landscaping and curb appeal improvements — Enhancing the landscaping and curb appeal can increase both the resale and rental value of the property. ↑
- Both Interior updates — Updating the interior can improve the home's appeal and functionality, increasing both resale and rental value. ↑
- Both Exterior updates — Updating the exterior can improve the home's curb appeal and overall aesthetic, increasing both resale and rental value. ↑
ⓘ 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
- 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 — Sulphur
- Score
- 71/100
- State rank
- #48
- US rank
- #7164
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sulphur, LA
- City population
- 27,799
- Population (ZIP)
- 12,891
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 (87%)
- Race & ethnicity
- White 87% Hispanic / Latino 6% Two or more races 4% Black 3%
- Hispanic origin (detail)
- Mexican 4%
- Common ancestry
- Lithuanian 8% Italian 3% Slovak 2%
- Foreign-born
- 3% · Canada
- Languages at home
- 92% English-only · Spanish 6% French/Haitian/Cajun 1% Other Indo-European 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
- ▼ -91.65%
- Current HPI
- 99.2379
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 3.29%
- F500 in state
- 10
Industry mix (Fortune 500 HQ in LA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Telecommunications | 2 | $23B |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…