🏗️ New Construction
Yucca III B Plan · Sterlington, LA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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).
- Appreciation +10.0/10.0
- Cash flow +9.5/30.0
- ARV discount +7.5/15.0
- Condition / age +4.0/5.0
- Livability +3.5/5.0
- Schools +3.2/10.0
- 1% rule +2.9/10.0
- DSCR +2.7/10.0
- Rent growth +2.5/5.0
$265,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Somerset Park, one of the most exciting new home communities in Northeast Louisiana. Nestled in the thriving city of Sterlington, just north of Monroe, Somerset Park combines small-town charm with modern convenience. This family-friendly neighborhood offers the perfect setting for those looking to enjoy a relaxed lifestyle while staying close to everything the area has to offer. As a trusted new home builder in Louisiana, DSLD Homes is proud to bring thoughtfully designed new construction homes to Somerset Park. With a wide variety of floor plans and home site options, you can find the ideal layout to fit your lifestyle. Whether you prefer a move-in ready home or the opportunity to personalize your space, DSLD Homes has options to meet every stage of life. Sterlington is recognized as the fastest-growing community in Northeast Louisiana, and for good reason. Residents enjoy close proximity to charming boutiques, local restaurants, and everyday conveniences. Just minutes away, Monroe's lively downtown features diverse dining, entertainment, museums, and antique shopping, creating endless opportunities for fun and relaxation. Families choose Somerset Park not only for its location and beautiful homes but also for its highly rated school system. The Sterlington schools are known for excellent academics and a strong variety of extracurricular activities, including football, basketball, baseball, tennis, and fishing. For higher education, the University of Louisiana at Monroe is just a short drive away, providing even more opportunities for students and families. Every DSLD home in Somerset Park is built with quality, comfort, and efficiency in mind. These homes are ENERGY STAR® certified, featuring advanced energy-saving construction such as Low E-3 Windows, Radiant Barrier Roof Decking, superior insulation, High-Efficiency HVAC systems, and Tankless Gas Water Heaters. Stainless steel appliances and thoughtfully designed interiors-such as open flo. ..
Key facts
- Low e-3 windows
- Superior insulation
- 2 garage spots
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.5-bath single-family listed at $266k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-223 ($-3k/yr) — negative.
- The deal already cash-flows at list — no discount required.
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $250k (6.0% below list).
- Recommended offer: $250k (6.0% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 70/100 on livability (#60 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A-; Watch: health & safety D, amenities F, commute F.
- Ouachita Parish (suburban): math 31% / reading 45% proficiency, ranked #26 of 98 in LA (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 189 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 345 units permitted in Ouachita Parish in 2024 (0 in 5+ unit buildings).
Forward outlook
- In year one you build about $34k of equity ($2k loan paydown + $32k appreciation (10.0% local appreciation)).
- By year 2, paydown + projected appreciation supports a ~$55k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 80 days — a 6% lower offer ($250k) is reasonable based on typical stale-listing flexibility.
Questions for the listing agent
- 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?
- It's been on market 80 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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?
- 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?
- 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
- 0.79% ✗
- Cap rate
- 5.45%
- Cash-on-cash
- -3.00%
- DSCR
- 0.87
- GRM
- 10.6
CMA / ARV
- ARV (median comp)
- $318,051
- List price
- $265,990
- Delta
- -16.37%
- 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 |
|---|---|---|---|---|---|---|---|
| 107 Vieux Carre | 0.19mi | 3/2.0 (-1) | 1,800 (-3%) | 8mo | $315,000 | $175 | 72 |
| 211 Barker Dr | 0.48mi | 4/2.0 | 1,838 (-1%) | 2mo | $290,000 | $158 | 72 |
| 301 Southern Grove Rd | 0.15mi | 3/2.0 (-1) | 1,926 (+4%) | 10mo | $280,000 | $145 | 71 |
| 107 Fairhope Dr | 0.05mi | 3/2.0 (-1) | 1,988 (+7%) | 10mo | $275,000 | $138 | 70 |
| 202 Thatcher Ln | 0.55mi | 4/2.0 | 1,863 (+1%) | 3mo | $305,000 | $164 | 69 |
| 304 Southern Grove Rd | 0.13mi | 3/2.0 (-1) | 2,020 (+9%) | 4mo | $289,000 | $143 | 68 |
| 302 Winkler Way | 0.33mi | 4/2.5 | 1,968 (+6%) | 13mo | $322,900 | $164 | 63 |
| 207 Winkler Way | 0.46mi | 3/2.0 (-1) | 1,967 (+6%) | 4mo | $305,000 | $155 | 58 |
| 207 Lynnhaven St | 0.15mi | 3/2.0 (-1) | 1,618 (-13%) | 10mo | $236,000 | $146 | 57 |
| 123 Vieux Carre Pl | 0.26mi | 3/2.0 (-1) | 1,675 (-10%) | 12mo | $325,000 | $194 | 56 |
| 212 Hoover Dr | 0.50mi | 4/2.0 | 1,706 (-8%) | 10mo | $270,000 | $158 | 53 |
| 414 Thatcher Ln | 0.22mi | 5/2.5 (+1) | 2,109 (+14%) | 11mo | $335,000 | $159 | 52 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 22.1%
- Equity multiple
- 2.79×
- Total profit
- $159,055
- Equity at exit
- $286,525
- IRR
- 19.9%
- Equity multiple
- 6.39×
- Total profit
- $479,634
- Equity at exit
- $617,903
Cash invested: $89,054 (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 71280
- Home prices YoY
- 4.1%
- Active inventory
- 189
- Price-to-rent
- 8.9×
Monthly cashflow live
- Estimated rent
- $2,500 medium interval (Pro) →
- Mortgage (P&I)
- −$1,668
- Tax est. 1.5%
- −$398 /mo · $4,771/yr
- Insurance
- −$133
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$525
- Net cashflow
- $-223
Break-even live
Sensitivity live
| Price | -10% $-3 | -5% $-113 | +0% $-223 | +5% $-333 | +10% $-443 |
|---|---|---|---|---|---|
| Rent | -10% $-420 | -5% $-322 | +0% $-223 | +5% $-124 | +10% $-25 |
| Rate | -1.0pp $-63 | -0.5pp $-142 | base $-223 | +0.5pp $-305 | +1.0pp $-389 |
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
- $79,513
- Closing costs
- $9,542
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 115 Lynnhaven St Monroe, LA | 3.0 | 2.0 | 1710 | $2,500 | $1.46 | 45d | 1 | 0.11mi |
Listing history 18 events
-
2026-06-19days on market $265,990 Active 80 DOM
-
2026-06-18days on market $265,990 Active 79 DOM
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2026-06-17days on market $265,990 Active 78 DOM
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2026-06-16days on market $265,990 Active 77 DOM
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2026-06-15days on market $265,990 Active 76 DOM
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2026-06-14days on market $265,990 Active 74 DOM
-
2026-06-13days on market $265,990 Active 73 DOM
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2026-06-10days on market $265,990 Active 71 DOM
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2026-06-09days on market $265,990 Active 70 DOM
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2026-06-08days on market $265,990 Active 69 DOM
-
2026-06-07days on market $265,990 Active 68 DOM
-
2026-06-03days on market $265,990 Active 64 DOM
-
2026-06-02days on market $265,990 Active 63 DOM
-
2026-06-01days on market $265,990 Active 62 DOM
-
2026-05-31days on market $265,990 Active 61 DOM
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2026-05-30days on market $265,990 Active 60 DOM
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2026-04-14price $265,990 1996-char remark
Show marketing remark (1996 chars)
Welcome to Somerset Park, one of the most exciting new home communities in Northeast Louisiana. Nestled in the thriving city of Sterlington, just north of Monroe, Somerset Park combines small-town charm with modern convenience. This family-friendly neighborhood offers the perfect setting for those looking to enjoy a relaxed lifestyle while staying close to everything the area has to offer. As a trusted new home builder in Louisiana, DSLD Homes is proud to bring thoughtfully designed new construction homes to Somerset Park. With a wide variety of floor plans and home site options, you can find the ideal layout to fit your lifestyle. Whether you prefer a move-in ready home or the opportunity to personalize your space, DSLD Homes has options to meet every stage of life. Sterlington is recognized as the fastest-growing community in Northeast Louisiana, and for good reason. Residents enjoy close proximity to charming boutiques, local restaurants, and everyday conveniences. Just minutes away, Monroe's lively downtown features diverse dining, entertainment, museums, and antique shopping, creating endless opportunities for fun and relaxation. Families choose Somerset Park not only for its location and beautiful homes but also for its highly rated school system. The Sterlington schools are known for excellent academics and a strong variety of extracurricular activities, including football, basketball, baseball, tennis, and fishing. For higher education, the University of Louisiana at Monroe is just a short drive away, providing even more opportunities for students and families. Every DSLD home in Somerset Park is built with quality, comfort, and efficiency in mind. These homes are ENERGY STAR® certified, featuring advanced energy-saving construction such as Low E-3 Windows, Radiant Barrier Roof Decking, superior insulation, High-Efficiency HVAC systems, and Tankless Gas Water Heaters. Stainless steel appliances and thoughtfully designed interiors-such as open flo. ..
-
2026-03-31$263,990 Active 1996-char remark
Show marketing remark (1996 chars)
Welcome to Somerset Park, one of the most exciting new home communities in Northeast Louisiana. Nestled in the thriving city of Sterlington, just north of Monroe, Somerset Park combines small-town charm with modern convenience. This family-friendly neighborhood offers the perfect setting for those looking to enjoy a relaxed lifestyle while staying close to everything the area has to offer. As a trusted new home builder in Louisiana, DSLD Homes is proud to bring thoughtfully designed new construction homes to Somerset Park. With a wide variety of floor plans and home site options, you can find the ideal layout to fit your lifestyle. Whether you prefer a move-in ready home or the opportunity to personalize your space, DSLD Homes has options to meet every stage of life. Sterlington is recognized as the fastest-growing community in Northeast Louisiana, and for good reason. Residents enjoy close proximity to charming boutiques, local restaurants, and everyday conveniences. Just minutes away, Monroe's lively downtown features diverse dining, entertainment, museums, and antique shopping, creating endless opportunities for fun and relaxation. Families choose Somerset Park not only for its location and beautiful homes but also for its highly rated school system. The Sterlington schools are known for excellent academics and a strong variety of extracurricular activities, including football, basketball, baseball, tennis, and fishing. For higher education, the University of Louisiana at Monroe is just a short drive away, providing even more opportunities for students and families. Every DSLD home in Somerset Park is built with quality, comfort, and efficiency in mind. These homes are ENERGY STAR® certified, featuring advanced energy-saving construction such as Low E-3 Windows, Radiant Barrier Roof Decking, superior insulation, High-Efficiency HVAC systems, and Tankless Gas Water Heaters. Stainless steel appliances and thoughtfully designed interiors-such as open flo. ..
ⓘ 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
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Taxation est. · year 1
- Rental income
- $30,000
- − Mortgage interest
- −$17,816
- − Property taxes
- −$4,771
- − Insurance
- −$1,590
- − Repairs & maintenance
- −$2,400
- − Management
- −$2,400
- − Depreciation
- −$9,252
- Taxable loss
- −$8,229
- Est. tax savings @ 24.0%
- +$1,975
- After-tax cash flow
- $-701/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 home is in excellent condition with no visible repairs needed. It offers a good investment opportunity with potential for both resale and rental value through minor updates and improvements.
Value-add opportunities
- Both Painting the exterior and interior — Fresh paint can enhance curb appeal and interior aesthetics.
- Both Landscaping improvements — Well-maintained landscaping can increase curb appeal and property value.
- Both Kitchen and bathroom updates — Updating these spaces can attract more buyers and renters.
- Both HVAC and mechanical system maintenance — A well-maintained HVAC system can improve comfort and reduce energy costs.
- Both Flooring replacement — Replacing worn-out flooring can improve the overall look and feel of the home.
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior and interior — Fresh paint can enhance curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — Well-maintained landscaping can increase curb appeal and property value. ↑
- Both Kitchen and bathroom updates — Updating these spaces can attract more buyers and renters. ↑
- Both HVAC and mechanical system maintenance — A well-maintained HVAC system can improve comfort and reduce energy costs. ↑
- Both Flooring replacement — Replacing worn-out flooring can improve the overall look and feel of the home. ↑
ⓘ 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
- Ouachita Parish
- NCES district ID
- 2201200
- Math proficiency
- 31% ▼ -38.00%
- Reading proficiency
- 45% ▼ -31.00%
- Median HH income
- $43,316
- Composite
- 32.14/100
- National rank
- #5791
- State rank
- #26 of 98 in LA
Livability — Sterlington
- Score
- 70/100
- State rank
- #60
- US rank
- #7741
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Population (ZIP)
- 4,999
Population outlook (Ouachita County) Hauer SSP2
- Today (2025)
- 163,370 people
- By 2030
- 165,520 · +1.3%
- By 2040
- 167,652 · +2.6%
- By 2050
- 166,699 · +2.0%
- By 2075
- 156,348 · -4.3%
- By 2100
- 134,102 · -17.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Black 21% Hispanic / Latino 4%
- Common ancestry
- Lithuanian 4% Iranian 2% Danish 1%
- Foreign-born
- 3% · Canada, Jamaica
- Languages at home
- 98% English-only · Spanish 2%
Political lean MEDSL · Ouachita
- 2024 margin
- Strong R (+27.9) · D 35.5% · R 63.3% · Other 1.2%
- 2008→2024 swing
- -2.7pp toward R · 2008: -25.2pp · 2024: -27.9pp
- All cycles
- 2024: R+27.9 2020: R+23.6 2016: R+25.4 2012: R+20.9 2008: R+25.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 11.14%
- Current HPI
- 283.4492
- 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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Price history
+0.8% since first listed2 events — show timeline
- 2026-04-14 Price Changed $265,990 Zillow
- 2026-03-31 Listed $263,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…