107 W 211th St · Galliano, LA 70354

$24,900

3 bd · 1.0 ba · 900 sqft · Other public records · 70 Days on market

Built 1957 $28/sqft · 34% below area Est $40k · 38% under ↓ 17% since listing

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Why this score? — see what drove the A- 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +5.9/10.0
• Schools +3.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

**Price Improvement** Charming classic wood-frame cottage full of potential! Built approximately 60 years ago, this property offers a wonderful opportunity for buyers looking to add their own personal touch and updates. Inside, you'll find a spacious kitchen with abundant cabinet storage for cooking, entertaining, or future customization. The layout provides a solid foundation for comfortable living, with plenty of room to make it your own. Outside, the partially fenced yard offers space for pets, gardening, or relaxing outdoors, while the attached carport adds convenient covered parking. Situated in a convenient location, this home combines practicality with opportunity. Whether you're an investor or a homeowner ready to create your dream space, this property is full of possibilities--come see the potential for yourself! All offers must be submitted by the buyer's agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer's agent upon consummation of a sale. Offer link to property: http://mandtreo.com/?c=DWPJ

Key facts

• Attached carport
• Spacious kitchen
• Wood-frame cottage

Tags

• WOOD-FRAME COTTAGE
• SPACIOUS KITCHEN
• ABUNDANT CABINET STORAGE
• PARTIALLY FENCED YARD
• ATTACHED CARPORT
• CONVENIENT LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $25k.

Deal economics

• At list price, monthly cash flow is $105 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($947 rent vs $25k).
• Recommended offer: $23k (6.0% below list) — sets the bar for market timing.
• Cap rate 31.9% vs local median 2.4% in Galliano — 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 68/100 on livability (#96 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: crime D-, amenities F, commute 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: 40 active listings in the ZIP; 319 units permitted in Lafourche Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $609 of equity ($172 loan paydown + $437 appreciation (1.8% local appreciation)).
• At projected returns (1.8% appreciation + 3.0% rent growth), your $7k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($23k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts; this cycle's ask has dropped $5k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.6% of price; flood insurance adds $427/mo; built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $23,406 (6.0% below list)

Questions for the listing agent

1. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 3.81% ✓
• Cap rate: 31.93%
• Cash-on-cash: 91.55%
• DSCR: 5.07
• GRM: 2.2

CMA / ARV

• ARV (median comp): $39,965
• List price: $24,900
• Delta: -37.70%
• Verdict: UNDERPRICED
• Comps: 5 within 1.0 mi

Projected returns pro-forma

1.76% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 22.5%
• Equity multiple: 2.21×
• Total profit: $8,414
• Equity at exit: $9,494

10-year hold

• IRR: 25.1%
• Equity multiple: 4.31×
• Total profit: $23,066
• Equity at exit: $13,425

Cash invested: $6,972 (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 70354

• Home prices YoY: 3.4%
• Active inventory: 40
• Price-to-rent: 2.2×

Monthly cashflow live

• Estimated rent: $947 medium
• Mortgage (P&I): −$131
• Tax from tax record: −$76 /mo · $907/yr
• Insurance: −$10
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$199
• Net cashflow: $105

Break-even live

Break-even rent $814

Max offer price $24,900

Occupancy floor 84%

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: $6,225
• Closing costs: $747
• Reserves months: —
• Total cash needed: —

Listing history 10 events

1. 2026-04-23
   price $24,900 1093-char remark

   Show marketing remark (1131 chars)

   * * Price Improvement * * Charming classic wood-frame cottage full of potential! Built approximately 60 years ago, this property offers a wonderful opportunity for buyers looking to add their own personal touch and updates. Inside, you’ll find a spacious kitchen with abundant cabinet storage for cooking, entertaining, or future customization. The layout provides a solid foundation for comfortable living, with plenty of room to make it your own. Outside, the partially fenced yard offers space for pets, gardening, or relaxing outdoors, while the attached carport adds convenient covered parking. Situated in a convenient location, this home combines practicality with opportunity. Whether you’re an investor or a homeowner ready to create your dream space, this property is full of possibilities—come see the potential for yourself! All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Offer link to property: http://mandtreo.com/?c=DWPJ

2. 2026-04-23
   price $24,900 1131-char remark

   Show marketing remark (1131 chars)

   * * Price Improvement * * Charming classic wood-frame cottage full of potential! Built approximately 60 years ago, this property offers a wonderful opportunity for buyers looking to add their own personal touch and updates. Inside, you’ll find a spacious kitchen with abundant cabinet storage for cooking, entertaining, or future customization. The layout provides a solid foundation for comfortable living, with plenty of room to make it your own. Outside, the partially fenced yard offers space for pets, gardening, or relaxing outdoors, while the attached carport adds convenient covered parking. Situated in a convenient location, this home combines practicality with opportunity. Whether you’re an investor or a homeowner ready to create your dream space, this property is full of possibilities—come see the potential for yourself! All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Offer link to property: http://mandtreo.com/?c=DWPJ

3. 2026-03-13
   listed $29,900 Active 1093-char remark

   Show marketing remark (1131 chars)

   * * Price Improvement * * Charming classic wood-frame cottage full of potential! Built approximately 60 years ago, this property offers a wonderful opportunity for buyers looking to add their own personal touch and updates. Inside, you’ll find a spacious kitchen with abundant cabinet storage for cooking, entertaining, or future customization. The layout provides a solid foundation for comfortable living, with plenty of room to make it your own. Outside, the partially fenced yard offers space for pets, gardening, or relaxing outdoors, while the attached carport adds convenient covered parking. Situated in a convenient location, this home combines practicality with opportunity. Whether you’re an investor or a homeowner ready to create your dream space, this property is full of possibilities—come see the potential for yourself! All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Offer link to property: http://mandtreo.com/?c=DWPJ

4. 2026-03-13
   listed $29,900 Active 1131-char remark

   Show marketing remark (1131 chars)

   * * Price Improvement * * Charming classic wood-frame cottage full of potential! Built approximately 60 years ago, this property offers a wonderful opportunity for buyers looking to add their own personal touch and updates. Inside, you’ll find a spacious kitchen with abundant cabinet storage for cooking, entertaining, or future customization. The layout provides a solid foundation for comfortable living, with plenty of room to make it your own. Outside, the partially fenced yard offers space for pets, gardening, or relaxing outdoors, while the attached carport adds convenient covered parking. Situated in a convenient location, this home combines practicality with opportunity. Whether you’re an investor or a homeowner ready to create your dream space, this property is full of possibilities—come see the potential for yourself! All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. A technology fee will apply to the buyer’s agent upon consummation of a sale. Offer link to property: http://mandtreo.com/?c=DWPJ

5. 2026-02-18
   status Active
6. 2026-02-18
   status Active
7. 2026-02-12
   status Pending
8. 2026-02-12
   status Pending
9. 2026-01-13
   listed $29,900 Active
10. 2026-01-13
    listed $29,900 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: $907 · $76/mo
• Projected year-2 tax: $907 · $76/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 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 22 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,369
• − Mortgage interest: −$1,395
• − Property taxes: −$907
• − Insurance: −$5,243
• − Repairs & maintenance: −$910
• − Management: −$910
• − Depreciation: −$724
• Taxable income: $1,281
• Est. tax owed @ 24.0%: −$307
• After-tax cash flow: $957/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 — Galliano

• Score: 68/100
• State rank: #96
• US rank: #9844

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,547

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 (75%)
• Race & ethnicity: White 75% Hispanic / Latino 13% Two or more races 11% Black 4% Native American 2%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Lithuanian 12% Serbian 1%
• Foreign-born: 6% · Canada, Jamaica, China
• Languages at home: 66% English-only · French/Haitian/Cajun 24% Spanish 10%

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: ▲ 1.76%
• Current HPI: 53.5942
• 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
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-16.7% since first listed

10 events — show timeline

• 2026-04-23 Price Changed $24,900 AcadianaMLS
• 2026-04-23 Price Changed $24,900 GSREIN
• 2026-03-13 Listed $29,900 GSREIN
• 2026-03-13 Listed $29,900 AcadianaMLS
• 2026-02-18 Relisted — AcadianaMLS
• 2026-02-18 Relisted — GBRMLS
• 2026-02-12 Pending — AcadianaMLS
• 2026-02-12 Pending — GBRMLS
• 2026-01-13 Listed $29,900 GBRMLS
• 2026-01-13 Listed $29,900 AcadianaMLS

Property tax history

+1.4%/yr

Latest (2024): $907 · +8.8% YoY. Source: county tax records.