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7449 W Driftwood Dr
C+ Composite 62.53
Why this score? — see what drove the C+ 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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +2.8/5.0
  • ARV discount +2.7/15.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$190,000

7449 W Driftwood Dr · Ventress, LA 70783
3 bd · 2.0 ba · 1,286 sqft · SingleFamily · 1 Days on market
Built 1983 0.31 ac lot $148/sqft · 11% above area Est $172k · 11% over

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

NEW TO THE MARKET! Stop renting and start living. Welcome to 7449 W Driftwood Drive, a beautifully updated brick ranch tucked into the trees of the quiet Riverbend Subdivision in Ventress, Louisiana. Priced at $190,000 and situated in Flood Zone X with no mandatory flood insurance, this home may qualify for 100% financing through USDA Rural Development or LHC Delta 100 programs, meaning you could own all of this with zero dollars down. Inside you will find an open, comfortable layout with three bedrooms and two fully updated bathrooms featuring marble-look shower surrounds, frosted glass enclosures, and brushed nickel fixtures throughout. The kitchen is move-in ready and fully equipped. Updated flooring and fresh finishes run through every room. Outside is where this property truly shines. A massive 600 square foot covered patio gives you room to entertain year-round, and the above-ground pool and wood-fenced backyard make this one of the most complete outdoor spaces in the area. A detached storage building provides ample room for tools, gear, or anything else that needs a home. All of this and you are only five minutes from False River, ten minutes from New Roads, and less than an hour from Baton Rouge. Whether you are a first-time buyer looking for an affordable turn-key home or an investor seeking a high-demand short-term rental near the False River corridor, this property delivers. Schedule your private showing today before someone else calls this one home.

Key facts

  • 0.31 acre lot
  • Garage
  • Pool

Property features AI

Exterior

  • Parking: Attached garage; Driveway; 2 total parking spaces
  • Utilities: Public water; Public sewer
  • Home design: Detached single-family residence; Residential property
  • Construction: Brick construction; Slab foundation; Composition and metal roof
  • Exterior features: Covered patio/porch; Wood fencing; Above-ground private pool

Interior

  • Kitchen: Range, Oven, Dishwasher, Microwave, Refrigerator
  • Flooring: Tile; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Range, Oven, Dishwasher, Microwave, Refrigerator; Tile and vinyl flooring

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $190k.

Deal economics

  • At list price, monthly cash flow is $1k ($14k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $190k).
  • Cap rate 13.9% vs local median 1.4% in Ventress — 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 55/100 on livability (#374 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B; Watch: schools D-, crime F, amenities F.
  • Pointe Coupee Parish (rural): math 21% / reading 29% proficiency, ranked #56 of 98 in LA (top 57%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 39 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 60 units permitted in Pointe Coupee Parish in 2024 (0 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.
  • Pointe Coupee County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $53k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 25y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $74k; list at $190k implies a 157% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $190,000

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 D-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. 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?
  4. 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.
  5. 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.
  6. 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
1.55%
Cap rate
13.92%
Cash-on-cash
27.24%
DSCR
2.21
GRM
5.4

CMA / ARV

ARV (median comp)
$171,516
List price
$190,000
Delta
10.78%
Verdict
OVERPRICED
Comps
6 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7496 Driftwood Dr 0.13mi 3/2.0 1,396 (+9%) 20mo $180,000 $129 63
7517 E Driftwood Dr 0.14mi 3/1.0 1,097 (-15%) 3mo $158,000 $144 62

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

5-year hold
IRR
21.2%
Equity multiple
1.87×
Total profit
$46,050
Equity at exit
$28,330
10-year hold
IRR
29.3%
Equity multiple
3.61×
Total profit
$138,841
Equity at exit
$16,428

Cash invested: $53,200 (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.

ZIP-level market 70783

Home prices YoY
-26.2%
Active inventory
39
Price-to-rent
5.4×

Monthly cashflow live

Estimated rent
$2,950 medium interval (Pro) →
Mortgage (P&I)
$996
Tax from tax record
$47 /mo · $569/yr
Insurance
$79
HOA
$0
Vacancy / Maint / Mgmt
$620
Net cashflow
$1,208

Break-even live

Break-even rent $1,421
Max offer price $190,000
Occupancy floor 54%

Sensitivity live

Price -10% $1,315 -5% $1,261 +0% $1,208 +5% $1,154 +10% $1,100
Rent -10% $975 -5% $1,091 +0% $1,208 +5% $1,324 +10% $1,441
Rate -1.0pp $1,303 -0.5pp $1,256 base $1,208 +0.5pp $1,158 +1.0pp $1,108

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
$47,500
Closing costs
$5,700
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
7458 W Stacy Dr Ventress, LA 2.0 2.0 1200 $2,950 $2.46 24d 1 0.22mi

Listing history 4 events

  1. 2005-08-22
    soldstatus $74,000
  2. 2001-06-22
    soldstatus
  3. 2001-03-25
    listed $69,900
  4. 2001-03-25
    listed $69,900

ⓘ 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
$569 · $47/mo
Projected year-2 tax
$1,045 · $87/mo
Expected delta
+$476/yr (+$40/mo · 83.8%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 20 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$35,400
− Mortgage interest
−$10,643
− Property taxes
−$569
− Insurance
−$950
− Repairs & maintenance
−$2,832
− Management
−$2,832
− Depreciation
−$5,527
Taxable income
$12,047
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,891
After-tax cash flow
$11,600/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
Pointe Coupee Parish
NCES district ID
2201260
Math proficiency
21% ▼ -35.00%
Reading proficiency
29% ▼ -35.00%
Median HH income
$42,565
Composite
21.32/100
National rank
#8379
State rank
#56 of 98 in LA

Livability — Ventress

Score
55/100
State rank
#374
US rank
#23676

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
2,797

Population outlook (Pointe Coupee County) Hauer SSP2

Today (2025)
21,165 people
By 2030
20,406 · -3.6%
By 2040
18,650 · -11.9%
By 2050
16,946 · -19.9%
By 2075
13,844 · -34.6%
By 2100
11,154 · -47.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (83%)
Race & ethnicity
White 83% Black 13% Two or more races 3% Hispanic / Latino 2%
Common ancestry
Lithuanian 23% Serbian 2%
Foreign-born
0%
Languages at home
97% English-only · French/Haitian/Cajun 2% Spanish 1%

Political lean MEDSL · Pointe Coupee

2024 margin
Strong R (+27.6) · D 35.7% · R 63.3% · Other 1.0%
2008→2024 swing
-18.0pp toward R · 2008: -9.5pp · 2024: -27.6pp
All cycles
2024: R+27.6 2020: R+22.8 2016: R+17.2 2012: R+9.2 2008: R+9.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -58.53%
Current HPI
164.7138
Rent YoY
Metro
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+171.8% since first listed
7 events — show timeline
  • 2026-05-26 Pending AcadianaMLS
  • 2026-05-26 Pending GBRMLS
  • 2026-05-25 Listed $190,000 AcadianaMLS
  • 2005-08-22 Sold (Public Records) $74,000 Public Records
  • 2001-06-22 Sold (MLS) GBRMLS
  • 2001-03-25 Listed $69,900 GBRMLS
  • 2001-03-25 Listed $69,900 AcadianaMLS

Property tax history

+2.7%/yr

Latest (2025): $569 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…