6707 Oriole Cir · Lake Charles, LA 70647

$144,999

3 bd · 2.0 ba · 1,815 sqft · SingleFamily · 3 Days on market

Built 1992 1.00 ac lot $80/sqft · 21% below area Est $184k · 21% under

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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 +16.9/30.0
• ARV discount +15.0/15.0
• DSCR +5.3/10.0
• 1% rule +3.6/10.0
• Livability +3.4/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This adorable 3-bedroom, 2-bath home sits on a spacious one acre lot at the end of a quiet cul-de-sac in an established subdivision--just minutes from Lake Charles. Generous foyer welcomes you into a bright and inviting living space, large living space opens up to a kitchen with separate dining area just perfect for entertaining. The large master suite includes private bathroom and huge walk-in closet. With right an acre of yard, theres plenty of space for outdoor living. .. .Build a shop, an outdoor kitchen, or whatever you desire! Flood zone X

Key facts

• Bright living space
• One acre lot
• Huge walk-in closet

Tags

• ONE ACRE LOT
• QUIET CUL-DE-SAC
• BRIGHT LIVING SPACE
• SEPARATE DINING AREA
• PRIVATE BATHROOM
• HUGE WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $29 ($351/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 $125k (13.8% below list).
• Recommended offer: $125k (13.8% below list) — sets the bar for 1% rule.
• Cap rate 7.1% vs local median 4.3% in Lake Charles — 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 (#95 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, employment D-.
• 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.
• Market conditions: 259 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $4k 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.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 11y 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; 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 $125,000 (13.8% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.86% ✗
• Cap rate: 7.08%
• Cash-on-cash: 2.83%
• DSCR: 1.13
• GRM: 9.7

CMA / ARV

• ARV (median comp): $184,275
• List price: $144,999
• Delta: -21.31%
• Verdict: UNDERPRICED
• Comps: 12 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -14.9%
• Equity multiple: 0.47×
• Total profit: $-21,643
• Equity at exit: $21,620

10-year hold

• IRR: -6.3%
• Equity multiple: 0.59×
• Total profit: $-16,483
• Equity at exit: $12,537

Cash invested: $40,600 (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 70647

• Active inventory: 259
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,250 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$71 /mo · $852/yr
• Insurance: −$60
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $29

Break-even live

Break-even rent $1,213

Max offer price $144,999

Occupancy floor 93%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6735 U.S. 90 Unit 85 Lake Charles, LA	4.0	2.0	1440	$1,250	$0.87	13d	1	0.31mi

Listing history 14 events

1. 2026-06-07
   statusdays on market $144,999 Pending 3 DOM
2. 2026-06-05
   days on market $144,999 Active 2 DOM
3. 2026-06-03
   days on marketlisting id $144,999 Active 1 DOM
4. 2026-05-31
   days on market $144,999 Active 299 DOM
5. 2026-05-30
   days on market $144,999 Active 298 DOM
6. 2025-11-26
   status Active 551-char remark

   Show marketing remark (551 chars)

   This adorable 3-bedroom, 2-bath home sits on a spacious one acre lot at the end of a quiet cul-de-sac in an established subdivision--just minutes from Lake Charles. Generous foyer welcomes you into a bright and inviting living space, large living space opens up to a kitchen with separate dining area just perfect for entertaining. The large master suite includes private bathroom and huge walk-in closet. With right an acre of yard, theres plenty of space for outdoor living. .. .Build a shop, an outdoor kitchen, or whatever you desire! Flood zone X

7. 2025-11-13
   historical Active Under Contract 551-char remark

   Show marketing remark (551 chars)

   This adorable 3-bedroom, 2-bath home sits on a spacious one acre lot at the end of a quiet cul-de-sac in an established subdivision--just minutes from Lake Charles. Generous foyer welcomes you into a bright and inviting living space, large living space opens up to a kitchen with separate dining area just perfect for entertaining. The large master suite includes private bathroom and huge walk-in closet. With right an acre of yard, theres plenty of space for outdoor living. .. .Build a shop, an outdoor kitchen, or whatever you desire! Flood zone X

8. 2025-08-19
   status Active 551-char remark

   Show marketing remark (551 chars)

   This adorable 3-bedroom, 2-bath home sits on a spacious one acre lot at the end of a quiet cul-de-sac in an established subdivision--just minutes from Lake Charles. Generous foyer welcomes you into a bright and inviting living space, large living space opens up to a kitchen with separate dining area just perfect for entertaining. The large master suite includes private bathroom and huge walk-in closet. With right an acre of yard, theres plenty of space for outdoor living. .. .Build a shop, an outdoor kitchen, or whatever you desire! Flood zone X

9. 2025-08-07
   historical Active Under Contract 551-char remark

   Show marketing remark (551 chars)

   This adorable 3-bedroom, 2-bath home sits on a spacious one acre lot at the end of a quiet cul-de-sac in an established subdivision--just minutes from Lake Charles. Generous foyer welcomes you into a bright and inviting living space, large living space opens up to a kitchen with separate dining area just perfect for entertaining. The large master suite includes private bathroom and huge walk-in closet. With right an acre of yard, theres plenty of space for outdoor living. .. .Build a shop, an outdoor kitchen, or whatever you desire! Flood zone X

10. 2025-06-01
    listed $144,999 Active 551-char remark

    Show marketing remark (551 chars)

    This adorable 3-bedroom, 2-bath home sits on a spacious one acre lot at the end of a quiet cul-de-sac in an established subdivision--just minutes from Lake Charles. Generous foyer welcomes you into a bright and inviting living space, large living space opens up to a kitchen with separate dining area just perfect for entertaining. The large master suite includes private bathroom and huge walk-in closet. With right an acre of yard, theres plenty of space for outdoor living. .. .Build a shop, an outdoor kitchen, or whatever you desire! Flood zone X

11. 2015-08-13
    soldstatus 518-char remark

    Show marketing remark (518 chars)

    This property offers a 3/2 open floor plan situated on a cul de sac. Outside city limits. Call for your showing today! This property is going to auction. Auction.com This property is now under auction terms. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. No commission shall be paid to selling office if buyer is a real estate agent. Lot size & measurements are M/L.

12. 2015-01-20
    listed $92,800 518-char remark

    Show marketing remark (518 chars)

    This property offers a 3/2 open floor plan situated on a cul de sac. Outside city limits. Call for your showing today! This property is going to auction. Auction.com This property is now under auction terms. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). This is a reserve auction and all offers are subject to seller approval. No commission shall be paid to selling office if buyer is a real estate agent. Lot size & measurements are M/L.

13. 2012-09-25
    soldstatus $142,500
14. 2011-03-03
    soldstatus $131,000

ⓘ 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: $852 · $71/mo
• Projected year-2 tax: $852 · $71/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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,000
• − Mortgage interest: −$8,122
• − Property taxes: −$852
• − Insurance: −$1,522
• − Repairs & maintenance: −$1,200
• − Management: −$1,200
• − Depreciation: −$4,218
• Taxable loss: −$2,115
• Est. tax savings @ 24.0%: +$508
• After-tax cash flow: $858/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: 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 — Lake Charles

• Score: 68/100
• State rank: #95
• US rank: #9820

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 133,538
• Population (ZIP): 12,056

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 (67%)
• Race & ethnicity: White 67% Black 22% Two or more races 9% Hispanic / Latino 3%
• Common ancestry: Lithuanian 18% Slovak 1%
• Foreign-born: 1%
• Languages at home: 92% English-only · French/Haitian/Cajun 3% Spanish 3% Other Asian/Pacific 2%

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: ▼ -78.33%
• Current HPI: 119.3512
• 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

+10.7% since first listed

9 events — show timeline

• 2025-11-26 Relisted — SWLAR
• 2025-11-13 Contingent — SWLAR
• 2025-08-19 Relisted — SWLAR
• 2025-08-07 Contingent — SWLAR
• 2025-06-01 Listed $144,999 SWLAR
• 2015-08-13 Sold (MLS) — SWLAR
• 2015-01-20 Listed $92,800 SWLAR
• 2012-09-25 Sold (Public Records) $142,500 Public Records
• 2011-03-03 Sold (Public Records) $131,000 Public Records

Property tax history

-2.3%/yr

Latest (2025): $852 · +1.5% YoY. Source: county tax records.