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7490 W Driftwood Dr
B- Composite 67.23
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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.4/15.0
  • Livability +2.8/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$169,900

7490 W Driftwood Dr · Ventress, LA 70783
3 bd · 1.5 ba · 1,176 sqft · SingleFamily · 1 Days on market
Built 1997 0.45 ac lot Est $169k · at est.

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Country living awaits in Ventress La! Enjoy a friendly neighborhood just minutes away from False River. Perfect for first-time home buyer. New stove range and dishwasher will be installed. Schedule your showing today!

Key facts

  • Country living
  • New dishwasher
  • New stove range

Tags

COUNTRY LIVINGNEW STOVE RANGENEW DISHWASHER

Property features AI

Exterior

  • Parking: Carport
  • Utilities: Public water
  • Home design: Detached single-family residence; Single-story (entry level details not provided); Located in the River Bend subdivision; directions: Take LA 1 to Ventress, Riverbend Subdivision on the right
  • Construction: Slab foundation
  • Exterior features: Wood siding and brick exterior; Public water

Interior

  • Bathrooms: 1 full bathroom; 1 partial bathroom
  • Interior features: Central heating and central air conditioning

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/1.5-bath single-family listed at $170k.

Deal economics

  • At list price, monthly cash flow is $1k ($16k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $170k).
  • Cap rate 15.6% vs local median 1.9% 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: 38 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 $5k 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 $48k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 2 sale attempts 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

  • 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 $169,900

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
1.74%
Cap rate
15.57%
Cash-on-cash
33.15%
DSCR
2.47
GRM
4.8

CMA / ARV

ARV (on-the-fly)
$169,344
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7517 E Driftwood Dr 0.08mi 3/1.0 1,097 (-7%) 3mo $158,000 $144 81

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
28.3%
Equity multiple
2.18×
Total profit
$56,114
Equity at exit
$25,333
10-year hold
IRR
35.8%
Equity multiple
4.29×
Total profit
$156,425
Equity at exit
$14,690

Cash invested: $47,572 (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
38
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$2,950 medium interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$55 /mo · $655/yr
Insurance
$71
HOA
$0
Vacancy / Maint / Mgmt
$620
Net cashflow
$1,314

Break-even live

Break-even rent $1,287
Max offer price $169,900
Occupancy floor 50%

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
$42,475
Closing costs
$5,097
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 23d 1 0.21mi

Listing history 2 events

  1. 2026-06-18
    remarks 217-char remark
  2. 2026-06-18
    listed $169,900 Active 1 DOM

ⓘ 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
$655 · $55/mo
Projected year-2 tax
$934 · $78/mo
Expected delta
+$279/yr (+$23/mo · 42.6%)

ⓘ 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
−$9,517
− Property taxes
−$655
− Insurance
−$850
− Repairs & maintenance
−$2,832
− Management
−$2,832
− Depreciation
−$4,943
Taxable income
$13,772
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3,305
After-tax cash flow
$12,464/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

+0.0% since first listed
2 events — show timeline
  • 2026-06-17 Listed $169,900 GBRMLS
  • 2026-06-17 Listed $169,900 AcadianaMLS

Property tax history

+2.6%/yr

Latest (2025): $655 · +0.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…