908 Edson St St · Carlyss, LA 70665

$60,000

3 bd · 1.0 ba · 1,549 sqft · SingleFamily · 318 Days on market

Built 1960 1.04 ac lot $39/sqft · 57% below area ↓ 40% since listing

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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).

• Cash flow +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.1/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Fixer-upper opportunity in Sulphur on a spacious 1+ acre lot at the end of a quiet dead-end road, offering peace and privacy. This traditional single-story home features a practical layout with three bedrooms and one full bath, ideal for a first-time buyer or investor ready to add sweat equity. The floor plan includes a separate living room and dining area flowing into an eat-in kitchen with ample cabinet space and room for family meals. Original hardwood flooring and vintage fixtures throughout add character and charm, while the large windows provide plenty of natural light. The home also includes a convenient utility room off the kitchen and a covered front porch perfect for relaxing outdoors. The sizable backyard offers ample space for gardening, play, or future additions. Located close to I-10 for easy commuting, this home is situated in Flood Zone AE. The seller does not have flood insurance, but a flood insurance quote is available for buyer reference. This property is ready for your updates to create a comfortable home or a profitable rental investment. Don’t miss this chance to make it your own! Seller will not turn on gas for inspections or appraisal.

Key facts

• Spacious acre lot
• Dining area
• Quiet dead-end road

Tags

• SPACIOUS ACRE LOT
• QUIET DEAD-END ROAD
• SEPARATE LIVING ROOM
• DINING AREA
• EAT-IN KITCHEN
• AMPLE CABINET SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.
• Cap rate 39.7% vs local median 8.3% in Carlyss — 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 61/100 on livability (#237 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: schools F, crime D-, amenities F.
• 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: 236 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $415 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 318 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 318 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
8. 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?
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: 4.35% ✓
• Cap rate: 39.66%
• Cash-on-cash: 119.16%
• DSCR: 6.30
• GRM: 1.9

CMA / ARV

• ARV (median comp): $140,620
• List price: $60,000
• Delta: -57.33%
• 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
544 Patton St	0.19mi	3/2.0	1,400 (-10%)	1mo	$115,000	$82	71
214 Lightning St	0.42mi	3/2.0	1,581 (+2%)	11mo	$111,000	$70	63
205 Leland St	0.69mi	3/1.5	1,602 (+3%)	11mo	$150,000	$94	51
620 Starlin Dr	0.58mi	3/2.0	1,453 (-6%)	10mo	$165,000	$114	51
337 Madison Xing	0.65mi	3/2.0	1,452 (-6%)	8mo	$208,000	$143	49
190 Mustang St	0.54mi	3/2.0	1,440 (-7%)	12mo	$160,000	$111	49
1102 Bernadette Dr	0.74mi	3/2.0	1,479 (-4%)	8mo	$180,000	$122	48
109 Briar Ct	0.74mi	3/2.0	1,642 (+6%)	7mo	$212,500	$129	46
301 Mustang St	0.47mi	3/2.0	1,739 (+12%)	10mo	$126,000	$72	45
740 Starlin Dr	0.58mi	3/1.0	1,340 (-14%)	7mo	$155,000	$116	44
248 Long Hill Dr Dr	0.70mi	3/2.0	1,698 (+10%)	7mo	$205,000	$121	41
344 Madison Crossing Dr	0.62mi	3/2.0	1,710 (+10%)	12mo	$219,500	$128	39

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: 89.5%
• Equity multiple: 5.15×
• Total profit: $69,655
• Equity at exit: $8,946

10-year hold

• IRR: 92.5%
• Equity multiple: 10.74×
• Total profit: $163,668
• Equity at exit: $5,188

Cash invested: $16,800 (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 70665

• Active inventory: 236
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $2,611 high
• Mortgage (P&I): −$315
• Tax from tax record: −$55 /mo · $656/yr
• Insurance: −$25
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$548
• Net cashflow: $1,242

Break-even live

Break-even rent $1,039

Max offer price $60,000

Occupancy floor 47%

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: $15,000
• Closing costs: $1,800
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1917 Linda Ave Sulphur, LA	3.0	2.0	1288	$1,890	$1.47	43d	1	0.92mi
1000 E Carlyss Blvd Sulphur, LA	1.0–3.0	1.0–2.0	966	$2,296	$2.38	13d	10	0.93mi
293 Sawyer Dr Sulphur, LA	4.0	2.0	2079	$4,400	$2.12	43d	1	1.08mi
2310 Timberlane Dr Sulphur, LA	2.0	2.0	1350	$2,450	$1.81	43d	1	1.22mi
1141 Mosswood Dr Sulphur, LA	2.0–3.0	2.0–3.5	1332	$2,195	$1.65	43d	1	1.38mi

Listing history 20 events

1. 2026-06-19
   days on market $60,000 Active 318 DOM
2. 2026-06-18
   days on market $60,000 Active 317 DOM
3. 2026-06-17
   days on market $60,000 Active 316 DOM
4. 2026-06-16
   days on market $60,000 Active 315 DOM
5. 2026-06-15
   days on market $60,000 Active 314 DOM
6. 2026-06-14
   days on market $60,000 Active 312 DOM
7. 2026-06-13
   days on market $60,000 Active 311 DOM
8. 2026-06-10
   days on market $60,000 Active 309 DOM
9. 2026-06-09
   days on market $60,000 Active 308 DOM
10. 2026-06-08
    days on market $60,000 Active 307 DOM
11. 2026-06-07
    days on market $60,000 Active 306 DOM
12. 2026-06-05
    days on market $60,000 Active 303 DOM
13. 2026-06-02
    days on market $60,000 Active 301 DOM
14. 2026-06-01
    days on market $60,000 Active 300 DOM
15. 2026-05-31
    days on market $60,000 Active 299 DOM
16. 2026-05-30
    days on market $60,000 Active 298 DOM
17. 2026-05-19
    price $60,000 1185-char remark

    Show marketing remark (1185 chars)

    Fixer-upper opportunity in Sulphur on a spacious 1+ acre lot at the end of a quiet dead-end road, offering peace and privacy. This traditional single-story home features a practical layout with three bedrooms and one full bath, ideal for a first-time buyer or investor ready to add sweat equity. The floor plan includes a separate living room and dining area flowing into an eat-in kitchen with ample cabinet space and room for family meals. Original hardwood flooring and vintage fixtures throughout add character and charm, while the large windows provide plenty of natural light. The home also includes a convenient utility room off the kitchen and a covered front porch perfect for relaxing outdoors. The sizable backyard offers ample space for gardening, play, or future additions. Located close to I-10 for easy commuting, this home is situated in Flood Zone AE. The seller does not have flood insurance, but a flood insurance quote is available for buyer reference. This property is ready for your updates to create a comfortable home or a profitable rental investment. Don’t miss this chance to make it your own! Seller will not turn on gas for inspections or appraisal.

18. 2026-04-06
    price $85,000 1185-char remark

    Show marketing remark (1185 chars)

    Fixer-upper opportunity in Sulphur on a spacious 1+ acre lot at the end of a quiet dead-end road, offering peace and privacy. This traditional single-story home features a practical layout with three bedrooms and one full bath, ideal for a first-time buyer or investor ready to add sweat equity. The floor plan includes a separate living room and dining area flowing into an eat-in kitchen with ample cabinet space and room for family meals. Original hardwood flooring and vintage fixtures throughout add character and charm, while the large windows provide plenty of natural light. The home also includes a convenient utility room off the kitchen and a covered front porch perfect for relaxing outdoors. The sizable backyard offers ample space for gardening, play, or future additions. Located close to I-10 for easy commuting, this home is situated in Flood Zone AE. The seller does not have flood insurance, but a flood insurance quote is available for buyer reference. This property is ready for your updates to create a comfortable home or a profitable rental investment. Don’t miss this chance to make it your own! Seller will not turn on gas for inspections or appraisal.

19. 2026-01-20
    price $95,000 1185-char remark

    Show marketing remark (1185 chars)

    Fixer-upper opportunity in Sulphur on a spacious 1+ acre lot at the end of a quiet dead-end road, offering peace and privacy. This traditional single-story home features a practical layout with three bedrooms and one full bath, ideal for a first-time buyer or investor ready to add sweat equity. The floor plan includes a separate living room and dining area flowing into an eat-in kitchen with ample cabinet space and room for family meals. Original hardwood flooring and vintage fixtures throughout add character and charm, while the large windows provide plenty of natural light. The home also includes a convenient utility room off the kitchen and a covered front porch perfect for relaxing outdoors. The sizable backyard offers ample space for gardening, play, or future additions. Located close to I-10 for easy commuting, this home is situated in Flood Zone AE. The seller does not have flood insurance, but a flood insurance quote is available for buyer reference. This property is ready for your updates to create a comfortable home or a profitable rental investment. Don’t miss this chance to make it your own! Seller will not turn on gas for inspections or appraisal.

20. 2025-08-04
    listed $99,900 Active 1185-char remark

    Show marketing remark (1185 chars)

    Fixer-upper opportunity in Sulphur on a spacious 1+ acre lot at the end of a quiet dead-end road, offering peace and privacy. This traditional single-story home features a practical layout with three bedrooms and one full bath, ideal for a first-time buyer or investor ready to add sweat equity. The floor plan includes a separate living room and dining area flowing into an eat-in kitchen with ample cabinet space and room for family meals. Original hardwood flooring and vintage fixtures throughout add character and charm, while the large windows provide plenty of natural light. The home also includes a convenient utility room off the kitchen and a covered front porch perfect for relaxing outdoors. The sizable backyard offers ample space for gardening, play, or future additions. Located close to I-10 for easy commuting, this home is situated in Flood Zone AE. The seller does not have flood insurance, but a flood insurance quote is available for buyer reference. This property is ready for your updates to create a comfortable home or a profitable rental investment. Don’t miss this chance to make it your own! Seller will not turn on gas for inspections or appraisal.

ⓘ 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: $656 · $55/mo
• Projected year-2 tax: $656 · $55/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 AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 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: $31,331
• − Mortgage interest: −$3,361
• − Property taxes: −$656
• − Insurance: −$5,418
• − Repairs & maintenance: −$2,506
• − Management: −$2,506
• − Depreciation: −$1,745
• Taxable income: $15,137
• Est. tax owed @ 24.0%: −$3,633
• After-tax cash flow: $11,268/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 — Carlyss

• Score: 61/100
• State rank: #237
• US rank: #18031

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Carlyss, LA
• Population (ZIP): 12,891

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 (87%)
• Race & ethnicity: White 87% Hispanic / Latino 6% Two or more races 4% Black 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 8% Italian 3% Slovak 2%
• Foreign-born: 3% · Canada
• Languages at home: 92% English-only · Spanish 6% French/Haitian/Cajun 1% Other Indo-European 1%

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: ▼ -91.65%
• Current HPI: 99.2379
• 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

-39.9% since first listed

4 events — show timeline

• 2026-05-19 Price Changed $60,000 SWLAR
• 2026-04-06 Price Changed $85,000 SWLAR
• 2026-01-20 Price Changed $95,000 SWLAR
• 2025-08-04 Listed $99,900 SWLAR

Property tax history

-0.7%/yr

Latest (2025): $656 · +1.2% YoY. Source: county tax records.