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14427 S Airport Rd
D Composite 42.45
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 +14.8/30.0
  • ARV discount +7.5/15.0
  • DSCR +4.5/10.0
  • Schools +3.9/10.0
  • Livability +3.4/5.0
  • 1% rule +3.2/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$199,999

14427 S Airport Rd · Abbeville, LA 70510
4 bd · 3.0 ba · 2,387 sqft · SingleFamily public records · 65 Days on market
Built 2017 0.38 ac lot

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

Listing remarks MLS

Welcome to 14427 South Airport Road, Abbeville, LA -- where move-in ready meets modern living! This beautifully renovated 2017 modular home sits on 0.38 acres and offers 4 spacious bedrooms and 3 full bathrooms, giving your family all the space it needs and then some. Step inside and you'll immediately notice the brand new LVT flooring flowing throughout the home, complemented by fresh interior and exterior paint that gives everything a clean, contemporary feel. The kitchen is a showstopper, outfitted with all new stainless steel appliances -- refrigerator, stove, dishwasher, and microwave -- along with granite counter tops and a stylish subway tile backsplash that ties it all together. This property features all new ceiling fans and light fixtures throughout as well. This home was designed for gathering. Two large living areas provide plenty of room to spread out, whether you're hosting game day or enjoying a quiet evening with family. The master suite is a true retreat, featuring a spacious layout, a huge walk-in closet, and a spa-inspired bathroom with dual vanities and an oversized walk-in shower with multiple shower heads. Step outside and discover your own private oasis -- a fully fenced backyard with a large covered entertainment area that's ready for crawfish boils, birthday parties, and everything in between. This property is located in Flood Zone X which means it is not located in a flood zone and no flood insurance is required. Completely renovated from top to bottom, properties like this rarely hit the market in Abbeville. Schedule your private tour today before this one is gone!

Key facts

  • All new ceiling fans
  • Light fixtures
  • Granite counter tops

Tags

BRAND NEW LVT FLOORINGGRANITE COUNTER TOPSSUBWAY TILE BACKSPLASHALL NEW CEILING FANSLIGHT FIXTURESTWO LARGE LIVING AREAS

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 4-bed/3.0-bath single-family listed at $200k.

Deal economics

  • At list price, monthly cash flow is $57 ($679/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 $165k (17.7% below list).
  • Recommended offer: $165k (17.7% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 68/100 on livability (#94 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
  • Vermilion Parish (town): math 40% / reading 53% proficiency, ranked #15 of 98 in LA (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 180 active listings in the ZIP; 228 units permitted in Vermilion 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.
  • Vermilion County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 65 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
Recommended offer $164,538 (17.7% below list)

Questions for the listing agent

  1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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?
  7. 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.
  8. 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.
  9. 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
0.82%
Cap rate
6.63%
Cash-on-cash
1.21%
DSCR
1.05
GRM
10.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
-14.4%
Equity multiple
0.48×
Total profit
$-28,867
Equity at exit
$29,821
10-year hold
IRR
-5.7%
Equity multiple
0.63×
Total profit
$-20,744
Equity at exit
$17,292

Cash invested: $56,000 (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 70510

Active inventory
180
Price-to-rent
10.1×

Monthly cashflow live

Estimated rent
$1,645 medium interval (Pro) →
Mortgage (P&I)
$1,049
Tax from tax record
$111 /mo · $1,334/yr
Insurance
$83
HOA
$0
Vacancy / Maint / Mgmt
$346
Net cashflow
$57

Break-even live

Break-even rent $1,574
Max offer price $199,999
Occupancy floor 92%

Sensitivity live

Price -10% $170 -5% $113 +0% $57 +5% $0 +10% $-57
Rent -10% $-73 -5% $-8 +0% $57 +5% $122 +10% $187
Rate -1.0pp $157 -0.5pp $107 base $57 +0.5pp $5 +1.0pp $-48

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
$50,000
Closing costs
$6,000
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.

Listing history 16 events

  1. 2026-06-18
    days on market $199,999 Active 65 DOM
  2. 2026-06-17
    days on market $199,999 Active 64 DOM
  3. 2026-06-16
    days on market $199,999 Active 63 DOM
  4. 2026-06-15
    days on market $199,999 Active 62 DOM
  5. 2026-06-14
    days on market $199,999 Active 60 DOM
  6. 2026-06-13
    days on market $199,999 Active 59 DOM
  7. 2026-06-10
    days on market $199,999 Active 57 DOM
  8. 2026-06-09
    days on market $199,999 Active 56 DOM
  9. 2026-06-08
    days on market $199,999 Active 55 DOM
  10. 2026-06-07
    days on market $199,999 Active 54 DOM
  11. 2026-06-03
    days on market $199,999 Active 50 DOM
  12. 2026-06-02
    days on market $199,999 Active 49 DOM
  13. 2026-06-01
    days on market $199,999 Active 48 DOM
  14. 2026-05-31
    days on market $199,999 Active 47 DOM
  15. 2026-05-30
    days on market $199,999 Active 46 DOM
  16. 2026-04-14
    listed $205,000 Active 1618-char remark
    Show marketing remark (1618 chars)

    Welcome to 14427 South Airport Road, Abbeville, LA -- where move-in ready meets modern living! This beautifully renovated 2017 modular home sits on 0.38 acres and offers 4 spacious bedrooms and 3 full bathrooms, giving your family all the space it needs and then some. Step inside and you'll immediately notice the brand new LVT flooring flowing throughout the home, complemented by fresh interior and exterior paint that gives everything a clean, contemporary feel. The kitchen is a showstopper, outfitted with all new stainless steel appliances -- refrigerator, stove, dishwasher, and microwave -- along with granite counter tops and a stylish subway tile backsplash that ties it all together. This property features all new ceiling fans and light fixtures throughout as well. This home was designed for gathering. Two large living areas provide plenty of room to spread out, whether you're hosting game day or enjoying a quiet evening with family. The master suite is a true retreat, featuring a spacious layout, a huge walk-in closet, and a spa-inspired bathroom with dual vanities and an oversized walk-in shower with multiple shower heads. Step outside and discover your own private oasis -- a fully fenced backyard with a large covered entertainment area that's ready for crawfish boils, birthday parties, and everything in between. This property is located in Flood Zone X which means it is not located in a flood zone and no flood insurance is required. Completely renovated from top to bottom, properties like this rarely hit the market in Abbeville. Schedule your private tour today before this one is gone!

ⓘ 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
$1,334 · $111/mo
Projected year-2 tax
$1,334 · $111/mo
Expected delta
$0/yr ($0/mo · 0.0%)

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$19,745
− Mortgage interest
−$11,203
− Property taxes
−$1,334
− Insurance
−$1,000
− Repairs & maintenance
−$1,580
− Management
−$1,580
− Depreciation
−$5,818
Taxable loss
−$2,769
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$665
After-tax cash flow
$1,343/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
Vermilion Parish
NCES district ID
2201800
Math proficiency
40% ▼ -38.00%
Reading proficiency
53% ▼ -32.00%
Median HH income
$45,115
Composite
39.37/100
National rank
#3974
State rank
#15 of 98 in LA

Livability — Abbeville

Score
68/100
State rank
#94
US rank
#9800

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
23,909

Population outlook (Vermilion County) Hauer SSP2

Today (2025)
64,095 people
By 2030
65,915 · +2.8%
By 2040
68,985 · +7.6%
By 2050
70,804 · +10.5%
By 2075
73,897 · +15.3%
By 2100
71,793 · +12.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (65%)
Race & ethnicity
White 65% Black 24% Two or more races 4% Hispanic / Latino 4% Asian 4%
Common ancestry
Lithuanian 15% Italian 1%
Foreign-born
5% · Vietnam, Canada
Languages at home
87% English-only · French/Haitian/Cajun 6% Vietnamese 3% Spanish 2%

Political lean MEDSL · Vermilion

2024 margin
Solid R (+63.8) · D 17.6% · R 81.4% · Other 1.1%
2008→2024 swing
-16.3pp toward R · 2008: -47.5pp · 2024: -63.8pp
All cycles
2024: R+63.8 2020: R+61.9 2016: R+59.6 2012: R+52.8 2008: R+47.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -70.44%
Current HPI
97.6131
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

1 event — show timeline
  • 2026-04-14 Listed $205,000 AcadianaMLS

Property tax history

+62.3%/yr

Latest (2025): $1,334 · -0.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…