1025 Louis Dr · Cecilia, LA 70517

$99,000

3 bd · 1.0 ba · 1,015 sqft · Other public records · 113 Days on market

Built 1973 0.36 ac lot $98/sqft · 40% below area Est $187k · 47% under ↓ 23% since listing

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Are you ready to unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Cecilia? Offering 1,161 square feet of blank canvas, this space is ready for your personal touch. Nestled in a small subdivision with easy access to grocery stores, restaurants, and I-10, this property is ideal for those seeking an affordable opportunity customize a space to their liking. Enjoy a spacious yard perfect for outdoor gatherings, a workshop ideal for storage or projects, a designated space for a game room or office, and ample covered parking. If you're a home buyer ready to create a spot to call your own, this home's great location and untapped possibilities make it a perfect opportunity! Bring your Pinterest board and all of your ideas, and make it yours today!

Key facts

• Spacious yard
• Easy access
• Workshop

Tags

• SPACIOUS YARD
• WORKSHOP
• DESIGNATED SPACE
• AMPLE COVERED PARKING
• EASY ACCESS

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $99k.

Deal economics

• At list price, monthly cash flow is $406 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $90k (9.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#157 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment D+, amenities F, commute F.
• St. Martin Parish (rural): math 23% / reading 32% proficiency, ranked #49 of 98 in LA (top 50%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 276 active listings in the ZIP; 54 units permitted in St. Martin Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• St. Martin County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 113 days — a 9% lower offer ($90k) is reasonable based on typical stale-listing flexibility.

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 $90,090 (9.0% below list)

Questions for the listing agent

1. It's been on market 113 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.30% ✓
• Cap rate: 11.22%
• Cash-on-cash: 17.58%
• DSCR: 1.78
• GRM: 6.4

CMA / ARV

• ARV (median comp): $187,294
• List price: $99,000
• Delta: -47.14%
• Verdict: UNDERPRICED
• Comps: 6 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 9.0%
• Equity multiple: 1.35×
• Total profit: $9,804
• Equity at exit: $14,761

10-year hold

• IRR: 18.2%
• Equity multiple: 2.51×
• Total profit: $41,748
• Equity at exit: $8,560

Cash invested: $27,720 (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 70517

• Home prices YoY: -33.7%
• Active inventory: 276
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,288 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$51 /mo · $612/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$271
• Net cashflow: $406

Break-even live

Break-even rent $774

Max offer price $99,000

Occupancy floor 63%

Sensitivity live

Price	-10% $462	-5% $434	+0% $406	+5% $378	+10% $350
Rent	-10% $304	-5% $355	+0% $406	+5% $457	+10% $508
Rate	-1.0pp $456	-0.5pp $431	base $406	+0.5pp $381	+1.0pp $354

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 3 events

1. 2026-05-12
   price $99,000 772-char remark

   Show marketing remark (772 chars)

   Are you ready to unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Cecilia? Offering 1,161 square feet of blank canvas, this space is ready for your personal touch. Nestled in a small subdivision with easy access to grocery stores, restaurants, and I-10, this property is ideal for those seeking an affordable opportunity customize a space to their liking. Enjoy a spacious yard perfect for outdoor gatherings, a workshop ideal for storage or projects, a designated space for a game room or office, and ample covered parking. If you're a home buyer ready to create a spot to call your own, this home's great location and untapped possibilities make it a perfect opportunity! Bring your Pinterest board and all of your ideas, and make it yours today!

2. 2026-02-26
   price $125,000 772-char remark

   Show marketing remark (772 chars)

   Are you ready to unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Cecilia? Offering 1,161 square feet of blank canvas, this space is ready for your personal touch. Nestled in a small subdivision with easy access to grocery stores, restaurants, and I-10, this property is ideal for those seeking an affordable opportunity customize a space to their liking. Enjoy a spacious yard perfect for outdoor gatherings, a workshop ideal for storage or projects, a designated space for a game room or office, and ample covered parking. If you're a home buyer ready to create a spot to call your own, this home's great location and untapped possibilities make it a perfect opportunity! Bring your Pinterest board and all of your ideas, and make it yours today!

3. 2026-02-01
   listed $129,000 Active 772-char remark

   Show marketing remark (772 chars)

   Are you ready to unlock the potential of this 3-bedroom, 1-bathroom home in the heart of Cecilia? Offering 1,161 square feet of blank canvas, this space is ready for your personal touch. Nestled in a small subdivision with easy access to grocery stores, restaurants, and I-10, this property is ideal for those seeking an affordable opportunity customize a space to their liking. Enjoy a spacious yard perfect for outdoor gatherings, a workshop ideal for storage or projects, a designated space for a game room or office, and ample covered parking. If you're a home buyer ready to create a spot to call your own, this home's great location and untapped possibilities make it a perfect opportunity! Bring your Pinterest board and all of your ideas, and make it yours today!

ⓘ 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: $612 · $51/mo
• Projected year-2 tax: $612 · $51/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 4/10 Moderate FEMA zone X · 20% 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

Taxation est. · year 1

• Rental income: $15,457
• − Mortgage interest: −$5,546
• − Property taxes: −$612
• − Insurance: −$495
• − Repairs & maintenance: −$1,237
• − Management: −$1,237
• − Depreciation: −$2,880
• Taxable income: $3,452
• Est. tax owed @ 24.0%: −$828
• After-tax cash flow: $4,046/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: St. Martin Parish
• NCES district ID: 2201590
• Math proficiency: 23% ▼ -44.00%
• Reading proficiency: 32% ▼ -36.00%
• Median HH income: $42,813
• Composite: 23.41/100
• National rank: #7897
• State rank: #49 of 98 in LA

Livability — Cecilia

• Score: 65/100
• State rank: #157
• US rank: #13524

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 26,570

Population outlook (St. Martin County) Hauer SSP2

• Today (2025): 57,446 people
• By 2030: 58,857 · +2.5%
• By 2040: 60,859 · +5.9%
• By 2050: 61,419 · +6.9%
• By 2075: 61,574 · +7.2%
• By 2100: 57,253 · -0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (62%)
• Race & ethnicity: White 62% Black 30% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 18% Slovak 1% Romanian 1%
• Foreign-born: 3% · Canada, Vietnam, China
• Languages at home: 87% English-only · French/Haitian/Cajun 9% Spanish 3% Vietnamese 1%

Political lean MEDSL · St. Martin

• 2024 margin: Solid R (+40.7) · D 29.1% · R 69.8% · Other 1.0%
• 2008→2024 swing: -20.0pp toward R · 2008: -20.7pp · 2024: -40.7pp
• All cycles: 2024: R+40.7 2020: R+36.1 2016: R+33.4 2012: R+24.5 2008: R+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -73.00%
• Current HPI: 143.4293
• 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

-23.3% since first listed

3 events — show timeline

• 2026-05-12 Price Changed $99,000 AcadianaMLS
• 2026-02-26 Price Changed $125,000 AcadianaMLS
• 2026-02-01 Listed $129,000 AcadianaMLS

Property tax history

-0.3%/yr

Latest (2025): $612 · +0.0% YoY. Source: county tax records.