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124 Crooked Pine Ln
D+ Composite 46.04
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 +12.9/30.0
  • ARV discount +11.7/15.0
  • Condition / age +5.0/5.0
  • DSCR +3.9/10.0
  • 1% rule +3.8/10.0
  • Livability +3.3/5.0
  • Schools +2.9/10.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$249,999

124 Crooked Pine Ln · Scott, LA 70583
3 bd · 2.0 ba · 1,521 sqft · SingleFamily · 304 Days on market
Excellent condition 7,405 sqft lot $164/sqft · 9% below area Est $276k · 9% under $35/mo HOA · 2% of rent

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

Listing remarks MLS

* Receive up to $10,000 in incentives on this MOVE IN READY new construction home! New Construction home in The Pines, a brand-new community in Scott, where modern design and quality craftsmanship come together in a peaceful, convenient location. This Energy Star certified home showcases the Segura Cottage floor plan and features painted pine overhead porches, sodded yard, and landscaping for curb appeal. 124 Crooked Pine Lane is a 3-bedroom, 2-bathroom sitting at 1,521 sq. ft. with the master bedroom and bathroom near the back of the home. The neutral coloring of the interior and exterior of this home will make it easy to make this home yours. Additional details include: Stainless steel gas appliances in the kitchen. Luxury vinyl plank flooring throughout most of the home. Cozy up in front of your ventless gas fireplace with a wood mantle, perfect for decorating with all of your favorite family memories. Enjoy nights in your kitchen with granite countertops and neutral colored cabinets with hardware throughout. The master bathroom features tiled shower walls with a fiberglass base. Lighting fixtures include pendants at the kitchen island and hanging feature in the dining area in addition to recessed lighting. Fans are also included in the living room and all bedrooms.

Key facts

  • Granite countertops
  • Walk in pantry
  • 7,405 sq ft lot

Tags

ENERGY STAR CERTIFIEDCRAFTSMAN STYLE POSTSFREESTANDING GAS RANGESTAINLESS STEEL APPLIANCESGRANITE COUNTERTOPSWALK IN PANTRY

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $250k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-17 ($-204/yr) — negative.
  • To cash-flow at today's rent, offer at most $248k (1.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $221k (11.6% below list).
  • Recommended offer: $220k (12.0% below list) — sets the bar for market timing.
  • Cap rate 6.2% vs local median 5.1% in Scott — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 66/100 on livability (#116 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing B+; Watch: crime F, amenities F, commute F.
  • Lafayette Parish (urban): math 38% / reading 46% proficiency, ranked #19 of 98 in LA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: J. Wallace James Elementary School (math 46% / reading 49%, grade D, #147 of 646 statewide, top 23%, 939 students, 64% FRL); Scott Middle School (math 20% / reading 28%, grade F, #143 of 218 statewide, top 65%, 559 students, 65% FRL); Acadiana High School (math 31% / reading 29%, grade F, #125 of 265 statewide, top 47%, 1,813 students, 56% FRL).
  • Market conditions: 304 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 63d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
  • At $2,210/mo this rent would consume 50% of the median local household income ($53k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 304 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $18k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $219,999 (12.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 304 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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 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?
  7. 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?
  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
0.88%
Cap rate
6.21%
Cash-on-cash
-0.29%
DSCR
0.99
GRM
9.4

CMA / ARV

ARV (median comp)
$275,779
List price
$249,999
Delta
-9.35%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
126 Crooked Pine Ln 0.01mi 3/2.0 1,519 (-0%) 8mo $303,000 $199 93
204 Long Creek Ln 0.01mi 3/2.0 1,519 (-0%) 9mo $269,999 $178 92
103 Long Creek Ln 0.02mi 3/2.0 1,521 (0%) 12mo $266,900 $175 89
202 Long Creek Ln 0.01mi 3/2.0 1,615 (+6%) 9mo $275,000 $170 82
203 Long Creek Ln 0.01mi 3/2.0 1,639 (+8%) 10mo $286,400 $175 79
206 Long Creek Ln 0.01mi 3/2.0 1,684 (+11%) 9mo $285,500 $170 74
201 Long Creek Ln 0.11mi 3/2.0 1,385 (-9%) 9mo $249,999 $181 72
205 Long Creek Ln 0.01mi 3/2.0 1,719 (+13%) 8mo $288,700 $168 71
102 Pine Harvest Ln 0.69mi 3/2.0 1,538 (+1%) 3mo $234,265 $152 63
149 Fremont Dr 0.42mi 3/2.0 1,420 (-7%) 8mo $176,000 $124 63
123 Pine Harvest Ln 0.70mi 3/2.0 1,495 (-2%) 6mo $228,220 $153 60
102 Mustang St 0.67mi 4/2.0 (+1) 1,500 (-1%) 4mo $192,500 $128 58

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
-16.8%
Equity multiple
0.41×
Total profit
$-41,538
Equity at exit
$37,276
10-year hold
IRR
-8.5%
Equity multiple
0.47×
Total profit
$-37,342
Equity at exit
$21,615

Cash invested: $70,000 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
68 active · 18 under contract
Months of supply
19.4 mo (5%/mo absorbed)
Median asking
$254,270 ($151/sqft)
Median days on market
168 d
This list price
41% of active listings are priced below it
ARV vs active asking
+20.1% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70583

Active inventory
304
Price-to-rent
9.4×

Monthly cashflow live

Estimated rent
$2,210 medium interval (Pro) →
Mortgage (P&I)
$1,311
Tax est. 1.5%
$312 /mo · $3,750/yr
Insurance
$104
HOA
$35
Vacancy / Maint / Mgmt
$464
Net cashflow
$-17

Break-even live

Break-even rent $2,231
Max offer price $247,539
Occupancy floor 96%

Sensitivity live

Price -10% $156 -5% $69 +0% $-17 +5% $-103 +10% $-190
Rent -10% $-192 -5% $-104 +0% $-17 +5% $70 +10% $158
Rate -1.0pp $109 -0.5pp $47 base $-17 +0.5pp $-82 +1.0pp $-148

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
$62,500
Closing costs
$7,500
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
401 Pinto St Lafayette, LA 3.0 2.0 1601 $2,300 $1.44 93d 1 0.67mi
1313 Apollo Rd Scott, LA 1.0–3.0 1.0–2.0 1100 $2,000 $1.82 62d 10 1.36mi
315 Sandstone Ave #202 Scott, LA 2.0 2.5 1193 $1,895 $1.59 62d 1 1.40mi
128 Oak Village Dr Scott, LA 3.0 2.0 1445 $2,450 $1.70 62d 1 1.42mi

HOA detail $35/mo · $420/yr

Likely covers
gaslandscaping

Listing history 50 events

  1. 2026-08-08
    days on market $249,999 Active 304 DOM
  2. 2026-08-07
    days on market $249,999 Active 303 DOM
  3. 2026-08-06
    days on market $249,999 Active 302 DOM
  4. 2026-08-05
    days on market $249,999 Active 301 DOM
  5. 2026-08-04
    days on market $249,999 Active 300 DOM
  6. 2026-08-03
    days on market $249,999 Active 299 DOM
  7. 2026-07-31
    days on market $249,999 Active 296 DOM
  8. 2026-07-30
    days on market $249,999 Active 295 DOM
  9. 2026-07-30
    price $249,999 Active 294 DOM
  10. 2026-07-29
    days on market $254,900 Active 294 DOM
  11. 2026-07-27
    days on market $254,900 Active 292 DOM
  12. 2026-07-23
    days on market $254,900 Active 288 DOM
  13. 2026-07-22
    days on market $254,900 Active 287 DOM
  14. 2026-07-22
    price $254,900 Active 286 DOM
  15. 2026-07-21
    days on market $259,999 Active 286 DOM
  16. 2026-07-18
    days on market $259,999 Active 283 DOM
  17. 2026-07-16
    days on market $259,999 Active 281 DOM
  18. 2026-07-16
    days on market $259,999 Active 280 DOM
  19. 2026-07-14
    days on market $259,999 Active 279 DOM
  20. 2026-07-13
    days on market $259,999 Active 278 DOM
  21. 2026-07-12
    days on market $259,999 Active 277 DOM
  22. 2026-07-11
    days on market $259,999 Active 276 DOM
  23. 2026-07-10
    days on market $259,999 Active 275 DOM
  24. 2026-07-09
    days on market $259,999 Active 274 DOM
  25. 2026-07-08
    days on market $259,999 Active 273 DOM
  26. 2026-07-07
    days on market $259,999 Active 272 DOM
  27. 2026-07-06
    days on market $259,999 Active 271 DOM
  28. 2026-07-05
    days on market $259,999 Active 270 DOM
  29. 2026-07-04
    days on market $259,999 Active 269 DOM
  30. 2026-07-03
    days on market $259,999 Active 268 DOM
  31. 2026-07-02
    days on market $259,999 Active 267 DOM
  32. 2026-07-01
    days on market $259,999 Active 266 DOM
  33. 2026-06-30
    days on market $259,999 Active 265 DOM
  34. 2026-06-29
    days on market $259,999 Active 264 DOM
  35. 2026-06-28
    days on market $259,999 Active 263 DOM
  36. 2026-06-28
    days on market $259,999 Active 262 DOM
  37. 2026-06-27
    pricedays on market $259,999 Active 261 DOM
  38. 2026-06-25
    days on market $266,000 Active 259 DOM
  39. 2026-06-23
    days on market $266,000 Active 257 DOM
  40. 2026-06-21
    days on market $266,000 Active 256 DOM
  41. 2026-06-18
    price $266,000 Active 253 DOM
  42. 2026-06-18
    days on market $267,000 Active 253 DOM
  43. 2026-06-17
    days on market $267,000 Active 252 DOM
  44. 2026-06-16
    days on market $267,000 Active 251 DOM
  45. 2026-06-15
    days on market $267,000 Active 250 DOM
  46. 2026-06-14
    days on market $267,000 Active 248 DOM
  47. 2026-06-13
    days on market $267,000 Active 247 DOM
  48. 2026-06-10
    days on market $267,000 Active 245 DOM
  49. 2026-06-09
    days on market $267,000 Active 244 DOM
  50. 2026-06-08
    days on market $267,000 Active 243 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,517
− Mortgage interest
−$14,004
− Property taxes
−$3,750
− Insurance
−$1,250
− Repairs & maintenance
−$2,121
− Management
−$2,121
− HOA
−$420
− Depreciation
−$7,273
Taxable loss
−$4,422
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,061
After-tax cash flow
$857/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.

Condition & rehab AI · 12 photos

Excellent 100/100 None rehab

This move-in-ready new construction home in The Pines offers a modern design, quality craftsmanship, and everyday convenience in a peaceful setting.

Value-add opportunities

  • Both Paint front porch and landscaping — Enhances curb appeal and adds value for both resale and rental.
  • Both Install smart home features — Improves convenience and adds value for both resale and rental.
  • Both Add outdoor lighting — Enhances safety and curb appeal for both resale and rental.
F Composite school gradezoned avg 29/100

Zoned Schools

Elementary Westside Elementary School F LA #297/646 Nat'l #24,614/41,679 Middle Scott Middle School F LA #143/218 Nat'l #10,795/14,009 High Acadiana High School F LA #125/265 Nat'l #10,947/17,239

Schools (NCES district)

District
Lafayette Parish
NCES district ID
2200870
Math proficiency
38% ▼ -32.00%
Reading proficiency
46% ▼ -24.00%
Median HH income
$50,238
Composite
36.15/100
National rank
#4741
State rank
#19 of 98 in LA
C Composite livability gradescore 66/100

Livability — Scott

Score
66/100
State rank
#116
US rank
#11265

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Scott, LA
County
Lafayette · 280,930 people
City population
8,670
Metro
Lafayette, LA
Population (ZIP)
8,670
Household income
$52,856
Rent vs Own
28.8% rent · 71.2% own
Severe rent burden
13% of renters

Population outlook (Lafayette County) Hauer SSP2

Today (2025)
280,930 people
By 2030
301,092 · +7.2%
By 2040
339,456 · +20.8%
By 2050
375,156 · +33.5%
By 2075
451,672 · +60.8%
By 2100
497,203 · +77.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Hispanic / Latino 16% Black 13% Two or more races 11%
Hispanic origin (detail)
Mexican 7% Cuban 2%
Common ancestry
Lithuanian 11% Slovak 3% Italian 1%
Foreign-born
11% · Canada
Languages at home
81% English-only · Spanish 12% French/Haitian/Cajun 7%

Political lean MEDSL · Lafayette

2024 margin
Solid R (+31.4) · D 33.5% · R 64.8% · Other 1.7%
2008→2024 swing
-0.1pp no change · 2008: -31.3pp · 2024: -31.4pp
All cycles
2024: R+31.4 2020: R+28.7 2016: R+33.6 2012: R+33.7 2008: R+31.3

Not yet ingested

Civics

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-03-04 Listed $267,500 Zillow
  • 2025-10-08 Listed $267,500 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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