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145 Doucet Dr
A- Composite 82.23
Why this score? — see what drove the A- 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
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +5.2/10.0
  • Livability +3.6/5.0
  • Schools +3.4/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$35,000

145 Doucet Dr · Golden Meadow, LA 70357
2 bd · 2.0 ba · 900 sqft · Other public records · 345 Days on market
Built 1950 9,583 sqft lot $39/sqft · 20% below area Est $68k · 49% under ↓ 30% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property--this one checks all the boxes! Call today to schedule your showing!

Key facts

  • New metal roof
  • Boat parking
  • Future expansion

Tags

NEW METAL ROOFSPACIOUS LOTBOAT PARKINGOUTDOOR ENTERTAININGFUTURE EXPANSION

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 2-bed/2.0-bath other listed at $35k.

Deal economics

  • At list price, monthly cash flow is $44 ($532/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($857 rent vs $35k).
  • Recommended offer: $31k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 71/100 on livability (#46 in LA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • Lafourche Parish (other): math 31% / reading 49% proficiency, ranked #22 of 98 in LA (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 40 active listings in the ZIP; 319 units permitted in Lafourche Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $407 of equity ($242 loan paydown + $165 appreciation (0.5% local appreciation)).
  • At projected returns (0.5% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 345 days — a 12% lower offer ($31k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $15k (30%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $30,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 345 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 1950 — 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. 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
2.45%
Cap rate
22.44%
Cash-on-cash
57.65%
DSCR
3.57
GRM
3.4

CMA / ARV

ARV (median comp)
$68,053
List price
$35,000
Delta
-48.57%
Verdict
UNDERPRICED
Comps
5 within 1.0 mi

Projected returns pro-forma

0.47% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
5.9%
Equity multiple
1.29×
Total profit
$2,835
Equity at exit
$10,998
10-year hold
IRR
11.0%
Equity multiple
2.29×
Total profit
$12,626
Equity at exit
$13,906

Cash invested: $9,800 (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.

ZIP-level market 70357

Home prices YoY
0.9%
Active inventory
40
Price-to-rent
3.4×

Monthly cashflow live

Estimated rent
$857 medium interval (Pro) →
Mortgage (P&I)
$184
Tax from tax record
$8 /mo · $93/yr
Insurance
$15
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$180
Net cashflow
$44

Break-even live

Break-even rent $801
Max offer price $35,000
Occupancy floor 90%

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
$8,750
Closing costs
$1,050
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 25 events

  1. 2026-06-19
    days on market $35,000 Active 345 DOM
  2. 2026-06-18
    days on market $35,000 Active 344 DOM
  3. 2026-06-17
    days on market $35,000 Active 343 DOM
  4. 2026-06-16
    days on market $35,000 Active 342 DOM
  5. 2026-06-15
    days on market $35,000 Active 341 DOM
  6. 2026-06-14
    days on market $35,000 Active 339 DOM
  7. 2026-06-13
    days on market $35,000 Active 338 DOM
  8. 2026-06-10
    days on market $35,000 Active 336 DOM
  9. 2026-06-09
    days on market $35,000 Active 335 DOM
  10. 2026-06-08
    days on market $35,000 Active 334 DOM
  11. 2026-06-07
    days on market $35,000 Active 333 DOM
  12. 2026-06-05
    days on market $35,000 Active 330 DOM
  13. 2026-06-03
    days on market $35,000 Active 329 DOM
  14. 2026-06-02
    days on market $35,000 Active 328 DOM
  15. 2026-06-01
    days on market $35,000 Active 327 DOM
  16. 2026-05-31
    days on market $35,000 Active 326 DOM
  17. 2026-05-30
    days on market $35,000 Active 325 DOM
  18. 2026-05-08
    price $35,000 612-char remark
    Show marketing remark (618 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property—this one checks all the boxes! Call today to schedule your showing!

  19. 2026-05-08
    price $35,000 618-char remark
    Show marketing remark (618 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property—this one checks all the boxes! Call today to schedule your showing!

  20. 2026-04-03
    price $40,000 612-char remark
    Show marketing remark (618 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property—this one checks all the boxes! Call today to schedule your showing!

  21. 2026-04-03
    price $40,000 618-char remark
    Show marketing remark (618 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property—this one checks all the boxes! Call today to schedule your showing!

  22. 2025-08-06
    price $45,000 612-char remark
    Show marketing remark (618 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property—this one checks all the boxes! Call today to schedule your showing!

  23. 2025-08-06
    price $45,000 618-char remark
    Show marketing remark (618 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property—this one checks all the boxes! Call today to schedule your showing!

  24. 2025-07-09
    listed $50,000 Active 618-char remark
    Show marketing remark (612 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property--this one checks all the boxes! Call today to schedule your showing!

  25. 2025-07-09
    listed $50,000 Active 612-char remark
    Show marketing remark (612 chars)

    Looking for a great fixer-upper, fishing camp, or investment opportunity? This well-built 2 bedroom, 2 bathroom home is full of potential and sits on a lovely 120x80 lot just off of Hwy 3235 in Golden Meadow. Featuring a brand new metal roof and a solid structure, this home offers peace of mind and plenty of room to make it your own. The spacious lot provides room for boat parking, outdoor entertaining, or future expansion. Whether you're a first-time buyer, looking for a weekend getaway near the water, or searching for a rental property--this one checks all the boxes! Call today to schedule your showing!

ⓘ 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
$93 · $8/mo
Projected year-2 tax
$192 · $16/mo
Expected delta
+$99/yr (+$8/mo · 106.5%)

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

Climate risk First Street

  • 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥106°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 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
$10,280
− Mortgage interest
−$1,961
− Property taxes
−$93
− Insurance
−$5,294
− Repairs & maintenance
−$822
− Management
−$822
− Depreciation
−$1,018
Taxable income
$269
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$65
After-tax cash flow
$467/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
Lafourche Parish
NCES district ID
2200900
Math proficiency
31% ▼ -43.00%
Reading proficiency
49% ▼ -32.00%
Median HH income
$49,703
Composite
34.4/100
National rank
#5205
State rank
#22 of 98 in LA

Livability — Golden Meadow

Score
71/100
State rank
#46
US rank
#6908

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Golden Meadow, LA
Population (ZIP)
2,401

Population outlook (Lafourche County) Hauer SSP2

Today (2025)
102,122 people
By 2030
103,361 · +1.2%
By 2040
104,401 · +2.2%
By 2050
102,795 · +0.7%
By 2075
95,599 · -6.4%
By 2100
82,303 · -19.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (81%)
Race & ethnicity
White 81% Hispanic / Latino 6% Two or more races 6% Native American 5%
Hispanic origin (detail)
Mexican 1%
Common ancestry
Lithuanian 12% Danish 1%
Foreign-born
6% · Canada, China
Languages at home
75% English-only · French/Haitian/Cajun 19% Spanish 5%

Political lean MEDSL · Lafourche

2024 margin
Solid R (+62.1) · D 18.4% · R 80.4% · Other 1.2%
2008→2024 swing
-16.1pp toward R · 2008: -46.0pp · 2024: -62.1pp
All cycles
2024: R+62.1 2020: R+60.3 2016: R+56.5 2012: R+48.5 2008: R+46.0

Not yet ingested

Civics

Market trends

HPI YoY
▲ 0.47%
Current HPI
55.3337
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

-30.0% since first listed
8 events — show timeline
  • 2026-05-08 Price Changed $35,000 AcadianaMLS
  • 2026-05-08 Price Changed $35,000 GBRMLS
  • 2026-04-03 Price Changed $40,000 AcadianaMLS
  • 2026-04-03 Price Changed $40,000 GBRMLS
  • 2025-08-06 Price Changed $45,000 AcadianaMLS
  • 2025-08-06 Price Changed $45,000 GBRMLS
  • 2025-07-09 Listed $50,000 GBRMLS
  • 2025-07-09 Listed $50,000 AcadianaMLS

Property tax history

-19.2%/yr

Latest (2024): $93 · -30.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…