153 Duperier Ave · New Iberia, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +28.9/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +7.1/10.0
- Livability +3.7/5.0
- Schools +3.2/10.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$139,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming South Louisiana raised cottage with Creole Cottage influences, ideally located within walking distance to Downtown New Iberia and City Park. Situated on a double lot totaling approximately 0.54 acres, this property offers street-to-street access from Duperier Ave to Hortense St, providing exceptional space and versatility. A large front porch invites you inside, where a beautiful stained-glass door with matching transom sets the tone for the character found throughout this 1930s home. Inside, five rooms branch off the entrance hallway. To the right, the living room features an electric fireplace and direct access to the screened-in porch--perfect for morning coffee or evening wine. Across the hall, the first bedroom offers convenient access to the hall bathroom with a classic clawfoot tub. Bedrooms two and three share a second bathroom, also featuring a clawfoot tub. At the end of the hallway is a flexible room ideal for a formal dining room, office, sitting room, or playroom, with access to the spacious laundry room and the third bedroom. The kitchen spans the back of the home and offers ample room for dining, an island, or additional cabinetry, with access to the patio deck overlooking the expansive backyard. With two lots and abundant outdoor space, this home is ready for its next owner to modernize while preserving the timeless character and craftsmanship that make it truly special.
Key facts
- Screened in porch
- Large front porch
- Stained glass door
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $139k.
Deal economics
- At list price, monthly cash flow is $472 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $139k).
- Recommended offer: $126k (9.0% below list) — sets the bar for market timing.
- Cap rate 10.4% vs local median 5.8% in New Iberia — 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 73/100 on livability (#33 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, crime F, employment F.
- Iberia Parish (other): math 32% / reading 43% proficiency, ranked #27 of 98 in LA (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 141 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 94 units permitted in Iberia Parish in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $961 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Iberia County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 119 days — a 9% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 2y ago; this cycle's ask has dropped $20k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $60k; list at $139k implies a 132% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.21% ✓
- Cap rate
- 10.37%
- Cash-on-cash
- 14.56%
- DSCR
- 1.65
- GRM
- 6.9
CMA / ARV
- ARV (median comp)
- $196,607
- List price
- $139,000
- Delta
- -29.30%
- 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 |
|---|---|---|---|---|---|---|---|
| 153 Duperier Ave | 0.00mi | 3/2.0 | 2,108 (0%) | 0mo | $125,000 | $59 | 100 |
| 3 Carmel Bnd | 0.42mi | 3/2.0 | 1,977 (-6%) | 3mo | $330,000 | $167 | 68 |
| 601 Napoleon Ave | 0.62mi | 3/2.5 | 2,165 (+3%) | 1mo | $247,000 | $114 | 64 |
| 37 Prairie Ave | 0.46mi | 3/2.0 | 1,988 (-6%) | 7mo | $198,000 | $100 | 63 |
| 124 Taylor St | 0.45mi | 3/2.0 | 1,965 (-7%) | 10mo | $135,876 | $69 | 59 |
| 510 Ashton St | 0.58mi | 2/2.0 (-1) | 2,000 (-5%) | 1mo | $105,500 | $53 | 59 |
| 617 E St. Peter St | 0.61mi | 3/2.0 | 1,963 (-7%) | 8mo | $27,000 | $14 | 54 |
| 119 Vine St | 0.66mi | 4/2.5 (+1) | 2,075 (-2%) | 8mo | $120,000 | $58 | 52 |
| 102 Myrtle Oak Dr | 0.63mi | 4/2.0 (+1) | 2,267 (+8%) | 1mo | $130,000 | $57 | 52 |
| 122 French St | 0.33mi | 2/2.5 (-1) | 1,793 (-15%) | 1mo | $155,000 | $86 | 52 |
| 403 Azalea Dr | 0.70mi | 3/2.0 | 2,344 (+11%) | 9mo | $165,000 | $70 | 41 |
| 309 Azalea Dr | 0.69mi | 4/2.0 (+1) | 1,800 (-15%) | 3mo | $160,000 | $89 | 36 |
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
- IRR
- 5.0%
- Equity multiple
- 1.19×
- Total profit
- $7,522
- Equity at exit
- $20,725
- IRR
- 14.4%
- Equity multiple
- 2.16×
- Total profit
- $45,133
- Equity at exit
- $12,018
Cash invested: $38,920 (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
ZIP-level market 70563
- Home prices YoY
- -35.0%
- Active inventory
- 141
- Price-to-rent
- 6.9×
Monthly cashflow live
- Estimated rent
- $1,683 medium interval (Pro) →
- Mortgage (P&I)
- −$729
- Tax from tax record
- −$70 /mo · $844/yr
- Insurance
- −$58
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$353
- Net cashflow
- $472
Break-even live
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
- $34,750
- Closing costs
- $4,170
- 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.
Rent comps 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 120 Guadalajara St New Iberia, LA | 3.0 | 2.0 | 2278 | $1,600 | $0.70 | 21d | 1 | 1.36mi |
| 919 Russo St New Iberia, LA | 3.0 | 2.0 | 1520 | $1,800 | $1.18 | 21d | 1 | 1.49mi |
Listing history 16 events
-
2026-05-16status Pending 1418-char remark
Show marketing remark (1418 chars)
Charming South Louisiana raised cottage with Creole Cottage influences, ideally located within walking distance to Downtown New Iberia and City Park. Situated on a double lot totaling approximately 0.54 acres, this property offers street-to-street access from Duperier Ave to Hortense St, providing exceptional space and versatility. A large front porch invites you inside, where a beautiful stained-glass door with matching transom sets the tone for the character found throughout this 1930s home. Inside, five rooms branch off the entrance hallway. To the right, the living room features an electric fireplace and direct access to the screened-in porch--perfect for morning coffee or evening wine. Across the hall, the first bedroom offers convenient access to the hall bathroom with a classic clawfoot tub. Bedrooms two and three share a second bathroom, also featuring a clawfoot tub. At the end of the hallway is a flexible room ideal for a formal dining room, office, sitting room, or playroom, with access to the spacious laundry room and the third bedroom. The kitchen spans the back of the home and offers ample room for dining, an island, or additional cabinetry, with access to the patio deck overlooking the expansive backyard. With two lots and abundant outdoor space, this home is ready for its next owner to modernize while preserving the timeless character and craftsmanship that make it truly special.
-
2026-04-06price $139,000 1418-char remark
Show marketing remark (1418 chars)
Charming South Louisiana raised cottage with Creole Cottage influences, ideally located within walking distance to Downtown New Iberia and City Park. Situated on a double lot totaling approximately 0.54 acres, this property offers street-to-street access from Duperier Ave to Hortense St, providing exceptional space and versatility. A large front porch invites you inside, where a beautiful stained-glass door with matching transom sets the tone for the character found throughout this 1930s home. Inside, five rooms branch off the entrance hallway. To the right, the living room features an electric fireplace and direct access to the screened-in porch--perfect for morning coffee or evening wine. Across the hall, the first bedroom offers convenient access to the hall bathroom with a classic clawfoot tub. Bedrooms two and three share a second bathroom, also featuring a clawfoot tub. At the end of the hallway is a flexible room ideal for a formal dining room, office, sitting room, or playroom, with access to the spacious laundry room and the third bedroom. The kitchen spans the back of the home and offers ample room for dining, an island, or additional cabinetry, with access to the patio deck overlooking the expansive backyard. With two lots and abundant outdoor space, this home is ready for its next owner to modernize while preserving the timeless character and craftsmanship that make it truly special.
-
2026-03-03price $144,000 1418-char remark
Show marketing remark (1418 chars)
Charming South Louisiana raised cottage with Creole Cottage influences, ideally located within walking distance to Downtown New Iberia and City Park. Situated on a double lot totaling approximately 0.54 acres, this property offers street-to-street access from Duperier Ave to Hortense St, providing exceptional space and versatility. A large front porch invites you inside, where a beautiful stained-glass door with matching transom sets the tone for the character found throughout this 1930s home. Inside, five rooms branch off the entrance hallway. To the right, the living room features an electric fireplace and direct access to the screened-in porch--perfect for morning coffee or evening wine. Across the hall, the first bedroom offers convenient access to the hall bathroom with a classic clawfoot tub. Bedrooms two and three share a second bathroom, also featuring a clawfoot tub. At the end of the hallway is a flexible room ideal for a formal dining room, office, sitting room, or playroom, with access to the spacious laundry room and the third bedroom. The kitchen spans the back of the home and offers ample room for dining, an island, or additional cabinetry, with access to the patio deck overlooking the expansive backyard. With two lots and abundant outdoor space, this home is ready for its next owner to modernize while preserving the timeless character and craftsmanship that make it truly special.
-
2026-02-07price $149,000 1418-char remark
Show marketing remark (1418 chars)
Charming South Louisiana raised cottage with Creole Cottage influences, ideally located within walking distance to Downtown New Iberia and City Park. Situated on a double lot totaling approximately 0.54 acres, this property offers street-to-street access from Duperier Ave to Hortense St, providing exceptional space and versatility. A large front porch invites you inside, where a beautiful stained-glass door with matching transom sets the tone for the character found throughout this 1930s home. Inside, five rooms branch off the entrance hallway. To the right, the living room features an electric fireplace and direct access to the screened-in porch--perfect for morning coffee or evening wine. Across the hall, the first bedroom offers convenient access to the hall bathroom with a classic clawfoot tub. Bedrooms two and three share a second bathroom, also featuring a clawfoot tub. At the end of the hallway is a flexible room ideal for a formal dining room, office, sitting room, or playroom, with access to the spacious laundry room and the third bedroom. The kitchen spans the back of the home and offers ample room for dining, an island, or additional cabinetry, with access to the patio deck overlooking the expansive backyard. With two lots and abundant outdoor space, this home is ready for its next owner to modernize while preserving the timeless character and craftsmanship that make it truly special.
-
2026-01-14$159,000 Active 1418-char remark
Show marketing remark (1418 chars)
Charming South Louisiana raised cottage with Creole Cottage influences, ideally located within walking distance to Downtown New Iberia and City Park. Situated on a double lot totaling approximately 0.54 acres, this property offers street-to-street access from Duperier Ave to Hortense St, providing exceptional space and versatility. A large front porch invites you inside, where a beautiful stained-glass door with matching transom sets the tone for the character found throughout this 1930s home. Inside, five rooms branch off the entrance hallway. To the right, the living room features an electric fireplace and direct access to the screened-in porch--perfect for morning coffee or evening wine. Across the hall, the first bedroom offers convenient access to the hall bathroom with a classic clawfoot tub. Bedrooms two and three share a second bathroom, also featuring a clawfoot tub. At the end of the hallway is a flexible room ideal for a formal dining room, office, sitting room, or playroom, with access to the spacious laundry room and the third bedroom. The kitchen spans the back of the home and offers ample room for dining, an island, or additional cabinetry, with access to the patio deck overlooking the expansive backyard. With two lots and abundant outdoor space, this home is ready for its next owner to modernize while preserving the timeless character and craftsmanship that make it truly special.
-
2025-10-29price $159,900
-
2025-09-03status Active
-
2025-09-03price $165,000
-
2025-03-26price $175,000
-
2024-12-23price $179,500
-
2024-11-04status Active
-
2024-08-19price $189,000
-
2024-04-30$198,000 Active
-
2005-07-12soldstatus $60,000
-
2005-06-20soldstatus
-
2005-06-15soldstatus
ⓘ 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
- $844 · $70/mo
- Projected year-2 tax
- $844 · $70/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,195
- − Mortgage interest
- −$7,786
- − Property taxes
- −$844
- − Insurance
- −$695
- − Repairs & maintenance
- −$1,616
- − Management
- −$1,616
- − Depreciation
- −$4,044
- Taxable income
- $3,595
- Est. tax owed @ 24.0%
- −$863
- After-tax cash flow
- $4,805/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
- Iberia Parish
- NCES district ID
- 2200720
- Math proficiency
- 32% ▼ -43.00%
- Reading proficiency
- 43% ▼ -35.00%
- Median HH income
- $43,289
- Composite
- 31.74/100
- National rank
- #5904
- State rank
- #27 of 98 in LA
Livability — New Iberia
- Score
- 73/100
- State rank
- #33
- US rank
- #5376
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- New Iberia, LA
- Population (ZIP)
- 19,947
Population outlook (Iberia County) Hauer SSP2
- Today (2025)
- 74,632 people
- By 2030
- 74,368 · -0.4%
- By 2040
- 73,223 · -1.9%
- By 2050
- 71,728 · -3.9%
- By 2075
- 69,028 · -7.5%
- By 2100
- 65,018 · -12.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (74%)
- Race & ethnicity
- White 74% Black 16% Two or more races 5% Hispanic / Latino 5% Asian 2%
- Common ancestry
- Lithuanian 19% Slovak 1% Romanian 1%
- Foreign-born
- 2% · Canada, China
- Languages at home
- 91% English-only · French/Haitian/Cajun 4% Spanish 2% Other Indo-European 1%
Political lean MEDSL · Iberia
- 2024 margin
- Solid R (+34.1) · D 32.4% · R 66.5% · Other 1.1%
- 2008→2024 swing
- -11.1pp toward R · 2008: -23.0pp · 2024: -34.1pp
- All cycles
- 2024: R+34.1 2020: R+31.2 2016: R+31.4 2012: R+26.2 2008: R+23.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -78.52%
- Current HPI
- 146.1556
- 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
+131.7% since first listed16 events — show timeline
- 2026-05-16 Pending — AcadianaMLS
- 2026-04-06 Price Changed $139,000 AcadianaMLS
- 2026-03-03 Price Changed $144,000 AcadianaMLS
- 2026-02-07 Price Changed $149,000 AcadianaMLS
- 2026-01-14 Listed $159,000 AcadianaMLS
- 2025-10-29 Price Changed $159,900 AcadianaMLS
- 2025-09-03 Relisted — AcadianaMLS
- 2025-09-03 Price Changed $165,000 AcadianaMLS
- 2025-03-26 Price Changed $175,000 AcadianaMLS
- 2024-12-23 Price Changed $179,500 AcadianaMLS
- 2024-11-04 Relisted — AcadianaMLS
- 2024-08-19 Price Changed $189,000 AcadianaMLS
- 2024-04-30 Listed $198,000 AcadianaMLS
- 2005-07-12 Sold (Public Records) $60,000 Public Records
- 2005-06-20 Sold (Public Records) — Public Records
- 2005-06-15 Sold (Public Records) — Public Records
Property tax history
-2.2%/yrLatest (2025): $844 · +2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…