77845 Belmont Ln · Maringouin, LA 70757

$135,000

3 bd · 2.0 ba · 1,352 sqft · SingleFamily · 27 Days on market

Built 2008 0.34 ac lot

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Why this score? — see what drove the C- 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 +19.3/30.0
• ARV discount +7.5/15.0
• DSCR +6.1/10.0
• Appreciation +5.0/10.0
• 1% rule +3.8/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks MLS

Enjoy peaceful country living on a spacious lot with beautiful mature trees and wide-open farmland views! Flood zone X! Welcome to this well-maintained 3 bedroom, 2 bathroom double-wide home sits on a large country lot surrounded by peaceful farmland views and beautiful mature trees, including a stunning large shade tree in the front yard that provides wonderful curb appeal and shade. The property offers plenty of outdoor space, while still providing a comfortable and functional layout inside. The home features a spacious living room with an electric fireplace and mantle, creating a warm and inviting space for entertaining. The open kitchen and dining area offers an open floor plan with abundant cabinetry for storage, stainless steel appliances, and a center island that provides additional prep space and seating. The primary suite includes a walk-in closet and a private en-suite bathroom with double vanities, a large soaking tub, and separate shower. Two additional bedrooms share a full guest bathroom, making the layout ideal for family or guests. Outside, enjoy the extended covered patio that overlooks the large yard, perfect for relaxing and enjoying the peaceful setting. The property also features an attached covered carport for protected parking, a limestone driveway with additional parking space, and a storage shed in the backyard for tools and equipment. A durable metal roof less than five years old adds long-term value and peace of mind. With its large lot, mature shade trees, covered outdoor space, storage building, and quiet rural setting, this property offers the perfect combination of comfort, space, and country charm.

Key facts

• Open floor plan
• Large country lot
• Farmland views

Tags

• LARGE COUNTRY LOT
• MATURE TREES
• FARMLAND VIEWS
• OUTDOOR SPACE
• ELECTRIC FIREPLACE
• OPEN FLOOR PLAN

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $149 ($2k/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 $119k (11.7% below list).
• Recommended offer: $119k (11.7% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#163 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools B; Watch: employment D, crime F, amenities F.
• Iberville Parish (rural): math 23% / reading 34% proficiency, ranked #45 of 98 in LA (top 46%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 76% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 8 active listings in the ZIP; 117 units permitted in Iberville Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($933 loan paydown + $4k appreciation (3.0% local appreciation)).
• Iberville County population projected to shrink 6% 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 $38k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($133k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

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 $119,261 (11.7% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 7.62%
• Cash-on-cash: 4.73%
• DSCR: 1.21
• GRM: 9.4

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: 11.9%
• Equity multiple: 1.68×
• Total profit: $25,694
• Equity at exit: $60,702

10-year hold

• IRR: 14.0%
• Equity multiple: 3.07×
• Total profit: $78,082
• Equity at exit: $93,549

Cash invested: $37,800 (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.

Methodology + full state rankings →

ZIP-level market 70757

• Active inventory: 8
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,193 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$29 /mo · $346/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$250
• Net cashflow: $149

Break-even live

Break-even rent $1,004

Max offer price $135,000

Occupancy floor 82%

Sensitivity live

Price	-10% $226	-5% $187	+0% $149	+5% $111	+10% $73
Rent	-10% $55	-5% $102	+0% $149	+5% $196	+10% $243
Rate	-1.0pp $217	-0.5pp $183	base $149	+0.5pp $114	+1.0pp $79

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-03-30
   status Pending 1657-char remark

   Show marketing remark (1657 chars)

   Enjoy peaceful country living on a spacious lot with beautiful mature trees and wide-open farmland views! Flood zone X! Welcome to this well-maintained 3 bedroom, 2 bathroom double-wide home sits on a large country lot surrounded by peaceful farmland views and beautiful mature trees, including a stunning large shade tree in the front yard that provides wonderful curb appeal and shade. The property offers plenty of outdoor space, while still providing a comfortable and functional layout inside. The home features a spacious living room with an electric fireplace and mantle, creating a warm and inviting space for entertaining. The open kitchen and dining area offers an open floor plan with abundant cabinetry for storage, stainless steel appliances, and a center island that provides additional prep space and seating. The primary suite includes a walk-in closet and a private en-suite bathroom with double vanities, a large soaking tub, and separate shower. Two additional bedrooms share a full guest bathroom, making the layout ideal for family or guests. Outside, enjoy the extended covered patio that overlooks the large yard, perfect for relaxing and enjoying the peaceful setting. The property also features an attached covered carport for protected parking, a limestone driveway with additional parking space, and a storage shed in the backyard for tools and equipment. A durable metal roof less than five years old adds long-term value and peace of mind. With its large lot, mature shade trees, covered outdoor space, storage building, and quiet rural setting, this property offers the perfect combination of comfort, space, and country charm.

2. 2026-03-30
   status Pending

   Show marketing remark (1657 chars)

   Enjoy peaceful country living on a spacious lot with beautiful mature trees and wide-open farmland views! Flood zone X! Welcome to this well-maintained 3 bedroom, 2 bathroom double-wide home sits on a large country lot surrounded by peaceful farmland views and beautiful mature trees, including a stunning large shade tree in the front yard that provides wonderful curb appeal and shade. The property offers plenty of outdoor space, while still providing a comfortable and functional layout inside. The home features a spacious living room with an electric fireplace and mantle, creating a warm and inviting space for entertaining. The open kitchen and dining area offers an open floor plan with abundant cabinetry for storage, stainless steel appliances, and a center island that provides additional prep space and seating. The primary suite includes a walk-in closet and a private en-suite bathroom with double vanities, a large soaking tub, and separate shower. Two additional bedrooms share a full guest bathroom, making the layout ideal for family or guests. Outside, enjoy the extended covered patio that overlooks the large yard, perfect for relaxing and enjoying the peaceful setting. The property also features an attached covered carport for protected parking, a limestone driveway with additional parking space, and a storage shed in the backyard for tools and equipment. A durable metal roof less than five years old adds long-term value and peace of mind. With its large lot, mature shade trees, covered outdoor space, storage building, and quiet rural setting, this property offers the perfect combination of comfort, space, and country charm.

3. 2026-03-03
   listed $135,000 Active 1657-char remark

   Show marketing remark (1657 chars)

   Enjoy peaceful country living on a spacious lot with beautiful mature trees and wide-open farmland views! Flood zone X! Welcome to this well-maintained 3 bedroom, 2 bathroom double-wide home sits on a large country lot surrounded by peaceful farmland views and beautiful mature trees, including a stunning large shade tree in the front yard that provides wonderful curb appeal and shade. The property offers plenty of outdoor space, while still providing a comfortable and functional layout inside. The home features a spacious living room with an electric fireplace and mantle, creating a warm and inviting space for entertaining. The open kitchen and dining area offers an open floor plan with abundant cabinetry for storage, stainless steel appliances, and a center island that provides additional prep space and seating. The primary suite includes a walk-in closet and a private en-suite bathroom with double vanities, a large soaking tub, and separate shower. Two additional bedrooms share a full guest bathroom, making the layout ideal for family or guests. Outside, enjoy the extended covered patio that overlooks the large yard, perfect for relaxing and enjoying the peaceful setting. The property also features an attached covered carport for protected parking, a limestone driveway with additional parking space, and a storage shed in the backyard for tools and equipment. A durable metal roof less than five years old adds long-term value and peace of mind. With its large lot, mature shade trees, covered outdoor space, storage building, and quiet rural setting, this property offers the perfect combination of comfort, space, and country charm.

4. 2026-03-03
   listed $135,000 Active

   Show marketing remark (1657 chars)

   Enjoy peaceful country living on a spacious lot with beautiful mature trees and wide-open farmland views! Flood zone X! Welcome to this well-maintained 3 bedroom, 2 bathroom double-wide home sits on a large country lot surrounded by peaceful farmland views and beautiful mature trees, including a stunning large shade tree in the front yard that provides wonderful curb appeal and shade. The property offers plenty of outdoor space, while still providing a comfortable and functional layout inside. The home features a spacious living room with an electric fireplace and mantle, creating a warm and inviting space for entertaining. The open kitchen and dining area offers an open floor plan with abundant cabinetry for storage, stainless steel appliances, and a center island that provides additional prep space and seating. The primary suite includes a walk-in closet and a private en-suite bathroom with double vanities, a large soaking tub, and separate shower. Two additional bedrooms share a full guest bathroom, making the layout ideal for family or guests. Outside, enjoy the extended covered patio that overlooks the large yard, perfect for relaxing and enjoying the peaceful setting. The property also features an attached covered carport for protected parking, a limestone driveway with additional parking space, and a storage shed in the backyard for tools and equipment. A durable metal roof less than five years old adds long-term value and peace of mind. With its large lot, mature shade trees, covered outdoor space, storage building, and quiet rural setting, this property offers the perfect combination of comfort, space, and country charm.

ⓘ 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: $346 · $29/mo
• Projected year-2 tax: $742 · $62/mo
• Expected delta: +$397/yr (+$33/mo · 114.7%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,311
• − Mortgage interest: −$7,562
• − Property taxes: −$346
• − Insurance: −$675
• − Repairs & maintenance: −$1,145
• − Management: −$1,145
• − Depreciation: −$3,927
• Taxable loss: −$489
• Est. tax savings @ 24.0%: +$117
• After-tax cash flow: $1,907/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: Iberville Parish
• NCES district ID: 2200750
• Math proficiency: 23% ▼ -43.00%
• Reading proficiency: 34% ▼ -35.00%
• Median HH income: $44,386
• Composite: 24.38/100
• National rank: #7690
• State rank: #45 of 98 in LA

Livability — Maringouin

• Score: 64/100
• State rank: #163
• US rank: #13898

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Maringouin, LA
• Population (ZIP): 2,204

Population outlook (Iberville County) Hauer SSP2

• Today (2025): 33,056 people
• By 2030: 32,819 · -0.7%
• By 2040: 32,043 · -3.1%
• By 2050: 30,956 · -6.4%
• By 2075: 28,314 · -14.3%
• By 2100: 23,559 · -28.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 45% Black 40% Two or more races 13% Hispanic / Latino 2%
• Common ancestry: Lithuanian 6%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3% French/Haitian/Cajun 1%

Political lean MEDSL · Iberville

• 2024 margin: Toss-up / Even · D 48.9% · R 49.6% · Other 1.5%
• 2008→2024 swing: -11.9pp toward R · 2008: 11.2pp · 2024: -0.7pp
• All cycles: 2024: R+0.7 2020: D+3.7 2016: D+6.3 2012: D+13.4 2008: D+11.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

+0.0% since first listed

4 events — show timeline

• 2026-03-30 Pending — AcadianaMLS
• 2026-03-30 Pending — GBRMLS
• 2026-03-03 Listed $135,000 GBRMLS
• 2026-03-03 Listed $135,000 AcadianaMLS

Property tax history

+0.1%/yr

Latest (2024): $346 · +0.3% YoY. Source: county tax records.