1713 Ewel St · Sulphur, LA
Flood risk 7/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.95%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 3/10 · Minor
- 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
- 24 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +4.4/5.0
- Livability +3.6/5.0
- Schools +3.1/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$94,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to 1713 Ewel St, a charming and recently renovated single-family residence nestled in the heart of Sulphur, LA. With its 3 cozy bedrooms, 2 modern bathrooms, and a nice sized 0.15 acre lot, this home is a perfect match for those embarking on their homeownership journey or savvy investors looking for a profitable opportunity. Step inside and you'll be greeted by 1375 square feet of inviting living space, featuring an open floor plan that seamlessly connects the living room to an updated kitchen equipped with a full suite of appliances that remain with the home - including a stove, dishwasher, refrigerator, washer and dryer. The bathrooms have also been tastefully upgraded to offer comfort and style. While the floors await your personal touch, rest easy knowing that the major updates like the HVAC system and roof were completed in 2021, ensuring a peace of mind for years to come. The fenced-in backyard boasts a practical storage shed and a cozy space for relaxation or entertaining. Previously rented at $1,000 per month, this property has proven income potential. With three parking spaces included, this adorable cottage is ready to be called home or to become your next investment success. Don't miss out on this Sulphur gem!
Key facts
- Open floor plan
- Fenced in backyard
- Updated kitchen
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath land listed at $94k.
Deal economics
- At list price, monthly cash flow is $120 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $94k).
- Recommended offer: $83k (12.0% below list) — sets the bar for market timing.
- Cap rate 13.3% vs local median 8.8% in Sulphur — 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 71/100 on livability (#48 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: crime D-, amenities F, commute F.
- Calcasieu Parish (other): math 30% / reading 44% proficiency, ranked #29 of 98 in LA (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising fast (+7.7%/yr); 291 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $650 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Calcasieu County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 7.7% rent growth), your $26k cash investment doubles in ~8 years — after that, you're playing with house money.
Negotiation context
- It's been on market 318 days — a 12% lower offer ($83k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 8y ago; this cycle's ask has dropped $9k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $45k; list at $94k implies a 109% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; built in 1954 — 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.
Questions for the listing agent
- It's been on market 318 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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 A-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 D 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
- 1.61% ✓
- Cap rate
- 13.28%
- Cash-on-cash
- 24.94%
- DSCR
- 2.11
- GRM
- 5.2
CMA / ARV
- ARV (median comp)
- $141,924
- List price
- $94,000
- Delta
- -33.77%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 7.65% rent growth · sell at horizon
- IRR
- 0.1%
- Equity multiple
- 1.01×
- Total profit
- $146
- Equity at exit
- $14,016
- IRR
- 15.8%
- Equity multiple
- 2.70×
- Total profit
- $44,685
- Equity at exit
- $8,127
Cash invested: $26,320 (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 70663
- Rents YoY
- 7.7%
- Active inventory
- 291
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $1,515 medium interval (Pro) →
- Mortgage (P&I)
- −$493
- Tax est. 1.5%
- −$118 /mo · $1,410/yr
- Insurance
- −$39
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$318
- Net cashflow
- $120
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
- $23,500
- Closing costs
- $2,820
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1917 Linda Ave Sulphur, LA | 3.0 | 2.0 | 1288 | $1,890 | $1.47 | 43d | 1 | 1.36mi |
Listing history 24 events
-
2026-06-19days on market $94,000 Active 318 DOM
-
2026-06-18days on market $94,000 Active 317 DOM
-
2026-06-17days on market $94,000 Active 316 DOM
-
2026-06-16days on market $94,000 Active 315 DOM
-
2026-06-15days on market $94,000 Active 314 DOM
-
2026-06-14days on market $94,000 Active 312 DOM
-
2026-06-13days on market $94,000 Active 311 DOM
-
2026-06-10days on market $94,000 Active 309 DOM
-
2026-06-09days on market $94,000 Active 308 DOM
-
2026-06-08days on market $94,000 Active 307 DOM
-
2026-06-07days on market $94,000 Active 306 DOM
-
2026-06-05days on market $94,000 Active 303 DOM
-
2026-06-02days on market $94,000 Active 301 DOM
-
2026-06-01days on market $94,000 Active 300 DOM
-
2026-05-31days on market $94,000 Active 299 DOM
-
2026-05-30days on market $94,000 Active 298 DOM
-
2026-04-23price $94,000 1248-char remark
Show marketing remark (1248 chars)
Welcome to 1713 Ewel St, a charming and recently renovated single-family residence nestled in the heart of Sulphur, LA. With its 3 cozy bedrooms, 2 modern bathrooms, and a nice sized 0.15 acre lot, this home is a perfect match for those embarking on their homeownership journey or savvy investors looking for a profitable opportunity. Step inside and you'll be greeted by 1375 square feet of inviting living space, featuring an open floor plan that seamlessly connects the living room to an updated kitchen equipped with a full suite of appliances that remain with the home - including a stove, dishwasher, refrigerator, washer and dryer. The bathrooms have also been tastefully upgraded to offer comfort and style. While the floors await your personal touch, rest easy knowing that the major updates like the HVAC system and roof were completed in 2021, ensuring a peace of mind for years to come. The fenced-in backyard boasts a practical storage shed and a cozy space for relaxation or entertaining. Previously rented at $1,000 per month, this property has proven income potential. With three parking spaces included, this adorable cottage is ready to be called home or to become your next investment success. Don't miss out on this Sulphur gem!
-
2025-09-23price $98,000 1248-char remark
Show marketing remark (1248 chars)
Welcome to 1713 Ewel St, a charming and recently renovated single-family residence nestled in the heart of Sulphur, LA. With its 3 cozy bedrooms, 2 modern bathrooms, and a nice sized 0.15 acre lot, this home is a perfect match for those embarking on their homeownership journey or savvy investors looking for a profitable opportunity. Step inside and you'll be greeted by 1375 square feet of inviting living space, featuring an open floor plan that seamlessly connects the living room to an updated kitchen equipped with a full suite of appliances that remain with the home - including a stove, dishwasher, refrigerator, washer and dryer. The bathrooms have also been tastefully upgraded to offer comfort and style. While the floors await your personal touch, rest easy knowing that the major updates like the HVAC system and roof were completed in 2021, ensuring a peace of mind for years to come. The fenced-in backyard boasts a practical storage shed and a cozy space for relaxation or entertaining. Previously rented at $1,000 per month, this property has proven income potential. With three parking spaces included, this adorable cottage is ready to be called home or to become your next investment success. Don't miss out on this Sulphur gem!
-
2025-04-09$103,000 Active 1248-char remark
Show marketing remark (1248 chars)
Welcome to 1713 Ewel St, a charming and recently renovated single-family residence nestled in the heart of Sulphur, LA. With its 3 cozy bedrooms, 2 modern bathrooms, and a nice sized 0.15 acre lot, this home is a perfect match for those embarking on their homeownership journey or savvy investors looking for a profitable opportunity. Step inside and you'll be greeted by 1375 square feet of inviting living space, featuring an open floor plan that seamlessly connects the living room to an updated kitchen equipped with a full suite of appliances that remain with the home - including a stove, dishwasher, refrigerator, washer and dryer. The bathrooms have also been tastefully upgraded to offer comfort and style. While the floors await your personal touch, rest easy knowing that the major updates like the HVAC system and roof were completed in 2021, ensuring a peace of mind for years to come. The fenced-in backyard boasts a practical storage shed and a cozy space for relaxation or entertaining. Previously rented at $1,000 per month, this property has proven income potential. With three parking spaces included, this adorable cottage is ready to be called home or to become your next investment success. Don't miss out on this Sulphur gem!
-
2022-02-11soldstatus 244-char remark
Show marketing remark (244 chars)
Calling all investors!! Precious cottage home with 2 bedrooms and 2 bathrooms. Location is KEY! Home is hurricane damaged and sellers are VERY negotiable! Call me to view this home so we can get started on the transformation of this cute place!
-
2021-11-04$35,000 244-char remark
Show marketing remark (244 chars)
Calling all investors!! Precious cottage home with 2 bedrooms and 2 bathrooms. Location is KEY! Home is hurricane damaged and sellers are VERY negotiable! Call me to view this home so we can get started on the transformation of this cute place!
-
2018-08-30soldstatus
-
2018-06-12$89,900
-
2012-01-09soldstatus $45,000
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 7/10 Severe FEMA zone AE · 95% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 24 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
- $18,177
- − Mortgage interest
- −$5,265
- − Property taxes
- −$1,410
- − Insurance
- −$5,588
- − Repairs & maintenance
- −$1,454
- − Management
- −$1,454
- − Depreciation
- −$2,735
- Taxable income
- $270
- Est. tax owed @ 24.0%
- −$65
- After-tax cash flow
- $1,381/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
- Calcasieu Parish
- NCES district ID
- 2200330
- Math proficiency
- 30% ▼ -39.00%
- Reading proficiency
- 44% ▼ -33.00%
- Median HH income
- $44,700
- Composite
- 31.45/100
- National rank
- #5979
- State rank
- #29 of 98 in LA
Livability — Sulphur
- Score
- 71/100
- State rank
- #48
- US rank
- #7164
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Sulphur, LA
- County
- Calcasieu Parish · 170,889 people
- City population
- 27,799
- Metro
- Lake Charles, LA
- Population (ZIP)
- 27,799
- Household income
- $64,707
- Rent vs Own
- Severe rent burden
- 197.0
Population outlook (Calcasieu County) Hauer SSP2
- Today (2025)
- 212,179 people
- By 2030
- 218,199 · +2.8%
- By 2040
- 228,486 · +7.7%
- By 2050
- 236,208 · +11.3%
- By 2075
- 251,696 · +18.6%
- By 2100
- 247,848 · +16.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (82%)
- Race & ethnicity
- White 82% Black 8% Hispanic / Latino 5% Two or more races 4%
- Common ancestry
- Lithuanian 13% Slovak 2% Scandinavian 1%
- Foreign-born
- 3% · Canada, Vietnam
- Languages at home
- 94% English-only · Spanish 2% French/Haitian/Cajun 2% Other Indo-European 1%
Political lean MEDSL · Calcasieu
- 2024 margin
- Solid R (+39.6) · D 29.5% · R 69.0% · Other 1.5%
- 2008→2024 swing
- -15.0pp toward R · 2008: -24.6pp · 2024: -39.6pp
- All cycles
- 2024: R+39.6 2020: R+35.2 2016: R+33.3 2012: R+28.7 2008: R+24.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -104.29%
- Current HPI
- 100.0895
- Rent YoY
- ▲ 7.65%
- Metro
- Lake Charles, LA
- 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
+108.9% since first listed8 events — show timeline
- 2026-04-23 Price Changed $94,000 SWLAR
- 2025-09-23 Price Changed $98,000 SWLAR
- 2025-04-09 Listed $103,000 SWLAR
- 2022-02-11 Sold (MLS) — SWLAR
- 2021-11-04 Listed $35,000 SWLAR
- 2018-08-30 Sold (MLS) — SWLAR
- 2018-06-12 Listed $89,900 SWLAR
- 2012-01-09 Sold (Public Records) $45,000 Public Records
Property tax history
-26.0%/yrLatest (2025): $12 · +1.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…