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1713 Ewel St
B+ Composite 78.61
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

1713 Ewel St · Sulphur, LA 70663
3 bd · 2.0 ba · 1,375 sqft · Land · 318 Days on market
Built 1954 6,534 sqft lot $68/sqft · 34% below area Est $142k · 34% under

🖨 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

RECENTLY RENOVATEDOPEN FLOOR PLANUPDATED KITCHENFULL SUITE OF APPLIANCESTASTEFULLY UPGRADED BATHROOMSFENCED IN BACKYARD

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 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.
Recommended offer $82,720 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Built in 1954 — 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. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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

5-year hold
IRR
0.1%
Equity multiple
1.01×
Total profit
$146
Equity at exit
$14,016
10-year hold
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
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

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

Break-even rent $1,362
Max offer price $94,000
Occupancy floor 87%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-19
    days on market $94,000 Active 318 DOM
  2. 2026-06-18
    days on market $94,000 Active 317 DOM
  3. 2026-06-17
    days on market $94,000 Active 316 DOM
  4. 2026-06-16
    days on market $94,000 Active 315 DOM
  5. 2026-06-15
    days on market $94,000 Active 314 DOM
  6. 2026-06-14
    days on market $94,000 Active 312 DOM
  7. 2026-06-13
    days on market $94,000 Active 311 DOM
  8. 2026-06-10
    days on market $94,000 Active 309 DOM
  9. 2026-06-09
    days on market $94,000 Active 308 DOM
  10. 2026-06-08
    days on market $94,000 Active 307 DOM
  11. 2026-06-07
    days on market $94,000 Active 306 DOM
  12. 2026-06-05
    days on market $94,000 Active 303 DOM
  13. 2026-06-02
    days on market $94,000 Active 301 DOM
  14. 2026-06-01
    days on market $94,000 Active 300 DOM
  15. 2026-05-31
    days on market $94,000 Active 299 DOM
  16. 2026-05-30
    days on market $94,000 Active 298 DOM
  17. 2026-04-23
    price $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!

  18. 2025-09-23
    price $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!

  19. 2025-04-09
    listed $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!

  20. 2022-02-11
    soldstatus 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!

  21. 2021-11-04
    listed $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!

  22. 2018-08-30
    soldstatus
  23. 2018-06-12
    listed $89,900
  24. 2012-01-09
    soldstatus $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

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

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
19.7% rent · 80.3% 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

Price history

+108.9% since first listed
8 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%/yr

Latest (2025): $12 · +1.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…