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1058 Four Point Rd
B+ Composite 78.21
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
  • DSCR +10.0/10.0
  • 1% rule +7.3/10.0
  • Appreciation +5.0/10.0
  • Schools +3.3/10.0
  • Livability +2.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$64,900

1058 Four Point Rd · Dulac, LA 70353
1 bd · 1.0 ba · 665 sqft · Other · 427 Days on market
Built 2000 0.28 ac lot $98/sqft · 45% below area Est $119k · 45% under ↓ 8% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Just in time for peak fishing season! 1058 Four Point Rd is located in sportsman's paradise and features a spacious open concept living and kitchen, 1 large bedroom, 1 bath, and a laundry room. Extra perks include enclosed entry porch, new roof, new flooring, 2 new A/C units, new windows, and 14' X 30' covered boat/RV port with 50-AMP electrical outlet. This property is in close proximity to a public launch and is centrally located allowing access to some of the best saltwater fishing that Terrebonne Parish has to offer! Camp is on leased land. Buyer to verify all measurements and information contained herein. Call for your showing today!

Key facts

  • Open concept living
  • Enclosed entry porch
  • New flooring

Tags

OPEN CONCEPT LIVINGENCLOSED ENTRY PORCHNEW ROOFNEW FLOORINGNEW A/C UNITSNEW WINDOWS

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 1-bed/1.0-bath other listed at $65k.

Deal economics

  • At list price, monthly cash flow is $241 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($796 rent vs $65k).
  • Recommended offer: $57k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.8% vs local median 0.9% in Dulac — 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 53/100 on livability (#395 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
  • Terrebonne Parish (other): math 32% / reading 46% proficiency, ranked #23 of 98 in LA (top 24%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: 34 active listings in the ZIP; 300 units permitted in Terrebonne Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($449 loan paydown + $2k appreciation (3.0% local appreciation)).
  • At projected returns (3.0% appreciation + 3.0% rent growth), your $18k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 427 days — a 12% lower offer ($57k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts since 2y ago; this cycle's ask has dropped $10k (13%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $57,112 (12.0% below list)

Questions for the listing agent

  1. It's been on market 427 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  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
1.23%
Cap rate
10.76%
Cash-on-cash
15.94%
DSCR
1.71
GRM
6.8

CMA / ARV

ARV (median comp)
$119,080
List price
$64,900
Delta
-45.50%
Verdict
UNDERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
22.4%
Equity multiple
2.27×
Total profit
$23,167
Equity at exit
$29,182
10-year hold
IRR
23.4%
Equity multiple
4.35×
Total profit
$60,901
Equity at exit
$44,973

Cash invested: $18,172 (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 70353

Active inventory
34
Price-to-rent
6.8×

Monthly cashflow live

Estimated rent
$796 medium interval (Pro) →
Mortgage (P&I)
$340
Tax from tax record
$20 /mo · $245/yr
Insurance
$27
HOA
$0
Vacancy / Maint / Mgmt
$167
Net cashflow
$241

Break-even live

Break-even rent $491
Max offer price $64,900
Occupancy floor 65%

Sensitivity live

Price -10% $278 -5% $260 +0% $241 +5% $223 +10% $205
Rent -10% $178 -5% $210 +0% $241 +5% $273 +10% $304
Rate -1.0pp $274 -0.5pp $258 base $241 +0.5pp $225 +1.0pp $207

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
$16,225
Closing costs
$1,947
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 24 events

  1. 2026-06-19
    days on market $64,900 Active 427 DOM
  2. 2026-06-18
    days on market $64,900 Active 426 DOM
  3. 2026-06-17
    days on market $64,900 Active 425 DOM
  4. 2026-06-16
    days on market $64,900 Active 424 DOM
  5. 2026-06-15
    days on market $64,900 Active 423 DOM
  6. 2026-06-14
    days on market $64,900 Active 421 DOM
  7. 2026-06-13
    days on market $64,900 Active 420 DOM
  8. 2026-06-10
    days on market $64,900 Active 418 DOM
  9. 2026-06-09
    days on market $64,900 Active 417 DOM
  10. 2026-06-08
    days on market $64,900 Active 416 DOM
  11. 2026-06-07
    days on market $64,900 Active 415 DOM
  12. 2026-06-05
    pricedays on market $64,900 Active 412 DOM
  13. 2026-06-03
    days on market $69,000 Active 411 DOM
  14. 2026-06-02
    days on market $69,000 Active 410 DOM
  15. 2026-06-01
    days on market $69,000 Active 409 DOM
  16. 2026-05-31
    days on market $69,000 Active 408 DOM
  17. 2026-05-30
    days on market $69,000 Active 407 DOM
  18. 2025-09-11
    price $69,000 646-char remark
    Show marketing remark (649 chars)

    Just in time for peak fishing season! 1058 Four Point Rd is located in sportsman's paradise and features a spacious open concept living and kitchen, 1 large bedroom, 1 bath, and a laundry room. Extra perks include enclosed entry porch, new roof, new flooring, 2 new A/C units, new windows, and 14' X 30' covered boat/RV port with 50-AMP electrical outlet. This property is in close proximity to a public launch and is centrally located allowing access to some of the best saltwater fishing that Terrebonne Parish has to offer! Camp is on leased land. Buyer to verify all measurements and information contained herein. Call for your showing today!

  19. 2025-09-11
    price $69,000 649-char remark
    Show marketing remark (649 chars)

    Just in time for peak fishing season! 1058 Four Point Rd is located in sportsman's paradise and features a spacious open concept living and kitchen, 1 large bedroom, 1 bath, and a laundry room. Extra perks include enclosed entry porch, new roof, new flooring, 2 new A/C units, new windows, and 14' X 30' covered boat/RV port with 50-AMP electrical outlet. This property is in close proximity to a public launch and is centrally located allowing access to some of the best saltwater fishing that Terrebonne Parish has to offer! Camp is on leased land. Buyer to verify all measurements and information contained herein. Call for your showing today!

  20. 2025-04-18
    listed $74,500 Active 646-char remark
    Show marketing remark (649 chars)

    Just in time for peak fishing season! 1058 Four Point Rd is located in sportsman's paradise and features a spacious open concept living and kitchen, 1 large bedroom, 1 bath, and a laundry room. Extra perks include enclosed entry porch, new roof, new flooring, 2 new A/C units, new windows, and 14' X 30' covered boat/RV port with 50-AMP electrical outlet. This property is in close proximity to a public launch and is centrally located allowing access to some of the best saltwater fishing that Terrebonne Parish has to offer! Camp is on leased land. Buyer to verify all measurements and information contained herein. Call for your showing today!

  21. 2025-04-18
    listed $74,500 Active 649-char remark
    Show marketing remark (649 chars)

    Just in time for peak fishing season! 1058 Four Point Rd is located in sportsman's paradise and features a spacious open concept living and kitchen, 1 large bedroom, 1 bath, and a laundry room. Extra perks include enclosed entry porch, new roof, new flooring, 2 new A/C units, new windows, and 14' X 30' covered boat/RV port with 50-AMP electrical outlet. This property is in close proximity to a public launch and is centrally located allowing access to some of the best saltwater fishing that Terrebonne Parish has to offer! Camp is on leased land. Buyer to verify all measurements and information contained herein. Call for your showing today!

  22. 2024-10-17
    historical
  23. 2024-04-16
    listed $75,000 Active
  24. 2024-04-16
    listed $75,000 Active

ⓘ 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
$245 · $20/mo
Projected year-2 tax
$357 · $30/mo
Expected delta
+$112/yr (+$9/mo · 45.9%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$9,557
− Mortgage interest
−$3,635
− Property taxes
−$245
− Insurance
−$324
− Repairs & maintenance
−$765
− Management
−$765
− Depreciation
−$1,888
Taxable income
$1,935
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$464
After-tax cash flow
$2,432/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
Terrebonne Parish
NCES district ID
2201740
Math proficiency
32% ▼ -36.00%
Reading proficiency
46% ▼ -30.00%
Median HH income
$47,612
Composite
33.38/100
National rank
#5480
State rank
#23 of 98 in LA

Livability — Dulac

Score
53/100
State rank
#395
US rank
#24560

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Dulac, LA
Population (ZIP)
522

Population outlook (Terrebonne County) Hauer SSP2

Today (2025)
118,724 people
By 2030
120,321 · +1.3%
By 2040
121,894 · +2.7%
By 2050
121,119 · +2.0%
By 2075
117,270 · -1.2%
By 2100
107,544 · -9.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (81%)
Race & ethnicity
White 81% Native American 10% Hispanic / Latino 8% Two or more races 3%
Hispanic origin (detail)
Mexican 2% Puerto Rican 2%
Common ancestry
Lithuanian 41%
Foreign-born
2% · Canada
Languages at home
80% English-only · French/Haitian/Cajun 17% Spanish 3%

Political lean MEDSL · Terrebonne

2024 margin
Solid R (+51.8) · D 23.5% · R 75.3% · Other 1.2%
2008→2024 swing
-11.0pp toward R · 2008: -40.9pp · 2024: -51.8pp
All cycles
2024: R+51.8 2020: R+50.0 2016: R+48.4 2012: R+41.2 2008: R+40.9

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

Price history

-8.0% since first listed
7 events — show timeline
  • 2025-09-11 Price Changed $69,000 AcadianaMLS
  • 2025-09-11 Price Changed $69,000 GBRMLS
  • 2025-04-18 Listed $74,500 GBRMLS
  • 2025-04-18 Listed $74,500 AcadianaMLS
  • 2024-10-17 Delisted GBRMLS
  • 2024-04-16 Listed $75,000 AcadianaMLS
  • 2024-04-16 Listed $75,000 GBRMLS

Property tax history

+9.4%/yr

Latest (2025): $245 · +5.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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