624 S Ave F S · Crowley, LA
Flood risk 4/10 · Minor
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.22%
- 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
- 20 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 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
- DSCR +10.0/10.0
- 1% rule +8.3/10.0
- Schools +3.2/10.0
- Livability +3.2/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$91,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Well-maintained home in a solid South Crowley location. This 3 bedroom, 1.5 bath house offers 1,700 sq ft of living space and is priced at recent appraised value for a straightforward sale. Property Highlights 3 Bedrooms / 1.5 Bathrooms 1,700 Sq Ft Built in 1951 solid, established home Roof replaced end of 2024 New 50-gallon water heater (2025) 3-car carport Attached outdoor hangout area with sink and cabinets great for entertaining or relaxing Concrete-bottom dog kennel Located in a good school district Utilities Water & Sewer: LAWCO Electricity: CLECO Gas: Delta Utilities This home has good bones, recent major updates, and plenty of usable space. Ideal for a first-time buyer or anyone looking for an affordable home in a good area. Message me directly on Facebook to schedule a showing or ask questions. Serious inquiries only, please.
Key facts
- 3 car carport
- New hot water heater
- Corner lot
Tags
Property features AI
Exterior
- Parking: 3 total parking spaces; 3-space carport
- Utilities: Public water; Public sewer; Electricity connected; Natural gas connected; Cable available; Water connected; Sewer connected
- Home design: Single-family residence; One story; House
- Exterior features: Back yard; City lot; Lot dimensions approximately 40 x 132 (0.24 acres)
Interior
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central heating (natural gas); Central air conditioning
- Interior features: Electric fireplace; Ceiling fan(s)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $92k.
Deal economics
- At list price, monthly cash flow is $377 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $92k).
- Recommended offer: $89k (3.0% below list) — sets the bar for market timing.
- Cap rate 11.2% vs local median 3.4% in Crowley — 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 65/100 on livability (#145 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A-; Watch: crime F, amenities F, commute F.
- Acadia Parish (rural): math 32% / reading 44% proficiency, ranked #28 of 98 in LA (top 29%) — 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: 95 active listings in the ZIP; 137 units permitted in Acadia Parish in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $635 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 58 days — a 3% lower offer ($89k) 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.
- Current owner paid $40k; list at $92k implies a 130% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1951 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 58 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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
- 1.33% ✓
- Cap rate
- 11.22%
- Cash-on-cash
- 17.60%
- DSCR
- 1.78
- GRM
- 6.2
CMA / ARV
- ARV (on-the-fly)
- $114,725
- Comps found
- 8
Show comp detail 8 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 711 S Avenue G | 0.16mi | 3/2.0 | 1,726 (-2%) | 11mo | $113,000 | $65 | 78 |
| 326 E Oak St | 0.27mi | 4/1.5 (+1) | 1,707 (-3%) | 13mo | $139,000 | $81 | 66 |
| 720 W Third St | 0.51mi | 3/2.0 | 1,794 (+2%) | 13mo | $38,100 | $21 | 61 |
| 1452 S Avenue F | 0.57mi | 3/2.0 | 1,706 (-3%) | 11mo | $104,000 | $61 | 56 |
| 312 E Pine St | 0.38mi | 3/2.0 | 1,570 (-11%) | 8mo | $129,000 | $82 | 55 |
| 224 W Jeanette St | 0.08mi | 3/2.0 | 1,518 (-14%) | 22mo | $16,300 | $11 | 53 |
| 729 S Avenue M | 0.61mi | 3/2.0 | 1,670 (-5%) | 15mo | $46,500 | $28 | 48 |
| 109 Festival Dr | 0.58mi | 4/2.0 (+1) | 1,836 (+4%) | 23mo | $211,500 | $115 | 40 |
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
- 9.0%
- Equity multiple
- 1.36×
- Total profit
- $9,138
- Equity at exit
- $13,703
- IRR
- 18.2%
- Equity multiple
- 2.51×
- Total profit
- $38,875
- Equity at exit
- $7,946
Cash invested: $25,732 (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 70526
- Active inventory
- 95
- Price-to-rent
- 6.2×
Monthly cashflow live
- Estimated rent
- $1,226 medium interval (Pro) →
- Mortgage (P&I)
- −$482
- Tax from tax record
- −$71 /mo · $848/yr
- Insurance
- −$38
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$257
- Net cashflow
- $377
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
- $22,975
- Closing costs
- $2,757
- 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 18 events
-
2026-06-18days on market $91,900 Active 58 DOM
-
2026-06-17days on market $91,900 Active 57 DOM
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2026-06-16days on market $91,900 Active 56 DOM
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2026-06-15days on market $91,900 Active 55 DOM
-
2026-06-13days on market $91,900 Active 53 DOM
-
2026-06-12days on market $91,900 Active 52 DOM
-
2026-06-09days on market $91,900 Active 49 DOM
-
2026-06-08days on market $91,900 Active 48 DOM
-
2026-06-07days on market $91,900 Active 47 DOM
-
2026-06-07days on market $91,900 Active 46 DOM
-
2026-06-04days on market $91,900 Active 43 DOM
-
2026-06-02days on market $91,900 Active 42 DOM
-
2026-06-01days on market $91,900 Active 41 DOM
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2026-05-31days on market $91,900 Active 40 DOM
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2026-05-31days on market $91,900 Active 39 DOM
-
2026-04-22$91,900 Active
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2026-01-12$85,000 Active 870-char remark
Show marketing remark (870 chars)
Well-maintained home in a solid South Crowley location. This 3 bedroom, 1.5 bath house offers 1,700 sq ft of living space and is priced at recent appraised value for a straightforward sale. Property Highlights 3 Bedrooms / 1.5 Bathrooms 1,700 Sq Ft Built in 1951 solid, established home Roof replaced end of 2024 New 50-gallon water heater (2025) 3-car carport Attached outdoor hangout area with sink and cabinets great for entertaining or relaxing Concrete-bottom dog kennel Located in a good school district Utilities Water & Sewer: LAWCO Electricity: CLECO Gas: Delta Utilities This home has good bones, recent major updates, and plenty of usable space. Ideal for a first-time buyer or anyone looking for an affordable home in a good area. Message me directly on Facebook to schedule a showing or ask questions. Serious inquiries only, please.
-
2021-11-29soldstatus $40,000
ⓘ 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
- $848 · $71/mo
- Projected year-2 tax
- $848 · $71/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 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥109°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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,709
- − Mortgage interest
- −$5,148
- − Property taxes
- −$848
- − Insurance
- −$460
- − Repairs & maintenance
- −$1,177
- − Management
- −$1,177
- − Depreciation
- −$2,673
- Taxable income
- $3,226
- Est. tax owed @ 24.0%
- −$774
- After-tax cash flow
- $3,755/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
- Acadia Parish
- NCES district ID
- 2200030
- Math proficiency
- 32% ▼ -39.00%
- Reading proficiency
- 44% ▼ -32.00%
- Median HH income
- $38,012
- Composite
- 31.65/100
- National rank
- #5929
- State rank
- #28 of 98 in LA
Livability — Crowley
- Score
- 65/100
- State rank
- #145
- US rank
- #12669
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Crowley, LA
- City population
- 16,740
- Population (ZIP)
- 16,740
Population outlook (Acadia County) Hauer SSP2
- Today (2025)
- 63,846 people
- By 2030
- 64,141 · +0.5%
- By 2040
- 63,922 · +0.1%
- By 2050
- 62,263 · -2.5%
- By 2075
- 56,507 · -11.5%
- By 2100
- 46,316 · -27.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Black 20% Two or more races 6% Hispanic / Latino 2%
- Common ancestry
- Lithuanian 14% Italian 2%
- Foreign-born
- 1% · Canada
- Languages at home
- 95% English-only · French/Haitian/Cajun 4% Spanish 1%
Political lean MEDSL · Acadia
- 2024 margin
- Solid R (+64.0) · D 17.6% · R 81.5%
- 2008→2024 swing
- -18.3pp toward R · 2008: -45.7pp · 2024: -64.0pp
- All cycles
- 2024: R+64.0 2020: R+60.3 2016: R+56.7 2012: R+49.8 2008: R+45.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -52.11%
- Current HPI
- 88.3686
- 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 |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+129.8% since first listed3 events — show timeline
- 2026-04-22 Listed $91,900 SWLAR
- 2026-01-12 Listed $85,000 ForSaleByOwner.com
- 2021-11-29 Sold (Public Records) $40,000 Public Records
Property tax history
+5.2%/yrLatest (2025): $848 · +0.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…