610 Oak St · Thibodaux, LA 70301

$95,000

3 bd · 2.0 ba · 1,532 sqft · SingleFamily public records · 201 Days on market

Built 1948 Fair condition 0.26 ac lot $62/sqft · 37% below area Est $183k · 48% under ↓ 8% since listing

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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
• Livability +4.2/5.0
• Rent growth +3.2/5.0
• Schools +2.8/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Large Home, Small Price! This 3-bedroom, 2-bath home features a double garage and plenty of storage. With generous living space and solid potential, it's waiting for the right buyer to add a little TLC and unlock its true value. A great opportunity for homeowners or investors alike--don't miss out!

Key facts

• 0.26 acre lot
• Garage
• Built 1948

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $95k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $675 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $95k).
• Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.8% vs local median 3.9% in Thibodaux — 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 84/100 on livability (#2 in LA, #723 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, health & safety A+; Watch: crime C-, employment F.
• Lafourche Parish (other): math 31% / reading 49% proficiency, ranked #22 of 98 in LA (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bayou Community Academy Charter School (math 63% / reading 79%, grade A-, #23 of 646 statewide, top 4%, 515 students, 30% FRL, charter); West Thibodaux Middle School (math 12% / reading 37%, grade F, #141 of 218 statewide, top 65%, 430 students, 74% FRL); Thibodaux High School (math 26% / reading 45%, grade F, #104 of 265 statewide, top 39%, 1,454 students, 60% FRL) — zoned schools at 55% FRL track the district average.
• Market conditions: Rents rising (+2.9%/yr); 615 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 319 units permitted in Lafourche Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($58k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $27k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 201 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $30k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

1. It's been on market 201 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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. 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.
8. 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.
9. 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: 1.70% ✓
• Cap rate: 14.81%
• Cash-on-cash: 30.43%
• DSCR: 2.35
• GRM: 4.9

CMA / ARV

• ARV (median comp): $183,008
• List price: $95,000
• Delta: -48.09%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
108 Young Pl	0.26mi	3/2.0	1,527 (-0%)	2mo	$150,000	$98	86
109 Apricot St	0.27mi	3/2.0	1,383 (-10%)	4mo	$180,000	$130	68
305 Wisteria St	0.66mi	3/2.0	1,508 (-2%)	2mo	$217,500	$144	65
301 Julia St	0.49mi	3/2.0	1,620 (+6%)	3mo	$125,000	$77	65
2101 S S Barbier Ave	0.35mi	3/2.0	1,360 (-11%)	1mo	$125,000	$92	64
209 Azalea St	0.70mi	3/2.0	1,500 (-2%)	6mo	$145,000	$97	58
305 St Bernard St	0.44mi	3/2.0	1,699 (+11%)	4mo	$228,000	$134	58
1050 Jackson St	0.63mi	2/2.0 (-1)	1,630 (+6%)	1mo	$259,900	$159	54
107 Vernon St	0.55mi	3/2.0	1,376 (-10%)	4mo	$195,000	$142	54
910 Harrison St	0.53mi	4/2.0 (+1)	1,700 (+11%)	4mo	$145,000	$85	49
204 Holley St	0.73mi	2/2.0 (-1)	1,400 (-9%)	1mo	$185,000	$132	46
201 Park Dr	0.62mi	3/1.0	1,313 (-14%)	1mo	$175,000	$133	42

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 · 2.9% rent growth · sell at horizon

5-year hold

• IRR: 25.0%
• Equity multiple: 2.03×
• Total profit: $27,395
• Equity at exit: $14,165

10-year hold

• IRR: 32.7%
• Equity multiple: 3.95×
• Total profit: $78,472
• Equity at exit: $8,214

Cash invested: $26,600 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 39 active · 27 under contract
• Months of supply: 5.6 mo (18%/mo absorbed)
• Median asking: $236,990 ($150/sqft)
• Median days on market: 129 d
• This list price: 3% of active listings are priced below it
• ARV vs active asking: -20.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70301

• Rents YoY: 2.9%
• Active inventory: 615
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,616 medium
• Mortgage (P&I): −$498
• Tax from tax record: −$64 /mo · $768/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $675

Break-even live

Break-even rent $762

Max offer price $95,000

Occupancy floor 53%

Sensitivity live

Price	-10% $728	-5% $701	+0% $675	+5% $648	+10% $621
Rent	-10% $547	-5% $611	+0% $675	+5% $738	+10% $802
Rate	-1.0pp $722	-0.5pp $699	base $675	+0.5pp $650	+1.0pp $625

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: $23,750
• Closing costs: $2,850
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 Bradford St Thibodaux, LA	3.0	1.0	1400	$1,150	$0.82	93d	1	0.32mi
208 Diplomat Way Thibodaux, LA	3.0	2.0	1892	$2,000	$1.06	93d	1	1.48mi

Listing history 50 events

1. 2026-08-08
   days on market $95,000 Active 201 DOM
2. 2026-08-07
   days on market $95,000 Active 200 DOM
3. 2026-08-06
   days on market $95,000 Active 199 DOM
4. 2026-08-05
   days on market $95,000 Active 198 DOM
5. 2026-08-04
   days on market $95,000 Active 197 DOM
6. 2026-08-03
   days on market $95,000 Active 196 DOM
7. 2026-07-31
   days on market $95,000 Active 193 DOM
8. 2026-07-29
   days on market $95,000 Active 191 DOM
9. 2026-07-27
   days on market $95,000 Active 189 DOM
10. 2026-07-25
    days on market $95,000 Active 187 DOM
11. 2026-07-23
    days on market $95,000 Active 185 DOM
12. 2026-07-22
    days on market $95,000 Active 184 DOM
13. 2026-07-21
    days on market $95,000 Active 183 DOM
14. 2026-07-18
    days on market $95,000 Active 180 DOM
15. 2026-07-16
    days on market $95,000 Active 178 DOM
16. 2026-07-16
    days on market $95,000 Active 177 DOM
17. 2026-07-14
    days on market $95,000 Active 176 DOM
18. 2026-07-13
    days on market $95,000 Active 175 DOM
19. 2026-07-12
    days on market $95,000 Active 174 DOM
20. 2026-07-11
    days on market $95,000 Active 173 DOM
21. 2026-07-10
    days on market $95,000 Active 172 DOM
22. 2026-07-09
    days on market $95,000 Active 171 DOM
23. 2026-07-08
    days on market $95,000 Active 170 DOM
24. 2026-07-07
    days on market $95,000 Active 169 DOM
25. 2026-07-06
    days on market $95,000 Active 168 DOM
26. 2026-07-05
    days on market $95,000 Active 167 DOM
27. 2026-07-04
    days on market $95,000 Active 166 DOM
28. 2026-07-03
    days on market $95,000 Active 165 DOM
29. 2026-07-02
    days on market $95,000 Active 164 DOM
30. 2026-07-01
    days on market $95,000 Active 163 DOM
31. 2026-06-30
    days on market $95,000 Active 162 DOM
32. 2026-06-29
    days on market $95,000 Active 161 DOM
33. 2026-06-28
    days on market $95,000 Active 160 DOM
34. 2026-06-28
    days on market $95,000 Active 159 DOM
35. 2026-06-27
    days on market $95,000 Active 158 DOM
36. 2026-06-26
    days on market $95,000 Active 157 DOM
37. 2026-06-23
    days on market $95,000 Active 154 DOM
38. 2026-06-22
    pricedays on market $95,000 Active 153 DOM
39. 2026-06-19
    days on market $115,000 Active 151 DOM
40. 2026-06-18
    days on market $115,000 Active 150 DOM
41. 2026-06-17
    days on market $115,000 Active 149 DOM
42. 2026-06-16
    days on market $115,000 Active 148 DOM
43. 2026-06-15
    days on market $115,000 Active 147 DOM
44. 2026-06-14
    days on market $115,000 Active 145 DOM
45. 2026-06-13
    days on market $115,000 Active 144 DOM
46. 2026-06-10
    days on market $115,000 Active 142 DOM
47. 2026-06-09
    days on market $115,000 Active 141 DOM
48. 2026-06-08
    days on market $115,000 Active 140 DOM
49. 2026-06-07
    days on market $115,000 Active 139 DOM
50. 2026-06-05
    days on market $115,000 Active 136 DOM

ⓘ 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: $768 · $64/mo
• Projected year-2 tax: $768 · $64/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 · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 22 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: $19,387
• − Mortgage interest: −$5,321
• − Property taxes: −$768
• − Insurance: −$475
• − Repairs & maintenance: −$1,551
• − Management: −$1,551
• − Depreciation: −$2,764
• Taxable income: $6,957
• Est. tax owed @ 24.0%: −$1,670
• After-tax cash flow: $6,425/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.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab Est. rehab $38,300–$68,940 screening

This 3-bedroom, 2-bath home requires moderate renovations to update the kitchen and bathrooms, improve the exterior, and paint the interior. These updates will significantly increase its resale and rental value.

Components & finishes AI

Roof asphalt shingle · good Flooring laminate

Deferred maintenance Est. $3,500–$14,000 screening

• Minor Roof (roof) — No visible signs of damage or wear on the roof.
• Minor Hvac (hvac) — No visible signs of damage or wear on the HVAC unit.
• Minor Windows (windows) — No visible signs of damage or wear on the windows.
• Minor Electrical (electrical) — No visible signs of damage or wear on the electrical system.
• Minor Plumbing (plumbing) — No visible signs of damage or wear on the plumbing system.
• Minor Exterior (exterior) — No visible signs of damage or wear on the exterior.
• Minor Other — No visible signs of damage or wear on other components.

Repairs flagged

• Major kitchen cabinets — dated and in poor condition
• Major kitchen appliances — outdated and in poor condition
• Minor bathroom fixtures — basic and slightly worn

Value-add opportunities

• Resale update kitchen cabinets and appliances — modernizing the kitchen will attract more buyers ↑
• Resale update bathrooms — modernizing bathrooms will attract more buyers ↑
• Both landscape exterior — improving curb appeal will attract more buyers and renters ↑
• Both paint interior walls — painting interior walls will improve the home's appearance and attract more buyers and renters ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 28/100

Zoned Schools

Elementary W.s. Lafargue Elementary School F LA #384/646 Nat'l #30,133/41,679 Middle West Thibodaux Middle School F LA #141/218 Nat'l #10,474/14,009 High Thibodaux High School F LA #104/265 Nat'l #9,497/17,239

Schools (NCES district)

• District: Lafourche Parish
• NCES district ID: 2200900
• Math proficiency: 31% ▼ -43.00%
• Reading proficiency: 49% ▼ -32.00%
• Median HH income: $49,703
• Composite: 34.4/100
• National rank: #5205
• State rank: #22 of 98 in LA

A Composite livability gradescore 84/100

Livability — Thibodaux

• Score: 84/100
• State rank: #2
• US rank: #723

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Thibodaux, LA
• County: Lafourche Parish · 102,122 people
• City population: 50,095
• Metro: Houma-Thibodaux, LA
• Population (ZIP): 50,095
• Household income: $58,394
• Rent vs Own: 25.4% rent · 74.6% own
• Severe rent burden: 7% of renters

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Population outlook (Lafourche County) Hauer SSP2

• Today (2025): 102,122 people
• By 2030: 103,361 · +1.2%
• By 2040: 104,401 · +2.2%
• By 2050: 102,795 · +0.7%
• By 2075: 95,599 · -6.4%
• By 2100: 82,303 · -19.4%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 20% Hispanic / Latino 5% Two or more races 5% Native American 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 18% Italian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Spanish 2%

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Political lean MEDSL · Lafourche

• 2024 margin: Solid R (+62.1) · D 18.4% · R 80.4% · Other 1.2%
• 2008→2024 swing: -16.1pp toward R · 2008: -46.0pp · 2024: -62.1pp
• All cycles: 2024: R+62.1 2020: R+60.3 2016: R+56.5 2012: R+48.5 2008: R+46.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -98.35%
• Current HPI: 124.5559
• Rent YoY: ▲ 2.90%
• Metro: Houma-Thibodaux, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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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

-8.0% since first listed

4 events — show timeline

• 2026-04-02 Price Changed $115,000 AcadianaMLS
• 2026-04-02 Price Changed $115,000 GBRMLS
• 2026-01-20 Listed $125,000 GBRMLS
• 2026-01-19 Listed $125,000 AcadianaMLS

Property tax history

+0.6%/yr

Latest (2024): $768 · -0.5% YoY. Source: county tax records.