1114 Tiger Dr · Thibodaux, LA 70301

$125,000

3 bd · 2.0 ba · 1,752 sqft · SingleFamily public records · 39 Days on market

Built 1968 0.25 ac lot $71/sqft · 46% below area Est $173k · 28% under

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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
• DSCR +10.0/10.0
• 1% rule +8.9/10.0
• Livability +4.2/5.0
• Schools +3.4/10.0
• Rent growth +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a home to grow into or an investment property? This precious home sits on an oversized fenced lot with new siding and a fresh post-Ida roof, giving it a solid foundation. The real gem is the large utility room with its own exterior entrance, full wall of cabinets, and utility sink. It's flexible enough to work as a craft space, home gym, mudroom, or extra storage depending on your needs.

Key facts

• 0.25 acre lot
• 2 parking spots
• Built 1968

Property features AI

Exterior

• Parking: Carport (2 covered spaces); 2 total parking spaces
• Utilities: Public water; Public sewer
• Home design: Detached single-family residence; Residential property
• Construction: Vinyl siding construction
• Exterior features: Vinyl siding; Subdivision: Peltier Sd

Interior

• Bathrooms: 2 full bathrooms
• Heating & cooling: Wall furnace; Window unit(s) for cooling
• Interior features: Window cooling units; Wall furnace heating

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $602 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.1% vs local median 3.8% 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.
• Market conditions: Rents rising (+2.9%/yr); 513 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 36% 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 $864 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $35k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 39 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 5y ago 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.39% ✓
• Cap rate: 12.07%
• Cash-on-cash: 20.62%
• DSCR: 1.92
• GRM: 6.0

CMA / ARV

• ARV (median comp): $173,446
• List price: $125,000
• Delta: -27.93%
• 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
225 Queens Way	0.30mi	3/2.0	1,836 (+5%)	4mo	$396,484	$216	75
1223 Park Dr	0.53mi	3/2.0	1,722 (-2%)	3mo	$138,500	$80	70
1221 Renee Dr	0.62mi	3/2.0	1,784 (+2%)	0mo	$266,000	$149	68
301 Julia St	0.57mi	3/2.0	1,620 (-8%)	2mo	$125,000	$77	60
1113 Renee Dr	0.58mi	3/2.0	1,885 (+8%)	2mo	$225,000	$119	59
318 Tregre Ln	0.68mi	3/2.0	1,621 (-8%)	2mo	$243,715	$150	55
1218 Renee Dr	0.65mi	3/2.0	1,608 (-8%)	3mo	$217,000	$135	53
326 Tregre Ln	0.68mi	4/2.0 (+1)	1,653 (-6%)	4mo	$246,325	$149	51
326 Tregre Ln	0.68mi	4/2.0 (+1)	1,653 (-6%)	4mo	$246,325	$149	51
310 Lee Dr	0.72mi	3/2.0	1,904 (+9%)	2mo	$231,500	$122	50
316 Tregre Ln	0.68mi	3/2.0	1,578 (-10%)	5mo	$239,012	$151	47
322 Tregre Ln	0.68mi	3/2.0	1,498 (-14%)	0mo	$235,150	$157	44

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: 12.8%
• Equity multiple: 1.51×
• Total profit: $17,852
• Equity at exit: $18,638

10-year hold

• IRR: 21.6%
• Equity multiple: 2.83×
• Total profit: $64,038
• Equity at exit: $10,808

Cash invested: $35,000 (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 →

ZIP-level market 70301

• Rents YoY: 2.9%
• Active inventory: 513
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,736 medium
• Mortgage (P&I): −$656
• Tax from tax record: −$63 /mo · $751/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $602

Break-even live

Break-even rent $975

Max offer price $125,000

Occupancy floor 60%

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: $31,250
• Closing costs: $3,750
• 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	44d	1	0.69mi
208 Diplomat Way Thibodaux, LA	3.0	2.0	1892	$2,000	$1.06	44d	1	0.99mi

Listing history 22 events

1. 2026-06-19
   days on market $125,000 Active 39 DOM
2. 2026-06-18
   days on market $125,000 Active 38 DOM
3. 2026-06-17
   days on market $125,000 Active 37 DOM
4. 2026-06-16
   days on market $125,000 Active 36 DOM
5. 2026-06-15
   days on market $125,000 Active 35 DOM
6. 2026-06-14
   days on market $125,000 Active 33 DOM
7. 2026-06-13
   days on market $125,000 Active 32 DOM
8. 2026-06-10
   days on market $125,000 Active 30 DOM
9. 2026-06-09
   days on market $125,000 Active 29 DOM
10. 2026-06-08
    days on market $125,000 Active 28 DOM
11. 2026-06-07
    days on market $125,000 Active 27 DOM
12. 2026-06-05
    days on market $125,000 Active 24 DOM
13. 2026-06-03
    days on market $125,000 Active 23 DOM
14. 2026-06-02
    days on market $125,000 Active 22 DOM
15. 2026-06-01
    days on market $125,000 Active 21 DOM
16. 2026-05-31
    days on market $125,000 Active 20 DOM
17. 2026-05-30
    days on market $125,000 Active 19 DOM
18. 2026-05-11
    listed $125,000 Active 402-char remark

    Show marketing remark (402 chars)

    Looking for a home to grow into or an investment property? This precious home sits on an oversized fenced lot with new siding and a fresh post-Ida roof, giving it a solid foundation. The real gem is the large utility room with its own exterior entrance, full wall of cabinets, and utility sink. It's flexible enough to work as a craft space, home gym, mudroom, or extra storage depending on your needs.

19. 2026-05-11
    listed $125,000 Active 402-char remark

    Show marketing remark (402 chars)

    Looking for a home to grow into or an investment property? This precious home sits on an oversized fenced lot with new siding and a fresh post-Ida roof, giving it a solid foundation. The real gem is the large utility room with its own exterior entrance, full wall of cabinets, and utility sink. It's flexible enough to work as a craft space, home gym, mudroom, or extra storage depending on your needs.

20. 2022-06-10
    soldstatus

    Show marketing remark (435 chars)

    CALLING ALL INVESTORS: The 3 bedroom/2 bath home features a lovely shaded yard, covered patio area and a HUGE laundry/craft/storage space. Call your favorite real estate agent to schedule your showing today. IDA UPDATE: Images are from before IDA. NEW ROOF Ceilings in all bedrooms, kitchen, hall bath and living room have been replaced with Sheetrock. Living room walls have new Sheetrock and fresh paint. All work has been completed.

21. 2021-08-24
    listed $125,000

    Show marketing remark (435 chars)

    CALLING ALL INVESTORS: The 3 bedroom/2 bath home features a lovely shaded yard, covered patio area and a HUGE laundry/craft/storage space. Call your favorite real estate agent to schedule your showing today. IDA UPDATE: Images are from before IDA. NEW ROOF Ceilings in all bedrooms, kitchen, hall bath and living room have been replaced with Sheetrock. Living room walls have new Sheetrock and fresh paint. All work has been completed.

22. 2021-08-24
    listed $125,000

    Show marketing remark (435 chars)

    CALLING ALL INVESTORS: The 3 bedroom/2 bath home features a lovely shaded yard, covered patio area and a HUGE laundry/craft/storage space. Call your favorite real estate agent to schedule your showing today. IDA UPDATE: Images are from before IDA. NEW ROOF Ceilings in all bedrooms, kitchen, hall bath and living room have been replaced with Sheetrock. Living room walls have new Sheetrock and fresh paint. All work has been completed.

ⓘ 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: $751 · $63/mo
• Projected year-2 tax: $751 · $63/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 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 21 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: $20,836
• − Mortgage interest: −$7,002
• − Property taxes: −$751
• − Insurance: −$625
• − Repairs & maintenance: −$1,667
• − Management: −$1,667
• − Depreciation: −$3,636
• Taxable income: $5,488
• Est. tax owed @ 24.0%: −$1,317
• After-tax cash flow: $5,901/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: 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

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 · 50,095 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: 1513.0

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%

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%

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

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

+0.0% since first listed

5 events — show timeline

• 2026-05-11 Listed $125,000 AcadianaMLS
• 2026-05-11 Listed $125,000 GBRMLS
• 2022-06-10 Sold (MLS) — GBRMLS
• 2021-08-24 Listed $125,000 AcadianaMLS
• 2021-08-24 Listed $125,000 GBRMLS

Property tax history

+1.6%/yr

Latest (2024): $751 · +2.2% YoY. Source: county tax records.