1307 Tarleton St · Jeanerette, LA 70544

$70,000

2 bd · 1.0 ba · 1,286 sqft · SingleFamily · 14 Days on market

4,791 sqft lot $54/sqft · 25% below area Est $91k · 23% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +3.2/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Interested in adding to your investment portfolio? This inviting single-family home offers 2 spacious bedrooms and 1 full bathroom, providing comfort and functionality throughout. The home is located in downtown Jeanerette with walking distance of grocery stores and local parade route. This home is tenant occupied. Appointments are required!THIS HOME IS SOLD ''AS IS''. THE SELLER ISNT MAKING ANY REPAIRS

Key facts

• Single family home
• Local parade route
• Downtown jeanerette

Tags

• SINGLE FAMILY HOME
• DOWNTOWN JEANERETTE
• LOCAL PARADE ROUTE

Property features AI

Exterior

• Parking: Open parking
• Utilities: Public sewer; Electric service by CLECO
• Home design: Single family residence; Fronts to a city street
• Construction: Wood siding with frame construction; Asbestos shingle roof
• Exterior features: Open porch; Open parking

Interior

• Kitchen: Gas stove
• Flooring: Wood floors
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: High ceilings; Window treatments with wood-framed windows; Three or more fireplaces
• Laundry & utility: Washer hookup; Electric dryer hookup

🏷️ Possibly a rental listed for sale. The $70,000 price doesn't fit this home's estimated sale value (~$90,897) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $413 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).

Location & tenants

• Location reads 57/100 on livability (#320 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, health & safety B+; Watch: crime F, amenities F, commute F.
• Iberia Parish (other): math 32% / reading 43% proficiency, ranked #27 of 98 in LA (top 28%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Jeanerette Senior High School (math 8% / reading 27%, grade F, #197 of 265 statewide, top 76%, 322 students, 85% FRL) — zoned schools average 85% FRL vs 66% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 17% at this address vs 38% district-wide (-20 pts) — the specific schools serving this property underperform the Iberia Parish average; the district grade overstates school quality for this exact location.
• Market conditions: 33 active listings in the ZIP; 94 units permitted in Iberia Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Iberia County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 22y 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→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $70,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.51% ✓
• Cap rate: 13.37%
• Cash-on-cash: 25.26%
• DSCR: 2.12
• GRM: 5.5

CMA / ARV

• ARV (median comp): $90,897
• List price: $70,000
• Delta: -28.49%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
223 Cooper St	0.29mi	2/1.5	1,397 (+9%)	12mo	$85,000	$61	60
421 Druilhet St	0.29mi	2/2.0	1,321 (+3%)	23mo	$45,000	$34	59
905 Martin Luther King Dr	0.50mi	3/2.0 (+1)	1,363 (+6%)	15mo	$119,700	$88	45
527 Canal St	0.40mi	3/1.0 (+1)	1,403 (+9%)	23mo	$35,000	$25	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 18.8%
• Equity multiple: 1.76×
• Total profit: $14,916
• Equity at exit: $10,437

10-year hold

• IRR: 27.1%
• Equity multiple: 3.38×
• Total profit: $46,736
• Equity at exit: $6,052

Cash invested: $19,600 (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 →

ZIP-level market 70544

• Home prices YoY: -17.8%
• Active inventory: 33
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,054 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$24 /mo · $284/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$221
• Net cashflow: $413

Break-even live

Break-even rent $532

Max offer price $70,000

Occupancy floor 56%

Sensitivity live

Price	-10% $452	-5% $432	+0% $413	+5% $393	+10% $373
Rent	-10% $329	-5% $371	+0% $413	+5% $454	+10% $496
Rate	-1.0pp $448	-0.5pp $430	base $413	+0.5pp $395	+1.0pp $376

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-18
   days on market $70,000 Active 14 DOM
2. 2026-06-17
   days on market $70,000 Active 13 DOM
3. 2026-06-16
   days on market $70,000 Active 12 DOM
4. 2026-06-15
   days on market $70,000 Active 11 DOM
5. 2026-06-14
   days on market $70,000 Active 9 DOM
6. 2026-06-13
   days on market $70,000 Active 8 DOM
7. 2026-06-10
   days on market $70,000 Active 6 DOM
8. 2026-06-09
   days on market $70,000 Active 5 DOM
9. 2026-06-08
   days on market $70,000 Active 4 DOM
10. 2026-06-07
    days on market $70,000 Active 3 DOM
11. 2026-06-05
    remarks 406-char remark
12. 2026-06-05
    pricedays on marketlisting id $70,000 Active 1 DOM
13. 2026-06-03
    days on market $65,000 Active 22 DOM
14. 2026-06-02
    days on market $65,000 Active 21 DOM
15. 2026-06-01
    days on market $65,000 Active 20 DOM
16. 2026-05-31
    days on market $65,000 Active 19 DOM
17. 2026-05-30
    days on market $65,000 Active 18 DOM
18. 2026-05-12
    listed $65,000 Active 178-char remark
19. 2016-07-26
    listed $600
20. 2016-05-05
    listed $63,500
21. 2015-06-10
    listed $63,500
22. 2013-05-05
    listed $66,500
23. 2010-01-27
    soldstatus $64,500
24. 2010-01-25
    soldstatus $64,500
25. 2009-06-05
    listed $64,500
26. 2005-04-04
    soldstatus
27. 2005-03-30
    soldstatus $55,000
28. 2005-03-29
    soldstatus $55,000
29. 2004-10-12
    listed $59,900

ⓘ 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: $284 · $24/mo
• Projected year-2 tax: $385 · $32/mo
• Expected delta: +$101/yr (+$8/mo · 35.5%)

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

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 12% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°F today · 23 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

Taxation est. · year 1

• Rental income: $12,647
• − Mortgage interest: −$3,921
• − Property taxes: −$284
• − Insurance: −$350
• − Repairs & maintenance: −$1,012
• − Management: −$1,012
• − Depreciation: −$2,036
• Taxable income: $4,032
• Est. tax owed @ 24.0%: −$968
• After-tax cash flow: $3,984/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: Iberia Parish
• NCES district ID: 2200720
• Math proficiency: 32% ▼ -43.00%
• Reading proficiency: 43% ▼ -35.00%
• Median HH income: $43,289
• Composite: 31.74/100
• National rank: #5904
• State rank: #27 of 98 in LA

Livability — Jeanerette

• Score: 57/100
• State rank: #320
• US rank: #21825

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jeanerette, LA
• Population (ZIP): 10,407

Population outlook (Iberia County) Hauer SSP2

• Today (2025): 74,632 people
• By 2030: 74,368 · -0.4%
• By 2040: 73,223 · -1.9%
• By 2050: 71,728 · -3.9%
• By 2075: 69,028 · -7.5%
• By 2100: 65,018 · -12.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Black 48% White 35% Two or more races 6% Native American 4% Hispanic / Latino 3% Asian 3%
• Common ancestry: Lithuanian 8%
• Foreign-born: 2% · Canada, Vietnam
• Languages at home: 91% English-only · Spanish 4% French/Haitian/Cajun 3% Korean 1%

Political lean MEDSL · Iberia

• 2024 margin: Solid R (+34.1) · D 32.4% · R 66.5% · Other 1.1%
• 2008→2024 swing: -11.1pp toward R · 2008: -23.0pp · 2024: -34.1pp
• All cycles: 2024: R+34.1 2020: R+31.2 2016: R+31.4 2012: R+26.2 2008: R+23.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -23.88%
• Current HPI: 110.2806
• 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
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+16.9% since first listed

12 events — show timeline

• 2026-06-03 Listed $70,000 AcadianaMLS
• 2016-07-26 Listed $600 AcadianaMLS
• 2016-05-05 Listed $63,500 AcadianaMLS
• 2015-06-10 Listed $63,500 AcadianaMLS
• 2013-05-05 Listed $66,500 AcadianaMLS
• 2010-01-27 Sold (Public Records) $64,500 Public Records
• 2010-01-25 Sold (MLS) $64,500 AcadianaMLS
• 2009-06-05 Listed $64,500 AcadianaMLS
• 2005-04-04 Sold (Public Records) — Public Records
• 2005-03-30 Sold (Public Records) $55,000 Public Records
• 2005-03-29 Sold (MLS) $55,000 AcadianaMLS
• 2004-10-12 Listed $59,900 AcadianaMLS

Property tax history

-4.0%/yr

Latest (2025): $284 · +2.0% YoY. Source: county tax records.