801 Vicnaire St · New Iberia, LA 70563

$175,000

4 bd · 2.0 ba · 2,002 sqft · Other · 69 Days on market

0.25 ac lot $87/sqft · 6% below area Est $186k · 6% under

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Why this score? — see what drove the C 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 +23.4/30.0
• ARV discount +10.3/15.0
• DSCR +7.5/10.0
• 1% rule +5.1/10.0
• Livability +3.7/5.0
• Schools +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This spacious home is located in a highly desirable subdivision, conveniently close to shopping and schools. There is a separate living room that offers flexible space that can easily be used as a playroom, home office, or additional lounge area. The home also includes a dining room and a kitchen with plenty of cabinet space for storage. AC and furnace were replaced in 2025, new double pane windows installed in 2021, and roof was last replaced in 2019 with a 3-ply architectural shingle.

Key facts

• Dining room
• Separate living room
• Roof replaced

Tags

• SEPARATE LIVING ROOM
• DINING ROOM
• KITCHEN WITH CABINET SPACE
• AC AND FURNACE REPLACED
• ROOF REPLACED

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath other listed at $175k.

Deal economics

• At list price, monthly cash flow is $325 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $164k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.5% vs local median 5.8% in New Iberia — 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 73/100 on livability (#33 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute D+, crime F, employment 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.
• Market conditions: 141 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 $1k of loan paydown is wiped out by about $5k 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.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($164k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 23y ago; this cycle's ask has dropped $14k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $110k; list at $175k implies a 59% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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 $164,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% 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 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?
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: 1.01% ✓
• Cap rate: 8.52%
• Cash-on-cash: 7.95%
• DSCR: 1.35
• GRM: 8.2

CMA / ARV

• ARV (median comp): $186,396
• List price: $175,000
• Delta: -6.11%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -4.2%
• Equity multiple: 0.84×
• Total profit: $-7,744
• Equity at exit: $26,093

10-year hold

• IRR: 5.4%
• Equity multiple: 1.40×
• Total profit: $19,639
• Equity at exit: $15,131

Cash invested: $49,000 (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 70563

• Home prices YoY: -35.0%
• Active inventory: 141
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,768 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$82 /mo · $980/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$371
• Net cashflow: $325

Break-even live

Break-even rent $1,357

Max offer price $175,000

Occupancy floor 77%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-18
   days on market $175,000 Active 69 DOM
2. 2026-06-17
   days on market $175,000 Active 68 DOM
3. 2026-06-16
   days on market $175,000 Active 67 DOM
4. 2026-06-15
   days on market $175,000 Active 66 DOM
5. 2026-06-14
   days on market $175,000 Active 64 DOM
6. 2026-06-13
   days on market $175,000 Active 63 DOM
7. 2026-06-10
   days on market $175,000 Active 61 DOM
8. 2026-06-09
   days on market $175,000 Active 60 DOM
9. 2026-06-08
   days on market $175,000 Active 59 DOM
10. 2026-06-07
    days on market $175,000 Active 58 DOM
11. 2026-06-05
    days on market $175,000 Active 55 DOM
12. 2026-06-03
    days on market $175,000 Active 54 DOM
13. 2026-06-02
    days on market $175,000 Active 53 DOM
14. 2026-06-01
    pricedays on market $175,000 Active 52 DOM
15. 2026-05-31
    days on market $185,000 Active 51 DOM
16. 2026-05-30
    days on market $185,000 Active 50 DOM
17. 2026-05-04
    price $185,000 491-char remark

    Show marketing remark (491 chars)

    This spacious home is located in a highly desirable subdivision, conveniently close to shopping and schools. There is a separate living room that offers flexible space that can easily be used as a playroom, home office, or additional lounge area. The home also includes a dining room and a kitchen with plenty of cabinet space for storage. AC and furnace were replaced in 2025, new double pane windows installed in 2021, and roof was last replaced in 2019 with a 3-ply architectural shingle.

18. 2026-04-14
    status Active 491-char remark

    Show marketing remark (491 chars)

    This spacious home is located in a highly desirable subdivision, conveniently close to shopping and schools. There is a separate living room that offers flexible space that can easily be used as a playroom, home office, or additional lounge area. The home also includes a dining room and a kitchen with plenty of cabinet space for storage. AC and furnace were replaced in 2025, new double pane windows installed in 2021, and roof was last replaced in 2019 with a 3-ply architectural shingle.

19. 2026-04-03
    status Pending 491-char remark

    Show marketing remark (491 chars)

    This spacious home is located in a highly desirable subdivision, conveniently close to shopping and schools. There is a separate living room that offers flexible space that can easily be used as a playroom, home office, or additional lounge area. The home also includes a dining room and a kitchen with plenty of cabinet space for storage. AC and furnace were replaced in 2025, new double pane windows installed in 2021, and roof was last replaced in 2019 with a 3-ply architectural shingle.

20. 2026-03-30
    listed $189,000 Active 491-char remark

    Show marketing remark (491 chars)

    This spacious home is located in a highly desirable subdivision, conveniently close to shopping and schools. There is a separate living room that offers flexible space that can easily be used as a playroom, home office, or additional lounge area. The home also includes a dining room and a kitchen with plenty of cabinet space for storage. AC and furnace were replaced in 2025, new double pane windows installed in 2021, and roof was last replaced in 2019 with a 3-ply architectural shingle.

21. 2007-03-07
    soldstatus $110,000
22. 2007-03-05
    soldstatus $110,000 375-char remark

    Show marketing remark (375 chars)

    Very nice and spacious family home in popular subdivision close to shopping and schools. Wonderful, extra large den with beamed ceiling and fireplace, large formal living room, perfect for use as play room or office, large formal dining area and kitchen with abundant cabinets. Large corner lot with awesome fenced backyard and storage shed. Lots of space for growing family.

23. 2006-08-10
    listed $122,500 375-char remark

    Show marketing remark (375 chars)

    Very nice and spacious family home in popular subdivision close to shopping and schools. Wonderful, extra large den with beamed ceiling and fireplace, large formal living room, perfect for use as play room or office, large formal dining area and kitchen with abundant cabinets. Large corner lot with awesome fenced backyard and storage shed. Lots of space for growing family.

24. 2003-11-21
    soldstatus $125,000
25. 2003-11-20
    soldstatus $125,000
26. 2003-07-18
    listed $125,000

ⓘ 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: $980 · $82/mo
• Projected year-2 tax: $980 · $82/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 (unshaded) · 0% 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,218
• − Mortgage interest: −$9,803
• − Property taxes: −$980
• − Insurance: −$875
• − Repairs & maintenance: −$1,697
• − Management: −$1,697
• − Depreciation: −$5,091
• Taxable income: $1,074
• Est. tax owed @ 24.0%: −$258
• After-tax cash flow: $3,637/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 — New Iberia

• Score: 73/100
• State rank: #33
• US rank: #5376

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Iberia, LA
• Population (ZIP): 19,947

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: Predominantly White (74%)
• Race & ethnicity: White 74% Black 16% Two or more races 5% Hispanic / Latino 5% Asian 2%
• Common ancestry: Lithuanian 19% Slovak 1% Romanian 1%
• Foreign-born: 2% · Canada, China
• Languages at home: 91% English-only · French/Haitian/Cajun 4% Spanish 2% Other Indo-European 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: ▼ -78.52%
• Current HPI: 146.1556
• 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

+48.0% since first listed

10 events — show timeline

• 2026-05-04 Price Changed $185,000 AcadianaMLS
• 2026-04-14 Relisted — AcadianaMLS
• 2026-04-03 Pending — AcadianaMLS
• 2026-03-30 Listed $189,000 AcadianaMLS
• 2007-03-07 Sold (Public Records) $110,000 Public Records
• 2007-03-05 Sold (MLS) $110,000 AcadianaMLS
• 2006-08-10 Listed $122,500 AcadianaMLS
• 2003-11-21 Sold (Public Records) $125,000 Public Records
• 2003-11-20 Sold (MLS) $125,000 AcadianaMLS
• 2003-07-18 Listed $125,000 AcadianaMLS

Property tax history

-0.7%/yr

Latest (2025): $980 · +2.0% YoY. Source: county tax records.