7308 Alfred Rd · Maurice, LA 70555

$165,900

3 bd · 2.0 ba · 1,280 sqft · Manufactured public records · 54 Days on market

Built 2021 Good condition 1.00 ac lot $130/sqft · 29% below area Est $229k · 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 +27.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.8/10.0
• 1% rule +6.4/10.0
• Schools +3.9/10.0
• Livability +3.8/5.0
• Condition / age +3.8/5.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,248 sqft of comfortable living on a full acre of open space. From the moment you arrive, you'll appreciate the peaceful setting and the pride of ownership throughout.Inside, you'll find a warm and functional layout with an open living and kitchen area that makes everyday living and entertaining feel easy. The kitchen features plenty of cabinet space and flows seamlessly into the main living area, creating a natural gathering space for family and guests. The primary suite offers a spacious retreat with a large bathroom, dual vanities, soaking tub, and separate shower.Step outside and enjoy everything this property has to offer--from the wide-open yard to the 30x30 carport, perfect for vehicles, equipment, or weekend projects. A storage shed adds even more functionality to the space.If you're looking for a move-in ready home with room to breathe, this one checks all the boxes.

Key facts

• 1 acre lot
• 2 parking spots
• Built 2021

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $166k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $508 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $166k).
• Recommended offer: $161k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 6.0% in Maurice — 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 76/100 on livability (#15 in LA, #3,333 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Vermilion Parish (town): math 40% / reading 53% proficiency, ranked #15 of 98 in LA (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 248 active listings in the ZIP; solid renter incomes; 228 units permitted in Vermilion 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.
• Vermilion County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $46k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($161k) is reasonable based on typical stale-listing flexibility.

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 $160,923 (3.0% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 9.97%
• Cash-on-cash: 13.13%
• DSCR: 1.58
• GRM: 7.3

CMA / ARV

• ARV (median comp): $229,000
• List price: $165,900
• Delta: -27.55%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 3.0%
• Equity multiple: 1.12×
• Total profit: $5,414
• Equity at exit: $24,736

10-year hold

• IRR: 12.5%
• Equity multiple: 1.99×
• Total profit: $46,118
• Equity at exit: $14,344

Cash invested: $46,452 (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 70555

• Home prices YoY: -29.4%
• Active inventory: 248
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,899 medium
• Mortgage (P&I): −$870
• Tax from tax record: −$53 /mo · $635/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $508

Break-even live

Break-even rent $1,256

Max offer price $165,900

Occupancy floor 68%

Sensitivity live

Price	-10% $602	-5% $555	+0% $508	+5% $461	+10% $414
Rent	-10% $358	-5% $433	+0% $508	+5% $583	+10% $658
Rate	-1.0pp $592	-0.5pp $550	base $508	+0.5pp $465	+1.0pp $421

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: $41,475
• Closing costs: $4,977
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $165,900 Active 54 DOM
2. 2026-06-17
   days on market $165,900 Active 53 DOM
3. 2026-06-16
   days on market $165,900 Active 52 DOM
4. 2026-06-15
   days on market $165,900 Active 51 DOM
5. 2026-06-14
   pricedays on market $165,900 Active 49 DOM
6. 2026-06-13
   days on market $169,990 Active 48 DOM
7. 2026-06-10
   days on market $169,990 Active 46 DOM
8. 2026-06-09
   days on market $169,990 Active 45 DOM
9. 2026-06-08
   days on market $169,990 Active 44 DOM
10. 2026-06-07
    days on market $169,990 Active 43 DOM
11. 2026-06-03
    days on market $169,990 Active 39 DOM
12. 2026-06-02
    days on market $169,990 Active 38 DOM
13. 2026-06-01
    days on market $169,990 Active 37 DOM
14. 2026-05-31
    days on market $169,990 Active 36 DOM
15. 2026-05-30
    days on market $169,990 Active 35 DOM
16. 2026-04-25
    listed $175,000 Active 960-char remark

    Show marketing remark (960 chars)

    Welcome to this beautifully maintained 3-bedroom, 2-bath home offering 1,248 sqft of comfortable living on a full acre of open space. From the moment you arrive, you'll appreciate the peaceful setting and the pride of ownership throughout.Inside, you'll find a warm and functional layout with an open living and kitchen area that makes everyday living and entertaining feel easy. The kitchen features plenty of cabinet space and flows seamlessly into the main living area, creating a natural gathering space for family and guests. The primary suite offers a spacious retreat with a large bathroom, dual vanities, soaking tub, and separate shower.Step outside and enjoy everything this property has to offer--from the wide-open yard to the 30x30 carport, perfect for vehicles, equipment, or weekend projects. A storage shed adds even more functionality to the space.If you're looking for a move-in ready home with room to breathe, this one checks all the boxes.

ⓘ 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: $635 · $53/mo
• Projected year-2 tax: $912 · $76/mo
• Expected delta: +$277/yr (+$23/mo · 43.6%)

ⓘ 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 · 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: $22,788
• − Mortgage interest: −$9,293
• − Property taxes: −$635
• − Insurance: −$830
• − Repairs & maintenance: −$1,823
• − Management: −$1,823
• − Depreciation: −$4,826
• Taxable income: $3,558
• Est. tax owed @ 24.0%: −$854
• After-tax cash flow: $5,244/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 · 13 photos

Good 75/100 Cosmetic rehab

This well-maintained 3-bedroom, 2-bath home offers a spacious and functional layout with modern updates and a peaceful setting.

Value-add opportunities

• Resale Painting the exterior and interior walls — Fresh paint can enhance the home's curb appeal and make it more attractive to potential buyers.
• Both Landscaping improvements — Enhanced landscaping can improve the home's curb appeal and increase its rental value.

Renovation cost estimate screening

Value-add ROI direction

• Resale Painting the exterior and interior walls — Fresh paint can enhance the home's curb appeal and make it more attractive to potential buyers. ↑
• Both Landscaping improvements — Enhanced landscaping can improve the home's curb appeal and increase its rental value. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Vermilion Parish
• NCES district ID: 2201800
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 53% ▼ -32.00%
• Median HH income: $45,115
• Composite: 39.37/100
• National rank: #3974
• State rank: #15 of 98 in LA

Livability — Maurice

• Score: 76/100
• State rank: #15
• US rank: #3333

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Vermilion Parish · 8,759 people
• City population: 8,759
• Metro: Lafayette, LA
• Population (ZIP): 8,759
• Household income: $76,213
• Rent vs Own: 16.5% rent · 83.5% own
• Severe rent burden: 46.0

Population outlook (Vermilion County) Hauer SSP2

• Today (2025): 64,095 people
• By 2030: 65,915 · +2.8%
• By 2040: 68,985 · +7.6%
• By 2050: 70,804 · +10.5%
• By 2075: 73,897 · +15.3%
• By 2100: 71,793 · +12.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 8% Two or more races 5% Hispanic / Latino 4% Asian 3%
• Common ancestry: Lithuanian 25% Romanian 3% Italian 1%
• Foreign-born: 2% · Vietnam
• Languages at home: 93% English-only · French/Haitian/Cajun 4% Vietnamese 2% Spanish 1%

Political lean MEDSL · Vermilion

• 2024 margin: Solid R (+63.8) · D 17.6% · R 81.4% · Other 1.1%
• 2008→2024 swing: -16.3pp toward R · 2008: -47.5pp · 2024: -63.8pp
• All cycles: 2024: R+63.8 2020: R+61.9 2016: R+59.6 2012: R+52.8 2008: R+47.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.61%
• Current HPI: 133.7146
• Rent YoY: —
• Metro: Lafayette, 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

1 event — show timeline

• 2026-04-25 Listed $175,000 AcadianaMLS

Property tax history

+2.6%/yr

Latest (2025): $635 · -0.1% YoY. Source: county tax records.