153 Louise Ln · Bayou Blue, LA 70364

$85,000

4 bd · 2.0 ba · 621 sqft · SingleFamily public records · 109 Days on market

Built 1961 $137/sqft · 25% above area ↓ 11% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.4/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

Key facts

• Built 1961
• Listed 108 days

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $483 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $85k).
• Recommended offer: $77k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.1% vs local median 3.5% in Bayou Blue — 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 59/100 on livability (#275 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute 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 Blue Elementary School (511 students, 58% FRL); Bayou Blue Middle School (math 20% / reading 51%, grade F, #91 of 218 statewide, top 42%, 424 students, 52% FRL); Central Lafourche High School (math 28% / reading 50%, grade F, #86 of 265 statewide, top 33%, 1,360 students, 61% FRL) — zoned schools at 57% FRL track the district average.
• Market conditions: 312 active listings in the ZIP; 319 units permitted in Lafourche Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 109 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; 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 $77,350 (9.0% below list)

Questions for the listing agent

1. It's been on market 109 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
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: 1.56% ✓
• Cap rate: 13.11%
• Cash-on-cash: 24.34%
• DSCR: 2.08
• GRM: 5.3

CMA / ARV

• ARV (median comp): $219,504
• List price: $85,000
• Delta: -61.28%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 17.6%
• Equity multiple: 1.71×
• Total profit: $16,980
• Equity at exit: $12,674

10-year hold

• IRR: 26.1%
• Equity multiple: 3.29×
• Total profit: $54,402
• Equity at exit: $7,349

Cash invested: $23,800 (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 70364

• Active inventory: 312
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,325 medium
• Mortgage (P&I): −$446
• Tax from tax record: −$83 /mo · $996/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$278
• Net cashflow: $483

Break-even live

Break-even rent $714

Max offer price $85,000

Occupancy floor 59%

Sensitivity live

Price	-10% $531	-5% $507	+0% $483	+5% $459	+10% $435
Rent	-10% $378	-5% $430	+0% $483	+5% $535	+10% $587
Rate	-1.0pp $526	-0.5pp $504	base $483	+0.5pp $461	+1.0pp $438

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Listing history 33 events

1. 2026-06-19
   days on market $85,000 Active 109 DOM
2. 2026-06-18
   days on market $85,000 Active 108 DOM
3. 2026-06-17
   days on market $85,000 Active 107 DOM
4. 2026-06-17
   price $85,000 Active 106 DOM
5. 2026-06-16
   days on market $88,000 Active 106 DOM
6. 2026-06-15
   days on market $88,000 Active 105 DOM
7. 2026-06-14
   days on market $88,000 Active 103 DOM
8. 2026-06-13
   days on market $88,000 Active 102 DOM
9. 2026-06-10
   pricedays on market $88,000 Active 100 DOM
10. 2026-06-09
    days on market $90,000 Active 99 DOM
11. 2026-06-08
    days on market $90,000 Active 98 DOM
12. 2026-06-07
    days on market $90,000 Active 97 DOM
13. 2026-06-05
    days on market $90,000 Active 94 DOM
14. 2026-06-03
    days on market $90,000 Active 93 DOM
15. 2026-06-02
    pricedays on market $90,000 Active 92 DOM
16. 2026-06-01
    days on market $92,000 Active 91 DOM
17. 2026-05-31
    days on market $92,000 Active 90 DOM
18. 2026-05-30
    days on market $92,000 Active 89 DOM
19. 2026-05-18
    price $92,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

20. 2026-05-18
    price $92,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

21. 2026-05-12
    price $93,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

22. 2026-05-12
    price $93,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

23. 2026-05-04
    price $94,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

24. 2026-05-04
    price $94,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

25. 2026-04-29
    price $96,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

26. 2026-04-28
    price $96,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

27. 2026-04-22
    price $97,500 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

28. 2026-04-22
    price $97,500 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

29. 2026-04-06
    price $100,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

30. 2026-04-06
    price $100,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

31. 2026-03-31
    price $103,000 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

32. 2026-03-01
    listed $103,000 Active 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

33. 2026-03-01
    listed $104,900 Active 469-char remark

    Show marketing remark (469 chars)

    Spacious 4-bedroom, 2-bath ranch-style home offering a functional layout and generous living area filled with natural light. The home sits on a well-sized lot and provides a great opportunity for a buyer ready to update and customize. The property previously experienced an interior fire and will require repairs and renovation. Smoke staining and interior damage are present in portions of the home. Buyers should plan for updates prior to occupancy. Being sold as-is.

ⓘ 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: $996 · $83/mo
• Projected year-2 tax: $996 · $83/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 5/10 Major FEMA zone X · 14% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°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: $15,903
• − Mortgage interest: −$4,761
• − Property taxes: −$996
• − Insurance: −$425
• − Repairs & maintenance: −$1,272
• − Management: −$1,272
• − Depreciation: −$2,473
• Taxable income: $4,703
• Est. tax owed @ 24.0%: −$1,129
• After-tax cash flow: $4,664/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 — Bayou Blue

• Score: 59/100
• State rank: #275
• US rank: #19981

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bayou Blue, LA
• County: Terrebonne Parish · 57,290 people
• City population: 28,990
• Metro: Houma-Thibodaux, LA
• Population (ZIP): 28,716
• Household income: $68,843
• Rent vs Own: 25.5% rent · 74.5% own
• Severe rent burden: 387.0

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: Majority White (65%)
• Race & ethnicity: White 65% Black 16% Hispanic / Latino 9% Two or more races 9% Native American 7% Asian 1%
• Hispanic origin (detail): Mexican 7% Puerto Rican 1%
• Common ancestry: Lithuanian 17% Slovak 1% Serbian 1%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 4% French/Haitian/Cajun 2% Other Indo-European 1%

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: ▼ -99.75%
• Current HPI: 113.1047
• Rent YoY: —
• 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

-10.7% since first listed

15 events — show timeline

• 2026-05-18 Price Changed $92,000 AcadianaMLS
• 2026-05-18 Price Changed $92,000 GSREIN
• 2026-05-12 Price Changed $93,000 AcadianaMLS
• 2026-05-12 Price Changed $93,000 GSREIN
• 2026-05-04 Price Changed $94,000 AcadianaMLS
• 2026-05-04 Price Changed $94,000 GSREIN
• 2026-04-29 Price Changed $96,000 AcadianaMLS
• 2026-04-28 Price Changed $96,000 GSREIN
• 2026-04-22 Price Changed $97,500 AcadianaMLS
• 2026-04-22 Price Changed $97,500 GSREIN
• 2026-04-06 Price Changed $100,000 GSREIN
• 2026-04-06 Price Changed $100,000 AcadianaMLS
• 2026-03-31 Price Changed $103,000 GSREIN
• 2026-03-01 Listed $104,900 GSREIN
• 2026-03-01 Listed $103,000 AcadianaMLS

Property tax history

+2.6%/yr

Latest (2024): $996 · +0.3% YoY. Source: county tax records.