2030 Saint Landry Hwy · Bunkie, LA 71367

$134,900

3 bd · 2.0 ba · 1,712 sqft · SingleFamily · 237 Days on market

0.62 ac lot $79/sqft · 23% below area Est $175k · 23% under ↓ 7% since listing

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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 +19.3/30.0
• ARV discount +15.0/15.0
• DSCR +6.1/10.0
• Appreciation +5.0/10.0
• 1% rule +4.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0

Listing remarks MLS

Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style. Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment. This property combines country living with convenient access to major routes -- great for anyone looking to settle in a peaceful yet accessible community of St. Landry.

Key facts

• Tile countertops
• Separate dining room
• Breakfast area

Tags

• ELECTRIC GLASS COOKTOP
• BUILT-IN ELECTRIC WALL OVEN
• TILE COUNTERTOPS
• GENEROUS SIZED LIVING ROOM
• BREAKFAST AREA
• SEPARATE DINING ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $148 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $121k (10.5% below list).
• Recommended offer: $119k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#267 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: health & safety C-, amenities F, commute F.
• Evangeline Parish (rural): math 23% / reading 36% proficiency, ranked #48 of 98 in LA (top 49%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Bayou Chicot Elementary School (math 26% / reading 43%, grade F, #284 of 646 statewide, top 46%, 661 students, 57% FRL).
• Market conditions: 4 active listings in the ZIP; 28 units permitted in Evangeline Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($933 loan paydown + $4k appreciation (3.0% local appreciation)).
• Evangeline County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, paydown + projected appreciation supports a ~$32k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 237 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $118,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 237 days. Have you received any prior offers? Is the seller open to a 12% 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. 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: 0.90% ✗
• Cap rate: 7.61%
• Cash-on-cash: 4.70%
• DSCR: 1.21
• GRM: 9.3

CMA / ARV

• ARV (median comp): $175,059
• List price: $134,900
• Delta: -22.94%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 11.9%
• Equity multiple: 1.68×
• Total profit: $25,608
• Equity at exit: $60,657

10-year hold

• IRR: 13.9%
• Equity multiple: 3.06×
• Total profit: $77,906
• Equity at exit: $93,479

Cash invested: $37,772 (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 71367

• Active inventory: 4
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,208 medium
• Mortgage (P&I): −$707
• Tax from tax record: −$43 /mo · $514/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$254
• Net cashflow: $148

Break-even live

Break-even rent $1,021

Max offer price $134,900

Occupancy floor 83%

Sensitivity live

Price	-10% $224	-5% $186	+0% $148	+5% $110	+10% $71
Rent	-10% $52	-5% $100	+0% $148	+5% $196	+10% $243
Rate	-1.0pp $216	-0.5pp $182	base $148	+0.5pp $113	+1.0pp $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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-21
   days on market $134,900 Active 237 DOM
2. 2026-06-21
   days on market $134,900 Active 236 DOM
3. 2026-06-18
   days on market $134,900 Active 234 DOM
4. 2026-06-17
   days on market $134,900 Active 233 DOM
5. 2026-06-16
   days on market $134,900 Active 232 DOM
6. 2026-06-15
   days on market $134,900 Active 231 DOM
7. 2026-06-13
   days on market $134,900 Active 229 DOM
8. 2026-06-12
   days on market $134,900 Active 228 DOM
9. 2026-06-09
   days on market $134,900 Active 225 DOM
10. 2026-06-08
    days on market $134,900 Active 224 DOM
11. 2026-06-07
    days on market $134,900 Active 223 DOM
12. 2026-06-07
    days on market $134,900 Active 222 DOM
13. 2026-06-04
    days on market $134,900 Active 219 DOM
14. 2026-06-02
    days on market $134,900 Active 218 DOM
15. 2026-06-01
    days on market $134,900 Active 217 DOM
16. 2026-05-31
    days on market $134,900 Active 216 DOM
17. 2026-05-31
    days on market $134,900 Active 215 DOM
18. 2026-03-24
    price $134,900 1205-char remark

    Show marketing remark (1206 chars)

    Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style.Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment.This property combines country living with convenient access to major routes -- ideal for anyone looking to settle in a peaceful yet accessible community of St. Landry.

19. 2026-03-24
    price $134,900 1206-char remark

    Show marketing remark (1206 chars)

    Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style.Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment.This property combines country living with convenient access to major routes -- ideal for anyone looking to settle in a peaceful yet accessible community of St. Landry.

20. 2026-01-14
    price $139,000 1205-char remark

    Show marketing remark (1206 chars)

    Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style.Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment.This property combines country living with convenient access to major routes -- ideal for anyone looking to settle in a peaceful yet accessible community of St. Landry.

21. 2026-01-14
    price $139,000 1206-char remark

    Show marketing remark (1206 chars)

    Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style.Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment.This property combines country living with convenient access to major routes -- ideal for anyone looking to settle in a peaceful yet accessible community of St. Landry.

22. 2025-10-27
    listed $145,000 Active 1205-char remark

    Show marketing remark (1206 chars)

    Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style.Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment.This property combines country living with convenient access to major routes -- ideal for anyone looking to settle in a peaceful yet accessible community of St. Landry.

23. 2025-10-27
    listed $145,000 Active 1206-char remark

    Show marketing remark (1206 chars)

    Conveniently located just 2.6 miles from Interstate 49, this well-maintained home is situated within the sought-after Bayou Chicot and Pine Prairie High School districts. The kitchen features an electric glass cooktop, built-in electric wall oven, and tile countertops, offering both functionality and timeless style.Boasting a generous sized living room, a breakfast area and a separate dining room providing the perfect space for family meals or entertaining guests. This home offers three comfortable bedrooms, each designed with comfort and functionality in mind. The primary bedroom provides a relaxing retreat with ample space for larger furniture and an ensuite bathroom. Additionally there are two bedrooms that have closets for convenient storage and windows that bring in plenty of natural light, creating bright and welcoming spaces throughout. Just off down the hallway you find a guest bathroom. Outside, you'll find a 2-car carport and a storage building, providing ample space for vehicles, tools, and outdoor equipment.This property combines country living with convenient access to major routes -- ideal for anyone looking to settle in a peaceful yet accessible community of St. Landry.

ⓘ 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: $514 · $43/mo
• Projected year-2 tax: $742 · $62/mo
• Expected delta: +$228/yr (+$19/mo · 44.4%)

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

Taxation est. · year 1

• Rental income: $14,496
• − Mortgage interest: −$7,556
• − Property taxes: −$514
• − Insurance: −$674
• − Repairs & maintenance: −$1,160
• − Management: −$1,160
• − Depreciation: −$3,924
• Taxable loss: −$493
• Est. tax savings @ 24.0%: +$118
• After-tax cash flow: $1,892/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: Evangeline Parish
• NCES district ID: 2200630
• Math proficiency: 23% ▼ -46.00%
• Reading proficiency: 36% ▼ -37.00%
• Median HH income: $31,769
• Composite: 24.0/100
• National rank: #7774
• State rank: #48 of 98 in LA

Livability — Bunkie

• Score: 59/100
• State rank: #267
• US rank: #19665

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,007

Population outlook (Evangeline County) Hauer SSP2

• Today (2025): 33,019 people
• By 2030: 32,359 · -2.0%
• By 2040: 30,860 · -6.5%
• By 2050: 29,125 · -11.8%
• By 2075: 24,605 · -25.5%
• By 2100: 18,499 · -44.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Black 6% Two or more races 2%
• Common ancestry: Lithuanian 25% Italian 2%
• Foreign-born: 1% · Canada
• Languages at home: 94% English-only · French/Haitian/Cajun 5% Spanish 1%

Political lean MEDSL · Evangeline

• 2024 margin: Solid R (+49.1) · D 24.9% · R 74.0% · Other 1.2%
• 2008→2024 swing: -24.4pp toward R · 2008: -24.7pp · 2024: -49.1pp
• All cycles: 2024: R+49.1 2020: R+44.7 2016: R+41.3 2012: R+30.7 2008: R+24.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• 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

-7.0% since first listed

6 events — show timeline

• 2026-03-24 Price Changed $134,900 AcadianaMLS
• 2026-03-24 Price Changed $134,900 AcadianaMLS
• 2026-01-14 Price Changed $139,000 AcadianaMLS
• 2026-01-14 Price Changed $139,000 AcadianaMLS
• 2025-10-27 Listed $145,000 AcadianaMLS
• 2025-10-27 Listed $145,000 AcadianaMLS

Property tax history

+2.7%/yr

Latest (2025): $514 · +0.2% YoY. Source: county tax records.