314 Duson St · Lafayette, LA 70506

$189,000

5 bd · 3.0 ba · 3,877 sqft · SingleFamily · 486 Days on market

Built 1865 Fair condition 0.50 ac lot $49/sqft · 58% below area ↓ 13% 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 +19.1/30.0
• ARV discount +7.5/15.0
• DSCR +6.0/10.0
• 1% rule +5.1/10.0
• Schools +4.5/10.0
• Rent growth +3.5/5.0
• Livability +3.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The home and shop will need some attention, but together, they create unlimited possibilities for its newowner. Positioned just off of Eraste Landry, it is a great location for home and business. All nine rooms in the house are spacious, but the age of the home still provides the same charm as any old home. The spacious upstairs features a separate kitchen for convenience and can also serve a tenant who may want to rent a studio apartment. The warehouse next door features 1760 sq. ft. for added storage and can easily be converted for many other uses.

Key facts

• 0.5 acre lot
• 2 parking spots
• Built 1865

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $189k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $189k).
• Recommended offer: $166k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 4.9% in Lafayette — 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 70/100 on livability (#63 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities C-, employment C-, crime F.
• Lafayette Parish (urban): math 38% / reading 46% proficiency, ranked #19 of 98 in LA (top 19%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: J. Wallace James Elementary School (math 46% / reading 49%, grade D, #147 of 646 statewide, top 23%, 939 students, 64% FRL); Lafayette Middle School (math 12% / reading 29%, grade F, #161 of 218 statewide, top 76%, 369 students, 83% FRL); Acadiana High School (math 31% / reading 29%, grade F, #125 of 265 statewide, top 47%, 1,813 students, 56% FRL).
• Market conditions: Rents rising fast (+4.1%/yr); 520 active listings in the ZIP; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
• This rent runs 40% of the median local income ($57k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 486 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1865 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $166,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 486 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1865 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 7.56%
• Cash-on-cash: 4.51%
• DSCR: 1.20
• GRM: 8.3

CMA / ARV

• ARV (median comp): $455,000
• List price: $189,000
• Delta: -56.26%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 Alphonse Dr	0.24mi	5/4.5	3,986 (+3%)	6mo	$455,000	$114	74
1303 Myrtle Pl	0.67mi	4/4.0 (-1)	3,844 (-1%)	1mo	$925,000	$241	57
100 Billeaud Ln	0.36mi	5/3.5	3,491 (-10%)	11mo	$425,000	$122	55
513 Robert Lee Cir	0.62mi	5/3.5	3,311 (-15%)	9mo	$421,450	$127	38
703 Myrtle Pl	0.93mi	4/3.5 (-1)	3,451 (-11%)	18mo	$585,000	$170	24

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 · 4.12% rent growth · sell at horizon

5-year hold

• IRR: -8.0%
• Equity multiple: 0.70×
• Total profit: $-15,754
• Equity at exit: $28,181

10-year hold

• IRR: 3.0%
• Equity multiple: 1.22×
• Total profit: $11,830
• Equity at exit: $16,341

Cash invested: $52,920 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 4 active · 3 under contract
• Months of supply: 6.0 mo (17%/mo absorbed)
• Median asking: $374,950 ($122/sqft)
• Median days on market: 38 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -3.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70506

• Home prices YoY: -34.8%
• Rents YoY: 4.1%
• Active inventory: 520
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,905 medium
• Mortgage (P&I): −$991
• Tax est. 1.5%: −$236 /mo · $2,835/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$400
• Net cashflow: $199

Break-even live

Break-even rent $1,653

Max offer price $189,000

Occupancy floor 85%

Sensitivity live

Price	-10% $330	-5% $264	+0% $199	+5% $134	+10% $68
Rent	-10% $48	-5% $124	+0% $199	+5% $274	+10% $349
Rate	-1.0pp $294	-0.5pp $247	base $199	+0.5pp $150	+1.0pp $100

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: $47,250
• Closing costs: $5,670
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Listing history 50 events

1. 2026-08-08
   days on market $189,000 Active 486 DOM
2. 2026-08-07
   days on market $189,000 Active 485 DOM
3. 2026-08-06
   days on market $189,000 Active 484 DOM
4. 2026-08-05
   days on market $189,000 Active 483 DOM
5. 2026-08-04
   pricedays on market $189,000 Active 482 DOM
6. 2026-08-03
   days on market $199,000 Active 481 DOM
7. 2026-07-31
   days on market $199,000 Active 478 DOM
8. 2026-07-30
   days on market $199,000 Active 477 DOM
9. 2026-07-29
   days on market $199,000 Active 476 DOM
10. 2026-07-27
    days on market $199,000 Active 474 DOM
11. 2026-07-23
    days on market $199,000 Active 470 DOM
12. 2026-07-22
    days on market $199,000 Active 469 DOM
13. 2026-07-21
    days on market $199,000 Active 468 DOM
14. 2026-07-18
    days on market $199,000 Active 465 DOM
15. 2026-07-16
    days on market $199,000 Active 463 DOM
16. 2026-07-16
    days on market $199,000 Active 462 DOM
17. 2026-07-14
    days on market $199,000 Active 461 DOM
18. 2026-07-13
    days on market $199,000 Active 460 DOM
19. 2026-07-12
    days on market $199,000 Active 459 DOM
20. 2026-07-11
    days on market $199,000 Active 458 DOM
21. 2026-07-10
    days on market $199,000 Active 457 DOM
22. 2026-07-09
    days on market $199,000 Active 456 DOM
23. 2026-07-08
    days on market $199,000 Active 455 DOM
24. 2026-07-07
    days on market $199,000 Active 454 DOM
25. 2026-07-06
    days on market $199,000 Active 453 DOM
26. 2026-07-05
    days on market $199,000 Active 452 DOM
27. 2026-07-04
    days on market $199,000 Active 451 DOM
28. 2026-07-03
    days on market $199,000 Active 450 DOM
29. 2026-07-02
    days on market $199,000 Active 449 DOM
30. 2026-07-01
    days on market $199,000 Active 448 DOM
31. 2026-06-30
    days on market $199,000 Active 447 DOM
32. 2026-06-29
    days on market $199,000 Active 446 DOM
33. 2026-06-28
    days on market $199,000 Active 445 DOM
34. 2026-06-28
    days on market $199,000 Active 444 DOM
35. 2026-06-27
    days on market $199,000 Active 443 DOM
36. 2026-06-25
    days on market $199,000 Active 441 DOM
37. 2026-06-23
    pricedays on market $199,000 Active 439 DOM
38. 2026-06-21
    days on market $204,000 Active 438 DOM
39. 2026-06-18
    days on market $204,000 Active 435 DOM
40. 2026-06-17
    days on market $204,000 Active 434 DOM
41. 2026-06-16
    days on market $204,000 Active 433 DOM
42. 2026-06-15
    days on market $204,000 Active 432 DOM
43. 2026-06-14
    days on market $204,000 Active 430 DOM
44. 2026-06-13
    days on market $204,000 Active 429 DOM
45. 2026-06-10
    days on market $204,000 Active 427 DOM
46. 2026-06-09
    days on market $204,000 Active 426 DOM
47. 2026-06-08
    days on market $204,000 Active 425 DOM
48. 2026-06-07
    days on market $204,000 Active 424 DOM
49. 2026-06-05
    days on market $204,000 Active 421 DOM
50. 2026-06-03
    days on market $204,000 Active 420 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 20 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,862
• − Mortgage interest: −$10,587
• − Property taxes: −$2,835
• − Insurance: −$945
• − Repairs & maintenance: −$1,829
• − Management: −$1,829
• − Depreciation: −$5,498
• Taxable loss: −$661
• Est. tax savings @ 24.0%: +$159
• After-tax cash flow: $2,546/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

Fair 45/100 Moderate rehab Est. rehab $96,925–$174,465 screening

This property requires extensive repairs and updates to its exterior and interior, but presents significant potential for increased value through renovations.

Repairs flagged

• Major roof — Exposed roof structure
• Major exterior siding — Weathered siding
• Major exterior fencing — In poor condition
• Major interior flooring — Worn and damaged
• Major interior paint — Peeling and worn
• Major interior kitchen cabinets — Worn and damaged
• Major interior bathroom fixtures — Worn and damaged
• Major interior living room furniture — Worn and damaged
• Major interior dining room furniture — Worn and damaged
• Major interior bedroom furniture — Worn and damaged
• Major interior office furniture — Worn and damaged

Value-add opportunities

• Both Painting and updating exterior siding — Enhances curb appeal and value ↑
• Both Flooring replacement — Improves living space and rental appeal ↑
• Both Kitchen and bathroom updates — Modernizes spaces and increases value ↑
• Both Furniture replacement — Updates interior spaces and enhances rental appeal ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 45/100

Zoned Schools

Elementary Myrtle Place Elementary School B- LA #65/646 Nat'l #7,252/41,679 Middle Lafayette Middle School F LA #161/218 Nat'l #11,564/14,009 High Lafayette High School C- LA #28/265 Nat'l #4,773/17,239

Schools (NCES district)

• District: Lafayette Parish
• NCES district ID: 2200870
• Math proficiency: 38% ▼ -32.00%
• Reading proficiency: 46% ▼ -24.00%
• Median HH income: $50,238
• Composite: 36.15/100
• National rank: #4741
• State rank: #19 of 98 in LA

B Composite livability gradescore 70/100

Livability — Lafayette

• Score: 70/100
• State rank: #63
• US rank: #8133

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lafayette, LA
• County: Lafayette Parish · 280,930 people
• City population: 158,114
• Metro: Lafayette, LA
• Population (ZIP): 42,318
• Household income: $57,379
• Rent vs Own: 50.4% rent · 49.6% own
• Severe rent burden: 9% of renters

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Population outlook (Lafayette County) Hauer SSP2

• Today (2025): 280,930 people
• By 2030: 301,092 · +7.2%
• By 2040: 339,456 · +20.8%
• By 2050: 375,156 · +33.5%
• By 2075: 451,672 · +60.8%
• By 2100: 497,203 · +77.0%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: White 60% Black 20% Hispanic / Latino 13% Two or more races 13% Asian 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 18% Armenian 1% Slovak 1%
• Foreign-born: 12% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 9% French/Haitian/Cajun 3% Vietnamese 1%

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Political lean MEDSL · Lafayette

• 2024 margin: Solid R (+31.4) · D 33.5% · R 64.8% · Other 1.7%
• 2008→2024 swing: -0.1pp no change · 2008: -31.3pp · 2024: -31.4pp
• All cycles: 2024: R+31.4 2020: R+28.7 2016: R+33.6 2012: R+33.7 2008: R+31.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -75.28%
• Current HPI: 140.8445
• Rent YoY: ▲ 4.12%
• Metro: Lafayette, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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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

-13.2% since first listed

6 events — show timeline

• 2026-05-18 Price Changed $204,000 AcadianaMLS
• 2026-04-23 Price Changed $209,000 AcadianaMLS
• 2026-03-19 Price Changed $214,000 AcadianaMLS
• 2026-02-20 Price Changed $220,000 AcadianaMLS
• 2025-10-14 Price Changed $230,000 AcadianaMLS
• 2025-04-08 Listed $235,000 AcadianaMLS