228 Santander Dr · Youngsville, LA 70592

$349,900

3 bd · 2.0 ba · 2,014 sqft · SingleFamily public records · 18 Days on market

Built 2019 6,098 sqft lot Est $354k · at est. $29/mo HOA · 1% of rent

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Why this score? — see what drove the D- 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 +11.7/30.0
• ARV discount +8.1/15.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• DSCR +3.4/10.0
• Rent growth +2.9/5.0
• 1% rule +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 3 bedroom 2 bath split floor plan with vaulted ceilings is a must see! Open floor plan fro kitchen to the living room. The flow of the master bedroom with tall ceilings into the double vanity bathroom with soaker tub, walk-in shower flows into the spacious master closet. What a great floor plan. Enjoy the outdoors on the patio with a fireplace and bricked-in grill and mini-fridge; and fully fenced-in yard.

Key facts

• Open-concept design
• Soaking tub
• Split floor plan

Tags

• SPLIT FLOOR PLAN
• VAULTED CEILINGS
• OPEN-CONCEPT DESIGN
• LUXURIOUS EN-SUITE BATHROOM
• DOUBLE VANITIES
• SOAKING TUB

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-102 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $332k (5.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $268k (23.5% below list).
• Recommended offer: $268k (23.5% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 4.8% in Youngsville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 78/100 on livability (#8 in LA, #2,614 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: amenities F, commute 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: Ernest Gallet Elementary School (math 74% / reading 68%, grade A-, #23 of 646 statewide, top 4%, 702 students, 40% FRL); Youngsville Middle School (math 42% / reading 52%, grade D+, #37 of 218 statewide, top 18%, 646 students, 49% FRL); Southside High School (math 52% / reading 53%, grade C-, #30 of 265 statewide, top 12%, 1,910 students, 39% FRL).
• Zoned-school proficiency averages 57% at this address vs 42% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Lafayette Parish average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+1.6%/yr); 675 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
• This rent runs 34% of the median local income ($93k/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 $2k of loan paydown is wiped out by about $10k 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 18 days — a 2% lower offer ($345k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 8y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $288k; 21% above their basis — modest negotiation headroom, anchor on the comps not their cost.

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 $267,592 (23.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.76% ✗
• Cap rate: 5.94%
• Cash-on-cash: -1.25%
• DSCR: 0.94
• GRM: 10.9

CMA / ARV

• ARV (on-the-fly): $354,464
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
228 Santander Dr	0.00mi	3/2.0	2,006 (-0%)	1mo	$349,900	$174	99
208 San Marcos Dr	0.10mi	3/2.0	1,953 (-3%)	8mo	$390,000	$200	84
204 Central Village Way	0.16mi	4/2.0 (+1)	1,874 (-7%)	0mo	$318,600	$170	76
100 Rio Dr	0.17mi	3/2.5	1,843 (-8%)	1mo	$321,900	$175	75
200 Rio Dr	0.08mi	3/2.0	1,843 (-8%)	9mo	$323,500	$176	75
210 Central Village Way	0.14mi	3/2.5	1,843 (-8%)	3mo	$317,000	$172	75
103 Santander Dr	0.16mi	3/2.0	1,871 (-7%)	8mo	$340,000	$182	74
203 Central Village Way	0.18mi	4/2.0 (+1)	1,873 (-7%)	2mo	$318,500	$170	73
226 Central Village Way	0.16mi	3/2.0	1,767 (-12%)	7mo	$311,500	$176	67
202 Central Village Way	0.16mi	3/2.0	1,719 (-15%)	2mo	$302,200	$176	66
227 Central Village Way	0.16mi	3/2.0	1,719 (-15%)	10mo	$302,200	$176	60
116 Border Ct	0.60mi	4/2.0 (+1)	1,899 (-6%)	8mo	$227,000	$120	51

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 · 1.65% rent growth · sell at horizon

5-year hold

• IRR: -19.8%
• Equity multiple: 0.32×
• Total profit: $-66,867
• Equity at exit: $52,171

10-year hold

• IRR: -15.6%
• Equity multiple: 0.17×
• Total profit: $-81,258
• Equity at exit: $30,253

Cash invested: $97,972 (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 70592

• Home prices YoY: -23.4%
• Rents YoY: 1.6%
• Active inventory: 675
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $2,676 high
• Mortgage (P&I): −$1,835
• Tax from tax record: −$206 /mo · $2,476/yr
• Insurance: −$146
• HOA: −$29
• Vacancy / Maint / Mgmt: −$562
• Net cashflow: $-102

Break-even live

Break-even rent $2,805

Max offer price $331,877

Occupancy floor 99%

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
117 San Sebastian Dr Youngsville, LA	4.0	3.0	2239	$3,500	$1.56	13d	1	0.15mi
305 San Sebastian Dr Youngsville, LA	4.0	3.0	2128	$2,800	$1.32	43d	1	0.17mi
213 Garden Oaks Ave Youngsville, LA	4.0	3.0	2334	$2,600	$1.11	43d	1	0.51mi
106 Royal Oak St Youngsville, LA	3.0	2.0	1616	$1,895	$1.17	43d	1	0.52mi
111 Abbeywood Ct Youngsville, LA	3.0	2.0	1616	$1,800	$1.11	21d	1	0.65mi
102 Border Ct Youngsville, LA	4.0	2.0	1786	$2,100	$1.18	13d	1	0.68mi

HOA detail

• Monthly dues: $29 · $348/yr

Listing history 8 events

1. 2026-04-24
   status Pending
2. 2026-04-13
   status Active
3. 2026-04-07
   status Pending
4. 2026-03-30
   listed $349,900 Active
5. 2020-06-09
   soldstatus $288,500 414-char remark

   Show marketing remark (414 chars)

   This 3 bedroom 2 bath split floor plan with vaulted ceilings is a must see! Open floor plan fro kitchen to the living room. The flow of the master bedroom with tall ceilings into the double vanity bathroom with soaker tub, walk-in shower flows into the spacious master closet. What a great floor plan. Enjoy the outdoors on the patio with a fireplace and bricked-in grill and mini-fridge; and fully fenced-in yard.

6. 2019-08-29
   listed $288,500 414-char remark

   Show marketing remark (414 chars)

   This 3 bedroom 2 bath split floor plan with vaulted ceilings is a must see! Open floor plan fro kitchen to the living room. The flow of the master bedroom with tall ceilings into the double vanity bathroom with soaker tub, walk-in shower flows into the spacious master closet. What a great floor plan. Enjoy the outdoors on the patio with a fireplace and bricked-in grill and mini-fridge; and fully fenced-in yard.

7. 2018-08-01
   soldstatus $42,500 654-char remark

   Show marketing remark (654 chars)

   San Sebastian Neighborhood is located on Verot School road past Hwy 92 traffic circle and is within 5 minutes of Rouses, Youngsville Sport Complex and zoned for the new Southside High School. High & Dry in the August 2016 Flood! Developed, Built, and Sold by Locals - San Sebastian offers multiple local builders with a variety of floorplans. The neighborhood features a 7 acre lake with common area to fish, have a picnic, or take an evening stroll. Your children can enjoy the neighborhood park and playground which will be tucked away in a cul-de-sac lot. Call to start the process of picking your future homes lot. Lake lots are still available!!

8. 2018-03-25
   listed $42,500 654-char remark

   Show marketing remark (654 chars)

   San Sebastian Neighborhood is located on Verot School road past Hwy 92 traffic circle and is within 5 minutes of Rouses, Youngsville Sport Complex and zoned for the new Southside High School. High & Dry in the August 2016 Flood! Developed, Built, and Sold by Locals - San Sebastian offers multiple local builders with a variety of floorplans. The neighborhood features a 7 acre lake with common area to fish, have a picnic, or take an evening stroll. Your children can enjoy the neighborhood park and playground which will be tucked away in a cul-de-sac lot. Call to start the process of picking your future homes lot. Lake lots are still available!!

ⓘ 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: $2,476 · $206/mo
• Projected year-2 tax: $2,476 · $206/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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: $32,111
• − Mortgage interest: −$19,600
• − Property taxes: −$2,476
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,569
• − Management: −$2,569
• − HOA: −$348
• − Depreciation: −$10,179
• Taxable loss: −$7,379
• Est. tax savings @ 24.0%: +$1,771
• After-tax cash flow: $547/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: 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

Livability — Youngsville

• Score: 78/100
• State rank: #8
• US rank: #2614

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lafayette Parish · 207,544 people
• City population: 32,167
• Metro: Lafayette, LA
• Population (ZIP): 32,167
• Household income: $93,204
• Rent vs Own: 12.9% rent · 87.1% own
• Severe rent burden: 424.0

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 10% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 24% Romanian 3% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · French/Haitian/Cajun 3% Spanish 2%

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: ▼ -41.24%
• Current HPI: 135.2825
• Rent YoY: ▲ 1.65%
• 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

+723.3% since first listed

8 events — show timeline

• 2026-04-24 Pending — AcadianaMLS
• 2026-04-13 Relisted — AcadianaMLS
• 2026-04-07 Pending — AcadianaMLS
• 2026-03-30 Listed $349,900 AcadianaMLS
• 2020-06-09 Sold (MLS) $288,500 AcadianaMLS
• 2019-08-29 Listed $288,500 AcadianaMLS
• 2018-08-01 Sold (MLS) $42,500 AcadianaMLS
• 2018-03-25 Listed $42,500 AcadianaMLS

Property tax history

+73.6%/yr

Latest (2025): $2,476 · -1.3% YoY. Source: county tax records.