602 Avenue B · Youngsville, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 9/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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
- Livability +3.9/5.0
- Schools +3.6/10.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$100,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Fixer upper opportunity in the heart of Youngsville! This 3 bedroom, 2 bathroom home sits directly across from G T Linden Elementary, offering unbeatable location and convenience. Perfect for investors or buyers ready to add their personal touch. Great potential in a sought after area!
Key facts
- Sought after area
- Unbeatable location
- 4,791 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $579 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $100k).
- Recommended offer: $91k (9.0% below list) — sets the bar for market timing.
- Cap rate 13.2% vs local median 4.8% in Youngsville — 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 78/100 on livability (#8 in LA, #2,614 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing 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.
- Market conditions: Rents rising (+1.6%/yr); 675 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k 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.
- At projected returns (-3.0% appreciation + 1.6% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 109 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1948 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- 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?
- Built in 1948 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.61% ✓
- Cap rate
- 13.25%
- Cash-on-cash
- 24.83%
- DSCR
- 2.10
- GRM
- 5.2
CMA / ARV
- ARV (median comp)
- $253,930
- List price
- $100,000
- Delta
- -60.62%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Projected returns pro-forma
-3.0% appreciation · 1.65% rent growth · sell at horizon
- IRR
- 16.7%
- Equity multiple
- 1.66×
- Total profit
- $18,566
- Equity at exit
- $14,910
- IRR
- 24.3%
- Equity multiple
- 2.97×
- Total profit
- $55,174
- Equity at exit
- $8,646
Cash invested: $28,000 (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
ZIP-level market 70592
- Home prices YoY
- -23.4%
- Rents YoY
- 1.6%
- Active inventory
- 675
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $1,608 high interval (Pro) →
- Mortgage (P&I)
- −$524
- Tax est. 1.5%
- −$125 /mo · $1,500/yr
- Insurance
- −$42
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$338
- Net cashflow
- $579
Break-even live
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
- $25,000
- Closing costs
- $3,000
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 6 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 205 Jacques St Youngsville, LA | 2.0 | 1.0 | 1100 | $995 | $0.90 | 20d | 1 | 0.48mi |
| 201 Prescott Blvd Youngsville, LA | 1.0–2.0 | 1.0–2.0 | 829 | $1,956 | $2.36 | 13d | 14 | 0.72mi |
| 200 Prescott Blvd Unit 302 Youngsville, LA | 1.0 | 1.0 | 565 | $1,399 | $2.48 | 43d | 1 | 0.77mi |
| 200 Crick Point WAY Youngsville, LA | 2.0–3.0 | 2.0 | 1134 | $1,815 | $1.60 | 13d | 6 | 0.82mi |
| 115 Gaunt Ln #205 Youngsville, LA | 1.0 | 1.5 | 850 | $1,495 | $1.76 | 43d | 1 | 0.83mi |
| 1931 Chemin Metairie Pkwy Youngsville, LA | 1.0–3.0 | 1.0–2.0 | 1132 | $1,599 | $1.41 | 13d | 69 | 1.00mi |
Listing history 17 events
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2026-06-18days on market $100,000 Active 109 DOM
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2026-06-17days on market $100,000 Active 108 DOM
-
2026-06-16days on market $100,000 Active 107 DOM
-
2026-06-15days on market $100,000 Active 106 DOM
-
2026-06-14days on market $100,000 Active 104 DOM
-
2026-06-13days on market $100,000 Active 103 DOM
-
2026-06-10days on market $100,000 Active 101 DOM
-
2026-06-09days on market $100,000 Active 100 DOM
-
2026-06-08days on market $100,000 Active 99 DOM
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2026-06-07days on market $100,000 Active 98 DOM
-
2026-06-05days on market $100,000 Active 95 DOM
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2026-06-03days on market $100,000 Active 94 DOM
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2026-06-02days on market $100,000 Active 93 DOM
-
2026-06-01days on market $100,000 Active 92 DOM
-
2026-05-31days on market $100,000 Active 91 DOM
-
2026-05-30days on market $100,000 Active 90 DOM
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2026-03-01$100,000 Active 286-char remark
Show marketing remark (286 chars)
Fixer upper opportunity in the heart of Youngsville! This 3 bedroom, 2 bathroom home sits directly across from G T Linden Elementary, offering unbeatable location and convenience. Perfect for investors or buyers ready to add their personal touch. Great potential in a sought after area!
ⓘ 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 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $19,298
- − Mortgage interest
- −$5,602
- − Property taxes
- −$1,500
- − Insurance
- −$500
- − Repairs & maintenance
- −$1,544
- − Management
- −$1,544
- − Depreciation
- −$2,909
- Taxable income
- $5,700
- Est. tax owed @ 24.0%
- −$1,368
- After-tax cash flow
- $5,585/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Youngsville, LA
- County
- Lafayette Parish · 207,544 people
- City population
- 32,167
- Metro
- Lafayette, LA
- Population (ZIP)
- 32,167
- Household income
- $93,204
- Rent vs 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 |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
1 event — show timeline
- 2026-03-01 Listed $100,000 AcadianaMLS
Property tax history
+25.1%/yrLatest (2025): $133 · -1.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…