211 Darlene Dr · Lafayette, LA 70508

$215,000

3 bd · 2.0 ba · 1,604 sqft · SingleFamily public records · 9 Days on market

Built 1981 0.26 ac lot Est $231k · 7% under

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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 +15.1/30.0
• ARV discount +10.6/15.0
• DSCR +4.6/10.0
• Schools +3.6/10.0
• 1% rule +3.5/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BRAND NEW ROOF! Professional Pics coming soon. This location is the deal and listings rarely come up here because families love it! This ranch style home has character and a great front porch, and floor plan. The seller has just recently painted interior and exterior of home. If you are looking for a LARGE 0.26 ACRE LOT, this one is it and All priced below 180k! With the low interest rates, you are sure to pay less than you do in Rent and own your own HOME! Located close to Broussard and all of its newest developments coming downtown and off of the Extension to connect to S. Lafayette, and to Youngsville. Getting kids back and forth from school , to after school activities and dinner to home will be a breeze. . It's also only minutes from Hwy 90 to hit the airport for you professional travelers

Key facts

• Beamed ceilings
• Front porch
• Oversized lot

Tags

• OVERSIZED LOT
• FRONT PORCH
• BACK PATIO
• BEAMED CEILINGS

Property features AI

Exterior

• Parking: Carport with 2 covered spaces (total 2 parking spaces)
• Utilities: Public sewer; Electric service: SLEMCO
• Home design: Single family residence
• Construction: Brick veneer, HardiPlank type, and frame construction; Composition roof
• Exterior features: Privacy wood fencing; Covered porch

Interior

• Kitchen: Kitchen island; Dishwasher; Other countertops
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: High ceilings; Beamed ceilings; Built-in bookcases and features; Cathedral ceiling(s); Crown molding; Kitchen island; Other countertops; Window treatments; Dishwasher; One wood-burning fireplace
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $71 ($849/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 $183k (15.1% below list).
• Recommended offer: $183k (15.1% below list) — sets the bar for 1% rule.
• Cap rate 6.7% vs local median 4.7% 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: Katharine Drexel Elementary School (math 34% / reading 57%, grade D-, #169 of 646 statewide, top 27%, 646 students, 69% FRL); Broussard Middle School (math 38% / reading 51%, grade D, #49 of 218 statewide, top 23%, 581 students, 60% FRL); O. Comeaux High School (math 38% / reading 40%, grade F, #86 of 265 statewide, top 33%, 1,098 students, 56% FRL).
• Market conditions: Rents rising (+1.2%/yr); 473 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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).

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

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• Current owner paid $186k; 16% 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 $182,580 (15.1% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.85% ✗
• Cap rate: 6.69%
• Cash-on-cash: 1.41%
• DSCR: 1.06
• GRM: 9.8

CMA / ARV

• ARV (on-the-fly): $230,976
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 Darlene Dr	0.05mi	3/2.0	1,686 (+5%)	8mo	$170,000	$101	82
316 Lafittes Landing Pass	0.21mi	3/2.0	1,625 (+1%)	9mo	$270,000	$166	81
126 Caladium Ct	0.29mi	3/2.5	1,678 (+5%)	1mo	$210,000	$125	76
301 Barataria Bay Pt	0.24mi	3/2.0	1,700 (+6%)	5mo	$262,500	$154	75
310 Lafittes Landing Pass	0.19mi	3/2.0	1,688 (+5%)	10mo	$259,000	$153	74
103 Cindy Dr	0.14mi	3/2.0	1,697 (+6%)	12mo	$218,000	$128	74
109 Barataria Bay	0.21mi	3/2.0	1,727 (+8%)	9mo	$275,000	$159	70
305 Barataria Bay Pt	0.24mi	3/2.5	1,767 (+10%)	1mo	$285,000	$161	69
202 Shady Park Dr	0.37mi	3/2.0	1,511 (-6%)	10mo	$152,200	$101	65
417 Row 1	0.34mi	3/2.0	1,401 (-13%)	3mo	$180,000	$128	61
100 Sandy Brook Ln	0.33mi	3/2.0	1,800 (+12%)	5mo	$259,000	$144	60
104 Rue Le Bois	0.41mi	3/2.0	1,825 (+14%)	3mo	$175,000	$96	56

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 · 1.23% rent growth · sell at horizon

5-year hold

• IRR: -15.9%
• Equity multiple: 0.44×
• Total profit: $-33,569
• Equity at exit: $32,057

10-year hold

• IRR: -10.8%
• Equity multiple: 0.40×
• Total profit: $-36,253
• Equity at exit: $18,589

Cash invested: $60,200 (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 70508

• Home prices YoY: -34.7%
• Rents YoY: 1.2%
• Active inventory: 473
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $1,826 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$155 /mo · $1,854/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$383
• Net cashflow: $71

Break-even live

Break-even rent $1,736

Max offer price $215,000

Occupancy floor 91%

Sensitivity live

Price	-10% $192	-5% $132	+0% $71	+5% $10	+10% $-51
Rent	-10% $-73	-5% $-1	+0% $71	+5% $143	+10% $215
Rate	-1.0pp $179	-0.5pp $125	base $71	+0.5pp $15	+1.0pp $-42

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: $53,750
• Closing costs: $6,450
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 Barataria Bay Pt Lafayette, LA	3.0	2.5	1712	$1,800	$1.05	45d	1	0.22mi
303 Barataria Bay Pt Lafayette, LA	3.0	2.5	1556	$1,850	$1.19	15d	1	0.25mi
104 Avalon St Lafayette, LA	3.0	2.0	1895	$1,800	$0.95	45d	1	0.65mi
111 Oak Plains Aly Lafayette, LA	2.0	2.0	1070	$1,550	$1.45	23d	1	0.83mi
502 Highland Oaks Ln Unit A Lafayette, LA	3.0	2.5	1500	$2,750	$1.83	45d	1	0.88mi
404 Highland Oaks Ln Lafayette, LA	2.0	2.5	1387	$1,895	$1.37	45d	1	0.88mi
207 Harbor Bend Blvd Lafayette, LA	3.0	2.0	1650	$1,595	$0.97	45d	1	1.11mi
106 Doubloon Dr Lafayette, LA	2.0	2.0	1200	$1,200	$1.00	45d	1	1.19mi
134 Sandest Dr Lafayette, LA	3.0	2.0	1173	$1,300	$1.11	23d	1	1.20mi
404 Sparrowhawk St Broussard, LA	3.0	2.0	1825	$2,200	$1.21	15d	1	1.23mi
207 Summerland Key Ln Lafayette, LA	4.0	3.0	2018	$2,350	$1.16	46d	1	1.29mi
210 Polly Ln Lafayette, LA	1.0–3.0	1.0–2.0	1064	$1,686	$1.58	15d	23	1.35mi
119 Coconut Grove Cir Lafayette, LA	3.0	2.5	1600	$1,800	$1.12	45d	1	1.50mi

Listing history 7 events

1. 2026-06-21
   days on market $215,000 Coming Soon 9 DOM
2. 2026-06-18
   days on market $215,000 Coming Soon 6 DOM
3. 2026-06-17
   days on market $215,000 Coming Soon 5 DOM
4. 2026-06-16
   days on market $215,000 Coming Soon 4 DOM
5. 2026-06-15
   days on market $215,000 Coming Soon 3 DOM
6. 2026-06-13
   remarks 181-char remark
7. 2026-06-13
   listed $215,000 Coming Soon 1 DOM

ⓘ 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: $1,854 · $155/mo
• Projected year-2 tax: $1,854 · $155/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 1/10 Low
• 🌡 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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,910
• − Mortgage interest: −$12,043
• − Property taxes: −$1,854
• − Insurance: −$1,075
• − Repairs & maintenance: −$1,753
• − Management: −$1,753
• − Depreciation: −$6,255
• Taxable loss: −$2,823
• Est. tax savings @ 24.0%: +$678
• After-tax cash flow: $1,527/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 — 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 · 207,544 people
• City population: 158,114
• Metro: Lafayette, LA
• Population (ZIP): 40,592
• Household income: $86,005
• Rent vs Own: 38.1% rent · 61.9% own
• Severe rent burden: 1860.0

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 (75%)
• Race & ethnicity: White 75% Black 13% Two or more races 7% Hispanic / Latino 5% Asian 3%
• Common ancestry: Lithuanian 20% Slovak 2% Italian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 91% English-only · Spanish 3% French/Haitian/Cajun 2% Other Indo-European 1%

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: ▼ -76.28%
• Current HPI: 143.6305
• Rent YoY: ▲ 1.23%
• 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

+54.7% since first listed

5 events — show timeline

• 2026-06-12 Coming Soon $215,000 AcadianaMLS
• 2021-05-04 Sold (Public Records) $186,000 Public Records
• 2021-05-03 Sold (MLS) $186,000 AcadianaMLS
• 2021-03-15 Listed $177,900 AcadianaMLS
• 2009-12-22 Sold (Public Records) $139,000 Public Records

Property tax history

+10.1%/yr

Latest (2025): $1,854 · -1.1% YoY. Source: county tax records.