118 Santa Marta Dr · Youngsville, LA 70592

$232,500

3 bd · 2.0 ba · 1,418 sqft · SingleFamily public records · 26 Days on market

Built 2021 2,178 sqft lot Est $213k · 9% over

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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 +13.6/30.0
• DSCR +4.1/10.0
• Livability +3.9/5.0
• Schools +3.6/10.0
• ARV discount +3.3/15.0
• 1% rule +3.0/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming, move-in ready cottage is filled with today's most sought-after finishes and a bright, airy feel!! Vaulted ceilings, luxury wide-plank flooring, custom cabinetry, granite countertops, elegant gold accents, and designer lighting create a timeless style throughout. The split floorplan offers privacy with a spacious primary suite tucked away from the two additional bedrooms and shared bath. Outside, enjoy a quaint, low-maintenance backyard and patio perfect for relaxing. Stylish, functional, and move-in ready - this home won't last long!

Key facts

• 2,178 sq ft lot
• Parking
• Built 2021

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $232k.

Deal economics

• At list price, monthly cash flow is $11 ($133/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 $187k (19.7% below list).
• Recommended offer: $187k (19.7% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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: 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: J. Wallace James Elementary School (math 46% / reading 49%, grade D, #147 of 646 statewide, top 23%, 939 students, 64% FRL); Youngsville Middle School (math 42% / reading 52%, grade D+, #37 of 218 statewide, top 18%, 646 students, 49% FRL); O. Comeaux High School (math 38% / reading 40%, grade F, #86 of 265 statewide, top 33%, 1,098 students, 56% FRL) — zoned schools at 56% FRL track the district average.
• Market conditions: Rents rising (+1.6%/yr); 684 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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 $2k of loan paydown is wiped out by about $7k 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 26 days — a 2% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y 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.

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 $186,591 (19.7% 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 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?
3. 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?
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: 0.80% ✗
• Cap rate: 6.35%
• Cash-on-cash: 0.20%
• DSCR: 1.01
• GRM: 10.4

CMA / ARV

• ARV (on-the-fly): $212,700
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
124 Santa Marta Dr	0.04mi	3/2.0	1,325 (-7%)	1mo	$223,000	$168	86
102 Santa Marta Dr	0.07mi	3/2.0	1,319 (-7%)	11mo	$205,000	$155	76
144 Wild Rose Ln	0.34mi	3/2.0	1,486 (+5%)	3mo	$229,900	$155	74
107 Village Green Dr	0.58mi	3/2.0	1,403 (-1%)	2mo	$205,000	$146	69
129 Meadow Glen Dr	0.74mi	3/2.0	1,436 (+1%)	0mo	$215,000	$150	63
108 Wild Rose Ln	0.49mi	3/2.0	1,484 (+5%)	9mo	$227,925	$154	62
101 Briar Green Dr	0.53mi	3/2.0	1,467 (+4%)	11mo	$162,750	$111	60
101 Meadow Glen Dr	0.57mi	3/2.0	1,312 (-8%)	5mo	$180,000	$137	57
109 Briar Green Dr	0.58mi	3/2.0	1,550 (+9%)	5mo	$190,000	$123	53
207 Chimney Rock Blvd	0.74mi	3/2.0	1,260 (-11%)	3mo	$178,000	$141	45
119 Briar Green Dr	0.64mi	2/2.0 (-1)	1,524 (+8%)	12mo	$209,000	$137	42
142 Chimney Rock Blvd	0.72mi	3/2.0	1,228 (-13%)	8mo	$202,500	$165	38

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: -17.4%
• Equity multiple: 0.39×
• Total profit: $-39,531
• Equity at exit: $34,667

10-year hold

• IRR: -12.0%
• Equity multiple: 0.33×
• Total profit: $-43,747
• Equity at exit: $20,102

Cash invested: $65,100 (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: 684
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,866 high
• Mortgage (P&I): −$1,219
• Tax from tax record: −$147 /mo · $1,762/yr
• Insurance: −$97
• HOA: −$0
• Vacancy / Maint / Mgmt: −$392
• Net cashflow: $11

Break-even live

Break-even rent $1,852

Max offer price $232,500

Occupancy floor 94%

Sensitivity live

Price	-10% $143	-5% $77	+0% $11	+5% $-55	+10% $-121
Rent	-10% $-136	-5% $-63	+0% $11	+5% $85	+10% $158
Rate	-1.0pp $128	-0.5pp $70	base $11	+0.5pp $-49	+1.0pp $-110

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: $58,125
• Closing costs: $6,975
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
127 Santa Marta Dr Youngsville, LA	3.0	2.0	1305	$1,800	$1.38	23d	1	0.04mi
118 Village Green Dr Youngsville, LA	3.0	2.0	1410	$1,800	$1.28	15d	1	0.66mi
136 Kirkwood Ln Youngsville, LA	3.0	2.0	1600	$1,500	$0.94	15d	1	0.80mi
117 Harvey Cay Ln Youngsville, LA	3.0	2.0	1499	$1,950	$1.30	45d	1	0.89mi
408 Rue Canard Youngsville, LA	3.0	2.0	1600	$1,800	$1.12	45d	1	0.90mi
502 Chemin Metairie Rd Unit B Youngsville, LA	2.0	1.5	1100	$995	$0.90	45d	1	0.95mi
431 Chemin Metairie Rd Youngsville, LA	3.0	2.5	1542	$1,270	$0.82	23d	1	0.98mi
130 Windermere Cir Youngsville, LA	3.0	2.0	1493	$4,500	$3.01	45d	1	1.06mi
119 Gadwall Dr Youngsville, LA	2.0	2.5	1453	$1,795	$1.24	45d	1	1.16mi
105 Firethorn Dr Youngsville, LA	2.0	2.5	1453	$1,695	$1.17	23d	1	1.19mi
510 Annaberg Dr Youngsville, LA	3.0	2.0	1825	$2,550	$1.40	45d	1	1.20mi

Listing history 24 events

1. 2026-06-21
   days on market $232,500 Active 26 DOM
2. 2026-06-18
   days on market $232,500 Active 23 DOM
3. 2026-06-17
   days on market $232,500 Active 22 DOM
4. 2026-06-16
   days on market $232,500 Active 21 DOM
5. 2026-06-15
   days on market $232,500 Active 20 DOM
6. 2026-06-14
   days on market $232,500 Active 18 DOM
7. 2026-06-13
   days on market $232,500 Active 17 DOM
8. 2026-06-10
   days on market $232,500 Active 15 DOM
9. 2026-06-09
   days on market $232,500 Active 14 DOM
10. 2026-06-08
    days on market $232,500 Active 13 DOM
11. 2026-06-07
    days on market $232,500 Active 12 DOM
12. 2026-06-05
    days on market $232,500 Active 9 DOM
13. 2026-06-03
    pricedays on market $232,500 Active 8 DOM
14. 2026-06-02
    days on market $235,000 Active 7 DOM
15. 2026-06-01
    days on market $235,000 Active 6 DOM
16. 2026-05-31
    days on market $235,000 Active 5 DOM
17. 2026-05-30
    days on market $235,000 Active 4 DOM
18. 2026-05-26
    listed $235,000 Active

    Show marketing remark (554 chars)

    This charming, move-in ready cottage is filled with today's most sought-after finishes and a bright, airy feel!! Vaulted ceilings, luxury wide-plank flooring, custom cabinetry, granite countertops, elegant gold accents, and designer lighting create a timeless style throughout. The split floorplan offers privacy with a spacious primary suite tucked away from the two additional bedrooms and shared bath. Outside, enjoy a quaint, low-maintenance backyard and patio perfect for relaxing. Stylish, functional, and move-in ready - this home won't last long!

19. 2026-05-26
    listed $235,000 Active 554-char remark

    Show marketing remark (554 chars)

    This charming, move-in ready cottage is filled with today's most sought-after finishes and a bright, airy feel!! Vaulted ceilings, luxury wide-plank flooring, custom cabinetry, granite countertops, elegant gold accents, and designer lighting create a timeless style throughout. The split floorplan offers privacy with a spacious primary suite tucked away from the two additional bedrooms and shared bath. Outside, enjoy a quaint, low-maintenance backyard and patio perfect for relaxing. Stylish, functional, and move-in ready - this home won't last long!

20. 2021-12-03
    soldstatus $204,000 750-char remark

    Show marketing remark (750 chars)

    Under construction-QUALIFIES FOR 100% FINANCING and $2,500.00 closing costs with Preferred Lender. Stark Design has done it again! This beautiful on trend cottage is the perfect starter home or your first income property. With beautifully vaulted ceiling in the living room, custom cabinets, high quality gold accents and large master suite you're sure to find all you are looking for. Luxury wide plank wood laminate runs throughout the home giving it a large feel and great flow from room to room. Expertly fabricated granite counter tops, high finishes, LED lights and stone look tile in a neutral color palette gives this home a timeless feel. With low inventory and great interest rates this home will not last long. Schedule your showing today!

21. 2021-10-12
    soldstatus $90,000
22. 2021-04-09
    listed $202,500 750-char remark

    Show marketing remark (750 chars)

    Under construction-QUALIFIES FOR 100% FINANCING and $2,500.00 closing costs with Preferred Lender. Stark Design has done it again! This beautiful on trend cottage is the perfect starter home or your first income property. With beautifully vaulted ceiling in the living room, custom cabinets, high quality gold accents and large master suite you're sure to find all you are looking for. Luxury wide plank wood laminate runs throughout the home giving it a large feel and great flow from room to room. Expertly fabricated granite counter tops, high finishes, LED lights and stone look tile in a neutral color palette gives this home a timeless feel. With low inventory and great interest rates this home will not last long. Schedule your showing today!

23. 2016-09-02
    listed $205,000
24. 2016-09-02
    listed $36,000

ⓘ 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: $1,762 · $147/mo
• Projected year-2 tax: $1,762 · $147/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 ≥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

Taxation est. · year 1

• Rental income: $22,391
• − Mortgage interest: −$13,024
• − Property taxes: −$1,762
• − Insurance: −$1,162
• − Repairs & maintenance: −$1,791
• − Management: −$1,791
• − Depreciation: −$6,764
• Taxable loss: −$3,904
• Est. tax savings @ 24.0%: +$937
• After-tax cash flow: $1,070/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

+14.6% since first listed

7 events — show timeline

• 2026-05-26 Listed $235,000 FSBO.com
• 2026-05-26 Listed $235,000 AcadianaMLS
• 2021-12-03 Sold (MLS) $204,000 AcadianaMLS
• 2021-10-12 Sold (Public Records) $90,000 Public Records
• 2021-04-09 Listed $202,500 AcadianaMLS
• 2016-09-02 Listed $36,000 AcadianaMLS
• 2016-09-02 Listed $205,000 AcadianaMLS

Property tax history

+31.2%/yr

Latest (2025): $1,762 · -1.3% YoY. Source: county tax records.