300 Doc Duhon St · Lafayette, 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 2/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 109°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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 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
- DSCR +10.0/10.0
- 1% rule +8.2/10.0
- ARV discount +8.1/15.0
- Rent growth +4.3/5.0
- Schools +3.6/10.0
- Livability +3.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$79,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
ONE OWNER, WELL MAINTAINED, GREAT STARTER HOME OR INVESTMENT PROPERTY, CORNER LOT, PRICED TO SELL, CLOSE TO NORTHGATE MALL, I-10, I-49, AND SCHOOLS. LOT 147 & W.10' OFLOT 148, BESTMARK SUBDV
Key facts
- 7,840 sq ft lot
- Parking
- Built 1958
Property features AI
Exterior
- Parking: Carport with 1 covered space (total parking for 1 vehicle)
- Utilities: Electric service: SLEMCO
- Home design: Single-family residence
- Exterior features: Brick veneer exterior; Public sewer
Interior
- Bathrooms: One full bathroom
- Heating & cooling: Has heating; Has cooling
- Interior features: Central heating and cooling (system described as 'Other')
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $80k.
Deal economics
- At list price, monthly cash flow is $333 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $78k (3.0% below list) — sets the bar for market timing.
- Cap rate 11.3% 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: Evangeline Elementary School (math 20% / reading 33%, grade F, #372 of 646 statewide, top 58%, 613 students, 84% FRL); Acadian Middle School (math 13% / reading 27%, grade F, #166 of 218 statewide, top 76%, 372 students, 74% FRL); Northside High School (math 17% / reading 22%, grade F, #186 of 265 statewide, top 73%, 655 students, 83% FRL) — zoned schools average 80% FRL vs 56% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
- Zoned-school proficiency averages 22% at this address vs 42% district-wide (-20 pts) — the specific schools serving this property underperform the Lafayette Parish average; the district grade overstates school quality for this exact location.
- Market conditions: Rents rising fast (+7.3%/yr); 246 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 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 $552 of loan paydown is wiped out by about $2k 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 + 7.3% rent growth), your $22k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- It's been on market 33 days — a 3% lower offer ($78k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 28y 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
- Watch-outs: built in 1958 — 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 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1958 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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
- 1.32% ✓
- Cap rate
- 11.29%
- Cash-on-cash
- 17.86%
- DSCR
- 1.79
- GRM
- 6.3
CMA / ARV
- ARV (median comp)
- $81,030
- List price
- $79,900
- Delta
- -1.40%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 301 Doc Duhon St | 0.03mi | 3/1.0 | 1,000 (+5%) | 7mo | $90,000 | $90 | 84 |
| 327 Sonny St | 0.12mi | 3/1.0 | 975 (+3%) | 8mo | $37,000 | $38 | 84 |
| 107 Odile St | 0.19mi | 2/1.0 (-1) | 950 (0%) | 6mo | $96,000 | $101 | 81 |
| 204 Doc Duhon St | 0.11mi | 3/1.0 | 900 (-5%) | 9mo | $75,000 | $83 | 79 |
| 108 Macklyn St | 0.20mi | 3/1.0 | 1,054 (+11%) | 1mo | $50,000 | $47 | 71 |
| 308 Sonny St | 0.06mi | 3/2.0 | 911 (-4%) | 20mo | $100,000 | $110 | 70 |
| 110 N Pine St | 0.52mi | 3/1.0 | 979 (+3%) | 8mo | $60,500 | $62 | 64 |
| 418 Odile St | 0.11mi | 3/1.5 | 1,044 (+10%) | 19mo | $85,000 | $81 | 60 |
| 100 Antelope Ct | 0.72mi | 2/1.0 (-1) | 960 (+1%) | 3mo | $61,100 | $64 | 57 |
| 114 Randolph Dr | 0.70mi | 3/1.0 | 920 (-3%) | 7mo | $74,000 | $80 | 56 |
| 211 Sonny St | 0.09mi | 2/2.0 (-1) | 850 (-10%) | 18mo | $44,000 | $52 | 54 |
| 307 Hilltop Cir | 0.74mi | 3/1.0 | 1,071 (+13%) | 5mo | $130,000 | $121 | 40 |
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 · 7.35% rent growth · sell at horizon
- IRR
- 13.9%
- Equity multiple
- 1.58×
- Total profit
- $13,054
- Equity at exit
- $11,913
- IRR
- 25.7%
- Equity multiple
- 3.69×
- Total profit
- $60,203
- Equity at exit
- $6,908
Cash invested: $22,372 (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 70501
- Rents YoY
- 7.3%
- Active inventory
- 246
- Price-to-rent
- 6.3×
Monthly cashflow live
- Estimated rent
- $1,053 high interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax from tax record
- −$47 /mo · $559/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$221
- Net cashflow
- $333
Break-even live
Sensitivity live
| Price | -10% $378 | -5% $356 | +0% $333 | +5% $310 | +10% $288 |
|---|---|---|---|---|---|
| Rent | -10% $250 | -5% $291 | +0% $333 | +5% $375 | +10% $416 |
| Rate | -1.0pp $373 | -0.5pp $353 | base $333 | +0.5pp $312 | +1.0pp $291 |
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
- $19,975
- Closing costs
- $2,397
- 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 15 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 215 Peggy St Lafayette, LA | 3.0 | 2.0 | 1100 | $1,100 | $1.00 | 14d | 1 | 0.21mi |
| 215 Peggy St Lafayette, LA | 3.0 | 2.0 | 1100 | $1,100 | $1.00 | 21d | 1 | 0.21mi |
| 241 N Pine St Lafayette, LA | 2.0 | 1.0 | 864 | $950 | $1.10 | 44d | 1 | 0.34mi |
| 810 Fairmont Ln Lafayette, LA | 3.0 | 1.0 | 1000 | $992 | $0.99 | 44d | 1 | 0.54mi |
| 2820 Louisiana Ave Lafayette, LA | 1.0–2.0 | 1.0–2.0 | 821 | $1,145 | $1.39 | 14d | 20 | 0.63mi |
| 2830 Louisiana Ave #6 Lafayette, LA | 2.0 | 1.5 | 1100 | $950 | $0.86 | 14d | 1 | 0.63mi |
| 2826 Louisiana Ave #907 Lafayette, LA | 2.0 | 2.5 | 1100 | $950 | $0.86 | 21d | 1 | 0.68mi |
| 610 Sunset Dr Lafayette, LA | 2.0 | 1.0 | 1000 | $800 | $0.80 | 44d | 1 | 0.90mi |
| 815 Martin Luther King Junior Dr Unit 40 Lafayette, LA | 2.0 | 1.0 | 873 | $800 | $0.92 | 44d | 1 | 0.90mi |
| 815 Martin Luther King Junior Dr Apt 29 Lafayette, LA | 2.0 | 1.0 | 873 | $800 | $0.92 | 21d | 1 | 0.90mi |
| 319 Tissington St Lafayette, LA | 2.0 | 1.0 | 956 | $775 | $0.81 | 44d | 1 | 1.09mi |
| 246 Paul Breaux Ave Lafayette, LA | 3.0 | 1.0 | 989 | $1,100 | $1.11 | 44d | 1 | 1.31mi |
| 313 Hobson St Lafayette, LA | 3.0 | 1.0 | 1000 | $1,100 | $1.10 | 21d | 1 | 1.35mi |
| 106 Rue Royale Apt B Lafayette, LA | 2.0 | 1.5 | 912 | $775 | $0.85 | 14d | 1 | 1.37mi |
| 206 N Washington St Lafayette, LA | 3.0 | 1.0 | 900 | $900 | $1.00 | 21d | 1 | 1.41mi |
Listing history 7 events
-
2026-06-01status $79,900 Pending 33 DOM
-
2026-05-31days on market $79,900 Active 33 DOM
-
2026-05-30days on market $79,900 Active 32 DOM
-
2026-04-28$79,900 Active 767-char remark
-
2022-06-08soldstatus $650,000
-
1998-10-01soldstatus $39,900 194-char remark
Show marketing remark (194 chars)
ONE OWNER, WELL MAINTAINED, GREAT STARTER HOME OR INVESTMENT PROPERTY, CORNER LOT, PRICED TO SELL, CLOSE TO NORTHGATE MALL, I-10, I-49, AND SCHOOLS. LOT 147 & W.10' OFLOT 148, BESTMARK SUBDV
-
1998-07-28$39,900 194-char remark
Show marketing remark (194 chars)
ONE OWNER, WELL MAINTAINED, GREAT STARTER HOME OR INVESTMENT PROPERTY, CORNER LOT, PRICED TO SELL, CLOSE TO NORTHGATE MALL, I-10, I-49, AND SCHOOLS. LOT 147 & W.10' OFLOT 148, BESTMARK SUBDV
ⓘ 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
- $559 · $47/mo
- Projected year-2 tax
- $559 · $47/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 2/10 Low
- Heat 8/10 Severe 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 1 unhealthy d/yr today · 1 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
- $12,636
- − Mortgage interest
- −$4,476
- − Property taxes
- −$559
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,011
- − Management
- −$1,011
- − Depreciation
- −$2,324
- Taxable income
- $2,856
- Est. tax owed @ 24.0%
- −$685
- After-tax cash flow
- $3,310/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
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)
- 26,465
- Household income
- $33,365
- Rent vs Own
- Severe rent burden
- 2089.0
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 Black (73%)
- Race & ethnicity
- Black 73% White 18% Two or more races 6% Hispanic / Latino 4%
- Common ancestry
- Lithuanian 4%
- Foreign-born
- 2% · Canada
- Languages at home
- 95% English-only · Spanish 3% French/Haitian/Cajun 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
- ▼ -108.63%
- Current HPI
- 81.2963
- Rent YoY
- ▲ 7.35%
- 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 |
|
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+100.3% since first listed5 events — show timeline
- 2026-05-31 Pending — AcadianaMLS
- 2026-04-28 Listed $79,900 AcadianaMLS
- 2022-06-08 Sold (Public Records) $650,000 Public Records
- 1998-10-01 Sold (MLS) $39,900 AcadianaMLS
- 1998-07-28 Listed $39,900 AcadianaMLS
Property tax history
+2.3%/yrLatest (2025): $559 · -1.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…