619 Canberra Rd · Lafayette, LA 70503

$219,900

3 bd · 2.0 ba · 1,568 sqft · SingleFamily public records · 2 Days on market

Built 1991 6,534 sqft lot $140/sqft · at area comps Est $231k · at est.

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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 +13.8/30.0
• ARV discount +9.7/15.0
• DSCR +4.2/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +3.2/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

CUTE! CUTE! CUTE! IMMACULATE HOME FOR WORKING COUPLE. EASY TO SHOW. VACANT/LOCKBOX! CALL OFFICE - LEAVE NAME & SHOW!! ALARM IS OFF/VERY PRIVATE - LOW MAINTENANCE YARD/AC WORKSHOP OFF GARAGE. VERY OPEN WITH CATHEDRAL & 9FT CEILINGS/2 COV'D PATIOS - GREAT FOR ENTERTAINING SHOW & SELL!! OWNER VERY MOTIVATED!!!!!

Key facts

• New flooring
• Backyard is fenced
• Covered patio

Tags

• NEW FLOORING
• NEW KITCHEN APPLIANCES
• WROUGHT-IRON GATE ENTRANCE
• BACKYARD IS FENCED
• COVERED PATIO
• SEPARATE STORAGE SHED

Property features AI

Exterior

• Parking: 2 covered parking spaces; 2-car garage
• Utilities: Public sewer; City electric
• Home design: Single-family residence; City street, paved frontage
• Construction: Brick veneer and vinyl siding over frame construction; Composition roof
• Exterior features: Exterior lighting; Covered patio/porch; Shed(s) / storage

Interior

• Kitchen: Dishwasher; Disposal; Microwave
• Flooring: Carpet; Tile; Vinyl plank
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Crown molding; Double vanities; Varied ceiling heights; Dining room; Living room; Utility room; Workshop; Cultured marble counters; Tile countertops; Double-pane windows; 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 $220k.

Deal economics

• At list price, monthly cash flow is $19 ($233/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 $180k (18.2% below list).
• Recommended offer: $180k (18.2% below list) — sets the bar for 1% rule.
• Cap rate 6.4% 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: Broadmoor Elementary School (math 62% / reading 65%, grade B, #47 of 646 statewide, top 7%, 801 students, 54% FRL); Edgar Martin Middle School (math 40% / reading 53%, grade D+, #41 of 218 statewide, top 19%, 490 students, 59% 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 flat; 237 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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 $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

• Only 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 29y 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $179,827 (18.2% 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: 0.82% ✗
• Cap rate: 6.40%
• Cash-on-cash: 0.38%
• DSCR: 1.02
• GRM: 10.2

CMA / ARV

• ARV (median comp): $231,010
• List price: $219,900
• Delta: -4.81%
• 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
619 Canberra Rd	0.00mi	3/2.0	1,568 (0%)	1mo	$219,900	$140	99
707 Canberra Rd	0.06mi	3/2.0	1,611 (+3%)	9mo	$237,500	$147	85
800 Canberra Rd	0.19mi	3/2.0	1,500 (-4%)	1mo	$227,500	$152	84
115 Pleasant View Dr	0.12mi	3/2.0	1,464 (-7%)	6mo	$225,000	$154	78
914 Rosedown Ln	0.28mi	3/2.0	1,651 (+5%)	5mo	$235,000	$142	74
135 Pleasant View Dr	0.24mi	3/2.0	1,686 (+8%)	4mo	$230,000	$136	73
201 B Camino Real Rd	0.54mi	3/2.0	1,616 (+3%)	4mo	$190,000	$118	67
939 Rosedown Ln	0.43mi	3/2.0	1,697 (+8%)	2mo	$250,000	$147	65
903 Canberra Rd	0.46mi	3/2.0	1,752 (+12%)	3mo	$219,000	$125	56
910 Canberra Rd	0.51mi	2/1.5 (-1)	1,430 (-9%)	3mo	$200,000	$140	52
209 Driftwood Dr	0.47mi	3/2.0	1,335 (-15%)	2mo	$190,000	$142	51
408 Guidry Rd	0.62mi	3/2.0	1,361 (-13%)	0mo	$167,500	$123	49

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 · 0.36% rent growth · sell at horizon

5-year hold

• IRR: -18.5%
• Equity multiple: 0.37×
• Total profit: $-39,097
• Equity at exit: $32,788

10-year hold

• IRR: -16.7%
• Equity multiple: 0.18×
• Total profit: $-50,754
• Equity at exit: $19,013

Cash invested: $61,572 (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 70503

• Home prices YoY: -34.0%
• Rents YoY: 0.4%
• Active inventory: 237
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,798 high
• Mortgage (P&I): −$1,153
• Tax from tax record: −$156 /mo · $1,877/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$378
• Net cashflow: $19

Break-even live

Break-even rent $1,774

Max offer price $219,900

Occupancy floor 94%

Sensitivity live

Price	-10% $144	-5% $82	+0% $19	+5% $-43	+10% $-105
Rent	-10% $-123	-5% $-52	+0% $19	+5% $90	+10% $161
Rate	-1.0pp $130	-0.5pp $75	base $19	+0.5pp $-38	+1.0pp $-96

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: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
709 Rosedown Ln Lafayette, LA	3.0	2.0	1800	$1,700	$0.94	45d	1	0.08mi
903 Canberra Rd Lafayette, LA	3.0	2.0	1752	$1,975	$1.13	23d	1	0.44mi
330 Dunvegan Ct Lafayette, LA	3.0	2.5	1848	$2,400	$1.30	45d	1	0.61mi
1200 Robley Dr Lafayette, LA	1.0–3.0	1.0–2.0	965	$1,674	$1.73	15d	18	0.74mi
327 Guidry Rd Lafayette, LA	2.0	2.0	1060	$1,350	$1.27	23d	1	0.78mi
110 Pilsbury Ln Lafayette, LA	2.0	2.0	1150	$1,595	$1.39	23d	1	0.83mi
1100 Robley Dr Lafayette, LA	1.0–3.0	1.0–2.0	1057	$1,802	$1.70	15d	17	0.84mi
106 Shadow Springs Dr Lafayette, LA	3.0	2.0	1850	$2,295	$1.24	45d	1	0.90mi
104 Marblehead Ave Lafayette, LA	2.0–3.0	2.0–2.5	1448	$2,668	$1.84	15d	126	0.96mi
6000 Johnston St Lafayette, LA	1.0–3.0	1.0–2.0	1093	$1,740	$1.59	15d	20	1.00mi
130 Brightwood Dr Lafayette, LA	3.0	2.0	1250	$1,800	$1.44	23d	1	1.11mi
303 Belle Grove Blvd Lafayette, LA	3.0	2.0	1700	$1,700	$1.00	23d	1	1.23mi
3606 Kaliste Saloom Rd Unit 201 Lafayette, LA	3.0	2.0	1402	$1,450	$1.03	23d	1	1.26mi
115 Hermitage Ave Lafayette, LA	3.0	2.0	2190	$2,000	$0.91	15d	1	1.29mi
2339 Robley Dr Lafayette, LA	3.0	2.0	1428	$1,395	$0.98	15d	1	1.33mi
201 Finsbury Ln Lafayette, LA	3.0	2.0	1730	$2,575	$1.49	23d	1	1.37mi
107 Papwood Cir Lafayette, LA	3.0	2.0	1805	$2,000	$1.11	23d	1	1.46mi
221 Wakely CT Lafayette, LA	3.0	2.0	1659	$1,975	$1.19	15d	1	1.47mi
225 Shadowbrush Bnd Lafayette, LA	3.0	2.0	1585	$1,700	$1.07	45d	1	1.48mi
1630 Rue du Belier Lafayette, LA	1.0–3.0	1.0–2.0	1060	$1,600	$1.51	15d	25	1.49mi
106 Braddish Ct Lafayette, LA	3.0	2.0	1659	$1,900	$1.15	23d	1	1.50mi

Listing history 4 events

1. 2026-05-09
   status Pending 1028-char remark
2. 2026-05-07
   listed $219,900 Active 1028-char remark
3. 1997-11-04
   soldstatus $98,000 322-char remark

   Show marketing remark (322 chars)

   CUTE! CUTE! CUTE! IMMACULATE HOME FOR WORKING COUPLE. EASY TO SHOW. VACANT/LOCKBOX! CALL OFFICE - LEAVE NAME & SHOW!! ALARM IS OFF/VERY PRIVATE - LOW MAINTENANCE YARD/AC WORKSHOP OFF GARAGE. VERY OPEN WITH CATHEDRAL & 9FT CEILINGS/2 COV'D PATIOS - GREAT FOR ENTERTAINING SHOW & SELL!! OWNER VERY MOTIVATED!!!!!

4. 1997-05-20
   listed $109,900 322-char remark

   Show marketing remark (322 chars)

   CUTE! CUTE! CUTE! IMMACULATE HOME FOR WORKING COUPLE. EASY TO SHOW. VACANT/LOCKBOX! CALL OFFICE - LEAVE NAME & SHOW!! ALARM IS OFF/VERY PRIVATE - LOW MAINTENANCE YARD/AC WORKSHOP OFF GARAGE. VERY OPEN WITH CATHEDRAL & 9FT CEILINGS/2 COV'D PATIOS - GREAT FOR ENTERTAINING SHOW & SELL!! OWNER VERY MOTIVATED!!!!!

ⓘ 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: $1,877 · $156/mo
• Projected year-2 tax: $1,877 · $156/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 · 22 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: $21,579
• − Mortgage interest: −$12,318
• − Property taxes: −$1,877
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,726
• − Management: −$1,726
• − Depreciation: −$6,397
• Taxable loss: −$3,565
• Est. tax savings @ 24.0%: +$856
• After-tax cash flow: $1,088/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): 28,643
• Household income: $94,688
• Rent vs Own: 34.3% rent · 65.7% own
• Severe rent burden: 769.0

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 (74%)
• Race & ethnicity: White 74% Black 10% Hispanic / Latino 8% Two or more races 6% Asian 3%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 23% Slovak 2% Italian 2%
• Foreign-born: 6% · Canada, Vietnam, China
• Languages at home: 88% English-only · Spanish 5% French/Haitian/Cajun 3% 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: ▼ -81.65%
• Current HPI: 158.7094
• Rent YoY: ▲ 0.36%
• 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

+100.1% since first listed

5 events — show timeline

• 2026-05-29 Sold (MLS) $219,900 AcadianaMLS
• 2026-05-09 Pending — AcadianaMLS
• 2026-05-07 Listed $219,900 AcadianaMLS
• 1997-11-04 Sold (MLS) $98,000 AcadianaMLS
• 1997-05-20 Listed $109,900 AcadianaMLS

Property tax history

+6.6%/yr

Latest (2025): $1,877 · -1.1% YoY. Source: county tax records.