126 Caladium Ct · Lafayette, LA 70508

$214,900

3 bd · 2.5 ba · 1,472 sqft · SingleFamily public records · 50 Days on market

Built 2015 3,049 sqft lot Est $212k · at est.

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Why this score? — see what drove the F 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 +10.2/30.0
• ARV discount +6.9/15.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• DSCR +2.9/10.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

You want location? You want easy access to Lafayette, Broussard and Youngsville? You found it in this beautiful, less than 5 year old custom patio home located in the heart of south Lafayette, nestled in with popular neighboring subdivisions such as Tolson Oaks, Holiday Meadows, Lafitte's Landing and Green Acres. This 2 story open floor plan home features 3 bedrooms and 2 1/2 baths. The exquisite kitchen is complete with custom cabinets, slab St. Cecilia granite and stainless appliances. The master bath complete with a separate tub & shower and a large walk in closet. Beautiful concrete flooring is specifically designed for this home by AM Designs. Complete with a 2 car garage and one of the best features of this home is the low maintenance yard, remaining true to it's name, a patio home

Key facts

• Modern kitchen
• Granite countertops
• Move in ready

Tags

• MODERN KITCHEN
• GRANITE COUNTERTOPS
• MAINTENANCE FREE BACKYARD
• MOVE IN READY
• QUICK ACCESS TO BROUSSARD

Property features AI

Finance

• HOA & community: No association fee

Exterior

• Parking: 2 covered parking spaces; 2 total parking spaces; 2-car garage
• Utilities: Public sewer; Electric service: city
• Home design: Single family residence; Road frontage on city street (dead end, paved)
• Construction: HardiPlank-type siding; Frame construction; Composition roof
• Exterior features: Outdoor lighting; Covered patio/porch

Interior

• Kitchen: Dishwasher; Disposal; Electric cooktop / electric range; Microwave; Refrigerator
• Bedrooms: Additional bedrooms present (Bedroom 2, Bedroom 3)
• Flooring: Carpet; Concrete; Stained/scored concrete
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: High ceilings; Crown molding; Double vanity in bath(s); Separate shower; Standalone tub; Varied ceiling heights; Walk-in closet(s); Granite counters; Bedroom 2; Bedroom 3
• Laundry & utility: Washer hookup; Electric dryer hookup; Washer and dryer included (appliances listed)

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-120 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $194k (9.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $157k (26.7% below list).
• Recommended offer: $157k (26.7% below list) — sets the bar for 1% rule.

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: Ernest Gallet Elementary School (math 74% / reading 68%, grade A-, #23 of 646 statewide, top 4%, 702 students, 40% 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) — zoned schools at 52% FRL track the district average.
• Market conditions: Rents rising (+1.2%/yr); 464 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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

• It's been on market 50 days — a 3% lower offer ($208k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 11y ago; this cycle's ask has dropped $14k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $176k; 22% 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $157,438 (26.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.73% ✗
• Cap rate: 5.62%
• Cash-on-cash: -2.40%
• DSCR: 0.89
• GRM: 11.4

CMA / ARV

• ARV (on-the-fly): $211,968
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
126 Caladium Ct	0.00mi	3/2.5	1,678 (+14%)	1mo	$210,000	$125	76
202 Shady Park Dr	0.26mi	3/2.0	1,511 (+3%)	10mo	$152,200	$101	73
316 Lafittes Landing Pass	0.10mi	3/2.0	1,625 (+10%)	9mo	$270,000	$166	69
108 Lafittes Landing Pass	0.17mi	3/2.0	1,577 (+7%)	13mo	$260,000	$165	67
417 Row 1	0.50mi	3/2.0	1,401 (-5%)	3mo	$180,000	$128	64
316 Barataria Bay Pt	0.09mi	2/2.0 (-1)	1,343 (-9%)	15mo	$204,000	$152	62
310 Lafittes Landing Pass	0.10mi	3/2.0	1,688 (+15%)	10mo	$259,000	$153	60
105 Darlene Dr	0.43mi	3/2.0	1,315 (-11%)	4mo	$190,000	$144	57
114 Billingford Dr	0.58mi	3/2.0	1,548 (+5%)	8mo	$266,000	$172	56
205 Darlene Dr	0.31mi	3/2.0	1,686 (+14%)	8mo	$170,000	$101	52
110 Edie Ann Dr	0.53mi	3/2.0	1,292 (-12%)	13mo	$185,000	$143	42
134 Edie Ann Dr	0.46mi	3/2.0	1,260 (-14%)	15mo	$175,000	$139	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 · 1.23% rent growth · sell at horizon

5-year hold

• IRR: -22.1%
• Equity multiple: 0.25×
• Total profit: $-45,303
• Equity at exit: $32,042

10-year hold

• IRR: -20.7%
• Equity multiple: -0.00×
• Total profit: $-60,448
• Equity at exit: $18,581

Cash invested: $60,172 (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: 464
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $1,574 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$148 /mo · $1,773/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$331
• Net cashflow: $-120

Break-even live

Break-even rent $1,727

Max offer price $193,614

Occupancy floor —

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
303 Barataria Bay Pt Lafayette, LA	3.0	2.5	1556	$1,850	$1.19	13d	1	0.13mi
304 Barataria Bay Pt Lafayette, LA	3.0	2.5	1712	$1,800	$1.05	43d	1	0.13mi
319 Artisan Rd Unit D Lafayette, LA	2.0	2.0	1000	$1,200	$1.20	21d	1	0.33mi
112 Vieux Orleans Cir Unit C Lafayette, LA	2.0	1.0	900	$750	$0.83	13d	1	0.56mi
101 Vieux Orleans Cir Unit A Lafayette, LA	2.0	1.0	1000	$800	$0.80	43d	1	0.61mi
216 Al Pearson Dr Unit B Lafayette, LA	2.0	1.5	1000	$900	$0.90	43d	1	0.68mi
300 Rials Dr Unit A Lafayette, LA	3.0	2.0	1000	$895	$0.90	43d	1	0.73mi
116 Rials Dr Unit B Lafayette, LA	2.0	2.0	1000	$775	$0.78	43d	1	0.74mi
403 Fox Run Ave Apt 1 Lafayette, LA	2.0	2.0	1000	$975	$0.97	43d	1	0.83mi
108 Oak Plains Aly Unit A Lafayette, LA	2.0	1.5	1000	$1,895	$1.90	43d	1	0.83mi
110 Oak Plains Aly Lafayette, LA	2.0	2.0	980	$1,550	$1.58	21d	1	0.84mi
111 Oak Plains Aly Lafayette, LA	2.0	2.0	1070	$1,550	$1.45	21d	1	0.86mi
424 Failla Rd Unit B Lafayette, LA	2.0	1.5	1000	$800	$0.80	13d	1	0.88mi
110 Country Ln Lafayette, LA	2.0	1.5	950	$775	$0.82	21d	1	0.92mi
110 Country Ln Apt C Lafayette, LA	2.0	1.5	950	$775	$0.82	43d	1	0.92mi
106 Doubloon Dr Lafayette, LA	2.0	2.0	1200	$1,200	$1.00	43d	1	0.99mi
134 Sandest Dr Lafayette, LA	3.0	2.0	1173	$1,300	$1.11	21d	1	0.99mi
502 Highland Oaks Ln Unit A Lafayette, LA	3.0	2.5	1500	$2,750	$1.83	43d	1	1.02mi
404 Highland Oaks Ln Lafayette, LA	2.0	2.5	1387	$1,895	$1.37	43d	1	1.02mi
207 Harbor Bend Blvd Lafayette, LA	3.0	2.0	1650	$1,595	$0.97	43d	1	1.06mi
221 Verot School Rd Lafayette, LA	1.0–2.0	1.0–2.0	806	$1,140	$1.41	13d	12	1.09mi
113 Oak Plains Aly Lafayette, LA	2.0	2.0	1000	$1,995	$2.00	21d	1	1.17mi
119 Coconut Grove Cir Lafayette, LA	3.0	2.5	1600	$1,800	$1.12	43d	1	1.19mi
210 Polly Ln Lafayette, LA	1.0–3.0	1.0–2.0	1064	$1,686	$1.58	13d	23	1.20mi
1521 Camellia Blvd Lafayette, LA	1.0–3.0	1.0–2.0	1246	$2,342	$1.88	13d	16	1.28mi
330 Feu Follet Rd Lafayette, LA	1.0–2.0	1.0–2.0	806	$1,488	$1.85	13d	22	1.33mi
1019 Kaliste Saloom Rd Lafayette, LA	1.0–3.0	1.0–2.0	928	$1,640	$1.77	13d	28	1.37mi
122 S Beadle Rd Lafayette, LA	3.0	2.0	1500	$1,500	$1.00	43d	1	1.46mi
402 E Martial Ave Lafayette, LA	3.0	2.0	1500	$4,000	$2.67	43d	1	1.47mi

Listing history 14 events

1. 2026-04-15
   status Pending
2. 2026-04-11
   price $214,900
3. 2026-04-04
   price $219,900
4. 2026-03-12
   price $225,000
5. 2026-02-25
   listed $229,000 Active
6. 2020-01-02
   soldstatus $175,900
7. 2019-12-27
   soldstatus $175,900 804-char remark

   Show marketing remark (804 chars)

   You want location? You want easy access to Lafayette, Broussard and Youngsville? You found it in this beautiful, less than 5 year old custom patio home located in the heart of south Lafayette, nestled in with popular neighboring subdivisions such as Tolson Oaks, Holiday Meadows, Lafitte's Landing and Green Acres. This 2 story open floor plan home features 3 bedrooms and 2 1/2 baths. The exquisite kitchen is complete with custom cabinets, slab St. Cecilia granite and stainless appliances. The master bath complete with a separate tub & shower and a large walk in closet. Beautiful concrete flooring is specifically designed for this home by AM Designs. Complete with a 2 car garage and one of the best features of this home is the low maintenance yard, remaining true to it's name, a patio home

8. 2019-08-03
   listed $176,200 804-char remark

   Show marketing remark (804 chars)

   You want location? You want easy access to Lafayette, Broussard and Youngsville? You found it in this beautiful, less than 5 year old custom patio home located in the heart of south Lafayette, nestled in with popular neighboring subdivisions such as Tolson Oaks, Holiday Meadows, Lafitte's Landing and Green Acres. This 2 story open floor plan home features 3 bedrooms and 2 1/2 baths. The exquisite kitchen is complete with custom cabinets, slab St. Cecilia granite and stainless appliances. The master bath complete with a separate tub & shower and a large walk in closet. Beautiful concrete flooring is specifically designed for this home by AM Designs. Complete with a 2 car garage and one of the best features of this home is the low maintenance yard, remaining true to it's name, a patio home

9. 2017-10-26
   listed $183,000
10. 2015-08-31
    soldstatus $175,000
11. 2015-08-28
    soldstatus $175,000
12. 2015-03-20
    listed $189,900
13. 2014-09-15
    soldstatus $6,000
14. 2011-04-13
    soldstatus $10,000

ⓘ 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: $1,773 · $148/mo
• Projected year-2 tax: $1,773 · $148/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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,893
• − Mortgage interest: −$12,038
• − Property taxes: −$1,773
• − Insurance: −$1,074
• − Repairs & maintenance: −$1,511
• − Management: −$1,511
• − Depreciation: −$6,252
• Taxable loss: −$5,267
• Est. tax savings @ 24.0%: +$1,264
• After-tax cash flow: $-182/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

+2049.0% since first listed

14 events — show timeline

• 2026-04-15 Pending — AcadianaMLS
• 2026-04-11 Price Changed $214,900 AcadianaMLS
• 2026-04-04 Price Changed $219,900 AcadianaMLS
• 2026-03-12 Price Changed $225,000 AcadianaMLS
• 2026-02-25 Listed $229,000 AcadianaMLS
• 2020-01-02 Sold (Public Records) $175,900 Public Records
• 2019-12-27 Sold (MLS) $175,900 AcadianaMLS
• 2019-08-03 Listed $176,200 AcadianaMLS
• 2017-10-26 Listed $183,000 AcadianaMLS
• 2015-08-31 Sold (Public Records) $175,000 Public Records
• 2015-08-28 Sold (MLS) $175,000 AcadianaMLS
• 2015-03-20 Listed $189,900 AcadianaMLS
• 2014-09-15 Sold (Public Records) $6,000 Public Records
• 2011-04-13 Sold (Public Records) $10,000 Public Records

Property tax history

+6.6%/yr

Latest (2025): $1,773 · -1.1% YoY. Source: county tax records.