320 Sunnyside Ln · Lafayette, LA 70501

$55,000

2 bd · 1.0 ba · 700 sqft · SingleFamily · 154 Days on market

Good condition 5,662 sqft lot $79/sqft · 10% above area Est $50k · 10% over ↓ 15% since listing

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.3/5.0
• Condition / age +3.8/5.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• ARV discount +3.1/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

Key facts

• 5,662 sq ft lot
• Parking
• Listed 153 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $55k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($985 rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 15.0% 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: J. Wallace James Elementary School (math 46% / reading 49%, grade D, #147 of 646 statewide, top 23%, 939 students, 64% FRL); Paul Breaux Middle School (math 30% / reading 37%, grade F, #100 of 218 statewide, top 47%, 680 students, 68% 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 fast (+7.3%/yr); 247 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
• This rent runs 35% of the median local income ($33k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 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 $15k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 154 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $10k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 154 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
7. 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.
8. 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: 1.79% ✓
• Cap rate: 14.98%
• Cash-on-cash: 31.03%
• DSCR: 2.38
• GRM: 4.7

CMA / ARV

• ARV (median comp): $50,113
• List price: $55,000
• Delta: 9.75%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
913 Plum St	0.34mi	2/1.0	750 (+7%)	11mo	$30,000	$40	63
115 Brenda St	0.66mi	2/1.0	800 (+14%)	8mo	$48,000	$60	39
413 S Orange St	0.57mi	2/1.0	800 (+14%)	18mo	$104,600	$131	34

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

5-year hold

• IRR: 30.7%
• Equity multiple: 2.36×
• Total profit: $20,964
• Equity at exit: $8,201

10-year hold

• IRR: 40.3%
• Equity multiple: 5.62×
• Total profit: $71,176
• Equity at exit: $4,755

Cash invested: $15,400 (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 70501

• Rents YoY: 7.3%
• Active inventory: 247
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $985 high
• Mortgage (P&I): −$288
• Tax est. 1.5%: −$69 /mo · $825/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$207
• Net cashflow: $398

Break-even live

Break-even rent $481

Max offer price $55,000

Occupancy floor 55%

Sensitivity live

Price	-10% $436	-5% $417	+0% $398	+5% $379	+10% $360
Rent	-10% $320	-5% $359	+0% $398	+5% $437	+10% $476
Rate	-1.0pp $426	-0.5pp $412	base $398	+0.5pp $384	+1.0pp $369

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
617 E Vermilion St Unit A Lafayette, LA	1.0	1.0	517	$999	$1.93	15d	1	0.67mi
617 E Vermilion St Unit C Lafayette, LA	2.0	1.0	625	$1,199	$1.92	15d	1	0.67mi
125 Nancy Ln Lafayette, LA	2.0	1.0	600	$850	$1.42	22d	1	0.76mi
127 Nancy Ln Lafayette, LA	2.0	1.0	600	$850	$1.42	22d	1	0.77mi
327 General Mouton Ave Lafayette, LA	1.0	1.0	580	$800	$1.38	45d	1	0.84mi
600 E University Ave #7 Lafayette, LA	1.0	1.0	600	$995	$1.66	45d	1	0.86mi
305 General Mouton Ave Unit B Lafayette, LA	2.0	1.0	750	$1,250	$1.67	15d	1	0.87mi
328 Theodora Blvd Unit 1/2 Lafayette, LA	1.0	1.0	440	$1,100	$2.50	22d	1	0.87mi
328 1/2 Theodora Blvd Lafayette, LA	1.0	1.0	440	$1,100	$2.50	15d	1	0.88mi
124 E Main St Lafayette, LA	1.0	1.0	789	$1,380	$1.75	15d	7	0.97mi
715 Harding St Unit 5 Lafayette, LA	1.0	1.0	500	$725	$1.45	45d	1	1.01mi
1318 Lee Ave Unit B6 Lafayette, LA	1.0	1.0	400	$750	$1.88	22d	1	1.16mi
1318 Lee Ave Unit C7 Lafayette, LA	1.0	1.0	450	$1,150	$2.56	15d	1	1.16mi
406 Voorhies St Unit B Lafayette, LA	1.0	1.0	575	$825	$1.43	22d	1	1.23mi
301 Sampson St Lafayette, LA	1.0	1.0	545	$750	$1.38	15d	1	1.29mi
131 1/2 Mildred St Unit C Lafayette, LA	1.0	1.0	500	$625	$1.25	15d	1	1.39mi
106 Seville Blvd Unit B Lafayette, LA	1.0	1.0	584	$850	$1.46	45d	1	1.44mi

Listing history 23 events

1. 2026-06-21
   days on market $55,000 Active 154 DOM
2. 2026-06-18
   days on market $55,000 Active 151 DOM
3. 2026-06-17
   days on market $55,000 Active 150 DOM
4. 2026-06-16
   days on market $55,000 Active 149 DOM
5. 2026-06-15
   days on market $55,000 Active 148 DOM
6. 2026-06-14
   days on market $55,000 Active 146 DOM
7. 2026-06-13
   days on market $55,000 Active 145 DOM
8. 2026-06-10
   days on market $55,000 Active 143 DOM
9. 2026-06-09
   days on market $55,000 Active 142 DOM
10. 2026-06-08
    days on market $55,000 Active 141 DOM
11. 2026-06-07
    days on market $55,000 Active 140 DOM
12. 2026-06-05
    days on market $55,000 Active 137 DOM
13. 2026-06-03
    days on market $55,000 Active 136 DOM
14. 2026-06-02
    days on market $55,000 Active 135 DOM
15. 2026-06-01
    days on market $55,000 Active 134 DOM
16. 2026-05-31
    days on market $55,000 Active 133 DOM
17. 2026-05-30
    days on market $55,000 Active 132 DOM
18. 2026-05-01
    status Active 236-char remark

    Show marketing remark (236 chars)

    Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

19. 2026-04-25
    status Pending 236-char remark

    Show marketing remark (236 chars)

    Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

20. 2026-04-06
    price $55,000 236-char remark

    Show marketing remark (236 chars)

    Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

21. 2026-04-01
    status Active 236-char remark

    Show marketing remark (236 chars)

    Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

22. 2026-03-29
    status Pending 236-char remark

    Show marketing remark (236 chars)

    Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

23. 2026-01-11
    listed $65,000 Active 236-char remark

    Show marketing remark (236 chars)

    Welcome to 320 Sunnyside lane, an affordable fixer upper with tons of potential for the right buyer. This home offers a solidfootprint ready for your personal touch, whether you're an investor or buyer who is looking for a starter home.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $11,822
• − Mortgage interest: −$3,081
• − Property taxes: −$825
• − Insurance: −$275
• − Repairs & maintenance: −$946
• − Management: −$946
• − Depreciation: −$1,600
• Taxable income: $4,150
• Est. tax owed @ 24.0%: −$996
• After-tax cash flow: $3,782/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.

Condition & rehab AI · 9 photos

Good 75/100 Cosmetic rehab

This single-family home is in good condition with cosmetic updates needed for a fresh look and increased value.

Value-add opportunities

• Both Paint exterior — Enhances curb appeal and value
• Both Replace gutters — Improves drainage and prevents water damage

Renovation cost estimate screening

Value-add ROI direction

• Both Paint exterior — Enhances curb appeal and value ↑
• Both Replace gutters — Improves drainage and prevents water damage ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 26,465
• Household income: $33,365
• Rent vs Own: 58.8% rent · 41.2% 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
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-15.4% since first listed

6 events — show timeline

• 2026-05-01 Relisted — AcadianaMLS
• 2026-04-25 Pending — AcadianaMLS
• 2026-04-06 Price Changed $55,000 AcadianaMLS
• 2026-04-01 Relisted — AcadianaMLS
• 2026-03-29 Pending — AcadianaMLS
• 2026-01-11 Listed $65,000 AcadianaMLS