100 Janin Rd · Broussard, LA 70518

$75,000

3 bd · 2.0 ba · 1,756 sqft · SingleFamily public records · 41 Days on market

Built 2008 10,454 sqft lot $43/sqft · 67% below area ↓ 14% 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
• ARV discount +7.5/15.0
• Schools +3.6/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity knocks with this 3-bedroom, 2-bath home offering approximately 1756 square feet of potential in the heart of Broussard. This property has sustained fire damage and will require significant renovation, making it an ideal project for investors, flippers, or buyers looking to customize a home from the ground up. This property is a blank canvas for the right vision. Located in a desirable area with convenient access to shopping, dining, and schools, the after-repair value could make this a worthwhile investment. Property is being sold as-is, where-is. Cash or renovation financing may be required. Bring your contractor and imagination--don't miss this chance to transform this propert

Key facts

• 0.24 acre lot
• 2 parking spots
• Built 2008

Property features AI

Exterior

• Parking: Carport (2 covered spaces, total 2 parking spaces)
• Utilities: Public sewer; Electric service: SLEMCO
• Home design: Single-family residence; City street frontage; Paved road access
• Construction: Brick veneer and brick construction with vinyl siding accents; Tile roof
• Exterior features: Privacy wood fencing; Open porch/patio; Shed(s); Workshop

Interior

• Other: 1 fireplace
• Kitchen: Electric cooktop; Microwave; Refrigerator; Freezer
• Flooring: Carpet; Concrete; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning; Has heating and cooling
• Interior features: Built-in bookcases; Non-wood countertops
• Laundry & utility: Washer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $1k ($14k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $73k (3.0% below list) — sets the bar for market timing.
• Cap rate 24.6% vs local median 4.7% in Broussard — 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 71/100 on livability (#49 in LA) — a middle-class / working-renter tenant base. Strengths: housing A+, cost of living A-, employment B+; Watch: amenities F, commute F, health & safety 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: Katharine Drexel Elementary School (math 34% / reading 57%, grade D-, #169 of 646 statewide, top 27%, 646 students, 69% 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).
• Market conditions: 339 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $519 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 + 3.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

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 $72,750 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 2.85% ✓
• Cap rate: 24.56%
• Cash-on-cash: 65.26%
• DSCR: 3.90
• GRM: 2.9

CMA / ARV

• ARV (median comp): $229,751
• List price: $75,000
• Delta: -67.36%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 Chattanooga Pl	0.18mi	3/2.0	1,722 (-2%)	3mo	$235,000	$136	86
713 Burlington Cir	0.08mi	3/2.0	1,625 (-8%)	2mo	$233,000	$143	82
107 Gettysburg Dr	0.16mi	3/3.0	1,655 (-6%)	9mo	$245,000	$148	71
200 Bull Run Cir	0.18mi	3/2.0	1,594 (-9%)	6mo	$248,000	$156	71
120 Lake Ridge Dr	0.40mi	3/2.0	1,836 (+5%)	5mo	$251,000	$137	70
127 Lake Ridge Dr	0.40mi	4/2.0 (+1)	1,836 (+5%)	6mo	$251,000	$137	64
136 Lake Ridge Dr	0.49mi	3/2.0	1,616 (-8%)	3mo	$249,000	$154	62
124 Lake Ridge Dr	0.62mi	4/2.0 (+1)	1,786 (+2%)	6mo	$250,500	$140	58
123 Lake Ridge Dr	0.62mi	4/2.0 (+1)	1,704 (-3%)	6mo	$247,000	$145	56
122 Lake Ridge Dr	0.63mi	3/2.0	1,616 (-8%)	10mo	$242,500	$150	49
126 Lake Ridge Dr	0.62mi	4/2.0 (+1)	1,874 (+7%)	8mo	$259,500	$138	49
119 Lake Ridge Dr	0.73mi	4/2.0 (+1)	1,874 (+7%)	11mo	$260,500	$139	41

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 64.5%
• Equity multiple: 3.89×
• Total profit: $60,630
• Equity at exit: $11,183

10-year hold

• IRR: 68.8%
• Equity multiple: 7.98×
• Total profit: $146,651
• Equity at exit: $6,485

Cash invested: $21,000 (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 70518

• Home prices YoY: -16.0%
• Active inventory: 339
• Price-to-rent: 2.9×

Monthly cashflow live

• Estimated rent: $2,136 medium
• Mortgage (P&I): −$393
• Tax from tax record: −$121 /mo · $1,447/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$448
• Net cashflow: $1,142

Break-even live

Break-even rent $690

Max offer price $75,000

Occupancy floor 42%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
105 Harvest Hill Dr Broussard, LA	4.0	2.0	1706	$2,250	$1.32	13d	1	1.27mi
711 E Main St #100 Broussard, LA	3.0	2.0	1644	$2,750	$1.67	43d	1	1.41mi
711 E Main St #900 Broussard, LA	3.0	3.0	2276	$1,895	$0.83	21d	1	1.41mi
231 Saint Nazaire Rd Broussard, LA	1.0–3.0	1.0–2.0	1080	$1,715	$1.59	13d	27	1.48mi

Listing history 18 events

1. 2026-06-18
   days on market $75,000 Active 41 DOM
2. 2026-06-17
   days on market $75,000 Active 40 DOM
3. 2026-06-16
   days on market $75,000 Active 39 DOM
4. 2026-06-15
   days on market $75,000 Active 38 DOM
5. 2026-06-14
   days on market $75,000 Active 36 DOM
6. 2026-06-13
   days on market $75,000 Active 35 DOM
7. 2026-06-10
   days on market $75,000 Active 33 DOM
8. 2026-06-09
   days on market $75,000 Active 32 DOM
9. 2026-06-09
   price $75,000 Active 31 DOM
10. 2026-06-08
    days on market $87,000 Active 31 DOM
11. 2026-06-07
    days on market $87,000 Active 30 DOM
12. 2026-06-05
    days on market $87,000 Active 27 DOM
13. 2026-06-03
    days on market $87,000 Active 26 DOM
14. 2026-06-02
    days on market $87,000 Active 25 DOM
15. 2026-06-01
    days on market $87,000 Active 24 DOM
16. 2026-05-31
    days on market $87,000 Active 23 DOM
17. 2026-05-30
    days on market $87,000 Active 22 DOM
18. 2026-05-08
    listed $87,000 Active 758-char remark

ⓘ 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: $1,447 · $121/mo
• Projected year-2 tax: $1,447 · $121/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 · 22 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

Taxation est. · year 1

• Rental income: $25,627
• − Mortgage interest: −$4,201
• − Property taxes: −$1,447
• − Insurance: −$375
• − Repairs & maintenance: −$2,050
• − Management: −$2,050
• − Depreciation: −$2,182
• Taxable income: $13,322
• Est. tax owed @ 24.0%: −$3,197
• After-tax cash flow: $10,507/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 — Broussard

• Score: 71/100
• State rank: #49
• US rank: #7184

Category grades

Amenities F Commute F Cost of living A- Crime B- Employment B+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lafayette Parish · 207,544 people
• City population: 17,263
• Metro: Lafayette, LA
• Population (ZIP): 17,263
• Household income: $106,710
• Rent vs Own: 15.7% rent · 84.3% own
• Severe rent burden: 117.0

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 15% Two or more races 5% Hispanic / Latino 5% Asian 3%
• Hispanic origin (detail): Mexican 1%
• Common ancestry: Lithuanian 20% Romanian 2% Portuguese 1%
• Foreign-born: 4% · Canada
• Languages at home: 93% English-only · Spanish 3% Other Asian/Pacific 2% French/Haitian/Cajun 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: ▼ -30.65%
• Current HPI: 160.4167
• Rent YoY: —
• 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

-13.8% since first listed

2 events — show timeline

• 2026-06-08 Price Changed $75,000 AcadianaMLS
• 2026-05-08 Listed $87,000 AcadianaMLS

Property tax history

+6.2%/yr

Latest (2025): $1,447 · -1.3% YoY. Source: county tax records.