503 Yvette Marie Dr · Lafayette, LA 70508

$264,300

3 bd · 2.0 ba · 1,817 sqft · SingleFamily public records · 97 Days on market

Built 1988 10,454 sqft lot $145/sqft · at area comps Est $276k · at est. ↓ 4% since listing

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Why this score? — see what drove the C- 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 +20.8/30.0
• ARV discount +9.3/15.0
• DSCR +6.6/10.0
• 1% rule +4.7/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.8/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

Key facts

• New flooring
• Open living concept
• Fenced-in backyard

Tags

• REMODELED HOME
• OPEN LIVING CONCEPT
• WOOD BURNING FIREPLACE
• FENCED-IN BACKYARD
• NEW ROOF
• NEW FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $264k.

Deal economics

• At list price, monthly cash flow is $361 ($4k/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 $255k (3.4% below list).
• Recommended offer: $241k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.9% 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); 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 60% FRL track the district average.
• Market conditions: Rents rising (+1.2%/yr); 471 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 55% 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).
• This rent runs 36% of the median local income ($86k/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 $2k of loan paydown is wiped out by about $8k 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 97 days — a 9% lower offer ($241k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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.

Recommended offer $240,513 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% 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: 0.97% ✗
• Cap rate: 7.93%
• Cash-on-cash: 5.86%
• DSCR: 1.26
• GRM: 8.6

CMA / ARV

• ARV (median comp): $275,504
• List price: $264,300
• Delta: -4.07%
• 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
601 Yvette Marie Dr	0.05mi	3/2.0	1,763 (-3%)	1mo	$230,000	$130	92
501 Yvette Marie Dr	0.02mi	3/2.0	1,769 (-3%)	6mo	$240,000	$136	90
121 Sandest Dr	0.64mi	3/2.0	1,820 (+0%)	6mo	$200,000	$110	64
100 Sandy Brook Ln	0.71mi	3/2.0	1,800 (-1%)	5mo	$259,000	$144	62
305 Barataria Bay Pt	0.70mi	3/2.5	1,767 (-3%)	1mo	$285,000	$161	60
114 Swan Cir	0.44mi	3/2.0	1,603 (-12%)	1mo	$232,500	$145	59
209 Silver Creek Cir	0.67mi	3/2.0	1,936 (+6%)	0mo	$260,000	$134	57
126 Caladium Ct	0.64mi	3/2.5	1,678 (-8%)	1mo	$210,000	$125	55
301 Barataria Bay Pt	0.71mi	3/2.0	1,700 (-6%)	5mo	$262,500	$154	52
122 Coconut Grove Cir	0.59mi	3/2.5	1,624 (-11%)	4mo	$230,000	$142	50
104 Newtown Dr	0.58mi	3/2.0	1,603 (-12%)	6mo	$335,900	$210	48
100 Coconut Grove Cir	0.61mi	3/2.5	1,617 (-11%)	4mo	$237,500	$147	47

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: -9.1%
• Equity multiple: 0.67×
• Total profit: $-24,343
• Equity at exit: $39,408

10-year hold

• IRR: -2.0%
• Equity multiple: 0.87×
• Total profit: $-9,522
• Equity at exit: $22,852

Cash invested: $74,004 (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: 471
• Price-to-rent: 8.6×

Monthly cashflow live

• Estimated rent: $2,554 high
• Mortgage (P&I): −$1,386
• Tax from tax record: −$160 /mo · $1,917/yr
• Insurance: −$110
• HOA: −$0
• Vacancy / Maint / Mgmt: −$536
• Net cashflow: $361

Break-even live

Break-even rent $2,096

Max offer price $264,300

Occupancy floor 81%

Sensitivity live

Price	-10% $511	-5% $436	+0% $361	+5% $287	+10% $212
Rent	-10% $160	-5% $261	+0% $361	+5% $462	+10% $563
Rate	-1.0pp $495	-0.5pp $429	base $361	+0.5pp $293	+1.0pp $223

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: $66,075
• Closing costs: $7,929
• Reserves months: —
• Total cash needed: —

Rent comps 20 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
119 Coconut Grove Cir Lafayette, LA	3.0	2.5	1600	$1,800	$1.12	45d	1	0.55mi
102 Orchard Park Ave Lafayette, LA	4.0	3.0	2464	$4,200	$1.70	15d	1	0.56mi
303 Barataria Bay Pt Lafayette, LA	3.0	2.5	1556	$1,850	$1.19	15d	1	0.73mi
304 Barataria Bay Pt Lafayette, LA	3.0	2.5	1712	$1,800	$1.05	45d	1	0.75mi
202 Student Ln Lafayette, LA	4.0	2.0	2017	$4,000	$1.98	45d	1	0.87mi
406 E Martial Ave Lafayette, LA	4.0	2.0	2017	$5,000	$2.48	45d	1	0.87mi
204 Student Ln Lafayette, LA	3.0	2.0	1976	$3,500	$1.77	45d	1	0.88mi
1521 Camellia Blvd Lafayette, LA	1.0–3.0	1.0–2.0	1246	$2,342	$1.88	15d	16	0.89mi
404 E Martial Ave Lafayette, LA	4.0	2.0	2017	$4,000	$1.98	45d	1	0.90mi
402 E Martial Ave Lafayette, LA	3.0	2.0	1500	$4,000	$2.67	45d	1	0.92mi
115 La Rue Vil Lafayette, LA	3.0	2.0	1860	$1,900	$1.02	46d	1	0.98mi
5530 Ambassador Caffrey Blvd Lafayette, LA	1.0–3.0	1.0–2.0	1194	$1,875	$1.57	15d	15	1.03mi
150 La Rue Vil Lafayette, LA	3.0	2.0	1650	$1,650	$1.00	15d	1	1.04mi
110 E Martial Ave Lafayette, LA	1.0–3.0	1.0–2.0	1047	$1,535	$1.47	15d	5	1.12mi
210 Polly Ln Lafayette, LA	1.0–3.0	1.0–2.0	1064	$1,686	$1.58	15d	23	1.24mi
207 Summerland Key Ln Lafayette, LA	4.0	3.0	2018	$2,350	$1.16	46d	1	1.28mi
1510 Kaliste Saloom Rd #404 Lafayette, LA	3.0	2.5	1398	$4,000	$2.86	45d	1	1.29mi
207 Harbor Bend Blvd Lafayette, LA	3.0	2.0	1650	$1,595	$0.97	45d	1	1.34mi
110 Frem Boustany Dr Lafayette, LA	1.0–3.0	1.0–2.0	1026	$2,030	$1.98	22d	15	1.34mi
201 Settlers Trace Blvd Lafayette, LA	1.0–3.0	1.0–2.0	1024	$1,848	$1.80	15d	12	1.39mi

Listing history 18 events

1. 2026-06-13
   status $264,300 Pending 97 DOM
2. 2026-06-10
   days on market $264,300 Active 97 DOM
3. 2026-06-09
   days on market $264,300 Active 96 DOM
4. 2026-06-08
   days on market $264,300 Active 95 DOM
5. 2026-06-07
   pricedays on market $264,300 Active 94 DOM
6. 2026-06-05
   days on market $264,500 Active 91 DOM
7. 2026-06-03
   days on market $264,500 Active 90 DOM
8. 2026-06-02
   days on market $264,500 Active 89 DOM
9. 2026-06-01
   days on market $264,500 Active 88 DOM
10. 2026-05-31
    days on market $264,500 Active 87 DOM
11. 2026-05-30
    days on market $264,500 Active 86 DOM
12. 2026-05-15
    price $264,500 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

13. 2026-05-08
    price $264,600 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

14. 2026-04-30
    price $264,700 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

15. 2026-04-24
    price $264,800 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

16. 2026-04-16
    price $264,900 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

17. 2026-03-23
    price $269,900 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

18. 2026-03-05
    listed $275,000 Active 795-char remark

    Show marketing remark (795 chars)

    Stunning fully remodeled home in the heart of South Lafayette! This 1932 sqft, 3 bedroom, 2 bathroom home offers a spacious open living concept with cathedral ceilings and a cozy wood burning fireplace, perfect for family gatherings or entertaining. Situated on a large lot with a fenced-in backyard, there's plenty of room for outdoor fun and privacy. The home has been completely updated, including a new roof, fresh exterior and interior paint, new flooring throughout, modern electric and plumbing fixtures, new appliances, and beautiful quartz countertops. Centrally located, this home combines modern comfort with convenient access to all Lafayette has to offer. Move-in ready and stylishly updated - an ideal home for families, first time buyers, or anyone looking for a turnkey property.

ⓘ 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: $1,917 · $160/mo
• Projected year-2 tax: $1,917 · $160/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 6/10 Major FEMA zone X (unshaded) · 70% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°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 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,642
• − Mortgage interest: −$14,805
• − Property taxes: −$1,917
• − Insurance: −$1,322
• − Repairs & maintenance: −$2,451
• − Management: −$2,451
• − Depreciation: −$7,689
• Taxable income: $8
• Est. tax owed @ 24.0%: −$2
• After-tax cash flow: $4,335/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

-3.8% since first listed

7 events — show timeline

• 2026-05-15 Price Changed $264,500 AcadianaMLS
• 2026-05-08 Price Changed $264,600 AcadianaMLS
• 2026-04-30 Price Changed $264,700 AcadianaMLS
• 2026-04-24 Price Changed $264,800 AcadianaMLS
• 2026-04-16 Price Changed $264,900 AcadianaMLS
• 2026-03-23 Price Changed $269,900 AcadianaMLS
• 2026-03-05 Listed $275,000 AcadianaMLS

Property tax history

+2.8%/yr

Latest (2025): $1,917 · -1.1% YoY. Source: county tax records.