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713 Saint Louis St
D+ Composite 47.1
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).

  • ARV discount +15.0/15.0
  • Cash flow +12.6/30.0
  • DSCR +3.8/10.0
  • Schools +3.6/10.0
  • Rent growth +3.5/5.0
  • Livability +3.5/5.0
  • 1% rule +2.6/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$189,000

713 Saint Louis St · Lafayette, LA 70506
3 bd · 2.0 ba · 1,019 sqft · SingleFamily public records · 352 Days on market
Built 1950 6,534 sqft lot $185/sqft · 22% above area Est $235k · 19% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

Key facts

  • 6,534 sq ft lot
  • Parking
  • Built 1950

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $189k.

Deal economics

  • At list price, monthly cash flow is $-23 ($-281/yr) — negative.
  • To cash-flow at today's rent, offer at most $185k (2.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $143k (24.3% below list).
  • Recommended offer: $143k (24.3% below list) — sets the bar for 1% rule.
  • Cap rate 6.1% 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.
  • Market conditions: Rents rising fast (+4.1%/yr); 404 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 352 days — a 12% lower offer ($166k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 2y ago; this cycle's ask has dropped $76k (29%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $143,034 (24.3% 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 352 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
  3. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
0.76%
Cap rate
6.14%
Cash-on-cash
-0.53%
DSCR
0.98
GRM
11.0

CMA / ARV

ARV (median comp)
$234,718
List price
$189,000
Delta
-19.48%
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
510 Saint Thomas St 0.21mi 2/1.0 (-1) 947 (-7%) 0mo $178,000 $188 69
409 Saint Joseph St 0.17mi 2/2.0 (-1) 1,104 (+8%) 20mo $202,000 $183 57
220 Saint Peter St 0.69mi 3/1.0 1,036 (+2%) 8mo $154,000 $149 54
516 Cedar Crest Ct 0.55mi 3/2.0 1,125 (+10%) 4mo $165,000 $147 54
233 Ridgewood St 0.22mi 3/1.0 1,155 (+13%) 20mo $175,000 $152 47
123 Perth Pl 0.70mi 2/2.0 (-1) 1,135 (+11%) 2mo $234,900 $207 42
214 Cedar Crest Ct 0.48mi 2/1.0 (-1) 946 (-7%) 19mo $149,000 $158 40
1722 W University Ave 0.48mi 2/1.5 (-1) 1,138 (+12%) 14mo $203,880 $179 40
954 Azalea St 0.44mi 2/1.0 (-1) 904 (-11%) 19mo $165,100 $183 36
116 Lasalle St 0.59mi 2/1.0 (-1) 939 (-8%) 18mo $159,000 $169 35
700 Cedar Crest Ct 0.65mi 2/1.0 (-1) 1,157 (+14%) 16mo $135,000 $117 25
220 Dean St 0.59mi 2/1.0 (-1) 1,161 (+14%) 20mo $125,000 $108 24

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 · 4.12% rent growth · sell at horizon

5-year hold
IRR
-16.1%
Equity multiple
0.42×
Total profit
$-30,560
Equity at exit
$28,181
10-year hold
IRR
-6.2%
Equity multiple
0.58×
Total profit
$-21,984
Equity at exit
$16,341

Cash invested: $52,920 (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.

ZIP-level market 70506

Home prices YoY
-34.8%
Rents YoY
4.1%
Active inventory
404
Price-to-rent
11.0×

Monthly cashflow live

Estimated rent
$1,430 high interval (Pro) →
Mortgage (P&I)
$991
Tax from tax record
$84 /mo · $1,002/yr
Insurance
$79
HOA
$0
Vacancy / Maint / Mgmt
$300
Net cashflow
$-23

Break-even live

Break-even rent $1,460
Max offer price $184,862
Occupancy floor 97%

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
$47,250
Closing costs
$5,670
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
419 Saint Joseph St Lafayette, LA 3.0 1.0 1200 $1,500 $1.25 13d 1 0.14mi
1501 W Saint Mary Blvd Unit B Lafayette, LA 2.0 1.0 832 $1,000 $1.20 13d 1 0.14mi
914 Saint Patrick St Lafayette, LA 2.0 1.0 1200 $1,295 $1.08 43d 1 0.16mi
313 Saint Thomas St Lafayette, LA 3.0 1.0 1265 $1,500 $1.19 21d 1 0.32mi
1114 W Congress St Lafayette, LA 2.0 1.0 1200 $1,350 $1.12 43d 1 0.41mi
1011 W Congress St Lafayette, LA 2.0 1.0 1181 $1,400 $1.19 43d 1 0.45mi
114 Carlin St Lafayette, LA 2.0 2.5 1200 $2,000 $1.67 43d 1 0.49mi
1120 S Washington St Unit B Lafayette, LA 3.0 2.0 1030 $2,400 $2.33 13d 1 0.53mi
1120 S Washington St Unit A Lafayette, LA 2.0 2.0 892 $2,200 $2.47 13d 1 0.53mi
406 Silkwood St Unit D Lafayette, LA 2.0 1.0 800 $850 $1.06 43d 1 0.58mi
220 Saint Peter St Lafayette, LA 3.0 1.0 1036 $1,500 $1.45 43d 1 0.67mi
109 Perth PL Lafayette, LA 2.0 2.0 1150 $1,625 $1.41 13d 1 0.68mi
117 Perth PL Lafayette, LA 2.0 2.0 1150 $1,625 $1.41 21d 1 0.68mi
615 Lafayette St Lafayette, LA 2.0 2.0 1188 $1,350 $1.14 43d 1 0.73mi
104 Whittington Dr Unit C Lafayette, LA 2.0 2.5 1265 $1,695 $1.34 43d 1 0.81mi
104 Whittington Dr Unit N Lafayette, LA 2.0 1.5 1265 $1,550 $1.23 43d 1 0.82mi
213 General Gardner Ave Lafayette, LA 3.0 1.0 1300 $1,750 $1.35 21d 1 0.88mi
135 Oakcrest Dr Lafayette, LA 2.0 1.0 950 $1,450 $1.53 13d 1 0.92mi
305 General Mouton Ave Unit B Lafayette, LA 2.0 1.0 750 $1,250 $1.67 13d 1 0.93mi
300 General Mouton Ave #6 Lafayette, LA 2.0 2.5 1200 $1,600 $1.33 13d 1 0.93mi
111 Sternberg Dr Lafayette, LA 3.0 2.0 1050 $900 $0.86 43d 1 0.95mi
330 General Mouton Ave Lafayette, LA 3.0 1.0 1200 $1,500 $1.25 13d 1 0.98mi
908 Lamar St Unit 108 Lafayette, LA 2.0 1.0 1050 $1,025 $0.98 13d 1 1.00mi
405 E Convent St Lafayette, LA 2.0 1.0 847 $1,125 $1.33 43d 1 1.06mi
402 Lamar St Lafayette, LA 2.0 2.0 770 $825 $1.07 43d 1 1.07mi
111 Dora St Lafayette, LA 3.0 1.0 1000 $750 $0.75 43d 1 1.08mi
503 Joan St Lafayette, LA 3.0 2.0 1000 $1,400 $1.40 21d 1 1.09mi
107 S College Rd Unit B Lafayette, LA 2.0 1.0 925 $1,000 $1.08 43d 1 1.13mi
312 Bertrand Dr #100 Lafayette, LA 2.0 2.0 1260 $1,400 $1.11 13d 1 1.13mi
206 N Washington St Lafayette, LA 3.0 1.0 900 $900 $1.00 21d 1 1.13mi
300 Roosevelt St Unit A Lafayette, LA 2.0 2.0 1070 $1,750 $1.64 13d 1 1.15mi
701 W Taft St #7 Lafayette, LA 2.0 2.5 1142 $1,600 $1.40 43d 1 1.23mi
1140 Madeline Ave Lafayette, LA 4.0 1.0 1225 $850 $0.69 43d 1 1.25mi
313 Hobson St Lafayette, LA 3.0 1.0 1000 $1,100 $1.10 21d 1 1.29mi
801 General Mouton Ave Unit 3 Lafayette, LA 2.0 1.0 800 $850 $1.06 43d 1 1.32mi
208 Thelma Dr Lafayette, LA 2.0 1.0 1200 $1,200 $1.00 13d 1 1.34mi
113 Thelma Dr Lafayette, LA 2.0 1.0 980 $1,050 $1.07 13d 1 1.36mi
113 Thelma Dr Lafayette, LA 2.0 1.0 980 $1,100 $1.12 43d 1 1.36mi
710 S College Rd Lafayette, LA 2.0–3.0 1.0–2.0 1050 $1,307 $1.24 13d 12 1.37mi
423 Sampson St Lafayette, LA 4.0 2.0 1400 $950 $0.68 43d 1 1.40mi

Listing history 26 events

  1. 2026-06-18
    days on market $189,000 Active 352 DOM
  2. 2026-06-17
    days on market $189,000 Active 351 DOM
  3. 2026-06-16
    days on market $189,000 Active 350 DOM
  4. 2026-06-15
    days on market $189,000 Active 349 DOM
  5. 2026-06-14
    days on market $189,000 Active 347 DOM
  6. 2026-06-13
    days on market $189,000 Active 346 DOM
  7. 2026-06-10
    days on market $189,000 Active 344 DOM
  8. 2026-06-09
    days on market $189,000 Active 343 DOM
  9. 2026-06-08
    days on market $189,000 Active 342 DOM
  10. 2026-06-07
    days on market $189,000 Active 341 DOM
  11. 2026-06-05
    days on market $189,000 Active 338 DOM
  12. 2026-06-03
    days on market $189,000 Active 337 DOM
  13. 2026-06-02
    days on market $189,000 Active 336 DOM
  14. 2026-06-01
    days on market $189,000 Active 335 DOM
  15. 2026-05-31
    days on market $189,000 Active 334 DOM
  16. 2026-05-30
    days on market $189,000 Active 333 DOM
  17. 2026-05-12
    price $199,000 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  18. 2026-05-01
    price $209,000 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  19. 2026-04-16
    price $215,000 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  20. 2026-03-04
    price $225,000 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  21. 2026-02-12
    price $240,000 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  22. 2025-12-19
    status Active 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  23. 2025-11-05
    price $248,500 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  24. 2025-09-10
    price $250,000 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  25. 2025-06-30
    listed $265,000 Active 918-char remark
    Show marketing remark (918 chars)

    Looking for an aesthetically pleasing Saint Street gem? Look no further!713 Saint Louis St is a fully renovated & updated spacious home that is conveniently located near the Cajun Dome, Cajun Field, & University of Lafayette.Near Congress Street for quick access to anywhere in town and tucked away enough to not hear any noise.You'll be greeted to laminate plank vinyl engineered flooring through out with an open concept living space transitioning to dining space to totally open kitchen with breakfast island.3 bedrooms with 2 full sized bathrooms on totally separate wings of the house leaving this home to be perfect for families looking for privacy but also appreciating the necessity of family time.Everything has been upgraded from brand new roof, siding, electrical wire & fixtures, plumbing, water heater, to huge full privacy fenced back yard.Schedule your showing today! This one is a must see.

  26. 2024-02-20
    listed $90,000

ⓘ 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
$1,002 · $84/mo
Projected year-2 tax
$1,040 · $87/mo
Expected delta
+$37/yr (+$3/mo · 3.7%)

ⓘ 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 8/10 Severe 6 d/yr ≥108°F today · 19 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$17,164
− Mortgage interest
−$10,587
− Property taxes
−$1,002
− Insurance
−$945
− Repairs & maintenance
−$1,373
− Management
−$1,373
− Depreciation
−$5,498
Taxable loss
−$3,614
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$867
After-tax cash flow
$586/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)
42,318
Household income
$57,379
Rent vs Own
50.4% rent · 49.6% own
Severe rent burden
2095.0

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
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 60% Black 20% Hispanic / Latino 13% Two or more races 13% Asian 3%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Lithuanian 18% Armenian 1% Slovak 1%
Foreign-born
12% · Canada, Vietnam
Languages at home
83% English-only · Spanish 9% French/Haitian/Cajun 3% Vietnamese 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
▼ -75.28%
Current HPI
140.8445
Rent YoY
▲ 4.12%
Metro
Lafayette, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+121.1% since first listed
10 events — show timeline
  • 2026-05-12 Price Changed $199,000 AcadianaMLS
  • 2026-05-01 Price Changed $209,000 AcadianaMLS
  • 2026-04-16 Price Changed $215,000 AcadianaMLS
  • 2026-03-04 Price Changed $225,000 AcadianaMLS
  • 2026-02-12 Price Changed $240,000 AcadianaMLS
  • 2025-12-19 Relisted AcadianaMLS
  • 2025-11-05 Price Changed $248,500 AcadianaMLS
  • 2025-09-10 Price Changed $250,000 AcadianaMLS
  • 2025-06-30 Listed $265,000 AcadianaMLS
  • 2024-02-20 Listed $90,000 AcadianaMLS

Property tax history

+2.8%/yr

Latest (2025): $1,002 · +44.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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