341 White Pine Dr · Lafayette, LA 70501

$224,500

3 bd · 2.0 ba · 1,447 sqft · SingleFamily · 167 Days on market

Good condition 6,098 sqft lot $155/sqft · 8% below area Est $244k · 8% under $33/mo HOA · 2% of rent

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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 +11.1/15.0
• Cash flow +7.9/30.0
• Rent growth +4.3/5.0
• Condition / age +4.0/5.0
• Livability +3.5/5.0
• Schools +3.4/10.0
• 1% rule +2.6/10.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come by today to check out Cedar Creek, a new home community in Lafayette, Louisiana! This popular Lafayette Community, now in its second phase, is conveniently located near Louisiana Avenue and is a short way away from David Thibodeaux STEM Magnet Academy and Acadiana Park. Venture a little further and you're only minutes from 7 Different Private Schools, 2 Charter Schools, the University of Louisiana of Lafayette, and the beautiful Downtown Lafayette. Living here, you will enjoy a sense of community with easy access to many major employers, shopping, dining, and entertainment. While Lafayette has something for everyone to enjoy, it is especially known for its bright culture and delicious food choices! Cedar Creek offers an excellent selection of three, four, and five-bedroom floorplans ranging from 1,447 square feet to 2,772 square feet at an affordable price point. These are well-designed and spacious homes with modern open floor plan designs. The kitchens all have granite island and countertops, tile backsplash, stainless- steel appliances inclusive of gas range, dishwasher, and micro hood, and walk-in pantry. The main bedroom suites have a large walk-in closet and spacious ensuite bath. Our stunning exteriors feature brick elevations with a low maintenance landscape package and fully sodded yards. Cedar Creek homes include energy efficient features throughout to give you peace of mind, D.R. Horton's unrivaled warranties and each come completed with our Smart Home Technology package that includes smart products integrated throughout your home and designed to bring the convenience of life right to your fingertips. Don't miss out on the opportunity to call Cedar Creek home. Schedule your tour today.

Key facts

• New home community
• Brick elevations
• Fully sodded yards

Tags

• NEW HOME COMMUNITY
• ENERGY EFFICIENT FEATURES
• SMART HOME TECHNOLOGY PACKAGE
• BRICK ELEVATIONS
• FULLY SODDED YARDS
• MODERN OPEN FLOOR PLAN DESIGNS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $224k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-239 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (15.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $170k (24.1% below list).
• Recommended offer: $170k (24.1% 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: J. Wallace James Elementary School (math 46% / reading 49%, grade D, #147 of 646 statewide, top 23%, 939 students, 64% FRL); Northside High School (math 17% / reading 22%, grade F, #186 of 265 statewide, top 73%, 655 students, 83% FRL) — zoned schools average 74% FRL vs 56% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+7.3%/yr); 343 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
• At $1,704/mo this rent would consume 61% of the median local household income ($33k/yr) (locally 18% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k 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 167 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.

Recommended offer $170,357 (24.1% 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 167 days. Have you received any prior offers? Is the seller open to a 24% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 5.02%
• Cash-on-cash: -4.56%
• DSCR: 0.80
• GRM: 11.0

CMA / ARV

• ARV (median comp): $243,933
• List price: $224,500
• Delta: -7.97%
• 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
331 White Pine Dr	0.00mi	3/2.0	1,447 (0%)	9mo	$224,500	$155	92
322 White Pine Dr	0.00mi	3/2.0	1,447 (0%)	10mo	$228,000	$158	92
334 White Pine Dr	0.02mi	3/2.0	1,447 (0%)	9mo	$228,000	$158	91
319 White Pine Dr	0.00mi	3/2.0	1,613 (+12%)	6mo	$235,500	$146	76
333 White Pine Dr	0.00mi	3/2.0	1,613 (+12%)	6mo	$235,000	$146	76
336 White Pine Dr	0.02mi	3/2.0	1,616 (+12%)	6mo	$242,000	$150	74
324 White Pine Dr	0.00mi	3/2.0	1,616 (+12%)	11mo	$242,000	$150	71
1244 E Alexander St	0.23mi	2/2.0 (-1)	1,540 (+6%)	6mo	$155,000	$101	68
216 Begnaud Dr	0.54mi	3/2.0	1,607 (+11%)	2mo	$225,000	$140	54
106 Kingswood Dr	0.56mi	3/2.0	1,576 (+9%)	6mo	$169,000	$107	54
627 Teurlings Dr	0.52mi	3/1.5	1,282 (-11%)	2mo	$69,900	$55	54
106 Dogwood Dr	0.63mi	3/2.0	1,350 (-7%)	13mo	$160,000	$119	49

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: -19.2%
• Equity multiple: 0.30×
• Total profit: $-43,750
• Equity at exit: $33,474

10-year hold

• IRR: -4.6%
• Equity multiple: 0.64×
• Total profit: $-22,542
• Equity at exit: $19,411

Cash invested: $62,860 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 17 active · 14 under contract
• Months of supply: 7.3 mo (14%/mo absorbed)
• Median asking: $220,500 ($143/sqft)
• Median days on market: 98 d
• This list price: 53% of active listings are priced below it
• ARV vs active asking: +18.1% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 70501

• Rents YoY: 7.3%
• Active inventory: 343
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $1,704 high
• Mortgage (P&I): −$1,177
• Tax est. 1.5%: −$281 /mo · $3,368/yr
• Insurance: −$94
• HOA: −$33
• Vacancy / Maint / Mgmt: −$358
• Net cashflow: $-239

Break-even live

Break-even rent $2,006

Max offer price $189,967

Occupancy floor —

Sensitivity live

Price	-10% $-84	-5% $-161	+0% $-239	+5% $-316	+10% $-394
Rent	-10% $-373	-5% $-306	+0% $-239	+5% $-171	+10% $-104
Rate	-1.0pp $-126	-0.5pp $-182	base $-239	+0.5pp $-297	+1.0pp $-356

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: $56,125
• Closing costs: $6,735
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
406 Starlight Dr Lafayette, LA	4.0	2.0	1867	$3,500	$1.87	0d	1	0.27mi
121 Rue Viansa Lafayette, LA	4.0	2.0	1684	$1,950	$1.16	0d	1	0.37mi
2826 Louisiana Ave #1111 Lafayette, LA	2.0	2.0	1140	$1,200	$1.05	140d	1	0.73mi
2826 Louisiana Ave #907 Lafayette, LA	2.0	2.5	1100	$950	$0.86	0d	1	0.73mi
2820 Louisiana Ave Lafayette, LA	1.0–3.0	1.0–2.0	876	$1,145	$1.31	0d	22	0.74mi
2830 Louisiana Ave #6 Lafayette, LA	2.0	1.5	1100	$950	$0.86	109d	1	0.82mi
610 Sunset Dr Lafayette, LA	2.0	1.0	1000	$800	$0.80	139d	1	1.04mi
245 Sherwood Dr Lafayette, LA	3.0	1.0	1299	$1,195	$0.92	6d	1	1.19mi
204 Debaillon St Lafayette, LA	2.0	1.0	900	$800	$0.89	2d	1	1.27mi
126 Sherwood Dr Lafayette, LA	3.0	1.0	1200	$1,100	$0.92	0d	1	1.37mi
222 Winsor Dr Lafayette, LA	4.0	2.0	1648	$1,700	$1.03	2d	1	1.40mi
204 Winsor Dr Lafayette, LA	3.0	2.0	1244	$1,550	$1.25	6d	1	1.49mi

HOA detail $33/mo · $396/yr

• Likely covers: gas

Listing history 50 events

1. 2026-09-24
   days on market $224,500 Active 167 DOM
2. 2026-09-22
   days on market $224,500 Active 166 DOM
3. 2026-09-21
   days on market $224,500 Active 165 DOM
4. 2026-09-20
   days on market $224,500 Active 164 DOM
5. 2026-09-19
   days on market $224,500 Active 163 DOM
6. 2026-09-18
   days on market $224,500 Active 162 DOM
7. 2026-09-17
   days on market $224,500 Active 161 DOM
8. 2026-09-16
   days on market $224,500 Active 160 DOM
9. 2026-09-15
   days on market $224,500 Active 159 DOM
10. 2026-09-14
    days on market $224,500 Active 158 DOM
11. 2026-09-13
    days on market $224,500 Active 157 DOM
12. 2026-09-12
    days on market $224,500 Active 156 DOM
13. 2026-09-11
    days on market $224,500 Active 155 DOM
14. 2026-09-05
    days on market $224,500 Active 149 DOM
15. 2026-09-04
    days on market $224,500 Active 148 DOM
16. 2026-09-03
    days on market $224,500 Active 147 DOM
17. 2026-08-31
    days on market $224,500 Active 144 DOM
18. 2026-08-30
    days on market $224,500 Active 143 DOM
19. 2026-08-29
    days on market $224,500 Active 142 DOM
20. 2026-08-28
    days on market $224,500 Active 141 DOM
21. 2026-08-27
    days on market $224,500 Active 140 DOM
22. 2026-08-26
    days on market $224,500 Active 139 DOM
23. 2026-08-25
    days on market $224,500 Active 138 DOM
24. 2026-08-24
    days on market $224,500 Active 137 DOM
25. 2026-08-23
    days on market $224,500 Active 136 DOM
26. 2026-08-22
    days on market $224,500 Active 135 DOM
27. 2026-08-21
    days on market $224,500 Active 134 DOM
28. 2026-08-20
    days on market $224,500 Active 133 DOM
29. 2026-08-19
    days on market $224,500 Active 132 DOM
30. 2026-08-18
    days on market $224,500 Active 131 DOM
31. 2026-08-17
    days on market $224,500 Active 130 DOM
32. 2026-08-16
    days on market $224,500 Active 129 DOM
33. 2026-08-15
    days on market $224,500 Active 128 DOM
34. 2026-08-14
    days on market $224,500 Active 127 DOM
35. 2026-08-13
    days on market $224,500 Active 126 DOM
36. 2026-08-12
    days on market $224,500 Active 125 DOM
37. 2026-08-11
    days on market $224,500 Active 124 DOM
38. 2026-08-10
    days on market $224,500 Active 123 DOM
39. 2026-08-09
    days on market $224,500 Active 122 DOM
40. 2026-08-08
    days on market $224,500 Active 121 DOM
41. 2026-08-07
    days on market $224,500 Active 120 DOM
42. 2026-08-06
    days on market $224,500 Active 119 DOM
43. 2026-08-05
    days on market $224,500 Active 118 DOM
44. 2026-08-04
    days on market $224,500 Active 117 DOM
45. 2026-08-03
    days on market $224,500 Active 116 DOM
46. 2026-07-31
    days on market $224,500 Active 113 DOM
47. 2026-07-30
    days on market $224,500 Active 112 DOM
48. 2026-07-29
    days on market $224,500 Active 111 DOM
49. 2026-07-27
    days on market $224,500 Active 109 DOM
50. 2026-07-23
    days on market $224,500 Active 105 DOM

ⓘ 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: $20,443
• − Mortgage interest: −$12,575
• − Property taxes: −$3,368
• − Insurance: −$1,122
• − Repairs & maintenance: −$1,635
• − Management: −$1,635
• − HOA: −$396
• − Depreciation: −$6,531
• Taxable loss: −$6,820
• Est. tax savings @ 24.0%: +$1,637
• After-tax cash flow: $-1,227/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 · 12 photos

Good 80/100 None rehab

This home is in excellent condition with a good condition score of 80. It is move-in ready with a new kitchen and bathrooms, hardwood flooring, and a well-maintained exterior. The home has good curb appeal and is located in a desirable area with easy access to schools and amenities.

Value-add opportunities

• Both Paint interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Resale Replace countertops — Granite countertops are durable and add value to the home. ↑
• Resale Install new flooring in bedrooms — Hardwood flooring in the kitchen and living areas is already present, so installing new flooring in bedrooms would enhance the overall look and feel of the home. ↑

F Composite school gradezoned avg 34/100

Zoned Schools

Elementary J. Wallace James Elementary School D LA #147/646 Nat'l #14,382/41,679 Middle Paul Breaux Middle School F LA #100/218 Nat'l #7,937/14,009 High Northside High School F LA #186/265 Nat'l #14,491/17,239

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

B Composite livability gradescore 70/100

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 · 280,930 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: 18% of renters

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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%

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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%

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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

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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

2 events — show timeline

• 2026-05-11 Pending — AcadianaMLS
• 2026-03-12 Listed $224,500 AcadianaMLS