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123 Grenadine Dr
D Composite 40.11
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 +7.7/30.0
  • Schools +3.6/10.0
  • Rent growth +3.5/5.0
  • Livability +3.5/5.0
  • 1% rule +2.5/10.0
  • Condition / age +2.5/5.0
  • DSCR +1.8/10.0
  • Appreciation +0.0/10.0

$252,900

123 Grenadine Dr · Lafayette, LA 70506
3 bd · 2.0 ba · 1,446 sqft · SingleFamily · 197 Days on market
3,920 sqft lot $175/sqft · 23% below area Est $329k · 23% under $55/mo HOA · 3% of rent ↓ 3% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

*Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!

Key facts

  • Energy star home
  • Stainless appliances
  • Slide-in gas range

Tags

ENERGY STAR HOMEOAKLEY COTTAGE I FLOORPLANSLIDE-IN GAS RANGESTAINLESS APPLIANCES3CM GRANITE COUNTERTOPSUNDERMOUNT KITCHEN SINK

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 $253k.

Deal economics

  • At list price, monthly cash flow is $-296 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $210k (17.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (24.6% below list).
  • Recommended offer: $191k (24.6% 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.
  • Market conditions: Rents rising fast (+4.1%/yr); 404 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 1,585 units permitted in Lafayette Parish in 2024 (10 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($57k/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 197 days — a 12% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $190,673 (24.6% 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 197 days. Have you received any prior offers? Is the seller open to a 25% 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
0.75%
Cap rate
4.89%
Cash-on-cash
-5.02%
DSCR
0.78
GRM
11.1

CMA / ARV

ARV (median comp)
$328,561
List price
$252,900
Delta
-23.03%
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
117 Grenadine Dr 0.02mi 3/2.0 1,446 (0%) 8mo $247,999 $172 93
110 Grenadine Dr 0.17mi 3/2.0 1,446 (0%) 6mo $239,999 $166 87
122 Grenadine Dr 0.23mi 3/2.0 1,446 (0%) 6mo $247,999 $172 84
366 W Broussard Rd 0.12mi 3/2.0 1,505 (+4%) 7mo $244,000 $162 82
113 Grenadine Dr 0.04mi 3/2.0 1,547 (+7%) 7mo $249,999 $162 81
119 Grenadine Dr 0.22mi 3/2.0 1,484 (+3%) 7mo $251,000 $169 79
121 Grenadine Dr 0.25mi 3/2.0 1,547 (+7%) 3mo $254,900 $165 74
108 Caddo Ct 0.58mi 3/2.0 1,459 (+1%) 5mo $230,000 $158 67
102 Caddo Ct 0.55mi 3/2.0 1,393 (-4%) 8mo $199,999 $144 61
201 B Camino Real Rd 0.68mi 3/2.0 1,616 (+12%) 4mo $190,000 $118 46
110 Caddo Ct 0.59mi 3/2.0 1,613 (+12%) 9mo $227,000 $141 45
504 Glade Blvd 0.69mi 3/2.0 1,650 (+14%) 2mo $205,000 $124 43

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
-23.5%
Equity multiple
0.19×
Total profit
$-57,625
Equity at exit
$37,708
10-year hold
IRR
-15.5%
Equity multiple
0.08×
Total profit
$-65,113
Equity at exit
$21,866

Cash invested: $70,812 (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
11.1×

Monthly cashflow live

Estimated rent
$1,907 high interval (Pro) →
Mortgage (P&I)
$1,326
Tax est. 1.5%
$316 /mo · $3,794/yr
Insurance
$105
HOA
$55
Vacancy / Maint / Mgmt
$400
Net cashflow
$-296

Break-even live

Break-even rent $2,282
Max offer price $210,008
Occupancy floor

Sensitivity live

Price -10% $-122 -5% $-209 +0% $-296 +5% $-384 +10% $-471
Rent -10% $-447 -5% $-372 +0% $-296 +5% $-221 +10% $-146
Rate -1.0pp $-169 -0.5pp $-232 base $-296 +0.5pp $-362 +1.0pp $-429

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
$63,225
Closing costs
$7,587
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 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
201 Finsbury Ln Lafayette, LA 3.0 2.0 1730 $2,575 $1.49 21d 1 0.25mi
225 Shadowbrush Bnd Lafayette, LA 3.0 2.0 1585 $1,700 $1.07 44d 1 0.67mi
600 Glade Blvd Lafayette, LA 3.0 2.0 1617 $1,695 $1.05 14d 1 0.69mi
110 Pilsbury Ln Lafayette, LA 2.0 2.0 1150 $1,595 $1.39 21d 1 0.75mi
104 Marblehead Ave Lafayette, LA 2.0–3.0 2.0–2.5 1448 $2,668 $1.84 14d 126 0.79mi
330 Dunvegan Ct Lafayette, LA 3.0 2.5 1848 $2,400 $1.30 44d 1 0.85mi
1630 Rue du Belier Lafayette, LA 1.0–3.0 1.0–2.0 1060 $1,600 $1.51 14d 25 0.92mi
120 Hummingbird Ln Apt C Lafayette, LA 2.0 2.0 900 $850 $0.94 14d 1 0.95mi
106 Hummingbird Ln Unit D Lafayette, LA 2.0 2.0 900 $800 $0.89 44d 1 0.95mi
303 Tall Meadows Ln Lafayette, LA 3.0 2.0 1522 $2,000 $1.31 21d 1 0.96mi
304 Tall Meadows Ln Lafayette, LA 3.0 2.0 1689 $1,850 $1.10 44d 1 0.97mi
105 Alpine Meadows Ln Lafayette, LA 3.0 2.0 1629 $1,945 $1.19 21d 1 0.99mi
6000 Johnston St Lafayette, LA 1.0–3.0 1.0–2.0 1093 $1,740 $1.59 14d 20 1.00mi
307 Grassy Meadows Ln Lafayette, LA 3.0 2.0 1603 $2,200 $1.37 21d 1 1.05mi
221 Wakely CT Lafayette, LA 3.0 2.0 1659 $1,975 $1.19 14d 1 1.10mi
106 Braddish Ct Lafayette, LA 3.0 2.0 1659 $1,900 $1.15 21d 1 1.20mi
709 Rosedown Ln Lafayette, LA 3.0 2.0 1800 $1,700 $0.94 44d 1 1.22mi
327 Guidry Rd Lafayette, LA 2.0 2.0 1060 $1,350 $1.27 21d 1 1.38mi
303 Belle Grove Blvd Lafayette, LA 3.0 2.0 1700 $1,700 $1.00 21d 1 1.47mi

HOA detail

Monthly dues
$55 · $660/yr
Likely covers
watergas

Listing history 25 events

  1. 2026-06-18
    days on market $252,900 Active 197 DOM
  2. 2026-06-17
    days on market $252,900 Active 196 DOM
  3. 2026-06-16
    days on market $252,900 Active 195 DOM
  4. 2026-06-15
    days on market $252,900 Active 194 DOM
  5. 2026-06-14
    days on market $252,900 Active 192 DOM
  6. 2026-06-13
    days on market $252,900 Active 191 DOM
  7. 2026-06-10
    days on market $252,900 Active 189 DOM
  8. 2026-06-09
    days on market $252,900 Active 188 DOM
  9. 2026-06-08
    days on market $252,900 Active 187 DOM
  10. 2026-06-07
    days on market $252,900 Active 186 DOM
  11. 2026-06-05
    days on market $252,900 Active 183 DOM
  12. 2026-06-03
    days on market $252,900 Active 182 DOM
  13. 2026-06-02
    days on market $252,900 Active 181 DOM
  14. 2026-06-01
    days on market $252,900 Active 180 DOM
  15. 2026-05-31
    days on market $252,900 Active 179 DOM
  16. 2026-05-30
    days on market $252,900 Active 178 DOM
  17. 2026-05-15
    status Active 1226-char remark
    Show marketing remark (1226 chars)

    *Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!

  18. 2026-03-16
    historical Contingent (Show) 1226-char remark
    Show marketing remark (1226 chars)

    *Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!

  19. 2026-03-04
    status Active 1304-char remark
    Show marketing remark (1304 chars)

    * Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!

  20. 2026-03-04
    price $252,900 1304-char remark
    Show marketing remark (1304 chars)

    * Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!

  21. 2025-12-17
    status Active 1226-char remark
    Show marketing remark (1226 chars)

    *Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!

  22. 2025-12-17
    price $252,900 1226-char remark
    Show marketing remark (1226 chars)

    *Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!

  23. 2025-09-09
    historical 1304-char remark
    Show marketing remark (1304 chars)

    * Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!

  24. 2025-08-25
    listed $259,999 Active 1226-char remark
    Show marketing remark (1226 chars)

    *Receive up to $7,465 in incentives on this MOVE IN READY new construction home! Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing!

  25. 2025-08-15
    listed $259,999 Active 1304-char remark
    Show marketing remark (1304 chars)

    * Receive up to $7,465 in incentives on this MOVE IN READY new construction home. Welcome to Madison Landing - Modern Living in a Prime Location! This stunning new construction Energy Star home in Madison Landing features the Oakley Cottage I floorplan with 3 bedrooms and 2 full baths. Conveniently located between Johnston Street and East Broussard, this home offers easy access to shopping, dining, and entertainment while maintaining the charm of a quiet community. The thoughtfully designed kitchen boasts a slide-in gas range with stainless appliances, 3cm granite countertops, an undermount kitchen sink in the island, a walk-in pantry, and custom-built cabinets - perfect for cooking and entertaining. Durable and stylish vinyl plank and tile flooring run throughout the home, and the rear entry features convenient cubbies for organization. The master bathroom offers a custom tile shower with a fiberglass base, creating a spa-like retreat. The tankless water heater ensures you'll never run out of hot water, adding convenience and energy efficiency to your daily life. Step outside to enjoy the sodded yard and privacy fence! Don't miss this opportunity to own a beautiful, energy-efficient home in Madison Landing! Contact us to see if you can qualify for a 3.99% interest rate on this home!

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,881
− Mortgage interest
−$14,166
− Property taxes
−$3,794
− Insurance
−$1,264
− Repairs & maintenance
−$1,830
− Management
−$1,830
− HOA
−$660
− Depreciation
−$7,357
Taxable loss
−$8,022
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,925
After-tax cash flow
$-1,632/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

-2.7% since first listed
9 events — show timeline
  • 2026-05-15 Relisted AcadianaMLS
  • 2026-03-16 Contingent AcadianaMLS
  • 2026-03-04 Relisted Zillow
  • 2026-03-04 Price Changed $252,900 Zillow
  • 2025-12-17 Relisted AcadianaMLS
  • 2025-12-17 Price Changed $252,900 AcadianaMLS
  • 2025-09-09 Delisted Zillow
  • 2025-08-25 Listed $259,999 AcadianaMLS
  • 2025-08-15 Listed $259,999 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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