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203 S A St
B+ Composite 76.91
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +3.6/10.0
  • Livability +3.3/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$50,000

203 S A St · Duson, LA 70529
1 bd · 1.0 ba · 1,118 sqft · SingleFamily public records · 18 Days on market
Built 1917 0.30 ac lot $45/sqft · 49% below area Est $98k · 49% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Classic Cajun shotgun house, formally served as a train station depot prior to being moved onto this lot. One bedroom/ one bath home on large lot with easy access to I-10. Spacious living room and kitchen with island. Large primary closet (has been used as office space). Storage room is located behind the house. A large shed is present and can be used as a flex/workshop space. A second small shed is also present in the left rear corner of the property.

Key facts

  • 0.3 acre lot
  • 2 parking spots
  • Listed 18 days

Property features AI

Exterior

  • Parking: 2 covered parking spaces; 2-space carport
  • Utilities: Gas service: Atmos; Electric service: Entergy; Public sewer
  • Home design: Single family residence; City street and paved road frontage
  • Construction: Vinyl siding with frame construction; Metal roof
  • Exterior features: Exterior lighting; Covered patio/porch; Shed(s)/storage

Interior

  • Kitchen: Electric stove/convection
  • Flooring: Carpet; Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Kitchen island; Walk-in closet(s); Formica counters
  • Laundry & utility: Gas dryer hookup

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 1-bed/1.0-bath single-family listed at $50k.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $50k).
  • Recommended offer: $49k (1.5% below list) — sets the bar for market timing.
  • Cap rate 30.5% vs local median 5.7% in Duson — 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 66/100 on livability (#134 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: amenities F, commute F, employment 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: Duson Elementary School (math 37% / reading 32%, grade F, #284 of 646 statewide, top 46%, 242 students, 74% FRL); Scott Middle School (math 20% / reading 28%, grade F, #143 of 218 statewide, top 65%, 559 students, 65% FRL); Acadiana High School (math 31% / reading 29%, grade F, #125 of 265 statewide, top 47%, 1,813 students, 56% FRL).
  • Zoned-school proficiency averages 30% at this address vs 42% district-wide (-12 pts) — the specific schools serving this property underperform the Lafayette Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: 196 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 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 $346 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Lafayette County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 18 days — a 2% lower offer ($49k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $20k; list at $50k implies a 150% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $49,250 (1.5% below list)

Questions for the listing agent

  1. Built in 1917 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
3.34%
Cap rate
30.46%
Cash-on-cash
86.31%
DSCR
4.84
GRM
2.5

CMA / ARV

ARV (median comp)
$97,832
List price
$50,000
Delta
-48.89%
Verdict
UNDERPRICED
Comps
6 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
203 S A St 0.00mi 1/1.0 1,125 (+1%) 1mo $20,000 $18 98

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
86.8%
Equity multiple
5.00×
Total profit
$56,032
Equity at exit
$7,455
10-year hold
IRR
89.9%
Equity multiple
10.38×
Total profit
$131,389
Equity at exit
$4,323

Cash invested: $14,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State Louisiana
90 Strongly Landlord-Friendly · R+12
County
— inherits STATE
City
— inherits STATE
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

ZIP-level market 70529

Home prices YoY
-11.1%
Active inventory
196
Price-to-rent
2.5×

Monthly cashflow live

Estimated rent
$1,670 medium interval (Pro) →
Mortgage (P&I)
$262
Tax from tax record
$29 /mo · $352/yr
Insurance
$21
HOA
$0
Vacancy / Maint / Mgmt
$351
Net cashflow
$1,007

Break-even live

Break-even rent $395
Max offer price $50,000
Occupancy floor 35%

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
$12,500
Closing costs
$1,500
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
211 Winter Park PL Duson, LA 2.0–3.0 2.0 1275 $1,670 $1.31 13d 1 0.15mi

Listing history 3 events

  1. 2026-05-11
    status Pending 459-char remark
  2. 2026-05-06
    price $50,000 459-char remark
  3. 2026-04-21
    listed $69,900 Active 459-char remark

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

Tax reassessment forecast LA · Resets to sale price

Current annual tax
$352 · $29/mo
Projected year-2 tax
$352 · $29/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,040
− Mortgage interest
−$2,801
− Property taxes
−$352
− Insurance
−$250
− Repairs & maintenance
−$1,603
− Management
−$1,603
− Depreciation
−$1,455
Taxable income
$11,976
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,874
After-tax cash flow
$9,209/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 — Duson

Score
66/100
State rank
#134
US rank
#12322

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Duson, LA
Population (ZIP)
13,557

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 0.55)
Race & ethnicity
White 62% Black 25% Hispanic / Latino 6% Two or more races 6%
Hispanic origin (detail)
Common ancestry
Lithuanian 16% English 1% Iranian 1%
Foreign-born
6% · Canada
Languages at home
90% English-only · Spanish 5% French/Haitian/Cajun 4%

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
▼ -23.96%
Current HPI
192.2639
Rent YoY
Metro
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

-71.4% since first listed
4 events — show timeline
  • 2026-05-29 Sold (MLS) $20,000 AcadianaMLS
  • 2026-05-11 Pending AcadianaMLS
  • 2026-05-06 Price Changed $50,000 AcadianaMLS
  • 2026-04-21 Listed $69,900 AcadianaMLS

Property tax history

+27.6%/yr

Latest (2025): $352 · -0.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…