410 Amanda Dr · Lafayette, LA 70507

$222,500

3 bd · 2.0 ba · 1,818 sqft · SingleFamily public records · 3 Days on market

Built 1980 0.26 ac lot Est $251k · 11% under

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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).

• Cash flow +14.7/30.0
• ARV discount +12.6/15.0
• DSCR +4.5/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• 1% rule +3.2/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Key facts

• 0.26 acre lot
• 2 parking spots
• Built 1980

Property features AI

Exterior

• Parking: Carport (2 covered spaces, total parking for 2)
• Utilities: Public sewer; City electric
• Home design: Single family residence; City street frontage on a paved road
• Construction: Brick veneer and frame construction; Composition roof
• Exterior features: Outdoor lighting; Covered patio/porch; Storage structure; Workshop

Interior

• Kitchen: Dishwasher; Garbage disposal
• Flooring: Tile; Wood; Wood laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning
• Interior features: Beamed ceilings; Built-in features; Crown molding; Double vanity; Formica counters; One fireplace (other style)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $222k.

Deal economics

• At list price, monthly cash flow is $56 ($678/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 $182k (18.2% below list).
• Recommended offer: $182k (18.2% below list) — sets the bar for 1% rule.
• Cap rate 6.6% 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: Evangeline Elementary School (math 20% / reading 33%, grade F, #372 of 646 statewide, top 58%, 613 students, 84% FRL); Acadian Middle School (math 13% / reading 27%, grade F, #166 of 218 statewide, top 76%, 372 students, 74% FRL); Carencro High School (math 30% / reading 29%, grade F, #127 of 265 statewide, top 49%, 1,096 students, 69% FRL) — zoned schools average 75% FRL vs 56% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 25% at this address vs 42% district-wide (-17 pts) — the specific schools serving this property underperform the Lafayette Parish average; the district grade overstates school quality for this exact location.
• Market conditions: 330 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% 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).
• This rent runs 34% of the median local income ($64k/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 $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

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $182,038 (18.2% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.82% ✗
• Cap rate: 6.60%
• Cash-on-cash: 1.09%
• DSCR: 1.05
• GRM: 10.2

CMA / ARV

• ARV (on-the-fly): $250,884
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
212 Southern Oak Dr	0.39mi	4/2.0 (+1)	1,786 (-2%)	0mo	$245,000	$137	74
103 Lake Oak Dr	0.42mi	4/2.0 (+1)	1,786 (-2%)	1mo	$241,500	$135	71
105 Chestnut Oak Dr	0.37mi	4/2.0 (+1)	1,860 (+2%)	4mo	$169,900	$91	70
214 Southern Oak Dr	0.41mi	4/2.0 (+1)	1,874 (+3%)	4mo	$252,500	$135	68
217 Naval St	0.72mi	3/2.0	1,825 (+0%)	1mo	$250,990	$138	65
311 Peppercorn Way	0.58mi	4/2.5 (+1)	1,833 (+1%)	4mo	$256,900	$140	61
105 Lake Oak Dr	0.43mi	3/2.0	1,616 (-11%)	1mo	$237,500	$147	60
204 Southern Oak Dr	0.39mi	3/2.0	1,613 (-11%)	4mo	$233,500	$145	59
100 Lake Oak Dr	0.42mi	3/2.0	1,613 (-11%)	4mo	$235,500	$146	58
218 Wickham St	0.72mi	3/2.0	1,689 (-7%)	1mo	$240,813	$143	54
200 Dahalia St	0.71mi	3/2.0	1,626 (-11%)	0mo	$175,000	$108	49
306 Montreal Dr	0.70mi	4/3.0 (+1)	1,729 (-5%)	1mo	$235,000	$136	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.6%
• Equity multiple: 0.48×
• Total profit: $-32,525
• Equity at exit: $33,175

10-year hold

• IRR: -6.0%
• Equity multiple: 0.62×
• Total profit: $-23,966
• Equity at exit: $19,238

Cash invested: $62,300 (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 70507

• Home prices YoY: -20.6%
• Active inventory: 330
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,820 high
• Mortgage (P&I): −$1,167
• Tax from tax record: −$122 /mo · $1,465/yr
• Insurance: −$93
• HOA: −$0
• Vacancy / Maint / Mgmt: −$382
• Net cashflow: $56

Break-even live

Break-even rent $1,749

Max offer price $222,500

Occupancy floor 92%

Sensitivity live

Price	-10% $182	-5% $119	+0% $56	+5% $-6	+10% $-69
Rent	-10% $-87	-5% $-15	+0% $56	+5% $128	+10% $200
Rate	-1.0pp $169	-0.5pp $113	base $56	+0.5pp $-1	+1.0pp $-60

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: $55,625
• Closing costs: $6,675
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
206 Chestnut Oak Dr Lafayette, LA	4.0	2.0	1836	$2,000	$1.09	45d	1	0.44mi
13 Larkspur Ln Unit 13 Lafayette, LA	3.0	1.5	1380	$1,200	$0.87	45d	1	0.85mi
111 Salvat Dr Lafayette, LA	4.0	2.5	1788	$1,945	$1.09	45d	1	0.96mi
105 Salvat Dr Lafayette, LA	3.0	2.0	1593	$1,740	$1.09	45d	1	0.96mi
104 Foggy Ln Lafayette, LA	3.0	2.0	1564	$1,735	$1.11	45d	1	1.01mi
206 Teddy Ln Lafayette, LA	4.0	2.5	1788	$1,945	$1.09	45d	1	1.02mi
202 Teddy Ln Lafayette, LA	4.0	2.5	1788	$1,945	$1.09	22d	1	1.03mi
301 Nottingham Cir Lafayette, LA	3.0	2.5	1833	$1,600	$0.87	45d	1	1.15mi
417 Elwick Dr Lafayette, LA	3.0	2.0	1463	$1,650	$1.13	22d	1	1.22mi
111 Banister Ct Lafayette, LA	1.0–2.0	1.0–2.0	916	$1,827	$1.99	15d	10	1.46mi

Listing history 9 events

1. 2026-06-21
   days on market $222,500 Active 3 DOM
2. 2026-06-18
   statusdays on market $222,500 Active 1 DOM
3. 2026-06-18
   days on market $222,500 Coming Soon 9 DOM
4. 2026-06-17
   days on market $222,500 Coming Soon 8 DOM
5. 2026-06-16
   days on market $222,500 Coming Soon 7 DOM
6. 2026-06-15
   days on market $222,500 Coming Soon 6 DOM
7. 2026-06-14
   days on market $222,500 Coming Soon 4 DOM
8. 2026-06-13
   days on market $222,500 Coming Soon 3 DOM
9. 2026-06-10
   listed $222,500 Coming Soon 1 DOM

ⓘ 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: $1,465 · $122/mo
• Projected year-2 tax: $1,465 · $122/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 · 19 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,845
• − Mortgage interest: −$12,463
• − Property taxes: −$1,465
• − Insurance: −$1,112
• − Repairs & maintenance: −$1,748
• − Management: −$1,748
• − Depreciation: −$6,473
• Taxable loss: −$3,164
• Est. tax savings @ 24.0%: +$759
• After-tax cash flow: $1,437/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): 20,096
• Household income: $64,049
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 503.0

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 0.57)
• Race & ethnicity: Black 47% White 45% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Lithuanian 15%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · French/Haitian/Cajun 4% Spanish 2%

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: ▼ -40.84%
• Current HPI: 156.889
• Rent YoY: —
• 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

1 event — show timeline

• 2026-06-09 Coming Soon $222,500 AcadianaMLS

Property tax history

+10.3%/yr

Latest (2025): $1,465 · -1.1% YoY. Source: county tax records.