100 Charles St · Carencro, LA 70520

$180,000

3 bd · 2.0 ba · 634 sqft · Other public records · 83 Days on market

Built 1964 0.30 ac lot $284/sqft · 118% above area Est $222k · 19% under ↓ 3% since listing

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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 +15.0/15.0
• Cash flow +7.7/30.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.3/10.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Corner lot home with 2 separate driveways, this home has lots of storage, double garage, covered boat storage & a 28 x 24 workshop. This home is located in city limits of Carencro & is close to schools & shopping. Electrical panel recently updated & Roof approx 9 years old. Home could use a little remodeling, but has great bones and lots of room for those extra Big boy toys!

Key facts

• Lots of storage
• Separate driveways
• Covered boat storage

Tags

• CORNER LOT
• SEPARATE DRIVEWAYS
• LOTS OF STORAGE
• COVERED BOAT STORAGE
• WORKSHOP
• UPDATED ELECTRICAL PANEL

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $180k.

Deal economics

• At list price, monthly cash flow is $-274 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $140k (22.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (27.1% below list).
• Recommended offer: $131k (27.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#65 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, employment C-, crime D.
• 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: 280 active listings in the ZIP; 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 $5k 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 83 days — a 6% lower offer ($169k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; 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 $131,222 (27.1% 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 83 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
3. Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Crime grade is D 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: 0.73% ✗
• Cap rate: 4.91%
• Cash-on-cash: -4.94%
• DSCR: 0.78
• GRM: 11.4

CMA / ARV

• ARV (median comp): $221,571
• List price: $180,000
• Delta: -18.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -27.5%
• Equity multiple: 0.08×
• Total profit: $-46,542
• Equity at exit: $26,839

10-year hold

• IRR: -25.6%
• Equity multiple: -0.24×
• Total profit: $-62,732
• Equity at exit: $15,563

Cash invested: $50,400 (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 70520

• Home prices YoY: -17.6%
• Active inventory: 280
• Price-to-rent: 11.4×

Monthly cashflow live

• Estimated rent: $1,312 medium
• Mortgage (P&I): −$944
• Tax est. 1.5%: −$225 /mo · $2,700/yr
• Insurance: −$75
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $-274

Break-even live

Break-even rent $1,659

Max offer price $140,389

Occupancy floor —

Sensitivity live

Price	-10% $-149	-5% $-212	+0% $-274	+5% $-336	+10% $-398
Rent	-10% $-377	-5% $-326	+0% $-274	+5% $-222	+10% $-170
Rate	-1.0pp $-183	-0.5pp $-228	base $-274	+0.5pp $-320	+1.0pp $-368

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $180,000 Active 83 DOM
2. 2026-06-17
   days on market $180,000 Active 82 DOM
3. 2026-06-16
   days on market $180,000 Active 81 DOM
4. 2026-06-15
   days on market $180,000 Active 80 DOM
5. 2026-06-14
   days on market $180,000 Active 78 DOM
6. 2026-06-13
   days on market $180,000 Active 77 DOM
7. 2026-06-10
   days on market $180,000 Active 75 DOM
8. 2026-06-09
   days on market $180,000 Active 74 DOM
9. 2026-06-08
   days on market $180,000 Active 73 DOM
10. 2026-06-07
    pricedays on market $180,000 Active 72 DOM
11. 2026-06-05
    days on market $185,000 Active 69 DOM
12. 2026-06-03
    days on market $185,000 Active 68 DOM
13. 2026-06-02
    days on market $185,000 Active 67 DOM
14. 2026-06-01
    days on market $185,000 Active 66 DOM
15. 2026-05-31
    days on market $185,000 Active 65 DOM
16. 2026-05-30
    days on market $185,000 Active 64 DOM
17. 2026-04-21
    price $185,000 397-char remark

    Show marketing remark (397 chars)

    Corner lot home with 2 separate driveways, this home has lots of storage, double garage, covered boat storage & a 28 x 24 workshop. This home is located in city limits of Carencro & is close to schools & shopping. Electrical panel recently updated & Roof approx 9 years old. Home could use a little remodeling, but has great bones and lots of room for those extra Big boy toys!

18. 2026-03-27
    listed $190,000 Active 397-char remark

    Show marketing remark (397 chars)

    Corner lot home with 2 separate driveways, this home has lots of storage, double garage, covered boat storage & a 28 x 24 workshop. This home is located in city limits of Carencro & is close to schools & shopping. Electrical panel recently updated & Roof approx 9 years old. Home could use a little remodeling, but has great bones and lots of room for those extra Big boy toys!

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

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,747
• − Mortgage interest: −$10,083
• − Property taxes: −$2,700
• − Insurance: −$1,697
• − Repairs & maintenance: −$1,260
• − Management: −$1,260
• − Depreciation: −$5,236
• Taxable loss: −$6,489
• Est. tax savings @ 24.0%: +$1,557
• After-tax cash flow: $-1,727/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 — Carencro

• Score: 69/100
• State rank: #65
• US rank: #8277

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Carencro, LA
• City population: 20,134
• Population (ZIP): 20,134

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 0.56)
• Race & ethnicity: White 58% Black 32% Two or more races 5% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 13% Scotch-Irish 2% Italian 1%
• Foreign-born: 2% · Canada
• Languages at home: 92% English-only · French/Haitian/Cajun 5% Spanish 1% Other Indo-European 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: ▼ -33.62%
• Current HPI: 157.0194
• Rent YoY: —
• Metro: —
• 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

-2.6% since first listed

2 events — show timeline

• 2026-04-21 Price Changed $185,000 AcadianaMLS
• 2026-03-27 Listed $190,000 AcadianaMLS

Property tax history

+0.4%/yr

Latest (2025): $179 · -1.3% YoY. Source: county tax records.