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203 Firethorn Dr 🏗️ New Construction
F Composite 31.95
Why this score? — see what drove the F 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 +7.5/15.0
  • Schools +5.7/10.0
  • Cash flow +5.5/30.0
  • Condition / age +5.0/5.0
  • Livability +3.9/5.0
  • Rent growth +2.9/5.0
  • 1% rule +1.5/10.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$239,900

203 Firethorn Dr · Youngsville, LA 70592
2 bd · 2.5 ba · 1,326 sqft · SingleFamily · 171 Days on market
Built 2024 Excellent condition $100/mo HOA · 6% of rent

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

Listing remarks

Discover Your Dream Home!Welcome to this beautifully furnished 2-bedroom, 2.5-bathroom residence, perfectly situated in a prime location. This home offers everything you need for comfortable living, all within easy reach. Key Features: Convenience at Your Doorstep: Enjoy proximity to shopping centers, restaurants, pharmacies, and urgent care facilities, ensuring all your daily needs are met. Educational Opportunities: Located near reputable schools, making it an ideal choice for families. Entertainment Galore: Explore a variety of entertainment options, including a nearby sports complex and attractions that cater to all ages.

Key facts

  • Prime location
  • Parking
  • Built 2024

Tags

PRIME LOCATIONPROXIMITY TO SHOPPING CENTERSPROXIMITY TO RESTAURANTSPROXIMITY TO PHARMACIESNEAR REPUTABLE SCHOOLSNEARBY SPORTS COMPLEX

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…
🏗️ New construction. The $239,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $278,145.

What this means for you Summary

Snapshot

  • This is a 2-bed/2.5-bath single-family listed at $240k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-597 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $192k (20.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $180k (24.8% below list).
  • Recommended offer: $180k (24.8% below list) — sets the bar for 1% rule.
  • Cap rate 3.7% vs local median 4.8% in Youngsville — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 78/100 on livability (#8 in LA, #2,614 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, health & safety A+; Watch: amenities F, commute 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: Ernest Gallet Elementary School (math 74% / reading 68%, grade A-, #23 of 646 statewide, top 4%, 702 students, 40% FRL); Youngsville Middle School (math 42% / reading 52%, grade D+, #37 of 218 statewide, top 18%, 646 students, 49% FRL); Southside High School (math 52% / reading 53%, grade C-, #30 of 265 statewide, top 12%, 1,910 students, 39% FRL).
  • Zoned-school proficiency averages 57% at this address vs 42% district-wide (+15 pts) — the actual schools serving this property are materially stronger than the Lafayette Parish average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+1.6%/yr); 931 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 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 $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 171 days — a 12% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
Recommended offer $180,419 (24.8% 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 171 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 A-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. 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?
  8. 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.
  9. 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.
  10. 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
0.65%
Cap rate
3.72%
Cash-on-cash
-9.20%
DSCR
0.59
GRM
12.8

CMA / ARV

ARV (median comp)
$278,145
List price
$239,900
Delta
-13.75%
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
118 Canvasback Dr 0.04mi 2/2.5 1,305 (-2%) 4mo $240,000 $184 92
122 Stonehurst Dr 0.26mi 2/2.0 1,268 (-4%) 4mo $272,000 $215 75
121 Barton Ter 0.36mi 3/2.0 (+1) 1,317 (-1%) 0mo $315,000 $239 75
102 Pettigrove Dr 0.56mi 3/2.0 (+1) 1,397 (+5%) 1mo $248,500 $178 57
135 Windermere Cir 0.64mi 3/2.0 (+1) 1,424 (+7%) 5mo $233,000 $164 47
121 Pettigrove Dr 0.61mi 3/2.0 (+1) 1,429 (+8%) 10mo $232,000 $162 44
116 Laurel Grove Blvd 0.53mi 3/2.0 (+1) 1,485 (+12%) 7mo $239,000 $161 43
109 Parker Ln 0.62mi 3/2.0 (+1) 1,499 (+13%) 3mo $268,695 $179 40
202 Parker Ln 0.64mi 3/2.0 (+1) 1,466 (+11%) 7mo $245,000 $167 40
110 Long Cay Dr 0.61mi 3/2.0 (+1) 1,499 (+13%) 11mo $280,000 $187 34
502 Oceans Blvd 0.75mi 3/2.0 (+1) 1,470 (+11%) 9mo $387,960 $264 32
204 E Weeks Dr 0.71mi 3/2.0 (+1) 1,524 (+15%) 9mo $217,500 $143 27

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 · 1.65% rent growth · sell at horizon

5-year hold
IRR
-34.2%
Equity multiple
-0.10×
Total profit
$-85,417
Equity at exit
$41,472
10-year hold
IRR
-53.2%
Equity multiple
-0.70×
Total profit
$-132,628
Equity at exit
$24,049

Cash invested: $77,881 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
36 active · 27 under contract
Months of supply
7.0 mo (14%/mo absorbed)
Median asking
$322,750 ($218/sqft)
Median days on market
164 d
This list price
11% of active listings are priced below it
ARV vs active asking
-3.7% vs current asking $/sqft

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

ZIP-level market 70592

Home prices YoY
-23.4%
Rents YoY
1.6%
Active inventory
931
Price-to-rent
11.1×

Monthly cashflow live

Estimated rent
$1,804 high interval (Pro) →
Mortgage (P&I)
$1,459
Tax est. 1.5%
$348 /mo · $4,172/yr
Insurance
$116
HOA
$100
Vacancy / Maint / Mgmt
$379
Net cashflow
$-597

Break-even live

Break-even rent $2,560
Max offer price $191,774
Occupancy floor

Sensitivity live

Price -10% $-405 -5% $-501 +0% $-597 +5% $-693 +10% $-789
Rent -10% $-739 -5% $-668 +0% $-597 +5% $-526 +10% $-454
Rate -1.0pp $-457 -0.5pp $-526 base $-597 +0.5pp $-669 +1.0pp $-742

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
$69,536
Closing costs
$8,344
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
109 Firethorn Dr Youngsville, LA 2.0 2.5 1450 $1,595 $1.10 6d 1 0.03mi
105 Firethorn Dr Youngsville, LA 2.0 2.5 1453 $1,695 $1.17 116d 1 0.03mi
119 Gadwall Dr Youngsville, LA 2.0 2.5 1453 $1,795 $1.24 139d 1 0.05mi
106 Gadwall Dr Youngsville, LA 2.0 2.5 1308 $1,900 $1.45 6d 1 0.05mi
117 Harvey Cay Ln Youngsville, LA 3.0 2.0 1499 $1,950 $1.30 139d 1 0.51mi
1931 Chemin Metairie Pkwy Youngsville, LA 1.0–3.0 1.0–2.0 1132 $1,599 $1.41 0d 44 0.52mi
115 Gaunt Ln #501 Youngsville, LA 2.0 2.5 1300 $1,895 $1.46 6d 1 0.56mi
115 Gaunt Ln #300 Youngsville, LA 2.0 2.5 1300 $1,895 $1.46 6d 1 0.56mi
115 Gaunt Ln Unit 204 Youngsville, LA 2.0 2.5 1575 $2,095 $1.33 109d 1 0.57mi
115 Gaunt Ln Youngsville, LA 2.0 1.5 1115 $1,675 $1.50 6d 1 0.58mi
805 Broyles St Unit 100 Youngsville, LA 2.0 2.5 1100 $1,895 $1.72 6d 1 0.63mi
130 Windermere Cir Youngsville, LA 3.0 2.0 1493 $5,000 $3.35 6d 1 0.63mi
201 Prescott Blvd Youngsville, LA 1.0–2.0 1.0–2.0 872 $2,036 $2.33 0d 13 0.67mi
208 E Weeks Dr Youngsville, LA 3.0 2.0 1611 $1,995 $1.24 6d 1 0.71mi
805 Broyles St Unit 102 Youngsville, LA 3.0 2.5 1600 $2,495 $1.56 139d 1 0.74mi
200 Crick Point WAY Youngsville, LA 2.0–3.0 2.0 1134 $1,750 $1.54 0d 7 0.75mi
1007 Southlake Cir Youngsville, LA 3.0 2.0 1535 $1,800 $1.17 2d 1 0.79mi
136 Kirkwood Ln Youngsville, LA 3.0 2.0 1600 $1,500 $0.94 109d 1 0.88mi
118 Village Green Dr Youngsville, LA 3.0 2.0 1410 $1,800 $1.28 109d 1 0.93mi
407 Copper Ridge Dr Youngsville, LA 3.0 2.0 1564 $2,100 $1.34 139d 1 0.93mi
127 Santa Marta Dr Youngsville, LA 3.0 2.0 1305 $1,800 $1.38 116d 1 1.13mi
110 Fourth St Youngsville, LA 3.0 2.5 1700 $1,800 $1.06 139d 1 1.46mi

Property features AI

Finance

HOA & community
Monthly association fee of $100Association covers grounds maintenanceCommunity amenities near medical facilities and shopping/mall

Exterior

Parking
Open parking
Utilities
Public sewerElectric service by SLEMCO
Home design
Single family residence / TownhouseNew constructionCity street frontage
Construction
Vinyl siding, brick, and frame constructionComposition roof
Exterior features
Wood fencingCovered patio/porchPond on propertyWalk-to waterfront

Interior

Kitchen
DishwasherDisposalElectric cooktopElectric stoveMicrowaveRefrigerator
Flooring
Concrete floorsVinyl plank flooring
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heating (electric)Central air conditioning
Interior features
High ceilingsDouble vanityKitchen islandGranite countersWindow treatments
Laundry & utility
Washer hookupElectric dryer hookup

Listing history 50 events

  1. 2026-09-24
    days on market $239,900 Active 171 DOM
  2. 2026-09-24
    days on market $239,900 Active 170 DOM
  3. 2026-09-22
    days on market $239,900 Active 169 DOM
  4. 2026-09-21
    days on market $239,900 Active 168 DOM
  5. 2026-09-20
    days on market $239,900 Active 167 DOM
  6. 2026-09-19
    days on market $239,900 Active 166 DOM
  7. 2026-09-18
    days on market $239,900 Active 165 DOM
  8. 2026-09-17
    days on market $239,900 Active 164 DOM
  9. 2026-09-16
    days on market $239,900 Active 163 DOM
  10. 2026-09-15
    days on market $239,900 Active 162 DOM
  11. 2026-09-14
    days on market $239,900 Active 161 DOM
  12. 2026-09-13
    days on market $239,900 Active 160 DOM
  13. 2026-09-12
    days on market $239,900 Active 159 DOM
  14. 2026-09-11
    days on market $239,900 Active 158 DOM
  15. 2026-09-05
    days on market $239,900 Active 152 DOM
  16. 2026-09-04
    days on market $239,900 Active 151 DOM
  17. 2026-09-03
    days on market $239,900 Active 150 DOM
  18. 2026-08-31
    days on market $239,900 Active 147 DOM
  19. 2026-08-30
    days on market $239,900 Active 146 DOM
  20. 2026-08-29
    days on market $239,900 Active 145 DOM
  21. 2026-08-28
    days on market $239,900 Active 144 DOM
  22. 2026-08-27
    days on market $239,900 Active 143 DOM
  23. 2026-08-26
    days on market $239,900 Active 142 DOM
  24. 2026-08-25
    days on market $239,900 Active 141 DOM
  25. 2026-08-24
    days on market $239,900 Active 140 DOM
  26. 2026-08-23
    days on market $239,900 Active 139 DOM
  27. 2026-08-22
    days on market $239,900 Active 138 DOM
  28. 2026-08-21
    days on market $239,900 Active 137 DOM
  29. 2026-08-20
    days on market $239,900 Active 136 DOM
  30. 2026-08-19
    days on market $239,900 Active 135 DOM
  31. 2026-08-18
    days on market $239,900 Active 134 DOM
  32. 2026-08-17
    days on market $239,900 Active 133 DOM
  33. 2026-08-16
    days on market $239,900 Active 132 DOM
  34. 2026-08-15
    days on market $239,900 Active 131 DOM
  35. 2026-08-14
    days on market $239,900 Active 130 DOM
  36. 2026-08-13
    days on market $239,900 Active 129 DOM
  37. 2026-08-12
    days on market $239,900 Active 128 DOM
  38. 2026-08-11
    days on market $239,900 Active 127 DOM
  39. 2026-08-10
    days on market $239,900 Active 126 DOM
  40. 2026-08-09
    days on market $239,900 Active 125 DOM
  41. 2026-08-08
    days on market $239,900 Active 124 DOM
  42. 2026-08-07
    days on market $239,900 Active 123 DOM
  43. 2026-08-06
    days on market $239,900 Active 122 DOM
  44. 2026-08-05
    days on market $239,900 Active 121 DOM
  45. 2026-08-04
    days on market $239,900 Active 120 DOM
  46. 2026-08-03
    days on market $239,900 Active 119 DOM
  47. 2026-07-31
    days on market $239,900 Active 116 DOM
  48. 2026-07-30
    days on market $239,900 Active 115 DOM
  49. 2026-07-29
    days on market $239,900 Active 114 DOM
  50. 2026-07-27
    days on market $239,900 Active 112 DOM

ⓘ 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
$21,650
− Mortgage interest
−$15,580
− Property taxes
−$4,172
− Insurance
−$1,391
− Repairs & maintenance
−$1,732
− Management
−$1,732
− HOA
−$1,200
− Depreciation
−$8,091
Taxable loss
−$12,249
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,940
After-tax cash flow
$-4,223/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 · 6 photos

Excellent 100/100 None rehab

This beautifully maintained single-family home is in excellent condition with no visible repairs or maintenance needed. It offers a prime location and is ready for immediate occupancy.

Value-add opportunities

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants.
  • Both Interior touch-ups — Fresh paint and minor touch-ups can improve the home's appearance and attract more potential buyers/tenants.
D Composite school gradezoned avg 57/100

Zoned Schools

Elementary Ernest Gallet Elementary School A- LA #23/646 Nat'l #3,228/41,679 Middle Youngsville Middle School D+ LA #37/218 Nat'l #4,159/14,009 High Southside High School C- LA #30/265 Nat'l #4,948/17,239

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 78/100

Livability — Youngsville

Score
78/100
State rank
#8
US rank
#2614

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Youngsville, LA
County
Lafayette Parish · 280,930 people
City population
32,167
Metro
Lafayette, LA
Population (ZIP)
32,167
Household income
$93,204
Rent vs Own
12.9% rent · 87.1% own
Severe rent burden
6% of renters

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
Predominantly White (82%)
Race & ethnicity
White 82% Black 10% Two or more races 5% Hispanic / Latino 4% Asian 1%
Common ancestry
Lithuanian 24% Romanian 3% Italian 1%
Foreign-born
3% · Canada
Languages at home
94% English-only · French/Haitian/Cajun 3% 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

Price history

1 event — show timeline
  • 2026-04-06 Listed $239,900 AcadianaMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…