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192 Sharon Dr
C Composite 59.3
Why this score? — see what drove the C 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 +24.4/30.0
  • DSCR +7.9/10.0
  • ARV discount +7.5/15.0
  • 1% rule +5.3/10.0
  • Rent growth +4.9/5.0
  • Schools +3.6/10.0
  • Livability +3.2/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$168,500

192 Sharon Dr · Rosepine, LA 71446
3 bd · 2.0 ba · 1,810 sqft · Manufactured · 176 Days on market
Built 1980 1.25 ac lot

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

Listing remarks MLS

WELCOME HOME!! Welcome to 192 Sharon Dr.; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

Key facts

  • Ample cabinetry
  • Covered patio
  • Storage buildings

Tags

SPACIOUS LIVING ROOMNICE SIZE DINING AREAAMPLE CABINETRYFLEX ROOMCOVERED PATIOSTORAGE BUILDINGS

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 manufactured listed at $168k.

Deal economics

  • At list price, monthly cash flow is $342 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $168k).
  • Recommended offer: $148k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 64/100 on livability (#180 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: amenities F, commute F, employment D-.
  • Vernon Parish (rural): math 35% / reading 51% proficiency, ranked #18 of 98 in LA (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+9.6%/yr); 210 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 26 units permitted in Vernon Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($56k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Vernon County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $47k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 176 days — a 12% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
  • 3 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.
  • Current owner paid $79k; list at $168k implies a 113% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $148,280 (12.0% below list)

Questions for the listing agent

  1. It's been on market 176 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
1.03%
Cap rate
8.73%
Cash-on-cash
8.70%
DSCR
1.39
GRM
8.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
1.9%
Equity multiple
1.08×
Total profit
$3,591
Equity at exit
$25,124
10-year hold
IRR
15.6%
Equity multiple
2.54×
Total profit
$72,652
Equity at exit
$14,569

Cash invested: $47,180 (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 71446

Home prices YoY
-32.1%
Rents YoY
9.6%
Active inventory
210
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,734 medium interval (Pro) →
Mortgage (P&I)
$884
Tax from tax record
$74 /mo · $884/yr
Insurance
$70
HOA
$0
Vacancy / Maint / Mgmt
$364
Net cashflow
$342

Break-even live

Break-even rent $1,301
Max offer price $168,500
Occupancy floor 75%

Sensitivity live

Price -10% $438 -5% $390 +0% $342 +5% $294 +10% $247
Rent -10% $205 -5% $274 +0% $342 +5% $411 +10% $479
Rate -1.0pp $427 -0.5pp $385 base $342 +0.5pp $298 +1.0pp $254

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
$42,125
Closing costs
$5,055
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1742 Byron Dr Deridder, LA 3.0 2.0 1500 $1,400 $0.93 44d 1 1.11mi
1595 Louisiana Ave Deridder, LA 4.0 2.0 1997 $1,795 $0.90 44d 1 1.13mi

Listing history 20 events

  1. 2026-06-09
    days on market $168,500 Active 176 DOM
  2. 2026-06-08
    days on market $168,500 Active 175 DOM
  3. 2026-06-07
    days on market $168,500 Active 174 DOM
  4. 2026-06-07
    days on market $168,500 Active 173 DOM
  5. 2026-06-04
    days on market $168,500 Active 170 DOM
  6. 2026-06-02
    days on market $168,500 Active 169 DOM
  7. 2026-06-01
    days on market $168,500 Active 168 DOM
  8. 2026-05-31
    days on market $168,500 Active 167 DOM
  9. 2026-05-31
    days on market $168,500 Active 166 DOM
  10. 2026-03-02
    price $168,500 652-char remark
    Show marketing remark (657 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr. ; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  11. 2026-03-02
    price $168,500 657-char remark
    Show marketing remark (657 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr. ; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  12. 2026-03-02
    price $168,500
    Show marketing remark (657 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr. ; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  13. 2026-01-12
    price $170,000 652-char remark
    Show marketing remark (657 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr. ; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  14. 2026-01-12
    price $170,000 657-char remark
    Show marketing remark (657 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr. ; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  15. 2026-01-12
    price $170,000
    Show marketing remark (657 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr. ; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  16. 2025-12-15
    listed $175,000 Active 657-char remark
    Show marketing remark (652 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr.; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  17. 2025-12-15
    listed $175,000 Active 652-char remark
    Show marketing remark (652 chars)

    WELCOME HOME!! Welcome to 192 Sharon Dr.; conveniently located; STOP! take a look this 3 bedroom & 2 bath home offers a spacious living room, nice size dining area, the kitchen gives ample cabinetry & storage space for the chef in the family; a flex room that can be used as a 4th bedroom; you will also find a generously sized living room, providing ample room for entertaining or enjoying a quiet evening, extra storage space and easy access to your vehicle. Outdoors you will find a covered patio, perfect to enjoy the mornings or evenings. a storage buildings with plenty of storage; Don't hesitate call your realtor today for your showing!

  18. 2025-12-12
    listed $175,000 Active
  19. 2014-12-05
    soldstatus $79,000
  20. 2003-12-04
    soldstatus

ⓘ 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
$884 · $74/mo
Projected year-2 tax
$927 · $77/mo
Expected delta
+$43/yr (+$4/mo · 4.9%)

ⓘ 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 5/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,805
− Mortgage interest
−$9,439
− Property taxes
−$884
− Insurance
−$842
− Repairs & maintenance
−$1,664
− Management
−$1,664
− Depreciation
−$4,902
Taxable income
$1,409
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$338
After-tax cash flow
$3,768/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
Vernon Parish
NCES district ID
2201830
Math proficiency
35% ▼ -42.00%
Reading proficiency
51% ▼ -32.00%
Median HH income
$44,822
Composite
36.42/100
National rank
#4674
State rank
#18 of 98 in LA

Livability — Rosepine

Score
64/100
State rank
#180
US rank
#14736

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rosepine, LA
County
Vernon Parish · 21,275 people
City population
21,275
Metro
Fort Polk South, LA
Population (ZIP)
21,275
Household income
$55,925
Rent vs Own
37.0% rent · 63.0% own
Severe rent burden
659.0

Population outlook (Vernon County) Hauer SSP2

Today (2025)
45,401 people
By 2030
43,015 · -5.3%
By 2040
38,171 · -15.9%
By 2050
34,087 · -24.9%
By 2075
28,267 · -37.7%
By 2100
25,486 · -43.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (72%)
Race & ethnicity
White 72% Black 16% Hispanic / Latino 6% Two or more races 5% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 3% Puerto Rican 1%
Common ancestry
Lithuanian 3% Slovak 1% Romanian 1%
Foreign-born
3% · Canada, South Korea, Vietnam
Languages at home
94% English-only · Spanish 3% French/Haitian/Cajun 1%

Political lean MEDSL · Vernon

2024 margin
Solid R (+67.9) · D 15.6% · R 83.4% · Other 1.0%
2008→2024 swing
-14.5pp toward R · 2008: -53.4pp · 2024: -67.9pp
All cycles
2024: R+67.9 2020: R+64.9 2016: R+65.0 2012: R+57.5 2008: R+53.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -61.06%
Current HPI
128.8849
Rent YoY
▲ 9.60%
Metro
Fort Polk South, LA
State GDP YoY
▲ 3.29%
F500 in state
10

Industry mix (Fortune 500 HQ in LA)

Industry F500 HQs Revenue

Price history

+113.3% since first listed
11 events — show timeline
  • 2026-03-02 Price Changed $168,500 AcadianaMLS
  • 2026-03-02 Price Changed $168,500 SWLAR
  • 2026-03-02 Price Changed $168,500 GFPAR
  • 2026-01-12 Price Changed $170,000 AcadianaMLS
  • 2026-01-12 Price Changed $170,000 SWLAR
  • 2026-01-12 Price Changed $170,000 GFPAR
  • 2025-12-15 Listed $175,000 SWLAR
  • 2025-12-15 Listed $175,000 AcadianaMLS
  • 2025-12-12 Listed $175,000 GFPAR
  • 2014-12-05 Sold (Public Records) $79,000 Public Records
  • 2003-12-04 Sold (Public Records) Public Records

Property tax history

+27.7%/yr

Latest (2025): $884 · +0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…