1358 La-758 · Eunice, LA 70535

$137,500

5 bd · 2.0 ba · 2,340 sqft · Manufactured · 41 Days on market

Built 2003 4.90 ac lot

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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 +24.9/30.0
• DSCR +8.1/10.0
• ARV discount +7.5/15.0
• 1% rule +5.1/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Nestled on 4.94 secluded acres, this 5- bedroom manufactured home offers privacy, peaceful surroundings, and plenty of potential. The front portion of the property is cleared, while the remainder is beautifully wooded with trails already cut through for nature lovers to enjoy. The home has had some recent updates but is still in need of a few additional improvements and is being sold in AS IS condition. Legal right of way to the property is in place. If you are looking for acreage, privacy and the opportunity to make a property your own, this one is worth a look!

Key facts

• Legal right of way
• Wooded trails
• Cleared property

Tags

• SECLUDED ACRES
• CLEARED PROPERTY
• WOODED TRAILS
• LEGAL RIGHT OF WAY

Property features AI

Finance

• HOA & community: Acreage

Exterior

• Parking: Open parking
• Utilities: Electric service: SLEMCO
• Home design: Manufactured home; Property listed as fixer; Frontage on private and state road
• Construction: Vinyl siding and frame construction; Composition roof
• Exterior features: Outdoor lighting; Covered patio/porch; Deck; Shed(s)

Interior

• Kitchen: Dishwasher; Electric stove/oven
• Flooring: Vinyl; Wood laminate
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Window air conditioning units
• Interior features: Kitchen island; Separate shower; Standalone tub; Vaulted ceilings; Walk-in closets; Formica counters; Fireplace (1)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath manufactured listed at $138k.

Deal economics

• At list price, monthly cash flow is $294 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $138k).
• Recommended offer: $133k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.9% vs local median 4.4% in Eunice — 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 69/100 on livability (#69 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• St. Landry Parish (town): math 20% / reading 33% proficiency, ranked #54 of 98 in LA (top 55%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Eunice Junior High School (math 28% / reading 44%, grade F, #84 of 218 statewide, top 41%, 344 students, 74% FRL); Eunice High School (math 37% / reading 42%, grade F, #80 of 265 statewide, top 32%, 650 students, 58% FRL).
• Market conditions: 105 active listings in the ZIP; 142 units permitted in St. Landry Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $951 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• St. Landry County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($133k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• 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 $133,375 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.01% ✓
• Cap rate: 8.86%
• Cash-on-cash: 9.17%
• DSCR: 1.41
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -2.5%
• Equity multiple: 0.91×
• Total profit: $-3,608
• Equity at exit: $20,502

10-year hold

• IRR: 7.2%
• Equity multiple: 1.54×
• Total profit: $20,712
• Equity at exit: $11,888

Cash invested: $38,500 (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 70535

• Home prices YoY: -32.2%
• Active inventory: 105
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,392 medium
• Mortgage (P&I): −$721
• Tax from tax record: −$27 /mo · $321/yr
• Insurance: −$57
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $294

Break-even live

Break-even rent $1,019

Max offer price $137,500

Occupancy floor 74%

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: $34,375
• Closing costs: $4,125
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $137,500 Active 41 DOM
2. 2026-06-17
   days on market $137,500 Active 40 DOM
3. 2026-06-16
   days on market $137,500 Active 39 DOM
4. 2026-06-15
   days on market $137,500 Active 38 DOM
5. 2026-06-13
   days on market $137,500 Active 36 DOM
6. 2026-06-12
   days on market $137,500 Active 35 DOM
7. 2026-06-09
   days on market $137,500 Active 32 DOM
8. 2026-06-08
   days on market $137,500 Active 31 DOM
9. 2026-06-07
   days on market $137,500 Active 30 DOM
10. 2026-06-07
    days on market $137,500 Active 29 DOM
11. 2026-06-04
    days on market $137,500 Active 26 DOM
12. 2026-06-02
    days on market $137,500 Active 25 DOM
13. 2026-06-01
    days on market $137,500 Active 24 DOM
14. 2026-05-31
    days on market $137,500 Active 23 DOM
15. 2026-05-31
    days on market $137,500 Active 22 DOM
16. 2026-05-08
    listed $137,500 Active 571-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: $321 · $27/mo
• Projected year-2 tax: $756 · $63/mo
• Expected delta: +$435/yr (+$36/mo · 135.6%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥112°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

Taxation est. · year 1

• Rental income: $16,699
• − Mortgage interest: −$7,702
• − Property taxes: −$321
• − Insurance: −$688
• − Repairs & maintenance: −$1,336
• − Management: −$1,336
• − Depreciation: −$4,000
• Taxable income: $1,317
• Est. tax owed @ 24.0%: −$316
• After-tax cash flow: $3,215/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: St. Landry Parish
• NCES district ID: 2201560
• Math proficiency: 20% ▼ -43.00%
• Reading proficiency: 33% ▼ -35.00%
• Median HH income: $32,635
• Composite: 21.59/100
• National rank: #8303
• State rank: #54 of 98 in LA

Livability — Eunice

• Score: 69/100
• State rank: #69
• US rank: #8447

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 17,813

Population outlook (St. Landry County) Hauer SSP2

• Today (2025): 83,114 people
• By 2030: 82,110 · -1.2%
• By 2040: 79,445 · -4.4%
• By 2050: 75,855 · -8.7%
• By 2075: 65,684 · -21.0%
• By 2100: 51,739 · -37.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Black 25% Two or more races 5% Hispanic / Latino 4%
• Common ancestry: Lithuanian 14% Italian 1%
• Foreign-born: 1% · Canada
• Languages at home: 92% English-only · French/Haitian/Cajun 6% Spanish 2%

Political lean MEDSL · St. Landry

• 2024 margin: R (+18.8) · D 40.0% · R 58.9% · Other 1.1%
• 2008→2024 swing: -15.6pp toward R · 2008: -3.2pp · 2024: -18.8pp
• All cycles: 2024: R+18.8 2020: R+14.1 2016: R+11.9 2012: R+4.3 2008: R+3.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -53.63%
• Current HPI: 112.8329
• 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

1 event — show timeline

• 2026-05-08 Listed $137,500 AcadianaMLS

Property tax history

+0.3%/yr

Latest (2025): $321 · +0.0% YoY. Source: county tax records.