120 Carroll Rd · Winnsboro, LA 71295

$109,500

2 bd · 2.0 ba · 1,345 sqft · SingleFamily · 51 Days on market

1.50 ac lot $81/sqft · 19% below area Est $135k · 19% under ↓ 5% since listing

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Why this score? — see what drove the B 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

Key facts

• Metal roof
• Front porch
• Generous dining room

Tags

• CEDAR EXTERIOR
• METAL ROOF
• FRONT PORCH
• BRICK PAVED PATIO
• LARGE KITCHEN
• GENEROUS DINING ROOM

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $929 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $106k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 59/100 on livability (#278 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: health & safety D, schools F, crime D-.
• Franklin Parish (rural): math 14% / reading 22% proficiency, ranked #71 of 98 in LA (top 72%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 78% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 44 active listings in the ZIP; 17 units permitted in Franklin Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $757 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Franklin County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 51 days — a 3% lower offer ($106k) 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.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% 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 $106,215 (3.0% below list)

Questions for the listing agent

1. It's been on market 51 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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?
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: 1.95% ✓
• Cap rate: 16.47%
• Cash-on-cash: 36.35%
• DSCR: 2.62
• GRM: 4.3

CMA / ARV

• ARV (median comp): $134,990
• List price: $109,500
• Delta: -18.88%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 32.1%
• Equity multiple: 2.35×
• Total profit: $41,441
• Equity at exit: $16,327

10-year hold

• IRR: 39.2%
• Equity multiple: 4.67×
• Total profit: $112,385
• Equity at exit: $9,468

Cash invested: $30,660 (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 71295

• Home prices YoY: -20.6%
• Active inventory: 44
• Price-to-rent: 4.3×

Monthly cashflow live

• Estimated rent: $2,134 medium
• Mortgage (P&I): −$574
• Tax est. 1.5%: −$137 /mo · $1,642/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$448
• Net cashflow: $929

Break-even live

Break-even rent $958

Max offer price $109,500

Occupancy floor 51%

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: $27,375
• Closing costs: $3,285
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-18
   days on market $109,500 Active 51 DOM
2. 2026-06-17
   days on market $109,500 Active 50 DOM
3. 2026-06-16
   days on market $109,500 Active 49 DOM
4. 2026-06-15
   days on market $109,500 Active 48 DOM
5. 2026-06-13
   days on market $109,500 Active 46 DOM
6. 2026-06-12
   days on market $109,500 Active 45 DOM
7. 2026-06-09
   days on market $109,500 Active 42 DOM
8. 2026-06-08
   days on market $109,500 Active 41 DOM
9. 2026-06-07
   days on market $109,500 Active 40 DOM
10. 2026-06-07
    days on market $109,500 Active 39 DOM
11. 2026-06-04
    days on market $109,500 Active 36 DOM
12. 2026-06-02
    days on market $109,500 Active 35 DOM
13. 2026-06-01
    days on market $109,500 Active 34 DOM
14. 2026-05-31
    days on market $109,500 Active 33 DOM
15. 2026-05-31
    days on market $109,500 Active 32 DOM
16. 2026-05-14
    status Active 1497-char remark

    Show marketing remark (1497 chars)

    Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

17. 2026-05-14
    price $109,500 1497-char remark

    Show marketing remark (1497 chars)

    Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

18. 2026-05-11
    status Pending 1497-char remark

    Show marketing remark (1497 chars)

    Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

19. 2026-05-01
    status Active 1497-char remark

    Show marketing remark (1497 chars)

    Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

20. 2026-04-14
    status Pending 1497-char remark

    Show marketing remark (1497 chars)

    Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

21. 2026-04-08
    listed $115,000 Active 1497-char remark

    Show marketing remark (1497 chars)

    Welcome to your own slice of peaceful country living in Winnsboro, Louisiana! This adorable 2-bedroom, 2-bath home sits on 1.5 beautiful acres and is being offered fully furnished—right down to the dishes, linens, and décor. Just bring your suitcase and start enjoying life from day one. From the moment you arrive, you’ll fall in love with the charm of the cedar exterior, metal roof, and inviting front porch complete with a swing—perfect for slow mornings and quiet evenings. Out back, a brick-paved patio creates the ideal spot for relaxing or entertaining under the open sky. Inside, the home offers a spacious and functional layout with a large kitchen, generous dining or family room, and an additional den tucked away for extra living space. The split floor plan provides privacy, while the oversized mudroom adds valuable storage and everyday convenience. This home has been lovingly maintained and comes fully equipped with all appliances—including washer & dryer—plus window units and space heaters for comfort year-round. Outside, you’ll find a carport shed, storage building, and plenty of room to create your dream garden or simply enjoy the peaceful surroundings. Whether you’re looking to downsize, simplify, or find a move-in-ready retreat, this property checks all the boxes. Easy living. Peaceful setting. Fully furnished convenience. Opportunities like this don’t come around often—schedule your showing today!

22. 2015-12-18
    soldstatus

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥112°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $25,602
• − Mortgage interest: −$6,134
• − Property taxes: −$1,642
• − Insurance: −$548
• − Repairs & maintenance: −$2,048
• − Management: −$2,048
• − Depreciation: −$3,185
• Taxable income: $9,997
• Est. tax owed @ 24.0%: −$2,399
• After-tax cash flow: $8,746/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: Franklin Parish
• NCES district ID: 2200660
• Math proficiency: 14% ▼ -42.00%
• Reading proficiency: 22% ▼ -35.00%
• Median HH income: $32,403
• Composite: 14.55/100
• National rank: #9416
• State rank: #71 of 98 in LA

Livability — Winnsboro

• Score: 59/100
• State rank: #278
• US rank: #20151

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 14,008

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 19,537 people
• By 2030: 18,985 · -2.8%
• By 2040: 17,886 · -8.5%
• By 2050: 16,828 · -13.9%
• By 2075: 14,273 · -26.9%
• By 2100: 11,435 · -41.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (61%)
• Race & ethnicity: White 61% Black 33% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 0%
• Languages at home: 96% English-only · Spanish 2% French/Haitian/Cajun 1%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+49.2) · D 25.0% · R 74.2%
• 2008→2024 swing: -13.7pp toward R · 2008: -35.5pp · 2024: -49.2pp
• All cycles: 2024: R+49.2 2020: R+44.4 2016: R+43.8 2012: R+36.1 2008: R+35.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -35.67%
• Current HPI: 137.0883
• 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

-4.8% since first listed

7 events — show timeline

• 2026-05-14 Relisted — NELABOR
• 2026-05-14 Price Changed $109,500 NELABOR
• 2026-05-11 Pending — NELABOR
• 2026-05-01 Relisted — NELABOR
• 2026-04-14 Pending — NELABOR
• 2026-04-08 Listed $115,000 NELABOR
• 2015-12-18 Sold (Public Records) — Public Records

Property tax history

+3.9%/yr

Latest (2025): $203 · +0.1% YoY. Source: county tax records.