274 Credeur Rd · Pineville, LA 71360

$109,000

3 bd · 2.0 ba · 2,266 sqft · Manufactured public records · 106 Days on market

Built 2000 2.03 ac lot ↓ 16% since listing

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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 +27.9/30.0
• DSCR +9.9/10.0
• 1% rule +7.6/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Newly spruced up 2000 model mobile home in a desirable area of Pineville at the corner of Credeur and Gunter Rd. Enjoy country living on 2 acres in this well-kept and affordable 3 bedroom, 2 bath home with an aluminum shed and ramp decking. Enter the living area with wood-burning fireplace and be impressed with the open floorplan and convenient layout. The hall bedrooms have been freshly painted and have new carpet, and the hall bathroom has a new vanity. Updated vinyl flooring in hall and hall bathroom. Aluminum storage shed, Ecobee thermostat, refrigerator and all appliances to remain. Roof replaced 2020, Porch with ramp replaced 2022, HVAC replaced 2020. Home has been moved more than once. Will qualify for cash sale or in-house lender financing. May qualify for VA mortgage. Seller to concede funds for kitchen floor replacement with acceptable offer. See agent remarks.

Key facts

• Aluminum shed
• New vanity
• New carpet

Tags

• 2 ACRES
• WOOD-BURNING FIREPLACE
• OPEN FLOORPLAN
• ALUMINUM SHED
• NEW CARPET
• NEW VANITY

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $109k.

Deal economics

• At list price, monthly cash flow is $210 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $109k).
• Recommended offer: $99k (9.0% below list) — sets the bar for market timing.
• Cap rate 10.0% vs local median 4.3% in Pineville — 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 73/100 on livability (#38 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime D-, amenities F.
• Rapides Parish (urban): math 29% / reading 44% proficiency, ranked #31 of 98 in LA (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 239 active listings in the ZIP; 239 units permitted in Rapides Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Rapides County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 106 days — a 9% lower offer ($99k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 96% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,190 (9.0% below list)

Questions for the listing agent

1. It's been on market 106 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.26% ✓
• Cap rate: 9.98%
• Cash-on-cash: 13.16%
• DSCR: 1.59
• GRM: 6.6

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: -3.7%
• Equity multiple: 0.86×
• Total profit: $-4,218
• Equity at exit: $16,252

10-year hold

• IRR: 6.1%
• Equity multiple: 1.46×
• Total profit: $13,909
• Equity at exit: $9,424

Cash invested: $30,520 (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 71360

• Home prices YoY: -26.9%
• Active inventory: 239
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,377 medium
• Mortgage (P&I): −$572
• Tax est. 1.5%: −$136 /mo · $1,635/yr
• Insurance: −$45
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$289
• Net cashflow: $210

Break-even live

Break-even rent $1,112

Max offer price $109,000

Occupancy floor 80%

Sensitivity live

Price	-10% $285	-5% $247	+0% $210	+5% $172	+10% $134
Rent	-10% $101	-5% $155	+0% $210	+5% $264	+10% $318
Rate	-1.0pp $264	-0.5pp $237	base $210	+0.5pp $181	+1.0pp $153

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-06-07
   statusdays on market $109,000 Pending 106 DOM
2. 2026-06-03
   days on market $109,000 Active 102 DOM
3. 2026-06-02
   days on market $109,000 Active 101 DOM
4. 2026-06-01
   days on market $109,000 Active 100 DOM
5. 2026-05-31
   days on market $109,000 Active 99 DOM
6. 2026-05-30
   days on market $109,000 Active 98 DOM
7. 2026-04-02
   price $109,000 883-char remark

   Show marketing remark (883 chars)

   Newly spruced up 2000 model mobile home in a desirable area of Pineville at the corner of Credeur and Gunter Rd. Enjoy country living on 2 acres in this well-kept and affordable 3 bedroom, 2 bath home with an aluminum shed and ramp decking. Enter the living area with wood-burning fireplace and be impressed with the open floorplan and convenient layout. The hall bedrooms have been freshly painted and have new carpet, and the hall bathroom has a new vanity. Updated vinyl flooring in hall and hall bathroom. Aluminum storage shed, Ecobee thermostat, refrigerator and all appliances to remain. Roof replaced 2020, Porch with ramp replaced 2022, HVAC replaced 2020. Home has been moved more than once. Will qualify for cash sale or in-house lender financing. May qualify for VA mortgage. Seller to concede funds for kitchen floor replacement with acceptable offer. See agent remarks.

8. 2026-03-11
   price $120,000 883-char remark

   Show marketing remark (883 chars)

   Newly spruced up 2000 model mobile home in a desirable area of Pineville at the corner of Credeur and Gunter Rd. Enjoy country living on 2 acres in this well-kept and affordable 3 bedroom, 2 bath home with an aluminum shed and ramp decking. Enter the living area with wood-burning fireplace and be impressed with the open floorplan and convenient layout. The hall bedrooms have been freshly painted and have new carpet, and the hall bathroom has a new vanity. Updated vinyl flooring in hall and hall bathroom. Aluminum storage shed, Ecobee thermostat, refrigerator and all appliances to remain. Roof replaced 2020, Porch with ramp replaced 2022, HVAC replaced 2020. Home has been moved more than once. Will qualify for cash sale or in-house lender financing. May qualify for VA mortgage. Seller to concede funds for kitchen floor replacement with acceptable offer. See agent remarks.

9. 2026-02-21
   listed $129,000 Active 883-char remark

   Show marketing remark (883 chars)

   Newly spruced up 2000 model mobile home in a desirable area of Pineville at the corner of Credeur and Gunter Rd. Enjoy country living on 2 acres in this well-kept and affordable 3 bedroom, 2 bath home with an aluminum shed and ramp decking. Enter the living area with wood-burning fireplace and be impressed with the open floorplan and convenient layout. The hall bedrooms have been freshly painted and have new carpet, and the hall bathroom has a new vanity. Updated vinyl flooring in hall and hall bathroom. Aluminum storage shed, Ecobee thermostat, refrigerator and all appliances to remain. Roof replaced 2020, Porch with ramp replaced 2022, HVAC replaced 2020. Home has been moved more than once. Will qualify for cash sale or in-house lender financing. May qualify for VA mortgage. Seller to concede funds for kitchen floor replacement with acceptable offer. See agent remarks.

ⓘ 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 5/10 Major FEMA zone A · 47% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 96% 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: $16,527
• − Mortgage interest: −$6,106
• − Property taxes: −$1,635
• − Insurance: −$2,048
• − Repairs & maintenance: −$1,322
• − Management: −$1,322
• − Depreciation: −$3,171
• Taxable income: $924
• Est. tax owed @ 24.0%: −$222
• After-tax cash flow: $2,293/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: Rapides Parish
• NCES district ID: 2201290
• Math proficiency: 29% ▼ -34.00%
• Reading proficiency: 44% ▼ -29.00%
• Median HH income: $41,057
• Composite: 30.68/100
• National rank: #6179
• State rank: #31 of 98 in LA

Livability — Pineville

• Score: 73/100
• State rank: #38
• US rank: #5613

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Rapides Parish · 59,791 people
• City population: 34,653
• Metro: Alexandria, LA
• Population (ZIP): 34,653
• Household income: $60,527
• Rent vs Own: 32.3% rent · 67.7% own
• Severe rent burden: 960.0

Population outlook (Rapides County) Hauer SSP2

• Today (2025): 133,047 people
• By 2030: 132,333 · -0.5%
• By 2040: 129,355 · -2.8%
• By 2050: 124,535 · -6.4%
• By 2075: 110,338 · -17.1%
• By 2100: 88,641 · -33.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 19% Two or more races 6% Hispanic / Latino 3%
• Common ancestry: Lithuanian 7% Serbian 1% Slovak 1%
• Foreign-born: 2% · China
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Rapides

• 2024 margin: Solid R (+36.8) · D 31.0% · R 67.7% · Other 1.3%
• 2008→2024 swing: -8.1pp toward R · 2008: -28.7pp · 2024: -36.8pp
• All cycles: 2024: R+36.8 2020: R+32.1 2016: R+32.5 2012: R+29.6 2008: R+28.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -74.92%
• Current HPI: 203.0411
• Rent YoY: —
• Metro: Alexandria, LA
• 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

-15.5% since first listed

3 events — show timeline

• 2026-04-02 Price Changed $109,000 AcadianaMLS
• 2026-03-11 Price Changed $120,000 AcadianaMLS
• 2026-02-21 Listed $129,000 AcadianaMLS

Property tax history

-1.6%/yr

Latest (2025): $201 · +0.8% YoY. Source: county tax records.