9131 Highway 1 Hwy · Boyce, LA 71447

$85,000

3 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 166 Days on market

Built 2004 5.27 ac lot ↓ 48% 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 +29.1/30.0
• DSCR +10.0/10.0
• 1% rule +7.8/10.0
• ARV discount +7.5/15.0
• Appreciation +5.0/10.0
• Schools +3.1/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Over 5 acres of open land with plenty of room to roam and future expansion. Three minutes from the AI data center and less than a minute from Exit 103 off of I-49. Whether you're seeking a development opportunity, space, or country living, this property offers the acreage and flexibility you've been searching for. This investor special features an over 2,000 sq ft fixer-upper home, partially fenced acreage, and endless potential for those looking to create a private retreat or add value. WILL NOT QUALIFY FOR VA, RD, OR FHA LOANS. CASH OR CONVENTIONAL LIKELY NEEDED.

Key facts

• Open land
• Livestock
• Private retreat

Tags

• PARTIALLY FENCED ACREAGE
• PRIVATE RETREAT
• 5.27 ACRES
• OPEN LAND
• ROOM TO ROAM
• LIVESTOCK

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $85k.

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 $85k).
• Recommended offer: $75k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 56/100 on livability (#345 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+; Watch: health & safety C-, schools F, 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: 3 active listings in the ZIP; 239 units permitted in Rapides Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($588 loan paydown + $3k appreciation (3.0% local appreciation)).
• Rapides County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $24k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 10, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 166 days — a 12% lower offer ($75k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 97% 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 $74,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 166 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 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?
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: 1.28% ✓
• Cap rate: 10.44%
• Cash-on-cash: 14.82%
• DSCR: 1.66
• GRM: 6.5

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: 21.4%
• Equity multiple: 2.22×
• Total profit: $28,965
• Equity at exit: $38,220

10-year hold

• IRR: 22.5%
• Equity multiple: 4.23×
• Total profit: $76,891
• Equity at exit: $58,901

Cash invested: $23,800 (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 71447

• Active inventory: 3
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,088 medium
• Mortgage (P&I): −$446
• Tax from tax record: −$84 /mo · $1,009/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$228
• Net cashflow: $294

Break-even live

Break-even rent $716

Max offer price $85,000

Occupancy floor 68%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Listing history 4 events

1. 2026-05-11
   status Pending 571-char remark

   Show marketing remark (571 chars)

   Over 5 acres of open land with plenty of room to roam and future expansion. Three minutes from the AI data center and less than a minute from Exit 103 off of I-49. Whether you're seeking a development opportunity, space, or country living, this property offers the acreage and flexibility you've been searching for. This investor special features an over 2,000 sq ft fixer-upper home, partially fenced acreage, and endless potential for those looking to create a private retreat or add value. WILL NOT QUALIFY FOR VA, RD, OR FHA LOANS. CASH OR CONVENTIONAL LIKELY NEEDED.

2. 2026-04-09
   price $85,000 571-char remark

   Show marketing remark (571 chars)

   Over 5 acres of open land with plenty of room to roam and future expansion. Three minutes from the AI data center and less than a minute from Exit 103 off of I-49. Whether you're seeking a development opportunity, space, or country living, this property offers the acreage and flexibility you've been searching for. This investor special features an over 2,000 sq ft fixer-upper home, partially fenced acreage, and endless potential for those looking to create a private retreat or add value. WILL NOT QUALIFY FOR VA, RD, OR FHA LOANS. CASH OR CONVENTIONAL LIKELY NEEDED.

3. 2025-11-26
   listed $95,000 Active 571-char remark

   Show marketing remark (571 chars)

   Over 5 acres of open land with plenty of room to roam and future expansion. Three minutes from the AI data center and less than a minute from Exit 103 off of I-49. Whether you're seeking a development opportunity, space, or country living, this property offers the acreage and flexibility you've been searching for. This investor special features an over 2,000 sq ft fixer-upper home, partially fenced acreage, and endless potential for those looking to create a private retreat or add value. WILL NOT QUALIFY FOR VA, RD, OR FHA LOANS. CASH OR CONVENTIONAL LIKELY NEEDED.

4. 2022-06-02
   listed $162,500

ⓘ 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: $1,009 · $84/mo
• Projected year-2 tax: $1,009 · $84/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 20 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 97% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,052
• − Mortgage interest: −$4,761
• − Property taxes: −$1,009
• − Insurance: −$425
• − Repairs & maintenance: −$1,044
• − Management: −$1,044
• − Depreciation: −$2,473
• Taxable income: $2,295
• Est. tax owed @ 24.0%: −$551
• After-tax cash flow: $2,977/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 — Boyce

• Score: 56/100
• State rank: #345
• US rank: #22945

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,092

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 (81%)
• Race & ethnicity: White 81% Two or more races 10% Native American 9% Hispanic / Latino 5%
• Common ancestry: Italian 4% Lithuanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1%

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: —
• Current HPI: —
• 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

-47.7% since first listed

4 events — show timeline

• 2026-05-11 Pending — AcadianaMLS
• 2026-04-09 Price Changed $85,000 AcadianaMLS
• 2025-11-26 Listed $95,000 AcadianaMLS
• 2022-06-02 Listed $162,500 AcadianaMLS

Property tax history

+1.3%/yr

Latest (2025): $1,009 · +0.2% YoY. Source: county tax records.