198 Elengton Rd · Longville, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 7/10 · Major
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 8/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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 +23.9/30.0
- DSCR +7.7/10.0
- ARV discount +7.5/15.0
- 1% rule +5.3/10.0
- Condition / age +4.8/5.0
- Schools +3.0/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Appreciation +0.0/10.0
$134,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Take a look at this deal! This 2022 Champion mobile home is like-new and sits on a nice 3-acre tract of land in the DeRidder area. You can enjoy both privacy and space. The split floor plan offers 3 bedrooms and 2 full bathrooms. The master bath features a large relaxing soaking tub, double vanities and a spacious walk in shower. This home is move-in ready, priced right and waiting on it's new owners. Don't miss your chance to own land and a beautiful home all in one package. Ask about Seller financing options and incentives.
Key facts
- 3 acre lot
- Built 2022
- Listed 143 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $135k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $263 ($3k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $135k).
- Recommended offer: $119k (12.0% below list) — sets the bar for market timing.
- Cap rate 8.6% vs local median 2.2% in Longville — 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 50/100 on livability (#430 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A, schools B; Watch: amenities F, commute F, employment F.
- Beauregard Parish (rural): math 30% / reading 41% proficiency, ranked #32 of 98 in LA (top 33%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 243 active listings in the ZIP; 83 units permitted in Beauregard Parish in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
Negotiation context
- It's been on market 143 days — a 12% lower offer ($119k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 143 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 8.63%
- Cash-on-cash
- 8.34%
- DSCR
- 1.37
- GRM
- 8.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -3.7%
- Equity multiple
- 0.86×
- Total profit
- $-5,177
- Equity at exit
- $20,114
- IRR
- 6.0%
- Equity multiple
- 1.45×
- Total profit
- $16,857
- Equity at exit
- $11,664
Cash invested: $37,772 (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
ZIP-level market 70634
- Home prices YoY
- -30.6%
- Active inventory
- 243
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,383 medium interval (Pro) →
- Mortgage (P&I)
- −$707
- Tax from tax record
- −$66 /mo · $795/yr
- Insurance
- −$56
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$290
- Net cashflow
- $263
Break-even live
Sensitivity live
| Price | -10% $339 | -5% $301 | +0% $263 | +5% $224 | +10% $186 |
|---|---|---|---|---|---|
| Rent | -10% $153 | -5% $208 | +0% $263 | +5% $317 | +10% $372 |
| Rate | -1.0pp $331 | -0.5pp $297 | base $263 | +0.5pp $228 | +1.0pp $192 |
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
- $33,725
- Closing costs
- $4,047
- 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.
Listing history 19 events
-
2026-06-21days on market $134,900 Active 143 DOM
-
2026-06-19days on market $134,900 Active 141 DOM
-
2026-06-18days on market $134,900 Active 140 DOM
-
2026-06-17days on market $134,900 Active 139 DOM
-
2026-06-16days on market $134,900 Active 138 DOM
-
2026-06-15days on market $134,900 Active 137 DOM
-
2026-06-14days on market $134,900 Active 135 DOM
-
2026-06-13days on market $134,900 Active 134 DOM
-
2026-06-10days on market $134,900 Active 132 DOM
-
2026-06-09days on market $134,900 Active 131 DOM
-
2026-06-08days on market $134,900 Active 130 DOM
-
2026-06-07days on market $134,900 Active 129 DOM
-
2026-06-03days on market $134,900 Active 125 DOM
-
2026-06-02days on market $134,900 Active 124 DOM
-
2026-06-01days on market $134,900 Active 123 DOM
-
2026-05-31days on market $134,900 Active 122 DOM
-
2026-05-30days on market $134,900 Active 121 DOM
-
2026-04-13price $134,900 532-char remark
Show marketing remark (532 chars)
Take a look at this deal! This 2022 Champion mobile home is like-new and sits on a nice 3-acre tract of land in the DeRidder area. You can enjoy both privacy and space. The split floor plan offers 3 bedrooms and 2 full bathrooms. The master bath features a large relaxing soaking tub, double vanities and a spacious walk in shower. This home is move-in ready, priced right and waiting on it's new owners. Don't miss your chance to own land and a beautiful home all in one package. Ask about Seller financing options and incentives.
-
2026-01-29$139,900 Active 532-char remark
Show marketing remark (532 chars)
Take a look at this deal! This 2022 Champion mobile home is like-new and sits on a nice 3-acre tract of land in the DeRidder area. You can enjoy both privacy and space. The split floor plan offers 3 bedrooms and 2 full bathrooms. The master bath features a large relaxing soaking tub, double vanities and a spacious walk in shower. This home is move-in ready, priced right and waiting on it's new owners. Don't miss your chance to own land and a beautiful home all in one package. Ask about Seller financing options and incentives.
ⓘ 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
- $795 · $66/mo
- Projected year-2 tax
- $795 · $66/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 (unshaded) · 0% chance over 30 yrs
- Wildfire 7/10 Severe
- 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 1/10 Low 0 unhealthy d/yr today · 0 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
- $16,595
- − Mortgage interest
- −$7,556
- − Property taxes
- −$795
- − Insurance
- −$674
- − Repairs & maintenance
- −$1,328
- − Management
- −$1,328
- − Depreciation
- −$3,924
- Taxable income
- $989
- Est. tax owed @ 24.0%
- −$237
- After-tax cash flow
- $2,914/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.
Condition & rehab AI · 11 photos
This new mobile home is in excellent condition with no visible repairs or maintenance needed. It is move-in ready and offers a great value for both resale and rental.
Value-add opportunities
- Both Landscaping — A well-maintained lawn and landscaping can enhance curb appeal and attract potential buyers or renters.
- Both Interior paint — Fresh paint can make the interior look more inviting and modern, appealing to both buyers and renters.
Renovation cost estimate screening
Value-add ROI direction
- Both Landscaping — A well-maintained lawn and landscaping can enhance curb appeal and attract potential buyers or renters. ↑
- Both Interior paint — Fresh paint can make the interior look more inviting and modern, appealing to both buyers and renters. ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Beauregard Parish
- NCES district ID
- 2200180
- Math proficiency
- 30% ▼ -40.00%
- Reading proficiency
- 41% ▼ -35.00%
- Median HH income
- $46,033
- Composite
- 30.34/100
- National rank
- #6265
- State rank
- #32 of 98 in LA
Livability — Longville
- Score
- 50/100
- State rank
- #430
- US rank
- #25727
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- City population
- 2,559
- Population (ZIP)
- 25,038
Population outlook (Beauregard County) Hauer SSP2
- Today (2025)
- 37,760 people
- By 2030
- 38,140 · +1.0%
- By 2040
- 38,518 · +2.0%
- By 2050
- 38,164 · +1.1%
- By 2075
- 36,437 · -3.5%
- By 2100
- 32,493 · -13.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (72%)
- Race & ethnicity
- White 72% Black 14% Two or more races 9% Hispanic / Latino 5% Asian 1%
- Hispanic origin (detail)
- Mexican 3% Puerto Rican 1%
- Common ancestry
- Lithuanian 6% Slovak 1% Italian 1%
- Foreign-born
- 2% · Canada
- Languages at home
- 96% English-only · Spanish 2% French/Haitian/Cajun 1%
Political lean MEDSL · Beauregard
- 2024 margin
- Solid R (+71.3) · D 13.8% · R 85.1% · Other 1.1%
- 2008→2024 swing
- -16.9pp toward R · 2008: -54.3pp · 2024: -71.3pp
- All cycles
- 2024: R+71.3 2020: R+67.5 2016: R+65.3 2012: R+58.2 2008: R+54.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -57.61%
- Current HPI
- 130.4445
- 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 |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
-3.6% since first listed2 events — show timeline
- 2026-04-13 Price Changed $134,900 GFPAR
- 2026-01-29 Listed $139,900 GFPAR
Property tax history
-3.1%/yrLatest (2025): $795 · +2.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…