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198 Elengton Rd
C Composite 57.18
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

198 Elengton Rd · Longville, LA 70634
3 bd · 2.0 ba · 1,280 sqft · Manufactured public records · 143 Days on market
Built 2022 Excellent condition 3.00 ac lot ↓ 4% since listing

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $118,712 (12.0% below list)

Questions for the listing agent

  1. 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?
  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 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?
  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
1.03%
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

5-year hold
IRR
-3.7%
Equity multiple
0.86×
Total profit
$-5,177
Equity at exit
$20,114
10-year hold
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
5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

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

Break-even rent $1,051
Max offer price $134,900
Occupancy floor 76%

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

  1. 2026-06-21
    days on market $134,900 Active 143 DOM
  2. 2026-06-19
    days on market $134,900 Active 141 DOM
  3. 2026-06-18
    days on market $134,900 Active 140 DOM
  4. 2026-06-17
    days on market $134,900 Active 139 DOM
  5. 2026-06-16
    days on market $134,900 Active 138 DOM
  6. 2026-06-15
    days on market $134,900 Active 137 DOM
  7. 2026-06-14
    days on market $134,900 Active 135 DOM
  8. 2026-06-13
    days on market $134,900 Active 134 DOM
  9. 2026-06-10
    days on market $134,900 Active 132 DOM
  10. 2026-06-09
    days on market $134,900 Active 131 DOM
  11. 2026-06-08
    days on market $134,900 Active 130 DOM
  12. 2026-06-07
    days on market $134,900 Active 129 DOM
  13. 2026-06-03
    days on market $134,900 Active 125 DOM
  14. 2026-06-02
    days on market $134,900 Active 124 DOM
  15. 2026-06-01
    days on market $134,900 Active 123 DOM
  16. 2026-05-31
    days on market $134,900 Active 122 DOM
  17. 2026-05-30
    days on market $134,900 Active 121 DOM
  18. 2026-04-13
    price $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.

  19. 2026-01-29
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Excellent 95/100 None rehab

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

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

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

Price history

-3.6% since first listed
2 events — show timeline
  • 2026-04-13 Price Changed $134,900 GFPAR
  • 2026-01-29 Listed $139,900 GFPAR

Property tax history

-3.1%/yr

Latest (2025): $795 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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