181 Dove Ln · Rosepine, LA 71446

$119,900

4 bd · 2.0 ba · 1,800 sqft · Manufactured · 198 Days on market

Built 1996 3.01 ac lot

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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
• DSCR +10.0/10.0
• 1% rule +8.5/10.0
• ARV discount +7.5/15.0
• Rent growth +4.9/5.0
• Schools +3.6/10.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming Country Home on 3 acres of land in Rosepine. This home boasts an inviting open-concept floor plan, ideal for entertaining and family living. Living room features hardwood floors, and a cozy fireplace flowing seamlessly into the dining room and kitchen. The huge kitchen offers tons of cabinet space, ceramic tile countertops, and a breakfast nook. Enjoy a large den with hardwood floors and an awesome sunroom filled with natural light from tons of windows. Unbeatable Outdoor Amenities include the spectacular 34' x 34' ''Man Cave'' (or she-shed/guest space) includes its own kitchen, making it the ultimate spot for parties and gatherings, 24' x 24' workshop comes equipped with electricity and workbenches. Plus, a cute playhouse, chicken coop, and barn. Call your Realtor today.

Key facts

• Breakfast nook
• Cozy fireplace
• Hardwood floors

Tags

• OPEN-CONCEPT FLOOR PLAN
• HARDWOOD FLOORS
• COZY FIREPLACE
• TONS OF CABINET SPACE
• CERAMIC TILE COUNTERTOPS
• BREAKFAST NOOK

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath manufactured listed at $120k.

Deal economics

• At list price, monthly cash flow is $535 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $120k).
• Recommended offer: $106k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#180 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: amenities F, commute F, employment D-.
• Vernon Parish (rural): math 35% / reading 51% proficiency, ranked #18 of 98 in LA (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+9.6%/yr); 210 active listings in the ZIP; 26 units permitted in Vernon Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 35% of the median local income ($56k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $829 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Vernon County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $34k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 198 days — a 12% lower offer ($106k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 10y ago; this cycle's ask has dropped $30k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $56k; list at $120k implies a 114% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate 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 $105,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 198 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 A-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: 1.35% ✓
• Cap rate: 11.64%
• Cash-on-cash: 19.11%
• DSCR: 1.85
• GRM: 6.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 16.2%
• Equity multiple: 1.69×
• Total profit: $23,178
• Equity at exit: $17,877

10-year hold

• IRR: 28.1%
• Equity multiple: 4.07×
• Total profit: $102,996
• Equity at exit: $10,367

Cash invested: $33,572 (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 71446

• Home prices YoY: -32.1%
• Rents YoY: 9.6%
• Active inventory: 210
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,624 medium
• Mortgage (P&I): −$629
• Tax from tax record: −$70 /mo · $839/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$341
• Net cashflow: $535

Break-even live

Break-even rent $948

Max offer price $119,900

Occupancy floor 62%

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-19
   days on market $119,900 Active 198 DOM
2. 2026-06-18
   days on market $119,900 Active 197 DOM
3. 2026-06-17
   days on market $119,900 Active 196 DOM
4. 2026-06-16
   days on market $119,900 Active 195 DOM
5. 2026-06-15
   days on market $119,900 Active 194 DOM
6. 2026-06-14
   days on market $119,900 Active 192 DOM
7. 2026-06-12
   days on market $119,900 Active 191 DOM
8. 2026-06-09
   days on market $119,900 Active 188 DOM
9. 2026-06-08
   days on market $119,900 Active 187 DOM
10. 2026-06-07
    days on market $119,900 Active 186 DOM
11. 2026-06-07
    days on market $119,900 Active 185 DOM
12. 2026-06-04
    days on market $119,900 Active 182 DOM
13. 2026-06-02
    days on market $119,900 Active 181 DOM
14. 2026-06-01
    days on market $119,900 Active 180 DOM
15. 2026-05-31
    days on market $119,900 Active 179 DOM
16. 2026-05-31
    days on market $119,900 Active 178 DOM
17. 2026-04-30
    price $119,900 791-char remark

    Show marketing remark (791 chars)

    Charming Country Home on 3 acres of land in Rosepine. This home boasts an inviting open-concept floor plan, ideal for entertaining and family living. Living room features hardwood floors, and a cozy fireplace flowing seamlessly into the dining room and kitchen. The huge kitchen offers tons of cabinet space, ceramic tile countertops, and a breakfast nook. Enjoy a large den with hardwood floors and an awesome sunroom filled with natural light from tons of windows. Unbeatable Outdoor Amenities include the spectacular 34' x 34' ''Man Cave'' (or she-shed/guest space) includes its own kitchen, making it the ultimate spot for parties and gatherings, 24' x 24' workshop comes equipped with electricity and workbenches. Plus, a cute playhouse, chicken coop, and barn. Call your Realtor today.

18. 2026-02-24
    price $125,000 791-char remark

    Show marketing remark (791 chars)

    Charming Country Home on 3 acres of land in Rosepine. This home boasts an inviting open-concept floor plan, ideal for entertaining and family living. Living room features hardwood floors, and a cozy fireplace flowing seamlessly into the dining room and kitchen. The huge kitchen offers tons of cabinet space, ceramic tile countertops, and a breakfast nook. Enjoy a large den with hardwood floors and an awesome sunroom filled with natural light from tons of windows. Unbeatable Outdoor Amenities include the spectacular 34' x 34' ''Man Cave'' (or she-shed/guest space) includes its own kitchen, making it the ultimate spot for parties and gatherings, 24' x 24' workshop comes equipped with electricity and workbenches. Plus, a cute playhouse, chicken coop, and barn. Call your Realtor today.

19. 2026-01-31
    price $130,000 791-char remark

    Show marketing remark (791 chars)

    Charming Country Home on 3 acres of land in Rosepine. This home boasts an inviting open-concept floor plan, ideal for entertaining and family living. Living room features hardwood floors, and a cozy fireplace flowing seamlessly into the dining room and kitchen. The huge kitchen offers tons of cabinet space, ceramic tile countertops, and a breakfast nook. Enjoy a large den with hardwood floors and an awesome sunroom filled with natural light from tons of windows. Unbeatable Outdoor Amenities include the spectacular 34' x 34' ''Man Cave'' (or she-shed/guest space) includes its own kitchen, making it the ultimate spot for parties and gatherings, 24' x 24' workshop comes equipped with electricity and workbenches. Plus, a cute playhouse, chicken coop, and barn. Call your Realtor today.

20. 2026-01-13
    price $145,000 791-char remark

    Show marketing remark (791 chars)

    Charming Country Home on 3 acres of land in Rosepine. This home boasts an inviting open-concept floor plan, ideal for entertaining and family living. Living room features hardwood floors, and a cozy fireplace flowing seamlessly into the dining room and kitchen. The huge kitchen offers tons of cabinet space, ceramic tile countertops, and a breakfast nook. Enjoy a large den with hardwood floors and an awesome sunroom filled with natural light from tons of windows. Unbeatable Outdoor Amenities include the spectacular 34' x 34' ''Man Cave'' (or she-shed/guest space) includes its own kitchen, making it the ultimate spot for parties and gatherings, 24' x 24' workshop comes equipped with electricity and workbenches. Plus, a cute playhouse, chicken coop, and barn. Call your Realtor today.

21. 2025-12-03
    listed $150,000 Active 791-char remark

    Show marketing remark (791 chars)

    Charming Country Home on 3 acres of land in Rosepine. This home boasts an inviting open-concept floor plan, ideal for entertaining and family living. Living room features hardwood floors, and a cozy fireplace flowing seamlessly into the dining room and kitchen. The huge kitchen offers tons of cabinet space, ceramic tile countertops, and a breakfast nook. Enjoy a large den with hardwood floors and an awesome sunroom filled with natural light from tons of windows. Unbeatable Outdoor Amenities include the spectacular 34' x 34' ''Man Cave'' (or she-shed/guest space) includes its own kitchen, making it the ultimate spot for parties and gatherings, 24' x 24' workshop comes equipped with electricity and workbenches. Plus, a cute playhouse, chicken coop, and barn. Call your Realtor today.

22. 2016-11-18
    soldstatus 136-char remark

    Show marketing remark (136 chars)

    Mini Farm! Located just out of Rosepine and spacious with fireplace , nice rear porch, barn and shop, several out buildings. Call today!

23. 2016-09-30
    listed $91,000 136-char remark

    Show marketing remark (136 chars)

    Mini Farm! Located just out of Rosepine and spacious with fireplace , nice rear porch, barn and shop, several out buildings. Call today!

24. 2007-09-24
    soldstatus $55,900
25. 2007-09-06
    soldstatus

ⓘ 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: $839 · $70/mo
• Projected year-2 tax: $839 · $70/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 5/10 Major
• 🌡 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 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,492
• − Mortgage interest: −$6,716
• − Property taxes: −$839
• − Insurance: −$600
• − Repairs & maintenance: −$1,559
• − Management: −$1,559
• − Depreciation: −$3,488
• Taxable income: $4,731
• Est. tax owed @ 24.0%: −$1,135
• After-tax cash flow: $5,280/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: Vernon Parish
• NCES district ID: 2201830
• Math proficiency: 35% ▼ -42.00%
• Reading proficiency: 51% ▼ -32.00%
• Median HH income: $44,822
• Composite: 36.42/100
• National rank: #4674
• State rank: #18 of 98 in LA

Livability — Rosepine

• Score: 64/100
• State rank: #180
• US rank: #14736

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Vernon Parish · 21,275 people
• City population: 21,275
• Metro: Fort Polk South, LA
• Population (ZIP): 21,275
• Household income: $55,925
• Rent vs Own: 37.0% rent · 63.0% own
• Severe rent burden: 659.0

Population outlook (Vernon County) Hauer SSP2

• Today (2025): 45,401 people
• By 2030: 43,015 · -5.3%
• By 2040: 38,171 · -15.9%
• By 2050: 34,087 · -24.9%
• By 2075: 28,267 · -37.7%
• By 2100: 25,486 · -43.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 16% Hispanic / Latino 6% Two or more races 5% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 3% Puerto Rican 1%
• Common ancestry: Lithuanian 3% Slovak 1% Romanian 1%
• Foreign-born: 3% · Canada, South Korea, Vietnam
• Languages at home: 94% English-only · Spanish 3% French/Haitian/Cajun 1%

Political lean MEDSL · Vernon

• 2024 margin: Solid R (+67.9) · D 15.6% · R 83.4% · Other 1.0%
• 2008→2024 swing: -14.5pp toward R · 2008: -53.4pp · 2024: -67.9pp
• All cycles: 2024: R+67.9 2020: R+64.9 2016: R+65.0 2012: R+57.5 2008: R+53.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -61.06%
• Current HPI: 128.8849
• Rent YoY: ▲ 9.60%
• Metro: Fort Polk South, 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

+114.5% since first listed

9 events — show timeline

• 2026-04-30 Price Changed $119,900 GFPAR
• 2026-02-24 Price Changed $125,000 GFPAR
• 2026-01-31 Price Changed $130,000 GFPAR
• 2026-01-13 Price Changed $145,000 GFPAR
• 2025-12-03 Listed $150,000 GFPAR
• 2016-11-18 Sold (MLS) — GFPAR
• 2016-09-30 Listed $91,000 GFPAR
• 2007-09-24 Sold (Public Records) $55,900 Public Records
• 2007-09-06 Sold (MLS) — GFPAR

Property tax history

+13.3%/yr

Latest (2025): $839 · +0.4% YoY. Source: county tax records.