1344 Little River Rd · Jonesville, LA 71343

$110,000

3 bd · 2.0 ba · 2,460 sqft · Manufactured public records · 185 Days on market

Built 1997 1.13 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 +26.1/30.0
• DSCR +8.8/10.0
• Appreciation +8.7/10.0
• ARV discount +7.5/15.0
• 1% rule +5.7/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks MLS

Spacious manufactured home situated on over an acre with approximately 166 feet of Little River frontage in Jonesville. Enjoy excellent fishing right out your back door and close proximity to the Catahoula National Wildlife Refuge, making this a great spot for hunting and outdoor recreation. This secluded property sits surrounded by open fields with no immediate neighbors, offering privacy and peaceful country living. The home features a large living room with a stone-accent fireplace, an oversized eat-in kitchen with island, built-in china cabinets, and abundant counter space, plus a sunny breakfast area. The primary suite offers a garden tub, separate shower, large dressing area with full mirror, and his-and-her closets. All bedrooms are generously sized. Vinyl siding and a metal roof makes this home virtually maintenance free! A rare riverfront setting with space, privacy, and outdoor lifestyle appeal. All measurements and information is approx. and should be verified by the buyer.

Key facts

• Sunny breakfast area
• 1.13 acre lot
• Built 1997

Tags

• LITTLE RIVER FRONTAGE
• STONE-ACCENT FIREPLACE
• OVERSIZED EAT-IN KITCHEN
• BUILT-IN CHINA CABINETS
• ABUNDANT COUNTER SPACE
• SUNNY BREAKFAST AREA

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $110k.

Deal economics

• At list price, monthly cash flow is $276 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $110k).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 64/100 on livability (#170 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, amenities F, commute F.
• Catahoula Parish (rural): math 17% / reading 34% proficiency, ranked #58 of 98 in LA (top 59%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 39 active listings in the ZIP; 60 units permitted in Catahoula Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($761 loan paydown + $8k appreciation (7.3% local appreciation)).
• Catahoula County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (7.3% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 4, 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 185 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $42k; list at $110k implies a 162% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $96,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 185 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. 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.
5. 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.
6. 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: 1.07% ✓
• Cap rate: 9.30%
• Cash-on-cash: 10.74%
• DSCR: 1.48
• GRM: 7.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

7.33% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 27.0%
• Equity multiple: 2.89×
• Total profit: $58,164
• Equity at exit: $78,607

10-year hold

• IRR: 24.5%
• Equity multiple: 6.05×
• Total profit: $155,646
• Equity at exit: $151,525

Cash invested: $30,800 (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 71343

• Home prices YoY: 8.4%
• Active inventory: 39
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,177 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$32 /mo · $382/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$247
• Net cashflow: $276

Break-even live

Break-even rent $828

Max offer price $110,000

Occupancy floor 72%

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: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $110,000 Active 185 DOM
2. 2026-06-17
   days on market $110,000 Active 184 DOM
3. 2026-06-16
   days on market $110,000 Active 183 DOM
4. 2026-06-15
   days on market $110,000 Active 182 DOM
5. 2026-06-13
   days on market $110,000 Active 180 DOM
6. 2026-06-12
   days on market $110,000 Active 179 DOM
7. 2026-06-09
   days on market $110,000 Active 176 DOM
8. 2026-06-08
   days on market $110,000 Active 175 DOM
9. 2026-06-07
   days on market $110,000 Active 174 DOM
10. 2026-06-07
    days on market $110,000 Active 173 DOM
11. 2026-06-04
    days on market $110,000 Active 170 DOM
12. 2026-06-02
    days on market $110,000 Active 169 DOM
13. 2026-06-01
    days on market $110,000 Active 168 DOM
14. 2026-05-31
    days on market $110,000 Active 167 DOM
15. 2026-05-31
    days on market $110,000 Active 166 DOM
16. 2026-04-21
    price $110,000 1000-char remark

    Show marketing remark (1000 chars)

    Spacious manufactured home situated on over an acre with approximately 166 feet of Little River frontage in Jonesville. Enjoy excellent fishing right out your back door and close proximity to the Catahoula National Wildlife Refuge, making this a great spot for hunting and outdoor recreation. This secluded property sits surrounded by open fields with no immediate neighbors, offering privacy and peaceful country living. The home features a large living room with a stone-accent fireplace, an oversized eat-in kitchen with island, built-in china cabinets, and abundant counter space, plus a sunny breakfast area. The primary suite offers a garden tub, separate shower, large dressing area with full mirror, and his-and-her closets. All bedrooms are generously sized. Vinyl siding and a metal roof makes this home virtually maintenance free! A rare riverfront setting with space, privacy, and outdoor lifestyle appeal. All measurements and information is approx. and should be verified by the buyer.

17. 2025-12-15
    listed $119,900 Active 1000-char remark

    Show marketing remark (1000 chars)

    Spacious manufactured home situated on over an acre with approximately 166 feet of Little River frontage in Jonesville. Enjoy excellent fishing right out your back door and close proximity to the Catahoula National Wildlife Refuge, making this a great spot for hunting and outdoor recreation. This secluded property sits surrounded by open fields with no immediate neighbors, offering privacy and peaceful country living. The home features a large living room with a stone-accent fireplace, an oversized eat-in kitchen with island, built-in china cabinets, and abundant counter space, plus a sunny breakfast area. The primary suite offers a garden tub, separate shower, large dressing area with full mirror, and his-and-her closets. All bedrooms are generously sized. Vinyl siding and a metal roof makes this home virtually maintenance free! A rare riverfront setting with space, privacy, and outdoor lifestyle appeal. All measurements and information is approx. and should be verified by the buyer.

18. 2022-03-23
    soldstatus $42,000
19. 2016-09-01
    soldstatus $42,000
20. 2007-11-05
    soldstatus $65,000

ⓘ 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: $382 · $32/mo
• Projected year-2 tax: $605 · $50/mo
• Expected delta: +$224/yr (+$19/mo · 58.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $14,130
• − Mortgage interest: −$6,162
• − Property taxes: −$382
• − Insurance: −$550
• − Repairs & maintenance: −$1,130
• − Management: −$1,130
• − Depreciation: −$3,200
• Taxable income: $1,576
• Est. tax owed @ 24.0%: −$378
• After-tax cash flow: $2,931/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: Catahoula Parish
• NCES district ID: 2200420
• Math proficiency: 17% ▼ -44.00%
• Reading proficiency: 34% ▼ -40.00%
• Median HH income: $36,659
• Composite: 21.13/100
• National rank: #8435
• State rank: #58 of 98 in LA

Livability — Jonesville

• Score: 64/100
• State rank: #170
• US rank: #14228

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,571

Population outlook (Catahoula County) Hauer SSP2

• Today (2025): 9,498 people
• By 2030: 9,137 · -3.8%
• By 2040: 8,428 · -11.3%
• By 2050: 7,845 · -17.4%
• By 2075: 6,875 · -27.6%
• By 2100: 5,953 · -37.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Black 29%
• Common ancestry: Slovak 2% Lithuanian 1%
• Foreign-born: 1%
• Languages at home: 98% English-only · Spanish 1%

Political lean MEDSL · Catahoula

• 2024 margin: Solid R (+50.5) · D 24.4% · R 74.9%
• 2008→2024 swing: -15.6pp toward R · 2008: -35.0pp · 2024: -50.5pp
• All cycles: 2024: R+50.5 2020: R+46.8 2016: R+44.4 2012: R+31.9 2008: R+35.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.33%
• Current HPI: 94.0492
• 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

+69.2% since first listed

5 events — show timeline

• 2026-04-21 Price Changed $110,000 MLSU
• 2025-12-15 Listed $119,900 MLSU
• 2022-03-23 Sold (Public Records) $42,000 Public Records
• 2016-09-01 Sold (Public Records) $42,000 Public Records
• 2007-11-05 Sold (Public Records) $65,000 Public Records

Property tax history

-4.7%/yr

Latest (2025): $382 · +0.1% YoY. Source: county tax records.