1668 E Majestic Dr E · Sulphur, LA 70663

$105,000

3 bd · 2.0 ba · 1,485 sqft · Manufactured · 97 Days on market

Built 2000 0.51 ac lot $71/sqft · 24% below area Est $138k · 24% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +4.4/5.0
• Livability +3.6/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 3-bedroom, 2-bath mobile home situated on approximately 0.51 acres is ready for its next owner. This home features an open concept living, kitchen, and dining area. The primary living quarters has a large bathroom with soaking tub and an adjacent walk-in closet. This home has plenty of storage between cabinets, closets, and a laundry area. Outside, you’ll find a back patio deck that’s perfect for entertaining and a storage shed for added convenience. The lot size has plenty of room for outdoor activities. This home has plenty of potential and is priced to sell.

Key facts

• Open concept living
• Plenty of storage
• Back patio deck

Tags

• OPEN CONCEPT LIVING
• BACK PATIO DECK
• STORAGE SHED
• PLENTY OF STORAGE
• ROOM FOR OUTDOOR ACTIVITIES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $105k.

Deal economics

• At list price, monthly cash flow is $178 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $96k (9.0% below list) — sets the bar for market timing.
• Cap rate 13.2% vs local median 8.8% in Sulphur — 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 71/100 on livability (#48 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, schools A; Watch: crime D-, amenities F, commute F.
• Calcasieu Parish (other): math 30% / reading 44% proficiency, ranked #29 of 98 in LA (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+7.7%/yr); 291 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $726 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Calcasieu County population projected at +11% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 7.7% rent growth), your $29k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 97 days — a 9% lower offer ($96k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $73k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $95,550 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. 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: 1.50% ✓
• Cap rate: 13.20%
• Cash-on-cash: 24.67%
• DSCR: 2.10
• GRM: 5.5

CMA / ARV

• ARV (median comp): $137,900
• List price: $105,000
• Delta: -23.86%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
771 Acorn Creek Trl	0.17mi	3/2.0	1,280 (-14%)	18mo	$90,000	$70	54
958 Ranchette Ln	0.64mi	3/2.0	1,424 (-4%)	13mo	$140,000	$98	52
317 Thicket Rd	0.69mi	3/2.0	1,280 (-14%)	1mo	$120,000	$94	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 7.65% rent growth · sell at horizon

5-year hold

• IRR: 1.9%
• Equity multiple: 1.08×
• Total profit: $2,292
• Equity at exit: $15,656

10-year hold

• IRR: 16.8%
• Equity multiple: 2.79×
• Total profit: $52,492
• Equity at exit: $9,078

Cash invested: $29,400 (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 70663

• Rents YoY: 7.7%
• Active inventory: 291
• Price-to-rent: 5.5×

Monthly cashflow live

• Estimated rent: $1,579 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$49 /mo · $583/yr
• Insurance: −$44
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$332
• Net cashflow: $178

Break-even live

Break-even rent $1,354

Max offer price $105,000

Occupancy floor 84%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1115 N Crocker St Sulphur, LA	2.0	2.0	960	$950	$0.99	13d	1	0.32mi
625 N Claiborne St Unit 1 Sulphur, LA	3.0	2.0	1200	$925	$0.77	13d	1	0.79mi
1408 Christie Dr Sulphur, LA	3.0	2.0	1794	$4,250	$2.37	43d	1	1.07mi

Listing history 10 events

1. 2026-06-19
   days on market $105,000 Active 97 DOM
2. 2026-06-18
   days on market $105,000 Active 96 DOM
3. 2026-06-17
   days on market $105,000 Active 95 DOM
4. 2026-06-16
   status $105,000 Active 94 DOM
5. 2026-05-31
   status $105,000 Pending 94 DOM
6. 2026-05-30
   days on market $105,000 Active 94 DOM
7. 2026-05-09
   price $105,000 584-char remark

   Show marketing remark (584 chars)

   This 3-bedroom, 2-bath mobile home situated on approximately 0.51 acres is ready for its next owner. This home features an open concept living, kitchen, and dining area. The primary living quarters has a large bathroom with soaking tub and an adjacent walk-in closet. This home has plenty of storage between cabinets, closets, and a laundry area. Outside, you’ll find a back patio deck that’s perfect for entertaining and a storage shed for added convenience. The lot size has plenty of room for outdoor activities. This home has plenty of potential and is priced to sell.

8. 2026-04-12
   price $115,000 584-char remark

   Show marketing remark (584 chars)

   This 3-bedroom, 2-bath mobile home situated on approximately 0.51 acres is ready for its next owner. This home features an open concept living, kitchen, and dining area. The primary living quarters has a large bathroom with soaking tub and an adjacent walk-in closet. This home has plenty of storage between cabinets, closets, and a laundry area. Outside, you’ll find a back patio deck that’s perfect for entertaining and a storage shed for added convenience. The lot size has plenty of room for outdoor activities. This home has plenty of potential and is priced to sell.

9. 2026-02-25
   listed $125,000 Active 584-char remark

   Show marketing remark (584 chars)

   This 3-bedroom, 2-bath mobile home situated on approximately 0.51 acres is ready for its next owner. This home features an open concept living, kitchen, and dining area. The primary living quarters has a large bathroom with soaking tub and an adjacent walk-in closet. This home has plenty of storage between cabinets, closets, and a laundry area. Outside, you’ll find a back patio deck that’s perfect for entertaining and a storage shed for added convenience. The lot size has plenty of room for outdoor activities. This home has plenty of potential and is priced to sell.

10. 2005-03-28
    soldstatus $73,000

ⓘ 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: $583 · $49/mo
• Projected year-2 tax: $583 · $49/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 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,950
• − Mortgage interest: −$5,882
• − Property taxes: −$583
• − Insurance: −$5,644
• − Repairs & maintenance: −$1,516
• − Management: −$1,516
• − Depreciation: −$3,055
• Taxable income: $755
• Est. tax owed @ 24.0%: −$181
• After-tax cash flow: $1,955/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: Calcasieu Parish
• NCES district ID: 2200330
• Math proficiency: 30% ▼ -39.00%
• Reading proficiency: 44% ▼ -33.00%
• Median HH income: $44,700
• Composite: 31.45/100
• National rank: #5979
• State rank: #29 of 98 in LA

Livability — Sulphur

• Score: 71/100
• State rank: #48
• US rank: #7164

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Calcasieu Parish · 170,889 people
• City population: 27,799
• Metro: Lake Charles, LA
• Population (ZIP): 27,799
• Household income: $64,707
• Rent vs Own: 19.7% rent · 80.3% own
• Severe rent burden: 197.0

Population outlook (Calcasieu County) Hauer SSP2

• Today (2025): 212,179 people
• By 2030: 218,199 · +2.8%
• By 2040: 228,486 · +7.7%
• By 2050: 236,208 · +11.3%
• By 2075: 251,696 · +18.6%
• By 2100: 247,848 · +16.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 8% Hispanic / Latino 5% Two or more races 4%
• Common ancestry: Lithuanian 13% Slovak 2% Scandinavian 1%
• Foreign-born: 3% · Canada, Vietnam
• Languages at home: 94% English-only · Spanish 2% French/Haitian/Cajun 2% Other Indo-European 1%

Political lean MEDSL · Calcasieu

• 2024 margin: Solid R (+39.6) · D 29.5% · R 69.0% · Other 1.5%
• 2008→2024 swing: -15.0pp toward R · 2008: -24.6pp · 2024: -39.6pp
• All cycles: 2024: R+39.6 2020: R+35.2 2016: R+33.3 2012: R+28.7 2008: R+24.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -104.29%
• Current HPI: 100.0895
• Rent YoY: ▲ 7.65%
• Metro: Lake Charles, 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

+43.8% since first listed

4 events — show timeline

• 2026-05-09 Price Changed $105,000 SWLAR
• 2026-04-12 Price Changed $115,000 SWLAR
• 2026-02-25 Listed $125,000 SWLAR
• 2005-03-28 Sold (Public Records) $73,000 Public Records

Property tax history

-0.4%/yr

Latest (2025): $583 · -1.7% YoY. Source: county tax records.