2275 Highway 307 · Kraemer, LA 70301

$130,000

3 bd · 2.0 ba · 1,221 sqft · Manufactured · 143 Days on market

Built 2010 Good condition 1.99 ac lot ↓ 15% since listing

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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 +28.7/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +7.0/10.0
• Condition / age +3.8/5.0
• Schools +3.4/10.0
• Rent growth +3.2/5.0
• Livability +2.9/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BEAUTIFUL 1.99 ACRE PROPERTY FEATURING A 2010 CLAYTON MANUFACTURED HOME, PROFESSIONALLY STABILIZED AND BOLTED TO A CEMENT FOUNDATION. THE HOME OFFERS 3 BEDROOMS AND 2 FULL BATHROOMS PROVIDING COMFORTABLE AND FUNCTIONAL LIVING SPACE. LOCATED IN THE HIGHLY DESIRABLE KRAEMER AREA AND WITHIN A SOUGHT-AFTER SCHOOL DISTRICT. SITUATED IN A NON-RESTRICTED AREA, THIS PROPERTY OFFERS ENDLESS POSSIBILITIES. PERFECT FOR CUSTOMIZATION, EXPANSION OR INVESTMENT. SO MUCH POTENTIAL IN A PRIM LOCATION. PROPERTY FEATURES A ROOF UNDER 5 YEARS OLD AND A/C UNIT UNDER 2 YEARS OLD, SO MANY EXTRAS.

Key facts

• Cement foundation
• 1.99 acre lot
• Built 2010

Tags

• CEMENT FOUNDATION
• ROOF UNDER 5 YEARS OLD
• A/C UNIT UNDER 2 YEARS OLD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $130k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $435 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 58/100 on livability (#288 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+, crime B+; Watch: schools F, amenities F, commute F.
• Lafourche Parish (other): math 31% / reading 49% proficiency, ranked #22 of 98 in LA (top 22%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.9%/yr); 513 active listings in the ZIP; 319 units permitted in Lafourche Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($58k/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 $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $36k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 143 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $35k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $114,400 (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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.20% ✓
• Cap rate: 10.30%
• Cash-on-cash: 14.33%
• DSCR: 1.64
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.9% rent growth · sell at horizon

5-year hold

• IRR: 4.6%
• Equity multiple: 1.18×
• Total profit: $6,417
• Equity at exit: $19,383

10-year hold

• IRR: 13.9%
• Equity multiple: 2.11×
• Total profit: $40,423
• Equity at exit: $11,240

Cash invested: $36,400 (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 70301

• Rents YoY: 2.9%
• Active inventory: 513
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,554 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$57 /mo · $687/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$326
• Net cashflow: $435

Break-even live

Break-even rent $1,004

Max offer price $130,000

Occupancy floor 67%

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-19
   days on market $130,000 Active 143 DOM
2. 2026-06-18
   days on market $130,000 Active 142 DOM
3. 2026-06-17
   days on market $130,000 Active 141 DOM
4. 2026-06-16
   days on market $130,000 Active 140 DOM
5. 2026-06-15
   days on market $130,000 Active 139 DOM
6. 2026-06-14
   days on market $130,000 Active 137 DOM
7. 2026-06-13
   days on market $130,000 Active 136 DOM
8. 2026-06-10
   days on market $130,000 Active 134 DOM
9. 2026-06-09
   days on market $130,000 Active 133 DOM
10. 2026-06-08
    days on market $130,000 Active 132 DOM
11. 2026-06-07
    days on market $130,000 Active 131 DOM
12. 2026-06-05
    days on market $130,000 Active 128 DOM
13. 2026-06-03
    days on market $130,000 Active 127 DOM
14. 2026-06-03
    price $130,000 Active 126 DOM
15. 2026-06-02
    days on market $140,000 Active 126 DOM
16. 2026-06-01
    days on market $140,000 Active 125 DOM
17. 2026-05-31
    days on market $140,000 Active 124 DOM
18. 2026-05-30
    days on market $140,000 Active 123 DOM
19. 2026-04-07
    price $140,000 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

20. 2026-04-07
    price $140,000 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

21. 2026-03-10
    price $145,000 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

22. 2026-03-10
    price $145,000 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

23. 2026-02-15
    status Active 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

24. 2026-02-15
    status Active 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

25. 2026-02-15
    price $150,000 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

26. 2026-02-09
    price $150,000 580-char remark

    Show marketing remark (580 chars)

    BEAUTIFUL 1.99 ACRE PROPERTY FEATURING A 2010 CLAYTON MANUFACTURED HOME, PROFESSIONALLY STABILIZED AND BOLTED TO A CEMENT FOUNDATION. THE HOME OFFERS 3 BEDROOMS AND 2 FULL BATHROOMS PROVIDING COMFORTABLE AND FUNCTIONAL LIVING SPACE. LOCATED IN THE HIGHLY DESIRABLE KRAEMER AREA AND WITHIN A SOUGHT-AFTER SCHOOL DISTRICT. SITUATED IN A NON-RESTRICTED AREA, THIS PROPERTY OFFERS ENDLESS POSSIBILITIES. PERFECT FOR CUSTOMIZATION, EXPANSION OR INVESTMENT. SO MUCH POTENTIAL IN A PRIM LOCATION. PROPERTY FEATURES A ROOF UNDER 5 YEARS OLD AND A/C UNIT UNDER 2 YEARS OLD, SO MANY EXTRAS.

27. 2026-01-20
    listed $165,000 Active 580-char remark

    Show marketing remark (580 chars)

    Beautiful 1.99 acre property featuring a 2010 Clayton manufactured home, professionally stabilized and bolted to a cement foundation. The home offers 3 bedrooms and 2 full bathrooms providing comfortable and functional living space. Located in the highly desirable Kraemer area and within a sought-after school district. Situated in a non-restricted area, this property offers endless possibilities. Perfect for customization, expansion or investment. So much potential in a prim location. Property features a roof under 5 years old and A/C unit under 2 years old, so many extras.

28. 2026-01-19
    listed $165,000 Active 580-char remark

    Show marketing remark (580 chars)

    BEAUTIFUL 1.99 ACRE PROPERTY FEATURING A 2010 CLAYTON MANUFACTURED HOME, PROFESSIONALLY STABILIZED AND BOLTED TO A CEMENT FOUNDATION. THE HOME OFFERS 3 BEDROOMS AND 2 FULL BATHROOMS PROVIDING COMFORTABLE AND FUNCTIONAL LIVING SPACE. LOCATED IN THE HIGHLY DESIRABLE KRAEMER AREA AND WITHIN A SOUGHT-AFTER SCHOOL DISTRICT. SITUATED IN A NON-RESTRICTED AREA, THIS PROPERTY OFFERS ENDLESS POSSIBILITIES. PERFECT FOR CUSTOMIZATION, EXPANSION OR INVESTMENT. SO MUCH POTENTIAL IN A PRIM LOCATION. PROPERTY FEATURES A ROOF UNDER 5 YEARS OLD AND A/C UNIT UNDER 2 YEARS OLD, SO MANY EXTRAS.

ⓘ 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: $687 · $57/mo
• Projected year-2 tax: $715 · $60/mo
• Expected delta: +$28/yr (+$2/mo · 4.1%)

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

Taxation est. · year 1

• Rental income: $18,649
• − Mortgage interest: −$7,282
• − Property taxes: −$687
• − Insurance: −$650
• − Repairs & maintenance: −$1,492
• − Management: −$1,492
• − Depreciation: −$3,782
• Taxable income: $3,265
• Est. tax owed @ 24.0%: −$784
• After-tax cash flow: $4,432/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 · 13 photos

Good 75/100 Cosmetic rehab

This 2010 Clayton manufactured home is in good condition with a stable foundation and new roof. It offers a good balance of updates and maintenance needs, making it a solid investment opportunity.

Value-add opportunities

• Both paint exterior — enhances curb appeal and resale value
• Both paint interior walls — improves interior appearance and rental appeal

Renovation cost estimate screening

Value-add ROI direction

• Both paint exterior — enhances curb appeal and resale value ↑
• Both paint interior walls — improves interior appearance and rental appeal ↑

ⓘ 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: Lafourche Parish
• NCES district ID: 2200900
• Math proficiency: 31% ▼ -43.00%
• Reading proficiency: 49% ▼ -32.00%
• Median HH income: $49,703
• Composite: 34.4/100
• National rank: #5205
• State rank: #22 of 98 in LA

Livability — Kraemer

• Score: 58/100
• State rank: #288
• US rank: #20645

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Kraemer, LA
• County: Lafourche Parish · 50,095 people
• Metro: Houma-Thibodaux, LA
• Population (ZIP): 50,095
• Household income: $58,394
• Rent vs Own: 25.4% rent · 74.6% own
• Severe rent burden: 1513.0

Population outlook (Lafourche County) Hauer SSP2

• Today (2025): 102,122 people
• By 2030: 103,361 · +1.2%
• By 2040: 104,401 · +2.2%
• By 2050: 102,795 · +0.7%
• By 2075: 95,599 · -6.4%
• By 2100: 82,303 · -19.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Black 20% Hispanic / Latino 5% Two or more races 5% Native American 1%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Lithuanian 18% Italian 1% Slovak 1%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Spanish 2%

Political lean MEDSL · Lafourche

• 2024 margin: Solid R (+62.1) · D 18.4% · R 80.4% · Other 1.2%
• 2008→2024 swing: -16.1pp toward R · 2008: -46.0pp · 2024: -62.1pp
• All cycles: 2024: R+62.1 2020: R+60.3 2016: R+56.5 2012: R+48.5 2008: R+46.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -98.35%
• Current HPI: 124.5559
• Rent YoY: ▲ 2.90%
• Metro: Houma-Thibodaux, 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

-15.2% since first listed

10 events — show timeline

• 2026-04-07 Price Changed $140,000 AcadianaMLS
• 2026-04-07 Price Changed $140,000 GBRMLS
• 2026-03-10 Price Changed $145,000 AcadianaMLS
• 2026-03-10 Price Changed $145,000 GBRMLS
• 2026-02-15 Relisted — AcadianaMLS
• 2026-02-15 Relisted — GBRMLS
• 2026-02-15 Price Changed $150,000 GBRMLS
• 2026-02-09 Price Changed $150,000 AcadianaMLS
• 2026-01-20 Listed $165,000 GBRMLS
• 2026-01-19 Listed $165,000 AcadianaMLS

Property tax history

+17.4%/yr

Latest (2024): $687 · +0.5% YoY. Source: county tax records.