1002 Janine Dr · Youngsville, LA 70592

$115,000

3 bd · 2.0 ba · 1,400 sqft · Manufactured · 141 Days on market

Built 2005 1.03 ac lot ↓ 21% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +3.9/10.0
• Livability +3.9/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Nestled within the serene Champagne Estate subdivision, this charming 3-bedroom, 2-bath manufactured home spans approximately 1,400 square feet on a generous 1.01-acre corner lot. This home offers exceptional value and a peaceful setting.Step inside to discover a freshly painted interior that radiates brightness and modern appeal. Brand-new blinds throughout ensure both privacy and style, complementing the thoughtful layout. The heart of the home features a kitchen island, walk-in pantry, and Formica countertops--perfect for culinary creativity and entertaining. The master suite impresses with a double vanity and a separate shower, while vinyl plank flooring flows seamlessly throughout the living spaces.Outside, the expansive corner lot offers ample space for outdoor living, gardening, or future expansion. The peaceful neighborhood setting enhances privacy and curb appeal.Located just minutes from local amenities and top-rated schools--including Dozier Elementary, Erath Middle, and Erath High--this home combines comfort, convenience, and community.

Key facts

• Double vanity
• Separate shower
• Kitchen island

Tags

• KITCHEN ISLAND
• WALK-IN PANTRY
• DOUBLE VANITY
• SEPARATE SHOWER
• VINYL PLANK FLOORING
• EXPANSIVE CORNER LOT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $115k.

Deal economics

• At list price, monthly cash flow is $656 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.4% vs local median 4.8% in Youngsville — 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 78/100 on livability (#8 in LA, #2,614 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, employment A+, housing A+; Watch: amenities F, commute F.
• Vermilion Parish (town): math 40% / reading 53% proficiency, ranked #15 of 98 in LA (top 15%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.6%/yr); 675 active listings in the ZIP; solid renter incomes; 228 units permitted in Vermilion Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Vermilion County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 1.6% rent growth), your $32k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 141 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $125/mo.
• Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 141 days. Have you received any prior offers? Is the seller open to a 12% 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. 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.
7. 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.
8. 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: 1.62% ✓
• Cap rate: 14.45%
• Cash-on-cash: 29.13%
• DSCR: 2.30
• GRM: 5.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.65% rent growth · sell at horizon

5-year hold

• IRR: 16.3%
• Equity multiple: 1.64×
• Total profit: $20,710
• Equity at exit: $17,147

10-year hold

• IRR: 23.8%
• Equity multiple: 2.93×
• Total profit: $62,056
• Equity at exit: $9,943

Cash invested: $32,200 (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 70592

• Home prices YoY: -23.4%
• Rents YoY: 1.6%
• Active inventory: 675
• Price-to-rent: 5.1×

Monthly cashflow live

• Estimated rent: $1,862 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$39 /mo · $464/yr
• Insurance: −$48
• Flood insurance flood zone: −$125 /mo · $1,502/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$391
• Net cashflow: $656

Break-even live

Break-even rent $1,031

Max offer price $115,000

Occupancy floor 60%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Listing history 25 events

1. 2026-06-18
   days on market $115,000 Active 141 DOM
2. 2026-06-17
   days on market $115,000 Active 140 DOM
3. 2026-06-16
   days on market $115,000 Active 139 DOM
4. 2026-06-15
   days on market $115,000 Active 138 DOM
5. 2026-06-14
   days on market $115,000 Active 136 DOM
6. 2026-06-13
   days on market $115,000 Active 135 DOM
7. 2026-06-10
   days on market $115,000 Active 133 DOM
8. 2026-06-09
   days on market $115,000 Active 132 DOM
9. 2026-06-08
   days on market $115,000 Active 131 DOM
10. 2026-06-07
    days on market $115,000 Active 130 DOM
11. 2026-06-03
    days on market $115,000 Active 126 DOM
12. 2026-06-02
    days on market $115,000 Active 125 DOM
13. 2026-06-01
    days on market $115,000 Active 124 DOM
14. 2026-05-31
    days on market $115,000 Active 123 DOM
15. 2026-05-30
    days on market $115,000 Active 122 DOM
16. 2026-04-24
    price $118,000 1064-char remark

    Show marketing remark (1064 chars)

    Nestled within the serene Champagne Estate subdivision, this charming 3-bedroom, 2-bath manufactured home spans approximately 1,400 square feet on a generous 1.01-acre corner lot. This home offers exceptional value and a peaceful setting.Step inside to discover a freshly painted interior that radiates brightness and modern appeal. Brand-new blinds throughout ensure both privacy and style, complementing the thoughtful layout. The heart of the home features a kitchen island, walk-in pantry, and Formica countertops--perfect for culinary creativity and entertaining. The master suite impresses with a double vanity and a separate shower, while vinyl plank flooring flows seamlessly throughout the living spaces.Outside, the expansive corner lot offers ample space for outdoor living, gardening, or future expansion. The peaceful neighborhood setting enhances privacy and curb appeal.Located just minutes from local amenities and top-rated schools--including Dozier Elementary, Erath Middle, and Erath High--this home combines comfort, convenience, and community.

17. 2026-03-09
    price $120,000 1064-char remark

    Show marketing remark (1064 chars)

    Nestled within the serene Champagne Estate subdivision, this charming 3-bedroom, 2-bath manufactured home spans approximately 1,400 square feet on a generous 1.01-acre corner lot. This home offers exceptional value and a peaceful setting.Step inside to discover a freshly painted interior that radiates brightness and modern appeal. Brand-new blinds throughout ensure both privacy and style, complementing the thoughtful layout. The heart of the home features a kitchen island, walk-in pantry, and Formica countertops--perfect for culinary creativity and entertaining. The master suite impresses with a double vanity and a separate shower, while vinyl plank flooring flows seamlessly throughout the living spaces.Outside, the expansive corner lot offers ample space for outdoor living, gardening, or future expansion. The peaceful neighborhood setting enhances privacy and curb appeal.Located just minutes from local amenities and top-rated schools--including Dozier Elementary, Erath Middle, and Erath High--this home combines comfort, convenience, and community.

18. 2026-01-26
    listed $125,000 Active 1064-char remark

    Show marketing remark (1064 chars)

    Nestled within the serene Champagne Estate subdivision, this charming 3-bedroom, 2-bath manufactured home spans approximately 1,400 square feet on a generous 1.01-acre corner lot. This home offers exceptional value and a peaceful setting.Step inside to discover a freshly painted interior that radiates brightness and modern appeal. Brand-new blinds throughout ensure both privacy and style, complementing the thoughtful layout. The heart of the home features a kitchen island, walk-in pantry, and Formica countertops--perfect for culinary creativity and entertaining. The master suite impresses with a double vanity and a separate shower, while vinyl plank flooring flows seamlessly throughout the living spaces.Outside, the expansive corner lot offers ample space for outdoor living, gardening, or future expansion. The peaceful neighborhood setting enhances privacy and curb appeal.Located just minutes from local amenities and top-rated schools--including Dozier Elementary, Erath Middle, and Erath High--this home combines comfort, convenience, and community.

19. 2023-12-29
    soldstatus $125,000 Sold
20. 2023-12-29
    soldstatus $125,000
21. 2023-11-27
    status Pending
22. 2023-10-13
    listed $139,500 Active
23. 2022-08-12
    price $138,500
24. 2022-05-25
    price $148,500
25. 2022-04-11
    listed $149,000 Active

ⓘ 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: $464 · $39/mo
• Projected year-2 tax: $632 · $53/mo
• Expected delta: +$168/yr (+$14/mo · 36.3%)

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

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone A · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 21 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% 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: $22,347
• − Mortgage interest: −$6,442
• − Property taxes: −$464
• − Insurance: −$2,078
• − Repairs & maintenance: −$1,788
• − Management: −$1,788
• − Depreciation: −$3,345
• Taxable income: $6,443
• Est. tax owed @ 24.0%: −$1,546
• After-tax cash flow: $6,330/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: Vermilion Parish
• NCES district ID: 2201800
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 53% ▼ -32.00%
• Median HH income: $45,115
• Composite: 39.37/100
• National rank: #3974
• State rank: #15 of 98 in LA

Livability — Youngsville

• Score: 78/100
• State rank: #8
• US rank: #2614

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Lafayette Parish · 207,544 people
• City population: 32,167
• Metro: Lafayette, LA
• Population (ZIP): 32,167
• Household income: $93,204
• Rent vs Own: 12.9% rent · 87.1% own
• Severe rent burden: 424.0

Population outlook (Vermilion County) Hauer SSP2

• Today (2025): 64,095 people
• By 2030: 65,915 · +2.8%
• By 2040: 68,985 · +7.6%
• By 2050: 70,804 · +10.5%
• By 2075: 73,897 · +15.3%
• By 2100: 71,793 · +12.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Black 10% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 24% Romanian 3% Italian 1%
• Foreign-born: 3% · Canada
• Languages at home: 94% English-only · French/Haitian/Cajun 3% Spanish 2%

Political lean MEDSL · Vermilion

• 2024 margin: Solid R (+63.8) · D 17.6% · R 81.4% · Other 1.1%
• 2008→2024 swing: -16.3pp toward R · 2008: -47.5pp · 2024: -63.8pp
• All cycles: 2024: R+63.8 2020: R+61.9 2016: R+59.6 2012: R+52.8 2008: R+47.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.24%
• Current HPI: 135.2825
• Rent YoY: ▲ 1.65%
• Metro: Lafayette, 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

-20.8% since first listed

10 events — show timeline

• 2026-04-24 Price Changed $118,000 AcadianaMLS
• 2026-03-09 Price Changed $120,000 AcadianaMLS
• 2026-01-26 Listed $125,000 AcadianaMLS
• 2023-12-29 Sold (Public Records) $125,000 Public Records
• 2023-12-29 Sold (MLS) $125,000 AcadianaMLS
• 2023-11-27 Pending — AcadianaMLS
• 2023-10-13 Listed $139,500 AcadianaMLS
• 2022-08-12 Price Changed $138,500 AcadianaMLS
• 2022-05-25 Price Changed $148,500 AcadianaMLS
• 2022-04-11 Listed $149,000 AcadianaMLS

Property tax history

-4.1%/yr

Latest (2025): $464 · +26123.7% YoY. Source: county tax records.