1260 N Bridlewood Dr Dr · Lake Charles, LA 70615

$129,900

3 bd · 2.0 ba · 1,539 sqft · SingleFamily · 100 Days on market

Built 2014 0.51 ac lot $84/sqft · 18% below area Est $159k · 18% under ↓ 10% since listing

---

Why this score? — see what drove the C- 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 +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• 1% rule +4.0/10.0
• Livability +3.4/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover this 1,529 sq. ft. 3-bedroom, 2-bath manufactured home situated on a spacious half-acre corner lot in a quiet neighborhood. This home features an open floor plan, large closets, and crown molding throughout. Primary suite comes complete with a tray ceiling, soaker tub, walk-in shower, and double vanity. The property also offers a large deck, ample parking for multiple vehicles, and plenty of space for outdoor enjoyment. Don't miss out on this well-designed home with functional living spaces.

Key facts

• Large deck
• Ample parking
• Outdoor enjoyment

Tags

• CORNER LOT
• LARGE DECK
• AMPLE PARKING
• OUTDOOR ENJOYMENT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $124 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $117k (9.7% below list).
• Recommended offer: $117k (9.7% below list) — sets the bar for 1% rule.
• Cap rate 7.4% vs local median 4.3% in Lake Charles — 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 68/100 on livability (#95 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: crime F, amenities F, employment D-.
• 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: 162 active listings in the ZIP; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 1,298 units permitted in Calcasieu Parish in 2024 (526 in 5+ unit buildings).
• This rent runs 35% of the median local income ($40k/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 $898 of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 100 days — a 9% lower offer ($118k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: 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 $117,359 (9.7% below list)

Questions for the listing agent

1. It's been on market 100 days. Have you received any prior offers? Is the seller open to a 10% 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 B-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. Crime grade is F 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?
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: 0.90% ✗
• Cap rate: 7.44%
• Cash-on-cash: 4.10%
• DSCR: 1.18
• GRM: 9.2

CMA / ARV

• ARV (median comp): $159,215
• List price: $129,900
• Delta: -18.41%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -9.9%
• Equity multiple: 0.64×
• Total profit: $-13,184
• Equity at exit: $19,369

10-year hold

• IRR: -0.6%
• Equity multiple: 0.96×
• Total profit: $-1,465
• Equity at exit: $11,231

Cash invested: $36,372 (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 70615

• Active inventory: 162
• Price-to-rent: 9.2×

Monthly cashflow live

• Estimated rent: $1,174 medium
• Mortgage (P&I): −$681
• Tax from tax record: −$68 /mo · $812/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$246
• Net cashflow: $124

Break-even live

Break-even rent $1,016

Max offer price $129,900

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6735 U.S. 90 Unit 85 Lake Charles, LA	4.0	2.0	1440	$1,250	$0.87	13d	1	1.17mi

Listing history 9 events

1. 2026-06-09
   status $129,900 Pending 100 DOM
2. 2026-06-08
   days on market $129,900 Active 100 DOM
3. 2026-06-07
   days on market $129,900 Active 99 DOM
4. 2026-06-05
   days on market $129,900 Active 96 DOM
5. 2026-06-03
   status $129,900 Active 94 DOM
6. 2026-05-09
   status Pending 505-char remark

   Show marketing remark (505 chars)

   Discover this 1,529 sq. ft. 3-bedroom, 2-bath manufactured home situated on a spacious half-acre corner lot in a quiet neighborhood. This home features an open floor plan, large closets, and crown molding throughout. Primary suite comes complete with a tray ceiling, soaker tub, walk-in shower, and double vanity. The property also offers a large deck, ample parking for multiple vehicles, and plenty of space for outdoor enjoyment. Don't miss out on this well-designed home with functional living spaces.

7. 2026-04-14
   price $129,900 505-char remark

   Show marketing remark (505 chars)

   Discover this 1,529 sq. ft. 3-bedroom, 2-bath manufactured home situated on a spacious half-acre corner lot in a quiet neighborhood. This home features an open floor plan, large closets, and crown molding throughout. Primary suite comes complete with a tray ceiling, soaker tub, walk-in shower, and double vanity. The property also offers a large deck, ample parking for multiple vehicles, and plenty of space for outdoor enjoyment. Don't miss out on this well-designed home with functional living spaces.

8. 2026-02-20
   price $134,900 505-char remark

   Show marketing remark (505 chars)

   Discover this 1,529 sq. ft. 3-bedroom, 2-bath manufactured home situated on a spacious half-acre corner lot in a quiet neighborhood. This home features an open floor plan, large closets, and crown molding throughout. Primary suite comes complete with a tray ceiling, soaker tub, walk-in shower, and double vanity. The property also offers a large deck, ample parking for multiple vehicles, and plenty of space for outdoor enjoyment. Don't miss out on this well-designed home with functional living spaces.

9. 2026-02-03
   listed $144,900 Active 505-char remark

   Show marketing remark (505 chars)

   Discover this 1,529 sq. ft. 3-bedroom, 2-bath manufactured home situated on a spacious half-acre corner lot in a quiet neighborhood. This home features an open floor plan, large closets, and crown molding throughout. Primary suite comes complete with a tray ceiling, soaker tub, walk-in shower, and double vanity. The property also offers a large deck, ample parking for multiple vehicles, and plenty of space for outdoor enjoyment. Don't miss out on this well-designed home with functional living spaces.

ⓘ 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: $812 · $68/mo
• Projected year-2 tax: $812 · $68/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 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 21 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: $14,083
• − Mortgage interest: −$7,276
• − Property taxes: −$812
• − Insurance: −$650
• − Repairs & maintenance: −$1,127
• − Management: −$1,127
• − Depreciation: −$3,779
• Taxable loss: −$687
• Est. tax savings @ 24.0%: +$165
• After-tax cash flow: $1,654/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 — Lake Charles

• Score: 68/100
• State rank: #95
• US rank: #9820

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Calcasieu Parish · 170,889 people
• City population: 133,538
• Metro: Lake Charles, LA
• Population (ZIP): 12,980
• Household income: $40,047
• Rent vs Own: 38.4% rent · 61.6% own
• Severe rent burden: 639.0

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: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: Black 56% White 33% Hispanic / Latino 6% Two or more races 4%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 8% Serbian 2% Iranian 1%
• Foreign-born: 1% · Canada
• Languages at home: 92% English-only · Spanish 4% French/Haitian/Cajun 2%

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: ▼ -68.09%
• Current HPI: 87.8826
• Rent YoY: —
• 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

-10.4% since first listed

4 events — show timeline

• 2026-05-09 Pending — SWLAR
• 2026-04-14 Price Changed $129,900 SWLAR
• 2026-02-20 Price Changed $134,900 SWLAR
• 2026-02-03 Listed $144,900 SWLAR

Property tax history

+0.3%/yr

Latest (2025): $812 · +1.5% YoY. Source: county tax records.