315 N Frazier St · DeQuincy, LA 70663

$55,000

3 bd · 2.0 ba · 1,212 sqft · Manufactured · 16 Days on market

Built 2002 8,276 sqft lot ↓ 30% 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
• 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

OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

Key facts

• 8,276 sq ft lot
• Built 2002
• Listed 15 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $55k.

Deal economics

• At list price, monthly cash flow is $722 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $54k (1.5% below list) — sets the bar for market timing.
• Cap rate 22.1% vs local median 5.6% in DeQuincy — 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 (#51 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: 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; 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 $380 of loan paydown is wiped out by about $2k 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 $15k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($54k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $4k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $54,175 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 2.48% ✓
• Cap rate: 22.05%
• Cash-on-cash: 56.28%
• DSCR: 3.50
• GRM: 3.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 59.7%
• Equity multiple: 3.84×
• Total profit: $43,764
• Equity at exit: $8,201

10-year hold

• IRR: 66.1%
• Equity multiple: 9.28×
• Total profit: $127,510
• Equity at exit: $4,755

Cash invested: $15,400 (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: 3.4×

Monthly cashflow live

• Estimated rent: $1,363 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$43 /mo · $515/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$286
• Net cashflow: $722

Break-even live

Break-even rent $448

Max offer price $55,000

Occupancy floor 42%

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-19
   days on market $55,000 Active 16 DOM
2. 2026-06-18
   days on market $55,000 Active 15 DOM
3. 2026-06-17
   days on market $55,000 Active 14 DOM
4. 2026-06-16
   days on market $55,000 Active 13 DOM
5. 2026-06-15
   days on market $55,000 Active 12 DOM
6. 2026-06-14
   days on market $55,000 Active 10 DOM
7. 2026-06-13
   days on market $55,000 Active 9 DOM
8. 2026-06-10
   days on market $55,000 Active 7 DOM
9. 2026-06-09
   days on market $55,000 Active 6 DOM
10. 2026-06-08
    days on market $55,000 Active 5 DOM
11. 2026-06-07
    days on market $55,000 Active 4 DOM
12. 2026-06-05
    pricedays on marketlisting id $55,000 Active 1 DOM
13. 2026-06-01
    days on marketlisting id $59,400 Active 558 DOM
14. 2026-05-31
    days on market $59,400 Active 178 DOM
15. 2026-05-30
    days on market $59,400 Active 177 DOM
16. 2025-12-04
    status Active 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

17. 2025-12-04
    price $59,400 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

18. 2025-12-04
    listed $59,400 Active 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

19. 2025-06-03
    status Active 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

20. 2025-06-01
    historical 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

21. 2025-05-08
    price $59,900 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

22. 2024-11-14
    listed $85,000 Active 232-char remark

    Show marketing remark (232 chars)

    OWNER FINANCING IS AVAILABLE! This 3-bedroom, 2-bathroom home offers a perfect blend of peaceful, rural living with easy access to urban conveniences. This home is in Flood Zone X, which mean flood insurance is typically not needed.

ⓘ 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: $515 · $43/mo
• Projected year-2 tax: $515 · $43/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,351
• − Mortgage interest: −$3,081
• − Property taxes: −$515
• − Insurance: −$275
• − Repairs & maintenance: −$1,308
• − Management: −$1,308
• − Depreciation: −$1,600
• Taxable income: $8,264
• Est. tax owed @ 24.0%: −$1,983
• After-tax cash flow: $6,683/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 — DeQuincy

• Score: 71/100
• State rank: #51
• US rank: #7288

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: DeQuincy, LA
• County: Calcasieu Parish · 170,889 people
• 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

-30.1% since first listed

7 events — show timeline

• 2025-12-04 Relisted — GFPAR
• 2025-12-04 Price Changed $59,400 GFPAR
• 2025-12-04 Listed $59,400 SWLAR
• 2025-06-03 Relisted — GFPAR
• 2025-06-01 Delisted — GFPAR
• 2025-05-08 Price Changed $59,900 GFPAR
• 2024-11-14 Listed $85,000 GFPAR

Property tax history

+13.9%/yr

Latest (2025): $515 · +1.5% YoY. Source: county tax records.