14401 Pine Park Dr · Walker, LA 70785

$99,900

2 bd · 2.0 ba · 1,048 sqft · Manufactured · 42 Days on market

Built 1994 0.42 ac lot Est $112k · 11% 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 +12.4/15.0
• DSCR +10.0/10.0
• 1% rule +7.8/10.0
• Schools +4.0/10.0
• Livability +3.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Don't miss out on this great find !! .... 2BR/2BTH mobile home in Walker offering approximately 1,048 square feet of living space on a generous 0.42-acre lot. This home features updated Relief windows(replaced in 2017), a brand-new sewer system installed just one month ago, A/C replaced in 2017, water heater replaced in 2022, and a spacious covered 40'x8' covered front porch perfect for relaxing and enjoying the outdoors. Inside, you'll find a comfortable open layout filled with natural light. Step outside to a fenced backyard designed for entertaining, complete with an above-ground pool and covered deck area ideal for gatherings with family and friends. Located on a dead end street in Flood Zone "X" with no flood insurance required, and the property did not flood in 2016. Conveniently situated just minutes from Interstate I12, shopping, dining, and local amenities. Owner occupied, showings by appointment only. Possible owner financing!!

Key facts

• 0.42 acre lot
• Pool
• Built 1994

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water
• Home design: Manufactured home (residential); Not in a subdivision
• Construction: Aluminum siding; Other foundation
• Exterior features: Covered patio/porch; Wood fencing; Shed(s); Level lot/topography

Interior

• Kitchen: Electric cooktop; Stainless steel appliances
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Electric heating; Central air; Ceiling fan(s)
• Interior features: Breakfast bar; Smoke detector(s)

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $100k.

Deal economics

• At list price, monthly cash flow is $403 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 4.8% in Walker — 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 75/100 on livability (#19 in LA, #3,999 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities D-, commute F.
• Livingston Parish (suburban): math 40% / reading 52% proficiency, ranked #13 of 98 in LA (top 13%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 253 active listings in the ZIP; solid renter incomes; 794 units permitted in Livingston Parish in 2024 (99 in 5+ unit buildings).
• This rent is only 17% of the median local income ($89k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $691 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Livingston County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $50k; list at $100k implies a 100% gain — meaningful room to come down on a strong offer.

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 $96,903 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.28% ✓
• Cap rate: 11.14%
• Cash-on-cash: 17.30%
• DSCR: 1.77
• GRM: 6.5

CMA / ARV

• ARV (on-the-fly): $112,136
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
27183 Lazy Acres Rd	0.75mi	2/2.0	1,164 (+11%)	19mo	$125,000	$107	31

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.6%
• Equity multiple: 1.34×
• Total profit: $9,467
• Equity at exit: $14,895

10-year hold

• IRR: 17.8%
• Equity multiple: 2.47×
• Total profit: $41,190
• Equity at exit: $8,638

Cash invested: $27,972 (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 70785

• Home prices YoY: -34.0%
• Active inventory: 253
• Price-to-rent: 6.5×

Monthly cashflow live

• Estimated rent: $1,280 medium
• Mortgage (P&I): −$524
• Tax from tax record: −$42 /mo · $504/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$269
• Net cashflow: $403

Break-even live

Break-even rent $769

Max offer price $99,900

Occupancy floor 63%

Sensitivity live

Price	-10% $460	-5% $432	+0% $403	+5% $375	+10% $347
Rent	-10% $302	-5% $353	+0% $403	+5% $454	+10% $504
Rate	-1.0pp $454	-0.5pp $429	base $403	+0.5pp $377	+1.0pp $351

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: $24,975
• Closing costs: $2,997
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $99,900 Active 42 DOM
2. 2026-06-17
   days on market $99,900 Active 41 DOM
3. 2026-06-16
   days on market $99,900 Active 40 DOM
4. 2026-06-15
   days on market $99,900 Active 39 DOM
5. 2026-06-14
   pricedays on market $99,900 Active 37 DOM
6. 2026-06-13
   days on market $104,900 Active 36 DOM

   Show marketing remark (961 chars)

   Don't miss out on this great find !! .... 2BR/2BTH mobile home in Walker offering approximately 1,048 square feet of living space on a generous 0.42-acre lot. This home features updated Relief windows(replaced in 2017), a brand-new sewer system installed just one month ago, A/C replaced in 2017, water heater replaced in 2022, and a spacious covered 40'x8' covered front porch perfect for relaxing and enjoying the outdoors. Inside, you'll find a comfortable open layout filled with natural light. Step outside to a fenced backyard designed for entertaining, complete with an above-ground pool and covered deck area ideal for gatherings with family and friends. Located on a dead end street in Flood Zone "X" with no flood insurance required, and the property did not flood in 2016. Conveniently situated just minutes from Interstate I12, shopping, dining, and local amenities. Owner occupied, showings by appointment only. Possible owner financing!!

7. 2026-06-10
   days on market $104,900 Active 34 DOM
8. 2026-06-09
   days on market $104,900 Active 33 DOM
9. 2026-06-08
   days on market $104,900 Active 32 DOM
10. 2026-06-07
    days on market $104,900 Active 31 DOM
11. 2026-06-03
    days on market $104,900 Active 27 DOM
12. 2026-06-02
    days on market $104,900 Active 26 DOM
13. 2026-06-01
    days on market $104,900 Active 25 DOM
14. 2026-05-31
    days on market $104,900 Active 24 DOM
15. 2026-05-31
    days on market $104,900 Active 23 DOM
16. 2026-05-05
    listed $109,900 Active 964-char remark

    Show marketing remark (961 chars)

    Don't miss out on this great find !! .... 2BR/2BTH mobile home in Walker offering approximately 1,048 square feet of living space on a generous 0.42-acre lot. This home features updated Relief windows(replaced in 2017), a brand-new sewer system installed just one month ago, A/C replaced in 2017, water heater replaced in 2022, and a spacious covered 40'x8' covered front porch perfect for relaxing and enjoying the outdoors. Inside, you'll find a comfortable open layout filled with natural light. Step outside to a fenced backyard designed for entertaining, complete with an above-ground pool and covered deck area ideal for gatherings with family and friends. Located on a dead end street in Flood Zone "X" with no flood insurance required, and the property did not flood in 2016. Conveniently situated just minutes from Interstate I12, shopping, dining, and local amenities. Owner occupied, showings by appointment only. Possible owner financing!!

17. 2026-05-05
    listed $109,900 Active 949-char remark

    Show marketing remark (961 chars)

    Don't miss out on this great find !! .... 2BR/2BTH mobile home in Walker offering approximately 1,048 square feet of living space on a generous 0.42-acre lot. This home features updated Relief windows(replaced in 2017), a brand-new sewer system installed just one month ago, A/C replaced in 2017, water heater replaced in 2022, and a spacious covered 40'x8' covered front porch perfect for relaxing and enjoying the outdoors. Inside, you'll find a comfortable open layout filled with natural light. Step outside to a fenced backyard designed for entertaining, complete with an above-ground pool and covered deck area ideal for gatherings with family and friends. Located on a dead end street in Flood Zone "X" with no flood insurance required, and the property did not flood in 2016. Conveniently situated just minutes from Interstate I12, shopping, dining, and local amenities. Owner occupied, showings by appointment only. Possible owner financing!!

18. 2020-01-17
    soldstatus $50,000

ⓘ 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: $504 · $42/mo
• Projected year-2 tax: $549 · $46/mo
• Expected delta: +$45/yr (+$4/mo · 9.0%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,354
• − Mortgage interest: −$5,596
• − Property taxes: −$504
• − Insurance: −$500
• − Repairs & maintenance: −$1,228
• − Management: −$1,228
• − Depreciation: −$2,906
• Taxable income: $3,392
• Est. tax owed @ 24.0%: −$814
• After-tax cash flow: $4,026/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: Livingston Parish
• NCES district ID: 2201020
• Math proficiency: 40% ▼ -38.00%
• Reading proficiency: 52% ▼ -32.00%
• Median HH income: $56,755
• Composite: 40.07/100
• National rank: #3811
• State rank: #13 of 98 in LA

Livability — Walker

• Score: 75/100
• State rank: #19
• US rank: #3999

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Livingston Parish · 87,496 people
• City population: 23,921
• Metro: Baton Rouge, LA
• Population (ZIP): 23,921
• Household income: $89,103
• Rent vs Own: 16.2% rent · 83.8% own
• Severe rent burden: 343.0

Population outlook (Livingston County) Hauer SSP2

• Today (2025): 158,511 people
• By 2030: 168,241 · +6.1%
• By 2040: 186,252 · +17.5%
• By 2050: 201,516 · +27.1%
• By 2075: 231,217 · +45.9%
• By 2100: 241,697 · +52.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (88%)
• Race & ethnicity: White 88% Black 6% Two or more races 4% Asian 2% Hispanic / Latino 2%
• Common ancestry: Lithuanian 10% Italian 2% Slovak 2%
• Foreign-born: 2% · Canada, China, Vietnam
• Languages at home: 97% English-only · Chinese 1% Spanish 1%

Political lean MEDSL · Livingston

• 2024 margin: Solid R (+68.5) · D 15.1% · R 83.6% · Other 1.3%
• 2008→2024 swing: +3.4pp toward D · 2008: -71.9pp · 2024: -68.5pp
• All cycles: 2024: R+68.5 2020: R+70.0 2016: R+72.5 2012: R+70.4 2008: R+71.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.92%
• Current HPI: 164.6373
• Rent YoY: —
• Metro: Baton Rouge, 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

+99.8% since first listed

7 events — show timeline

• 2026-06-13 Price Changed $99,900 AcadianaMLS
• 2026-06-13 Price Changed $99,900 GBRMLS
• 2026-05-26 Price Changed $104,900 AcadianaMLS
• 2026-05-26 Price Changed $104,900 GBRMLS
• 2026-05-05 Listed $109,900 GBRMLS
• 2026-05-05 Listed $109,900 AcadianaMLS
• 2020-01-17 Sold (Public Records) $50,000 Public Records

Property tax history

+1.8%/yr

Latest (2024): $504 · -8.9% YoY. Source: county tax records.