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Ouachita Parish, LA

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Ouachita Parish, LA

$16,000 · CALHOUN, LA 71225
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Available

$16,000Asking price

3 bd · 2 ba · 1,820 sq ft · built 2006

CALHOUN, LA 71225

No contract on file

via InvestorLift Classic

2 views · listed Nov 1

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No verdict until the price, the value and the repairs add up

The Numbers

Listed priceFar under the value. It may be an entry fee, not the price.: $16,000
Listed ARVFrom the listing: $300,000
Listed repairsFrom the seller: $10,000 – $15,000
Our repair estimateFor this home’s size, ZIP and condition: $0 – $12,500

No profit or return is shown until these add up.

SENDFLIP LLC

Elijah

No reviews yet

Comps

Sales

Rents

ARV $300,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $139,000.

The sales behind this value are shown to members.

ARV $300,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

SENDFLIP LLC

Elijah

No reviews yet

Seller Description

SUBJECT-TO INVESTMENT OPPORTUNITY – CALHOUN, LA

ENTRY PRICE: $16,000

PROPERTY DETAILS

• 3 Bedrooms

• 2 Bathrooms

• 1,820 Sq Ft

• Built in 2006

• Approximately 5 Acres

• Double-Wide Manufactured Home

• Fireplace

• Island Kitchen

• Central HVAC

• Public Water

• Septic System

• Pool

EXISTING MORTGAGE BREAKDOWN

• Outstanding Principal: $105,021.97

• Interest Rate: 3.625%

• Monthly Payment: $881.07

• Entry Price: $16,000

• No Prepayment Penalty

• Estimated Entry + Existing Principal: $121,021.97 (before closing costs and adjustments)

WHY THIS DEAL MAKES SENSE

• Existing low-interest financing at 3.625%.

• Five acres of land.

• Spacious 3-bedroom, 2-bath layout.

• Potential long-term rental or owner-occupant opportunity.

• Attractive entry price for a subject-to acquisition.

RECENT AREA SALES

• 402 J T Griggs Rd – 3/2 manufactured, 1,960 sqft; $75K last asking price, sold May 2026.

• 3235 Highway 15 – 3/2, 1,868 sqft; $267K sold March 2026.

• 131 Indian Hills Cove – 3/2, 1,624 sqft; $139,900 last asking price, sold May 2026.

• 108 Patricks Cove – 3/2, 1,210 sqft; $202K sold July 2026.

• 327 Hedge Hill Cove – 3/2, 1,458 sqft; $247,500 sold May 2026.

ARV: $300,000. Comparable sales vary in property type, acreage, and condition.

TRANSACTION STRUCTURE

Subject-To acquisition. Buyer takes over the existing mortgage payments while the existing financing remains in place. Transaction to be completed through a title company.

INTERESTED? CALL OR TEXT

614-660-5357

$16K ENTRY | 3.625% INTEREST | 5 ACRES