14924 Parkway Dr · Hosston, LA 71043

$44,900

3 bd · 2.0 ba · 1,807 sqft · SingleFamily public records · 169 Days on market

Built 1940 0.87 ac lot $25/sqft · 70% below area ↓ 38% 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
• Appreciation +5.0/10.0
• Livability +2.8/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Nice size home with 3 bedrooms and 2 full bathrooms. Large living room. Separate dining area. Nice size bedrooms. Large almost 1 acre lot. AGENTS: see agent remarks on submitting an offer.

Key facts

• 0.87 acre lot
• Built 1940
• Listed 169 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $580 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $45k).
• Recommended offer: $40k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 55/100 on livability (#372 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: employment D, schools F, crime F.
• Caddo Parish (urban): math 21% / reading 32% proficiency, ranked #53 of 98 in LA (top 54%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 8 active listings in the ZIP; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($310 loan paydown + $1k appreciation (3.0% local appreciation)).
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 169 days — a 12% lower offer ($40k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 51% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $39,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 169 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. 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.
8. 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.
9. 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: 2.56% ✓
• Cap rate: 21.79%
• Cash-on-cash: 55.35%
• DSCR: 3.46
• GRM: 3.3

CMA / ARV

• ARV (median comp): $150,121
• List price: $44,900
• Delta: -70.09%
• Verdict: UNDERPRICED
• Comps: 4 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14561 Rosedale St	0.29mi	3/1.5	1,859 (+3%)	13mo	$61,500	$33	69

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: 60.4%
• Equity multiple: 4.37×
• Total profit: $42,372
• Equity at exit: $20,189

10-year hold

• IRR: 59.9%
• Equity multiple: 8.88×
• Total profit: $99,124
• Equity at exit: $31,114

Cash invested: $12,572 (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 71043

• Active inventory: 8
• Price-to-rent: 3.3×

Monthly cashflow live

• Estimated rent: $1,149 medium
• Mortgage (P&I): −$235
• Tax from tax record: −$74 /mo · $885/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$241
• Net cashflow: $580

Break-even live

Break-even rent $415

Max offer price $44,900

Occupancy floor 45%

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: $11,225
• Closing costs: $1,347
• Reserves months: —
• Total cash needed: —

Listing history 21 events

1. 2026-06-18
   days on market $44,900 Active 169 DOM
2. 2026-06-17
   days on market $44,900 Active 168 DOM
3. 2026-06-16
   days on market $44,900 Active 167 DOM
4. 2026-06-15
   days on market $44,900 Active 166 DOM
5. 2026-06-14
   days on market $44,900 Active 164 DOM
6. 2026-06-13
   days on market $44,900 Active 163 DOM
7. 2026-06-10
   days on market $44,900 Active 161 DOM
8. 2026-06-09
   days on market $44,900 Active 160 DOM
9. 2026-06-08
   days on market $44,900 Active 159 DOM
10. 2026-06-07
    days on market $44,900 Active 158 DOM
11. 2026-06-05
    days on market $44,900 Active 155 DOM
12. 2026-06-03
    days on market $44,900 Active 154 DOM
13. 2026-06-02
    days on market $44,900 Active 153 DOM
14. 2026-06-01
    days on market $44,900 Active 152 DOM
15. 2026-05-31
    days on market $44,900 Active 151 DOM
16. 2026-05-30
    days on market $44,900 Active 150 DOM
17. 2026-05-18
    price $44,900 188-char remark

    Show marketing remark (188 chars)

    Nice size home with 3 bedrooms and 2 full bathrooms. Large living room. Separate dining area. Nice size bedrooms. Large almost 1 acre lot. AGENTS: see agent remarks on submitting an offer.

18. 2026-03-23
    price $49,900 188-char remark

    Show marketing remark (188 chars)

    Nice size home with 3 bedrooms and 2 full bathrooms. Large living room. Separate dining area. Nice size bedrooms. Large almost 1 acre lot. AGENTS: see agent remarks on submitting an offer.

19. 2025-12-30
    listed $64,900 Active 188-char remark

    Show marketing remark (188 chars)

    Nice size home with 3 bedrooms and 2 full bathrooms. Large living room. Separate dining area. Nice size bedrooms. Large almost 1 acre lot. AGENTS: see agent remarks on submitting an offer.

20. 2021-03-01
    soldstatus $72,000
21. 2002-07-18
    soldstatus

ⓘ 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: $885 · $74/mo
• Projected year-2 tax: $885 · $74/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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 51% 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: $13,789
• − Mortgage interest: −$2,515
• − Property taxes: −$885
• − Insurance: −$224
• − Repairs & maintenance: −$1,103
• − Management: −$1,103
• − Depreciation: −$1,306
• Taxable income: $6,653
• Est. tax owed @ 24.0%: −$1,597
• After-tax cash flow: $5,362/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: Caddo Parish
• NCES district ID: 2200300
• Math proficiency: 21% ▼ -33.00%
• Reading proficiency: 32% ▼ -30.00%
• Median HH income: $39,227
• Composite: 22.23/100
• National rank: #8148
• State rank: #53 of 98 in LA

Livability — Hosston

• Score: 55/100
• State rank: #372
• US rank: #23649

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hosston, LA
• City population: 425
• Population (ZIP): 425

Population outlook (Caddo County) Hauer SSP2

• Today (2025): 243,190 people
• By 2030: 237,231 · -2.5%
• By 2040: 222,502 · -8.5%
• By 2050: 206,516 · -15.1%
• By 2075: 165,706 · -31.9%
• By 2100: 122,262 · -49.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Black 32% Two or more races 2%
• Common ancestry: Lithuanian 3% Italian 2%
• Languages at home: 97% English-only · French/Haitian/Cajun 3% Spanish 1%

Political lean MEDSL · Caddo

• 2024 margin: Toss-up / Even · D 51.6% · R 47.0% · Other 1.4%
• 2008→2024 swing: +1.6pp toward D · 2008: 3.0pp · 2024: 4.6pp
• All cycles: 2024: D+4.6 2020: D+6.8 2016: D+4.2 2012: D+4.9 2008: D+3.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: —
• Current HPI: —
• Rent YoY: —
• Metro: —
• 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

-37.6% since first listed

5 events — show timeline

• 2026-05-18 Price Changed $44,900 NTREIS
• 2026-03-23 Price Changed $49,900 NTREIS
• 2025-12-30 Listed $64,900 NTREIS
• 2021-03-01 Sold (Public Records) $72,000 Public Records
• 2002-07-18 Sold (Public Records) — Public Records

Property tax history

+25.1%/yr

Latest (2025): $885 · +0.4% YoY. Source: county tax records.