3237 Pinehaven Ln · Red Chute, LA 71037

$224,000

3 bd · 2.0 ba · 1,424 sqft · SingleFamily public records · 203 Days on market

Built 1981 0.29 ac lot $157/sqft · at area comps Est $226k · at est. $13/mo HOA · 1% of rent

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Why this score? — see what drove the D 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 +15.1/30.0
• ARV discount +8.0/15.0
• DSCR +4.6/10.0
• Schools +3.8/10.0
• 1% rule +3.3/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Lovely brick home with modern touches throughout nestled in the Dogwood Park neighborhood! The vaulted ceiling with beam accents in the spacious living room offer an open and airy atmosphere while the brick fireplace and wood floors bring character and charm. The kitchen and dining area flow from the living room, making this floorplan perfect for entertaining. With ample cabinet space, granite counters, and modern appliances, the kitchen is sure to make meal prep a breeze. The relaxing primary suite provides a nice retreat after a long day while the ensuite bath offers privacy and convenience. The additional two bedrooms each have great storage space and share a full bath, perfect for guests and family. The backyard is sure to impress with a covered patio and large wood deck providing ample space to host gatherings or simply enjoy time outside. Conveniently located near I220, BAFB, and local shopping and dining, this home might just be perfect to fit your needs. Don't wait, schedule a showing today!

Key facts

• Brick fireplace
• Vaulted ceiling
• Modern appliances

Tags

• DOGWOOD PARK NEIGHBORHOOD
• VAULTED CEILING
• BRICK FIREPLACE
• AMPLE CABINET SPACE
• GRANITE COUNTERS
• MODERN APPLIANCES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $224k.

Deal economics

• At list price, monthly cash flow is $75 ($896/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 $185k (17.4% below list).
• Recommended offer: $185k (17.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 58/100 on livability (#290 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D+, employment D+, amenities F.
• Bossier Parish (urban): math 40% / reading 47% proficiency, ranked #17 of 98 in LA (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Stockwell Place Elementary School (math 72% / reading 67%, grade A-, #27 of 646 statewide, top 5%, 594 students, 45% FRL); Cope Middle School (math 42% / reading 54%, grade C-, #35 of 218 statewide, top 16%, 836 students, 58% FRL); Airline High School (math 49% / reading 56%, grade C-, #30 of 265 statewide, top 12%, 2,021 students, 56% FRL).
• Zoned-school proficiency averages 57% at this address vs 44% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Bossier Parish average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 335 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Bossier County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 203 days — a 12% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 69% 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 $184,970 (17.4% below list)

Questions for the listing agent

1. It's been on market 203 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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 D 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.83% ✗
• Cap rate: 6.69%
• Cash-on-cash: 1.43%
• DSCR: 1.06
• GRM: 10.1

CMA / ARV

• ARV (median comp): $226,431
• List price: $224,000
• Delta: -1.07%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3207 Pine Haven Ln	0.09mi	3/2.0	1,442 (+1%)	1mo	$219,000	$152	93
3112 Heatherbrook Dr	0.13mi	3/2.0	1,413 (-1%)	5mo	$215,000	$152	89
8204 Heatherbrook Cir	0.25mi	3/2.0	1,422 (-0%)	2mo	$204,999	$144	86
8503 Hollow Bluff Dr	0.31mi	3/2.0	1,427 (+0%)	5mo	$209,900	$147	81
3816 Shadow Bend Dr	0.54mi	3/2.0	1,413 (-1%)	0mo	$226,900	$161	73
3709 Shadow Bend Dr	0.45mi	3/2.0	1,490 (+5%)	2mo	$220,000	$148	70
2623 Southcrest Dr	0.56mi	3/2.0	1,394 (-2%)	3mo	$210,000	$151	68
3514 Shadow Wood Dr	0.38mi	3/2.0	1,550 (+9%)	6mo	$220,000	$142	63
9021 Hollow Bluff Dr	0.65mi	3/2.0	1,500 (+5%)	1mo	$185,000	$123	60
134 Satinwood Cir	0.44mi	3/2.0	1,585 (+11%)	3mo	$249,900	$158	58
2308 Stockwell Rd	0.68mi	3/2.0	1,501 (+5%)	3mo	$230,000	$153	57
316 Peachwood Cir	0.74mi	3/2.0	1,564 (+10%)	4mo	$269,000	$172	46

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: -14.1%
• Equity multiple: 0.50×
• Total profit: $-31,611
• Equity at exit: $33,399

10-year hold

• IRR: -5.3%
• Equity multiple: 0.65×
• Total profit: $-21,690
• Equity at exit: $19,367

Cash invested: $62,720 (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 71037

• Home prices YoY: -27.8%
• Active inventory: 335
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $1,850 medium
• Mortgage (P&I): −$1,175
• Tax from tax record: −$106 /mo · $1,267/yr
• Insurance: −$93
• HOA: −$13
• Vacancy / Maint / Mgmt: −$388
• Net cashflow: $75

Break-even live

Break-even rent $1,755

Max offer price $224,000

Occupancy floor 91%

Sensitivity live

Price	-10% $202	-5% $138	+0% $75	+5% $11	+10% $-52
Rent	-10% $-71	-5% $2	+0% $75	+5% $148	+10% $221
Rate	-1.0pp $188	-0.5pp $132	base $75	+0.5pp $17	+1.0pp $-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: $56,000
• Closing costs: $6,720
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8509 Woodhill Ln Haughton, LA	3.0	2.0	1451	$1,650	$1.14	45d	1	0.22mi
2523 Brookhaven Dr Bossier City, LA	3.0	2.0	1800	$1,950	$1.08	23d	1	0.71mi
6021 Whitney Dr Bossier City, LA	4.0	2.0	1780	$2,100	$1.18	45d	1	0.79mi

HOA detail

• Monthly dues: $13 · $156/yr

Listing history 23 events

1. 2026-06-21
   days on market $224,000 Active 203 DOM
2. 2026-06-18
   days on market $224,000 Active 200 DOM
3. 2026-06-17
   days on market $224,000 Active 199 DOM
4. 2026-06-16
   days on market $224,000 Active 198 DOM
5. 2026-06-15
   days on market $224,000 Active 197 DOM
6. 2026-06-14
   days on market $224,000 Active 195 DOM
7. 2026-06-13
   days on market $224,000 Active 194 DOM
8. 2026-06-10
   days on market $224,000 Active 192 DOM
9. 2026-06-09
   days on market $224,000 Active 191 DOM
10. 2026-06-08
    days on market $224,000 Active 190 DOM
11. 2026-06-07
    days on market $224,000 Active 189 DOM
12. 2026-06-02
    days on market $224,000 Active 184 DOM
13. 2026-06-01
    days on market $224,000 Active 183 DOM
14. 2026-05-31
    days on market $224,000 Active 182 DOM
15. 2026-05-30
    days on market $224,000 Active 181 DOM
16. 2026-05-14
    status Active 1014-char remark

    Show marketing remark (1014 chars)

    Lovely brick home with modern touches throughout nestled in the Dogwood Park neighborhood! The vaulted ceiling with beam accents in the spacious living room offer an open and airy atmosphere while the brick fireplace and wood floors bring character and charm. The kitchen and dining area flow from the living room, making this floorplan perfect for entertaining. With ample cabinet space, granite counters, and modern appliances, the kitchen is sure to make meal prep a breeze. The relaxing primary suite provides a nice retreat after a long day while the ensuite bath offers privacy and convenience. The additional two bedrooms each have great storage space and share a full bath, perfect for guests and family. The backyard is sure to impress with a covered patio and large wood deck providing ample space to host gatherings or simply enjoy time outside. Conveniently located near I220, BAFB, and local shopping and dining, this home might just be perfect to fit your needs. Don't wait, schedule a showing today!

17. 2026-05-02
    status Pending 1014-char remark

    Show marketing remark (1014 chars)

    Lovely brick home with modern touches throughout nestled in the Dogwood Park neighborhood! The vaulted ceiling with beam accents in the spacious living room offer an open and airy atmosphere while the brick fireplace and wood floors bring character and charm. The kitchen and dining area flow from the living room, making this floorplan perfect for entertaining. With ample cabinet space, granite counters, and modern appliances, the kitchen is sure to make meal prep a breeze. The relaxing primary suite provides a nice retreat after a long day while the ensuite bath offers privacy and convenience. The additional two bedrooms each have great storage space and share a full bath, perfect for guests and family. The backyard is sure to impress with a covered patio and large wood deck providing ample space to host gatherings or simply enjoy time outside. Conveniently located near I220, BAFB, and local shopping and dining, this home might just be perfect to fit your needs. Don't wait, schedule a showing today!

18. 2026-04-10
    price $224,000 1014-char remark

    Show marketing remark (1014 chars)

    Lovely brick home with modern touches throughout nestled in the Dogwood Park neighborhood! The vaulted ceiling with beam accents in the spacious living room offer an open and airy atmosphere while the brick fireplace and wood floors bring character and charm. The kitchen and dining area flow from the living room, making this floorplan perfect for entertaining. With ample cabinet space, granite counters, and modern appliances, the kitchen is sure to make meal prep a breeze. The relaxing primary suite provides a nice retreat after a long day while the ensuite bath offers privacy and convenience. The additional two bedrooms each have great storage space and share a full bath, perfect for guests and family. The backyard is sure to impress with a covered patio and large wood deck providing ample space to host gatherings or simply enjoy time outside. Conveniently located near I220, BAFB, and local shopping and dining, this home might just be perfect to fit your needs. Don't wait, schedule a showing today!

19. 2025-11-18
    listed $229,000 Active 1014-char remark

    Show marketing remark (1014 chars)

    Lovely brick home with modern touches throughout nestled in the Dogwood Park neighborhood! The vaulted ceiling with beam accents in the spacious living room offer an open and airy atmosphere while the brick fireplace and wood floors bring character and charm. The kitchen and dining area flow from the living room, making this floorplan perfect for entertaining. With ample cabinet space, granite counters, and modern appliances, the kitchen is sure to make meal prep a breeze. The relaxing primary suite provides a nice retreat after a long day while the ensuite bath offers privacy and convenience. The additional two bedrooms each have great storage space and share a full bath, perfect for guests and family. The backyard is sure to impress with a covered patio and large wood deck providing ample space to host gatherings or simply enjoy time outside. Conveniently located near I220, BAFB, and local shopping and dining, this home might just be perfect to fit your needs. Don't wait, schedule a showing today!

20. 2024-11-26
    soldstatus Closed
21. 2024-11-26
    soldstatus $218,000
22. 2024-10-14
    status Pending
23. 2024-10-14
    listed $215,000 Active

ⓘ 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: $1,267 · $106/mo
• Projected year-2 tax: $1,267 · $106/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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 69% 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: $22,196
• − Mortgage interest: −$12,547
• − Property taxes: −$1,267
• − Insurance: −$1,120
• − Repairs & maintenance: −$1,776
• − Management: −$1,776
• − HOA: −$156
• − Depreciation: −$6,516
• Taxable loss: −$2,961
• Est. tax savings @ 24.0%: +$711
• After-tax cash flow: $1,607/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: Bossier Parish
• NCES district ID: 2200270
• Math proficiency: 40% ▼ -32.00%
• Reading proficiency: 47% ▼ -28.00%
• Median HH income: $51,326
• Composite: 37.5/100
• National rank: #4402
• State rank: #17 of 98 in LA

Livability — Red Chute

• Score: 58/100
• State rank: #290
• US rank: #20659

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Red Chute, LA
• County: Bossier Parish · 98,704 people
• Metro: Shreveport-Bossier City, LA
• Population (ZIP): 21,192
• Household income: $78,571
• Rent vs Own: 14.1% rent · 85.9% own
• Severe rent burden: 171.0

Population outlook (Bossier County) Hauer SSP2

• Today (2025): 143,247 people
• By 2030: 151,802 · +6.0%
• By 2040: 168,194 · +17.4%
• By 2050: 183,533 · +28.1%
• By 2075: 217,009 · +51.5%
• By 2100: 230,091 · +60.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Black 15% Hispanic / Latino 6% Two or more races 3%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Lithuanian 2% Italian 1% Slovak 1%
• Foreign-born: 3% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Bossier

• 2024 margin: Solid R (+43.3) · D 27.7% · R 71.0% · Other 1.3%
• 2008→2024 swing: +0.3pp no change · 2008: -43.7pp · 2024: -43.3pp
• All cycles: 2024: R+43.3 2020: R+41.0 2016: R+45.8 2012: R+45.4 2008: R+43.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.53%
• Current HPI: 154.5064
• Rent YoY: —
• Metro: Shreveport-Bossier City, 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

+4.2% since first listed

8 events — show timeline

• 2026-05-14 Relisted — NTREIS
• 2026-05-02 Pending — NTREIS
• 2026-04-10 Price Changed $224,000 NTREIS
• 2025-11-18 Listed $229,000 NTREIS
• 2024-11-26 Sold (Public Records) $218,000 Public Records
• 2024-11-26 Sold (MLS) — NTREIS
• 2024-10-14 Pending — NTREIS
• 2024-10-14 Listed $215,000 NTREIS

Property tax history

+7.1%/yr

Latest (2025): $1,267 · +46.0% YoY. Source: county tax records.