426 Kings Hwy · Shreveport, LA 71104

$75,000

3 bd · 1.0 ba · 1,424 sqft · SingleFamily public records · 78 Days on market

Built 1985 Fair condition 7,013 sqft lot $53/sqft · 50% below area Est $149k · 50% under ↓ 17% 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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +4.9/10.0
• Rent growth +3.4/5.0
• Livability +3.0/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3 bedroom one and a half bath located in Querbes Subdivision in close proximity to Centenary college. This property is not in a flood zone. Would also be ideal to be utilized as a commercial property.

Key facts

• Not in a flood zone
• Querbes subdivision
• 7,013 sq ft lot

Tags

• QUERBES SUBDIVISION
• NOT IN A FLOOD ZONE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $372 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $70k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 5.2% in Shreveport — 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 59/100 on livability (#270 in LA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A; Watch: crime F, amenities F, commute 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.
• Zoned schools: Creswell Elementary School (math 17% / reading 12%, grade F, #516 of 646 statewide, top 82%, 250 students, 81% FRL); Caddo Parish Middle Magnet School (math 79% / reading 93%, grade A+, #1 of 218 statewide, top 0%, 1,003 students, 23% FRL); C.E. Byrd High School (math 44% / reading 55%, grade D, #37 of 265 statewide, top 14%, 1,526 students, 43% FRL).
• Zoned-school proficiency averages 50% at this address vs 26% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Caddo Parish average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents rising (+3.6%/yr); 182 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 70d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• 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 + 3.6% rent growth), your $21k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 78 days — a 6% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; major wind risk, 66% 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 $70,500 (6.0% below list)

Questions for the listing agent

1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
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: 1.53% ✓
• Cap rate: 13.30%
• Cash-on-cash: 25.03%
• DSCR: 2.11
• GRM: 5.4

CMA / ARV

• ARV (median comp): $149,293
• List price: $75,000
• Delta: -49.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
622 Kirby Pl	0.31mi	3/2.0	1,515 (+6%)	3mo	$149,900	$99	68
627 Robinson Pl	0.39mi	2/1.0 (-1)	1,311 (-8%)	1mo	$120,000	$92	62
848 Gladstone Blvd	0.57mi	2/1.0 (-1)	1,362 (-4%)	1mo	$173,500	$127	60
131 Merrick St	0.74mi	2/1.0 (-1)	1,433 (+1%)	3mo	$40,000	$28	56
426 Stephenson St	0.25mi	3/2.5	1,633 (+15%)	2mo	$207,500	$127	56
701 Ratcliff St	0.65mi	3/2.0	1,531 (+8%)	1mo	$149,900	$98	53
446 Merrick St	0.68mi	2/2.0 (-1)	1,372 (-4%)	3mo	$55,000	$40	51
650 Prospect St	0.51mi	2/1.0 (-1)	1,594 (+12%)	1mo	$152,000	$95	50
821 Dalzell St	0.68mi	2/2.0 (-1)	1,484 (+4%)	5mo	$165,000	$111	48
812 Linden St	0.57mi	3/2.0	1,588 (+12%)	5mo	$169,500	$107	46
528 Slattery Blvd	0.67mi	3/1.0	1,626 (+14%)	6mo	$198,000	$122	40
117 E College St	0.74mi	2/1.0 (-1)	1,250 (-12%)	1mo	$47,000	$38	39

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 · 3.56% rent growth · sell at horizon

5-year hold

• IRR: 14.4%
• Equity multiple: 1.58×
• Total profit: $12,193
• Equity at exit: $11,183

10-year hold

• IRR: 23.6%
• Equity multiple: 3.09×
• Total profit: $43,917
• Equity at exit: $6,485

Cash invested: $21,000 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 36 active · 18 under contract
• Months of supply: 8.6 mo (12%/mo absorbed)
• Median asking: $137,000 ($100/sqft)
• Median days on market: 71 d
• This list price: 25% of active listings are priced below it
• ARV vs active asking: +4.4% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 71104

• Home prices YoY: -32.2%
• Rents YoY: 3.6%
• Active inventory: 182
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $1,151 high
• Mortgage (P&I): −$393
• Tax from tax record: −$47 /mo · $562/yr
• Insurance: −$31
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$242
• Net cashflow: $372

Break-even live

Break-even rent $681

Max offer price $75,000

Occupancy floor 63%

Sensitivity live

Price	-10% $414	-5% $393	+0% $372	+5% $350	+10% $329
Rent	-10% $281	-5% $326	+0% $372	+5% $417	+10% $463
Rate	-1.0pp $409	-0.5pp $391	base $372	+0.5pp $352	+1.0pp $332

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: $18,750
• Closing costs: $2,250
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
336 Atkins Ave Shreveport, LA	2.0	1.0	912	$900	$0.99	93d	1	0.08mi
3305 Creswell Ave Shreveport, LA	2.0	1.0	1307	$1,350	$1.03	70d	1	0.26mi
561 Forest Ave Shreveport, LA	2.0	1.0	1358	$1,350	$0.99	70d	1	0.26mi
320 Stephenson St Shreveport, LA	3.0	2.0	1845	$1,675	$0.91	62d	1	0.29mi
320 Stephenson St Shreveport, LA	3.0	2.0	1845	$1,675	$0.91	70d	1	0.29mi
315 Robinson Pl Shreveport, LA	2.0	1.0	1161	$800	$0.69	62d	1	0.33mi
229 Stephenson St Shreveport, LA	2.0	2.5	1500	$1,300	$0.87	62d	1	0.35mi
328 Prospect St Shreveport, LA	2.0	1.0	1641	$1,000	$0.61	93d	1	0.41mi
140 Wilkinson St Unit 142 Shreveport, LA	3.0	3.0	1174	$1,300	$1.11	70d	1	0.44mi
140 Wilkinson St Unit 140 Shreveport, LA	2.0	1.0	1000	$1,200	$1.20	70d	1	0.44mi
315 Dalzell St Shreveport, LA	2.0	2.5	1372	$1,100	$0.80	93d	1	0.45mi
642 Robinson Pl Shreveport, LA	3.0	1.0	1500	$1,275	$0.85	70d	1	0.45mi
2515 Centenary Blvd Shreveport, LA	2.0	1.0	1200	$2,500	$2.08	62d	1	0.46mi
546 Dalzell St Shreveport, LA	2.0	1.0	1000	$875	$0.88	70d	1	0.51mi
419 Boulevard St Shreveport, LA	3.0	2.0	1852	$1,100	$0.59	93d	1	0.51mi
3516 Alexander Ave Shreveport, LA	2.0	1.0	1355	$1,250	$0.92	62d	1	0.53mi
140 E Wilkinson St Shreveport, LA	3.0	3.0	1174	$1,300	$1.11	70d	1	0.57mi
431 College St Shreveport, LA	2.0	2.0	1100	$850	$0.77	62d	1	0.58mi
204 Boulevard St Shreveport, LA	2.0	1.0	1028	$1,195	$1.16	93d	1	0.60mi
406 College St Shreveport, LA	2.0	1.0	1215	$900	$0.74	93d	1	0.61mi
2109 Highland Ave Shreveport, LA	3.0	1.0	1739	$1,050	$0.60	93d	1	0.64mi
442 Merrick St Shreveport, LA	3.0	1.5	1595	$1,000	$0.63	93d	1	0.68mi
2721 Fairfield Ave Shreveport, LA	2.0	2.0	1250	$1,200	$0.96	93d	1	0.70mi
2717 Fairfield Ave Shreveport, LA	2.0	1.0	1250	$950	$0.76	93d	1	0.70mi
708 College St Shreveport, LA	2.0	1.0	1156	$925	$0.80	62d	1	0.71mi
819 Boulevard St Shreveport, LA	2.0	1.0	900	$800	$0.89	70d	1	0.74mi
144 Merrick St Shreveport, LA	2.0	1.0	1532	$800	$0.52	93d	1	0.76mi
103 E Merrick St Shreveport, LA	2.0	1.0	1200	$900	$0.75	93d	1	0.77mi
219 E Slattery Blvd Shreveport, LA	2.0	1.0	1047	$1,000	$0.96	93d	1	0.79mi
3100 Fairfield Ave Shreveport, LA	1.0–2.0	1.5–2.0	1001	$1,400	$1.40	70d	1	0.80mi
126 E Olive St Shreveport, LA	2.0	1.0	1200	$1,500	$1.25	62d	1	0.88mi
3840 Creswell Ave Unit 1 Shreveport, LA	2.0	1.5	1200	$1,000	$0.83	93d	1	0.92mi
3846 Creswell Ave Unit 3848 Shreveport, LA	2.0	2.0	1374	$1,125	$0.82	62d	1	0.95mi
3820 Fairfield Ave Unit 37 Shreveport, LA	2.0	2.0	1084	$1,050	$0.97	93d	1	1.02mi
127 Herndon St Shreveport, LA	2.0	1.0	1325	$800	$0.60	62d	1	1.04mi
1101 College St Shreveport, LA	2.0	2.0	1100	$850	$0.77	62d	1	1.08mi
143 E Herndon St Unit 143 Shreveport, LA	2.0	1.0	1200	$830	$0.69	70d	1	1.09mi
2811 Samford Ave Shreveport, LA	3.0	1.0	1612	$850	$0.53	62d	1	1.09mi
3827 Maryland Ave Shreveport, LA	2.0	1.0	1032	$1,400	$1.36	93d	1	1.12mi
3802 Baltimore Ave Shreveport, LA	2.0	1.0	1250	$1,025	$0.82	70d	1	1.16mi

Listing history 14 events

1. 2026-06-09
   days on market $75,000 Active 78 DOM
2. 2026-06-08
   days on market $75,000 Active 77 DOM
3. 2026-06-07
   days on market $75,000 Active 76 DOM
4. 2026-06-05
   days on market $75,000 Active 73 DOM
5. 2026-06-03
   days on market $75,000 Active 72 DOM
6. 2026-06-02
   days on market $75,000 Active 71 DOM
7. 2026-06-01
   days on market $75,000 Active 70 DOM
8. 2026-05-31
   days on market $75,000 Active 69 DOM
9. 2026-05-30
   days on market $75,000 Active 68 DOM
10. 2026-03-23
    listed $75,000 Active 205-char remark

    Show marketing remark (205 chars)

    3 bedroom one and a half bath located in Querbes Subdivision in close proximity to Centenary college. This property is not in a flood zone. Would also be ideal to be utilized as a commercial property.

11. 2026-03-20
    historical
12. 2026-01-22
    price $75,000
13. 2025-10-24
    listed $90,000 Active
14. 1996-03-28
    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: $562 · $47/mo
• Projected year-2 tax: $562 · $47/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 7/10 Severe FEMA zone X (unshaded) · 76% 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 66% 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: $13,814
• − Mortgage interest: −$4,201
• − Property taxes: −$562
• − Insurance: −$1,172
• − Repairs & maintenance: −$1,105
• − Management: −$1,105
• − Depreciation: −$2,182
• Taxable income: $3,486
• Est. tax owed @ 24.0%: −$837
• After-tax cash flow: $3,622/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.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab Est. rehab $35,600–$64,080 screening

This home is in fair condition with some repairs and maintenance needed, particularly in the exterior and interior. Upgrades to the exterior and interior can significantly increase its resale and rental value.

Components & finishes AI

Roof asphalt shingle · good Flooring carpet

Deferred maintenance Est. $3,000–$12,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear
• Minor Other — No visible signs of damage or wear

Repairs flagged

• Moderate exterior siding — The siding shows signs of wear and discoloration, indicating a need for repair or replacement.
• Major interior walls — The walls are painted in a pink color and show significant wear and tear, indicating a need for repainting or replacement.
• Major flooring — The carpeted flooring is in poor condition, with visible wear and tear, indicating a need for replacement.

Value-add opportunities

• Resale paint exterior — Painting the exterior can improve the curb appeal and make the home look more attractive to potential buyers. ↑
• Resale paint interior — Repainting the interior can make the home look more modern and appealing to potential buyers. ↑
• Both replace carpet — Replacing the carpet can improve the overall appearance of the home and make it more comfortable for potential buyers or renters. ↑
• Resale repair siding — Repairing the siding can improve the home's curb appeal and make it look more well-maintained to potential buyers. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 49/100

Zoned Schools

Elementary Broadmoor Stem Academy F LA #581/646 Nat'l #38,478/41,679 Middle Caddo Parish Middle Magnet School A+ LA #1/218 Nat'l #104/14,009 High C.e. Byrd High School D LA #37/265 Nat'l #5,677/17,239

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

D Composite livability gradescore 59/100

Livability — Shreveport

• Score: 59/100
• State rank: #270
• US rank: #19730

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shreveport, LA
• County: Caddo Parish · 243,190 people
• City population: 164,123
• Metro: Shreveport-Bossier City, LA
• Population (ZIP): 12,975
• Household income: $56,833
• Rent vs Own: 54.7% rent · 45.3% own
• Severe rent burden: 3% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 53% Black 28% Two or more races 10% Hispanic / Latino 10% Asian 3%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Slovak 6% Lithuanian 4% Scottish 2%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 5% French/Haitian/Cajun 1% Tagalog/Filipino 1%

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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: ▼ -49.61%
• Current HPI: 104.3781
• Rent YoY: ▲ 3.56%
• Metro: Shreveport-Bossier City, LA
• State GDP YoY: ▲ 3.29%
• F500 in state: 10

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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

-16.7% since first listed

5 events — show timeline

• 2026-03-23 Listed $75,000 NTREIS
• 2026-03-20 Listing Removed — NTREIS
• 2026-01-22 Price Changed $75,000 NTREIS
• 2025-10-24 Listed $90,000 NTREIS
• 1996-03-28 Sold (Public Records) — Public Records

Property tax history

+12.6%/yr

Latest (2025): $562 · +0.4% YoY. Source: county tax records.