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3602 Valley View Dr
B- Composite 69.14
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 +27.1/30.0
  • ARV discount +15.0/15.0
  • DSCR +9.4/10.0
  • 1% rule +6.8/10.0
  • Rent growth +3.1/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$95,000

3602 Valley View Dr · Shreveport, LA 71108
3 bd · 2.0 ba · 1,615 sqft · SingleFamily public records · 91 Days on market
Built 1962 7,187 sqft lot $59/sqft · 32% below area Est $132k · 28% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Investment property available. Currently leased for $1250 a month. Strong rental area.

Key facts

  • 7,187 sq ft lot
  • Parking
  • Built 1962

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $95k.

Deal economics

  • At list price, monthly cash flow is $270 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $95k).
  • Recommended offer: $86k (9.0% below list) — sets the bar for market timing.
  • Cap rate 9.7% vs local median 5.7% 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: schools D+, crime F, amenities 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: Rents rising (+2.4%/yr); 138 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 42% of the median local income ($32k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k 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 + 2.4% rent growth), your $27k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 91 days — a 9% lower offer ($86k) is reasonable based on typical stale-listing flexibility.
  • 6 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, 68% 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 $86,450 (9.0% below list)

Questions for the listing agent

  1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1962 — 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 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?
  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
1.18%
Cap rate
9.70%
Cash-on-cash
12.16%
DSCR
1.54
GRM
7.0

CMA / ARV

ARV (median comp)
$132,208
List price
$95,000
Delta
-28.14%
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
3442 Woodhaven Ln 0.14mi 3/2.0 1,857 (+15%) 1mo $50,000 $27 68
3047 Gaywood St 0.46mi 3/2.0 1,640 (+2%) 11mo $27,500 $17 67
2323 Amelia Ave 0.74mi 3/2.0 1,584 (-2%) 6mo $174,900 $110 58
7205 Gregory St 0.45mi 3/1.0 1,479 (-8%) 7mo $75,000 $51 56
7129 Elsie St 0.32mi 3/1.0 1,679 (+4%) 23mo $80,000 $48 55
7101 Brandtway St 0.61mi 3/1.5 1,592 (-1%) 14mo $55,000 $35 55
2120 Amelia Ave 0.71mi 3/2.5 1,585 (-2%) 16mo $165,000 $104 48
6824 W Canal Blvd 0.70mi 3/2.0 1,651 (+2%) 19mo $154,900 $94 48
2942 Millard St 0.69mi 3/2.0 1,838 (+14%) 4mo $179,900 $98 41
3005 Valley View Dr 0.59mi 3/1.0 1,454 (-10%) 13mo $123,700 $85 41
2927 Despot Rd 0.72mi 4/1.0 (+1) 1,509 (-7%) 11mo $53,900 $36 37
3044 Amherst 0.73mi 3/1.0 1,375 (-15%) 0mo $70,000 $51 37

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 · 2.37% rent growth · sell at horizon

5-year hold
IRR
1.1%
Equity multiple
1.04×
Total profit
$1,061
Equity at exit
$14,165
10-year hold
IRR
10.1%
Equity multiple
1.76×
Total profit
$20,138
Equity at exit
$8,214

Cash invested: $26,600 (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.

ZIP-level market 71108

Rents YoY
2.4%
Active inventory
138
Price-to-rent
7.0×

Monthly cashflow live

Estimated rent
$1,125 high interval (Pro) →
Mortgage (P&I)
$498
Tax from tax record
$82 /mo · $980/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$236
Net cashflow
$270

Break-even live

Break-even rent $784
Max offer price $95,000
Occupancy floor 71%

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
$23,750
Closing costs
$2,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3437 Red Bud Ln Shreveport, LA 3.0 1.5 1393 $1,200 $0.86 21d 1 0.10mi
3306 Valley View Dr Shreveport, LA 3.0 1.0 1300 $1,150 $0.88 21d 1 0.30mi
7504 W Canal Blvd Shreveport, LA 3.0 1.0 1388 $1,150 $0.83 43d 1 0.60mi
2762 Marquette St Shreveport, LA 3.0 1.0 1054 $1,000 $0.95 21d 1 0.93mi
7137 Burlingame Blvd Shreveport, LA 3.0 1.5 1100 $700 $0.64 43d 1 1.39mi
7913 Woodfield Dr Shreveport, LA 3.0 1.0 1067 $1,000 $0.94 43d 1 1.48mi

Listing history 29 events

  1. 2026-06-18
    days on market $95,000 Active 91 DOM
  2. 2026-06-17
    days on market $95,000 Active 90 DOM
  3. 2026-06-16
    days on market $95,000 Active 89 DOM
  4. 2026-06-15
    days on market $95,000 Active 88 DOM
  5. 2026-06-14
    days on market $95,000 Active 86 DOM
  6. 2026-06-13
    days on market $95,000 Active 85 DOM
  7. 2026-06-10
    days on market $95,000 Active 83 DOM
  8. 2026-06-09
    days on market $95,000 Active 82 DOM
  9. 2026-06-08
    days on market $95,000 Active 81 DOM
  10. 2026-06-07
    days on market $95,000 Active 80 DOM
  11. 2026-06-05
    days on market $95,000 Active 77 DOM
  12. 2026-06-03
    days on market $95,000 Active 76 DOM
  13. 2026-06-02
    days on market $95,000 Active 75 DOM
  14. 2026-06-01
    days on market $95,000 Active 74 DOM
  15. 2026-05-31
    days on market $95,000 Active 73 DOM
  16. 2026-05-30
    days on market $95,000 Active 72 DOM
  17. 2026-03-19
    listed $95,000 Active 86-char remark
    Show marketing remark (86 chars)

    Investment property available. Currently leased for $1250 a month. Strong rental area.

  18. 2025-10-31
    historical
  19. 2025-06-06
    status Active
  20. 2025-05-22
    status Pending
  21. 2025-05-06
    status Active
  22. 2025-04-21
    status Pending
  23. 2025-03-19
    listed $115,000 Active
  24. 2025-02-28
    historical
  25. 2024-11-07
    listed $115,000 Active
  26. 2024-09-21
    historical $1,250
  27. 2024-09-10
    listed $1,250
  28. 2011-09-30
    soldstatus $92,500
  29. 2000-05-02
    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
$980 · $82/mo
Projected year-2 tax
$980 · $82/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 4/10 Moderate FEMA zone X (unshaded) · 22% 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 68% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,504
− Mortgage interest
−$5,321
− Property taxes
−$980
− Insurance
−$475
− Repairs & maintenance
−$1,080
− Management
−$1,080
− Depreciation
−$2,764
Taxable income
$1,803
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$433
After-tax cash flow
$2,802/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 — 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 · 178,536 people
City population
164,123
Metro
Shreveport-Bossier City, LA
Population (ZIP)
18,072
Household income
$32,055
Rent vs Own
63.3% rent · 36.7% own
Severe rent burden
1526.0

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 Black (83%)
Race & ethnicity
Black 83% White 11% Hispanic / Latino 4% Two or more races 2%
Foreign-born
2% · Canada
Languages at home
96% English-only · Spanish 3%

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
▼ -58.98%
Current HPI
58.1377
Rent YoY
▲ 2.37%
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

Price history

+2.7% since first listed
13 events — show timeline
  • 2026-03-19 Listed $95,000 NTREIS
  • 2025-10-31 Listing Removed NTREIS
  • 2025-06-06 Relisted NTREIS
  • 2025-05-22 Pending NTREIS
  • 2025-05-06 Relisted NTREIS
  • 2025-04-21 Pending NTREIS
  • 2025-03-19 Listed $115,000 NTREIS
  • 2025-02-28 Listing Removed NTREIS
  • 2024-11-07 Listed $115,000 NTREIS
  • 2024-09-21 Rental Removed $1,250 APPFOLIO
  • 2024-09-10 Listed for Rent $1,250 APPFOLIO
  • 2011-09-30 Sold (Public Records) $92,500 Public Records
  • 2000-05-02 Sold (Public Records) Public Records

Property tax history

+13.3%/yr

Latest (2025): $980 · +0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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