3602 Valley View Dr · Shreveport, LA
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.22%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 7/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 68.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- 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?
- Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 1.1%
- Equity multiple
- 1.04×
- Total profit
- $1,061
- Equity at exit
- $14,165
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18days on market $95,000 Active 91 DOM
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2026-06-17days on market $95,000 Active 90 DOM
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2026-06-16days on market $95,000 Active 89 DOM
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2026-06-15days on market $95,000 Active 88 DOM
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2026-06-14days on market $95,000 Active 86 DOM
-
2026-06-13days on market $95,000 Active 85 DOM
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2026-06-10days on market $95,000 Active 83 DOM
-
2026-06-09days on market $95,000 Active 82 DOM
-
2026-06-08days on market $95,000 Active 81 DOM
-
2026-06-07days on market $95,000 Active 80 DOM
-
2026-06-05days on market $95,000 Active 77 DOM
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2026-06-03days on market $95,000 Active 76 DOM
-
2026-06-02days on market $95,000 Active 75 DOM
-
2026-06-01days on market $95,000 Active 74 DOM
-
2026-05-31days on market $95,000 Active 73 DOM
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2026-05-30days on market $95,000 Active 72 DOM
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2026-03-19$95,000 Active 86-char remark
Show marketing remark (86 chars)
Investment property available. Currently leased for $1250 a month. Strong rental area.
-
2025-10-31historical
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2025-06-06status Active
-
2025-05-22status Pending
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2025-05-06status Active
-
2025-04-21status Pending
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2025-03-19$115,000 Active
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2025-02-28historical
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2024-11-07$115,000 Active
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2024-09-21historical $1,250
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2024-09-10$1,250
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2011-09-30soldstatus $92,500
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2000-05-02soldstatus
ⓘ 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Telecommunications | 2 | $23B |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+2.7% since first listed13 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%/yrLatest (2025): $980 · +0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…