2422 Somersworth Dr · Shreveport, LA 71118

$225,000

4 bd · 3.0 ba · 2,303 sqft · SingleFamily public records · 91 Days on market

Built 1979 0.26 ac lot $98/sqft · at area comps Est $225k · at est. ↓ 11% since listing

---

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 +14.1/30.0
• ARV discount +7.5/15.0
• DSCR +4.3/10.0
• 1% rule +3.8/10.0
• Livability +3.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

4 bedroom, 2.5 bath with new carpet in all 4 bedrooms, living room with vaulted ceiling and fireplace, as well as a breakfast area and separate formal dining. New roof in 2025. This home is not in a flood zone. Will come with a 1 year Guard Home Warranty with a favorable offer to the seller.

Key facts

• Formal dining
• New carpet
• Vaulted ceiling

Tags

• NEW CARPET
• VAULTED CEILING
• FIREPLACE
• BREAKFAST AREA
• FORMAL DINING
• NEW ROOF

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $32 ($383/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 $199k (11.7% below list).
• Recommended offer: $199k (11.7% below list) — sets the bar for 1% rule.

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: Forest Hill Elementary School (math 14% / reading 21%, grade F, #479 of 646 statewide, top 75%, 499 students, 75% FRL); Caddo Parish Middle Magnet School (math 79% / reading 93%, grade A+, #1 of 218 statewide, top 0%, 1,003 students, 23% FRL); Southwood High School (math 20% / reading 30%, grade F, #151 of 265 statewide, top 57%, 1,308 students, 68% FRL).
• Zoned-school proficiency averages 43% at this address vs 26% district-wide (+16 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 (+1.7%/yr); 116 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• At $1,986/mo this rent would consume 47% of the median local household income ($50k/yr) (locally 1046% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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.
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($205k) is reasonable based on typical stale-listing flexibility.
• 3 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

• 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 $198,628 (11.7% 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 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — 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. 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: 0.88% ✗
• Cap rate: 6.46%
• Cash-on-cash: 0.61%
• DSCR: 1.03
• GRM: 9.4

CMA / ARV

• ARV (median comp): $224,865
• List price: $225,000
• Delta: 0.06%
• 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
2424 Somersworth Dr	0.02mi	4/2.5	2,181 (-5%)	6mo	$199,900	$92	83
10030 Stonehaven	0.20mi	4/3.0	2,176 (-6%)	9mo	$350,000	$161	74
2412 Somersworth Dr	0.08mi	3/2.5 (-1)	2,585 (+12%)	4mo	$265,000	$103	66
2310 Somersworth Dr	0.14mi	3/2.0 (-1)	2,126 (-8%)	13mo	$239,000	$112	61
2046 Holly Oak Dr	0.58mi	4/2.5	2,292 (-0%)	12mo	$111,000	$48	60
9503 Stonehaven Dr	0.31mi	3/2.0 (-1)	2,090 (-9%)	7mo	$269,000	$129	55
2104 Chase Wls	0.35mi	3/3.5 (-1)	2,513 (+9%)	10mo	$324,000	$129	53
2144 Crabapple Dr	0.68mi	3/2.0 (-1)	2,210 (-4%)	0mo	$174,500	$79	52
9466 Baird Rd	0.63mi	4/2.0	2,059 (-11%)	4mo	$124,000	$60	46
2125 Shartel Cir	0.73mi	3/2.0 (-1)	2,181 (-5%)	12mo	$230,000	$105	38
2020 Dulverton Ct	0.71mi	3/2.0 (-1)	2,005 (-13%)	3mo	$199,900	$100	34
9756 Amblewood Ln	0.60mi	3/2.0 (-1)	1,961 (-15%)	10mo	$274,900	$140	30

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 · 1.74% rent growth · sell at horizon

5-year hold

• IRR: -16.7%
• Equity multiple: 0.41×
• Total profit: $-36,896
• Equity at exit: $33,548

10-year hold

• IRR: -11.0%
• Equity multiple: 0.37×
• Total profit: $-39,384
• Equity at exit: $19,454

Cash invested: $63,000 (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 →

ZIP-level market 71118

• Rents YoY: 1.7%
• Active inventory: 116
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,986 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$264 /mo · $3,163/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$417
• Net cashflow: $32

Break-even live

Break-even rent $1,946

Max offer price $225,000

Occupancy floor 93%

Sensitivity live

Price	-10% $159	-5% $96	+0% $32	+5% $-32	+10% $-95
Rent	-10% $-125	-5% $-47	+0% $32	+5% $110	+10% $189
Rate	-1.0pp $145	-0.5pp $89	base $32	+0.5pp $-26	+1.0pp $-86

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1021 Willow Dr Shreveport, LA	4.0	2.5	2265	$1,800	$0.79	22d	1	1.05mi
3321 Colquitt Rd Shreveport, LA	5.0	3.0	2724	$2,400	$0.88	22d	1	1.32mi

Listing history 25 events

1. 2026-06-21
   days on market $225,000 Active 91 DOM
2. 2026-06-18
   days on market $225,000 Active 88 DOM
3. 2026-06-17
   days on market $225,000 Active 87 DOM
4. 2026-06-16
   days on market $225,000 Active 86 DOM
5. 2026-06-15
   days on market $225,000 Active 85 DOM
6. 2026-06-14
   days on market $225,000 Active 83 DOM
7. 2026-06-13
   days on market $225,000 Active 82 DOM
8. 2026-06-10
   days on market $225,000 Active 80 DOM
9. 2026-06-09
   days on market $225,000 Active 79 DOM
10. 2026-06-08
    days on market $225,000 Active 78 DOM
11. 2026-06-07
    days on market $225,000 Active 77 DOM
12. 2026-06-05
    days on market $225,000 Active 74 DOM
13. 2026-06-03
    days on market $225,000 Active 73 DOM
14. 2026-06-02
    days on market $225,000 Active 72 DOM
15. 2026-06-01
    days on market $225,000 Active 71 DOM
16. 2026-05-31
    days on market $225,000 Active 70 DOM
17. 2026-05-30
    days on market $225,000 Active 69 DOM
18. 2026-04-20
    status Active 293-char remark

    Show marketing remark (293 chars)

    4 bedroom, 2.5 bath with new carpet in all 4 bedrooms, living room with vaulted ceiling and fireplace, as well as a breakfast area and separate formal dining. New roof in 2025. This home is not in a flood zone. Will come with a 1 year Guard Home Warranty with a favorable offer to the seller.

19. 2026-04-09
    status Pending 293-char remark

    Show marketing remark (293 chars)

    4 bedroom, 2.5 bath with new carpet in all 4 bedrooms, living room with vaulted ceiling and fireplace, as well as a breakfast area and separate formal dining. New roof in 2025. This home is not in a flood zone. Will come with a 1 year Guard Home Warranty with a favorable offer to the seller.

20. 2026-03-25
    price $225,000 293-char remark

    Show marketing remark (293 chars)

    4 bedroom, 2.5 bath with new carpet in all 4 bedrooms, living room with vaulted ceiling and fireplace, as well as a breakfast area and separate formal dining. New roof in 2025. This home is not in a flood zone. Will come with a 1 year Guard Home Warranty with a favorable offer to the seller.

21. 2026-03-10
    listed $234,900 Active 293-char remark

    Show marketing remark (293 chars)

    4 bedroom, 2.5 bath with new carpet in all 4 bedrooms, living room with vaulted ceiling and fireplace, as well as a breakfast area and separate formal dining. New roof in 2025. This home is not in a flood zone. Will come with a 1 year Guard Home Warranty with a favorable offer to the seller.

22. 2026-02-11
    historical
23. 2025-08-11
    listed $254,000 Active
24. 2006-10-13
    soldstatus
25. 1997-03-26
    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: $3,163 · $264/mo
• Projected year-2 tax: $3,163 · $264/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 3/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°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

Taxation est. · year 1

• Rental income: $23,835
• − Mortgage interest: −$12,603
• − Property taxes: −$3,163
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,907
• − Management: −$1,907
• − Depreciation: −$6,545
• Taxable loss: −$3,415
• Est. tax savings @ 24.0%: +$820
• After-tax cash flow: $1,203/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): 23,219
• Household income: $50,287
• Rent vs Own: 38.7% rent · 61.3% own
• Severe rent burden: 1046.0

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: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: Black 58% White 33% Two or more races 5% Hispanic / Latino 4% Asian 1%
• Common ancestry: Slovak 2% Lithuanian 2% Serbian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 2%

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: ▼ -78.81%
• Current HPI: 129.1782
• Rent YoY: ▲ 1.74%
• 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

-11.4% since first listed

8 events — show timeline

• 2026-04-20 Relisted — NTREIS
• 2026-04-09 Pending — NTREIS
• 2026-03-25 Price Changed $225,000 NTREIS
• 2026-03-10 Listed $234,900 NTREIS
• 2026-02-11 Listing Removed — NTREIS
• 2025-08-11 Listed $254,000 NTREIS
• 2006-10-13 Sold (Public Records) — Public Records
• 1997-03-26 Sold (Public Records) — Public Records

Property tax history

+0.6%/yr

Latest (2025): $3,163 · +0.4% YoY. Source: county tax records.