426 Chickasaw Trl · Shreveport, LA 71107

$64,000

3 bd · 2.0 ba · 866 sqft · SingleFamily public records · 28 Days on market

Built 2000 7,579 sqft lot Est $68k · 6% under

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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 +10.4/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Welcome home to this cozy 3-bedroom, 2-bathroom home located in North Shreveport! Built in 2000, this brick home offers approximately 866 square feet of living space with a functional layout perfect for first-time homebuyers, investors, or anyone looking to downsize. Situated near schools, shopping, and major roadways, this property provides both convenience and affordability. Enjoy a spacious yard with room to relax, entertain, or personalize to your liking. Whether you’re looking for a place to call home or a great investment opportunity, this property has plenty of potential!

Key facts

• Spacious yard
• Near schools
• Near shopping

Tags

• BRICK HOME
• SPACIOUS YARD
• NEAR SCHOOLS
• NEAR SHOPPING
• NEAR MAJOR ROADWAYS

Property features AI

Finance

• Other: Property is listed For Sale and marked Active; Listing broker: Keller Williams Northwest
• Financial info: No second mortgage reported; Loan type listed as 'Treat As Clear'
• HOA & community: No homeowners association

Exterior

• Parking: Covered carport with 2 covered spaces and 2 carport spaces
• Security: No specific security features listed
• Utilities: City water; City sewer; Not in a municipal utility district
• Home design: Single family residence; Residential property; One story
• Construction: Built in 2000; No construction material, roof, or foundation details provided
• Exterior features: Lot is approximately 0.174 acres (about 7,579 sq ft); Subdivision: Cherokee Park Sub

Interior

• Kitchen: No appliances included
• Bedrooms: Three bedrooms (all on the main level), each about 10 x 10; Primary bedroom on the main level, approximately 10 x 10
• Flooring: No flooring details provided
• Bathrooms: Two full bathrooms
• Heating & cooling: No heating or cooling details provided
• Interior features: One-level layout; Four total living/dining areas (living room plus additional living spaces); Other interior features
• Laundry & utility: No specific laundry/utility equipment listed

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $64k.

Deal economics

• At list price, monthly cash flow is $640 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $64k).
• Recommended offer: $63k (1.5% below list) — sets the bar for market timing.
• Cap rate 18.3% vs local median 5.6% 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: 261 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($48k/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 $442 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 + 3.0% rent growth), your $18k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 28 days — a 2% lower offer ($63k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 64% 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 $63,040 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 2.08% ✓
• Cap rate: 18.30%
• Cash-on-cash: 42.89%
• DSCR: 2.91
• GRM: 4.0

CMA / ARV

• ARV (on-the-fly): $68,414
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
110 Mayfair Dr	0.46mi	3/1.0	950 (+10%)	19mo	$74,900	$79	42

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: 39.7%
• Equity multiple: 2.70×
• Total profit: $30,422
• Equity at exit: $9,543

10-year hold

• IRR: 46.0%
• Equity multiple: 5.41×
• Total profit: $79,021
• Equity at exit: $5,534

Cash invested: $17,920 (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 71107

• Home prices YoY: -34.5%
• Active inventory: 261
• Price-to-rent: 4.0×

Monthly cashflow live

• Estimated rent: $1,332 medium
• Mortgage (P&I): −$336
• Tax from tax record: −$49 /mo · $593/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$280
• Net cashflow: $640

Break-even live

Break-even rent $521

Max offer price $64,000

Occupancy floor 47%

Sensitivity live

Price	-10% $677	-5% $659	+0% $640	+5% $622	+10% $604
Rent	-10% $535	-5% $588	+0% $640	+5% $693	+10% $746
Rate	-1.0pp $673	-0.5pp $657	base $640	+0.5pp $624	+1.0pp $607

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: $16,000
• Closing costs: $1,920
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
409 Chickasaw Trl Shreveport, LA	2.0	1.5	1124	$1,200	$1.07	45d	1	0.07mi

Listing history 20 events

1. 2026-06-21
   days on market $64,000 Active 28 DOM
2. 2026-06-18
   days on market $64,000 Active 25 DOM
3. 2026-06-17
   days on market $64,000 Active 24 DOM
4. 2026-06-16
   days on market $64,000 Active 23 DOM
5. 2026-06-15
   days on market $64,000 Active 22 DOM
6. 2026-06-14
   days on market $64,000 Active 20 DOM
7. 2026-06-13
   days on market $64,000 Active 19 DOM
8. 2026-06-10
   days on market $64,000 Active 17 DOM
9. 2026-06-09
   days on market $64,000 Active 16 DOM
10. 2026-06-08
    days on market $64,000 Active 15 DOM
11. 2026-06-07
    days on market $64,000 Active 14 DOM
12. 2026-06-05
    days on market $64,000 Active 11 DOM
13. 2026-06-03
    days on market $64,000 Active 10 DOM
14. 2026-06-02
    days on market $64,000 Active 9 DOM
15. 2026-06-01
    days on market $64,000 Active 8 DOM
16. 2026-05-31
    days on market $64,000 Active 7 DOM
17. 2026-05-30
    days on market $64,000 Active 6 DOM
18. 2026-05-22
    status Pending
19. 2026-05-19
    listed $64,000 Active
20. 1995-02-02
    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: $593 · $49/mo
• Projected year-2 tax: $593 · $49/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 · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 64% 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: $15,982
• − Mortgage interest: −$3,585
• − Property taxes: −$593
• − Insurance: −$320
• − Repairs & maintenance: −$1,279
• − Management: −$1,279
• − Depreciation: −$1,862
• Taxable income: $7,065
• Est. tax owed @ 24.0%: −$1,696
• After-tax cash flow: $5,990/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): 31,734
• Household income: $48,365
• Rent vs Own: 36.4% rent · 63.6% own
• Severe rent burden: 1346.0

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 51% White 43% Two or more races 4% Hispanic / Latino 2%
• Common ancestry: Slovak 3% Lithuanian 1%
• Foreign-born: 1% · Canada
• Languages at home: 98% English-only · Spanish 1%

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: ▼ -62.11%
• Current HPI: 117.801
• 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

3 events — show timeline

• 2026-05-22 Pending — NTREIS
• 2026-05-19 Listed $64,000 NTREIS
• 1995-02-02 Sold (Public Records) — Public Records

Property tax history

-0.5%/yr

Latest (2025): $593 · +0.4% YoY. Source: county tax records.