CashFlowRE
Sign in Sign up
141 W Mckinley Ave
D- Composite 38.96
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 +12.2/30.0
  • ARV discount +7.5/15.0
  • Schools +3.8/10.0
  • DSCR +3.6/10.0
  • 1% rule +3.5/10.0
  • Livability +3.4/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$219,000

141 W Mckinley Ave · Haughton, LA 71037
3 bd · 2.0 ba · 1,224 sqft · Manufactured public records · 27 Days on market
Built 1965 2.00 ac lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to this beautifully updated 3 bedroom, 2 bath home offering 1,453 square feet of comfortable living space in Haughton, conveniently located near the high school. The freshly painted interior and brand-new carpet give the home a bright, clean feel, while newer insulation and a durable 5-year-old metal roof add efficiency and peace of mind. A home generator ensures you’re always prepared. The kitchen was tastefully updated in 2023, making it a great space for cooking and gathering. Outside, you’ll find approximately 2 fully fenced acres with a privacy fence—perfect for enjoying the outdoors. The above-ground pool, installed in 2020, features a surrounding deck ideal

Key facts

  • Fully fenced acres
  • Home generator
  • Above ground pool

Tags

UPDATED KITCHENHOME GENERATORFULLY FENCED ACRESABOVE GROUND POOLSTORAGE SHEDS WITH ELECTRICITY

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 manufactured listed at $219k.

Deal economics

  • At list price, monthly cash flow is $-43 ($-514/yr) — negative.
  • To cash-flow at today's rent, offer at most $213k (2.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $186k (15.0% below list).
  • Recommended offer: $186k (15.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 67/100 on livability (#105 in LA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
  • Bossier Parish (urban): math 40% / reading 47% proficiency, ranked #17 of 98 in LA (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 333 active listings in the ZIP; solid renter incomes; 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).

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.
  • Bossier County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 27 days — a 2% lower offer ($216k) 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.
  • Current owner paid $22k; list at $219k implies a 873% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 67% 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 $186,156 (15.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.85%
Cap rate
6.06%
Cash-on-cash
-0.84%
DSCR
0.96
GRM
9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-17.7%
Equity multiple
0.38×
Total profit
$-38,187
Equity at exit
$32,654
10-year hold
IRR
-9.7%
Equity multiple
0.40×
Total profit
$-36,651
Equity at exit
$18,935

Cash invested: $61,320 (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 71037

Home prices YoY
-27.8%
Active inventory
333
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$1,862 medium interval (Pro) →
Mortgage (P&I)
$1,148
Tax est. 1.5%
$274 /mo · $3,285/yr
Insurance
$91
HOA
$0
Vacancy / Maint / Mgmt
$391
Net cashflow
$-43

Break-even live

Break-even rent $1,916
Max offer price $212,803
Occupancy floor 97%

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
$54,750
Closing costs
$6,570
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.

Listing history 6 events

  1. 2026-04-25
    status Pending
  2. 2026-04-23
    price $219,000
  3. 2026-04-11
    status Active
  4. 2026-03-29
    status Pending
  5. 2026-03-13
    listed $225,000 Active
  6. 2010-10-18
    soldstatus $22,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

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 ≥110°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 67% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$22,339
− Mortgage interest
−$12,267
− Property taxes
−$3,285
− Insurance
−$1,095
− Repairs & maintenance
−$1,787
− Management
−$1,787
− Depreciation
−$6,371
Taxable loss
−$4,254
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,021
After-tax cash flow
$507/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
Bossier Parish
NCES district ID
2200270
Math proficiency
40% ▼ -32.00%
Reading proficiency
47% ▼ -28.00%
Median HH income
$51,326
Composite
37.5/100
National rank
#4402
State rank
#17 of 98 in LA

Livability — Haughton

Score
67/100
State rank
#105
US rank
#10251

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Haughton, LA
County
Bossier Parish · 98,704 people
City population
21,192
Metro
Shreveport-Bossier City, LA
Population (ZIP)
21,192
Household income
$78,571
Rent vs Own
14.1% rent · 85.9% own
Severe rent burden
171.0

Population outlook (Bossier County) Hauer SSP2

Today (2025)
143,247 people
By 2030
151,802 · +6.0%
By 2040
168,194 · +17.4%
By 2050
183,533 · +28.1%
By 2075
217,009 · +51.5%
By 2100
230,091 · +60.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (76%)
Race & ethnicity
White 76% Black 15% Hispanic / Latino 6% Two or more races 3%
Hispanic origin (detail)
Mexican 4%
Common ancestry
Lithuanian 2% Italian 1% Slovak 1%
Foreign-born
3% · Canada
Languages at home
95% English-only · Spanish 4%

Political lean MEDSL · Bossier

2024 margin
Solid R (+43.3) · D 27.7% · R 71.0% · Other 1.3%
2008→2024 swing
+0.3pp no change · 2008: -43.7pp · 2024: -43.3pp
All cycles
2024: R+43.3 2020: R+41.0 2016: R+45.8 2012: R+45.4 2008: R+43.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -59.53%
Current HPI
154.5064
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

Price history

+873.3% since first listed
6 events — show timeline
  • 2026-04-25 Pending NTREIS
  • 2026-04-23 Price Changed $219,000 NTREIS
  • 2026-04-11 Relisted NTREIS
  • 2026-03-29 Pending NTREIS
  • 2026-03-13 Listed $225,000 NTREIS
  • 2010-10-18 Sold (Public Records) $22,500 Public Records

Property tax history

-0.1%/yr

Latest (2025): $154 · -1.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…