126 Platt Dr · Eastwood, LA 71037

$165,000

3 bd · 2.0 ba · 1,728 sqft · SingleFamily public records · 41 Days on market

Built 1963 0.46 ac lot $95/sqft · 27% below area Est $225k · 27% under ↓ 6% since listing

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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 +29.7/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +7.1/10.0
• Schools +3.8/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This corner-lot home, located in Haughton, offers 3 bedrooms, 2 bathrooms, and a spacious and comfortable living area. Ideal for first-time homebuyers, growing families or anyone looking for that quiet country living with convenient access to town. The spacious backyard is perfect for outdoor evenings spent relaxing or visiting with family and friends. Easy access to I-20, Barksdale Airforce Base, shopping and restaurants. Don't miss your chance to call this one your new home!

Key facts

• Corner-lot home
• Spacious backyard
• Easy access to i-20

Tags

• CORNER-LOT HOME
• SPACIOUS BACKYARD
• EASY ACCESS TO I-20
• CONVENIENT ACCESS TO TOWN

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $602 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $160k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 2.4% in Eastwood — 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 61/100 on livability (#241 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A, crime A-, housing A-; Watch: schools D+, employment D, amenities 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; 1 comparable units currently listed for rent nearby; solid renter incomes; 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).
• This rent runs 30% of the median local income ($79k/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 $1k of loan paydown is wiped out by about $5k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $46k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($160k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 65% 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 $160,050 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — 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 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?
5. 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.
6. 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.
7. 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: 1.21% ✓
• Cap rate: 10.67%
• Cash-on-cash: 15.63%
• DSCR: 1.70
• GRM: 6.9

CMA / ARV

• ARV (median comp): $225,356
• List price: $165,000
• Delta: -26.78%
• 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
126 Platt Dr	0.00mi	3/2.0	1,728 (0%)	1mo	$165,000	$95	99
615 Lawrence Dr	0.32mi	3/2.0	1,845 (+7%)	5mo	$209,900	$114	70
145 Platt Dr	0.16mi	4/2.0 (+1)	1,822 (+5%)	12mo	$239,900	$132	68
133 Platt Dr	0.09mi	4/2.0 (+1)	1,524 (-12%)	4mo	$219,000	$144	68
109 Flagg Dr	0.56mi	4/2.0 (+1)	1,836 (+6%)	2mo	$175,000	$95	57
117 Martha Dr	0.54mi	4/2.0 (+1)	1,842 (+7%)	4mo	$260,000	$141	55
1029 Mack Dr	0.64mi	3/2.0	1,824 (+6%)	11mo	$82,900	$45	52
613 Pine Cone Dr	0.71mi	3/2.0	1,618 (-6%)	10mo	$200,000	$124	48
105 Alta Dr	0.60mi	3/2.0	1,530 (-12%)	8mo	$165,000	$108	46
108 Wisteria Cir	0.52mi	3/1.5	1,485 (-14%)	6mo	$219,900	$148	45
631 Lawrence Cir	0.44mi	2/2.0 (-1)	1,987 (+15%)	11mo	$189,900	$96	40
506 Whispering Pine Cir	0.59mi	4/2.0 (+1)	1,974 (+14%)	6mo	$185,000	$94	39

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: 6.4%
• Equity multiple: 1.25×
• Total profit: $11,528
• Equity at exit: $24,602

10-year hold

• IRR: 15.7%
• Equity multiple: 2.28×
• Total profit: $59,109
• Equity at exit: $14,266

Cash invested: $46,200 (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 71037

• Home prices YoY: -27.8%
• Active inventory: 333
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,993 medium
• Mortgage (P&I): −$865
• Tax from tax record: −$39 /mo · $464/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$419
• Net cashflow: $602

Break-even live

Break-even rent $1,231

Max offer price $165,000

Occupancy floor 65%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2067 Highpoint Pl Haughton, LA	4.0	2.0	1918	$2,400	$1.25	13d	1	0.67mi

Listing history 5 events

1. 2026-05-03
   status Pending 481-char remark

   Show marketing remark (481 chars)

   This corner-lot home, located in Haughton, offers 3 bedrooms, 2 bathrooms, and a spacious and comfortable living area. Ideal for first-time homebuyers, growing families or anyone looking for that quiet country living with convenient access to town. The spacious backyard is perfect for outdoor evenings spent relaxing or visiting with family and friends. Easy access to I-20, Barksdale Airforce Base, shopping and restaurants. Don't miss your chance to call this one your new home!

2. 2026-04-20
   status Active 481-char remark

   Show marketing remark (481 chars)

   This corner-lot home, located in Haughton, offers 3 bedrooms, 2 bathrooms, and a spacious and comfortable living area. Ideal for first-time homebuyers, growing families or anyone looking for that quiet country living with convenient access to town. The spacious backyard is perfect for outdoor evenings spent relaxing or visiting with family and friends. Easy access to I-20, Barksdale Airforce Base, shopping and restaurants. Don't miss your chance to call this one your new home!

3. 2026-04-11
   status Pending 481-char remark

   Show marketing remark (481 chars)

   This corner-lot home, located in Haughton, offers 3 bedrooms, 2 bathrooms, and a spacious and comfortable living area. Ideal for first-time homebuyers, growing families or anyone looking for that quiet country living with convenient access to town. The spacious backyard is perfect for outdoor evenings spent relaxing or visiting with family and friends. Easy access to I-20, Barksdale Airforce Base, shopping and restaurants. Don't miss your chance to call this one your new home!

4. 2026-03-31
   price $165,000 481-char remark

   Show marketing remark (481 chars)

   This corner-lot home, located in Haughton, offers 3 bedrooms, 2 bathrooms, and a spacious and comfortable living area. Ideal for first-time homebuyers, growing families or anyone looking for that quiet country living with convenient access to town. The spacious backyard is perfect for outdoor evenings spent relaxing or visiting with family and friends. Easy access to I-20, Barksdale Airforce Base, shopping and restaurants. Don't miss your chance to call this one your new home!

5. 2026-03-12
   listed $175,000 Active 481-char remark

   Show marketing remark (481 chars)

   This corner-lot home, located in Haughton, offers 3 bedrooms, 2 bathrooms, and a spacious and comfortable living area. Ideal for first-time homebuyers, growing families or anyone looking for that quiet country living with convenient access to town. The spacious backyard is perfect for outdoor evenings spent relaxing or visiting with family and friends. Easy access to I-20, Barksdale Airforce Base, shopping and restaurants. Don't miss your chance to call this one your new home!

ⓘ 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: $464 · $39/mo
• Projected year-2 tax: $908 · $76/mo
• Expected delta: +$443/yr (+$37/mo · 95.5%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 65% 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: $23,919
• − Mortgage interest: −$9,243
• − Property taxes: −$464
• − Insurance: −$825
• − Repairs & maintenance: −$1,914
• − Management: −$1,914
• − Depreciation: −$4,800
• Taxable income: $4,760
• Est. tax owed @ 24.0%: −$1,142
• After-tax cash flow: $6,081/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 — Eastwood

• Score: 61/100
• State rank: #241
• US rank: #18386

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Eastwood, LA
• County: Bossier Parish · 98,704 people
• 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
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

-5.7% since first listed

5 events — show timeline

• 2026-05-03 Pending — NTREIS
• 2026-04-20 Relisted — NTREIS
• 2026-04-11 Pending — NTREIS
• 2026-03-31 Price Changed $165,000 NTREIS
• 2026-03-12 Listed $175,000 NTREIS

Property tax history

-0.0%/yr

Latest (2025): $464 · +0.4% YoY. Source: county tax records.