109 Kristen Ln · Minden, LA 71055

$70,000

4 bd · 3.0 ba · 2,391 sqft · SingleFamily · 19 Days on market

Built 2013 0.55 ac lot $29/sqft · 53% below area ↓ 7% 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

LARGE CORNER LOT 4 BEDROOM 3 BATHROOM HOME WITH 2,391 SQARE FEET ON A 0.55 ACRE LOT WITH TONS OF ROOM INSIDE AND OUT! HOME FEATRES A SPACIOUS KITCHEN AND OPEN FLOOR CONCEPT LIVING ROOM WITH WOOD BURNING FIREPLACE. REMOTE MAIN BEDROOM FEAURES A WALK IN CLOSET AND AN ADJOINING SITTING AREA.HOME ALSO FEATURES A NICE FRONT OPEN DECK AND SUPER NICE BACK COVERED PORCH AS WELL AS A DOUBLE METAL CARPORT. HUD OWNED HOME. CASE # 222-214950. PROPERTY SOLD AS IS. PURCHASER SHOULD OBTAIN EXPERT ASSISTANCE TO EVALUATE PROPERTY CONDITION. NO REPAIRS CAN BE MADE BEFORE CLOSING. SEE AGENT REMARKS.

Key facts

• Spacious kitchen
• Open floor concept
• Walk in closet

Tags

• CORNER LOT
• SPACIOUS KITCHEN
• OPEN FLOOR CONCEPT
• WOOD BURNING FIREPLACE
• WALK IN CLOSET
• SITTING AREA

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $70k.

Deal economics

• At list price, monthly cash flow is $440 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $70k).
• Recommended offer: $69k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 5.2% in Minden — 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 68/100 on livability (#92 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: schools C-, amenities D, crime F.
• Webster Parish (town): math 17% / reading 26% proficiency, ranked #67 of 98 in LA (top 68%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 133 active listings in the ZIP; 36 units permitted in Webster Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $484 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Webster County population projected at -21% 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 $20k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($69k) 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, 63% 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 $68,950 (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. 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?
3. 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.
4. 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.
5. 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: 1.66% ✓
• Cap rate: 13.83%
• Cash-on-cash: 26.93%
• DSCR: 2.20
• GRM: 5.0

CMA / ARV

• ARV (median comp): $148,045
• List price: $70,000
• Delta: -52.72%
• Verdict: UNDERPRICED
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Kristen Ln	0.00mi	4/3.0	2,391 (0%)	1mo	$70,000	$29	99

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: 20.9%
• Equity multiple: 1.85×
• Total profit: $16,682
• Equity at exit: $10,437

10-year hold

• IRR: 29.0%
• Equity multiple: 3.58×
• Total profit: $50,654
• Equity at exit: $6,052

Cash invested: $19,600 (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

5-day notice; no state rent control; civil-law jurisdiction; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 71055

• Active inventory: 133
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,163 medium
• Mortgage (P&I): −$367
• Tax from tax record: −$83 /mo · $997/yr
• Insurance: −$29
• HOA: −$0
• Vacancy / Maint / Mgmt: −$244
• Net cashflow: $440

Break-even live

Break-even rent $607

Max offer price $70,000

Occupancy floor 57%

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: $17,500
• Closing costs: $2,100
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-11
   status Pending 587-char remark

   Show marketing remark (587 chars)

   LARGE CORNER LOT 4 BEDROOM 3 BATHROOM HOME WITH 2,391 SQARE FEET ON A 0.55 ACRE LOT WITH TONS OF ROOM INSIDE AND OUT! HOME FEATRES A SPACIOUS KITCHEN AND OPEN FLOOR CONCEPT LIVING ROOM WITH WOOD BURNING FIREPLACE. REMOTE MAIN BEDROOM FEAURES A WALK IN CLOSET AND AN ADJOINING SITTING AREA.HOME ALSO FEATURES A NICE FRONT OPEN DECK AND SUPER NICE BACK COVERED PORCH AS WELL AS A DOUBLE METAL CARPORT. HUD OWNED HOME. CASE # 222-214950. PROPERTY SOLD AS IS. PURCHASER SHOULD OBTAIN EXPERT ASSISTANCE TO EVALUATE PROPERTY CONDITION. NO REPAIRS CAN BE MADE BEFORE CLOSING. SEE AGENT REMARKS.

2. 2026-05-05
   status Active 587-char remark

   Show marketing remark (587 chars)

   LARGE CORNER LOT 4 BEDROOM 3 BATHROOM HOME WITH 2,391 SQARE FEET ON A 0.55 ACRE LOT WITH TONS OF ROOM INSIDE AND OUT! HOME FEATRES A SPACIOUS KITCHEN AND OPEN FLOOR CONCEPT LIVING ROOM WITH WOOD BURNING FIREPLACE. REMOTE MAIN BEDROOM FEAURES A WALK IN CLOSET AND AN ADJOINING SITTING AREA.HOME ALSO FEATURES A NICE FRONT OPEN DECK AND SUPER NICE BACK COVERED PORCH AS WELL AS A DOUBLE METAL CARPORT. HUD OWNED HOME. CASE # 222-214950. PROPERTY SOLD AS IS. PURCHASER SHOULD OBTAIN EXPERT ASSISTANCE TO EVALUATE PROPERTY CONDITION. NO REPAIRS CAN BE MADE BEFORE CLOSING. SEE AGENT REMARKS.

3. 2026-04-01
   status Pending 587-char remark

   Show marketing remark (587 chars)

   LARGE CORNER LOT 4 BEDROOM 3 BATHROOM HOME WITH 2,391 SQARE FEET ON A 0.55 ACRE LOT WITH TONS OF ROOM INSIDE AND OUT! HOME FEATRES A SPACIOUS KITCHEN AND OPEN FLOOR CONCEPT LIVING ROOM WITH WOOD BURNING FIREPLACE. REMOTE MAIN BEDROOM FEAURES A WALK IN CLOSET AND AN ADJOINING SITTING AREA.HOME ALSO FEATURES A NICE FRONT OPEN DECK AND SUPER NICE BACK COVERED PORCH AS WELL AS A DOUBLE METAL CARPORT. HUD OWNED HOME. CASE # 222-214950. PROPERTY SOLD AS IS. PURCHASER SHOULD OBTAIN EXPERT ASSISTANCE TO EVALUATE PROPERTY CONDITION. NO REPAIRS CAN BE MADE BEFORE CLOSING. SEE AGENT REMARKS.

4. 2026-03-19
   listed $70,000 Active 587-char remark

   Show marketing remark (587 chars)

   LARGE CORNER LOT 4 BEDROOM 3 BATHROOM HOME WITH 2,391 SQARE FEET ON A 0.55 ACRE LOT WITH TONS OF ROOM INSIDE AND OUT! HOME FEATRES A SPACIOUS KITCHEN AND OPEN FLOOR CONCEPT LIVING ROOM WITH WOOD BURNING FIREPLACE. REMOTE MAIN BEDROOM FEAURES A WALK IN CLOSET AND AN ADJOINING SITTING AREA.HOME ALSO FEATURES A NICE FRONT OPEN DECK AND SUPER NICE BACK COVERED PORCH AS WELL AS A DOUBLE METAL CARPORT. HUD OWNED HOME. CASE # 222-214950. PROPERTY SOLD AS IS. PURCHASER SHOULD OBTAIN EXPERT ASSISTANCE TO EVALUATE PROPERTY CONDITION. NO REPAIRS CAN BE MADE BEFORE CLOSING. SEE AGENT REMARKS.

5. 2025-07-25
   historical
6. 2025-05-29
   price $119,900
7. 2025-02-26
   listed $90,000 Active
8. 2016-04-04
   soldstatus $115,100
9. 2002-01-30
   soldstatus $75,125

ⓘ 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: $997 · $83/mo
• Projected year-2 tax: $997 · $83/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 63% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,961
• − Mortgage interest: −$3,921
• − Property taxes: −$997
• − Insurance: −$350
• − Repairs & maintenance: −$1,117
• − Management: −$1,117
• − Depreciation: −$2,036
• Taxable income: $4,423
• Est. tax owed @ 24.0%: −$1,062
• After-tax cash flow: $4,216/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: Webster Parish
• NCES district ID: 2201890
• Math proficiency: 17% ▼ -39.00%
• Reading proficiency: 26% ▼ -38.00%
• Median HH income: $33,011
• Composite: 17.5/100
• National rank: #9055
• State rank: #67 of 98 in LA

Livability — Minden

• Score: 68/100
• State rank: #92
• US rank: #9771

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 17,406

Population outlook (Webster County) Hauer SSP2

• Today (2025): 37,736 people
• By 2030: 36,203 · -4.1%
• By 2040: 32,988 · -12.6%
• By 2050: 29,743 · -21.2%
• By 2075: 22,346 · -40.8%
• By 2100: 15,045 · -60.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (56%)
• Race & ethnicity: White 56% Black 40% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Slovak 1% Serbian 1% Lithuanian 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 1%

Political lean MEDSL · Webster

• 2024 margin: Solid R (+36.5) · D 31.2% · R 67.7% · Other 1.1%
• 2008→2024 swing: -10.2pp toward R · 2008: -26.3pp · 2024: -36.5pp
• All cycles: 2024: R+36.5 2020: R+31.1 2016: R+29.1 2012: R+25.0 2008: R+26.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -89.40%
• Current HPI: 117.9577
• Rent YoY: —
• Metro: —
• 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

-6.8% since first listed

9 events — show timeline

• 2026-05-11 Pending — NTREIS
• 2026-05-05 Relisted — NTREIS
• 2026-04-01 Pending — NTREIS
• 2026-03-19 Listed $70,000 NTREIS
• 2025-07-25 Listing Removed — NTREIS
• 2025-05-29 Price Changed $119,900 NTREIS
• 2025-02-26 Listed $90,000 NTREIS
• 2016-04-04 Sold (Public Records) $115,100 Public Records
• 2002-01-30 Sold (Public Records) $75,125 Public Records

Property tax history

+3.0%/yr

Latest (2025): $997 · +0.5% YoY. Source: county tax records.