1422 Lampkin St · Bossier City, LA 71111

$99,500

3 bd · 1.0 ba · 912 sqft · SingleFamily public records · 11 Days on market

Built 1962 8,102 sqft lot $109/sqft · 8% above area Est $92k · 8% over

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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
• DSCR +10.0/10.0
• 1% rule +8.8/10.0
• Rent growth +4.1/5.0
• ARV discount +3.8/15.0
• Schools +3.8/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Hurry to view this move-in ready 3-bedroom, 1-bath home offering fresh updates and great value. This home features fresh paint throughout, new carpet in the bedrooms, and a recently remodeled bathroom that adds a modern touch. The layout is functional and inviting, perfect for first-time buyers or those looking to downsize. Outside, you’ll find a fully fenced yard ideal for pets, kids, or entertaining. Conveniently located near shopping, dining, and Barksdale AFB, this home combines comfort, affordability, and location all in one.

Key facts

• Move-in ready
• Remodeled bathroom
• Fresh updates

Tags

• MOVE-IN READY
• FRESH UPDATES
• REMODELED BATHROOM
• FULLY FENCED YARD
• CONVENIENTLY LOCATED

Property features AI

Finance

• Other: Subdivision: Swan Lake 05; County: Bossier
• Financial info: No second mortgage indicated; Listing is For Sale
• HOA & community: No association (no HOA)

Exterior

• Parking: Carport (covered) with 1 covered space; Driveway; No garage spaces
• Security: Audio and video recording consent for visitors
• Utilities: City water; City sewer; Located in a municipal utility district
• Home design: Single-family residence; One story; Residential property
• Construction: Built in 1962; Brick and wood construction; Slab foundation; Asphalt shingle roof
• Exterior features: Front porch; Lot less than 0.5 acre

Interior

• Kitchen: Dishwasher; Gas oven; Gas range
• Bedrooms: 3 bedrooms (all on main level)
• Flooring: Carpet; Ceramic tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Eat-in kitchen; One living area; One dining area; Room count of 2
• Laundry & utility: Full-size washer/dryer area

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $475 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 12.0% vs local median 4.7% in Bossier City — 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 71/100 on livability (#47 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F, 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.
• Zoned schools: Bossier Elementary School (math 8% / reading 17%, grade F, #550 of 646 statewide, top 88%, 222 students, 93% FRL) — zoned schools average 93% FRL vs 41% district-wide (52 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 12% at this address vs 44% district-wide (-31 pts) — the specific schools serving this property underperform the Bossier Parish average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+6.6%/yr); 425 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $688 of loan paydown is wiped out by about $3k 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 + 6.6% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 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 $49k; list at $100k implies a 103% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 63% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $99,500

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
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: 1.38% ✓
• Cap rate: 12.02%
• Cash-on-cash: 20.45%
• DSCR: 1.91
• GRM: 6.0

CMA / ARV

• ARV (median comp): $91,959
• List price: $99,500
• Delta: 8.20%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1508 Teekell St	0.17mi	3/1.0	880 (-4%)	9mo	$45,000	$51	78
1113 Shirley Ln	0.47mi	3/1.0	864 (-5%)	0mo	$119,999	$139	69
1215 Becky St	0.31mi	2/1.0 (-1)	841 (-8%)	2mo	$85,000	$101	66
4517 Donnie Ave	0.36mi	3/1.0	1,022 (+12%)	3mo	$128,000	$125	61
4826 San Antone Dr	0.72mi	2/1.0 (-1)	901 (-1%)	2mo	$35,000	$39	58
1033 Norris Dr	0.62mi	3/1.0	1,000 (+10%)	1mo	$139,999	$140	54
1022 Norris Dr	0.68mi	3/1.0	997 (+9%)	6mo	$115,000	$115	47
1013 Shirley	0.70mi	3/1.0	936 (+3%)	20mo	$67,000	$72	46
4817 Orchid Cir	0.61mi	3/1.5	1,006 (+10%)	8mo	$119,900	$119	45
4853 Lilac Cir	0.74mi	3/1.5	1,013 (+11%)	8mo	$122,000	$120	38
4604 Okeefe	0.64mi	3/1.0	1,008 (+10%)	21mo	$152,000	$151	35

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 · 6.56% rent growth · sell at horizon

5-year hold

• IRR: 16.4%
• Equity multiple: 1.69×
• Total profit: $19,174
• Equity at exit: $14,836

10-year hold

• IRR: 27.3%
• Equity multiple: 3.80×
• Total profit: $77,984
• Equity at exit: $8,603

Cash invested: $27,860 (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 71111

• Home prices YoY: -34.8%
• Rents YoY: 6.6%
• Active inventory: 425
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,371 high
• Mortgage (P&I): −$522
• Tax from tax record: −$45 /mo · $545/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $475

Break-even live

Break-even rent $770

Max offer price $99,500

Occupancy floor 60%

Sensitivity live

Price	-10% $531	-5% $503	+0% $475	+5% $447	+10% $418
Rent	-10% $366	-5% $421	+0% $475	+5% $529	+10% $583
Rate	-1.0pp $525	-0.5pp $500	base $475	+0.5pp $449	+1.0pp $423

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: $24,875
• Closing costs: $2,985
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1523 Lampkin Cir Bossier City, LA	3.0	1.0	1114	$1,150	$1.03	22d	1	0.15mi
1314 Lampkin St Bossier City, LA	2.0	1.0	1000	$1,000	$1.00	22d	1	0.19mi
1315 Norris Dr Bossier City, LA	3.0	1.0	1095	$1,150	$1.05	22d	1	0.37mi
1206 Olwen Dr Bossier City, LA	3.0	1.0	1056	$975	$0.92	15d	1	0.46mi
4612 Sullivan St Bossier City, LA	3.0	1.0	864	$1,200	$1.39	22d	1	0.53mi
5200 E Texas St Bossier City, LA	1.0–3.0	1.0–2.0	1068	$1,731	$1.62	15d	28	1.18mi
5705 E Texas St #175 Bossier City, LA	2.0	1.5	1044	$1,050	$1.01	45d	1	1.34mi
3325 E Texas St Bossier City, LA	1.0–2.0	1.0–2.0	810	$950	$1.17	22d	1	1.35mi

Listing history 5 events

1. 2026-05-18
   price $99,500 542-char remark
2. 2026-05-16
   status Active 542-char remark
3. 2026-05-07
   status Pending 542-char remark
4. 2026-05-01
   listed $99,900 Active 542-char remark
5. 2011-07-05
   soldstatus $49,000

ⓘ 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: $545 · $45/mo
• Projected year-2 tax: $547 · $46/mo
• Expected delta: +$2/yr ($0/mo · 0.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (unshaded) · 16% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 63% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,457
• − Mortgage interest: −$5,574
• − Property taxes: −$545
• − Insurance: −$498
• − Repairs & maintenance: −$1,317
• − Management: −$1,317
• − Depreciation: −$2,895
• Taxable income: $4,313
• Est. tax owed @ 24.0%: −$1,035
• After-tax cash flow: $4,662/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 — Bossier City

• Score: 71/100
• State rank: #47
• US rank: #7044

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bossier City, LA
• County: Bossier Parish · 98,704 people
• City population: 91,925
• Metro: Shreveport-Bossier City, LA
• Population (ZIP): 43,925
• Household income: $65,292
• Rent vs Own: 42.5% rent · 57.5% own
• Severe rent burden: 1942.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: White 56% Black 29% Hispanic / Latino 9% Two or more races 8% Asian 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 2% Iranian 1% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 90% English-only · Spanish 7% Vietnamese 1% French/Haitian/Cajun 1%

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: ▼ -79.78%
• Current HPI: 149.4336
• Rent YoY: ▲ 6.56%
• 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

+103.1% since first listed

6 events — show timeline

• 2026-05-21 Pending — NTREIS
• 2026-05-18 Price Changed $99,500 NTREIS
• 2026-05-16 Relisted — NTREIS
• 2026-05-07 Pending — NTREIS
• 2026-05-01 Listed $99,900 NTREIS
• 2011-07-05 Sold (Public Records) $49,000 Public Records

Property tax history

-3.0%/yr

Latest (2025): $545 · -1.3% YoY. Source: county tax records.