3303 Frederick St · Shreveport, LA 71109

$17,500

3 bd · 1.0 ba · 840 sqft · SingleFamily public records · 3 Days on market

Built 1985 5,489 sqft lot Est $22k · 20% under

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Why this score? — see what drove the C- 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 +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Appreciation +4.4/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks

Investor special with strong upside potential. This vacant property is a prime opportunity for a full renovation project. Major exterior improvement already completed with a newer roof featuring architectural shingles installed within the last 18 months. Ideal for investors seeking a value-add property with the ability to customize and maximize returns. Property may also be purchased as part of a package deal with 135 Stoner and 2935 Quinton for a combined price of $35,000. Each property is available individually at a higher price. Bring your vision—this is a straightforward rehab opportunity with solid potential.

Key facts

• Newer roof
• 5,489 sq ft lot
• Built 1985

Tags

• FULL RENOVATION PROJECT
• NEWER ROOF
• ARCHITECTURAL SHINGLES
• MAJOR EXTERIOR IMPROVEMENT

Property features AI

Finance

• Other: County: Caddo; Country: United States
• Financial info: Second mortgage: no; Treat as clear loan type
• HOA & community: No homeowners association

Exterior

• Parking: Driveway parking
• Utilities: No utilities specified; Not in a municipal utility district
• Home design: Single family residence; Residential property; One story; Not attached to another property
• Construction: Built in 1985
• Exterior features: Lot less than 0.5 acre (approx. 0.126 acres); Subdivision: Jefferson Heights; Consult GPS for directions

Interior

• Kitchen: No appliances included
• Bedrooms: Primary bedroom on main level, about 10 x 10; Total of 2 bedrooms
• Bathrooms: 1 full bathroom
• Interior features: One-level layout; Living area approximately 840; One living area and one dining area; Other interior features
• Laundry & utility: No utility details provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $18k.

Deal economics

• At list price, monthly cash flow is $497 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($780 rent vs $18k).
• Cap rate 40.4% vs local median 5.7% 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: 123 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.2%/yr); year-one equity from $121 of loan paydown is wiped out by about $207 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 (-1.2% appreciation + 3.0% rent growth), your $5k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

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 $17,500

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: 4.46% ✓
• Cap rate: 40.36%
• Cash-on-cash: 121.68%
• DSCR: 6.41
• GRM: 1.9

CMA / ARV

• ARV (on-the-fly): $21,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3220 Jackson St	0.32mi	3/1.0	858 (+2%)	6mo	$17,000	$20	77
3145 Frederick St	0.12mi	3/2.0	900 (+7%)	10mo	$10,000	$11	70
3644 Stonewall St	0.40mi	2/1.0 (-1)	830 (-1%)	6mo	$39,900	$48	70
2810 Milton St	0.44mi	2/1.0 (-1)	869 (+4%)	3mo	$24,900	$29	66
3147 Milton St	0.17mi	2/1.0 (-1)	951 (+13%)	1mo	$31,000	$33	64
3418 Milton St	0.14mi	2/1.0 (-1)	777 (-8%)	17mo	$15,000	$19	61
3434 Judson St	0.16mi	2/1.0 (-1)	940 (+12%)	9mo	$62,500	$66	60
3211 Milton St	0.14mi	2/1.0 (-1)	961 (+14%)	9mo	$25,000	$26	57
3506 Ninock St	0.53mi	2/1.0 (-1)	877 (+4%)	13mo	$49,000	$56	52
3504 Claiborne Ave	0.63mi	3/2.0	763 (-9%)	4mo	$9,990	$13	48
3908 Sumner St	0.74mi	3/1.0	883 (+5%)	11mo	$15,000	$17	48
3615 Lakeshore Dr	0.47mi	2/1.0 (-1)	965 (+15%)	6mo	$23,500	$24	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.18% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.16×
• Total profit: $30,197
• Equity at exit: $4,073

10-year hold

• IRR: —
• Equity multiple: 14.95×
• Total profit: $68,369
• Equity at exit: $4,149

Cash invested: $4,900 (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 71109

• Home prices YoY: -2.1%
• Active inventory: 123
• Price-to-rent: 1.9×

Monthly cashflow live

• Estimated rent: $780 high
• Mortgage (P&I): −$92
• Tax from tax record: −$20 /mo · $245/yr
• Insurance: −$7
• HOA: −$0
• Vacancy / Maint / Mgmt: −$164
• Net cashflow: $497

Break-even live

Break-even rent $151

Max offer price $17,500

Occupancy floor 31%

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: $4,375
• Closing costs: $525
• Reserves months: —
• Total cash needed: —

Rent comps 16 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3515 Stonewall St Shreveport, LA	2.0	1.0	1000	$600	$0.60	13d	1	0.25mi
3240 Jackson St Shreveport, LA	2.0	1.0	1014	$700	$0.69	13d	1	0.28mi
3022 Lillian St Shreveport, LA	2.0	1.0	1115	$695	$0.62	21d	1	0.42mi
3628 Sumner St Shreveport, LA	3.0	1.0	956	$950	$0.99	44d	1	0.50mi
3902 Sumner St Shreveport, LA	2.0	1.0	900	$700	$0.78	43d	1	0.73mi
4223 Lakeshore Dr Shreveport, LA	1.0–3.0	1.0–2.0	1002	$900	$0.90	43d	1	0.82mi
3101 Harp St Shreveport, LA	3.0	1.0	839	$850	$1.01	21d	1	0.84mi
2924 DuPont St Shreveport, LA	2.0	1.0	768	$750	$0.98	21d	1	0.93mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	960	$850	$0.89	43d	1	0.97mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	750	$850	$1.13	21d	1	0.97mi
2714 DuPont St Shreveport, LA	2.0	1.0	980	$565	$0.58	13d	1	1.00mi
2520 Merwin St Shreveport, LA	3.0	1.0	924	$700	$0.76	21d	1	1.01mi
2544 DuPont St Shreveport, LA	2.0	1.0	683	$600	$0.88	21d	1	1.12mi
2712 Ashton St Shreveport, LA	2.0	1.0	875	$700	$0.80	13d	1	1.16mi
2042 Laurel St Shreveport, LA	3.0	1.0	1100	$800	$0.73	43d	1	1.16mi
509 Alabama Ave SE Shreveport, LA	2.0	1.0	700	$700	$1.00	43d	1	1.40mi

Listing history 5 events

1. 2026-06-05
   status $17,500 Pending 3 DOM
2. 2026-06-03
   days on market $17,500 Active 3 DOM
3. 2026-06-02
   days on market $17,500 Active 2 DOM
4. 2026-06-01
   remarks 621-char remark
5. 2026-06-01
   listed $17,500 Active 1 DOM

ⓘ 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: $245 · $20/mo
• Projected year-2 tax: $245 · $20/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 1/10 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: $9,363
• − Mortgage interest: −$980
• − Property taxes: −$245
• − Insurance: −$88
• − Repairs & maintenance: −$749
• − Management: −$749
• − Depreciation: −$509
• Taxable income: $6,043
• Est. tax owed @ 24.0%: −$1,450
• After-tax cash flow: $4,512/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): 17,412
• Household income: $32,939
• Rent vs Own: 58.3% rent · 41.7% own
• Severe rent burden: 1265.0

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: Predominantly Black (95%)
• Race & ethnicity: Black 95% White 4%
• Common ancestry: Lithuanian 1%
• Foreign-born: 0%

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: ▼ -1.18%
• Current HPI: 54.4158
• 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

-82.5% since first listed

4 events — show timeline

• 2026-05-01 Listed $17,500 NTREIS
• 2013-10-09 Sold (Public Records) $190,000 Public Records
• 2013-10-09 Sold (Public Records) $100,000 Public Records
• 1995-05-16 Sold (Public Records) — Public Records

Property tax history

-2.3%/yr

Latest (2025): $245 · +0.4% YoY. Source: county tax records.