2037 Orbit Dr · Bossier City, LA 71112

$159,999

3 bd · 1.0 ba · 1,077 sqft · SingleFamily public records · 36 Days on market

Built 1972 7,144 sqft lot $149/sqft · at area comps Est $169k · 5% 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 +22.1/30.0
• ARV discount +9.8/15.0
• DSCR +7.1/10.0
• 1% rule +4.5/10.0
• Schools +3.8/10.0
• Livability +3.6/5.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming 3-bedroom, 1-bathroom home offers the perfect blend of convenience and a prime location, situated just minutes from Barksdale Air Force Base. A standout feature for qualified buyers is the VA assumable loan eligibility, providing a rare opportunity for significant savings. Inside, the kitchen boasts granite countertops and high-end custom cabinetry, complete with a built-in spice rack and a fold-out mixer stand. The layout includes a large laundry room for extra organization and a fully fenced-in yard, perfect for pets or weekend gatherings. This home offers unbeatable value for first-time home buyers looking to stop renting, investors adding to their rental portfolio, relocating military families new to the area, or for those looking to downsize from a larger property without sacrificing quality. Call your favorite Realtor and schedule a private tour!

Key facts

• Custom cabinetry
• Built-in spice rack
• Fully fenced-in yard

Tags

• GRANITE COUNTERTOPS
• CUSTOM CABINETRY
• BUILT-IN SPICE RACK
• FOLD-OUT MIXER STAND
• LARGE LAUNDRY ROOM
• FULLY FENCED-IN YARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $256 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (5.1% below list).
• Recommended offer: $152k (5.1% below list) — sets the bar for 1% rule.
• Cap rate 8.2% 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.
• Market conditions: Rents rising (+3.6%/yr); 148 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $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.

Negotiation context

• It's been on market 36 days — a 3% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $127k; 26% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 68% 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 $151,866 (5.1% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1972 — 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. 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?
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: 0.95% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.87%
• DSCR: 1.31
• GRM: 8.8

CMA / ARV

• ARV (median comp): $168,757
• List price: $159,999
• Delta: -5.19%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2044 Orbit Dr	0.05mi	3/1.5	1,087 (+1%)	1mo	$149,000	$137	93
2037 Orbit Dr	0.00mi	3/1.0	1,180 (+10%)	1mo	$159,999	$136	83
2102 Orbit Dr	0.12mi	3/1.5	1,151 (+7%)	0mo	$167,500	$146	81
4215 Evelyn St	0.33mi	3/1.0	1,085 (+1%)	4mo	$165,000	$152	80
5310 Aster St	0.40mi	3/1.0	1,052 (-2%)	0mo	$150,000	$143	77
5310 Aster St	0.40mi	3/1.0	1,052 (-2%)	2mo	$95,000	$90	76
513 Linnhurst Dr	0.28mi	3/2.0	1,134 (+5%)	1mo	$210,000	$185	73
2104 Gen Forrest Dr	0.44mi	3/1.0	1,019 (-5%)	1mo	$97,000	$95	69
1920 Alison Ave	0.29mi	3/1.0	990 (-8%)	5mo	$137,500	$139	69
4216 Evelyn St	0.33mi	3/1.0	1,172 (+9%)	2mo	$164,900	$141	68
5305 Daffodil Ave	0.26mi	3/1.0	966 (-10%)	5mo	$138,000	$143	67
1408 Azalea St	0.34mi	3/1.0	1,215 (+13%)	5mo	$149,900	$123	59

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 · 3.6% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.80×
• Total profit: $-8,758
• Equity at exit: $23,856

10-year hold

• IRR: 5.0%
• Equity multiple: 1.38×
• Total profit: $16,912
• Equity at exit: $13,834

Cash invested: $44,800 (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 71112

• Rents YoY: 3.6%
• Active inventory: 148
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,519 high
• Mortgage (P&I): −$839
• Tax from tax record: −$38 /mo · $453/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $256

Break-even live

Break-even rent $1,194

Max offer price $159,999

Occupancy floor 78%

Sensitivity live

Price	-10% $347	-5% $302	+0% $256	+5% $211	+10% $166
Rent	-10% $136	-5% $196	+0% $256	+5% $316	+10% $376
Rate	-1.0pp $337	-0.5pp $297	base $256	+0.5pp $215	+1.0pp $173

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4223 Elaine St Bossier City, LA	3.0	1.0	1030	$1,475	$1.43	45d	1	0.41mi
1401 Gardenia St Bossier City, LA	2.0	1.0	878	$1,100	$1.25	22d	1	0.47mi
4708 Longstreet Pl Bossier City, LA	3.0	1.5	1108	$1,500	$1.35	45d	1	0.48mi
4720 Longstreet Pl Bossier City, LA	3.0	2.0	1407	$1,500	$1.07	45d	1	0.52mi
1711 San Saba St Bossier City, LA	3.0	1.5	1119	$1,250	$1.12	22d	1	0.62mi
5005 Longstreet Pl Unit 19 Bossier City, LA	2.0	2.0	1200	$1,500	$1.25	22d	1	1.07mi
5005 Longstreet Pl #72 Bossier City, LA	3.0	2.0	1309	$1,650	$1.26	45d	1	1.07mi
3979 Stuart Ave Bossier City, LA	3.0	1.5	1135	$1,300	$1.15	15d	1	1.07mi

Listing history 6 events

1. 2026-05-08
   historical Active Contingent 886-char remark

   Show marketing remark (886 chars)

   This charming 3-bedroom, 1-bathroom home offers the perfect blend of convenience and a prime location, situated just minutes from Barksdale Air Force Base. A standout feature for qualified buyers is the VA assumable loan eligibility, providing a rare opportunity for significant savings. Inside, the kitchen boasts granite countertops and high-end custom cabinetry, complete with a built-in spice rack and a fold-out mixer stand. The layout includes a large laundry room for extra organization and a fully fenced-in yard, perfect for pets or weekend gatherings. This home offers unbeatable value for first-time home buyers looking to stop renting, investors adding to their rental portfolio, relocating military families new to the area, or for those looking to downsize from a larger property without sacrificing quality. Call your favorite Realtor and schedule a private tour!

2. 2026-04-14
   listed $159,999 Active 886-char remark

   Show marketing remark (886 chars)

   This charming 3-bedroom, 1-bathroom home offers the perfect blend of convenience and a prime location, situated just minutes from Barksdale Air Force Base. A standout feature for qualified buyers is the VA assumable loan eligibility, providing a rare opportunity for significant savings. Inside, the kitchen boasts granite countertops and high-end custom cabinetry, complete with a built-in spice rack and a fold-out mixer stand. The layout includes a large laundry room for extra organization and a fully fenced-in yard, perfect for pets or weekend gatherings. This home offers unbeatable value for first-time home buyers looking to stop renting, investors adding to their rental portfolio, relocating military families new to the area, or for those looking to downsize from a larger property without sacrificing quality. Call your favorite Realtor and schedule a private tour!

3. 2016-08-24
   soldstatus $127,000
4. 2006-12-01
   soldstatus $99,900
5. 2003-04-30
   soldstatus $54,221
6. 1995-04-28
   soldstatus $58,500

ⓘ 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: $453 · $38/mo
• Projected year-2 tax: $880 · $73/mo
• Expected delta: +$427/yr (+$36/mo · 94.4%)

ⓘ 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 · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 68% 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: $18,224
• − Mortgage interest: −$8,962
• − Property taxes: −$453
• − Insurance: −$800
• − Repairs & maintenance: −$1,458
• − Management: −$1,458
• − Depreciation: −$4,655
• Taxable income: $438
• Est. tax owed @ 24.0%: −$105
• After-tax cash flow: $2,970/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): 33,587
• Household income: $61,760
• Rent vs Own: 39.0% rent · 61.0% own
• Severe rent burden: 1391.0

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 0.57)
• Race & ethnicity: White 59% Black 24% Hispanic / Latino 12% Two or more races 8% Asian 2%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Lithuanian 2% Slovak 1% Scottish 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 1% Tagalog/Filipino 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: ▼ -77.48%
• Current HPI: 127.9821
• Rent YoY: ▲ 3.60%
• 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

+173.5% since first listed

6 events — show timeline

• 2026-05-08 Contingent — NTREIS
• 2026-04-14 Listed $159,999 NTREIS
• 2016-08-24 Sold (Public Records) $127,000 Public Records
• 2006-12-01 Sold (Public Records) $99,900 Public Records
• 2003-04-30 Sold (Public Records) $54,221 Public Records
• 1995-04-28 Sold (Public Records) $58,500 Public Records

Property tax history

+2.7%/yr

Latest (2025): $453 · -1.3% YoY. Source: county tax records.