2017 Looney St · Shreveport, LA 71103

$44,000

3 bd · 1.0 ba · 1,368 sqft · SingleFamily public records · 854 Days on market

Built 1955 5,009 sqft lot $32/sqft · 48% above area Est $30k · 48% over ↓ 2% 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
• Appreciation +4.9/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• ARV discount +0.0/15.0

Listing remarks MLS

Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

Key facts

• 5,009 sq ft lot
• Built 1955
• Listed 854 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $44k.

Deal economics

• At list price, monthly cash flow is $383 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($833 rent vs $44k).
• Recommended offer: $39k (12.0% below list) — sets the bar for market timing.
• Cap rate 16.7% 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: 69 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $231 of equity ($304 loan paydown + $-73 appreciation (-0.2% local appreciation)).
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.2% appreciation + 3.0% rent growth), your $12k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 854 days — a 12% lower offer ($39k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago; this cycle's ask has dropped $11k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 66% 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 $38,720 (12.0% below list)

Questions for the listing agent

1. It's been on market 854 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.89% ✓
• Cap rate: 16.74%
• Cash-on-cash: 37.29%
• DSCR: 2.66
• GRM: 4.4

CMA / ARV

• ARV (median comp): $29,791
• List price: $44,000
• Delta: 47.70%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2031 Ashton St	0.07mi	3/1.0	1,279 (-6%)	1mo	$17,000	$13	85
2209 Murphy St	0.23mi	3/1.5	1,187 (-13%)	3mo	$40,000	$34	63
2105 Wyoming Cir	0.35mi	3/2.0	1,438 (+5%)	10mo	$96,500	$67	63
2751 Looney St	0.56mi	3/2.0	1,235 (-10%)	2mo	$19,000	$15	52
1658 Ashton St	0.42mi	2/1.0 (-1)	1,200 (-12%)	12mo	$12,000	$10	45
1514 Gary St	0.67mi	3/1.5	1,531 (+12%)	6mo	$70,000	$46	42

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

Projected returns pro-forma

-0.17% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.9%
• Equity multiple: 2.85×
• Total profit: $22,753
• Equity at exit: $12,413

10-year hold

• IRR: 41.3%
• Equity multiple: 5.59×
• Total profit: $56,583
• Equity at exit: $14,635

Cash invested: $12,320 (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 71103

• Home prices YoY: -0.6%
• Active inventory: 69
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $833 high
• Mortgage (P&I): −$231
• Tax from tax record: −$26 /mo · $317/yr
• Insurance: −$18
• HOA: −$0
• Vacancy / Maint / Mgmt: −$175
• Net cashflow: $383

Break-even live

Break-even rent $349

Max offer price $44,000

Occupancy floor 49%

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: $11,000
• Closing costs: $1,320
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2042 Laurel St Shreveport, LA	3.0	1.0	1100	$800	$0.73	43d	1	0.43mi
2712 Ashton St Shreveport, LA	2.0	1.0	875	$700	$0.80	13d	1	0.53mi
1818 Perrin St Shreveport, LA	3.0	1.5	1129	$895	$0.79	43d	1	0.59mi
1719 Lakeshore Dr Shreveport, LA	3.0	1.5	1200	$950	$0.79	43d	1	0.75mi
1928 Alston St Shreveport, LA	3.0	2.0	1100	$750	$0.68	43d	1	0.76mi
3022 Lillian St Shreveport, LA	2.0	1.0	1115	$695	$0.62	20d	1	1.07mi
1101 College St Shreveport, LA	2.0	2.0	1100	$850	$0.77	13d	1	1.34mi
624 Texas St Shreveport, LA	2.0	1.5	953	$2,358	$2.47	13d	2	1.37mi
3323 Darien St Shreveport, LA	3.0	1.0	1200	$785	$0.65	43d	1	1.39mi
3420 Darien St Shreveport, LA	2.0	1.0	1200	$665	$0.55	13d	1	1.43mi
3612 Michigan Blvd Shreveport, LA	2.0	1.0	1200	$615	$0.51	13d	1	1.43mi
2134 Queens Hwy Shreveport, LA	3.0	1.5	1374	$1,475	$1.07	20d	1	1.44mi
2811 Samford Ave Shreveport, LA	3.0	1.0	1612	$850	$0.53	13d	1	1.49mi

Listing history 29 events

1. 2026-06-18
   days on market $44,000 Active 854 DOM
2. 2026-06-17
   days on market $44,000 Active 853 DOM
3. 2026-06-16
   days on market $44,000 Active 852 DOM
4. 2026-06-15
   days on market $44,000 Active 851 DOM
5. 2026-06-14
   days on market $44,000 Active 849 DOM
6. 2026-06-13
   days on market $44,000 Active 848 DOM
7. 2026-06-10
   days on market $44,000 Active 846 DOM
8. 2026-06-09
   days on market $44,000 Active 845 DOM
9. 2026-06-08
   days on market $44,000 Active 844 DOM
10. 2026-06-07
    days on market $44,000 Active 843 DOM
11. 2026-06-05
    days on market $44,000 Active 840 DOM
12. 2026-06-03
    days on market $44,000 Active 839 DOM
13. 2026-06-02
    days on market $44,000 Active 838 DOM
14. 2026-06-01
    days on market $44,000 Active 837 DOM
15. 2026-05-31
    days on market $44,000 Active 836 DOM
16. 2026-05-30
    days on market $44,000 Active 835 DOM
17. 2026-01-12
    price $44,000 155-char remark

    Show marketing remark (155 chars)

    Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

18. 2025-07-19
    price $47,500 155-char remark

    Show marketing remark (155 chars)

    Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

19. 2025-02-28
    status Active 155-char remark

    Show marketing remark (155 chars)

    Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

20. 2025-02-25
    status Pending 155-char remark

    Show marketing remark (155 chars)

    Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

21. 2025-02-07
    price $50,000 155-char remark

    Show marketing remark (155 chars)

    Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

22. 2024-02-12
    listed $55,000 Active 155-char remark

    Show marketing remark (155 chars)

    Perfect home for Investor!!! Add this one to your Real Estate Portfolio. Can be sold individually or part of a package. Call for details!! Currently rented

23. 2022-06-24
    soldstatus Closed 415-char remark

    Show marketing remark (415 chars)

    Ready to add to your Rental Portfolio? Nice home with ready income. Home features 2 beds 2 baths with 2 living areas. One of the living areas could also be used as a 3rd bedroom. This was previously a Duplex and could be converted back with a little work to double your income! New Roof in April 2020 and property has been well kept. Add this to your collection today! Tenant Occupied, Please do not disturb.

24. 2022-05-22
    status Pending 415-char remark

    Show marketing remark (415 chars)

    Ready to add to your Rental Portfolio? Nice home with ready income. Home features 2 beds 2 baths with 2 living areas. One of the living areas could also be used as a 3rd bedroom. This was previously a Duplex and could be converted back with a little work to double your income! New Roof in April 2020 and property has been well kept. Add this to your collection today! Tenant Occupied, Please do not disturb.

25. 2022-04-27
    listed $44,900 Active 415-char remark

    Show marketing remark (415 chars)

    Ready to add to your Rental Portfolio? Nice home with ready income. Home features 2 beds 2 baths with 2 living areas. One of the living areas could also be used as a 3rd bedroom. This was previously a Duplex and could be converted back with a little work to double your income! New Roof in April 2020 and property has been well kept. Add this to your collection today! Tenant Occupied, Please do not disturb.

26. 2007-02-13
    soldstatus
27. 2006-06-02
    soldstatus
28. 2005-06-10
    soldstatus
29. 2002-02-11
    soldstatus

ⓘ 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: $317 · $26/mo
• Projected year-2 tax: $317 · $26/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 66% 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: $10,000
• − Mortgage interest: −$2,465
• − Property taxes: −$317
• − Insurance: −$220
• − Repairs & maintenance: −$800
• − Management: −$800
• − Depreciation: −$1,280
• Taxable income: $4,119
• Est. tax owed @ 24.0%: −$989
• After-tax cash flow: $3,606/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
• City population: 164,123
• Population (ZIP): 6,142

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 (81%)
• Race & ethnicity: Black 81% White 17% Hispanic / Latino 1%
• Common ancestry: Slovak 3% Hispanic 1%
• Languages at home: 99% English-only · Spanish 1%

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: ▼ -0.17%
• Current HPI: 26.3904
• 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

-2.0% since first listed

13 events — show timeline

• 2026-01-12 Price Changed $44,000 NTREIS
• 2025-07-19 Price Changed $47,500 NTREIS
• 2025-02-28 Relisted — NTREIS
• 2025-02-25 Pending — NTREIS
• 2025-02-07 Price Changed $50,000 NTREIS
• 2024-02-12 Listed $55,000 NTREIS
• 2022-06-24 Sold (MLS) — NTREIS
• 2022-05-22 Pending — NTREIS
• 2022-04-27 Listed $44,900 NTREIS
• 2007-02-13 Sold (Public Records) — Public Records
• 2006-06-02 Sold (Public Records) — Public Records
• 2005-06-10 Sold (Public Records) — Public Records
• 2002-02-11 Sold (Public Records) — Public Records

Property tax history

-1.8%/yr

Latest (2025): $317 · +0.4% YoY. Source: county tax records.