3020 Conmar St · Shreveport, LA 71108

$40,000

2 bd · 1.0 ba · 612 sqft · SingleFamily public records · 13 Days on market

Built 1996 7,100 sqft lot

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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
• Rent growth +3.1/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

A 2 Bed 1 Bath Property in Shreveport, Louisiana. This property is rented for $654.95 per month. This property is currently occupied. This is a great opportunity for any owner, occupant, or buyer looking to expand their rental portfolio. This is part of a large portfolio. Please see the agent for details.

Key facts

• 7,100 sq ft lot
• Built 1996
• Listed 12 days

Property features AI

Finance

• Other: Lot less than 0.5 acre (approximately 0.163 acres); County: Caddo, Country: United States
• Financial info: Treat as clear loan type; No second mortgage
• HOA & community: No association

Exterior

• Parking: 1 covered parking space (open parking)
• Utilities: City sewer; City water; Not in a municipal utility district
• Home design: Single family residence (residential); Property is not attached; Subdivision: Oaklane Sub
• Construction: Built in 1996; Preowned
• Exterior features: Covered porch(es)

Interior

• Kitchen: Other appliances
• Bedrooms: Primary bedroom on main level (one)
• Bathrooms: 1 full bathroom
• Interior features: One level; Living area with 1 living area and 1 dining area; Other interior features
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $40k.

Deal economics

• At list price, monthly cash flow is $316 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($723 rent vs $40k).
• Cap rate 15.8% 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: Rents rising (+2.4%/yr); 138 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 22d 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 (-3.0%/yr); year-one equity from $277 of loan paydown is wiped out by about $1k 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 (-3.0% appreciation + 2.4% rent growth), your $11k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 13 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.

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 $40,000

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: 1.81% ✓
• Cap rate: 15.77%
• Cash-on-cash: 33.83%
• DSCR: 2.51
• GRM: 4.6

CMA / ARV

• ARV (on-the-fly): $25,092
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3534 Clarke Blvd	0.70mi	3/1.0 (+1)	680 (+11%)	16mo	$28,000	$41	30

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 · 2.37% rent growth · sell at horizon

5-year hold

• IRR: 28.5%
• Equity multiple: 2.18×
• Total profit: $13,173
• Equity at exit: $5,964

10-year hold

• IRR: 35.5%
• Equity multiple: 4.17×
• Total profit: $35,515
• Equity at exit: $3,458

Cash invested: $11,200 (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 71108

• Rents YoY: 2.4%
• Active inventory: 138
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $723 high
• Mortgage (P&I): −$210
• Tax from tax record: −$29 /mo · $343/yr
• Insurance: −$17
• HOA: −$0
• Vacancy / Maint / Mgmt: −$152
• Net cashflow: $316

Break-even live

Break-even rent $323

Max offer price $40,000

Occupancy floor 51%

Sensitivity live

Price	-10% $338	-5% $327	+0% $316	+5% $304	+10% $293
Rent	-10% $259	-5% $287	+0% $316	+5% $344	+10% $373
Rate	-1.0pp $336	-0.5pp $326	base $316	+0.5pp $305	+1.0pp $295

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: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3530 Pleasant Dr Shreveport, LA	2.0	1.0	750	$725	$0.97	22d	1	0.64mi
2503 Malcolm St Shreveport, LA	1.0	1.0	650	$600	$0.92	44d	1	0.78mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	750	$850	$1.13	22d	1	1.09mi
2544 DuPont St Shreveport, LA	2.0	1.0	683	$600	$0.88	22d	1	1.24mi
1524 W 59th St Shreveport, LA	1.0	1.0	500	$600	$1.20	14d	1	1.38mi

Listing history 10 events

1. 2026-06-21
   days on market $40,000 Active 13 DOM
2. 2026-06-18
   days on market $40,000 Active 10 DOM
3. 2026-06-17
   days on market $40,000 Active 9 DOM
4. 2026-06-16
   days on market $40,000 Active 8 DOM
5. 2026-06-15
   days on market $40,000 Active 7 DOM
6. 2026-06-14
   days on market $40,000 Active 5 DOM
7. 2026-06-13
   days on market $40,000 Active 4 DOM
8. 2026-06-10
   days on market $40,000 Active 2 DOM
9. 2026-06-09
   remarks 306-char remark
10. 2026-06-09
    listed $40,000 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: $343 · $29/mo
• Projected year-2 tax: $343 · $29/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 68% 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: $8,670
• − Mortgage interest: −$2,241
• − Property taxes: −$343
• − Insurance: −$200
• − Repairs & maintenance: −$694
• − Management: −$694
• − Depreciation: −$1,164
• Taxable income: $3,336
• Est. tax owed @ 24.0%: −$801
• After-tax cash flow: $2,989/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): 18,072
• Household income: $32,055
• Rent vs Own: 63.3% rent · 36.7% own
• Severe rent burden: 1526.0

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 (83%)
• Race & ethnicity: Black 83% White 11% Hispanic / Latino 4% Two or more races 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -58.98%
• Current HPI: 58.1377
• Rent YoY: ▲ 2.37%
• 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

6 events — show timeline

• 2026-06-01 Listed $40,000 NTREIS
• 2026-01-08 Rental Removed $625 TENANTTURNER2
• 2025-12-06 Price Changed $625 TENANTTURNER2
• 2025-10-09 Price Changed $650 TENANTTURNER2
• 2025-10-01 Listed for Rent $675 TENANTTURNER2
• 1999-04-29 Sold (Public Records) — Public Records

Property tax history

-0.9%/yr

Latest (2025): $343 · +0.4% YoY. Source: county tax records.