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2226 Queens Hwy
B+ Composite 77.45
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
  • ARV discount +12.4/15.0
  • 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

$29,000

2226 Queens Hwy · Shreveport, LA 71103
2 bd · 1.0 ba · 903 sqft · SingleFamily public records · 1 Days on market
Built 1950 10,237 sqft lot Est $33k · 11% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

62-property single-family residential portfolio available. Ideal for investors seeking scale and long-term value. Sold as a package only. Additional details available upon request.

Key facts

  • 0.24 acre lot
  • Built 1950

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $29k.

Deal economics

  • At list price, monthly cash flow is $414 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($758 rent vs $29k).
  • Cap rate 23.4% 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: 69 active listings in the ZIP; 29 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 $152 of equity ($200 loan paydown + $-48 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 $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 64% 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 $29,000

Questions for the listing agent

  1. Built in 1950 — 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 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?
  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
2.61%
Cap rate
23.43%
Cash-on-cash
61.22%
DSCR
3.72
GRM
3.2

CMA / ARV

ARV (on-the-fly)
$32,508
Comps found
6
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2810 Milton St 0.60mi 2/1.0 869 (-4%) 3mo $24,900 $29 64
2560 Emery St 0.29mi 2/1.0 977 (+8%) 12mo $45,000 $46 62
2506 Quinton St 0.31mi 3/1.0 (+1) 840 (-7%) 20mo $17,700 $21 53
2908 Hardy St 0.61mi 2/1.0 990 (+10%) 12mo $42,998 $43 45
1628 Woodrow St 0.67mi 2/1.0 799 (-12%) 10mo $25,000 $31 41
1730 Desoto St 0.75mi 2/1.0 834 (-8%) 18mo $30,000 $36 37

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
62.9%
Equity multiple
4.12×
Total profit
$25,313
Equity at exit
$8,182
10-year hold
IRR
65.1%
Equity multiple
8.34×
Total profit
$59,577
Equity at exit
$9,646

Cash invested: $8,120 (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.

ZIP-level market 71103

Home prices YoY
-0.6%
Active inventory
69
Price-to-rent
3.2×

Monthly cashflow live

Estimated rent
$758 high interval (Pro) →
Mortgage (P&I)
$152
Tax from tax record
$20 /mo · $245/yr
Insurance
$12
HOA
$0
Vacancy / Maint / Mgmt
$159
Net cashflow
$414

Break-even live

Break-even rent $234
Max offer price $29,000
Occupancy floor 40%

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
$7,250
Closing costs
$870
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 29 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2520 Merwin St Shreveport, LA 3.0 1.0 924 $700 $0.76 21d 1 0.20mi
2544 DuPont St Shreveport, LA 2.0 1.0 683 $600 $0.88 21d 1 0.39mi
2714 DuPont St Shreveport, LA 2.0 1.0 980 $565 $0.58 13d 1 0.48mi
2924 DuPont St Shreveport, LA 2.0 1.0 768 $750 $0.98 21d 1 0.59mi
3240 Jackson St Shreveport, LA 2.0 1.0 1014 $700 $0.69 13d 1 0.90mi
2503 Malcolm St Shreveport, LA 1.0 1.0 650 $600 $0.92 43d 1 0.95mi
1353 Glen Oak Pl Shreveport, LA 2.0 1.0 1116 $800 $0.72 13d 1 0.99mi
1353 Glen Oak Pl Shreveport, LA 2.0 1.0 1116 $850 $0.76 21d 1 0.99mi
3022 Lillian St Shreveport, LA 2.0 1.0 1115 $695 $0.62 21d 1 1.06mi
4122 Cherokee St Apt 4 Shreveport, LA 2.0 1.0 960 $850 $0.89 43d 1 1.07mi
4122 Cherokee St Apt 4 Shreveport, LA 2.0 1.0 750 $850 $1.13 21d 1 1.07mi
2042 Laurel St Shreveport, LA 3.0 1.0 1100 $800 $0.73 43d 1 1.10mi
1316 Wilkinson St Shreveport, LA 1.0 1.0 1000 $600 $0.60 43d 1 1.12mi
5218 Fairfax Ave Shreveport, LA 2.0 1.0 971 $825 $0.85 21d 1 1.22mi
3515 Stonewall St Shreveport, LA 2.0 1.0 1000 $600 $0.60 13d 1 1.25mi
3628 Sumner St Shreveport, LA 3.0 1.0 956 $950 $0.99 44d 1 1.25mi
1340 Lincoln St Shreveport, LA 2.0 1.0 1120 $950 $0.85 43d 1 1.27mi
1340 Lincoln St Shreveport, LA 2.0 1.0 1120 $850 $0.76 13d 1 1.27mi
1430 Grigsby St Shreveport, LA 3.0 1.0 1052 $775 $0.74 43d 1 1.29mi
1954 State St Shreveport, LA 3.0 1.0 900 $900 $1.00 43d 1 1.31mi
5306 Prentiss Ave Shreveport, LA 3.0 1.0 957 $975 $1.02 43d 1 1.35mi
3100 Fairfield Ave Shreveport, LA 1.0–2.0 1.5–2.0 1001 $1,400 $1.40 21d 1 1.37mi
3553 W College St Shreveport, LA 1.0 1.0 600 $600 $1.00 21d 1 1.38mi
1421 Clover St Shreveport, LA 2.0 1.0 900 $675 $0.75 13d 1 1.40mi
1101 College St Shreveport, LA 1.0 1.0 700 $625 $0.89 43d 1 1.46mi
1101 College St Shreveport, LA 2.0 2.0 1100 $850 $0.77 13d 1 1.46mi
2641 Valley Ridge Rd Shreveport, LA 3.0 1.0 1045 $725 $0.69 21d 1 1.46mi
3730 Fairfield Ave Shreveport, LA 1.0 1.0 783 $1,088 $1.39 21d 1 1.47mi
3101 Harp St Shreveport, LA 3.0 1.0 839 $850 $1.01 21d 1 1.47mi

Listing history 3 events

  1. 2026-03-14
    status Pending
  2. 2026-03-14
    listed $29,000 Active
  3. 2008-06-18
    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
$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 · 21 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$9,097
− Mortgage interest
−$1,624
− Property taxes
−$245
− Insurance
−$145
− Repairs & maintenance
−$728
− Management
−$728
− Depreciation
−$844
Taxable income
$4,783
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,148
After-tax cash flow
$3,823/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

Price history

3 events — show timeline
  • 2026-03-14 Pending NTREIS
  • 2026-03-14 Listed $29,000 NTREIS
  • 2008-06-18 Sold (Public Records) Public Records

Property tax history

-1.8%/yr

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

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…