3708 Tenth St · Alexandria, LA 71301

$75,000

3 bd · 1.0 ba · 1,094 sqft · SingleFamily public records · 18 Days on market

Built 1962 5,096 sqft lot $69/sqft · at area comps Est $71k · 6% over

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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 +5.0/15.0
• Livability +3.2/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

**Investment Opportunity - Package Deal! Calling all investors! Don't miss this chance to add two income-producing properties to your portfolio with one purchase. Located at 3708 10th Street and 3728 10th Street in Alexandria, LA, these homes offer strong rental potential and steady cash flow. Both properties feature central air and heat, storage sheds in the backyard, and have previously rented for$70 0 per month each. Property Highlights: 3708 10th Street:3 bedrooms, 1 bathroom ($75,000) 3728 10th Street: 3 bedrooms, 1 bathroom plus a bonus room ($35,000) * Central air and heat in both homes * Storage sheds included * Established rental history * Excellent addition to an investment portfolio Whether you're looking to expand your rental portfolio or begin your real estate investment journey, this package offers affordability and income potential in one convenient purchase. Schedule your showing today and explore the possibilities!

Key facts

• Brick residence
• Central air and heat
• Vaulted ceilings

Tags

• BRICK RESIDENCE
• VAULTED CEILINGS
• INDOOR LAUNDRY ROOM
• CENTRAL AIR AND HEAT

Property features AI

Exterior

• Parking: Carport
• Home design: Single-family residence
• Construction: Asbestos shingle and metal roof
• Exterior features: Workshop; Vinyl siding and brick exterior

Interior

• Bedrooms: Bedroom 1; Bedroom 2; Bedroom 3
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Living room; Three bedrooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $171 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $74k (1.5% below list) — sets the bar for market timing.
• Cap rate 15.9% vs local median 4.9% in Alexandria — 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 64/100 on livability (#160 in LA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime F, amenities F, commute F.
• Rapides Parish (urban): math 29% / reading 44% proficiency, ranked #31 of 98 in LA (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 151 active listings in the ZIP; 239 units permitted in Rapides Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Rapides County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 18 days — a 2% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago; this cycle's ask has dropped $25k (25%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 98% chance of damaging wind over 30y; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $73,875 (1.5% below list)

Questions for the listing agent

1. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.88% ✓
• Cap rate: 15.85%
• Cash-on-cash: 34.14%
• DSCR: 2.52
• GRM: 4.4

CMA / ARV

• ARV (median comp): $71,044
• List price: $75,000
• Delta: 5.57%
• Verdict: FAIR
• Comps: 3 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
406 Harold Glen St	0.47mi	3/1.0	1,176 (+8%)	16mo	$71,500	$61	52

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.95×
• Total profit: $-987
• Equity at exit: $11,183

10-year hold

• IRR: 8.8%
• Equity multiple: 1.68×
• Total profit: $14,306
• Equity at exit: $6,485

Cash invested: $21,000 (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 71301

• Home prices YoY: -23.0%
• Active inventory: 151
• Price-to-rent: 4.4×

Monthly cashflow live

• Estimated rent: $1,412 medium
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $171

Break-even live

Break-even rent $1,196

Max offer price $75,000

Occupancy floor 83%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-19
   days on market $75,000 Active 18 DOM
2. 2026-06-18
   days on market $75,000 Active 17 DOM
3. 2026-06-17
   days on market $75,000 Active 16 DOM
4. 2026-06-16
   days on market $75,000 Active 15 DOM
5. 2026-06-15
   days on market $75,000 Active 14 DOM
6. 2026-06-14
   days on market $75,000 Active 12 DOM
7. 2026-06-13
   days on market $75,000 Active 11 DOM
8. 2026-06-10
   days on market $75,000 Active 9 DOM
9. 2026-06-09
   days on market $75,000 Active 8 DOM
10. 2026-06-08
    days on market $75,000 Active 7 DOM
11. 2026-06-07
    days on market $75,000 Active 6 DOM
12. 2026-06-03
    days on market $75,000 Active 2 DOM

    Show marketing remark (945 chars)

    **Investment Opportunity - Package Deal! Calling all investors! Don't miss this chance to add two income-producing properties to your portfolio with one purchase. Located at 3708 10th Street and 3728 10th Street in Alexandria, LA, these homes offer strong rental potential and steady cash flow. Both properties feature central air and heat, storage sheds in the backyard, and have previously rented for$70 0 per month each. Property Highlights: 3708 10th Street:3 bedrooms, 1 bathroom ($75,000) 3728 10th Street: 3 bedrooms, 1 bathroom plus a bonus room ($35,000) * Central air and heat in both homes * Storage sheds included * Established rental history * Excellent addition to an investment portfolio Whether you're looking to expand your rental portfolio or begin your real estate investment journey, this package offers affordability and income potential in one convenient purchase. Schedule your showing today and explore the possibilities!

13. 2026-06-02
    days on marketlisting id $75,000 Active 1 DOM
14. 2026-06-01
    days on market $75,000 Active 64 DOM
15. 2026-05-31
    days on market $75,000 Active 63 DOM
16. 2026-05-30
    days on market $75,000 Active 62 DOM
17. 2026-05-03
    price $75,000 756-char remark
18. 2026-03-29
    listed $83,000 Active 756-char remark
19. 2020-12-10
    listed $10,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone AE · 20% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 19 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 98% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,948
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$5,494
• − Repairs & maintenance: −$1,356
• − Management: −$1,356
• − Depreciation: −$2,182
• Taxable income: $1,235
• Est. tax owed @ 24.0%: −$296
• After-tax cash flow: $1,754/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: Rapides Parish
• NCES district ID: 2201290
• Math proficiency: 29% ▼ -34.00%
• Reading proficiency: 44% ▼ -29.00%
• Median HH income: $41,057
• Composite: 30.68/100
• National rank: #6179
• State rank: #31 of 98 in LA

Livability — Alexandria

• Score: 64/100
• State rank: #160
• US rank: #13698

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Alexandria, LA
• City population: 25,138
• Population (ZIP): 17,266

Population outlook (Rapides County) Hauer SSP2

• Today (2025): 133,047 people
• By 2030: 132,333 · -0.5%
• By 2040: 129,355 · -2.8%
• By 2050: 124,535 · -6.4%
• By 2075: 110,338 · -17.1%
• By 2100: 88,641 · -33.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Black 53% White 36% Hispanic / Latino 4% Two or more races 3% Asian 2%
• Common ancestry: Lithuanian 5% Portuguese 1% Hispanic 1%
• Foreign-born: 6% · Canada, Vietnam
• Languages at home: 93% English-only · Spanish 3% Other Asian/Pacific 2% French/Haitian/Cajun 1%

Political lean MEDSL · Rapides

• 2024 margin: Solid R (+36.8) · D 31.0% · R 67.7% · Other 1.3%
• 2008→2024 swing: -8.1pp toward R · 2008: -28.7pp · 2024: -36.8pp
• All cycles: 2024: R+36.8 2020: R+32.1 2016: R+32.5 2012: R+29.6 2008: R+28.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -55.38%
• Current HPI: 184.9889
• 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

+900.0% since first listed

5 events — show timeline

• 2026-06-03 Listed $100,000 AcadianaMLS
• 2026-06-01 Listed $75,000 AcadianaMLS
• 2026-05-03 Price Changed $75,000 AcadianaMLS
• 2026-03-29 Listed $83,000 AcadianaMLS
• 2020-12-10 Listed $10,000 AcadianaMLS

Property tax history

-4.3%/yr

Latest (2025): $117 · -1.0% YoY. Source: county tax records.