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1915 Saturn St
D Composite 41.62
Why this score? — see what drove the D 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 +15.8/30.0
  • DSCR +4.9/10.0
  • ARV discount +4.3/15.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • 1% rule +3.4/10.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$184,900

1915 Saturn St · Bossier City, LA 71112
3 bd · 1.5 ba · 1,259 sqft · SingleFamily public records · 40 Days on market
Built 1971 7,187 sqft lot $147/sqft · 7% above area Est $173k · 7% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Newly Remodeled 3-Bed, 2-Bath Home with Modern Upgrades Throughout! Step into this beautifully remodeled 3-bedroom, 2-bath home where style meets comfort. The open floor plan creates a bright, airy flow, perfect for both everyday living and entertaining. Enjoy brand-new flooring throughout, a stunning kitchen with quartz countertops, all-new stainless-steel appliances, and ample cabinet space. Both bathrooms have been tastefully updated with modern finishes to accentuate the rest of the house. Outside, the covered back porch patio offers ample space for family functions, a place to sip on morning coffee, or watch a summer storm blow in. A new roof provides peace of mind, while the fresh,

Key facts

  • Open floor plan
  • Quartz countertops
  • Brand-new flooring

Tags

REMODELED HOMEMODERN UPGRADESOPEN FLOOR PLANBRAND-NEW FLOORINGSTUNNING KITCHENQUARTZ COUNTERTOPS

Property features AI

Finance

  • Other: Subdivision: Sun City Sub; County: Bossier
  • Financial info: Second mortgage: none; Loan type: Treat As Clear
  • HOA & community: No association

Exterior

  • Parking: Attached carport (1 covered space) and 1 carport space; Driveway
  • Utilities: City water; City sewer; No municipal utility district
  • Home design: Single family residence; One story; Residential property
  • Construction: Built in 1971; Shingle roof; Slab foundation
  • Exterior features: Lot less than 0.5 acre (approximately 0.165 acres); Concrete driveway; Covered parking

Interior

  • Kitchen: Dishwasher; Electric cooktop; Electric oven; Gas range
  • Bedrooms: 3 bedrooms (primary bedroom on level 1)
  • Flooring: Luxury vinyl plank flooring
  • Bathrooms: 2 bathrooms (1 full, 1 half)
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: Open floorplan; Built-in features; Decorative lighting; Plantation shutters

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 3-bed/1.5-bath single-family listed at $185k.

Deal economics

  • At list price, monthly cash flow is $86 ($1k/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 $156k (15.8% below list).
  • Recommended offer: $156k (15.8% below list) — sets the bar for 1% rule.
  • Cap rate 6.9% 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.
  • Zoned schools: Bossier Elementary School (math 8% / reading 17%, grade F, #550 of 646 statewide, top 88%, 222 students, 93% FRL) — zoned schools average 93% FRL vs 41% district-wide (52 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 12% at this address vs 44% district-wide (-31 pts) — the specific schools serving this property underperform the Bossier Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+3.6%/yr); 145 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 40 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $60k; list at $185k implies a 208% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 69% 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 $155,724 (15.8% below list)

Questions for the listing agent

  1. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
0.84%
Cap rate
6.85%
Cash-on-cash
1.99%
DSCR
1.09
GRM
9.9

CMA / ARV

ARV (median comp)
$172,521
List price
$184,900
Delta
7.18%
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
2037 Orbit Dr 0.06mi 3/1.0 1,180 (-6%) 1mo $159,999 $136 84
316 Gaston Ln 0.27mi 3/2.0 1,278 (+2%) 2mo $219,900 $172 81
4214 Paul St 0.41mi 3/1.0 1,257 (-0%) 1mo $169,900 $135 78
2102 Orbit Dr 0.16mi 3/1.5 1,151 (-9%) 0mo $167,500 $146 78
4216 Evelyn St 0.27mi 3/1.0 1,172 (-7%) 2mo $164,900 $141 72
2044 Orbit Dr 0.11mi 3/1.5 1,087 (-14%) 1mo $149,000 $137 71
1819 Mars Dr 0.28mi 3/1.5 1,376 (+9%) 1mo $179,500 $130 71
1908 Alison Ave 0.26mi 4/2.0 (+1) 1,339 (+6%) 1mo $174,900 $131 69
575 Whitefield Ln 0.55mi 3/2.0 1,278 (+2%) 1mo $224,900 $176 69
604 Whitefield Ln 0.49mi 3/2.0 1,311 (+4%) 0mo $230,000 $175 68
513 Linnhurst Dr 0.33mi 3/2.0 1,134 (-10%) 1mo $210,000 $185 65
1952 Wild Iris 0.54mi 3/2.0 1,350 (+7%) 2mo $240,000 $178 60

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
-12.6%
Equity multiple
0.54×
Total profit
$-23,600
Equity at exit
$27,569
10-year hold
IRR
-2.8%
Equity multiple
0.81×
Total profit
$-9,811
Equity at exit
$15,987

Cash invested: $51,772 (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 71112

Rents YoY
3.6%
Active inventory
145
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$1,557 high interval (Pro) →
Mortgage (P&I)
$970
Tax from tax record
$98 /mo · $1,171/yr
Insurance
$77
HOA
$0
Vacancy / Maint / Mgmt
$327
Net cashflow
$86

Break-even live

Break-even rent $1,448
Max offer price $184,900
Occupancy floor 89%

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
$46,225
Closing costs
$5,547
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 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4223 Elaine St Bossier City, LA 3.0 1.0 1030 $1,475 $1.43 44d 1 0.32mi
1401 Gardenia St Bossier City, LA 2.0 1.0 878 $1,100 $1.25 21d 1 0.52mi
1711 San Saba St Bossier City, LA 3.0 1.5 1119 $1,250 $1.12 21d 1 0.54mi
4708 Longstreet Pl Bossier City, LA 3.0 1.5 1108 $1,500 $1.35 44d 1 0.57mi
4720 Longstreet Pl Bossier City, LA 3.0 2.0 1407 $1,500 $1.07 44d 1 0.60mi
3979 Stuart Ave Bossier City, LA 3.0 1.5 1135 $1,300 $1.15 14d 1 0.98mi
5005 Longstreet Pl Unit 19 Bossier City, LA 2.0 2.0 1200 $1,500 $1.25 21d 1 1.15mi
5005 Longstreet Pl #72 Bossier City, LA 3.0 2.0 1309 $1,650 $1.26 44d 1 1.15mi
530 Antietam Dr Bossier City, LA 3.0 2.0 1654 $2,300 $1.39 21d 1 1.22mi

Listing history 17 events

  1. 2026-06-18
    days on market $184,900 Active 40 DOM
  2. 2026-06-17
    price $184,900 Active 39 DOM
  3. 2026-06-17
    days on market $189,900 Active 39 DOM
  4. 2026-06-16
    days on market $189,900 Active 38 DOM
  5. 2026-06-15
    days on market $189,900 Active 37 DOM
  6. 2026-06-14
    days on market $189,900 Active 35 DOM
  7. 2026-06-13
    days on market $189,900 Active 34 DOM
  8. 2026-06-10
    days on market $189,900 Active 32 DOM
  9. 2026-06-09
    days on market $189,900 Active 31 DOM
  10. 2026-06-08
    days on market $189,900 Active 30 DOM
  11. 2026-06-07
    days on market $189,900 Active 29 DOM
  12. 2026-06-02
    days on market $189,900 Active 24 DOM
  13. 2026-06-01
    days on market $189,900 Active 23 DOM
  14. 2026-05-31
    days on market $189,900 Active 22 DOM
  15. 2026-05-30
    days on market $189,900 Active 21 DOM
  16. 2026-05-09
    listed $199,900 Active 943-char remark
  17. 2026-02-06
    soldstatus $60,000

ⓘ 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
$1,171 · $98/mo
Projected year-2 tax
$1,171 · $98/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 2/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 69% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,687
− Mortgage interest
−$10,357
− Property taxes
−$1,171
− Insurance
−$924
− Repairs & maintenance
−$1,495
− Management
−$1,495
− Depreciation
−$5,379
Taxable loss
−$2,135
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$512
After-tax cash flow
$1,544/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

Price history

+208.2% since first listed
4 events — show timeline
  • 2026-06-17 Price Changed $184,900 NTREIS
  • 2026-05-28 Price Changed $189,900 NTREIS
  • 2026-05-09 Listed $199,900 NTREIS
  • 2026-02-06 Sold (Public Records) $60,000 Public Records

Property tax history

-1.2%/yr

Latest (2025): $1,171 · -1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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