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901 Many St
B Composite 74.34
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 +11.1/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • Rent growth +3.4/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$52,500

901 Many St · Bossier City, LA 71112
2 bd · 1.0 ba · 768 sqft · SingleFamily public records · 51 Days on market
Built 1947 4,704 sqft lot $68/sqft · 8% below area Est $57k · 8% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Investment opportunity in the heart of Bossier City! Rarely do properties at this price point become available in today’s Bossier market. Conveniently located near major commute routes including I-20, I-220, Airline Drive, and just minutes from Barksdale Air Force Base, this 2-bedroom, 1-bath home offers excellent accessibility for tenants commuting throughout the Shreveport-Bossier area. Property is also near city bus routes, shopping, dining, schools, and many of the everyday conveniences that continue to make Bossier City a strong rental market. Current tenant is paying $750 per month, providing immediate income potential for investors looking to expand their portfolio. The home fe

Key facts

  • Near schools
  • Near dining
  • Near shopping

Tags

NEAR MAJOR COMMUTE ROUTESNEAR CITY BUS ROUTESNEAR SHOPPINGNEAR DININGNEAR SCHOOLSCENTRAL AIR AND HEAT

Property features AI

Finance

  • Other: Property located in Bossier County, LA (East Side Gardens subdivision)
  • Financial info: Treat as clear loan type; No second mortgage
  • HOA & community: No association

Exterior

  • Parking: Carport (covered) with space for 1 vehicle
  • Security: No smart home features reported
  • Utilities: City water; City sewer; Asphalt (service/drive)
  • Home design: Single family residence; Residential property; One story; Not attached to another property
  • Construction: Frame construction; Pillar/post/pier foundation; Built in 1947
  • Exterior features: Asphalt access/drive; City sewer and city water

Interior

  • Kitchen: Other appliances
  • Bedrooms: 2 bedrooms (primary bedroom on main level)
  • Flooring: No flooring details provided
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating; Central air conditioning
  • Interior features: One-level layout; One living area; Other interior features
  • Laundry & utility: No specific laundry/utility details provided

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 $52k.

Deal economics

  • At list price, monthly cash flow is $533 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $52k).
  • Recommended offer: $51k (3.0% below list) — sets the bar for market timing.
  • Cap rate 18.5% 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.
  • Market conditions: Rents rising (+3.6%/yr); 145 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $363 of loan paydown is wiped out by about $2k 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.
  • At projected returns (-3.0% appreciation + 3.6% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 51 days — a 3% lower offer ($51k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $38k; 38% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1947 — 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 $50,925 (3.0% below list)

Questions for the listing agent

  1. It's been on market 51 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1947 — 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. 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.
  7. 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.
  8. 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
2.07%
Cap rate
18.47%
Cash-on-cash
43.50%
DSCR
2.94
GRM
4.0

CMA / ARV

ARV (median comp)
$57,122
List price
$52,500
Delta
-8.09%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2324 Walnut St 0.53mi 2/1.0 834 (+9%) 17mo $59,000 $71 47
732 Edgar St 0.67mi 2/1.0 854 (+11%) 10mo $75,000 $88 41
2464 Barbara 0.75mi 2/1.0 850 (+11%) 8mo $24,900 $29 40

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
41.0%
Equity multiple
2.77×
Total profit
$26,089
Equity at exit
$7,828
10-year hold
IRR
47.5%
Equity multiple
5.70×
Total profit
$69,138
Equity at exit
$4,539

Cash invested: $14,700 (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
4.0×

Monthly cashflow live

Estimated rent
$1,087 high interval (Pro) →
Mortgage (P&I)
$275
Tax from tax record
$28 /mo · $340/yr
Insurance
$22
HOA
$0
Vacancy / Maint / Mgmt
$228
Net cashflow
$533

Break-even live

Break-even rent $412
Max offer price $52,500
Occupancy floor 46%

Sensitivity live

Price -10% $563 -5% $548 +0% $533 +5% $518 +10% $503
Rent -10% $447 -5% $490 +0% $533 +5% $576 +10% $619
Rate -1.0pp $559 -0.5pp $546 base $533 +0.5pp $519 +1.0pp $505

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
$13,125
Closing costs
$1,575
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2201 Naples St Bossier City, LA 2.0 1.0 759 $775 $1.02 44d 1 0.26mi
2248 Loreco St Bossier City, LA 3.0 2.0 1073 $1,400 $1.30 44d 1 0.42mi
305 Orleans St Bossier City, LA 2.0 1.5 1021 $1,000 $0.98 21d 1 0.43mi
100 Crossroads Blvd Bossier City, LA 1.0–2.0 1.0–2.0 858 $1,299 $1.51 44d 1 0.46mi
1120 Margaret St Bossier City, LA 2.0 1.0 950 $1,200 $1.26 21d 1 0.50mi
205 Royal St Bossier City, LA 2.0 1.5 1100 $1,100 $1.00 44d 1 0.50mi
400 John Wesley Blvd Bossier City, LA 2.0 1.5 935 $842 $0.90 14d 2 0.55mi
1148 Dudley Ln Bossier City, LA 3.0 1.0 1013 $925 $0.91 14d 1 0.64mi
400 Preston Blvd Bossier City, LA 1.0 1.0 706 $870 $1.23 44d 1 0.73mi
1535 River Parkway Blvd Shreveport, LA 1.0–3.0 1.0–2.0 928 $1,740 $1.88 14d 10 0.85mi
1225 Delhi St Bossier City, LA 3.0 1.0 1092 $800 $0.73 21d 1 0.87mi
1225 Pecan St Unit B Shreveport, LA 3.0 2.0 1070 $900 $0.84 21d 1 1.06mi
3204 McGregor St Bossier City, LA 3.0 1.0 1093 $1,350 $1.24 44d 1 1.13mi
253 E Jordan St Unit 251 Shreveport, LA 2.0 1.0 784 $900 $1.15 44d 1 1.17mi
1301 Coates Bluff Dr Shreveport, LA 1.0–2.0 1.0–2.0 1004 $2,300 $2.29 14d 11 1.27mi
114 Egan St Shreveport, LA 1.0 1.0 800 $550 $0.69 44d 1 1.32mi
3115 Oliver St Bossier City, LA 3.0 1.5 1067 $1,400 $1.31 14d 1 1.34mi
336 E Olive St Shreveport, LA 2.0 1.0 600 $595 $0.99 44d 1 1.36mi
1820 E Texas St Bossier City, LA 2.0 1.0 750 $850 $1.13 44d 1 1.45mi
139 Lister St Shreveport, LA 1.0 1.0 650 $600 $0.92 14d 1 1.45mi
2317 Freewater St Shreveport, LA 2.0 1.0 695 $750 $1.08 14d 1 1.46mi
2903 Weyman St Shreveport, LA 1.0–2.0 1.0 800 $950 $1.19 14d 6 1.47mi

Listing history 17 events

  1. 2026-06-18
    days on market $52,500 Active 51 DOM
  2. 2026-06-17
    days on market $52,500 Active 50 DOM
  3. 2026-06-16
    days on market $52,500 Active 49 DOM
  4. 2026-06-15
    days on market $52,500 Active 48 DOM
  5. 2026-06-14
    days on market $52,500 Active 46 DOM
  6. 2026-06-13
    days on market $52,500 Active 45 DOM
  7. 2026-06-10
    days on market $52,500 Active 43 DOM
  8. 2026-06-09
    days on market $52,500 Active 42 DOM
  9. 2026-06-08
    days on market $52,500 Active 41 DOM
  10. 2026-06-07
    days on market $52,500 Active 40 DOM
  11. 2026-06-02
    days on market $52,500 Active 35 DOM
  12. 2026-06-01
    days on market $52,500 Active 34 DOM
  13. 2026-05-31
    days on market $52,500 Active 33 DOM
  14. 2026-05-30
    days on market $52,500 Active 32 DOM
  15. 2026-04-27
    listed $52,500 Active 1048-char remark
  16. 2011-02-22
    soldstatus $38,000
  17. 2005-01-19
    soldstatus $20,000

ⓘ 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
$340 · $28/mo
Projected year-2 tax
$340 · $28/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 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥111°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 · 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
$13,040
− Mortgage interest
−$2,941
− Property taxes
−$340
− Insurance
−$262
− Repairs & maintenance
−$1,043
− Management
−$1,043
− Depreciation
−$1,527
Taxable income
$5,883
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,412
After-tax cash flow
$4,983/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

+162.5% since first listed
3 events — show timeline
  • 2026-04-27 Listed $52,500 NTREIS
  • 2011-02-22 Sold (Public Records) $38,000 Public Records
  • 2005-01-19 Sold (Public Records) $20,000 Public Records

Property tax history

-0.2%/yr

Latest (2025): $340 · -1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…