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1035 Cressmont St
D+ Composite 48.79
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).

  • ARV discount +14.8/15.0
  • Cash flow +13.3/30.0
  • Rent growth +4.1/5.0
  • DSCR +4.0/10.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • 1% rule +2.8/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$269,000

1035 Cressmont St · Bossier City, LA 71111
4 bd · 2.0 ba · 1,948 sqft · SingleFamily public records · 65 Days on market
Built 2005 10,846 sqft lot $138/sqft · 16% below area Est $321k · 16% under

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

Listing remarks MLS

Welcome to your beautiful 4-bedroom, 2-bathroom home privately nestled in Stockwell Place. This home offers a fresh coat of paint inside and out, a spacious backyard perfect for entertaining and relaxing. Inside has an appealing open-concept floor plan that enhances family bonding and guest entertainment. The kitchen has plenty of cabinet space, an island and a water softener unit attached to the home! The remote master suite is a true retreat, offering a large bedroom, a private en-suite bathroom with his & her closets, a walk-in shower plus a garden tub great for soaking. The additional three bedrooms are perfect for family, guests, or a home office setup. The spacious utility room leads into the two-car garage with additional storage area.

Key facts

  • Spacious backyard
  • Remote master suite
  • Water softener unit

Tags

SPACIOUS BACKYARDOPEN-CONCEPT FLOOR PLANPLENTY OF CABINET SPACEWATER SOFTENER UNITREMOTE MASTER SUITEPRIVATE EN-SUITE BATHROOM

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 4-bed/2.0-bath single-family listed at $269k.

Deal economics

  • At list price, monthly cash flow is $-2 ($-25/yr) — negative.
  • To cash-flow at today's rent, offer at most $269k (0.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (22.1% below list).
  • Recommended offer: $210k (22.1% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% 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 fast (+6.6%/yr); 421 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 39% of the median local income ($65k/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 $2k of loan paydown is wiped out by about $8k 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 65 days — a 6% lower offer ($253k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $215k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 58% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $209,621 (22.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 22% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.78%
Cap rate
6.28%
Cash-on-cash
-0.03%
DSCR
1.00
GRM
10.7

CMA / ARV

ARV (median comp)
$321,245
List price
$269,000
Delta
-16.26%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1045 Cressmont St 0.03mi 4/2.0 2,053 (+5%) 23mo $295,000 $144 70
2508 Cole Cir 0.22mi 3/2.0 (-1) 1,741 (-11%) 5mo $266,900 $153 63
6019 Whitney Dr 0.17mi 4/2.0 1,809 (-7%) 23mo $250,000 $138 61
8113 Dogwood Trl 0.67mi 3/2.0 (-1) 1,900 (-2%) 1mo $259,900 $137 58
2529 Brookhaven Dr 0.24mi 3/2.0 (-1) 1,732 (-11%) 16mo $269,900 $156 52
3320 Trailview Cir 0.56mi 4/2.0 1,846 (-5%) 18mo $259,900 $141 50
2412 Stockwell Rd 0.54mi 4/3.0 2,140 (+10%) 9mo $249,898 $117 47
7903 Cedar Creek Cir 0.64mi 3/2.0 (-1) 2,064 (+6%) 12mo $269,900 $131 46
2409 Stockwell Rd 0.55mi 3/2.0 (-1) 1,667 (-14%) 1mo $165,000 $99 44
2507 Abbey Ct 0.51mi 3/3.0 (-1) 2,059 (+6%) 23mo $397,000 $193 38
2305 Brookhaven Dr 0.66mi 3/2.0 (-1) 1,735 (-11%) 12mo $260,000 $150 37
2400 Brookhaven Dr 0.60mi 3/2.0 (-1) 2,210 (+13%) 10mo $294,000 $133 36

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 · 6.56% rent growth · sell at horizon

5-year hold
IRR
-12.9%
Equity multiple
0.52×
Total profit
$-36,035
Equity at exit
$40,109
10-year hold
IRR
0.4%
Equity multiple
1.03×
Total profit
$2,419
Equity at exit
$23,258

Cash invested: $75,320 (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 71111

Home prices YoY
-34.8%
Rents YoY
6.6%
Active inventory
421
Price-to-rent
10.7×

Monthly cashflow live

Estimated rent
$2,096 high interval (Pro) →
Mortgage (P&I)
$1,411
Tax from tax record
$135 /mo · $1,624/yr
Insurance
$112
HOA
$0
Vacancy / Maint / Mgmt
$440
Net cashflow
$-2

Break-even live

Break-even rent $2,099
Max offer price $268,639
Occupancy floor 95%

Sensitivity live

Price -10% $150 -5% $74 +0% $-2 +5% $-78 +10% $-154
Rent -10% $-168 -5% $-85 +0% $-2 +5% $81 +10% $164
Rate -1.0pp $133 -0.5pp $66 base $-2 +0.5pp $-72 +1.0pp $-143

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
$67,250
Closing costs
$8,070
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6021 Whitney Dr Bossier City, LA 4.0 2.0 1780 $2,100 $1.18 44d 1 0.18mi
2523 Brookhaven Dr Bossier City, LA 3.0 2.0 1800 $1,950 $1.08 22d 1 0.28mi
6011 Jason St Bossier City, LA 3.0 2.0 1887 $2,000 $1.06 14d 1 0.30mi
8052 Fernwood Cir Haughton, LA 3.0 2.0 2005 $1,850 $0.92 14d 1 0.54mi
8509 Woodhill Ln Haughton, LA 3.0 2.0 1451 $1,650 $1.14 44d 1 1.05mi
2201 Hickory Ridge Dr Bossier City, LA 4.0 2.0 1900 $1,950 $1.03 22d 1 1.11mi

Listing history 13 events

  1. 2026-06-09
    status $269,000 Pending 65 DOM
  2. 2026-06-08
    days on market $269,000 Active 65 DOM
  3. 2026-06-07
    days on market $269,000 Active 64 DOM
  4. 2026-06-02
    days on market $269,000 Active 59 DOM
  5. 2026-06-01
    days on market $269,000 Active 58 DOM
  6. 2026-05-31
    days on market $269,000 Active 57 DOM
  7. 2026-05-30
    days on market $269,000 Active 56 DOM
  8. 2026-05-07
    price $269,000 756-char remark
    Show marketing remark (756 chars)

    Welcome to your beautiful 4-bedroom, 2-bathroom home privately nestled in Stockwell Place. This home offers a fresh coat of paint inside and out, a spacious backyard perfect for entertaining and relaxing. Inside has an appealing open-concept floor plan that enhances family bonding and guest entertainment. The kitchen has plenty of cabinet space, an island and a water softener unit attached to the home! The remote master suite is a true retreat, offering a large bedroom, a private en-suite bathroom with his & her closets, a walk-in shower plus a garden tub great for soaking. The additional three bedrooms are perfect for family, guests, or a home office setup. The spacious utility room leads into the two-car garage with additional storage area.

  9. 2026-04-15
    price $273,000 756-char remark
    Show marketing remark (756 chars)

    Welcome to your beautiful 4-bedroom, 2-bathroom home privately nestled in Stockwell Place. This home offers a fresh coat of paint inside and out, a spacious backyard perfect for entertaining and relaxing. Inside has an appealing open-concept floor plan that enhances family bonding and guest entertainment. The kitchen has plenty of cabinet space, an island and a water softener unit attached to the home! The remote master suite is a true retreat, offering a large bedroom, a private en-suite bathroom with his & her closets, a walk-in shower plus a garden tub great for soaking. The additional three bedrooms are perfect for family, guests, or a home office setup. The spacious utility room leads into the two-car garage with additional storage area.

  10. 2026-04-01
    listed $278,000 Active 756-char remark
    Show marketing remark (756 chars)

    Welcome to your beautiful 4-bedroom, 2-bathroom home privately nestled in Stockwell Place. This home offers a fresh coat of paint inside and out, a spacious backyard perfect for entertaining and relaxing. Inside has an appealing open-concept floor plan that enhances family bonding and guest entertainment. The kitchen has plenty of cabinet space, an island and a water softener unit attached to the home! The remote master suite is a true retreat, offering a large bedroom, a private en-suite bathroom with his & her closets, a walk-in shower plus a garden tub great for soaking. The additional three bedrooms are perfect for family, guests, or a home office setup. The spacious utility room leads into the two-car garage with additional storage area.

  11. 2015-10-09
    soldstatus $215,100
  12. 2007-06-26
    soldstatus $214,987
  13. 2004-05-06
    soldstatus $857,800

ⓘ 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
$1,624 · $135/mo
Projected year-2 tax
$1,624 · $135/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 · 23 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 58% 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,155
− Mortgage interest
−$15,068
− Property taxes
−$1,624
− Insurance
−$1,345
− Repairs & maintenance
−$2,012
− Management
−$2,012
− Depreciation
−$7,825
Taxable loss
−$4,732
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,136
After-tax cash flow
$1,111/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)
43,925
Household income
$65,292
Rent vs Own
42.5% rent · 57.5% own
Severe rent burden
1942.0

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 0.60)
Race & ethnicity
White 56% Black 29% Hispanic / Latino 9% Two or more races 8% Asian 3%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Lithuanian 2% Iranian 1% Slovak 1%
Foreign-born
5% · Canada, Vietnam
Languages at home
90% English-only · Spanish 7% Vietnamese 1% French/Haitian/Cajun 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
▼ -79.78%
Current HPI
149.4336
Rent YoY
▲ 6.56%
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

-68.6% since first listed
6 events — show timeline
  • 2026-05-07 Price Changed $269,000 NTREIS
  • 2026-04-15 Price Changed $273,000 NTREIS
  • 2026-04-01 Listed $278,000 NTREIS
  • 2015-10-09 Sold (Public Records) $215,100 Public Records
  • 2007-06-26 Sold (Public Records) $214,987 Public Records
  • 2004-05-06 Sold (Public Records) $857,800 Public Records

Property tax history

-3.8%/yr

Latest (2025): $1,624 · -1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…