232 E Jordan St · Shreveport, LA 71101

$83,000

3 bd · 1.0 ba · 1,164 sqft · SingleFamily public records · 59 Days on market

Built 1952 6,970 sqft lot

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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 +28.1/30.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Appreciation +4.8/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks

Charming 2 bed, 1 bath home in Shreveport that’s perfect for a first-time homebuyer or investor. This well-maintained property offers a warm and inviting feel with a functional layout and plenty of natural light throughout. Enjoy the added convenience of a gated detached garage located behind the home, great for parking, storage, or a workshop space. The property offers great potential for rental income or a cozy place to call home. Whether you’re looking to start your homeownership journey or expand your investment portfolio, this cute and move-in ready home is a great opportunity you won’t want to miss!

Key facts

• Natural light
• Functional layout
• 6,970 sq ft lot

Tags

• GATED DETACHED GARAGE
• NATURAL LIGHT
• FUNCTIONAL LAYOUT

Property features AI

Finance

• Other: Located in Caddo Parish, United States; Directions: GPS; High geocode confidence
• Financial info: Short sale condition noted; Treat as clear loan type; No second mortgage reported
• HOA & community: No association

Exterior

• Parking: Covered parking space; Driveway; 1-car garage
• Security: No smart home features reported
• Utilities: City water; City sewer; Not in a municipal utility district
• Home design: Single-family residence; Residential property; Built in 1952; Not attached to other properties; Entry level: main level
• Construction: Year built: 1952
• Exterior features: Lot under 0.5 acre; Approximately 0.16 acre lot; Subdivision: Turner Sub

Interior

• Kitchen: Other appliances
• Bedrooms: 2 bedrooms (primary bedroom on main level)
• Flooring: Not specified
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: One-level layout; Decorative fireplace; One living area; One dining area; Other interior features
• Laundry & utility: No specific laundry details provided

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $83k.

Deal economics

• At list price, monthly cash flow is $262 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($977 rent vs $83k).
• Recommended offer: $81k (3.0% below list) — sets the bar for market timing.
• Cap rate 10.1% 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: 61 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• At $977/mo this rent would consume 61% of the median local household income ($19k/yr) (locally 702% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $324 of equity ($574 loan paydown + $-250 appreciation (-0.3% 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 (-0.3% appreciation + 3.0% rent growth), your $23k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 59 days — a 3% lower offer ($81k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $58k; 42% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1952 — 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 $80,510 (3.0% below list)

Questions for the listing agent

1. It's been on market 59 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 1952 — 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 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?
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: 1.18% ✓
• Cap rate: 10.07%
• Cash-on-cash: 13.50%
• DSCR: 1.60
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $52,380
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1115 Crofton St	0.34mi	3/1.0	1,159 (-0%)	11mo	$25,000	$22	74
230 E Lister St	0.06mi	3/1.0	1,068 (-8%)	14mo	$74,950	$70	72
154 E Wyandotte St	0.21mi	3/1.5	1,264 (+9%)	6mo	$69,500	$55	69
140 E College	0.53mi	3/1.0	1,100 (-6%)	0mo	$10,000	$9	66
432 E Merrick St	0.50mi	3/1.0	1,210 (+4%)	9mo	$50,000	$41	62
261 E Lister St	0.11mi	2/1.0 (-1)	1,027 (-12%)	14mo	$46,000	$45	59
123 Lister St	0.26mi	2/1.0 (-1)	1,059 (-9%)	12mo	$65,000	$61	58
147 E Herndon St	0.19mi	2/1.0 (-1)	1,018 (-12%)	13mo	$45,000	$44	55
108 Jordan St	0.21mi	2/1.0 (-1)	1,297 (+11%)	14mo	$80,000	$62	54
110 E Prospect St	0.74mi	3/1.0	1,211 (+4%)	7mo	$87,000	$72	53
441 Wyandotte St	0.68mi	2/2.0 (-1)	1,152 (-1%)	14mo	$18,900	$16	45
204 Boulevard St	0.68mi	2/1.0 (-1)	1,028 (-12%)	6mo	$38,000	$37	39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.3% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.56×
• Total profit: $13,038
• Equity at exit: $22,859

10-year hold

• IRR: 17.0%
• Equity multiple: 2.82×
• Total profit: $42,292
• Equity at exit: $26,505

Cash invested: $23,240 (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 71101

• Home prices YoY: -0.4%
• Active inventory: 61
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $977 high
• Mortgage (P&I): −$435
• Tax from tax record: −$40 /mo · $482/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$205
• Net cashflow: $262

Break-even live

Break-even rent $646

Max offer price $83,000

Occupancy floor 68%

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: $20,750
• Closing costs: $2,490
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
253 E Jordan St Unit 251 Shreveport, LA	2.0	1.0	784	$900	$1.15	44d	1	0.05mi
143 E Herndon St Unit 143 Shreveport, LA	2.0	1.0	1200	$830	$0.69	21d	1	0.16mi
1225 Pecan St Unit B Shreveport, LA	3.0	2.0	1070	$900	$0.84	21d	1	0.22mi
127 Herndon St Shreveport, LA	2.0	1.0	1325	$800	$0.60	13d	1	0.26mi
1147 Cornwell Ave Unit 1 Shreveport, LA	3.0	2.0	1200	$895	$0.75	13d	1	0.29mi
126 E Olive St Shreveport, LA	2.0	1.0	1200	$1,500	$1.25	13d	1	0.37mi
103 E Merrick St Shreveport, LA	2.0	1.0	1200	$900	$0.75	44d	1	0.49mi
409 Egan St Shreveport, LA	2.0	1.0	1000	$725	$0.72	44d	1	0.58mi
204 Boulevard St Shreveport, LA	2.0	1.0	1028	$1,195	$1.16	44d	1	0.65mi
451 Egan St Shreveport, LA	3.0	1.5	1300	$750	$0.58	13d	1	0.66mi
517 Stoner Ave Shreveport, LA	2.0	1.0	1100	$625	$0.57	44d	1	0.73mi
1535 River Parkway Blvd Shreveport, LA	1.0–3.0	1.0–2.0	928	$2,042	$2.20	13d	10	0.74mi
406 College St Shreveport, LA	2.0	1.0	1215	$900	$0.74	44d	1	0.75mi
2515 Centenary Blvd Shreveport, LA	2.0	1.0	1200	$2,500	$2.08	13d	1	0.80mi
431 College St Shreveport, LA	2.0	2.0	1100	$850	$0.77	13d	1	0.81mi
2506 Mecom Dr Shreveport, LA	3.0	1.5	1433	$1,350	$0.94	13d	1	0.82mi
140 E Wilkinson St Shreveport, LA	3.0	3.0	1174	$1,300	$1.11	21d	1	0.83mi
315 Dalzell St Shreveport, LA	2.0	2.5	1372	$1,100	$0.80	44d	1	0.83mi
140 Wilkinson St Unit 142 Shreveport, LA	3.0	3.0	1174	$1,300	$1.11	21d	1	0.86mi
140 Wilkinson St Unit 140 Shreveport, LA	2.0	1.0	1000	$1,200	$1.20	21d	1	0.86mi
2618 Roosevelt Ave Shreveport, LA	3.0	1.0	845	$1,000	$1.18	21d	1	0.86mi
315 Robinson Pl Shreveport, LA	2.0	1.0	1161	$800	$0.69	13d	1	0.93mi
546 Dalzell St Shreveport, LA	2.0	1.0	1000	$875	$0.88	21d	1	0.99mi
2615 Judith Pl Shreveport, LA	3.0	2.0	1450	$1,600	$1.10	13d	1	1.03mi
708 College St Shreveport, LA	2.0	1.0	1156	$925	$0.80	13d	1	1.06mi
1301 Coates Bluff Dr Shreveport, LA	1.0–2.0	1.0–2.0	1004	$2,300	$2.29	13d	11	1.10mi
818 E Washington St Shreveport, LA	3.0	1.0	1100	$1,300	$1.18	21d	1	1.11mi
642 Robinson Pl Shreveport, LA	3.0	1.0	1500	$1,275	$0.85	21d	1	1.18mi
2201 Naples St Bossier City, LA	2.0	1.0	759	$775	$1.02	44d	1	1.18mi
1225 Delhi St Bossier City, LA	3.0	1.0	1092	$800	$0.73	21d	1	1.19mi
819 Boulevard St Shreveport, LA	2.0	1.0	900	$800	$0.89	21d	1	1.25mi
336 Atkins Ave Shreveport, LA	2.0	1.0	912	$900	$0.99	44d	1	1.28mi
2903 Weyman St Shreveport, LA	1.0–2.0	1.0	800	$950	$1.19	13d	6	1.35mi
100 Crossroads Blvd Bossier City, LA	1.0–2.0	1.0–2.0	858	$1,299	$1.51	44d	1	1.40mi
719 Edwards St Shreveport, LA	1.0–2.0	1.0	810	$1,275	$1.57	21d	7	1.43mi
726 Cotton St Shreveport, LA	2.0	1.0–2.0	626	$1,472	$2.35	44d	2	1.48mi
561 Forest Ave Shreveport, LA	2.0	1.0	1358	$1,350	$0.99	21d	1	1.48mi
3516 Alexander Ave Shreveport, LA	2.0	1.0	1355	$1,250	$0.92	13d	1	1.48mi
3305 Creswell Ave Shreveport, LA	2.0	1.0	1307	$1,350	$1.03	21d	1	1.49mi
229 Stephenson St Shreveport, LA	2.0	2.5	1500	$1,300	$0.87	13d	1	1.49mi

Listing history 24 events

1. 2026-06-18
   days on market $83,000 Active 59 DOM
2. 2026-06-17
   days on market $83,000 Active 58 DOM
3. 2026-06-16
   days on market $83,000 Active 57 DOM
4. 2026-06-15
   days on market $83,000 Active 56 DOM
5. 2026-06-14
   days on market $83,000 Active 54 DOM
6. 2026-06-13
   statusdays on market $83,000 Active 53 DOM
7. 2026-06-10
   days on market $83,000 Active Contingent 51 DOM
8. 2026-06-09
   days on market $83,000 Active Contingent 50 DOM
9. 2026-06-08
   days on market $83,000 Active Contingent 49 DOM
10. 2026-06-07
    days on market $83,000 Active Contingent 48 DOM
11. 2026-06-05
    days on market $83,000 Active Contingent 45 DOM
12. 2026-06-03
    days on market $83,000 Active Contingent 44 DOM
13. 2026-06-02
    days on market $83,000 Active Contingent 43 DOM
14. 2026-06-01
    days on market $83,000 Active Contingent 42 DOM
15. 2026-05-31
    days on market $83,000 Active Contingent 41 DOM
16. 2026-05-30
    days on market $83,000 Active Contingent 40 DOM
17. 2026-04-27
    historical Active Contingent
18. 2026-04-20
    listed $83,000 Active
19. 2026-03-13
    historical
20. 2026-03-13
    historical
21. 2026-03-13
    listed $74,900
22. 2020-12-09
    historical
23. 2020-06-08
    listed $74,000
24. 2009-01-30
    soldstatus $58,250

ⓘ 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: $482 · $40/mo
• Projected year-2 tax: $482 · $40/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 · 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

Taxation est. · year 1

• Rental income: $11,720
• − Mortgage interest: −$4,649
• − Property taxes: −$482
• − Insurance: −$415
• − Repairs & maintenance: −$938
• − Management: −$938
• − Depreciation: −$2,415
• Taxable income: $1,884
• Est. tax owed @ 24.0%: −$452
• After-tax cash flow: $2,686/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
• County: Caddo Parish · 178,536 people
• City population: 164,123
• Metro: Shreveport-Bossier City, LA
• Population (ZIP): 6,415
• Household income: $19,351
• Rent vs Own: 67.9% rent · 32.1% own
• Severe rent burden: 702.0

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: Majority Black (63%)
• Race & ethnicity: Black 63% White 29% Hispanic / Latino 5% Two or more races 2%
• Common ancestry: Lithuanian 1% Slovak 1%
• Foreign-born: 2% · China
• Languages at home: 98% English-only · Tagalog/Filipino 0%

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: ▼ -0.30%
• Current HPI: 74.2131
• Rent YoY: —
• 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
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+42.5% since first listed

8 events — show timeline

• 2026-04-27 Contingent — NTREIS
• 2026-04-20 Listed $83,000 NTREIS
• 2026-03-13 Listed $74,900 NTREIS
• 2026-03-13 Listing Removed — NTREIS
• 2026-03-13 Listing Removed — NTREIS
• 2020-12-09 Listing Removed — NTREIS
• 2020-06-08 Listed $74,000 NTREIS
• 2009-01-30 Sold (Public Records) $58,250 Public Records

Property tax history

+12.1%/yr

Latest (2025): $482 · +0.4% YoY. Source: county tax records.