1305 Acorn St · Shreveport, LA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,269 – $2,357
Heat risk 7/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 66.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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 +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- 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
$24,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
62-property single-family residential portfolio available. Ideal for investors seeking scale and long-term value. Sold as a package only. Additional details available upon request.
Key facts
- 4,988 sq ft lot
- Built 1950
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $24k.
Deal economics
- At list price, monthly cash flow is $577 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($927 rent vs $24k).
- Cap rate 35.1% 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; 25 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 $927/mo this rent would consume 57% 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 $94 of equity ($166 loan paydown + $-72 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.
Negotiation context
- Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Watch-outs: built in 1950 — 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.
Questions for the listing agent
- Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 3.86% ✓
- Cap rate
- 35.12%
- Cash-on-cash
- 102.96%
- DSCR
- 5.58
- GRM
- 2.2
CMA / ARV
- ARV (on-the-fly)
- $39,375
- Comps found
- 5
Show comp detail 5 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 257 E Egan St | 0.21mi | 2/1.0 (-1) | 931 (+6%) | 13mo | $45,000 | $48 | 64 |
| 1821 Jenkins Ave | 0.47mi | 2/1.0 (-1) | 858 (-2%) | 11mo | $17,000 | $20 | 61 |
| 267 E Lister St | 0.26mi | 2/1.0 (-1) | 772 (-12%) | 5mo | $39,900 | $52 | 59 |
| 1836 Cook | 0.54mi | 2/1.0 (-1) | 853 (-2%) | 16mo | $25,000 | $29 | 52 |
| 235 E Olive St | 0.56mi | 2/1.0 (-1) | 791 (-10%) | 22mo | $35,900 | $45 | 34 |
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
- IRR
- —
- Equity multiple
- 6.31×
- Total profit
- $35,689
- Equity at exit
- $6,610
- IRR
- —
- Equity multiple
- 13.08×
- Total profit
- $81,166
- Equity at exit
- $7,664
Cash invested: $6,720 (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
ZIP-level market 71101
- Home prices YoY
- -0.4%
- Active inventory
- 61
- Price-to-rent
- 2.2×
Monthly cashflow live
- Estimated rent
- $927 high interval (Pro) →
- Mortgage (P&I)
- −$126
- Tax from tax record
- −$20 /mo · $237/yr
- Insurance
- −$10
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$195
- Net cashflow
- $577
Break-even live
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
- $6,000
- Closing costs
- $720
- 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 25 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 | 43d | 1 | 0.28mi |
| 1225 Pecan St Unit B Shreveport, LA | 3.0 | 2.0 | 1070 | $900 | $0.84 | 21d | 1 | 0.28mi |
| 1535 River Parkway Blvd Shreveport, LA | 1.0–3.0 | 1.0–2.0 | 928 | $2,042 | $2.20 | 13d | 10 | 0.49mi |
| 336 E Olive St Shreveport, LA | 2.0 | 1.0 | 600 | $595 | $0.99 | 43d | 1 | 0.51mi |
| 2317 Freewater St Shreveport, LA | 2.0 | 1.0 | 695 | $750 | $1.08 | 13d | 1 | 0.73mi |
| 402 Egan St Unit Gilbert, 1320 Shreveport, LA | 2.0 | 1.0 | 600 | $565 | $0.94 | 21d | 1 | 0.86mi |
| 2201 Naples St Bossier City, LA | 2.0 | 1.0 | 759 | $775 | $1.02 | 43d | 1 | 0.86mi |
| 409 Egan St Shreveport, LA | 2.0 | 1.0 | 1000 | $725 | $0.72 | 43d | 1 | 0.87mi |
| 204 Boulevard St Shreveport, LA | 2.0 | 1.0 | 1028 | $1,195 | $1.16 | 43d | 1 | 0.93mi |
| 2618 Roosevelt Ave Shreveport, LA | 3.0 | 1.0 | 845 | $1,000 | $1.18 | 21d | 1 | 0.94mi |
| 1301 Coates Bluff Dr Shreveport, LA | 1.0–2.0 | 1.0–2.0 | 1004 | $2,300 | $2.29 | 13d | 11 | 0.94mi |
| 517 Stoner Ave Shreveport, LA | 2.0 | 1.0 | 1100 | $625 | $0.57 | 43d | 1 | 1.01mi |
| 1225 Delhi St Bossier City, LA | 3.0 | 1.0 | 1092 | $800 | $0.73 | 21d | 1 | 1.04mi |
| 818 E Washington St Shreveport, LA | 3.0 | 1.0 | 1100 | $1,300 | $1.18 | 21d | 1 | 1.09mi |
| 140 Wilkinson St Unit 140 Shreveport, LA | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 21d | 1 | 1.10mi |
| 431 College St Shreveport, LA | 2.0 | 2.0 | 1100 | $850 | $0.77 | 13d | 1 | 1.12mi |
| 100 Crossroads Blvd Bossier City, LA | 1.0–2.0 | 1.0–2.0 | 858 | $1,299 | $1.51 | 43d | 1 | 1.14mi |
| 2903 Weyman St Shreveport, LA | 1.0–2.0 | 1.0 | 800 | $950 | $1.19 | 13d | 6 | 1.21mi |
| 305 Orleans St Bossier City, LA | 2.0 | 1.5 | 1021 | $1,000 | $0.98 | 21d | 1 | 1.30mi |
| 546 Dalzell St Shreveport, LA | 2.0 | 1.0 | 1000 | $875 | $0.88 | 21d | 1 | 1.31mi |
| 2248 Loreco St Bossier City, LA | 3.0 | 2.0 | 1073 | $1,400 | $1.30 | 43d | 1 | 1.32mi |
| 1120 Margaret St Bossier City, LA | 2.0 | 1.0 | 950 | $1,200 | $1.26 | 21d | 1 | 1.34mi |
| 205 Royal St Bossier City, LA | 2.0 | 1.5 | 1100 | $1,100 | $1.00 | 43d | 1 | 1.38mi |
| 400 John Wesley Blvd Bossier City, LA | 2.0 | 1.5 | 935 | $842 | $0.90 | 13d | 2 | 1.44mi |
| 1148 Dudley Ln Bossier City, LA | 3.0 | 1.0 | 1013 | $925 | $0.91 | 13d | 1 | 1.44mi |
Listing history 3 events
-
2026-03-14status Pending
-
2026-03-14$24,000 Active
-
2001-06-28soldstatus
ⓘ 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
- $237 · $20/mo
- Projected year-2 tax
- $237 · $20/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 ≥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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $11,122
- − Mortgage interest
- −$1,344
- − Property taxes
- −$237
- − Insurance
- −$120
- − Repairs & maintenance
- −$890
- − Management
- −$890
- − Depreciation
- −$698
- Taxable income
- $6,943
- Est. tax owed @ 24.0%
- −$1,666
- After-tax cash flow
- $5,252/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
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
- 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
3 events — show timeline
- 2026-03-14 Pending — NTREIS
- 2026-03-14 Listed $24,000 NTREIS
- 2001-06-28 Sold (Public Records) — Public Records
Property tax history
+1.0%/yrLatest (2025): $237 · -18.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…