3013 Conmar St · Shreveport, LA 71108

$45,000

2 bd · 1.0 ba · 852 sqft · SingleFamily public records · 91 Days on market

Built 1960 7,100 sqft lot $53/sqft · at area comps Est $44k · at est.

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +6.0/15.0
• Rent growth +3.1/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This 2 bedroom, 1 bath home rented at $650 per month. This would make a solid pickup for an investor's portfolio.

Key facts

• 7,100 sq ft lot
• Built 1960
• Listed 91 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $45k.

Deal economics

• At list price, monthly cash flow is $344 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($803 rent vs $45k).
• Recommended offer: $41k (9.0% below list) — sets the bar for market timing.
• Cap rate 15.5% 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: Rents rising (+2.4%/yr); 138 active listings in the ZIP; 18 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).
• This rent runs 30% of the median local income ($32k/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 $311 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 2.4% rent growth), your $13k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($41k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y 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.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 68% 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 $40,950 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
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. 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: 1.78% ✓
• Cap rate: 15.47%
• Cash-on-cash: 32.78%
• DSCR: 2.46
• GRM: 4.7

CMA / ARV

• ARV (median comp): $43,534
• List price: $45,000
• Delta: 3.37%
• 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
2724 Grassmere St	0.59mi	2/1.0	866 (+2%)	1mo	$60,000	$69	69
3101 Syphon St	0.57mi	2/1.0	840 (-1%)	10mo	$10,000	$12	63
2910 Meadow Ave	0.35mi	3/1.0 (+1)	931 (+9%)	3mo	$45,000	$48	61
2614 Lakehurst Ave	0.48mi	2/1.0	821 (-4%)	16mo	$33,800	$41	58
2645 Valley Ridge Rd	0.35mi	2/1.0	929 (+9%)	16mo	$30,000	$32	55
2816 Bibb St	0.36mi	2/1.0	936 (+10%)	14mo	$24,999	$27	55
5018 Werner	0.48mi	2/1.0	796 (-7%)	17mo	$34,800	$44	53
3127 Lindholm St	0.70mi	2/1.0	810 (-5%)	16mo	$59,500	$73	46
3007 Boone St	0.63mi	2/1.0	750 (-12%)	7mo	$18,500	$25	45
2626 Hillcrest	0.55mi	2/1.0	772 (-9%)	17mo	$45,000	$58	44
2905 Grassmere St	0.55mi	3/1.0 (+1)	912 (+7%)	17mo	$48,900	$54	44
5219 Kent Ave	0.67mi	2/1.0	782 (-8%)	17mo	$27,500	$35	41

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 · 2.37% rent growth · sell at horizon

5-year hold

• IRR: 27.2%
• Equity multiple: 2.12×
• Total profit: $14,124
• Equity at exit: $6,710

10-year hold

• IRR: 34.4%
• Equity multiple: 4.05×
• Total profit: $38,474
• Equity at exit: $3,891

Cash invested: $12,600 (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 71108

• Rents YoY: 2.4%
• Active inventory: 138
• Price-to-rent: 4.7×

Monthly cashflow live

• Estimated rent: $803 high
• Mortgage (P&I): −$236
• Tax from tax record: −$36 /mo · $427/yr
• Insurance: −$19
• HOA: −$0
• Vacancy / Maint / Mgmt: −$169
• Net cashflow: $344

Break-even live

Break-even rent $367

Max offer price $45,000

Occupancy floor 52%

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: $11,250
• Closing costs: $1,350
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2641 Valley Ridge Rd Shreveport, LA	3.0	1.0	1045	$725	$0.69	21d	1	0.36mi
5306 Prentiss Ave Shreveport, LA	3.0	1.0	957	$975	$1.02	43d	1	0.40mi
3530 Pleasant Dr Shreveport, LA	2.0	1.0	750	$725	$0.97	21d	1	0.66mi
2721 Sunnybrook St Shreveport, LA	3.0	1.0	913	$1,000	$1.10	43d	1	0.67mi
5218 Fairfax Ave Shreveport, LA	2.0	1.0	971	$825	$0.85	21d	1	0.70mi
2762 Marquette St Shreveport, LA	3.0	1.0	1054	$1,000	$0.95	21d	1	0.80mi
3051 Amherst St Shreveport, LA	3.0	1.0	994	$595	$0.60	43d	1	0.82mi
2503 Malcolm St Shreveport, LA	1.0	1.0	650	$600	$0.92	43d	1	0.83mi
1954 State St Shreveport, LA	3.0	1.0	900	$900	$1.00	43d	1	0.86mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	750	$850	$1.13	21d	1	1.16mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	960	$850	$0.89	43d	1	1.16mi
2924 DuPont St Shreveport, LA	2.0	1.0	768	$750	$0.98	21d	1	1.23mi
2714 DuPont St Shreveport, LA	2.0	1.0	980	$565	$0.58	13d	1	1.26mi
2544 DuPont St Shreveport, LA	2.0	1.0	683	$600	$0.88	21d	1	1.30mi
513 Sassafras Ave Shreveport, LA	3.0	1.0	960	$870	$0.91	21d	1	1.35mi
7137 Burlingame Blvd Shreveport, LA	3.0	1.5	1100	$700	$0.64	43d	1	1.39mi
7224 Union Ave Shreveport, LA	2.0	1.0	735	$625	$0.85	13d	1	1.45mi
2520 Merwin St Shreveport, LA	3.0	1.0	924	$700	$0.76	21d	1	1.49mi

Listing history 24 events

1. 2026-06-18
   days on market $45,000 Active 91 DOM
2. 2026-06-17
   days on market $45,000 Active 90 DOM
3. 2026-06-16
   days on market $45,000 Active 89 DOM
4. 2026-06-15
   days on market $45,000 Active 88 DOM
5. 2026-06-14
   days on market $45,000 Active 86 DOM
6. 2026-06-13
   days on market $45,000 Active 85 DOM
7. 2026-06-10
   days on market $45,000 Active 83 DOM
8. 2026-06-09
   days on market $45,000 Active 82 DOM
9. 2026-06-08
   days on market $45,000 Active 81 DOM
10. 2026-06-07
    days on market $45,000 Active 80 DOM
11. 2026-06-05
    days on market $45,000 Active 77 DOM
12. 2026-06-03
    days on market $45,000 Active 76 DOM
13. 2026-06-02
    days on market $45,000 Active 75 DOM
14. 2026-06-01
    days on market $45,000 Active 74 DOM
15. 2026-05-31
    days on market $45,000 Active 73 DOM
16. 2026-05-30
    days on market $45,000 Active 72 DOM
17. 2026-03-19
    listed $45,000 Active 114-char remark

    Show marketing remark (114 chars)

    This 2 bedroom, 1 bath home rented at $650 per month. This would make a solid pickup for an investor's portfolio.

18. 2025-12-31
    historical
19. 2025-11-23
    historical $650
20. 2025-11-07
    listed $650
21. 2025-04-26
    listed $38,000 Active
22. 2024-09-26
    historical $625
23. 2024-08-14
    listed $625
24. 2000-06-02
    soldstatus

ⓘ 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: $427 · $36/mo
• Projected year-2 tax: $427 · $36/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 68% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,638
• − Mortgage interest: −$2,521
• − Property taxes: −$427
• − Insurance: −$225
• − Repairs & maintenance: −$771
• − Management: −$771
• − Depreciation: −$1,309
• Taxable income: $3,614
• Est. tax owed @ 24.0%: −$867
• After-tax cash flow: $3,263/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): 18,072
• Household income: $32,055
• Rent vs Own: 63.3% rent · 36.7% own
• Severe rent burden: 1526.0

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: Predominantly Black (83%)
• Race & ethnicity: Black 83% White 11% Hispanic / Latino 4% Two or more races 2%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 3%

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: ▼ -58.98%
• Current HPI: 58.1377
• Rent YoY: ▲ 2.37%
• 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

+18.4% since first listed

8 events — show timeline

• 2026-03-19 Listed $45,000 NTREIS
• 2025-12-31 Listing Removed — NTREIS
• 2025-11-23 Rental Removed $650 APPFOLIO
• 2025-11-07 Listed for Rent $650 APPFOLIO
• 2025-04-26 Listed $38,000 NTREIS
• 2024-09-26 Rental Removed $625 APPFOLIO
• 2024-08-14 Listed for Rent $625 APPFOLIO
• 2000-06-02 Sold (Public Records) — Public Records

Property tax history

-1.5%/yr

Latest (2025): $427 · +0.4% YoY. Source: county tax records.