6716 Burke St · Shreveport, LA 71108

$87,000

3 bd · 1.5 ba · 2,277 sqft · SingleFamily public records · 108 Days on market

Built 1953 10,659 sqft lot $38/sqft · 26% below area Est $117k · 26% under ↓ 15% since listing

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• 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

Unlock the potential of this spacious 4-bedroom, 2.5-bathroom single-family home, offering 2,272 square feet of living space — perfect for investors looking to expand their portfolio. This property features a well-laid-out floor plan with generously sized bedrooms as well as two additional office spaces, a large kitchen area, and an oversized living space that offers flexibility for tenants or future upgrades. Roof and hot water heater are only a few years old! Whether you're interested in a long-term rental, fix-and-flip opportunity, or buy-and-hold investment, this home offers the square footage and layout to make it a highly attractive asset. As-Is with no repairs. Will not go FHA or VA. Call me to be the first to see this home!

Key facts

• 0.24 acre lot
• Built 1953
• Listed 108 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $87k.

Deal economics

• At list price, monthly cash flow is $456 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $87k).
• Recommended offer: $79k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.6% 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; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
• At $1,251/mo this rent would consume 47% of the median local household income ($32k/yr) (locally 1526% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $601 of loan paydown is wiped out by about $3k 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 $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• 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 $79,170 (9.0% below list)

Questions for the listing agent

1. It's been on market 108 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 1953 — 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: 1.44% ✓
• Cap rate: 12.59%
• Cash-on-cash: 22.47%
• DSCR: 2.00
• GRM: 5.8

CMA / ARV

• ARV (median comp): $116,975
• List price: $87,000
• Delta: -25.62%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3601 Valley View Dr	0.60mi	4/2.0 (+1)	1,944 (-15%)	11mo	$158,000	$81	32

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: 14.6%
• Equity multiple: 1.58×
• Total profit: $14,145
• Equity at exit: $12,972

10-year hold

• IRR: 22.9%
• Equity multiple: 2.91×
• Total profit: $46,441
• Equity at exit: $7,522

Cash invested: $24,360 (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: 5.8×

Monthly cashflow live

• Estimated rent: $1,251 medium
• Mortgage (P&I): −$456
• Tax from tax record: −$40 /mo · $477/yr
• Insurance: −$36
• HOA: −$0
• Vacancy / Maint / Mgmt: −$263
• Net cashflow: $456

Break-even live

Break-even rent $674

Max offer price $87,000

Occupancy floor 59%

Sensitivity live

Price	-10% $505	-5% $481	+0% $456	+5% $432	+10% $407
Rent	-10% $357	-5% $407	+0% $456	+5% $506	+10% $555
Rate	-1.0pp $500	-0.5pp $478	base $456	+0.5pp $434	+1.0pp $411

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: $21,750
• Closing costs: $2,610
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
638 Bringhurst Dr Shreveport, LA	3.0	1.5	1704	$1,200	$0.70	22d	1	1.42mi

Listing history 27 events

1. 2026-06-18
   days on market $87,000 Active 108 DOM
2. 2026-06-17
   days on market $87,000 Active 107 DOM
3. 2026-06-16
   days on market $87,000 Active 106 DOM
4. 2026-06-15
   days on market $87,000 Active 105 DOM
5. 2026-06-14
   days on market $87,000 Active 103 DOM
6. 2026-06-13
   days on market $87,000 Active 102 DOM
7. 2026-06-10
   days on market $87,000 Active 100 DOM
8. 2026-06-09
   days on market $87,000 Active 99 DOM
9. 2026-06-08
   days on market $87,000 Active 98 DOM
10. 2026-06-07
    days on market $87,000 Active 97 DOM
11. 2026-06-05
    days on market $87,000 Active 94 DOM
12. 2026-06-03
    days on market $87,000 Active 93 DOM
13. 2026-06-02
    days on market $87,000 Active 92 DOM
14. 2026-06-01
    days on market $87,000 Active 91 DOM
15. 2026-05-31
    days on market $87,000 Active 90 DOM
16. 2026-05-30
    days on market $87,000 Active 89 DOM
17. 2026-03-02
    listed $87,000 Active 747-char remark

    Show marketing remark (747 chars)

    Unlock the potential of this spacious 4-bedroom, 2.5-bathroom single-family home, offering 2,272 square feet of living space — perfect for investors looking to expand their portfolio. This property features a well-laid-out floor plan with generously sized bedrooms as well as two additional office spaces, a large kitchen area, and an oversized living space that offers flexibility for tenants or future upgrades. Roof and hot water heater are only a few years old! Whether you're interested in a long-term rental, fix-and-flip opportunity, or buy-and-hold investment, this home offers the square footage and layout to make it a highly attractive asset. As-Is with no repairs. Will not go FHA or VA. Call me to be the first to see this home!

18. 2026-03-01
    historical
19. 2025-11-10
    price $90,000
20. 2025-10-27
    price $94,899
21. 2025-10-07
    price $94,900
22. 2025-09-19
    price $99,999
23. 2025-09-15
    price $100,000
24. 2025-09-01
    listed $109,900 Active
25. 2015-10-13
    soldstatus $102,500
26. 2003-12-15
    soldstatus
27. 1994-12-19
    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: $477 · $40/mo
• Projected year-2 tax: $478 · $40/mo
• Expected delta: +$1/yr ($0/mo · 0.2%)

ⓘ 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: $15,015
• − Mortgage interest: −$4,873
• − Property taxes: −$477
• − Insurance: −$435
• − Repairs & maintenance: −$1,201
• − Management: −$1,201
• − Depreciation: −$2,531
• Taxable income: $4,296
• Est. tax owed @ 24.0%: −$1,031
• After-tax cash flow: $4,443/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

-15.1% since first listed

11 events — show timeline

• 2026-03-02 Listed $87,000 NTREIS
• 2026-03-01 Listing Removed — NTREIS
• 2025-11-10 Price Changed $90,000 NTREIS
• 2025-10-27 Price Changed $94,899 NTREIS
• 2025-10-07 Price Changed $94,900 NTREIS
• 2025-09-19 Price Changed $99,999 NTREIS
• 2025-09-15 Price Changed $100,000 NTREIS
• 2025-09-01 Listed $109,900 NTREIS
• 2015-10-13 Sold (Public Records) $102,500 Public Records
• 2003-12-15 Sold (Public Records) — Public Records
• 1994-12-19 Sold (Public Records) — Public Records

Property tax history

-1.8%/yr

Latest (2025): $477 · +0.4% YoY. Source: county tax records.