748 W 73rd 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 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 21 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 69.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ 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
- Rent growth +4.4/5.0
- Livability +3.0/5.0
- Condition / age +2.5/5.0
- Schools +2.2/10.0
- ARV discount +0.0/15.0
- Appreciation +0.0/10.0
$50,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Take a look at this great opportunity. Affordable first home or great rental opportunity. Seller's are Motivated! Call listing agent today for additional information.
Key facts
- 6,752 sq ft lot
- Built 1964
- Listed 211 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $50k.
Deal economics
- At list price, monthly cash flow is $343 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($832 rent vs $50k).
- Recommended offer: $44k (12.0% below list) — sets the bar for market timing.
- Cap rate 14.5% vs local median 5.6% 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 fast (+7.5%/yr); 487 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 53% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 221 units permitted in Caddo Parish in 2024 (0 in 5+ unit buildings).
- This rent is only 12% of the median local income ($81k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $346 of loan paydown is wiped out by about $2k 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 + 7.5% rent growth), your $14k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 211 days — a 12% lower offer ($44k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 3y 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, 69% chance of damaging wind over 30y; extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 211 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.66% ✓
- Cap rate
- 14.52%
- Cash-on-cash
- 29.40%
- DSCR
- 2.31
- GRM
- 5.0
CMA / ARV
- ARV (median comp)
- $33,584
- List price
- $50,000
- Delta
- 48.88%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 716 Harrison St | 0.36mi | 2/1.0 | 805 (+4%) | 2mo | $25,000 | $31 | 75 |
| 513 W 75th St | 0.31mi | 2/1.0 | 797 (+3%) | 8mo | $38,000 | $48 | 74 |
| 446 W 69th St | 0.48mi | 2/1.0 | 720 (-7%) | 4mo | $39,000 | $54 | 62 |
| 506 W 75th St | 0.34mi | 2/1.0 | 763 (-1%) | 24mo | $16,000 | $21 | 62 |
| 529 Sassafras Ave | 0.65mi | 2/1.0 | 792 (+2%) | 5mo | $21,000 | $27 | 61 |
| 525 Sassafras Ave | 0.66mi | 2/1.0 | 792 (+2%) | 5mo | $21,000 | $27 | 61 |
| 7028 Union Ave | 0.17mi | 3/1.0 (+1) | 873 (+13%) | 13mo | $50,000 | $57 | 54 |
| 613 Melrose St | 0.48mi | 3/1.0 (+1) | 841 (+9%) | 11mo | $52,000 | $62 | 49 |
| 557 Sassafras Ave | 0.62mi | 3/1.0 (+1) | 888 (+15%) | 14mo | $98,900 | $111 | 30 |
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 · 7.51% rent growth · sell at horizon
- IRR
- 28.6%
- Equity multiple
- 2.26×
- Total profit
- $17,680
- Equity at exit
- $7,455
- IRR
- 38.5%
- Equity multiple
- 5.38×
- Total profit
- $61,270
- Equity at exit
- $4,323
Cash invested: $14,000 (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 71106
- Rents YoY
- 7.5%
- Active inventory
- 487
- Price-to-rent
- 5.0×
Monthly cashflow live
- Estimated rent
- $832 high interval (Pro) →
- Mortgage (P&I)
- −$262
- Tax from tax record
- −$31 /mo · $373/yr
- Insurance
- −$21
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$175
- Net cashflow
- $343
Break-even live
Sensitivity live
| Price | -10% $371 | -5% $357 | +0% $343 | +5% $329 | +10% $315 |
|---|---|---|---|---|---|
| Rent | -10% $277 | -5% $310 | +0% $343 | +5% $376 | +10% $409 |
| Rate | -1.0pp $368 | -0.5pp $356 | base $343 | +0.5pp $330 | +1.0pp $317 |
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
- $12,500
- Closing costs
- $1,500
- 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 15 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 7224 Union Ave Shreveport, LA | 2.0 | 1.0 | 735 | $625 | $0.85 | 15d | 1 | 0.05mi |
| 7137 Burlingame Blvd Shreveport, LA | 3.0 | 1.5 | 1100 | $700 | $0.64 | 45d | 1 | 0.10mi |
| 622 W 75th St Shreveport, LA | 2.0 | 1.0 | 833 | $800 | $0.96 | 22d | 1 | 0.21mi |
| 7913 Woodfield Dr Shreveport, LA | 3.0 | 1.0 | 1067 | $1,000 | $0.94 | 45d | 1 | 0.48mi |
| 513 Sassafras Ave Shreveport, LA | 3.0 | 1.0 | 960 | $870 | $0.91 | 22d | 1 | 0.65mi |
| 223 W 69th St Shreveport, LA | 2.0 | 1.0 | 990 | $750 | $0.76 | 45d | 1 | 0.68mi |
| 2762 Marquette St Shreveport, LA | 3.0 | 1.0 | 1054 | $1,000 | $0.95 | 22d | 1 | 0.86mi |
| 2721 Sunnybrook St Shreveport, LA | 3.0 | 1.0 | 913 | $1,000 | $1.10 | 45d | 1 | 0.88mi |
| 323 W 83rd St Shreveport, LA | 3.0 | 1.0 | 973 | $750 | $0.77 | 45d | 1 | 0.88mi |
| 629 David Dr Shreveport, LA | 3.0 | 1.5 | 1064 | $1,100 | $1.03 | 22d | 1 | 0.89mi |
| 570 Sally Ann Dr Shreveport, LA | 3.0 | 1.0 | 1082 | $825 | $0.76 | 15d | 1 | 0.97mi |
| 8902 Coyth Ln Shreveport, LA | 3.0 | 2.0 | 1082 | $1,200 | $1.11 | 45d | 1 | 1.18mi |
| 3051 Amherst St Shreveport, LA | 3.0 | 1.0 | 994 | $595 | $0.60 | 45d | 1 | 1.32mi |
| 6002 Henderson Ave Shreveport, LA | 3.0 | 1.0 | 1059 | $1,050 | $0.99 | 45d | 1 | 1.43mi |
| 2641 Valley Ridge Rd Shreveport, LA | 3.0 | 1.0 | 1045 | $725 | $0.69 | 22d | 1 | 1.46mi |
Listing history 23 events
-
2026-06-21days on market $50,000 Active 211 DOM
-
2026-06-18days on market $50,000 Active 208 DOM
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2026-06-17days on market $50,000 Active 207 DOM
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2026-06-16days on market $50,000 Active 206 DOM
-
2026-06-15days on market $50,000 Active 205 DOM
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2026-06-14days on market $50,000 Active 203 DOM
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2026-06-13days on market $50,000 Active 202 DOM
-
2026-06-10days on market $50,000 Active 200 DOM
-
2026-06-09days on market $50,000 Active 199 DOM
-
2026-06-08days on market $50,000 Active 198 DOM
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2026-06-07days on market $50,000 Active 197 DOM
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2026-06-05days on market $50,000 Active 194 DOM
-
2026-06-03days on market $50,000 Active 193 DOM
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2026-06-02days on market $50,000 Active 192 DOM
-
2026-06-01days on market $50,000 Active 191 DOM
-
2026-05-31days on market $50,000 Active 190 DOM
-
2026-05-30days on market $50,000 Active 189 DOM
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2025-11-22$50,000 Active 166-char remark
Show marketing remark (166 chars)
Take a look at this great opportunity. Affordable first home or great rental opportunity. Seller's are Motivated! Call listing agent today for additional information.
-
2023-01-17$45,000 Active
-
2008-07-11soldstatus
-
2007-08-13soldstatus
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2005-06-10soldstatus
-
2001-01-17soldstatus
ⓘ 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
- $373 · $31/mo
- Projected year-2 tax
- $373 · $31/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 · 21 d/yr by 30 yrs out
- Wind 6/10 Major 69% 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $9,981
- − Mortgage interest
- −$2,801
- − Property taxes
- −$373
- − Insurance
- −$250
- − Repairs & maintenance
- −$798
- − Management
- −$798
- − Depreciation
- −$1,455
- Taxable income
- $3,506
- Est. tax owed @ 24.0%
- −$841
- After-tax cash flow
- $3,274/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)
- 34,117
- Household income
- $81,452
- Rent vs Own
- Severe rent burden
- 1333.0
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
- Diverse neighborhood (Simpson 0.59)
- Race & ethnicity
- White 51% Black 39% Hispanic / Latino 5% Two or more races 5%
- Hispanic origin (detail)
- Mexican 3%
- Common ancestry
- Lithuanian 3% Slovak 2% Serbian 1%
- Foreign-born
- 3% · Canada
- Languages at home
- 96% English-only · Spanish 3% Other Indo-European 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
- ▼ -86.48%
- Current HPI
- 124.2416
- Rent YoY
- ▲ 7.51%
- 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 |
|
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| Utilities | 1 | $12B |
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| Wholesale / Distribution | 1 | $5B |
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| Advertising | 1 | $2B |
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Price history
+11.1% since first listed6 events — show timeline
- 2025-11-22 Listed $50,000 NTREIS
- 2023-01-17 Listed $45,000 NTREIS
- 2008-07-11 Sold (Public Records) — Public Records
- 2007-08-13 Sold (Public Records) — Public Records
- 2005-06-10 Sold (Public Records) — Public Records
- 2001-01-17 Sold (Public Records) — Public Records
Property tax history
-1.7%/yrLatest (2025): $373 · +0.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…