5313 Prentiss Ave · Shreveport, LA 71108

$33,000

3 bd · 1.0 ba · 984 sqft · SingleFamily public records · 16 Days on market

Built 1995 Est $44k · 25% under

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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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

This affordable investment opportunity in Shreveport offers multiple profitable exit strategies. With major systems in good condition and only minor cosmetic repairs required, this property is an excellent candidate for a buy-and-hold rental or a fix-and-flip project. Property Highlights - Bathroom leak repair needed - Replace one window - Minor sheetrock repairs - Flooring updates - Appliance installation - Exterior siding Major Components (Good Condition) - Roof - Electrical system - Water heater Investment Potential - Buy & amp; Hold: Strong local rental demand with comparable properties recently renting for approximately $1,000/month. Light renovations provide a

Key facts

• Exterior siding
• Replace one window
• Flooring updates

Tags

• BATHROOM LEAK REPAIR NEEDED
• REPLACE ONE WINDOW
• MINOR SHEETROCK REPAIRS
• FLOORING UPDATES
• APPLIANCE INSTALLATION
• EXTERIOR SIDING

Property features AI

Exterior

• Home design: Single-family property built in 1995; One-story layout
• Construction: Built in 1995; Living area approximately 984
• Exterior features: Located in the Sunset Acres subdivision

🏷️ Possibly a rental listed for sale. The $33,000 price doesn't fit this home's estimated sale value (~$44,280) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $33k.

Deal economics

• At list price, monthly cash flow is $490 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($918 rent vs $33k).
• Recommended offer: $33k (1.5% below list) — sets the bar for market timing.
• Cap rate 24.1% 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: 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 34% 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 $228 of loan paydown is wiped out by about $990 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 $9k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($33k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 70% 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.

Recommended offer $32,505 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 2.78% ✓
• Cap rate: 24.12%
• Cash-on-cash: 63.67%
• DSCR: 3.83
• GRM: 3.0

CMA / ARV

• ARV (on-the-fly): $44,280
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3030 Morningside Dr	0.12mi	3/1.0	1,005 (+2%)	2mo	$53,000	$53	90
2816 Bibb St	0.18mi	2/1.0 (-1)	936 (-5%)	14mo	$24,999	$27	67
2910 Meadow Ave	0.68mi	3/1.0	931 (-5%)	3mo	$45,000	$48	57
2645 Valley Ridge Rd	0.43mi	2/1.0 (-1)	929 (-6%)	16mo	$30,000	$32	52
3101 Syphon St	0.23mi	2/1.0 (-1)	840 (-15%)	10mo	$10,000	$12	52
3250 Wagner St	0.58mi	2/1.0 (-1)	1,044 (+6%)	8mo	$29,500	$28	51
2647 Drexel St	0.59mi	3/2.0	1,079 (+10%)	2mo	$67,500	$63	50
2511 Drexel St	0.73mi	2/1.0 (-1)	1,005 (+2%)	9mo	$45,000	$45	50
2742 Lakehurst Ave	0.63mi	3/1.0	1,034 (+5%)	16mo	$79,900	$77	48
3216 Fulton St	0.72mi	2/1.0 (-1)	999 (+2%)	14mo	$20,000	$20	47
3149 Fulton St	0.68mi	2/1.0 (-1)	870 (-12%)	2mo	$34,900	$40	42
5322 Sussex Ave	0.72mi	3/1.5	1,082 (+10%)	16mo	$60,000	$55	34

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: 62.0%
• Equity multiple: 3.74×
• Total profit: $25,319
• Equity at exit: $4,920

10-year hold

• IRR: 66.4%
• Equity multiple: 7.49×
• Total profit: $59,988
• Equity at exit: $2,853

Cash invested: $9,240 (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 71108

• Rents YoY: 2.4%
• Active inventory: 138
• Price-to-rent: 3.0×

Monthly cashflow live

• Estimated rent: $918 high
• Mortgage (P&I): −$173
• Tax from tax record: −$48 /mo · $579/yr
• Insurance: −$14
• HOA: −$0
• Vacancy / Maint / Mgmt: −$193
• Net cashflow: $490

Break-even live

Break-even rent $297

Max offer price $33,000

Occupancy floor 42%

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: $8,250
• Closing costs: $990
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5306 Prentiss Ave Shreveport, LA	3.0	1.0	957	$975	$1.02	43d	1	0.05mi
2644 Valley Ridge Rd Shreveport, LA	4.0	1.0	1023	$1,100	$1.08	43d	1	0.42mi
2641 Valley Ridge Rd Shreveport, LA	3.0	1.0	1045	$725	$0.69	21d	1	0.44mi
3530 Pleasant Dr Shreveport, LA	2.0	1.0	750	$725	$0.97	21d	1	0.59mi
5218 Fairfax Ave Shreveport, LA	2.0	1.0	971	$825	$0.85	21d	1	0.66mi
2943 Hillcrest Ave Shreveport, LA	4.0	2.0	960	$1,000	$1.04	21d	1	0.77mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	750	$850	$1.13	21d	1	0.81mi
4122 Cherokee St Apt 4 Shreveport, LA	2.0	1.0	960	$850	$0.89	43d	1	0.81mi
1954 State St Shreveport, LA	3.0	1.0	900	$900	$1.00	43d	1	0.86mi
2924 DuPont St Shreveport, LA	2.0	1.0	768	$750	$0.98	21d	1	0.90mi
2714 DuPont St Shreveport, LA	2.0	1.0	980	$565	$0.58	13d	1	0.94mi
2544 DuPont St Shreveport, LA	2.0	1.0	683	$600	$0.88	21d	1	1.01mi
2721 Sunnybrook St Shreveport, LA	3.0	1.0	913	$1,000	$1.10	43d	1	1.02mi
3051 Amherst St Shreveport, LA	3.0	1.0	994	$595	$0.60	43d	1	1.12mi
2762 Marquette St Shreveport, LA	3.0	1.0	1054	$1,000	$0.95	21d	1	1.15mi
2520 Merwin St Shreveport, LA	3.0	1.0	924	$700	$0.76	21d	1	1.20mi
1749 Caroline St Shreveport, LA	4.0	1.0	1092	$975	$0.89	21d	1	1.21mi
3240 Jackson St Shreveport, LA	2.0	1.0	1014	$700	$0.69	13d	1	1.46mi

Listing history 13 events

1. 2026-06-18
   days on market $33,000 Active 16 DOM
2. 2026-06-17
   days on market $33,000 Active 15 DOM
3. 2026-06-16
   days on market $33,000 Active 14 DOM
4. 2026-06-15
   days on market $33,000 Active 13 DOM
5. 2026-06-14
   days on market $33,000 Active 11 DOM
6. 2026-06-13
   days on market $33,000 Active 10 DOM
7. 2026-06-10
   days on market $33,000 Active 8 DOM
8. 2026-06-09
   days on market $33,000 Active 7 DOM
9. 2026-06-08
   days on market $33,000 Active 6 DOM
10. 2026-06-07
    days on market $33,000 Active 5 DOM
11. 2026-06-05
    days on market $33,000 Active 2 DOM
12. 2026-06-03
    remarks 695-char remark
13. 2026-06-03
    listed $33,000 Active 1 DOM

ⓘ 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: $579 · $48/mo
• Projected year-2 tax: $579 · $48/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 70% 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: $11,017
• − Mortgage interest: −$1,849
• − Property taxes: −$579
• − Insurance: −$165
• − Repairs & maintenance: −$881
• − Management: −$881
• − Depreciation: −$960
• Taxable income: $5,703
• Est. tax owed @ 24.0%: −$1,369
• After-tax cash flow: $4,515/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

2 events — show timeline

• 2026-06-03 Listed $33,000 FSBO.com
• 1999-10-20 Sold (Public Records) — Public Records

Property tax history

+0.1%/yr

Latest (2025): $579 · +0.4% YoY. Source: county tax records.