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2110 Sweet Bay Cir
D Composite 43.36
Why this score? — see what drove the D 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).

  • ARV discount +12.1/15.0
  • Cash flow +11.1/30.0
  • Rent growth +4.1/5.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • DSCR +3.2/10.0
  • 1% rule +3.0/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$274,900

2110 Sweet Bay Cir · Bossier City, LA 71111
3 bd · 2.0 ba · 1,641 sqft · SingleFamily public records · 40 Days on market
Built 2006 0.26 ac lot $168/sqft · 9% below area Est $306k · 10% under $48/mo HOA · 2% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Will go live once we have professional photos scheduled to go live May 8.. .. This charming three bedroom two bath single story home was built in two thousand six and offers approximately one thousand six hundred fifty five square feet of comfortable living space. The open floor plan includes a spacious living area that flows easily into the dining and kitchen spaces creating a warm and inviting atmosphere perfect for everyday living or entertaining. Bright and bold interior colors give this home unique personality and character. The kitchen features plenty of cabinet and counter space and connects conveniently to the dining area for effortless gatherings. The primary suite offers privacy w

Key facts

  • Open floor plan
  • Laundry area
  • Spacious living area

Tags

OPEN FLOOR PLANSPACIOUS LIVING AREACOVERED PATIOLARGE BACKYARDLAUNDRY AREAWELL DESIGNED FLOOR PLAN

Property features AI

Finance

  • HOA & community: Mandatory association; Semi‑annual HOA fee covering grounds maintenance; Community pool; Playground

Exterior

  • Parking: Attached 2-car garage (approx. 21' wide x 20' deep); 2 covered/carport spaces; Driveway
  • Utilities: City water; City sewer; Not in a municipal utility district
  • Home design: Single-family residence; One story; Residential property
  • Construction: Shingle roof; Slab foundation; Built in 2006
  • Exterior features: Covered patio/porch

Interior

  • Kitchen: Dishwasher; Disposal; Electric range; Plumbed for gas in kitchen
  • Bedrooms: Primary bedroom (first floor) with dual sinks, jetted tub and separate shower; Two additional bedrooms (first floor)
  • Flooring: Carpet; Ceramic tile
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central heating (natural gas); Central electric air conditioning
  • Interior features: Double vanity; High-speed internet available; Kitchen island; Pantry; Walk-in closet(s)
  • Laundry & utility: Full-size washer/dryer area; Washer hookup; Electric dryer hookup; Gas dryer hookup; Gas water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $275k.

Deal economics

  • At list price, monthly cash flow is $-237 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $233k (15.2% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $220k (20.0% below list).
  • Recommended offer: $220k (20.0% below list) — sets the bar for 1% rule.
  • Cap rate 5.8% vs local median 4.7% in Bossier City — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 71/100 on livability (#47 in LA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
  • Bossier Parish (urban): math 40% / reading 47% proficiency, ranked #17 of 98 in LA (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Bossier Elementary School (math 8% / reading 17%, grade F, #550 of 646 statewide, top 88%, 222 students, 93% FRL) — zoned schools average 93% FRL vs 41% district-wide (52 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 12% at this address vs 44% district-wide (-31 pts) — the specific schools serving this property underperform the Bossier Parish average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising fast (+6.6%/yr); 421 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).
  • This rent runs 40% of the median local income ($65k/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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Bossier County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 40 days — a 3% lower offer ($267k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); major wind risk, 67% 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 $219,825 (20.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  7. 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?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. 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
0.80%
Cap rate
5.81%
Cash-on-cash
-1.74%
DSCR
0.92
GRM
10.4

CMA / ARV

ARV (median comp)
$306,308
List price
$274,900
Delta
-10.25%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2114 Sweet Bay Cir 0.03mi 3/2.0 1,542 (-6%) 13mo $279,000 $181 78
3070 Dublin Way 0.39mi 3/2.0 1,549 (-6%) 5mo $284,900 $184 68
606 Perfect Pl 0.69mi 3/2.5 1,676 (+2%) 2mo $265,000 $158 60
3514 Grand Cane Ln 0.45mi 3/2.0 1,560 (-5%) 14mo $273,500 $175 60
4012 False River Dr 0.73mi 3/2.0 1,552 (-5%) 2mo $275,000 $177 56
613 Perfect Pl 0.71mi 3/2.5 1,650 (+0%) 11mo $310,000 $188 55
100 Grand Cane Ct 0.65mi 3/2.0 1,549 (-6%) 7mo $279,870 $181 54
615 Perfect Pl 0.72mi 3/2.0 1,562 (-5%) 15mo $307,900 $197 46
109 Katy Ln 0.63mi 3/2.0 1,862 (+14%) 10mo $387,500 $208 40
306 Prien Lake Loop 0.74mi 3/2.0 1,807 (+10%) 10mo $331,840 $184 40
116 Willow Lake Blvd 0.74mi 3/2.0 1,872 (+14%) 3mo $279,500 $149 39
409 Perfect Pl 0.72mi 2/2.0 (-1) 1,411 (-14%) 16mo $275,000 $195 25

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 · 6.56% rent growth · sell at horizon

5-year hold
IRR
-18.4%
Equity multiple
0.33×
Total profit
$-51,393
Equity at exit
$40,988
10-year hold
IRR
-4.8%
Equity multiple
0.64×
Total profit
$-27,842
Equity at exit
$23,768

Cash invested: $76,972 (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.

ZIP-level market 71111

Home prices YoY
-34.8%
Rents YoY
6.6%
Active inventory
421
Price-to-rent
10.4×

Monthly cashflow live

Estimated rent
$2,198 high interval (Pro) →
Mortgage (P&I)
$1,442
Tax from tax record
$244 /mo · $2,928/yr
Insurance
$115
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$48
Vacancy / Maint / Mgmt
$462
Net cashflow
$-237

Break-even live

Break-even rent $2,498
Max offer price $233,072
Occupancy floor

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
$68,725
Closing costs
$8,247
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2353 Tallgrass Cir Bossier City, LA 3.0 2.0 2007 $2,350 $1.17 21d 1 0.31mi
3461 Grand Cane Ln Bossier City, LA 3.0 2.0 1297 $2,100 $1.62 13d 1 0.53mi
3283 Grand Lake Dr Bossier City, LA 3.0 2.0 1302 $1,950 $1.50 21d 1 0.55mi
814 Abita Chase Bossier City, LA 3.0 2.0 1881 $2,300 $1.22 13d 1 0.65mi
604 Labarre Ln Bossier City, LA 4.0 2.5 2115 $2,800 $1.32 21d 1 0.67mi
619 Labarre Ln Bossier City, LA 3.0 2.0 1987 $2,400 $1.21 21d 1 0.75mi
3055 Vanceville Rd Bossier City, LA 2.0–3.0 2.0 1112 $1,995 $1.79 13d 6 0.78mi
3348 Grand Lake Dr Bossier City, LA 3.0 2.0 1800 $2,100 $1.17 21d 1 0.81mi
217 Norwell Ln Bossier City, LA 4.0 2.5 1851 $2,400 $1.30 21d 1 1.14mi
90 Kingston Xing Bossier City, LA 1.0–3.0 1.0–2.0 1150 $2,015 $1.75 13d 14 1.17mi
606 Acacia Dr Bossier City, LA 3.0 2.0 1765 $2,200 $1.25 21d 1 1.44mi

HOA detail

Monthly dues
$48 · $576/yr

Listing history 16 events

  1. 2026-06-18
    days on market $274,900 Active 40 DOM
  2. 2026-06-17
    days on market $274,900 Active 39 DOM
  3. 2026-06-16
    days on market $274,900 Active 38 DOM
  4. 2026-06-15
    days on market $274,900 Active 37 DOM
  5. 2026-06-14
    days on market $274,900 Active 35 DOM
  6. 2026-06-13
    days on market $274,900 Active 34 DOM
  7. 2026-06-10
    days on market $274,900 Active 32 DOM
  8. 2026-06-09
    days on market $274,900 Active 31 DOM
  9. 2026-06-08
    days on market $274,900 Active 30 DOM
  10. 2026-06-07
    pricedays on market $274,900 Active 29 DOM
  11. 2026-06-02
    days on market $279,000 Active 24 DOM
  12. 2026-06-01
    days on market $279,000 Active 23 DOM
  13. 2026-05-31
    days on market $279,000 Active 22 DOM
  14. 2026-05-30
    days on market $279,000 Active 21 DOM
  15. 2026-05-06
    listed $279,000 Active 1572-char remark
  16. 2006-05-04
    soldstatus $1,544,000

ⓘ 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
$2,928 · $244/mo
Projected year-2 tax
$2,928 · $244/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 A · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 67% 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$26,379
− Mortgage interest
−$15,399
− Property taxes
−$2,928
− Insurance
−$2,877
− Repairs & maintenance
−$2,110
− Management
−$2,110
− HOA
−$576
− Depreciation
−$7,997
Taxable loss
−$7,619
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,829
After-tax cash flow
$-1,013/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
Bossier Parish
NCES district ID
2200270
Math proficiency
40% ▼ -32.00%
Reading proficiency
47% ▼ -28.00%
Median HH income
$51,326
Composite
37.5/100
National rank
#4402
State rank
#17 of 98 in LA

Livability — Bossier City

Score
71/100
State rank
#47
US rank
#7044

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment D+ Housing A+ Health & safety A- User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Bossier Parish · 98,704 people
City population
91,925
Metro
Shreveport-Bossier City, LA
Population (ZIP)
43,925
Household income
$65,292
Rent vs Own
42.5% rent · 57.5% own
Severe rent burden
1942.0

Population outlook (Bossier County) Hauer SSP2

Today (2025)
143,247 people
By 2030
151,802 · +6.0%
By 2040
168,194 · +17.4%
By 2050
183,533 · +28.1%
By 2075
217,009 · +51.5%
By 2100
230,091 · +60.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 56% Black 29% Hispanic / Latino 9% Two or more races 8% Asian 3%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Lithuanian 2% Iranian 1% Slovak 1%
Foreign-born
5% · Canada, Vietnam
Languages at home
90% English-only · Spanish 7% Vietnamese 1% French/Haitian/Cajun 1%

Political lean MEDSL · Bossier

2024 margin
Solid R (+43.3) · D 27.7% · R 71.0% · Other 1.3%
2008→2024 swing
+0.3pp no change · 2008: -43.7pp · 2024: -43.3pp
All cycles
2024: R+43.3 2020: R+41.0 2016: R+45.8 2012: R+45.4 2008: R+43.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -79.78%
Current HPI
149.4336
Rent YoY
▲ 6.56%
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

Price history

-82.2% since first listed
3 events — show timeline
  • 2026-06-05 Price Changed $274,900 NTREIS
  • 2026-05-06 Listed $279,000 NTREIS
  • 2006-05-04 Sold (Public Records) $1,544,000 Public Records

Property tax history

+7.0%/yr

Latest (2025): $2,928 · -1.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…