4936 Okeefe St · Bossier City, LA 71111

$149,900

3 bd · 1.5 ba · 1,088 sqft · SingleFamily public records · 19 Days on market

Built 1975 7,144 sqft lot Est $124k · 21% over

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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).

• Cash flow +21.1/30.0
• DSCR +6.7/10.0
• 1% rule +4.6/10.0
• Rent growth +4.1/5.0
• Schools +3.8/10.0
• Livability +3.6/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks

Well-maintained and move-in ready, this charming 3-bedroom, 1.5-bath home offers comfort, convenience, and functional living space in a great Bossier location. The primary bedroom includes its own private half bath for added convenience. Inside, you'll also find a dedicated laundry room and a practical layout that makes everyday living easy. Step outside to enjoy the large covered rear patio—perfect for relaxing, entertaining, grilling, or enjoying outdoor space year-round. Conveniently located with quick access to both Central and East Bossier, just minutes from I-220, North Bossier shopping, dining, and everyday amenities. Also ideally situated for an easy commute to Barksdale Air F

Key facts

• Private half bath
• 7,144 sq ft lot
• Parking

Tags

• PRIVATE HALF BATH
• DEDICATED LAUNDRY ROOM
• LARGE COVERED REAR PATIO
• QUICK ACCESS TO I-220

Property features AI

Finance

• Other: Municipal Utility District: No; Possession at closing/funding; Standard listing conditions; Transaction type: For Sale
• Financial info: Listing accepts various financing types including Cash, FHA, FHA-203K, Fixed, VA Loan and other options; Second mortgage: none
• HOA & community: No homeowners association

Exterior

• Parking: Covered parking (1 covered space); 1 carport space; Driveway
• Utilities: City water; City sewer; Asphalt access
• Home design: Single family residence; Residential property; Built in 1975; One story
• Construction: Brick construction; Asphalt shingle roof; Slab foundation
• Exterior features: Lot under 0.5 acre (approx. 0.164 acres); Subdivision: Swan Lake

Interior

• Kitchen: Dishwasher
• Bedrooms: 3 bedrooms (primary bedroom on main level)
• Bathrooms: 2 bathrooms (1 full, 1 half)
• Heating & cooling: Central heating
• Interior features: One-level layout; Two total rooms (listed room count); Living area approximately 1088
• Laundry & utility: Electric dryer hookup; Utility room

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $213 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $144k (3.9% below list).
• Recommended offer: $144k (3.9% below list) — sets the bar for 1% rule.
• Cap rate 8.0% vs local median 4.7% in Bossier City — 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 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; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 716 units permitted in Bossier Parish in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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.
• At projected returns (-3.0% appreciation + 6.6% rent growth), your $42k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($148k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $90k; list at $150k implies a 67% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 66% 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 $143,989 (3.9% below list)

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.96% ✗
• Cap rate: 8.00%
• Cash-on-cash: 6.08%
• DSCR: 1.27
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $124,032
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4844 Camellia Ln	0.13mi	3/1.5	1,091 (+0%)	3mo	$149,900	$137	91
4913 Dahlia Dr	0.12mi	3/1.5	1,021 (-6%)	10mo	$105,000	$103	76
4908 Okeefe St	0.15mi	3/1.5	1,023 (-6%)	11mo	$95,900	$94	74
4853 Lilac Cir	0.20mi	3/1.5	1,013 (-7%)	8mo	$122,000	$120	72
4817 Orchid Cir	0.32mi	3/1.5	1,006 (-8%)	8mo	$119,900	$119	66
4809 Sullivan St	0.30mi	3/1.5	1,186 (+9%)	9mo	$115,000	$97	63
4717 Okeefe St	0.40mi	3/2.5	1,144 (+5%)	11mo	$129,900	$114	60
4517 Donnie Ave	0.62mi	3/1.0	1,022 (-6%)	3mo	$128,000	$125	57
4610 Voss Dr	0.68mi	3/2.0	1,126 (+4%)	9mo	$127,500	$113	53
4603 Sullivan St	0.56mi	3/1.0	1,152 (+6%)	11mo	$89,900	$78	53
4603 Okeefe St	0.55mi	3/1.0	1,248 (+15%)	3mo	$111,900	$90	46
1022 Norris Dr	0.74mi	3/1.0	997 (-8%)	6mo	$115,000	$115	44

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: -3.3%
• Equity multiple: 0.87×
• Total profit: $-5,448
• Equity at exit: $22,351

10-year hold

• IRR: 9.7%
• Equity multiple: 1.86×
• Total profit: $36,098
• Equity at exit: $12,961

Cash invested: $41,972 (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.

Methodology + full state rankings →

ZIP-level market 71111

• Home prices YoY: -34.8%
• Rents YoY: 6.6%
• Active inventory: 421
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $1,440 high
• Mortgage (P&I): −$786
• Tax from tax record: −$76 /mo · $915/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$302
• Net cashflow: $213

Break-even live

Break-even rent $1,171

Max offer price $149,900

Occupancy floor 80%

Sensitivity live

Price	-10% $298	-5% $255	+0% $213	+5% $170	+10% $128
Rent	-10% $99	-5% $156	+0% $213	+5% $270	+10% $326
Rate	-1.0pp $288	-0.5pp $251	base $213	+0.5pp $174	+1.0pp $134

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4720 Okeefe St Bossier City, LA	3.0	1.0	1212	$1,300	$1.07	21d	1	0.38mi
5705 E Texas St #175 Bossier City, LA	2.0	1.5	1044	$1,050	$1.01	44d	1	0.44mi
4612 Sullivan St Bossier City, LA	3.0	1.0	864	$1,200	$1.39	21d	1	0.50mi
5200 E Texas St Bossier City, LA	1.0–3.0	1.0–2.0	1068	$1,731	$1.62	14d	28	0.51mi
800 Venecia Dr Bossier City, LA	3.0	2.0	1363	$2,000	$1.47	44d	1	0.65mi
1206 Olwen Dr Bossier City, LA	3.0	1.0	1056	$975	$0.92	14d	1	0.76mi
1314 Lampkin St Bossier City, LA	2.0	1.0	1000	$1,000	$1.00	21d	1	0.90mi
1523 Lampkin Cir Bossier City, LA	3.0	1.0	1114	$1,150	$1.03	21d	1	1.03mi
1315 Norris Dr Bossier City, LA	3.0	1.0	1095	$1,150	$1.05	21d	1	1.05mi
1419 Teekell St Bossier City, LA	3.0	1.0	1146	$1,400	$1.22	44d	1	1.10mi

Listing history 14 events

1. 2026-06-18
   days on market $149,900 Active 19 DOM
2. 2026-06-17
   days on market $149,900 Active 18 DOM
3. 2026-06-16
   days on market $149,900 Active 17 DOM
4. 2026-06-15
   days on market $149,900 Active 16 DOM
5. 2026-06-14
   days on market $149,900 Active 14 DOM
6. 2026-06-13
   days on market $149,900 Active 13 DOM
7. 2026-06-10
   days on market $149,900 Active 11 DOM
8. 2026-06-09
   days on market $149,900 Active 10 DOM
9. 2026-06-08
   days on market $149,900 Active 9 DOM
10. 2026-06-07
    days on market $149,900 Active 8 DOM
11. 2026-06-02
    days on market $149,900 Active 3 DOM
12. 2026-06-01
    days on market $149,900 Active 2 DOM
13. 2026-05-31
    remarks 693-char remark
14. 2026-05-31
    listed $149,900 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: $915 · $76/mo
• Projected year-2 tax: $915 · $76/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 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 21 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 66% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,279
• − Mortgage interest: −$8,397
• − Property taxes: −$915
• − Insurance: −$750
• − Repairs & maintenance: −$1,382
• − Management: −$1,382
• − Depreciation: −$4,361
• Taxable income: $92
• Est. tax owed @ 24.0%: −$22
• After-tax cash flow: $2,530/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

• Census place: Bossier City, LA
• 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
▸Telecommunications	2	$23B
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

+61.2% since first listed

4 events — show timeline

• 2026-05-30 Listed $149,900 NTREIS
• 2012-09-04 Sold (Public Records) $89,900 Public Records
• 2007-05-18 Sold (Public Records) $93,000 Public Records
• 2005-03-02 Sold (Public Records) — Public Records

Property tax history

+10.6%/yr

Latest (2025): $915 · -1.3% YoY. Source: county tax records.