836 Wright St · Shreveport, LA 71106

$48,000

2 bd · 1.0 ba · 950 sqft · SingleFamily public records · 21 Days on market

Built 1955 5,227 sqft lot Est $85k · 43% under

---

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 +4.4/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks

Great investment opportunity with a long-term tenant in place on a month to month lease at $600 per month. This 3 bedroom, 1 bathroom home offers a functional layout with an eat-in kitchen featuring tile countertops, a gas range, and a gas hot water heater. Interior finishes include a mix of carpet, tile and vinyl flooring throughout. The home also includes central heat and air for year round comfort, along with a dedicated space for a full size washer and dryer. A solid rental property with stable occupancy and dependable income. Do not disturb tenant.

Key facts

• Gas hot water heater
• Tile countertops
• Central heat and air

Tags

• INVESTMENT OPPORTUNITY
• EAT IN KITCHEN
• TILE COUNTERTOPS
• GAS RANGE
• GAS HOT WATER HEATER
• CENTRAL HEAT AND AIR

Property features AI

Finance

• Other: Standard listing conditions; Transaction type: For Sale
• Financial info: Treat as clear loan type; No second mortgage
• HOA & community: No association

Exterior

• Parking: Driveway (no garage or carport)
• Utilities: City water; City sewer; No municipal utility district
• Home design: Single-family residence; One story; Residential property
• Construction: Built in 1955; Siding exterior; Composition roof; Pillar/post/pier foundation
• Exterior features: Subdivision lot; Lot less than 0.5 acre

Interior

• Kitchen: Built-in cabinets; Tile countertops; Gas range; Refrigerator
• Bedrooms: 3 bedrooms (all on main level)
• Flooring: Carpet; Ceramic tile; Vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (natural gas); Central air conditioning; Gas heating components
• Interior features: Eat-in kitchen; Basement present; 5 total rooms; 1 living area; 1 dining area; Living area approximately 950
• Laundry & utility: Full-size washer/dryer area on site; Other laundry features

🏷️ Possibly a rental listed for sale. The $48,000 price doesn't fit this home's estimated sale value (~$84,550) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $48k.

Deal economics

• At list price, monthly cash flow is $850 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $48k).
• Recommended offer: $47k (1.5% below list) — sets the bar for market timing.
• Cap rate 27.5% 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 fast (+7.5%/yr); 485 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 40% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $332 of loan paydown is wiped out by about $1k 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 $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($47k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 6→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $47,280 (1.5% below list)

Questions for the listing agent

1. Built in 1955 — 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 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?
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. 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.
6. 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.
7. 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: 3.05% ✓
• Cap rate: 27.54%
• Cash-on-cash: 75.87%
• DSCR: 4.38
• GRM: 2.7

CMA / ARV

• ARV (on-the-fly): $84,550
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
610 Terrell Dr	0.61mi	3/1.0 (+1)	950 (0%)	2mo	$85,000	$89	65
7637 Harris St	0.43mi	3/1.5 (+1)	1,039 (+9%)	2mo	$110,000	$106	55
540 E 68th St	0.52mi	3/1.0 (+1)	948 (-0%)	22mo	$85,000	$90	52
740 Rainbow Dr	0.61mi	3/1.0 (+1)	864 (-9%)	2mo	$48,000	$56	50
7620 Liberty St	0.46mi	2/1.5	875 (-8%)	19mo	$60,900	$70	48
531 E 73rd St	0.55mi	3/1.0 (+1)	1,039 (+9%)	19mo	$36,000	$35	38

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

5-year hold

• IRR: 80.7%
• Equity multiple: 4.96×
• Total profit: $53,282
• Equity at exit: $7,157

10-year hold

• IRR: 85.3%
• Equity multiple: 11.96×
• Total profit: $147,352
• Equity at exit: $4,150

Cash invested: $13,440 (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 71106

• Rents YoY: 7.5%
• Active inventory: 485
• Price-to-rent: 2.7×

Monthly cashflow live

• Estimated rent: $1,462 medium
• Mortgage (P&I): −$252
• Tax from tax record: −$34 /mo · $404/yr
• Insurance: −$20
• HOA: −$0
• Vacancy / Maint / Mgmt: −$307
• Net cashflow: $850

Break-even live

Break-even rent $387

Max offer price $48,000

Occupancy floor 37%

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: $12,000
• Closing costs: $1,440
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7000 Fern Ave Shreveport, LA	2.0	1.0–2.0	895	$1,605	$1.79	13d	6	0.57mi
6002 Henderson Ave Shreveport, LA	3.0	1.0	1059	$1,050	$0.99	44d	1	1.08mi
223 W 69th St Shreveport, LA	2.0	1.0	990	$750	$0.76	44d	1	1.25mi
215 Sand Beach Blvd Shreveport, LA	1.0–2.0	1.0–2.0	814	$1,640	$2.01	13d	6	1.31mi
8455 Fern Ave Shreveport, LA	1.0–2.0	1.0–2.0	978	$2,229	$2.28	13d	9	1.31mi

Listing history 16 events

1. 2026-06-16
   days on market $48,000 Active 21 DOM
2. 2026-06-15
   days on market $48,000 Active 20 DOM
3. 2026-06-14
   days on market $48,000 Active 18 DOM
4. 2026-06-13
   days on market $48,000 Active 17 DOM
5. 2026-06-10
   days on market $48,000 Active 15 DOM
6. 2026-06-09
   days on market $48,000 Active 14 DOM
7. 2026-06-08
   days on market $48,000 Active 13 DOM
8. 2026-06-07
   days on market $48,000 Active 12 DOM
9. 2026-06-05
   days on market $48,000 Active 9 DOM
10. 2026-06-03
    days on market $48,000 Active 8 DOM
11. 2026-06-02
    days on market $48,000 Active 7 DOM
12. 2026-06-01
    days on market $48,000 Active 6 DOM
13. 2026-05-31
    days on market $48,000 Active 5 DOM
14. 2026-05-30
    days on market $48,000 Active 4 DOM
15. 2026-05-26
    listed $48,000 Active
16. 2003-01-02
    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: $404 · $34/mo
• Projected year-2 tax: $404 · $34/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 6/10 Major FEMA zone X (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 7/10 Severe 6 d/yr ≥110°F today · 19 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,546
• − Mortgage interest: −$2,689
• − Property taxes: −$404
• − Insurance: −$240
• − Repairs & maintenance: −$1,404
• − Management: −$1,404
• − Depreciation: −$1,396
• Taxable income: $10,009
• Est. tax owed @ 24.0%: −$2,402
• After-tax cash flow: $7,794/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): 34,117
• Household income: $81,452
• Rent vs Own: 31.7% rent · 68.3% 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
▸Utilities	1	$12B
▸Wholesale / Distribution	1	$5B
▸Advertising	1	$2B

Price history

2 events — show timeline

• 2026-05-26 Listed $48,000 NTREIS
• 2003-01-02 Sold (Public Records) — Public Records

Property tax history

-0.9%/yr

Latest (2025): $404 · +0.4% YoY. Source: county tax records.