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611 Montgomery St
D+ Composite 46.44
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 +15.0/30.0
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Rent growth +4.1/5.0
  • Schools +3.8/10.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$25,000

611 Montgomery St · Bossier City, LA 71111
2 bd · 1.0 ba · 624 sqft · SingleFamily public records · 10 Days on market
Built 1932 5,009 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

A 2 Bed 1 Bath property in Bossier City, Louisiana. This property is rented for $386.95 per month. This is a great opportunity for any owner, occupant, or buyer looking to expand their rental portfolio. This is part of a large portfolio. Please see the agent for details.

Key facts

  • 5,009 sq ft lot
  • Built 1932
  • Listed 10 days

Property features AI

Finance

  • Other: County: Bossier; Country: United States
  • Financial info: Treat as clear loan type; No second mortgage
  • HOA & community: No homeowners association

Exterior

  • Parking: Open parking
  • Utilities: City water; City sewer; Not in a municipal utility district
  • Home design: Single family residence; Residential property; Built in 1932; Not attached to another property
  • Construction: Preowned structure (originally built in 1932)
  • Exterior features: Lot smaller than 0.5 acre (approximately 0.115 acres); Subdivision: Cumberland Sub

Interior

  • Kitchen: Other appliances
  • Bedrooms: 2 bedrooms (primary bedroom on main level)
  • Bathrooms: 1 full bathroom
  • Interior features: One-level layout; Two rooms total; One living area; One dining area; Other interior features
  • Laundry & utility: No specific laundry or utility details provided

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 2-bed/1.0-bath single-family listed at $25k.

Deal economics

  • At list price, monthly cash flow is $771 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $25k).
  • Cap rate 43.3% 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.
  • Market conditions: Rents rising fast (+6.6%/yr); 421 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 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 $173 of loan paydown is wiped out by about $750 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 $7k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: built in 1932 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk; major wind risk, 63% 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 $25,000

Questions for the listing agent

  1. Built in 1932 — 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
4.65%
Cap rate
43.32%
Cash-on-cash
132.25%
DSCR
6.88
GRM
1.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 6.56% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
8.06×
Total profit
$49,400
Equity at exit
$3,728
10-year hold
IRR
Equity multiple
18.91×
Total profit
$125,339
Equity at exit
$2,162

Cash invested: $7,000 (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
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
1.8×

Monthly cashflow live

Estimated rent
$1,163 high interval (Pro) →
Mortgage (P&I)
$131
Tax from tax record
$6 /mo · $66/yr
Insurance
$10
HOA
$0
Vacancy / Maint / Mgmt
$244
Net cashflow
$771

Break-even live

Break-even rent $186
Max offer price $25,000
Occupancy floor 29%

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
$6,250
Closing costs
$750
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
321 Edwards St Bossier City, LA 2.0 1.0 676 $750 $1.11 43d 1 0.24mi
213 Kelly St Bossier City, LA 2.0 1.0 598 $1,300 $2.17 13d 1 0.29mi
1820 E Texas St Bossier City, LA 2.0 1.0 750 $850 $1.13 43d 1 0.43mi
719 Edwards St Shreveport, LA 1.0–2.0 1.0 810 $1,275 $1.57 21d 7 1.32mi
100 Crossroads Blvd Bossier City, LA 1.0–2.0 1.0–2.0 858 $1,299 $1.51 43d 1 1.33mi
400 Preston Blvd Bossier City, LA 1.0 1.0 706 $870 $1.23 43d 1 1.37mi

Listing history 9 events

  1. 2026-06-18
    days on market $25,000 Active 10 DOM
  2. 2026-06-17
    days on market $25,000 Active 9 DOM
  3. 2026-06-16
    days on market $25,000 Active 8 DOM
  4. 2026-06-15
    days on market $25,000 Active 7 DOM
  5. 2026-06-14
    days on market $25,000 Active 5 DOM
  6. 2026-06-13
    days on market $25,000 Active 4 DOM
  7. 2026-06-10
    days on market $25,000 Active 2 DOM
  8. 2026-06-09
    remarks 271-char remark
  9. 2026-06-09
    listed $25,000 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
$66 · $6/mo
Projected year-2 tax
$138 · $11/mo
Expected delta
+$71/yr (+$6/mo · 108.2%)

ⓘ 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) · 72% 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 63% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$13,952
− Mortgage interest
−$1,400
− Property taxes
−$66
− Insurance
−$125
− Repairs & maintenance
−$1,116
− Management
−$1,116
− Depreciation
−$727
Taxable income
$9,401
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,256
After-tax cash flow
$7,002/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

Price history

-95.2% since first listed
2 events — show timeline
  • 2026-06-02 Listed $25,000 NTREIS
  • 2024-09-26 Sold (Public Records) $525,000 Public Records

Property tax history

-1.6%/yr

Latest (2025): $66 · -1.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…