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1809 Jenkins Ave
B Composite 70.53
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
  • DSCR +10.0/10.0
  • 1% rule +8.0/10.0
  • ARV discount +7.5/15.0
  • Appreciation +4.8/10.0
  • Livability +3.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.2/10.0

$60,000

1809 Jenkins Ave · Shreveport, LA 71101
2 bd · 1.0 ba · 866 sqft · SingleFamily public records · 21 Days on market
Built 1955 6,752 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Great investment opportunity with immediate income! This 2 bedroom, 1 bathroom home is currently tenant occupied on a month to month lease at $750 per month. This property features a 2.5 year old roof, central heat and air, and a gas hot water heater for added peace of mind. Inside, you'll find wood flooring and an inviting eat in kitchen with tile countertops along with a gas range and refrigerator. A solid, low maintenance rental with dependable cash floor and strong investment potential. Do not disturb tenant.

Key facts

  • Gas hot water heater
  • Wood flooring
  • 2.5 year old roof

Tags

2.5 YEAR OLD ROOFCENTRAL HEAT AND AIRGAS HOT WATER HEATERWOOD FLOORINGEAT IN KITCHENTILE COUNTERTOPS

Property features AI

Finance

  • Other: Property type: Residential - Single Family Residence; Lot size less than 0.5 acre (approx. 0.155 acres)
  • Financial info: Accepts cash, fixed and other financing; Second mortgage: none
  • HOA & community: No homeowners association

Exterior

  • Parking: Driveway; Attached 1-car garage
  • Security: Smoke detector(s)
  • Utilities: City water; City sewer; Not in a municipal utility district
  • Home design: Single family residence; One story; Residential property; Year built 1955; Not attached to another property; Subdivision: Oak Grove Sub
  • Construction: Siding exterior; Composition roof; Pillar/post/pier foundation
  • Exterior features: Covered porch(es)

Interior

  • Kitchen: Gas range; Refrigerator; Eat-in layout
  • Bedrooms: Primary bedroom on main level; Second bedroom on main level
  • Flooring: Wood flooring
  • Bathrooms: One full bathroom with garden tub, medicine cabinet and built-in cabinets
  • Heating & cooling: Central heating (natural gas); Central air conditioning
  • Interior features: Eat-in kitchen; Built-in cabinets; Tile counters; One living area; One dining area; Room count: 6
  • Laundry & utility: Laundry located in kitchen; Other laundry area

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 $60k.

Deal economics

  • At list price, monthly cash flow is $246 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($781 rent vs $60k).
  • Recommended offer: $59k (1.5% below list) — sets the bar for market timing.
  • Cap rate 11.2% 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: crime F, amenities F, commute 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.
  • Zoned schools: Creswell Elementary School (math 17% / reading 12%, grade F, #516 of 646 statewide, top 82%, 250 students, 81% FRL); Caddo Parish Middle Magnet School (math 79% / reading 93%, grade A+, #1 of 218 statewide, top 0%, 1,003 students, 23% FRL); C.E. Byrd High School (math 44% / reading 55%, grade D, #37 of 265 statewide, top 14%, 1,526 students, 43% FRL).
  • Zoned-school proficiency averages 50% at this address vs 26% district-wide (+24 pts) — the actual schools serving this property are materially stronger than the Caddo Parish average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: 62 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).

Forward outlook

  • In year one you build about $234 of equity ($415 loan paydown + $-181 appreciation (-0.3% local appreciation)).
  • Caddo County population projected at -15% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-0.3% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($59k) is reasonable based on typical stale-listing flexibility.
  • Current owner paid $42k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
  • 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 $59,100 (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
1.30%
Cap rate
11.22%
Cash-on-cash
17.58%
DSCR
1.78
GRM
6.4

CMA / ARV

ARV (on-the-fly)
$38,970
Comps found
7
Show comp detail 7 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1821 Jenkins Ave 0.03mi 2/1.0 858 (-1%) 11mo $17,000 $20 88
1836 Cook 0.10mi 2/1.0 853 (-2%) 16mo $25,000 $29 79
267 E Lister St 0.21mi 2/1.0 772 (-11%) 5mo $39,900 $52 68
2618 Roosevelt Ave 0.59mi 3/1.0 (+1) 845 (-2%) 1mo $45,000 $53 62
235 E Olive St 0.12mi 2/1.0 791 (-9%) 22mo $35,900 $45 62
257 E Egan St 0.33mi 2/1.0 931 (+8%) 13mo $45,000 $48 62
522 Coon 0.54mi 3/1.0 (+1) 976 (+13%) 22mo $19,900 $20 30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.3% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
16.4%
Equity multiple
1.78×
Total profit
$13,066
Equity at exit
$16,525
10-year hold
IRR
21.3%
Equity multiple
3.29×
Total profit
$38,436
Equity at exit
$19,161

Cash invested: $16,800 (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 71101

Home prices YoY
-0.4%
Active inventory
62
Price-to-rent
6.4×

Monthly cashflow live

Estimated rent
$781 high interval (Pro) →
Mortgage (P&I)
$315
Tax from tax record
$31 /mo · $370/yr
Insurance
$25
HOA
$0
Vacancy / Maint / Mgmt
$164
Net cashflow
$246

Break-even live

Break-even rent $469
Max offer price $60,000
Occupancy floor 63%

Sensitivity live

Price -10% $280 -5% $263 +0% $246 +5% $229 +10% $212
Rent -10% $185 -5% $215 +0% $246 +5% $277 +10% $308
Rate -1.0pp $276 -0.5pp $261 base $246 +0.5pp $231 +1.0pp $215

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
$15,000
Closing costs
$1,800
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
336 E Olive St Shreveport, LA 2.0 1.0 600 $595 $0.99 46d 1 0.13mi
253 E Jordan St Unit 251 Shreveport, LA 2.0 1.0 784 $900 $1.15 46d 1 0.27mi
139 Lister St Shreveport, LA 1.0 1.0 650 $600 $0.92 16d 1 0.37mi
202 E College St Apt 2 Shreveport, LA 1.0 1.0 800 $600 $0.75 46d 1 0.43mi
2317 Freewater St Shreveport, LA 2.0 1.0 695 $750 $1.08 16d 1 0.44mi
114 Egan St Shreveport, LA 1.0 1.0 800 $550 $0.69 46d 1 0.45mi
204 Boulevard St Shreveport, LA 2.0 1.0 1028 $1,195 $1.16 46d 1 0.47mi
1225 Pecan St Unit B Shreveport, LA 3.0 2.0 1070 $900 $0.84 23d 1 0.50mi
320 College St Unit A Shreveport, LA 1.0 1.0 800 $650 $0.81 23d 1 0.56mi
2618 Roosevelt Ave Shreveport, LA 3.0 1.0 845 $1,000 $1.18 23d 1 0.59mi
140 Wilkinson St Unit 140 Shreveport, LA 2.0 1.0 1000 $1,200 $1.20 23d 1 0.63mi
1535 River Parkway Blvd Shreveport, LA 1.0–3.0 1.0–2.0 928 $1,740 $1.88 16d 10 0.71mi
409 Egan St Shreveport, LA 2.0 1.0 1000 $725 $0.72 46d 1 0.72mi
431 College St Shreveport, LA 2.0 2.0 1100 $850 $0.77 16d 1 0.72mi
402 Egan St Unit Gilbert, 1320 Shreveport, LA 2.0 1.0 600 $565 $0.94 23d 1 0.72mi
342 Prospect St Shreveport, LA 1.0 1.0 800 $650 $0.81 23d 1 0.73mi
523 Wichita St Shreveport, LA 1.0 1.0 800 $650 $0.81 23d 1 0.78mi
455 Egan St Shreveport, LA 1.0 1.0 650 $650 $1.00 46d 1 0.80mi
533 Merrick St Unit C Shreveport, LA 1.0 1.0 825 $595 $0.72 23d 1 0.82mi
818 E Washington St Shreveport, LA 3.0 1.0 1100 $1,300 $1.18 23d 1 0.86mi
557 Merrick St Shreveport, LA 1.0 1.0 950 $725 $0.76 46d 1 0.87mi
517 Stoner Ave Shreveport, LA 2.0 1.0 1100 $625 $0.57 46d 1 0.87mi
546 Dalzell St Shreveport, LA 2.0 1.0 1000 $875 $0.88 23d 1 0.90mi
1301 Coates Bluff Dr Shreveport, LA 1.0–2.0 1.0–2.0 1004 $2,300 $2.29 16d 11 0.95mi
649 Merrick St Shreveport, LA 1.0 1.0 700 $650 $0.93 16d 1 0.98mi
336 Atkins Ave Shreveport, LA 2.0 1.0 912 $900 $0.99 46d 1 1.07mi
640 Kirby Pl Unit 640 Shreveport, LA 1.0 1.0 850 $600 $0.71 23d 1 1.14mi
1844 Line Ave Unit 2 Shreveport, LA 1.0 1.0 750 $850 $1.13 23d 1 1.16mi
1844 Line Ave Unit 2 Shreveport, LA 1.0 1.0 750 $850 $1.13 46d 1 1.16mi
820 College St Apt 2 (Upstairs Front) Shreveport, LA 1.0 1.0 750 $575 $0.77 16d 1 1.18mi
2903 Weyman St Shreveport, LA 1.0–2.0 1.0 800 $950 $1.19 16d 6 1.18mi
654 Columbia St Shreveport, LA 1.0 1.0 600 $850 $1.42 23d 1 1.19mi
819 Boulevard St Shreveport, LA 2.0 1.0 900 $800 $0.89 23d 1 1.20mi
2201 Naples St Bossier City, LA 2.0 1.0 759 $775 $1.02 46d 1 1.28mi
3307 Creswell Ave Shreveport, LA 1.0 1.0 525 $800 $1.52 23d 1 1.30mi
3307 Creswell Ave Shreveport, LA 1.0 1.0 700 $850 $1.21 46d 1 1.30mi
553 Gladstone Blvd Unit A Shreveport, LA 1.0 1.0 850 $700 $0.82 46d 1 1.34mi
810 Rutherford St Unit A Shreveport, LA 1.0 1.0 700 $800 $1.14 16d 1 1.38mi
1225 Delhi St Bossier City, LA 3.0 1.0 1092 $800 $0.73 23d 1 1.45mi
1019 Sheridan Ave Unit C Shreveport, LA 1.0 1.0 650 $650 $1.00 46d 1 1.46mi

Listing history 19 events

  1. 2026-06-16
    days on market $60,000 Active 21 DOM
  2. 2026-06-15
    days on market $60,000 Active 20 DOM
  3. 2026-06-14
    days on market $60,000 Active 18 DOM
  4. 2026-06-13
    days on market $60,000 Active 17 DOM
  5. 2026-06-10
    days on market $60,000 Active 15 DOM
  6. 2026-06-09
    days on market $60,000 Active 14 DOM
  7. 2026-06-08
    days on market $60,000 Active 13 DOM
  8. 2026-06-07
    days on market $60,000 Active 12 DOM
  9. 2026-06-05
    days on market $60,000 Active 9 DOM
  10. 2026-06-03
    days on market $60,000 Active 8 DOM
  11. 2026-06-02
    days on market $60,000 Active 7 DOM
  12. 2026-06-01
    days on market $60,000 Active 6 DOM
  13. 2026-05-31
    days on market $60,000 Active 5 DOM
  14. 2026-05-30
    days on market $60,000 Active 4 DOM
  15. 2026-05-26
    listed $60,000 Active
  16. 2011-03-07
    soldstatus $42,000
  17. 2006-12-13
    soldstatus
  18. 2005-06-10
    soldstatus
  19. 2000-10-12
    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
$370 · $31/mo
Projected year-2 tax
$370 · $31/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 66% 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$9,367
− Mortgage interest
−$3,361
− Property taxes
−$370
− Insurance
−$300
− Repairs & maintenance
−$749
− Management
−$749
− Depreciation
−$1,745
Taxable income
$2,092
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$502
After-tax cash flow
$2,452/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)
6,415
Household income
$19,351
Rent vs Own
67.9% rent · 32.1% own
Severe rent burden
702.0

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
Majority Black (63%)
Race & ethnicity
Black 63% White 29% Hispanic / Latino 5% Two or more races 2%
Common ancestry
Lithuanian 1% Slovak 1%
Foreign-born
2% · China
Languages at home
98% English-only · Tagalog/Filipino 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
▼ -0.30%
Current HPI
74.2131
Rent YoY
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

+42.9% since first listed
5 events — show timeline
  • 2026-05-26 Listed $60,000 NTREIS
  • 2011-03-07 Sold (Public Records) $42,000 Public Records
  • 2006-12-13 Sold (Public Records) Public Records
  • 2005-06-10 Sold (Public Records) Public Records
  • 2000-10-12 Sold (Public Records) Public Records

Property tax history

-1.7%/yr

Latest (2025): $370 · +0.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…